An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
Micron plans an assembly testing, marking and packaging project of $1 billion, and talks are on to set up a memory chip plant for captive requirements.
OSAT majors have concerns about India's ability to provide a stable, predictable, and lasting policy environment for years to come, which is key for making a decision in a capital-intensive business.
Sources claimed that in the meeting, it was also discussed to close the Red fort from 20th January to 27th January and a clarification was sought from Delhi Police.
1mg has made buying medicines easy and it aims to do more in online health care.
Indian plants -- who plan to begin production with 28 nano metre chips -- will take two to four years to get off the ground. By that time, in the fast changing world of chip making, the global market would have shifted to 22 nm.
Raids are being conducted by the Special Cell of Delhi Police at several locations across the city.
Reliance Jio, together with partners, has tested its 5G solutions in India, successfully demonstrating speeds of over 1 GBPS, and its 'Made in India' solution is "globally competitive", RIL chairman Mukesh Ambani said on Thursday. Ambani also exuded confidence that the company will be the first to launch full-fledged 5G services in the country. Jio is not just working to make India '2G-mukt' (free from 2G) but also '5G-yukt' (5G empowered), he added. Jio's engineers have developed a 100 per cent home-grown and comprehensive 5G solution that is fully cloud native, software defined, and digitally managed.
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
Will open radio access network technology (O-RAN) disrupt the way 5G networks roll out in the country? After all, it promises to offer a substantially lower capital cost, enables the choice of an array of vendors, and provides more network flexibility - all very important for telcos who expect to invest over Rs 60,000 crore to roll out a pan-India 5G network and that's without spectrum costs. But more importantly, it counters the stranglehold of global telecom gear makers such as Ericsson, Nokia, and Samsung over telcos to whom they sell propriety technology and bundled hardware and software.
Mumbai-based Indian Semiconductor Manufacturing Company (ISMC) and Singapore-headquartered IGSS Ventures have one strategy in common: They have told the government in their application for semiconductor fabrication plants that they will export the bulk of the chips they make in India in the initial five or 10 years. The third applicant, Vedanta-Foxconn, which is also building a fab plant, has said it will concentrate on the needs of consumer electronics and mobile device markets, and earmark 80 per cent of output for domestic consumption, but has not specified its customers. Finding a viable domestic market could well be the biggest challenge for India's renewed tryst with semiconductors. Fab plants do not sell directly to end users but to intermediary chip design companies - such as Qualcomm or MediaTek.
Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.
A red alert was sounded in the national capital over intelligence inputs of a possible terror strike which threw Delhi Police and other security agencies into a tizzy on a day when multiple attacks by militants in Jammu and Kashmir left several persons dead.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
Investigators probing the Delhi high court blast case have asked foreign intelligence agencies operating in Southeast Asia if they have picked up any signal or communication which may provide links to Wednesday's terror attack in the national capital.
Even though India has major strengths in chip design and in making the software that actually commands the processors to execute specific tasks, chip-manufacturing has never been the country's strength.
The Kunal Bahl-led firm wants to add 1,000 sellers every three months in its loan scheme.
These workers have been asked to undergo a 30-day performance improvement plan.
Security around high streets in the national capital, such as Connaught Place and Khan Market, has been stepped up following the 16-hour hostage crisis at Sydney's Lindt Chocolate Caf earlier this week. The terrorist attack on a Peshawar school, killing nearly 145, has intensified the checks at many restaurants, cafes and popular hangouts.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.
Even as the gaming industry battles multiple regulations in different Indian states, it has received more than double the amount of investment this year compared to 2020. Industry watchers attribute this to the growing popularity of gaming, spurred by the pandemic, and the innovative business models gaming firms have built. According to data from industry tracker Venture Intelligence, investment in India's gaming sector in 2021 has more than doubled to $794 million, as against a total investment of $339 million last year. In 2019, this number was $176 million. Marquee investors such as Tiger Global (Dream11), Sequoia Capital India (Mobile Premier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Partners (Zupee) have pumped money into the sector.
In order to have a successful career you have to ask yourself why you are doing what you are doing, says Kumud Srinivasan, Intel India's President.
"Troops should enhance vigil on the border and the LoC keeping in view the increased attempts of infiltration from across the border in 2009 as compared to last year," he told the Unified Headquarter's meeting in Jammu.
Singapore's emphasis on science education and a highly talented workforce puts it well ahead of the U.S. in a new global ranking of innovation leaders.
Indian start-ups are likely to experience a fillip as around 40 US venture capitalists and private equity holders have already lined up $400 million to invest in the country.
According to software company Mavernir, the new virtualised networks would lead to a saving of 40 per cent in capex and 34 per cent in terms of lower operations cost for operators.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
Reliance is leveraging the technological change of building a virtualised 5G network which would see the current hardware-dependent networks shift to software-centric platforms.
Google boss's absence at US-China internet forum meet raises eyebrows.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Investors seem to be very keen on investing in startups.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.
A 30-second spot during the final to be broadcast by Rupert Murdoch's Star Sports is expected to cost nearly 10 million rupees ($155,267), far higher than the 1 million rupees that advertisers pay on average for most Indian shows, said a person involved in buying ads.
Why top executives are trading cushy jobs for start-ups
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
The Powerwall 'will be great for India where there is a scarcity of electricity. The sun is there pretty much all day and there is no real good way to store its energy,' Tesla CIO Jay Vijayan tells Ritu Jha/Rediff.com.
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