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INDIAN FOUNDRY BUSINESS
Andhra Pradesh's Naidu pitches state as semiconductor hub to global chipmakersAndhra Pradesh Chief Minister N Chandrababu Naidu is inviting global semiconductor firms to invest in the state. He highlighted Andhra Prad...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
Saurabh Mukherjea’s global strategy: How Marcellus is hunting compounder stocks across 4 multi-trillion dollar megatrendsSaurabh Mukherjea of Marcellus is avoiding AI giants like Nvidia, instead focusing on companies enabling AI's physical infrastructure. His ...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Tata Electronics' head of construction resigns; new exec hired: SourcesLast month, ET had reported that KC Ang had resigned from his role as president and head of Tata Semiconductor Manufacturing's (TSM), marki...
Axiro will scale fabless chip business in phases: CG Power chairmanAxiro Semiconductor, a CG Power subsidiary, is expanding its fabless chip business, initially targeting connectivity, satellite communicati...
ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
Tata Electronics appoints KC Ang as president and head of Tata Semiconductor ManufacturingTata Electronics has appointed KC Ang as President and Head of Tata Semiconductor Manufacturing. With over 30 years in the foundry industry...
Wipro partners with Intel Foundry for chip innovation techThis partnership between Wipro and Intel Foundry aims to address the rising demand for artificial intelligence (AI) chip manufacturing as c...
Accord announces volume production of new line of GNSS receiver IC's with GlobalFoundries
Budget 2023-24 will give boost to fund-starved sectors: MSME secretary Swain"The government has acknowledged the contribution of MSMEs to the economic growth of the country. Union Budget 2023-24 has given a boost to...
Bharat Forge's arm to acquire SEZ unit of Indo Shell Mould"This acquisition strengthens JS Auto's presence in the castings sector, expands the product offering and client base, and enhances its foo...
India-born Randhir Thakur to head newly created foundry business for IntelIndian origin leaders have been instrumental in transforming and leading some of the global technology giants in the recent years.
Yale university to fund sustainable health startup initiative in IndiaUp to 10 startups will be chosen per year, over a five-year period.
Foundry sector likely to grow by 13-14 per cent in two yearsThe foundry sector in the country is expected to witness an annual growth of 13-14 per cent from the present five-seven per cent, captains ...
- Foundry units line up fresh invesments worth Rs 600 crore in the east
The Indian foundry industry has lined up investments worth Rs 600 crore over the next few years as it expands and adapts environment-friend...
- Numeric Power sells UPS business to Legrand for Rs 837 crore
Chennai-based Numeric Power Systems on Monday sold its UPS systems business to France's Legrand Group for Rs 837 crore.
- Blackstone, Primus eye Hinduja Foundries pie
: Leading private equity firms - Blackstone and Primus Capital Partners - are in race to pick up a minority stake in Hinduja Foundries, ear...
- Metal mix: Hindujas plan to sell 10% in Ennore Foundries
The Hinduja Group is planning to sell close to 10% of its equity holding in its foundry business arm, Ennore Foundries (EFL), as part of it...