tata chip plant

While the Tata unit will be the first to make chips from scratch in India, the government has also approved US-based Micron Technology's plant, a packaging and testing unit. The first ‘made-in-India’ chip from the Micron plant is expected in December 2024. This is significant, as chip shortages during the global pandemic lockdowns heightened realisation of India’s dependency on international supply chains. While the start seems promising, the odds…

Despite the regulator’s insistence on adhering to prescribed norms, many payment firms seem to be lax in conducting bank-grade KYCs. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ IAMAI task force to take on Big Tech■ ETtech Done Deals■ SoftBank sells Paytm stake On KYC compliance front, payment aggregators may be second to some At a time when the central bank and the Union government are pushing regulated entities to adopt stringent KYC (know your customer) norms to check fraud, many large payment…