Indian tech firms are looking beyond traditional hubs to set up shop in the US
American headhunters also say that cities like Austin and Seattle are becoming technology hubs.
Bharani Vaitheesvaran
Now, DMK exploring campaigning pact with Prashant Kishor’s I-PAC
A DMK lawmaker said the party has followed a robust, ‘time-tested’ practice of running key decisions by a core committee populated by senior leaders, so any decision on roping in a strategist will be put through the test.
Vikram lander debris: The engineer who cracked it for India
A 33-year-old avid space watcher from Chennai has received kudos for zeroing in on a piece of debris on the moon, which turned out to be the remains of India's most-watched outer space launch in recent times.
I was hooked to NASA's moon surface images for days: Chennai engineer who found lost Vikram Lander
NASA credited Shanmuga Subramanian for a tip-off that eventually led to the discovery of Vikram Lander.
EV firm Ather to set up vehicle, lithium-ion battery factory in Tamil Nadu
The investment to be committed by Ather would be Rs around Rs 635 crore and estimated to create 4300 jobs. A mail has been sent to Ather with queries about the period over which the investments would be committed.
Medall CEO Raju quits, Peepul Capital’s Ananth to take over
Ananth stressed that Medall would keep its focus on business continuity. Peepul Capital owns 80% stake in the firm.
Foxconn reopens Indian manufacturing unit as Asian smartphone demand grows
The contract manufacturer is expanding into Tamil Nadu even as it runs operations in Andhra Pradesh; 20,000 jobs likely to be created
ISRO launches CARTOSAT 3, US satellites into space
The launch will enhance India's ability in high-resolution imaging and also reinforce India as a global launch destination for small satellites using its workhorse rocket Polar Satellite Launch Vehicle. According to the ISRO 2018-19 annual report, the CARTOSAT 3 is a 3-axis agile satellite with a spatial resolution parameter of 0.25 m.
Many units in Nokia Telecom SEZ may reopen by March 2020
Last week, Finnish company Salcomp, acquired by Chinese firm Lingyi iTech, sealed a deal to buy the one million sq ft Nokia factory inside the SEZ. Salcomp had also recently purchased the 300,000 sq ft unit of Lite-on Mobile factory inside the special economic zone. Salcomp India managing director Sasikumar Gendham said most companies are adopting a “China Plus One” strategy.
Talking to credit rating agencies on risk assessment: Nirmala Sitharaman
Sitharaman said banks are going a churn in assessing risk in order to ensure their functioning is smoother. She underscored the need for banks to evaluate how much store is set by the ratings of the Credit Rating Agencies and urged financial institutions to ensure their internal assessments of credit risk also play a role.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon
