This project involves an investment of â¹3,307 crore in Sanand, Gujarat. Its Chief Executive Officer RAGHU PANICKER, who will oversee the project, talks to Surajeet Das Gupta about their plan of action. Edited excerpts:
How prepared are you to set up your OSAT plant-the fifth in India that was cleared by the Cabinet on Monday?
We are in an advanced stage and have already acquired the land in Gujarat. We have signed agreements with three global customers: Singapore-based LightSpeed Photonics, a company in the US, and another in Taiwan. For these clients, we will handle assembly, testing, and packaging in India while they provide us with imported wafers. Our focus areas are power electronics and industrial applications.
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The Maverick Who Founded HBO
Charles Dolan, the pay-television pioneer who won the first cable-TV franchise in Manhattan, founded Home Box Office Inc. and later built Cablevision Systems Corp into the fifth-largest US cable company, has died. He was 98.
Antarctica, North Pole: India's elderly take to extreme travels
Travel among India's senior citizens has evolved over the years with tour agencies observing a rise in demand, especially post-pandemic for adventure and non-traditional international destinations.
Auction of 11 critical mineral blocks called off
The central government has annulled the auction of over half of the 21 critical mineral blocks offered in the fourth round of bidding, citing a poor response, according to a notification from the Ministry of Mines on the MSTC e-commerce portal.
Navi Mumbai Airport Set To Begin Commercial Ops In May 2025: AAHL
International operations to start by July next year; project expected to cost around â¹18,000 crore
Manmohan Singh's economic reforms of the 1990s
The acclaimed \"architect of India's economic reforms\" has gone, mourned by people across political parties and professions, not just economists, civil servants, and journalists.
First Mover Mantra
Why EV leader Tata Motors is thirsting for more competition despite losing market share
Build debt fund portfolio diversified across duration
Take limited exposure to longer-duration funds in coming year
Rely on rolling returns, not point-to-point data
\"Financial planning experts often argue that equity markets outperform fixed deposits over the long term. However, I can demonstrate that a 10-year investment in fixed deposits has delivered higher returns than equity markets,\" declared my friend Mitesh.
Markets Will Likely Take Cue From the Budget
The 2024-25 (FY25) October-December (Q3) quarter earnings are expected to mirror those of the second quarter (Q2), with key sectors grappling with a demand slowdown. The government's approach to the economic downturn and its priorities will become evident in the upcoming Budget, says JIMEET MODI, founder and chief executive officer of Samco Group. In an interview with Sundar Sethuraman, Modi suggests domestic markets will likely stay volatile in calendar year (CY) 2025, influenced by developments in the US markets, inflation concerns, recession risks, and interest rate decisions. Edited excerpts:
Gold, silver ETFs: Alchemists spinning wealth in 2024
Where investors find philosopher's stone, with â¹19,000 crore inflow in first 11 months of 2024
