Business Industry
Chips produced at CG Semi’s semiconductor facility in Sanand, Gujarat, will be exported to Japan, the United States and Europe, Union Electronics and IT Minister Ashwini Vaishnaw said after Prime Minister Narendra Modi inaugurated the plant. CG Semi Sanand Chip Plant The CG Semi Outsourced Semiconductor Assembly and Test facility in Sanand marks another step […]
Business
The US Department of Justice has defended its decision to abandon the criminal case against Gautam Adani and seven others, telling a federal court that the prosecution should not have been filed. US DOJ Seeks Adani Case Dismissal In a detailed filing before a US federal court, the Justice Department argued that the case against […]
Business
The Centre has directed officials to summon Meta over reports that paid Instagram advertisements allegedly promoted child sexual abuse material in India, raising serious concerns over platform safety and content moderation. Centre Summons Meta Over Instagram Ads Union IT Minister Ashwini Vaishnaw has asked the Ministry of Electronics and Information Technology to seek a
Business Industry
AI hiring in India’s IT sector continued to grow in June even as overall technology recruitment declined, showing a clear shift in demand towards specialised artificial intelligence roles. AI Hiring In India IT Sector Rises Hiring for artificial intelligence roles in India’s IT sector rose 16 percent year-on-year in June, according to Naukri’s monthly JobSpeak […]
Business Industry
India’s printed circuit board exports to China surged sharply in FY26, marking an unusual bright spot in a bilateral trade relationship that continues to be dominated by India’s large electronics imports from China. India PCB Exports To China Surge India exported $1.5 billion worth of printed circuit boards to China in FY26, a more than […]
Business Markets
Indian equity benchmarks ended lower on Tuesday, with the Sensex falling nearly 250 points and the Nifty closing below 23,900. The decline came amid selling pressure in select sectors, weakness in IT stocks and cautious investor sentiment on Dalal Street. Sensex Falls 249 Points The BSE Sensex declined 249.70 points to settle at 76,478.67. The […]
Business Finance
HDFC Bank is expected to move ahead with the reappointment process of Sashidhar Jagdishan as Managing Director and Chief Executive Officer for a third term, after external legal reviews found no basis for concerns raised by former chairman Atanu Chakraborty. HDFC Bank CEO Reappointment Jagdishan’s current term as MD and CEO is set to end […]
Business Industry
India is preparing to reduce its dependence on imported printed circuit boards, with Union Electronics and IT Minister Ashwini Vaishnaw saying domestic PCB manufacturing could save nearly ₹40,000 crore in annual imports. Domestic PCB Manufacturing Push Vaishnaw said India is moving beyond electronics assembly and entering deeper manufacturing of key components. Printed
Business
Here is the same rewrite with sources hidden: The United States has imposed sanctions on an Indian national and a Chhattisgarh-based explosives manufacturer over allegations that they helped supply material linked to Sudan’s civil war. The action is part of a wider sanctions package targeting individuals and entities accused of supporting procurement and recruitment
Business
Amazon has announced an additional $13 billion investment in India to expand its artificial intelligence and cloud infrastructure by 2030, strengthening its long-term bet on one of the world’s fastest-growing digital markets. Amazon India AI Investment The fresh investment will support the expansion of Amazon Web Services infrastructure in India, with a focus on data […]