 "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 ...
 "SEBI proposes streamlined application process for FPIs, reducing redundancy by auto-filling data to save time and effort.")
To simplify the application process for Foreign Portfolio Investors (FPIs), the Securities and Exchange Board of India (Sebi) has proposed a shortened Common Application Form (CAF). This new version will only ask for details unique to the applicant, while most other information will be auto-filled from existing records. Sebi aims to streamline the onboarding experience, ...
 "Tata Power’s patented self-regenerating transformer breather protects against moisture, enhancing transformer longevity and reducing maintenance.")
Tata Power Delhi Distribution Ltd has been awarded a 20-year patent for its innovative self-regenerating transformer breather, designed to safeguard transformers from moisture. This advanced technology enhances the lifespan of electric transformers by reducing the frequency of silica gel replacements, required only during scheduled maintenance every two years, compared to the conventional method that demands ...
 "Max Ventures divests 3.18% stake in Max Financial Services for ₹1,218 crore, reducing promoter shareholding dramatically amid market fluctuations.")
Max Ventures Investment Holdings, a promoter of Max Financial Services Ltd (MFSL), recently sold a 3.18 percent stake in the company for Rs 1,218 crore through an open Market transaction. This sale involved the disposal of 11 million shares at an average price of Rs 1,107.37 each. Following this transaction, the combined shareholding of the ...
Today’s Current Affairs: UK Takes Steps to Reduce Migration British Prime Minister Rishi Sunak recently posted a video outlining the measures taken to reduce migration in the UK. The country has implemented new rules, including barring foreign students from bringing their family members and cracking down on immigration that undercuts British workers. Mr. Sunak stated ...
