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PM Modi wants to go more aggressive on making India a global chip hub: SEMI’s Ajit Manocha

Sep 12, 2024

Greater Noida, Sep 12 (IANS) Prime Minister Narendra Modi is crystal clear about his vision for semiconductors and their usefulness for humanity and he wants to become "even more aggressive" in taking this journey further, Ajit Manocha, President and CEO of global industry association SEMI, said on Thursday.Speaking to IANS, Manocha, who addressed…

GCCs to account for 40 pc of Grade A office space demand in India: Report

Sep 12, 2024

Bengaluru, Sep 12 (IANS) Global capability centres (GCCs) are likely to account for almost 40 per cent of the demand for Grade A office space in the next few years in India, a report showed on Thursday.The overall office market has…

Business

SpiceJet moves SC challenging Delhi HC directive on grounding 3 engines, seeks urgent hearing

Sep 12, 2024

New Delhi, Sep 12 (IANS) Low-cost carrier SpiceJet on Thursday sought an urgent hearing on its plea filed before the Supreme Court against the Delhi High Court directive requiring the debt-ridden airline to ground three engines over…

Business

India plans to increase women’s participation in aviation sector to 25pc by 2025: Naidu

Sep 12, 2024

New Delhi, Sep 12 (IANS) Union Minister for Civil Aviation, Ram Mohan Naidu highlighted India's ambition to increase women's participation in aviation to 25 per cent by 2025.Addressing the two-day Asia-Pacific Ministerial Conference on…

Business

Maha govt to collaborate with WEF for MMR’s development as global economy hub

Sep 12, 2024

Mumbai, Sep 12 (IANS) The Maharashtra government, which is chasing its ambitious target of a one trillion economy dollar, on Thursday will release a report penned by NITI Aayog on the development of the Mumbai Metropolitan Region (MMR) as a…

Business

Sensex, Nifty trade higher amid positive global cues

Sep 12, 2024

Mumbai, Sep 12 (IANS) Indian equity indices opened in the green on Thursday, following positive global cues from Asian and US markets. At 9:54 a.m., Sensex was up 236 points or 0.29 per cent at 81,759 and Nifty was up 89 points or 0.36 per…

Business

EV firm Ather Energy saw its losses grow 22 pc to Rs 1,060 crore in FY24

Sep 12, 2024

New Delhi, Sep 12 (IANS) Electric vehicle (EV) company Ather Energy, aiming to raise more than Rs 3,100 crore via its initial public offering (IPO), saw its losses widen 22 per cent to Rs 1,060 crore in FY24, as its operating revenue…

Business

India, US working in areas like critical minerals, supply chains: Piyush Goyal

Sep 12, 2024

New Delhi, Sep 12 (IANS) India and the US are working together towards becoming self-reliant in critical minerals, strengthening supply chains and adopting cutting-edge technologies, the government has informed.Union Commerce and Industry…

Business

Cabinet clears Pradhan Mantri Gram Sadak Yojana-IV with Rs 70,125 crore outlay

Sep 12, 2024

New Delhi, Sep 11 (IANS) The Union Cabinet on Wednesday approved implementation of the Pradhan Mantri Gram Sadak Yojana-IV (PMGSY-IV) with a total outlay of Rs 70,125 crore.The Pradhan Mantri Gram Sadak Yojana-IV is launched for the…

Business

Semiconductor tech will make India world’s third largest economy: Union Minister

Sep 12, 2024

New Delhi, Sep 11 (IANS) Union Minister of State for Commerce and Industry, Jitin Prasada, on Wednesday credited Prime Minister Narendra Modi for hosting the three-day 'Semicon India 2024' at Greater Noida, saying India will soon become the…

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