Rs 27,000 crore Assam semiconductor plant to be game-changer in India’s chip ecosystem

IANS | November 17, 2024 7:45 PM

New Delhi, Nov 17 (IANS) The development of a semiconductor unit in Morigaon, Assam, spearheaded by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) with an investment of Rs 27,000 crore is headed for completion in mid-2025, will be a game-changer for India’s semiconductor ecosystem, the Ministry of Electronics & IT said on Sunday.

FIIs to reduce selling in India towards year-end, fresh allocations to occur

IANS | November 16, 2024 5:01 PM

New Delhi, Nov 16 (IANS) After their heavy selling so far, it is expected that the foreign institutional investors (FIIs), will reduce their selling near the end of the calendar year and fresh allocations or significant investments are likely to occur once there is greater clarity regarding the US' incoming Donald Trump administration's policies, market experts said on Saturday.