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Govt spots missing bits in HCL, Foxconn chip JV, seeks details, ET Auto

The IT ministry’s queries to the HCL-Foxconn proposal marks a repeat of an earlier plan submitted by Foxconn, in which it had proposed to build a chip manufacturing facility with Vedanta.India’s HCL Group and Taiwan’s Foxconn Group’s proposal to jointly build a chip assembly unit in the country is not very satisfactory, according to the government, which has asked both companies to submit more details about the project, said people in know of the developments.The

Semiconductor manufacturing in Assam will put state on global map, says Ratan Tata, ET Auto

Ratan Tata Manufacturing of semiconductors in Assam will put the state on the global map, said industrialist and philanthropist Ratan Tata, whose conglomerate has put in INR 27,000 crore in investments for a semiconductor plant in Jagiroad."The investments being made in Assam transform the state in complex treatment for cancer care. Today, the state government of Assam in partnership with the Tata group will make Assam a major player in sophisticated semiconductors,"

Air India Express: Over 360 Daily Flights in Summer Schedule, 20 Percent Surge in International Services

Published By: Samreen PallLast Updated: March 19, 2024, 17:06 ISTAir India Express: Over 360 Daily Flights in Summer Schedule, 20% Surge in International Services. (Photo: Air India Express)Air India Express expands summer schedule, with 360+ daily flights, over 20% hike in international services, amid merger with AIX Connect.Air India Express will operate more than 360 daily flights during the summer schedule, with international services set to rise by over 20 per cent.The airline is in the process of completing the

Semiconductor units will strengthen India’s transformative journey for tech self-reliance: PM Modi

Prime Minister Narendra Modi on Friday said the upcoming semiconductor units will further strengthen India's "transformative journey" towards technological self-reliance. The Union Cabinet on Thursday approved proposals to set up three semiconductor plants, including a mega fab by Tata Group, at a cumulative investment of Rs 1.26 lakh crore, as India moves to position itself as a global powerhouse in chip manufacturing. Modi said on X, "With the Cabinet approval of three semiconductor units under the India Semiconductor…

India okays $15 billion of milestone chip plant investments, including that of Tata Group

India's government has approved $15.2 billion worth of investments in semiconductor fabrication plants, including a Tata Group proposal to build the country's first major chipmaking facility.Prime Minister Narendra Modi's cabinet approved Tata's plan to build an $11 billion site that can fabricate about 50,000 wafers per month, technology minister Ashwini Vaishnaw told reporters in New Delhi Thursday. The government also cleared Tata's separate proposal for a $3 billion-plus chip assembly plant, and a packaging venture…

Myntra: Myntra appoints Shoppers Stop’s Venu Nair as chief of strategic partnerships and omnichannel

Fashion platform Myntra has appointed Venu Nair as its new chief of strategic partnerships and omnichannel. Nair joins Myntra from offline shopping chain Shoppers Stop, where he was the managing director and chief executive officer for about three years. At Myntra, he will be responsible for the international brands portfolio, and for “building strategic partnerships with leading global brands,” the firm said in a statement. Nair will also be managing omnichannel strategy for brands at Myntra.Elevate Your Tech Prowess…

Tata Group: Tata Group companies sign up with Karnataka for investments of Rs 2,300 crore

Tata Group companies Air India and Tata Advanced Systems on Monday signed an MoU with the Karnataka government, proposing an investment of Rs 2,300 crore on various projects with potential to create 1,650 jobs. Senior Tata executives signed the proposals with top government officials in the presence of chief minister Siddaramaiah and industries minister MB Patil.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product…

Why Tata wants Uber to speed up its super app Tata Neu

Salt-to-steel conglomerate Tata Group's ambitious project of being the sole leader of the super app race by investing over $2 billion has been marred with leadership issues, stagnation in user growth and low customer engagement. In a bid to revive its position, Tata Group’s digital arm has initiated conversations with Uber for a strategic partnership to increase traffic and revenue, ET has reported recently. Dara Khosrowshahi of Uber Technologies and N. Chandrasekaran of Tata engaged in talks during a meeting in Davos…

Why Tata wants Uber to speed up its super app Tata Neu, Auto News, ET Auto

Since its inception, Neu, offering electronics, groceries, and e-pharmacy services, has struggled to establish strong consumer loyalty. Salt-to-steel conglomerate Tata Group's ambitious project of being the sole leader of the super app race by investing over USD 2 billion has been marred with leadership issues, stagnation in user growth and low customer engagement. In a bid to revive its position, Tata Group’s digital arm has initiated conversations with Uber for a