State-linked organisations are advised to use a new laser-based immersion lithography machine with a resolution of 65 nanometres(nm) or better, the Ministry of Industry and Information Technology said in an announcement this month. Though the note doesn't specify the supplier, the spec marks a significant step up from the previous most-advanced indigenous equipment developed by Shanghai Micro Electronics Equipment Group (SMEE)- which stood at around 90nm.
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Global PE firms turn to India for Asia leadership
This comes amid slowdown in deal-making in China
GLOBAL INVESTOR CONSORTIUM LINES UP ₹2,100 CRORE INVESTMENT FOR SP GROUP
Engineering and construction major Shapoorji Pallonji group is gearing up to receive investments of over ₹2,100 crore from a consortium of global investors led by Deutsche Bank, according to sources.
Binance detaches self from liabilities after WazirX hack
Global cryptocurrency giant Binance has asserted that it never owned or controlled WazirX before or after the embattled Indian exchange was hacked in July that led to a security breach of more than $230 million.
Indian carriers soar on int'l routes but foreign rivals lead
Indian airlines are ramping up their international presence by adding more direct flights.
SC dismisses curative pleas by telcos against AGR dues
The Supreme Court has rejected curative petitions seeking a review of its 2019 judgment on adjusted gross revenues (AGR) payable by telecom firms.
Strong hybrid car sales take off in UP after tax waiver
Monthly sales of strong hybrid cars in Uttar Pradesh have more than doubled following the state government's decision to scrap the registration tax on such vehicles from July 5.
In export push, govt steps in to raise container capacity
Commerce Minister Piyush Goyal announces purchase of second-hand vessels
Govt asks EY India to explain position on CA's death
The Union labour ministry has asked EY India's management to appear before it and explain its position regarding the death of its 26-year-old employee, Anna Sebastian Perayil, a senior labour ministry official said.
Samsung India sues union over disruption
Electronics' India unit has sued members of a labour union that has led a strike for 11 days at its only Indian home appliances plant in Tamil Nadu, escalating tensions with its workers, legal papers show.
'Australia seemed like a natural-growth area for us'
RPSG group-owned business process management (BPM) firm Firstsource has announced its expansion into Australia and New Zealand. SANJIV GOENKA, chairman, RPSG, in an interview tells Ashutosh Mishra in New Delhi that this will open up avenues for the company and create jobs locally. He gives insights into the plans to increase margins for Firstsource in the next 30 months through organic and inorganic growth. Edited excerpts:
