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BIZARRE: 26 - You Need To See This

Why PM Modi Wants India to Host the Olympics

India is no longer dreaming small. During his visit to the Netherlands, Prime Minister Narendra Modi revealed four ambitions that could completely reshape India’s future. From hosting the Olympics to building semiconductor chips inside the country, the message was clear India wants to become a global powerhouse. But what surprised…

MyLifeXP · May 17

PM Modi invites Dutch companies to design and innovate in India, points to incentives to boost manufacturing

Noting that manufacturing in India is now becoming very cost-effective and his government is offering incentives in several sectors to take it to the next level, Prime Minister Narendra Modi on Saturday urged companies in the Netherlands to design and innovate in India, saying "there could be no better time…

The Economic Times · May 16

Delhivery elevates six executives to C-suite roles amid expansion push

Logistics firm Delhivery has promoted six senior executives to C-suite positions. These appointments support the company's expansion across its business verticals. The move strengthens leadership as Delhivery scales operations. The company also announced new board appointments and a recent board member's departure. These changes reflect Delhivery's growth strategy and commitment…

The Economic Times · May 16

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TSMC's Japan unit fab swings to profit in Q1

The subsidiary of Taiwan Semiconductor Manufacturing Co (TSMC) in Kumamoto, Japan, turned a profit in the first quarter of this year, marking the first time the first fab of the unit become profitable since mass production started at the end of 2024, according to a report by Focus Taiwan.

The Economic Times · May 16

Tata Electronics, ASML join hands for semiconductor manufacturing in India

Tata Electronics and ASML are joining forces to establish chip manufacturing in India. This partnership will support Tata Electronics' new semiconductor Fab in Dholera, Gujarat. ASML's advanced lithography tools will be deployed. The collaboration aims to accelerate local talent training and build a resilient supply chain.

The Economic Times · May 16

PM Modi pushes deeper India-Netherlands collaboration in AI, chips and clean energy during The Hague visit

Prime Minister Narendra Modi urged stronger India-Netherlands ties in resilient supply chains and green hydrogen. He highlighted India's digital and tech progress. Modi spoke to the Indian diaspora in The Hague. Global challenges like pandemics and wars were noted. India is positioned as a key economic and tech partner. Discussions…

The Economic Times · May 16

Modi in Netherlands: One firm holds the key to India's chip ambition

Prime Minister Modi's visit to the Netherlands highlights India's critical reliance on ASML, the sole provider of advanced lithography machines, for its ambitious semiconductor manufacturing goals. This Dutch company's technology is indispensable for India's multi-billion-dollar chip project, underscoring ASML's pivotal role in India's pursuit of silicon sovereignty amidst global tech…

The Economic Times · May 16

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Comm min plans to bring its regional offices in Mumbai under one roof to improve efficiency

The Union Commerce Ministry is planning to bring its various regional offices in Mumbai under one roof. This move aims to improve efficiency and cut administrative costs. The initiative will create a one-stop ecosystem for businesses. It will also simplify interactions for exporters, MSMEs, and startups. This consolidation will optimize…

The Economic Times · May 15

Samsung starts winding down chip production six days before planned 18-day strike — company enters 'emergency management mode,' daily losses could hit $2 billion

Samsung Electronics has reportedly begun throttling semiconductor output by cutting new wafer input and placing lithography, etching, and cleaning equipment on standby.

Tom’s Hardware · May 15

'Underground revolution underway in India': Anand Mahindra explains how thousands of MSMEs are quietly becoming world-class manufacturers

Anand Mahindra champions India's manufacturing strength, built quietly by workshops and medium-scale businesses. He stresses that future growth relies on these enterprises becoming world-class. Better roads, industrial parks, and simpler rules are crucial. This progress, seen in electronics and supply chains, mirrors China's early industrial rise. The real story unfolds…

The Economic Times · May 15

Bloodbath on K-Street! South Korea's Kospi crashes 6% after world-beating rally to 8,000

South Korea’s Kospi saw a violent reversal after briefly topping 8,000, crashing over 6% as tech stocks plunged and foreign investors dumped shares. Samsung Electronics’ steep fall amid an 18-day strike call intensified the rout, wiping out much of the index’s world-beating 2026 gains and dragging broader Asian markets lower.

The Economic Times · May 15

Why Tata Sons is facing pressure to go public | An explainer

Tata Sons is under pressure to list on the stock market. This comes from its shareholders and potential Reserve Bank of India rules. A board meeting of key trusts will discuss the implications. The company's future listing status remains a significant point of interest for investors and the public.

The Economic Times · May 15

Samsung shares crash 9% as labour strike raises fears of $20 billion profit hit

Samsung Electronics shares fell sharply on Friday as an escalating labour dispute and a looming 18-day strike raised fears of major disruption to chip production and deliveries. With JPMorgan estimating up to $21 billion in potential profit impact, investor anxiety has surged amid intensifying union demands and rising pressure on…

The Economic Times · May 15

Global Market: China chip rally sparks valuation bubble fears among investors

Chinese chip companies are seeing high stock valuations. This surge is fueled by China's drive for technological self-reliance. However, recent earnings reports have raised concerns about potential market bubbles. Investors are closely watching developments and the broader semiconductor market trends.

The Economic Times · May 15

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The Economic Times · May 14

Is your portfolio FII-proof? 7 stocks Jefferies says can defy the $53 billion foreign selloff

Foreign investors have divested $53 billion from Indian equities since late 2024, leading to underperformance against emerging markets. Domestic institutions have stepped in, becoming the dominant force and increasing their shareholding to a record 18.6%, effectively 'domesticating' the market and cushioning FII selling pressure on select stocks.

The Economic Times · May 14

MCX shares jump 9% in a week to hit a fresh record high; rally 166% in one year. What next?

Multi Commodity Exchange (MCX) shares surged over 3% to a record high, extending recent gains driven by strong Q4 results and rising gold and silver prices. The company reported a fourfold net profit increase and threefold revenue jump, boosting investor confidence despite market weakness. Analysts remain cautious, with one maintaining…

The Economic Times · May 13

From Rs 6 crore to Rs 350 crore: How a former Navy doctor built a supply chain enterprise

India's logistics sector is transforming as brands shift to e-commerce and quick commerce, demanding faster, more responsive supply chains. Prozo, founded by Dr. Ashvini Jakhar, addresses this by offering shared, tech-enabled warehousing, enabling brands to scale without heavy infrastructure investment. This model bridges the gap for both new-age brands and…

Tom’s Hardware · May 13

Samsung's critical union negotiations break down eight days before planned 18-day chip factory strike that's projected to cost $700 million per day — Korean PM calls emergency meeting as strike looms

South Korean Prime Minister Kim Min-seok responded by convening an emergency ministerial meeting.

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The Economic Times · May 13

Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?

Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged households to defer gold purchases and the government hiked import duties. The double blow has rattled sentiment, though analysts see no structural threat to India’s long-term gold…

The Economic Times · May 13

Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon Technologies

Markets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150. Several companies like Airtel, Tata Motors, and Dr Reddy's are in focus due to earnings reports and other news developments.

The Economic Times · May 12

Planing 500 delegations, outreach to 1,600 industry chambers to boost FTA utilisation: Piyush Goyal

India is launching ambitious plans to boost its use of free trade agreements. The commerce ministry will send 500 delegations abroad and train 1,000 people. This initiative aims to help Indian businesses increase exports and attract investments. The government is committed to supporting industry growth and achieving export targets.

The Economic Times · May 12

Digital sovereignty: Powering the vision of Viksit Bharat

India's digital advancements like UPI and Aadhaar are building economic and strategic sovereignty. The nation must now focus on digital and computational sovereignty, alongside selective capability building, to achieve its Viksit Bharat vision. Addressing fragmentation and fostering strategic collaborations are key to securing global leadership in the digital era.

The Economic Times · May 12

FII selling, weak Rupee create vicious cycle for Indian markets: Sandip Sabharwal

Foreign investors are fueling a currency-stock market spiral, despite resilient domestic earnings. Analyst Sandip Sabharwal highlights strong corporate results and steady SIP inflows as market anchors. While retail trading has cooled, patient investors can look forward to a rebound once global sentiment improves, with Indian Hotels identified as a promising…

The Economic Times · May 12

IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages say

The Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequential decline. Revenue also saw a year-on-year increase but a sequential dip. The company acknowledged the impact of the Iran-US war on its operations, particularly in…

The Economic Times · May 11

India's 3rd semiconductor plant to start in July, 4th facility to be up by Nov-Dec: Vaishnaw

India's semiconductor mission is gaining momentum. Two plants are operational, with two more set to begin production this July and later this year. The nation is also boosting data centers and AI manufacturing. This progress positions India to navigate global economic challenges and achieve sustained growth.

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