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India Inc is 'prepared for any scenario' on US tariffs, but they can't be permanent: CII chief Mukundan

Mumbai, Sept. 17 -- US tariffs on India cannot remain a permanent feature of trade with its largest export market, the Confederation of Indian Industry (CII) president Ramakrishnan Mukundan said in an... Read More


Netrasemi seeks government as customers for its indigenous chips

New Delhi/Mumbai, Sept. 17 -- India's semiconductor sector is reaching a critical phase, as startups like Netrasemi want the government to help them with commercialization, in addition to funding. The... Read More


US-based Cadence sees India chip-design demand rising as Tata Electronics' fab takes shape

New Delhi, Sept. 17 -- India's push to manufacture chips locally could give electronic design automation (EDA) companies a new source of growth, as more Indian chip designs move towards commercial tap... Read More


Thin margins, high costs: why discount brokers are upset over UPI fees

New Delhi, Sept. 17 -- Brokers worried about the new fee on UPI payments have moved the stock market regulator, fearing a body blow to discount brokers operating on wafer-thin margins to serve a growi... Read More


Divisions run deep as Tata Sons meets

New Delhi, Sept. 17 -- The Tata Sons board meets on Thursday with a clear split on the table- Noel Tata, representing majority shareholder Tata Trusts, against chairman N. Chandrasekaran and the board... Read More


UPI fee to boost banks' revenue, revive card, ATM biz

New Delhi, Sept. 17 -- The reintroduction of merchant discount rate (MDR) on select unified payments interface (UPI) transactions could bring a sizeable boost to banks' revenues, according to senior o... Read More


Zero-MDR gave banks no return on UPI merchant onboarding costs: Ex-DFS secretary M. Nagaraju

New Delhi, Sept. 17 -- Banks were incurring costs on merchant verification, QR deployment and support without receiving any return from larger merchants under the zero-merchant discount rate (MDR) reg... Read More


Indian chip startup Mindgrove Technologies eyes first revenues this fiscal year

New Delhi, Sept. 17 -- As India's annual chip conference kicks off, Mindgrove Technologies, a homegrown semiconductor design startup incubated at IIT Madras, expects to start generating revenue this f... Read More


Brokers push back against Sebi's proposed net worth rule

New Delhi, Sept. 17 -- Stockbrokers have approached the Securities and Exchange Board of India (Sebi) to object to a proposed rule that would require them to hold extra capital based on client money t... Read More


Festive smartphone sales face steepest decline in decade in wake of memory chip crisis

NEW DELHI, Sept. 17 -- Smartphones, the backbone of India's electronic goods industry, are expected to take the steepest sales hit in a decade during the festive season this year, when shopping reache... Read More