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Samsung, TSMC Consider Building Chip Factories in UAE: Report
TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion (roughly Rs. 8,35,311 crore). TSMC told Reuters it had no new investment plans to announce.
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Cabinet Approves Rs 76,220 Crore Vadhavan Port Project In Maharashtra
The Union Cabinet during a meeting chaired by Prime Minister Narendra Modi on Wednesday approved the setting up of a major port at Vadhavan near Dahanu in Maharashtra with an investment of Rs 76,220 crore that includes the cost of land acquisition.
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''Invested In A Plot...'': Man's Viral Tweet On Mutual Funds Vs Real Estate Triggers Debate
In his tweet, Mr Mall explained that he bought a plot of land 15 years ago, which he sold three years after buying.
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Assets Of Forest Officer Worth Over 2 Crore Attached In Money Laundering Case
Agricultural land, bank balances and fixed deposits worth more than Rs 2 crore of IFS officer Neeharika Singh have been provisionally attached under the anti-money laundering law in a probe linked to alleged investment fraud, the ED said.
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Karnataka Government Signs MoU With IBC to Set Up Rs. 8,000 Crore Recyclable Lithium-Ion Battery Plant
IBC and the government of Karnataka have signed a pact to set up a recyclable lithium-ion battery manufacturing plant. The project will involve an investment of Rs. 8,000 crore and IBC will establish the Li-ion battery manufacturing unit on a 100-acre parcel of land in the Bengaluru Rural district.
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Apple Supplier Foxconn Proposes to Set Up Rs 8,800 Crore Manufacturing Plant in Karnataka
Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka, the state's Large and Medium Industries Minister M B Patil said on Monday.
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Odisha to Get Rs. 30,000 Crore Semiconductor Unit Set Up by UK-Based Firm
A UK-based company is planning to set up a semiconductor fabrication unit in Odisha's Ganjam district with an investment of Rs. 30,000 crore in the first phase, officials said. The SRAM & MRAM Technologies and Projects India Pvt Limited, the Indian unit of UK-based SRAM & MRAM Group, had signed a memorandum of understanding (MoU) with the state gov...
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SFS Seeks 30 Acre Land in Karnataka to Set Up Rs. 250 Crore Mobile Components Manufacturing Unit
Mobile components manufacturer SFS, which is interested in setting up a unit by investing Rs 250 crore, has sought 30 acres of land in Belagavi from the state government. SFS is a manufacturer of mobile components for companies including Apple. The proposed unit is estimated to generate 500 direct jobs for technologists in the next three years.
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Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
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Jaguar Land Rover Announces GBP 15 Billion Investment in EVs to Catch Up With Rivals: Details
Jaguar Land Rover, owned by India's Tata Motors, announced on Wednesday that it will invest GBP 15 billion (roughly Rs. 1,23,200 crore) in electric vehicle technology. The carmaker also promised it would deliver a new electric Jaguar by 2025 — the firm has not launched any zero-emission vehicles since its well-received electric I-Pace in 2018.
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Centre Says "No Outsider Bought Land In Ladakh" Amid Statehood Demand
The government informed Rajya Sabha on Wednesday that neither any land has been bought by an outsider nor any outside company has invested in the union territory since 2019.
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BIF Calls for Robust Submarine Cable Systems, Proposes New Framework for Digitalisation, Innovation
Broadband India Forum (BIF) on Tuesday underlined the need to promote competition, innovation, and investment in the domain of submarine cable landing stations, as the industry body advocated for non-discriminatory and open access to all potential seekers of international connectivity.
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"No Goons, No Land Mafia" In UP: Yogi Adityanath To Investors In Mumbai
Uttar Pradesh CM Yogi Adityanath pitched his state as a safe investment destination and also interacted with prominent Bollywood personalities during his visit to Mumbai, where Maharashtra's Opposition parties targeted him over his roadshow.
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Airtel, Meta to Jointly Invest in Global Connectivity Infrastructure in India to Cater to Rising Demand
Airtel and Meta on Monday announced a collaboration to invest in telecom infrastructure for India to cater to the increasing demand in the country for high-speed internet and digital services. The telecoms provider will partner with Meta and Saudi Telecom Company to extend 2Africa Pearls, the world's longest subsea cable system, to India.
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A Nitin Gadkari Letter To Tatas Emerges Amid Maharashtra-Gujarat Row Over Projects
Union Minister Nitin Gadkari has sought investments from the Tata Group in and around Nagpur, citing strengths like infrastructure, land availability and connectivity in his home state Maharashtra as two recent mega projects went to Gujarat.
-
Samsung, TSMC Consider Building Chip Factories in UAE: Report
TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion (roughly Rs. 8,35,311 crore). TSMC told Reuters it had no new investment plans to announce.
-
Cabinet Approves Rs 76,220 Crore Vadhavan Port Project In Maharashtra
The Union Cabinet during a meeting chaired by Prime Minister Narendra Modi on Wednesday approved the setting up of a major port at Vadhavan near Dahanu in Maharashtra with an investment of Rs 76,220 crore that includes the cost of land acquisition.
-
''Invested In A Plot...'': Man's Viral Tweet On Mutual Funds Vs Real Estate Triggers Debate
In his tweet, Mr Mall explained that he bought a plot of land 15 years ago, which he sold three years after buying.
-
Assets Of Forest Officer Worth Over 2 Crore Attached In Money Laundering Case
Agricultural land, bank balances and fixed deposits worth more than Rs 2 crore of IFS officer Neeharika Singh have been provisionally attached under the anti-money laundering law in a probe linked to alleged investment fraud, the ED said.
-
Karnataka Government Signs MoU With IBC to Set Up Rs. 8,000 Crore Recyclable Lithium-Ion Battery Plant
IBC and the government of Karnataka have signed a pact to set up a recyclable lithium-ion battery manufacturing plant. The project will involve an investment of Rs. 8,000 crore and IBC will establish the Li-ion battery manufacturing unit on a 100-acre parcel of land in the Bengaluru Rural district.
-
Apple Supplier Foxconn Proposes to Set Up Rs 8,800 Crore Manufacturing Plant in Karnataka
Foxconn, a major iPhone assembler for Apple, has proposed to set up a Rs 8,800 crore supplementary plant to that of the unit at Devanahalli Information Technology Investment Region (ITIR) in Karnataka, the state's Large and Medium Industries Minister M B Patil said on Monday.
-
Odisha to Get Rs. 30,000 Crore Semiconductor Unit Set Up by UK-Based Firm
A UK-based company is planning to set up a semiconductor fabrication unit in Odisha's Ganjam district with an investment of Rs. 30,000 crore in the first phase, officials said. The SRAM & MRAM Technologies and Projects India Pvt Limited, the Indian unit of UK-based SRAM & MRAM Group, had signed a memorandum of understanding (MoU) with the state gov...
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SFS Seeks 30 Acre Land in Karnataka to Set Up Rs. 250 Crore Mobile Components Manufacturing Unit
Mobile components manufacturer SFS, which is interested in setting up a unit by investing Rs 250 crore, has sought 30 acres of land in Belagavi from the state government. SFS is a manufacturer of mobile components for companies including Apple. The proposed unit is estimated to generate 500 direct jobs for technologists in the next three years.
-
Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
-
Jaguar Land Rover Announces GBP 15 Billion Investment in EVs to Catch Up With Rivals: Details
Jaguar Land Rover, owned by India's Tata Motors, announced on Wednesday that it will invest GBP 15 billion (roughly Rs. 1,23,200 crore) in electric vehicle technology. The carmaker also promised it would deliver a new electric Jaguar by 2025 — the firm has not launched any zero-emission vehicles since its well-received electric I-Pace in 2018.
-
Centre Says "No Outsider Bought Land In Ladakh" Amid Statehood Demand
The government informed Rajya Sabha on Wednesday that neither any land has been bought by an outsider nor any outside company has invested in the union territory since 2019.
-
BIF Calls for Robust Submarine Cable Systems, Proposes New Framework for Digitalisation, Innovation
Broadband India Forum (BIF) on Tuesday underlined the need to promote competition, innovation, and investment in the domain of submarine cable landing stations, as the industry body advocated for non-discriminatory and open access to all potential seekers of international connectivity.
-
"No Goons, No Land Mafia" In UP: Yogi Adityanath To Investors In Mumbai
Uttar Pradesh CM Yogi Adityanath pitched his state as a safe investment destination and also interacted with prominent Bollywood personalities during his visit to Mumbai, where Maharashtra's Opposition parties targeted him over his roadshow.
-
Airtel, Meta to Jointly Invest in Global Connectivity Infrastructure in India to Cater to Rising Demand
Airtel and Meta on Monday announced a collaboration to invest in telecom infrastructure for India to cater to the increasing demand in the country for high-speed internet and digital services. The telecoms provider will partner with Meta and Saudi Telecom Company to extend 2Africa Pearls, the world's longest subsea cable system, to India.
-
A Nitin Gadkari Letter To Tatas Emerges Amid Maharashtra-Gujarat Row Over Projects
Union Minister Nitin Gadkari has sought investments from the Tata Group in and around Nagpur, citing strengths like infrastructure, land availability and connectivity in his home state Maharashtra as two recent mega projects went to Gujarat.
