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After World War II, nuclear physicist Homi Bhabha had once imagined returning to the great universities of Europe or America. After all, they had the best intellectual atmosphere. But somewhere along the way, he got seduced by the idea of...
States have become the architects of India’s EV transition
RIL has reported a 22.40% YoY fall in its profit as its retail unit remained under stress. The IT sector showed some weakness with TCS’ profit falling 2.7%, revenue growing 2.2% QoQ. Infosys logged an 8.6% drop in profit, has lowered its...
Ransomware group World Leaks has posted on the dark web a huge cache of files related to India’s largest nuclear plant, Kudankulam Nuclear Power Plant in Tamil Nadu. The leak includes purported blueprints of parts of facilities and supplier...
India and Britain’s comprehensive trade pact is now in effect, cutting tariffs on thousands of goods and widening access for services firms and professionals in both markets. The India-UK comprehensive trade agreement gives Indian...
India’s retail inflation has breached the RBI’s target for the first time in 17 months, setting the stage for interest rate hikes. The consumer price index rose to 4.38% YoY in June, led by higher fuel and food costs. The RBI targets inflation at...
The cabinet has approved the expansion of a key semiconductor programme with fresh capital of over $13bn, which will be deployed to develop intellectual properties and chip designs, setting up more fab plants and boosting R&D. It also...
Dixon Technologies’ joint venture with Chinese smartphone maker Vivo Mobile has been approved. The joint venture will be owned 51% by Dixon and 49% by Vivo Mobile India. The venture will manufacture smartphones and other electronic devices...
Units established in the International Financial Services Centre in Gujarat’s GIFT City are now exempt from the licensing requirement under Section 11 for chartering foreign vessels for export and import cargo movement, and...
TCS has secured a multi-million contract from Swiss-Swedish industrial technology firm ABB to design and run the latter’s global network ecosystem as an AI-driven service and secure its infrastructure through cybersecurity offerings....