FAB FOUR
Groundbreaking for three semiconductor plants likely next week
Of the three semiconductor projects, two are from the Tata Group. They include an $11 billion semiconductor fab facility, the country's first, at Dholera in Gujarat. The other unit proposed by the conglomerate involves a Rs 27,000 crore chip assembly, testing, marking and packaging facility at Morigaon in Assam
With 5x the investment, India will be among top semicon producers by 2028: IT minister Ashwini Vaishnaw
In an interview with ET, minister for electronics and IT, communications and railways Ashwini Vaishnaw said the government will be focused on execution of India’s first semiconductor fab project, by the Tata group, along with two other chip assembly proposals, in record time.
Four Beatles biopics coming, a movie each for Paul McCartney, John Lennon, George Harrison and Ringo Starr
Sony Pictures is producing four Beatles biopics directed by Sam Mendes. The films will have full life and music rights and will focus on each band member. Release plans will be announced later. Mendes' films will offer a unique cinematic experience. Music biopics have been box-office hits.
Ambani, Adani, Tata & Jindal: The four pillars of Indian team boosting Modi's self-reliance vision
The current consensus among political analysts is for Prime Minister Narendra Modi to retain power in this year’s general elections. In that case, expect a further consolidation of wealth in the hands of Mukesh Ambani, Asia’s richest businessman, and Gautam Adani, his closest rival.
High street rentals breach pre-pandemic levels
Indian high street rentals, including Khan Market, have exceeded pre-pandemic levels as retailers prefer markets over malls for flagship stores. Major cities like Delhi, Mumbai, Pune, Ahmedabad, and Bengaluru have witnessed rental appreciation on their prominent main streets.
ICC Cricket World Cup 2023: 'One Last Dance' for international cricket's 'Fab Four'
This tournament could be the final time that these four legends play an ICC Cricket World Cup or matter of fact, any major ICC tournament together. Ever since the New Zealand legend Martin Crowe coined the term 'Fab Four' to put all these stars in a group, they have accomplished a lot in the sport. All of these players have a large volume of runs and multiple records to their name.
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These fab four IFS officers helped India achieve the difficult G20 consensus
Four Indian Foreign Service (IFS) officers played crucial roles in India's successful bid to secure a global consensus at the recent G20 Leaders Summit in Delhi. These officers, along with India's G20 sherpa Amitabh Kant, navigated challenging negotiations that involved over 200 hours, 300 bilateral meetings, and 15 draft revisions.
Foxconn may partner with TSMC and TMH to set up fab units
Foxconn is likely to soon finalise the details of the partnership to manufacture both advanced and legacy node chips, a source close to the development told ET.
Foxconn looking to set up 4-5 fab lines in India
Apprises MeitY of at least two MoUs it has signed with technology partners.
India's Fab Four - Nitu, Nikhat, Lovlina & Saweety - At World Boxing Championships Finals
IBA Women's World Boxing Championship is being held at Indira Gandhi Sports Complex in New Delhi.
Decision on first semiconductor fab unit likely within a few weeks
Vaishnaw said the electronics manufacturing industry in India is close to $87 billion, with mobile phone exports expected to touch $9.5-10 billion in 2023, with 99% of smartphones sold locally are made in India. He added that the semiconductor program is almost at an inflection point after the government touching base with almost all the stakeholders and building credibility.
HCL Tech aims to double semiconducter biz in four years; group needs two years to build fab
HCL Group is among the companies that have applied to set up electronic chip plants under the "Scheme for Compound Semiconductors" and HCL Technologies will assist HCL Corporate in end-to-end processing of chips.
Are subsidies for silicon fabrication plants liable to be wasteful ‘revadis’?
India must at some point build its own fabs. But if India builds just five fabs as big as Vedanta’s, its subsidy bill may be as large as the US’. That looks excessive. We must not rush into this sector prematurely.
'When I get older ... ' Paul McCartney going strong at 80, becomes the oldest headliner to play at Glastonbury Festival
British media have reported that McCartney could be made a peer of the realm -- 25 years after he was first knighted.
Rajesh Exports readies investment for EV entry, in talks with states for display fab
Rajesh Exports moved higher in the global jewellery supply chain with the acquisition of Swiss refiner Valcambi in July 2015, taking its total capacity to 2,400 tonnes per year.
Rajesh Exports readies investment for EV entry, in talks with states for display fab
According to a recent government release, Rajesh Exports was among four companies — Ola Electric, Hyundai, and a Reliance company are the others —to win incentives under an Rs 18,100-crore central scheme to advance battery cell production in the country.
Semiconductors: Global majors bet on India becoming a chip manufacturing hub
With the global order undergoing a change, it has become imperative for like-minded countries to develop partnerships so that the supply chain continues to function smoothly, said experts at the event.
With Rs 76,000 crore PLI scheme, India set to action its semiconductor fab vision
Global companies from Taiwan, the US, South Korea etc have expressed keen interest to invest, with a special focus on domestic companies, startups under the design segment.
Govt to receive proposals for semiconductor fabs, display units from January 1
Earlier this month, the government approved a Rs 76,000-crore scheme to boost semiconductor and display manufacturing in the country, in a bid to position India as a global hub for hi-tech production, and attract large chip makers.
Centre expects Rs 1.7 lakh crore investments in four years under Rs 76,000 crore semiconductor scheme
Union Minister Ashwini Vaishnaw said the Rs 76,000 crore incentive plan is only the beginning for setting up the semiconductor ecosystem in the country as Prime Minister Narendra Modi has set a 20-year vision to make India a hub of the electronics chip industry.
ET F&B Leaders 40 Under 40: This shepreneuer Hatch-es a PR success tale; IIT-K alumnus cooks a fab biryani menu; Milkshake director aces the beverage game
The F&B leaders have emerged stronger than before.
CCI directs MakeMyTrip to relist properties of Treebo, FabHotels in four weeks
On Tuesday, the provisional directions were given by India's competition watchdog after both MakeMyTrip and Oyo conveyed that they had no objections to relisting Treebo and FabHotels properties on the former's platform.
Euro 2020 semi-finals preview: The fab four
As the Euro 2020 semi-finals get going tonight, here are the last four standing in a tournament that has claimed its fair share of favourites and spilled blood.
FabIndia sales grew 2% during FY20, crossed Rs 1500 crore sale mark
The 60-year-old firm, popular for selling ethnic products sourced mostly from rural areas, posted consolidated sales of Rs 1508 crore with earnings before interest, taxes, depreciation, and amortization (EBITDA) of Rs 289 crore, according to regulatory filings sourced from Altinfo, a data insights firm.
Digital nomads are taking their business to the hills of Nainital and Mount Abu
Pandemic-weary Indians are converting ‘work from home’ to ‘work from anywhere’. From Coorg to Nainital, the office now for many is where nature is.
Now, FabHotels draws hotelier complaints
A person familiar with matters at FabHotels alleged that while the budget hotel chain added several hotels over the past one year it also had “an almost equal number of exits”.
India Quotient’s new fund marks first close at $30 million
The VC firm roped in Gulf-based billionaire Dr BR Shetty as a major backer with a $10 million commitment.
Fit & fab at 57: Lothar Matthaus used his designing skills on the football field
Matthaus is a certified interior designer as well.
Topline growth at IT’s fab four slows, but headcount, revenue traction bode well
On the trailing 12-month basis, TCS and Infosys reported improved growth rate in the revenue.
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