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India’s position set to rise in global supply chains with huge chip investments

Sep 7, 2024

New Delhi, Sep 7 (IANS) As India marches towards becoming the global semiconductor hub, industry experts on Saturday said the country could receive a massive up to $30 billion investment in the sector in the next three-five years which would further bolster its position in the supply chain worldwide.On Thursday, the Maharashtra government approved…

Indian startups raise more than $348 million funding this week

Sep 7, 2024

New Delhi, Sep 7 (IANS) The Indian startup ecosystem raised more than $348 million in funding this week, as the growth momentum for the industry continued for a second consecutive week.The Indian startups collectively secured $348 million…

Business

India ACC battery manufacturing to woo $90 bn investment in 5 years, create 50K jobs

Sep 7, 2024

New Delhi, Sep 7 (IANS) The advanced chemistry cell (ACC) battery and associated components manufacturing sector in India is likely to attract a cumulative investment of $90 billion (Rs 7.5 lakh crore) in next 5 years, according to latest…

Business

‘Made in Varanasi’ badges for US, UK militaries, GI tags post 2014 boosted businesses

Sep 7, 2024

New Delhi, Sep 7 (IANS) The success story of Varanasi made badges is a moment to celebrate, as they shine bright on the uniforms of foreign militaries in countries like the US, UK, Germany, France and more.Local artisans, who have been…

Business

Ecom Express Unveils 11-ft Ganpati Idol Crafted from 1001 Delivery Boxes, Celebrating Inclusion and…

Sep 7, 2024

Ecom Express Limited (“Ecom Express”), India’s only pure-play B2C e-commerce logistics solutions provider, today unveils its festive season celebrations with a unique and artistic initiative. In a vibrant display of art, teamwork, and…

Business

Need to invest in air pollution solutions for global prosperity: UN

Sep 7, 2024

Nairobi, Sep 7 (IANS) The world marked the fifth annual International Day of Clean Air for blue skies on Saturday, with calls for investment in clean air solutions as air pollution is increasingly causing public health, environmental, and…

Business

IIT Bombay secures record Rs 700 crore fund for research and development

Sep 7, 2024

New Delhi, Sep 7 (IANS) The Indian Institute of Technology (IIT) Bombay secured a record Rs 700 crore as an annual grant for research and development in 2023-24.This is the highest funds received in the last three years. In 2022-23, the…

Business

Hackers behind Rs 2,000 crore WazirX theft begin laundering stolen assets

Sep 7, 2024

New Delhi, Sep 7 (IANS) The hackers behind the Rs 2,000 crore (about $234 million) WazirX theft have started withdrawing the stolen digital assets and have reportedly laundered more than $12 million via Tornado Cash platform.According to…

Business

WhatsApp, Messenger to allow messages from 3rd-party services in EU: Meta

Sep 7, 2024

New Delhi, Sep 7 (IANS) Meta has announced plans to allow third-party services in WhatsApp and Messenger for users in the European Union, who will soon be able to put messages in the same inbox as third-party chats or keep them…

Business

Second Byju’s auditor exits in a year, embattled edtech firm responds

Sep 7, 2024

New Delhi, Sep 7 (IANS) Grappling with several issues, Byju’s has found itself in new controversy as its auditor BDO resigned with immediate effect, highlighting multiple issues with the embattled edtech firm, including significant delays…

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