Articles for tag: Aiming, Chip, Electronics, Expands, fabs, Global, Indias, Manufacturing, Market, Pivotal, Role, Semiconductor, Tata

September 16, 2024

Tata Electronics expands India’s semiconductor manufacturing with new fabs, aiming for a pivotal role in the global chip market.

Tata Electronics is expanding its semiconductor manufacturing capabilities in India by building two new fabrication plants in Dholera, Gujarat. This move aims to strengthen the domestic chip ecosystem and meet the increasing global demand for semiconductors. The first fab is under construction and set to start production in 2026, focusing on essential chips for various ...

September 11, 2024

Market News

Business

The UK government grants £500 million to Tata Steel for decarbonization, securing jobs and a green future for Port Talbot.

The UK government has approved a significant 500 million pound grant to Tata Steel to support the decarbonisation of its operations in Britain. This funding will help install a modern electric arc furnace at Tata’s Port Talbot steelworks in Wales, part of a larger 1.25 billion pound green steel project. The agreement aims to preserve ...

September 10, 2024

Market News

Business

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...

September 8, 2024

Market News

Business

Tata Digital narrows losses; Bigbasket thrives with rising revenue, while Tata 1MG turns profitable amidst strategic restructuring.

In FY24, Bigbasket, India’s leading e-grocery platform, reported a revenue increase of 5.7%, reaching Rs 2,391.83 crore, compared to Rs 2,261.28 crore in FY23. The company also narrowed its losses to Rs 128 crore from Rs 215.21 crore the previous year. Tata Digital, the e-commerce division of Tata Sons, saw its losses shrink to Rs ...

September 7, 2024

Market News

Business

Tata Power’s Odisha Discoms award ₹11,481 crore in contracts, empowering local vendors and transforming the region’s economy.

Tata Power-led Odisha Discoms have made a significant investment by awarding contracts worth Rs 11,481 crore to local contractors and suppliers. Over the past three years, these contracts have focused on supporting local businesses, with Rs 8,690 crore going to micro, small, and medium enterprises (MSMEs) and Rs 2,791 crore to larger firms. The contracts ...

September 5, 2024

Market News

Business

Nykaa sues ex-CBO Gopal Asthana for breaching confidentiality, claiming he poached their employees for Tata Cliq, seeking compensation.

Nykaa, a leading beauty and fashion retailer, has filed a lawsuit against its former Chief Business Officer, Gopal Asthana, now with Tata Cliq. The company accuses him of breaching confidentiality and attempting to lure former employees to join Tata Cliq, where he currently serves as head. Nykaa is seeking a refund of nearly Rs 19 ...

September 1, 2024

Market News

Business

Tata Consumer Products Unites Subsidiaries to Streamline Operations and Enhance Efficiency

Tata Consumer Products Ltd (TCPL) has successfully merged its three wholly-owned subsidiaries—Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz Ltd—following approval from the National Company Law Tribunal (NCLT). This merger, effective September 1, 2024, aims to simplify and streamline the company’s operations, unlocking efficiencies and synergies. Despite the consolidation, TCPL will maintain ...

May 16, 2024

Market News

Business Current Affairs Today

Tata Nexon to Receive Panoramic Sunroof Soon | Current Affairs Question and Answers

Today’s Current Affairs: Tata Nexon to Receive Panoramic Sunroof In a surprising development, a video showcasing the Tata Nexon with a panoramic sunroof has surfaced online. The popular compact SUV is rumored to soon offer a dual-pane sunroof option, adding to its appeal. Currently, the Nexon comes with a single-pane electrically adjustable sunroof in the ...