Kaynes Semicon dispatches India's first commercial multi-chip module to US firm

IANS | October 17, 2025 9:06 PM

New Delhi, Oct 17 (IANS) Semiconductor solutions provider Kaynes Semicon’s OSAT facility in Sanand, Gujarat, has dispatched India’s first commercially packaged multi-chip module (MCM) to Alpha & Omega Semiconductor in California, delivering approximately 900 intelligent power modules, a report has said.

Nirmal Kumar Minda elected ASSOCHAM President, Amitabh Chaudhry to be Senior Vice-President

IANS | October 17, 2025 8:50 PM

New Delhi, Oct 17 (IANS) Uno Minda Group's Executive Chairman Nirmal Kumar Minda has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM), while Axis Bank Managing Director and chief executive officer (CEO) Amitabh Chaudhry has been elected as the new senior Vice-President of the apex industry chamber, a statement said on Friday.

India’s gold reserves soar past $100 billion mark for 1st time ever

IANS | October 17, 2025 7:24 PM

New Delhi, Oct 17 (IANS) India’s gold reserves, held by the RBI as part of the country’s foreign exchange reserves, have surpassed the $100 billion mark for the first time ever on the back of a sharp rise in the price of the precious metal and increased purchases by the central bank.