 "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 ...
 "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 ...
 "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, ...
 "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 ...
 "Deloitte India aims for explosive growth, targeting 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 ...
 "In a bold strike, Israel eliminates Hezbollah’s leader Nasrallah, igniting Netanyahu’s vow for decisive retaliation against Iran’s threats.")
Israeli Prime Minister Benjamin Netanyahu has responded strongly to the killing of Hezbollah leader Hassan Nasrallah by the Israeli Defense Forces (IDF) in Beirut. He issued a warning to Iran, stating that any attacks on Israel will have serious consequences. Netanyahu described Nasrallah as a key figure in Iran’s agenda against Israel, emphasizing that his ...
Mobile internet services in Assam will be suspended for eight hours on Sunday to ensure a smooth process for the Grade III recruitment written exam. The suspension will take place from 8:30 AM to 4:30 PM, while voice calls and broadband services on fixed lines will remain unaffected. In other news, Indian football star Sunil ...
 "Russian Foreign Minister Lavrov backs India and Brazil for UN Security Council seats, criticizing Western powers and dismissing Zelenskyy’s peace efforts.")
Russian Foreign Minister Sergey Lavrov has voiced support for India and Brazil’s bid for permanent seats on the United Nations Security Council during a recent address at the UN General Assembly. He emphasized the importance of expanding representation from the Global South to create a fairer world order. Lavrov criticized the West for its over-representation ...
 "In a tense UN address, Russia warns of nuclear retaliation amid escalating Western support for Ukraine, igniting fears of confrontation.")
Russia’s Foreign Minister Sergey Lavrov recently warned against the dangers of attempting to defeat a nuclear power, in a speech at the UN General Assembly. He accused Western nations of using Ukraine to undermine Russia strategically, especially after President Putin hinted at a change in Russia’s nuclear stance. Lavrov emphasized that Russia may respond with ...
 "The Indian Consulate in New York disputes false claims about new restrictions on OCI cardholders, affirming existing rights remain unchanged.")
The Consulate General of India in New York has clarified that there are no new restrictions on Overseas Citizen of India (OCI) cardholders. Recent reports claiming otherwise are false, and the consulate reassures the Indian American community that the rights outlined in a March 4, 2021 notification remain unchanged. OCI cardholders enjoy many benefits, including ...
