India is rapidly transforming its semiconductor landscape with the India Semiconductor Mission, aiming to become a global hub for chip manufacturing and design. With significant investments and incentives, the nation fosters domestic production, attracts major players, and cultivates a skilled workforce. This strategic push reduces import dependence and strengthens India’s position in the global semiconductor…
Western Railway is set to enhance commuter safety by implementing the indigenous anti-collision system, Kavach, on its Mumbai local trains by the end of next year. This advanced system, developed under the ‘Make in India’ initiative, will replace the existing Auxiliary Warning System (AWS), preventing collisions and ensuring safer operations.
VinFast, the Vietnamese electric vehicle manufacturer, has inaugurated its first manufacturing plant in southern India, signaling a significant move to penetrate the country’s burgeoning auto market. With a planned investment of $2 billion in Tamil Nadu, VinFast aims to produce up to 150,000 vehicles annually. The company anticipates introducing its cars to Indian showrooms later…
Anurag Tyagi, formerly of Morgan Stanley and other multinational firms, has been appointed CEO of Altre’s design & build tech platform. He brings extensive experience in managing large real estate portfolios across Asia. Altre’s platform aims to revolutionize traditional design & build processes by providing enhanced transparency and improved accountability through technology.
Indian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, and the Middle East. This purchase follows a pause in buying Russian crude due to narrowing discounts. The bought crude includes US West Texas Intermediate Midland, Canada’s Western Canadian Select, and Abu Dhabi’s Das oil.
JSW Steel and Japan’s JFE Steel will invest 58.45 billion rupees ($669 million) to expand production capacity of cold rolled grain-oriented electrical steel across two Indian plants to 350,000 tons per annum, JSW Steel said on Monday.
Larsen & Tourbo secures a significant EPC contract. The project involves developing a 116 MWac solar plant in Lakhisarai, Bihar. It will integrate a 241 MWh Battery Energy Storage System. This aims to establish Lakhisarai as a major energy storage hub. The expansion brings the total co-located storage capacity to 495 MWh.
Data suggests that LLM-based searches are likely to outpace plain vanilla Google searches by 2028. MyMuse is seeing a 10% increase in its monthly searches on ChatGPT since it started focusing on GEO. Siftly offers GEO services to B2B, B2C and D2C companies. Asva AI is another startup helping companies improve their presence on these…
Data suggests that LLM-based searches are likely to outpace plain vanilla Google searches by 2028. MyMuse is seeing a 10% increase in its monthly searches on ChatGPT since it started focusing on GEO. Softly offers GEO services to B2B, B2C and D2C companies. Asva AI is another startup helping companies improve their presence on these…
Despite global layoffs, FAAMNG companies are expanding their India headcount, growing by 16% in the past year, driven by demand for AI, cloud, and cybersecurity skills. While Indian IT firms face workforce reductions due to skills mismatch, Big Tech’s India-based global capability centers are increasing hiring for high-end work and innovation.
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