How India’s $13 billion plan aims to boost self-reliance in chip production

IANS | September 9, 2026 2:06 PM

New Delhi, Sep 9 (IANS) India plans to invest $13 billion in the second phase of its semiconductor mission, as it seeks to build a domestic chip ecosystem covering design, manufacturing, assembly and testing. The aim is to reduce the country’s heavy dependence on imported chips while the surging domestic demand is expected to touch $200 billion by 2035, according to a new report.

Coforge chairman resigns amid board evaluation concerns; shares plunge over 8 pc

IANS | September 9, 2026 10:05 AM

New Delhi, Sep 9 (IANS) Shares of IT services provider Coforge tumbled more than 8 per cent on Wednesday in early trade after chairman and non-executive independent director O.P. Bhatt resigned with immediate effect following concerns identified in an internal audit review of the board evaluation process.

Adani Airports to raise Rs 9,825 crore from global investors to scale infrastructure

IANS | September 9, 2026 9:10 AM

Ahmedabad, Sep 9 (IANS) Adani Airport Holdings Limited (AAHL) on Wednesday announced to raise Rs 9,825 crore ($1 billion) of primary equity capital from a consortium of global investors, which represents one of the largest primary equity investments from financial institutions in India’s airport infrastructure sector.