The development comes against the backdrop of an intensifying US-China technology rivalry, where access to advanced semiconductors has become increasingly important for artificial intelligence, cloud computing and high-performance computing.
Breaking News
The Andhra Pradesh government has strongly defended its plans to develop Visakhapatnam as a major data-centre and digital infrastructure hub, dismissing concerns over the sector’s water requirements as misleading.
The National Company Law Tribunal (NCLT) will rehear bankruptcy petitions filed against SpiceJet by aircraft lessors after the airline reached a last-minute settlement with one of the lessors.
Tamil Nadu Chief Minister C Joseph Vijay has announced a new support package for all 234 members of the state Assembly, providing government vehicles along with monthly financial assistance for vehicle-related expenses and office support.
Global research and brokerage firm Bernstein has reshuffled its India model portfolio following the conclusion of the June-quarter earnings season, adding Eternal, Paytm and Adani Ports while removing Avenue Supermarts (DMart).
Indian equity markets remained under pressure on Wednesday, August 19, as weak global sentiment, elevated bond yields and geopolitical uncertainty weighed on investor confidence.
The Bihari Lal Engineering IPO is set to make its stock market debut on Wednesday, August 19, after attracting exceptionally strong demand from investors during its three-day subscription window.
India's vast agricultural and organic waste could emerge as a significant source of clean energy under the government's newly approved GOBARdhan scheme, which seeks to accelerate the production and adoption of compressed biogas (CBG).