Nigel Toon, cofounder and CEO of Graphcore MUMBAI: British semiconductor company Graphcore, a subsidiary of SoftBank Group, is launching a new AI engineering campus in Bengaluru and planning to create 500 semiconductor jobs with up to $1.3 billion (1 billion pounds) invested over the next decade. The engineering centre will be a core part of…
NEW DELHI: The textile ministry on Thursday announced significant amendments to the Production Linked Incentive Scheme for textile products with an aim to address challenges faced by the industry and encourage fresh investments. The amendments to the scheme for man-made fibre (MMF) apparel, fabrics and technical textile products include expansion of products eligible to receive…
NEW DELHI: PM Modi and his visiting counterpart Keir Starmer discussed initiatives to double down on likely gains from the India-UK landmark trade deal in a bilateral meeting, while also focusing on efforts to deepen their cooperation in the Indo-Pacific and in areas like technology, defence co-production and security.Modi also raised the issue of anti-India…
NEW DELHI: Acting swiftly on projects of strategic significance following suspension of the Indus Waters Treaty (IWT), an expert committee of the environment ministry has recommended environmental clearance for constructing the Sawalkot hydroelectric project on Chenab in Ramban district of J&K.The 1,856-MW project is a major hydropower initiative on Chenab, one of the western rivers…
NEW DELHI: Taiwanese chipmaker MediaTek – the world’s biggest chipset provider to smartphone brands apart from automotive and home product makers – has said that it is ready to get its chips manufactured in India once fab production begins here.MediaTek, which globally designs and contract-manufactures chips for companies such as Xiaomi, Samsung, Oppo and Vivo,…
Lucknow: The body of a 19-year-old youth, buried earlier in Dasapur village under the Manpur area in Sitapur district, was exhumed on Thursday and sent for postmortem after his family raised doubts over the circumstances of his death.The deceased, identified as Shivam Yadav, was employed at a gym in Ghaziabad. According to his father, Rajendra…
Russia Oil Buy Will Be Key Issue For Deal New Delhi: Thursday’s phone conversation between PM Narendra Modi and US President Donald Trump was the first since Indian trade negotiators, led by commerce and industry minister Piyush Goyal, returned from Washington, where external affairs minister S Jaishankar also held talks. Official and political circles unanimously…
Lucknow: Industry bodiesat Invest UP office on Thursday for consultation meet, welcomed GST 2.0 reforms.The list includes top representatives from leading industry associations like CII, PHDCCI, ASSOCHAM, IIA, IACC, Laghu Udyog Bharati, IACC and CREDAI among others. Discussions spanned over 33 plus sector-specific policies with a special focus on FDI, UP Industrial Investment & Employment…
In a tragic incident, an 85-year-old passenger on a Qatar Airways flight travelling from the United States died mid-flight after he was served a non-vegetarian meal. The incident has left the world shocked and sad at the same time. The old man, despite having pre-ordered a vegetarian meal, was served a non-veg meal. The event…
A special NIA court Thursday rejected ex-cop Sachin Waze’s plea to drop proceedings against him in the case pertaining to parking of explosives-laden car near industrialist Mukesh Ambani’s south Mumbai home and conspiring to kill businessman Mansukh Hiren. Waze had cited lack of jurisdiction, the cognisance being time barred, discrepancies in the probe and want…
