Researchers at IIT Delhi have successfully designed India's first working indigenous micro Graphics Processing Unit (GPU). This significant development aims to reduce the country's reliance on imported GPUs, which are crucial for AI, Machine Learning, and various embedded applications, and could help bridge the digital divide.
'Companies are getting selective about what they pay a premium for.'
'The large number of tariff lines in the 90-99 per cent band highlights how deeply embedded Chinese sourcing has become in India's electronics imports.'
Tata Sons has the balance sheet to support them, for now.
JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.
Arunachal Pradesh Chief Minister Pema Khandu and Deputy Chief Minister Chowna Mein paid rich tributes to engineers on National Engineers' Day, commemorating the birth anniversary of Sir M Visvesvaraya. They highlighted the crucial role of engineers in the state's development, infrastructure, and India's overall progress, acknowledging their contributions to nation-building and technological advancement.
India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.
RRP Electronics and Orvis Semi Pvt Ltd have formed a strategic partnership to develop and manufacture low-light imaging sensors for defence, surveillance, and security in India. This collaboration aims to reduce reliance on imports and bolster India's semiconductor and defence electronics ecosystem under government initiatives like Make in India.
Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.
SpaceX and Tesla are jointly investing USD 16.8 billion to construct 'Terafab', an advanced AI semiconductor complex in Grimes County, Texas. This massive facility aims to address the global chip supply shortage, create thousands of jobs, and produce AI chips for Elon Musk's various ventures, including Tesla's robots and SpaceX's orbital data centres. The project is supported by a USD 30 million grant from the Texas government.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
India may have a vast coastline and a strategic location, but it will become a true maritime nation only when its people understand, value and actively participate in the maritime ecosystem, asserts Vice Admiral Biswajit Dasgupta (retd).
The political confidence required to place high-end Japanese aircraft and personnel on Indian soil is itself a data point.
It indicates a level of trust that would have been difficult to imagine when India-Japan defence ties were largely symbolic, explains Varun Arya.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
Indian mutual fund holdings in overseas equity securities increased by 37.5 per cent year-on-year to approximately '93,602 crore by March-end, according to RBI data. This growth is attributed to mark-to-market gains from a global market rally and heightened investor interest, with the US remaining the primary destination for these investments.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
A cyberattack on an automaker can spread through its wider supply chain and create significant financial losses.
Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.
The Modi government is launching a 'One Day, One University' programme, sending Union ministers to universities daily to engage with Gen Z, address their concerns, and inform them about government schemes. This initiative follows recent student protests over the NEET paper leak and aims to foster better understanding between the youth and the government.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'
Senior Indian officials highlight the indispensable role of the private sector in translating India-US cooperation in AI, semiconductors, quantum technologies, and critical minerals into tangible outcomes. The collaboration aims to build trusted, resilient technology ecosystems and position India as a global electronics and semiconductor hub.
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
Prime Minister Narendra Modi announced a new target of creating six crore 'Lakhpati Didis' to empower women and transform the rural economy. He highlighted the success of the existing initiative and the growing contribution of women in various sectors, from defence to technology.
Kerala Chief Minister V D Satheesan announced the state's vision to become a national hub for artificial intelligence and emerging technologies, coinciding with the launch of Naviq Technology by IBS Software Group. The state government is implementing initiatives like an AI-powered dashboard, a Global Job Watch Tower, and curriculum revisions to align with technological advancements and foster skill development in AI and semiconductor sectors.
Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.
NASA has invited ISRO to join its ambitious Moon Base mission to establish a permanent lunar outpost near the Moon's South Pole, aiming for scientific discoveries and future deep space exploration. This invitation follows discussions at the Civil Space Joint Working Group meeting in Bengaluru, where both nations also advanced cooperation under the Artemis Accords and the TRUST initiative.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
The US and India are collaborating to de-risk global supply chains for artificial intelligence technologies, particularly in semiconductor manufacturing and critical minerals processing. This partnership is facilitated through the US-led Pax Silica initiative, which aims to address over-concentration issues and single points of failure in supply chains, fostering a resilient global economy.
'Improved law and order and transparent governance have helped change UP's investment image.'
Prime Minister Narendra Modi, in his 80th Independence Day address, expressed strong confidence that India will achieve developed nation status by 2047, urging citizens to embrace big dreams and unwavering resolve to realise 'Viksit Bharat'. He highlighted India's economic transformation and significant growth in various sectors, including defence production, electronic manufacturing, and mobile phone production.
US-based chip maker Intel has signed an agreement with Tata Group to manufacture and assemble semiconductors in India for the local market, the Indian conglomerate said on Monday.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.
Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.
Anil Menon, a NASA astronaut of Indian descent, is embarking on an eight-month mission to the International Space Station. A former US Space Force colonel and emergency medicine physician, Menon will conduct vital experiments on the physiological effects of long-duration spaceflight, develop in-space medical technologies, and research semiconductor crystal production, contributing significantly to future deep-space missions and advanced technology.
