Business

  NEW DELHI: Rs 5,551 crore of Chinese smartphone maker Xiaomi Technology India has been seized by the Enforcement Directorate (ED), the agency said on Saturday. The action has been taken under the provisions of the Foreign Exchange Management Act (FEMA), 1999. A source in the ED said that Xiaomi India is a wholly-owned subsidiary […]

BENGALURU: SEMI, a leading global industry association of companies from the semiconductor, electronics design and manufacturing supply chain, and ELCINA, a leading association of electronics manufacturers in India, have agreed to join forces to promote the semiconductor and electronics industry. They also aim to majorly boost investments in India by supporting investors to garner benefits […]

  As India flagged off the country’s first Semicon, a three-day mega event in India’s Bengaluru to bring together heads of several semiconductor companies, The New Indian’s Executive Editor Rohan Dua caught up with All India Council For Technical Education (AICTE) chairman Prof Anil D Sahasrabudhe, who once served as Professor of Mechanical Engineering at […]

In the middle of frenzy over India’s first Semicon, a three-day mega event in India’s Bengaluru to bring together several semi-conductor companies and help them forge a network to tap into each other’s energy and harness talent in the growing chip industry, The New Indian’s Executive Editor caught up with Koo co-founder Aprameya Radhakrishna. While […]

NEW DELHI: In a major development, Indian Railways has decided to cancel 657 trips of passenger trains to speed up the movement of coal rakes to power plants to avoid a looming power crisis. The sizzling summer has driven the demand for coal, which is one of the key ingredients for the power industry. The […]