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Uttar Pradesh will be Home to India's Next Semiconductor Unit

Uttar Pradesh will be Home to India's Next Semiconductor Unit

The announcement was made by Union Minister for Electronics and IT Ashwini Vaishnaw at a press conference held at SEMICON India. Uttar Pradesh will now host semiconductor operations in addition to Gujarat and Assam. Furthermore, Yogi...

Samsung Intends 30% Global Job Cuts, with 1000 Layoffs Anticipated in India

Samsung Intends 30% Global Job Cuts, with 1000 Layoffs Anticipated in India

According to reports, Samsung Electronics plans to reduce its global workforce by up to 30% across multiple departments. The job layoffs will mostly affect sales, marketing, and administrative professionals throughout the Americas, Europe,...

New Merger Rules Involving Foreign Companies have been Announced: Details

New Merger Rules Involving Foreign Companies have been Announced: Details

The Ministry of Corporate Affairs (MCA) has made significant regulatory adjustments for corporations engaging in mergers and acquisitions, particularly those involving international organizations. According to the new regulations, any merger...

Indian Largest Supercomputer with 8 Exaflops to be Developed by Microsoft-backed G42

Indian Largest Supercomputer with 8 Exaflops to be Developed by Microsoft-backed G42

According to a senior corporate executive, Microsoft and Mubadala-backed G42 is slated to develop India's largest supercomputer, with eight exaflops of processing capacity that can do millions of trillions of floating-point operations per...

Congress Alleges that Sebi Chairperson's Husband Accepted Money from M&M

Congress Alleges that Sebi Chairperson's Husband Accepted Money from M&M

The Congress on Tuesday leveled new charges against Madhabi Puri Buch, chairman of the Securities and Exchange Board of India (Sebi), alleging that her husband Dhaval Buch earned Rs 4.78 million from Mahindra and...

HP Join Hands with Padget Electronics to Produce PCs in India under the PLI 2.0 program

HP Join Hands with Padget Electronics to Produce PCs in India under the PLI 2.0 program

According to a joint statement released, PC maker HP India is scheduled to sign a deal with Padget Electronics, a subsidiary of electronics contract manufacturer Dixon Technologies, to manufacture the company's laptops, desktops, and...

Workers' strike disrupts consumer durables production at Samsung's Chennai facility

Workers' strike disrupts consumer durables production at Samsung's Chennai facility

Consumer durable product production was hampered at Samsung's Chennai facility when about 900 manufacturing workers, or over half of the total staff, went on strike, according to industry sources. According to the source, workers at...

Apple supplier Jabil to set up a Rs 2,000 crore manufacturing factory in Tiruchirapalli

Apple supplier Jabil to set up a Rs 2,000 crore manufacturing factory in Tiruchirapalli

With an investment of Rs 2,000 crore, Jabil Inc., an American multinational contract manufacturer for Apple, would establish an electronics manufacturing facility in Tiruchirapalli, Tamil Nadu, generating employment for 5,000 people. After...

Delta Establishes Global R&D Center and India Headquarter in Bengaluru

Delta Establishes Global R&D Center and India Headquarter in Bengaluru

Bengaluru is now home to Delta's new global research and development (R&D) center and India headquarters. Delta is a prominent global provider of power management and Internet of Things (IoT)-based green solutions. Up to 3,000 managerial,...

Unlocking Supply Chain Excellence By Illuminating Expertise of Competent Consultants

Unlocking Supply Chain Excellence By Illuminating Expertise of Competent Consultants

Today, sourcing and procurement consultants undoubtedly play an imperative role in handholding businesses in optimizing their supply chain, reducing costs, and improving efficiency. These consultants bring forth the much needed knowledge to...

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