Author: News Desk

India is officially stepping into the semiconductor era with the announcement that the country’s first Made-in-India chip will be produced at CG Semi’s new OSAT (Outsourced Semiconductor Assembly and Testing) pilot facility in Sanand, Gujarat. The news was confirmed by Union Electronics & IT Minister Ashwini Vaishnaw at the inauguration ceremony on August 28. “This pilot line (G1 facility) will produce 0.5 million chips per day, and our first Made-in-India chip will come from here,” Vaishnaw said. The chips will initially serve sectors like automotive, consumer electronics, microcontrollers, and industrial applications. The G1 pilot line is a key step toward…

Japan’s top trade negotiator, Ryosei Akazawa, abruptly cancelled a planned visit to the United States on Thursday. The trip was meant to finalise a $550 billion investment package aimed at easing US tariffs on Japanese imports. The sudden cancellation has cast uncertainty over the timeline for the deal’s completion. Purpose of the VisitAkazawa was scheduled to meet US officials to confirm financial details of the investment, including how returns would be shared between the two countries, according to Reuters. US Commerce Secretary Howard Lutnick had hinted at a possible announcement this week regarding the package. Administrative Hurdles CitedA spokesperson for…

The Adani Group has posted record earnings for the first quarter of FY26, with its portfolio companies achieving a combined EBITDA of ₹23,793 crore. On a trailing twelve-month (TTM) basis, EBITDA rose 10% year-on-year to ₹90,572 crore. This marks the first time the group has crossed the ₹90,000 crore mark in TTM EBITDA, reflecting strong growth across its infrastructure and energy businesses. Airports and Green Energy Drive GrowthThe surge in earnings was largely fueled by key businesses such as airports under Adani Enterprises, as well as Adani Green Energy, Adani Energy Solutions, and Adani Ports & SEZ. Core infrastructure units,…

Mahindra Aerostructures has secured a major contract from Airbus to manufacture and assemble the main fuselage of the H125 light single-engine helicopter in India. Under the agreement, the Bengaluru-based plant of Mahindra Aerostructures (MASPL) will handle production of the helicopter’s main fuselage. MASPL stated that work on this important contract will start immediately, with the first fuselage expected to be delivered by 2027. Anish Shah, Group CEO and MD of Mahindra Group, said the partnership reflects both companies’ commitment to India’s aerospace sector. “We are delighted to work with Airbus on its ‘Make in India’ plans. This contract strengthens our…

Squadron Leader Priya Sharma has etched her name into Indian Air Force history. In August 2025, she flew in formation with Air Chief Marshal Amar Preet Singh during the farewell sortie of the MiG-21 at Nal Air Force Station, Bikaner. For Sharma, this was more than a symbolic flight. Commissioned in December 2018 as the IAF’s seventh woman fighter pilot, she had once dreamt of flying the MiG-21. That dream came full circle as she shared the skies with the Air Chief during the jet’s final chapter. A B.Tech graduate from IIIT-Kota and trained at the Air Force Academy in…

India is preparing to finalize a landmark $1 billion contract with GE Aerospace for 113 GE-404 engines, a move that will power the next wave of Light Combat Aircraft (LCA) Mk1A fighters. Defence officials say the deal should be inked by September 2025, cementing a vital supply line for Hindustan Aeronautics Limited (HAL). This order comes on top of HAL’s earlier contract for 99 engines, covering the first batch of 83 jets. Together, the two deals will fulfill HAL’s total requirement of 212 engines, supporting the production of 180 LCAs cleared by the government under a ₹62,000 crore procurement plan.…

Allen Naliath, a Stanford computer science dropout, is the founder and CEO of Friday, an AI-powered email assistant. His company, part of Y Combinator, automatically manages Gmail emails, saving users from tedious daily tasks. Unlike most email competitors who focus on building clients, Friday aims to create a personal assistant within Gmail. “Hiring a personal assistant is expensive and inaccessible for most,” Allen explains. “Our goal is to make that capability available to everyone without leaving Gmail.” Security and Privacy Handling sensitive emails is a major concern. Allen emphasizes that Friday doesn’t store emails on its servers. Instead, it processes…

The Union Cabinet, led by Prime Minister Narendra Modi, has approved India’s bid to host the 2030 Commonwealth Games, selecting Ahmedabad as the proposed host city. The government highlighted the city’s world-class stadiums, advanced training facilities, and strong sporting culture as reasons for its selection. IOA Backing and Next Steps The Indian Olympic Association (IOA) had earlier cleared the proposal after an Expression of Interest was submitted in March. The bid, which must be filed by August 31, is expected to be finalized by IOA within the next two days. The Commonwealth Sport General Assembly will announce the host city…

Responding to rising complaints about the arbitrary placement of toll plazas on national highways, the Ministry of Road Transport and Highways (MoRTH) has issued a new directive mandating stricter enforcement of toll policy rules. Key Distance Rules Restated The circular, shared with highway development agencies and concessionaires this week, reiterates two key norms: Although these rules have been part of the tolling framework for years, their implementation has often been inconsistent. Recent reports revealed toll booths operating too close to one another or within city peripheries, creating frustration for daily commuters. Exceptions Face Stricter Scrutiny MoRTH has clarified that any…

Microsoft India R&D has completed one of the largest recent office leasing deals in Hyderabad, securing 2.64 lakh square feet at Phoenix Centaurus in Gachibowli. The five-year lease, effective from July 2025, was finalized with managed workspace operator Table Space Technologies, according to documents obtained by Propstack. Details of the Lease The leased space covers the third and fourth floors of the building. Microsoft will pay a base rent of Rs 1.77 crore per month, which works out to Rs 67 per square foot. When common area maintenance, operating costs, capital expenses, and management fees are included, the total monthly…