Vedanta, With Foxconn, iPhone Maker, To Produce Chips In India
Foxconn, an iPhone assembler company, stated on Monday that it has partnered with Indian conglomerate Vedanta Ltd to produce chips or semiconductors in the South Asian country. With this, the electronic giant is looking to diversify its business amid the global chip shortage.  Vedanta is one of the world’s leading diversified natural resources companies, mainly…
John David
IISc Commissions Param Pravega: Country’s Most Powerful Supercomputer
The national supercomputing mission (NSM) has launched one of the most powerful supercomputers in India. The computer is designed by the C-DAC ( Centre for Development of Advanced Computing). The software development and components of the supercomputer are manufactured and assembled in India itself. The supercomputer is named Param Pavega. Param Parvega is commissioned in…
Indian IT Outsourcing Market: Recent Updates You Should Know
over two decades, India has been preferred for IT outsourcing by many western countries. Businesses across the globe have been putting their faith in Indian It outsourcing for their IT needs. If you’re searching for a guide on the Indian IT outsourcing market: recent updates, then you’re at the right page. On this page, you’ll…
A Detailed Study About The Water Market In India
Water is a crucial part of life. A human body can not survive without water. We all have heard a lot about water and its benefits in the water market in India. But do you know, the human body not only needs water to survive but it is essential to drink clean water to stay…
RBI Normalises Liquidity After The Secondary Sales Of Securities
The Reserve Bank Of India recently sold sovereign securities worth rupees 1,435 crores in the secondary market, clearing the sign of liquidity mobilisation. Indian benchmark yields hit their highest level in the past two years, due to the sale of bonds in the recent auctions. Resulting in a rise of the 10-year-old bond yield of…
Reliance Retail Buys 25.8% Stakes in Dunzo Worth $240 Million
Reliance has picked 25.5% stakes worth $240 million in Dunzo – a Google-backed hyperlocal delivery startup, as the largest Indian retail chain expands to the instant commerce space. Dunzo is a six-year-old startup that operates an eponymous hyperlocal delivery service in seven cities of India including Delhi, Bengaluru, Gurugram, Pune, Chennai, Mumbai, and Hyderabad. Its…
Sanjay Bhargav Step Down From Elon Musk’s Starlink
Sanjay Bhargav was appointed as Country Director and chairman of the board for Starlink India in the month of October 2021. Earlier, Bhargav Announced a target to build 200,000 terminals across India. But was waiting for the government approval on the same. On 4th January Sanjay Bhargav got on Linkedin and wrote about his withdrawal…
The Evolution of Healthcare Industry in India
The Evolution of Healthcare Industry in India The healthcare industry in India includes hospitals, medical equipment, pharmacy, pharmaceutical research, global healthcare, health insurance, and more. Due to expanded coverage, services, and additional investment by both public and private investors, the healthcare industry in India is growing rapidly. Healthcare Scenario in India However, the constitution of…
BitMart To Compensate For $196 Million Hack From Personal Funds
BitMart, a cryptocurrency trading platform, has announced that it will use its own funds to compensate victims of a large-scale security breach in which hackers stole up to $196 million. According to BitMart, hackers took around $150 million in assets. Peckshield, a blockchain security and data analytics firm that originally reported the theft, believes the…
Mutual Fund SIP Contributes to Set a New Record In August
The investment in the mutual fund continued to surge in August, shows data released from the Association of Mutual funds in India (AMFI). With monthly SIP contributions rising to Rs. 9,923 crore, new SIP registration now reached 25 lakh, the highest number ever. The number of registrations last month was nearly 2.5 times higher than…
