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Cyient arm bids to upgrade SCL facility

Mint New Delhi

|

September 04, 2025

Months after separating its semiconductor business into a wholly-owned subsidiary, IT solutions provider Cyient Ltd is actively trying to win a major government project to upgrade the state-owned chip facility Semi-Conductor Laboratory (SCL) in Mohali.

- Jatin Grover

The firm's subsidiary Cyient Semiconductors submitted a proposal to the Centre offering advanced technology that can help SCL improve its existing capabilities and make more chips. "This improvement will exactly make it (SCL) suited for us to do chip tapeouts (from SCL). It's a good fit to general capabilities that we have and we require for applications like power management chips, automotive chips, and chips in wireless connectivity," Jan Crols, chief technology officer of Cyient Semiconductor, said.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

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H-1B fee hike spells gloom for Indian IT

Bigger firms may handle costs better, other sectors affected too

time to read

3 mins

September 22, 2025

Mint New Delhi

Mint New Delhi

Govt scans prices for profiteering as tax cuts kick in

As the biggest reform in India's goods and services taxes (GST) rolls out today, the Centre will be monitoring whether companies actually pass on the tax cuts or keep the gains to themselves.

time to read

3 mins

September 22, 2025

Mint New Delhi

Mint New Delhi

ChrysCapital to whip up a $200 million dessert storm

India-focused private equity firm ChrysCapital is sweetening its portfolio with a $200-million push into the desserts space, following last month's acquisition of patisserie chain Theobroma, two people familiar with the matter said on condition of anonymity.

time to read

2 mins

September 22, 2025

Mint New Delhi

Mint New Delhi

Why has Trump's H-1B fee spooked GCCs in India?

1 How big is India's GCC segment?

time to read

2 mins

September 22, 2025

Mint New Delhi

HOW CHINA PREPPED FOR THE TARIFF CRISIS

Chinese goods exports grew by 4.1% in year-on-year terms in August. It was the slowest rate in six months, and its worst performance since the US' Donald Trump administration imposed tariffs on almost all economies.

time to read

3 mins

September 22, 2025

Mint New Delhi

DATA RECAP: THE WEEK IN CHARTS

From the early impact of US tariffs on India's exports, modest growth in foodgrain production, women facing higher levels of unemployment, and the government looking to mobilize $1 billion in green finance-here is a compilation of this week's news in numbers, curated by Nandita Venkatesan.

time to read

2 mins

September 19, 2025

Mint New Delhi

Mint New Delhi

Sebi clears Adani of Hindenburg charge

The stock market regulator on Thursday cleared Adani Group and its top executives of allegations of bypassing related-party transaction rules levelled by Hindenburg Research, bringing the curtains down on an episode that has stretched out across 15 months.

time to read

3 mins

September 19, 2025

Mint New Delhi

The CEA's optimism

Could the recent thaw in India-US ties result in tariffs being lowered sharply on Indian exports?

time to read

1 min

September 19, 2025

Mint New Delhi

Mint New Delhi

Blackstone looks to buy Zelestra India

New Blackstone RE platform likely; JP Morgan running deal

time to read

2 mins

September 19, 2025

Mint New Delhi

Mint New Delhi

How junk feeds profits, starves young bodies

The food industry has trapped children into unhealthy diets, with calorie-dense ultra-processed food dominating shops and schools, Unicef warns in its report Feeding Profit: How Food Environments are Failing Children. Mint unpacks what's at stake for India and world.

time to read

2 mins

September 19, 2025

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