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The Latest Breaking News on Asian tech

Demand mounts for direct trains between Mysuru and Mumbai

Demand for daily train services b/w Mysuru & Mumbai is growing due to Mysuru's development as a start-up hub. Pratap Simha, Mysuru MP, met the Minister for Railways to discuss projects & proposed new mega textile park in Mysuru. Bengaluru-Mysuru Expressway & Mysuru airport expansion will attract talent from across…

The Hindu

Inorbit Mall will be the new landmark in Visakhapatnam, says A.P. Chief Minister Jagan Mohan Reddy

Andhra Pradesh Chief Minister Jagan Mohan Reddy lays stone for Inorbit Mall being developed at a cost of ₹600 crore in the Port City of Visakhapatnam by the Raheja Group, which also plans to develop IT space and convention centre of international standards

The Hindu

World’s biggest market for sub-$100 million IPOs booms in India

MUMBAI: Small is beautiful in India’s market for initial public offerings after the disappointment of hyped mega-share sales.

The Times of India

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Chip tactics: on India’s bid to attract major global chip manufacturers

Prime Minister Narendra Modi’s assurance of understanding the needs of the global chip supply chain needs to be matched by actions to assuage concerns

The Hindu

Why was MP not provided details under RTI Act, asks Justice Vijaysen Reddy

The Hindu

Technopark turns 34 as it enters a new phase of development

Sanjeev Nair, the CEO of the first IT park in India, recalls the contribution of visionary leaders, founders and the team which helped Technopark lay a solid and robust foundation

The Hindu

Our made-in-India chip will be ready in 2.5 years: Vedanta chairman on semiconductor plan

Vedanta group chairman Anil Agarwal said that first phase of its semiconductor project will involve $5 billion investment of the overall $20-billion outlay, and the venture will be ready with made-in-India chip in two and a half years.

The Hindu

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Is Taiwan Semiconductor Manufacturing (TSM) a Buy, Sell or Hold Before August?

Taiwan Semiconductor Manufacturing (TSM) is witnessing a revenue slump amid a chip market downturn. As the company’s top line is expected to remain under pressure in the near term, should you buy, sell or hold this chipmaking giant? Keep reading.

StockNews.com

Andhra Pradesh: Chief Minister Jagan Mohan Reddy releases financial assistance under Videshi Vidya Deevena

AP govt releases ₹45.53cr for 357 students to pursue higher education abroad. CM Jagan Mohan Reddy says scheme will help aspirants become global leaders. Fees up to ₹1.25cr for SC, ST, BC & minority students; up to ₹1cr for EBC students. Fees for MBA & MS courses range from ₹61L…

The Hindu

Chinese Battery Material Supplier Expands in South Korea

Ningbo Ronbay New Energy wins clearance to more than triple its South Korean production capacity

Caixin Global

Government decides to retain fee structure in self-financing engineering colleges

Rejects demand raised by a section of college managements for hike in annual tuition fees

The Hindu

FGG seeks details of investment made and jobs created in TS

FGG seeks details of investments made and jobs created in TS

The Hindu

Which Tech Stock Is Gaining the Most Attention: Advanced Micro Devices (AMD) or Nikon (NINOY)?

As the tech industry’s long-term forecast looks promising, let’s focus on a comparative analysis of Advanced Micro Devices (AMD) and Nikon Corporation (NINOY) to identify which of these is the better investment now. Read on….

StockNews.com

PM Modi to visit Gujarat on July 27-28, inaugurate Hirasar airport in Rajkot

Prime Minister Narendra Modi will dedicate the Hirasar greenfield airport to the nation on July 27 before addressing a public rally in Rajkot city, Collector Prabhav Joshi said.

The Hindu

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The Hindu

Semiconductor tech: What exactly is India going to manufacture?

Legacy semiconductor nodes are still in demand for certain applications, and India is wise to focus on them as it plans to begin its fabrication journey with nodes of 28 nm and higher.

The Hindu

India will have huge leverage in bargaining dynamics with big tech: Australian MP Paul Fletcher

In a boost to the Digital India Act, Australian MP Paul Fletcher on July 18 said that India would have an edge over tech giants in “bargaining dynamics” if a legislation governing revenue-sharing between social media platforms and news publishers is brought in place, said Australian MP Paul Fletcher.

Tribune News Service

Chip leaders head to Washington to lobby for China rules relief

WASHINGTON — America’s largest semiconductor companies are embarking on a last-ditch effort to head off new curbs on their sales to China, with senior executives traveling to Washington next week for talks with administration officials and lawmakers.

The Hindu

ED seizes ₹3.94 crore linked to Pigeon Education Technology India

The Enforcement Directorate has seized ₹3.94 crore in the case related to Pigeon Education Technology India Private Limited under the Foreign Exchange Management Act. The agency had earlier seized ₹8.31 crore in the same case taking the total amount seized to ₹12.25 crore.

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StockNews.com

Taiwan Semiconductor Manufacturing (TSM) vs. Power Integrations (POWI): Which Chip Stock Is Worth Buying This Week?

With extensive usage of chips in various end-use applications, technological advancements, and favorable government initiatives, the semiconductor industry’s long-term outlook appears bright. So, let’s compare prominent semiconductor stocks Taiwan Semiconductor Manufacturing (TSM) and Power Integrations (POWI) to determine the better buy this week. Read on to know more….

The Times of India

Foxconn-Vedanta chip deal off: Friendly fight between Congress’s Jairam Ramesh and BJP’s Amit Malviya

NEW DELHI: Unlike on previous occasions, a friendly fight took place between Congress communication chief Jairam Ramesh and BJP information technology head Amit Malviya over Taiwan-based Foxconn withdrawing from India's semiconductor joint venture with Vedanta on July 10.

The Independent UK

Chip maker Foxconn exits a semiconductor joint venture with Indian mining company Vedanta

Taiwan-based electronics giant Foxconn is backing out of a $19.5 billion semiconductor joint venture with Indian mining conglomerate Vedanta Ltd

Bangkok Post

Foxconn exits $19.4bn chip deal in India

TAIPEI" Taiwanese electronics giant Foxconn withdrew from a $19.4 billion deal with India's Vedanta to make semiconductors in the South Asian nation owing to "challenging gaps", it announced Tuesday.

The Times of India

Senco Gold IPO: All you need to know

NEW DELHI: The Initial Public Offer (IPO) of Senco Gold Ltd, a leading jewellery retail player, has received a strong response from investors.

Bangkok Post

Samsung profit 'lowest in over 14 years'

SEOUL: Samsung Electronics' June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant's cash cow business despite a supply cut.

The Japan News/Yomiuri

Japan, EU to sign deal over semiconductors

Japan and the European Union will sign a memorandum to strengthen cooperation over semiconductors, focusing on the establishment of an early warning system that will allow them to share information promptly to avoid supply chain disruptions, according to Japanese government sources.

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