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More wafer work

Financial Express Bengaluru

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September 03, 2025

India needs to move fast beyond the back end to become a full-stack semiconductor nation

NDIA'S SEMICONDUCTOR AMBITIONS took a big leap forward last week when CG Semi—a Murugappa Group subsidiary—announced that it would roll out the first Made-in-India chip by the end of the year.

The announcement came just days after the Union Cabinet approved four semiconductor projects, taking the total number of approved chip manufacturing facilities in India to 10, including the Tata Group's partnership with Taiwan's Powerchip Semiconductor Manufacturing Corp to make mature chips. The latest approvals push up the projected investments in semiconductor projects to about ₹1.6 lakh crore across six states. Many might, with some justification, argue that the investment and the ambition is just too small to make any significant impact, but at least it's a good beginning after decades of missed opportunities. It's also encouraging that the government is giving final shape to the second phase of the India Semiconductor Mission (ISM), with most of the fiscal support earmarked under the first phase already committed.

Financial Express Bengaluru से और कहानियाँ

Financial Express Bengaluru

After bird-poop complaints, monkey spotted at India Open badminton

A DAY AFTER a Danish player complained of bird-poop littering around the venue, a monkey sighting was reported at the Indira Gandhi Sports Complex hosting the India Open badminton Super 750 tournament.

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2 mins

January 15, 2026

Financial Express Bengaluru

From passive surveillance to real-time intelligence

AI IS MAKING SURVEILLANCE CAMERAS PROACTIVE, PRECISE AND POWERFUL

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1 mins

January 15, 2026

Financial Express Bengaluru

Bajaj Auto rolls out e-Chetak at ₹91,399

BAJAJ AUTO HAS launched an electric scooter, the Chetak C25, targeting the younger demographic at a price of %91,399.

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1 min

January 15, 2026

Financial Express Bengaluru

HDFC AMC Q3 profit grows 20% to ₹770 crore

Revenues for the nine-month period rose 18% to ₹3,068 cr from ₹2,597 cr

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1 min

January 15, 2026

Financial Express Bengaluru

China trade surplus hits record $1.2 trn in 2025

6.6% GAIN IN DECEMBER THE QUICKEST IN THREE MONTHS

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1 mins

January 15, 2026

Financial Express Bengaluru

Younger borrowers drive new credit growth: Report

Borrowers aged below 30 years more likely to default on a loan

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2 mins

January 15, 2026

Financial Express Bengaluru

Auto gears sector posts 6.8% growth in H1FY26

THE DOMESTIC AUTO component industry grew 6.8% year-on-year to $41.2 billion during the April-September period of FY26, according to industry body Automotive Component Manufacturers Association of India (ACMA).

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1 mins

January 15, 2026

Financial Express Bengaluru

Credit growth rises to 18-mth high of 14.5%

THE CREDIT GROWTH touched an 18-month high of 14.5% on year for the fortnight ended December 31, according to the data released by the Reserve Bank of India on Wednesday.

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1 min

January 15, 2026

Financial Express Bengaluru

Union Bank beats estimates, profit rises to ₹5,017 crore

80% decline in provisions boosts numbers

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2 mins

January 15, 2026

Financial Express Bengaluru

ICICI Prudential AMC posts 45% rise in PAT at ₹917 cr

ICICI PRUDENTIAL ASSET Management Company on Wednesday reported a 45% year-on-year jump in its profit after tax (PAT) at ₹917 crore for the quarter ended December, helped by robust domestic capital inflows in its first earnings since going public last month.

time to read

1 min

January 15, 2026

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