 "Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.")
Cognizant, a leading global technology firm, is set to open a new techfin centre in Gujarat International Finance Tec-City (GIFT City) in February 2025. This strategic hub will initially support 500 associates, with plans to increase its workforce to 2,000 within three years. The centre will focus on delivering advanced technology solutions for clients in ...
 "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 ...
The 21st Annual Conference of the Commonwealth Parliamentary Association began in Aizawl, Mizoram, on September 27, 2024, inaugurated by Lok Sabha Speaker Om Birla. In a significant cultural milestone, the Nocte and Tutsa tribes of Arunachal Pradesh celebrated their annual millet harvesting festival, Ronghuan, together for the first time. On World Tourism Day, Arunachal Pradesh ...
 "Tata Electronics partners with Taiwan’s PSMC to launch India’s first semiconductor Fab, transforming the nation’s tech landscape and job market.")
Tata Electronics, a subsidiary of Tata Sons, has announced a significant partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India’s first semiconductor facility in Dholera, Gujarat. This venture will involve a massive investment of up to Rs 91,000 crore and aims to generate over 20,000 direct and indirect jobs. The facility is set ...
 "Nothing’s Ear (Open) earbuds launch today, featuring a sleek design, advanced audio tech, and cutting-edge AI integration for enhanced connectivity.")
British tech startup Nothing is set to launch its latest product, the Nothing Ear (Open), on September 24, 2024. Leaked images reveal a sleek, open-ear design with white earbuds featuring a curved band for a comfortable fit. Expected to include 14.2mm titanium-coated drivers and a unique “Bass Enhance” algorithm, these earbuds promise an immersive audio ...
Chennai’s Chief Minister MK Stalin recently launched two Neo Tidel parks in Thanjavur and Salem, designed to foster IT job growth in smaller cities. Each park spans 55,000 square feet and can accommodate around 1,000 seats. The Salem facility, costing Rs 29.5 crore, has already secured 70% of its space, while Thanjavur has commitments for ...
At a recent tech roundtable in New York, leading Silicon Valley CEOs, including Google CEO Sundar Pichai and Nvidia CEO Jensen Huang, praised Indian Prime Minister Narendra Modi for his efforts to utilize technology for the country’s development. Pichai highlighted India’s digital transformation and emphasized the opportunities for artificial intelligence in sectors like healthcare, education, ...
 "In a dramatic meeting, PM Modi urged top tech CEOs to innovate in India, strengthening global partnerships and technological ambitions.")
During his recent three-day visit to the U.S., Prime Minister Narendra Modi engaged with 15 top tech CEOs in New York, emphasizing India’s potential for technology collaboration. He urged these leaders to co-develop innovative solutions in India, highlighting the country’s growing status as a global tech hub. Prominent figures from major companies, such as Google ...
 "Corning accelerates growth in India with major investments in mobile tech and life sciences, marking a bullish future.")
Corning is optimistic about its growth in India, focusing on mobile consumer electronics and life sciences. Currently, its automotive and optical fiber sectors generate the most revenue. The company, originally known for glass covers for light bulbs, has diversified into various glass technologies. To strengthen its presence, Corning plans to invest over Rs 1,000 crore ...
 "Tech giants’ market cap surges amid Nifty IT Index’s critical breakout phase, posing risks and opportunities for traders.")
The Nifty IT Index is currently trading between 41,800 and 43,000, a crucial range for traders to watch. A rise above 43,000 may spark bullish momentum, allowing for potential gains, while a drop below 41,800 could lead to a Market correction. Meanwhile, the Nifty Auto Index is at a critical support level of 25,150; a ...
