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L&T Semiconductor aims to launch indigenous chips by 2026, reducing India’s tech dependency and ensuring strategic product retention.

L&T Semiconductor aims to launch indigenous chips by 2026, reducing India’s tech dependency and ensuring strategic product retention.

L&T Semiconductor Technologies, a fabless chip company, is gearing up to begin manufacturing its own semiconductor products within the next two years. CEO Sandeep Kumar announced that the company aims to set up chip manufacturing plants once it reaches revenue targets between USD 50 million and USD 1 billion. Currently, L&T is developing teams to ...

Market News

Congress Unveils Grand Promises for Haryana—Will These ‘Cure-All’ Solutions Really End a Decade of Pain?

The Haryana Congress unveiled its comprehensive election manifesto for the upcoming state polls, highlighting key promises including the establishment of a task force to tackle drug issues. Among other commitments, the party plans to create job opportunities for retired Agniveers, revitalize sports programs, and support farmers with debt relief initiatives. They pledge to double social ...

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Candytoy Corporate partners with Reliance Retail, expanding candy toy supply to 1,400 stores, poised for rapid growth and potential IPO.

Candytoy Corporate partners with Reliance Retail, expanding candy toy supply to 1,400 stores, poised for rapid growth and potential IPO.

Candytoy Corporate, a prominent manufacturer of candy toys based in Indore, has teamed up with Reliance Retail to supply confectionery toys across 1,400 of its stores. The partnership, recently initiated, aims to have at least 200 stores operational by Diwali, generating a revenue run rate of Rs 2 crore per month. The company specializes in ...

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Political Play: Udhayanidhi Stalin’s Deputy CM Rise Amid Controversy—Is Tamil Nadu Ready for His Sanathana Shuffle?

Udhayanidhi Stalin, the Sports Minister of Tamil Nadu, has been appointed as the state’s new Deputy Chief Minister. This move was expected since January but faced delays due to his controversial remarks about “Sanathana Dharma” and the impact of the Kallakurichi hooch tragedy, which resulted in 66 deaths. The postponements were also linked to preparations ...

Market News

Compass Group India aims to capture significant market share, planning to double its business in food services over the next three years.

Compass Group India aims to capture significant market share, planning to double its business in food services over the next three years.

Compass Group India is rapidly expanding its food service business in India, aiming to double its operations every three years. The company, recently acquiring ICS Foods, is focusing on sectors like manufacturing, education, and healthcare. With a goal to serve over two million meals daily and grow its presence to 600 client locations by 2027, ...

Market News

GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.

GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.

GE Aerospace is significantly increasing its sourcing of components from India, a rapidly growing aviation Market. With a manufacturing facility in Pune and additional operations in Bengaluru, the company currently works with 13 suppliers, including Tata Advanced Systems Ltd. Vikram Rai, CEO of GE Aerospace South Asia, noted that sourcing has surged by 20 times ...

Market News

Political Giants Mourn Yechury: Can Unity Survive Amidst a Divided India?

Leaders from the INDIA bloc, spanning various ages and ideologies, gathered to honor Sitaram Yechury, a cherished figure in Indian politics, during a condolence meeting. Rahul Gandhi, along with notable leaders like Mallikarjun Kharge and Farooq Abdullah, shared heartfelt memories, describing Yechury as a personal friend and a unifying force among diverse political groups. They ...

Market News

Deloitte India aims for explosive growth, targeting  billion by 2030, fueled by remarkable advancements and a booming workforce.

Deloitte India aims for explosive growth, targeting $5 billion by 2030, fueled by remarkable advancements and a booming workforce.

Deloitte India is aiming for significant growth, targeting $5 billion in revenue by 2030, up from the current Rs 10,000 crore. In the fiscal year 2023-24, the firm reported a 30 percent increase in revenue and contributed 10 percent to global revenue growth and 70 percent to the Asia Pacific region’s growth. South Asia CEO ...

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