In the latest episode of ETMarkets Smart Talk, Sachin Shah, ED and Fund Manager at Emkay Investment Managers, shared his insights on India’s market outlook and sectoral opportunities. Despite a year of consolidation in the markets, Shah highlighted that domestic consumption and manufacturing are set to be the driving themes over the next five to … Read more
Two Indian manufacturers, Laser Power & Infra Ltd (LPIL) and Indo MIM Ltd, filed draft red herring prospectuses (DRHPs) with the markets regulator Securities and Exchange Board of India (Sebi), setting the stage for initial public offerings (IPOs) that together could raise over Rs 2,200 crore. The filings mark the latest wave of industrial and … Read more
Germany-headquartered Festo has inaugurated a state-of-the-art manufacturing plant in Hosur, Tamil Nadu, entailing investments to the tune of ₹500 crore. The plant will initially generate more than 1,000 direct and indirect employment opportunities. There are plans to scale operations and workforce in the coming years. The new plant will focus on the production of advanced … Read more
For the first time in history, we can explore the universe through a rich blend of senses—seeing, touching, and hearing astronomical data—in ways that deepen our understanding of space. While three-dimensional (3D) models are essential tools for scientific discovery and analysis, their potential extends far beyond the lab. Space can often feel distant and abstract, … Read more
Intel foundry. Image: Intel Intel has tentatively agreed to let Taiwan Semiconductor Manufacturing Company (TSMC) take over some of its chipmaking facilities, according to The Information. TSMC will hold a 20% stake in the joint venture, contributing not cash, but value through sharing its chipmaking practices and training Intel staff, according to anonymous sources cited … Read more
Intel foundry. Image: Intel Taiwan Semiconductor Manufacturing Company has offered a share in its proposed acquisition of Intel’s chip foundries to NVIDIA, Broadcom, and AMD, sources told Reuters. The Taiwanese chipmaker intends to oversee the operations of Intel’s fab division, but aims to retain less than 50% ownership and is seeking multiple partners for the … Read more
Image: Gage Skidmore U.S. President Donald Trump has called on Congress to “get rid of” the 2022 CHIPS and Science Act, arguing the semiconductor funding law funnels billions to foreign companies without meaningful returns for the U.S. Speaking during a joint address to Congress on March 4, Trump criticized the act’s $39 billion in semiconductor … Read more
Fire breaks out at incense sticks manufacturing unit A 54-year-old owner of an incense sticks making unit at Rasalapakkam village near Katpadi in Vellore escaped unhurt after fire broke out in the unit on Tuesday, resulting in thick smoke in the area. Police said that it was around 5 am when V. Mahalingam, owner, went … Read more
Chartered accountants V. Bhagyateja and Gopi Devarakonda at a meeting organised on the Union Budget in Tirupati on Sunday. PRSI president K. Srinivasa Rao and Secretary D. Chandramohan are seen. | Photo Credit: K.V. Poornachandra Kumar Speakers at the ‘Discussion on annual budget 2025’ organised by the Tirupati chapter of Public Relations Society of India … Read more
In fall 2024, NASA developed and tested a 3D-printed antenna to demonstrate a low-cost capability to communicate science data to Earth. The antenna, tested in flight using an atmospheric weather balloon, could open the door for using 3D printing as a cost-effective development solution for the ever-increasing number of science and exploration missions. For this … Read more