NEWS
Polar Semiconductor secures $123 m US funding for fab unit in Minnesota
25 Sep 2024
The US Department of Commerce on Tuesday announced the award of $123 million in direct funding to Polar Semiconductor, its first under the CHIPS incentives programme
US to ban smart car tech from China and Russia
24 Sep 2024
The US Department of Commerce has proposed a ban on smart vehicles that use Chinese or Russian technology that may put national security at risk
IPEF announces action plan to ensure global supply chain resilience
24 Sep 2024
The Indo-Pacific Economic Forum (IPEF) for Prosperity has announced the setting up of separate teams for implementing action plans to ensure resilient supply chains for semiconductors
India, US to set up strategic chip fabrication centre
24 Sep 2024
The US Space Force will collaborate with India Semiconductor Mission, Bharat Semi and 3rdiTech to set up a manufacturing facility for infrared, gallium nitride and silicon carbide semiconductors.
CMA CGM acquires 48% stake in Brazil port terminal operator Santos Brasil
23 Sep 2024
French shipping giant CMA CGM has acquired 48 per cent stake in Brazilian port terminal operator Santos Brasil Participacoes, for about $1.15bn
Chandrayaan-4 mission to demonstrate technologies for safe return from Moon
23 Sep 2024
India last week announced four planned space missions, including one to planet Venus, a fourth mission to Moon and building an Indian Space Station and finally taking an Indian to and from the Moon
Anil Ambani invests Rs1,104 cr as Reliance Infra achieves debt-free status
23 Sep 2024
Anil Ambani has made a spectacular comeback with fresh equity investment in Reliance Infrastructure after the company along with Reliance Power achieved debt-free status by clearing around Rs8,000 core debt.
New blast furnace ups crude steel capacity at Tata Steel Kalinganagar by 5 million tonnes
22 Sep 2024
Tata Steel on Friday commissioned a 5 million tonnes per annum capacity blast furnace at Kalinganagar, Orissa, raising the plant’s crude steel capacity to 8 million tonnes from 3 million tonnes.
OYO to acquire G6 Hospitality from Blackstone for $525 m in cash
22 Sep 2024
Oravel Stays, the parent company of hospitality and travel technology company OYO, has agreed to acquire economy lodging franchisor G6 Hospitality, the parent company of Motel 6 and Studio 6 brands
Tata Motors, Tata Power team up for setting up commercial vehicle charging stations
22 Sep 2024
Tata Power EV Charging Solutions Limited, a subsidiary of Tata Power Ltd, has signed a memorandum of understanding (MoU) with group company Tata Motors Ltd
Tata Steel secures £500 m UK govt grant for green steel initiative at Port Talbot
21 Sep 2024
Tata Steel has secured a £500 million grant from the UK government for the construction of an electric arc furnace at its Port Talbot steel plant in Wales
CCI finds Amazon and Flipkart favouring select phone makers like Samsung and Xiaomi
20 Sep 2024
The Competition Commission of India (CCI) has found e-market places Amazon and Flipkart to be colluding with select smartphone makes such as Samsung, Xiaomi and other major companies
