India is all set to make its presence felt in the $47 billion global outsourced semiconductor testing and packaging market, an arena where Malaysia and Vietnam have been way ahead so far. The Cabinet last Thursday cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner. These, together with Micron's assembly and testing plant which is already being constructed in Sanad in Gujarat, will collectively invest Rs 47,300 crore to set up the factories.
Check out how India's athletes fared on Day 5, Wednesday, July 31, 2024:
Prime Minister Narendra Modi on Saturday visited the historic Pagoda temple in Hanoi and the stilt house where revered Vietnamese leader Ho Chi Minh lived, apart from enjoying fishing with his Vietnamese counterpart Nguyen Xuan Phuc.
India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."
To pick up 65% in Hoan My Medical Corporation; deal to be completed in 45 days.
But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.
The Indian desire to deepen its ties with Vietnam, especially in the oil sector, besides defence and trade, was conveyed to the top leadership in Hanoi by External Affairs Minister Sushma Swaraj.
A look at how India's athletes fared on Day 2, on Sunday, July 28, 2024:
Monday's timing will put India in the 21st place in the Road to Paris list of World Athletics while the aim was to be either in the 15th or 16th spot. India, thus, is in a difficult position to make the Paris cut.
'Vietnam has become an adjective as well as a verb -- the Americans, for instance, were driven by the passion to do a 'Vietnam' on the Soviet Union when that country invaded Afghanistan in 1979.'
This is for the second time that Tata Steel is getting into a take-over battle. It acquired the Anglo-Dutch steel company Corus Group after beating rival suitor, CSN of Brazil, through auction.
Vietnam is a growing market for sponsors such as brewer Heineken and would be a fifth Asian race on the calendar, making up for the departure of Malaysia.
Vietnam-based electric vehicle maker VinFast, a rival of Tesla in the global market, has set foot in India and began work on building its Rs 16,000 crore EV manufacturing facility at Thoothukudi in Tamil Nadu. The company has already sought a reduction in import duties on its cars for about two years until customers get familiar with the brand and its unit in the state. The global major kicked off the construction of the first phase of its integrated EV hub, which may see Rs 4,000 crore of investment initially and will create more than 10,000 jobs.
India's campaign came to a halt at the Vietnam Open Grand Prix badminton tournament after Sameer Verma went down to second seed South Korean shuttler Lee Hyun-il in straight games in Ho Chi Minh City, Vietnam, on Friday.
India on Saturday extended $500 million (Rs 3,328 crore) Line of Credit to Vietnam for facilitating deeper defence cooperation with the south east Asian nation, as the two countries elevated their ties to a Comprehensive Strategic Partnership to respond to emerging regional challenges.
Patience, as much as skill and flexibility, has become a necessary part of the armoury of Southeast Asia's top-ranked gymnast, Vietnam's Phan Thi Ha Thanh.
In an interview to ABC news, Bush said pulling out from Iraq now would be akin to a surrender.
The Indian trio of Jyothi Surekha Vennam, Parneet Kaur and Aditi Swami ousted World No. 4 USA 233-229 in the semi-final.
S&P Global Ratings on Friday said it will watch the fiscal numbers for the next 1-2 years, besides pro-growth policies of the new government, before deciding on India's sovereign rating upgrade. S&P, which earlier this week upgraded India's outlook to positive while retaining the sovereign rating at BBB-, expects the new government to continue with pro-growth policies, infrastructure investment and commitment to fiscal consolidation.
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation, has signed the production sharing contracts with Vietnam Oil and Gas Corporation (PetroVietnam) for two offshore blocks in Phu Khanh Basin.
China, which is the second highest spender on defence after the United States, has allocated 1.67 trillion yuan (about USD 232 billion) for defence spending.
The young beauty readies herself for the upcoming Miss World contest.
Pradhan said a team of officials of state-run Indian Oil Corporation had visited Vietnam and explored some business ventures
President Pratibha Patil arrived in the Vietnamese capital, Ho-Chin-Minh City on Monday, as part of a ten-day visit to Vietnam and Indonesia to bilateral ties with these economically and strategically important neighbours in the ASEAN region.
As disputed South China Sea witnesses increased Chinese influence, Vietnamese Prime Minister Nguyen Tan Dung on Monday pitched for India's "active support" to peacefully resolve all disputes and sought its greater linkages across the region.
China and Vietnam have an acrimonious relationship due to their standoff over the South China Sea, a huge source of hydrocarbons.
With the Ram Mandir scheduled to open its doors to visitors in January, Ayodhya is expected to welcome travelers both from India and abroad.
Harika lost 1-0 to China's Hou Yifan
The defeat put India out of the Asian women's football championship.
But 'the threat of SARS import through international travel is great', the health ministry said in a statement.
China which rejected the verdict initiated by the Philippines petition has stepped up air and naval patrols to assert its controls over the region.
The transaction was to be completed by June.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Surat police commissioner Anupam Singh Gehlot identified the arrested accused as Maulvi Sohel Abubakr Timol (27), who worked at a thread factory as a manager and offered private tuition on Islam to Muslim children.
India continues to occupy the second spot with 9 match points (2 match points for a win and 1 for a draw) behind Iran (10 MPs).
Foreign investors are losing faith in Vietnam, which was sought-after destination just three-four years back. Due to slow reforms and rising corruption the growth in foreign investments has turned negative.
ONGC Videsh Limited, overseas investment arm of state-run Oil and Natural Gas Corporation, wants to buy BP's 35 per cent stake in the $1.3 billion Nam Con Son gas project in Vietnam.
Vice President Hamid Ansari on Monday arrived in the Vietnamese capital Hanoi on a four-day visit to "honour traditional friendship".
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
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