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Norms governing semiconductor Design-Linked Incentive to be reviewed: MoS Chandrasekhar

According to a government release, the DLI scheme envisages financial incentives and design infrastructure support for 100 domestic companies, startups and MSMEs across development and deployment of semiconductor design for ICS, Chipsets, SoCs, and other devices over a period of 5years.

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ISMC Digital to invest $3 billion in chip-making unit in Karnataka

ISMC and Indian conglomerate Vedanta Ltd have applied for Prime Minister Narendra Modi's $10 billion incentive plan to push companies to set up semiconductor and display operations in India, the government's next big bet on electronics manufacturing.

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Uday Shankar and James Murdoch’s Bodhi Tree invests $600 million in Allen Career Institute

The Maheshwari family-owned Allen Career Institute is arguably India’s largest coaching institute, preparing students for entrance exams in multiple streams.

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Intel sharing will be our cybersecurity focus in 2022, says Cyware CTO

Cyware said several enterprise security teams and information sharing communities (ISACs and ISAOs) are using this feature to improve security collaboration while creating shared learnings for organisations and community-wide situational awareness.

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Global Cloud services market reaches $55.9 billion in Q1

The top three cloud service providers benefited from increased adoption and scale, collectively growing 42% year on year and accounting for 62% of global customer spend, according to market research firm Canalys.

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ED seizes Rs 5,500 crore of Xiaomi in FEMA case

Company being probed over alleged illegal royalty payments made to three foreign entities. Smartphone maker denies any wrongdoing, assures cooperation with authorities.

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As NFT prices drop, taxman could come knocking

The tax department is sure to question the sharp drop in the valuation of these virtual digital assets, tax experts said. The department would scrutinise NFT transactions on suspicion that some of the money may have been accepted in cash to reduce the tax outgo.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...