Semiconductor equipment billings in Taiwan to double this year: SEMI

Taipei [Taiwan], September 9 (ANI): Semiconductor equipment billings in Taiwan are expected to double this year, as manufacturers in the industry are keen to expand production to meet strong global demand for artificial intelligence applications, which represents companies in the electronics manufacturing and design supply chain, as per a report by Focus Taiwan. Speaking at…

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Lachlan Murdoch secures control as Murdoch family reaches $3.3 billion deal to end succession battle

The Murdoch family’s decades-long succession feud has reached its dramatic conclusion, with Rupert Murdoch’s eldest son, Lachlan Murdoch, cementing his control over the family’s global media empire. The agreement, announced on Monday and valued at $3.3 billion, brings an end to years of legal wrangling and personal tensions that have gripped one of the world’s…

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Decarbonization not a trade-off with growth but a human responsibility, says Gentari CFO

Decarbonization is not just an economic agenda but a human responsibility, and not a trade-off with growth, Gentari India chief financial officer Sachin Bajaj said at the Mint Sustainability Summit in New Delhi, warning that recent cloudbursts and floods in Uttarakhand, Jammu & Kashmir, Himachal Pradesh and Punjab that have killed hundreds highlight the cost…

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India may open door for satcom firms to serve foreign markets

These are part of the draft rules under the new authorization regime for telecom, satellite operators, internet service providers, and others released by the department of telecommunications (DoT) on Monday for stakeholders’ feedback. The comments can be sent within 30 days after which final rules will be notified. The development assumes significance as allowing Indian…

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Quick commerce fuels one-third of India’s ₹9,800 crore online FMCG sales

Quick commerce sales for fast-moving consumer goods (FMCG) surged 80% year-on-year to ₹2,800 crore in the same period, according to data shared with Mint. E-commerce sales of FMCG rose 47% year-on-year. Despite the rapid growth, traditional mom-and-pop stores still dominate, accounting for 90% of FMCG volumes, with organized retail and online channels making up the…

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Ujjivan Small Finance Bank hopes RBI will decide on its universal licence by Dec

Mumbai: Ujjivan Small Finance Bank hopes the Reserve Bank of India (RBI) will decide on its application for a universal banking licence by December, its managing director and chief executive officer (CEO) Sanjeev Nautiyal said. The RBI issued small finance bank licences to 10 applicants, including Equitas Small Finance Bank Ltd, AU Small Finance Bank…

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