Coded Compliance: Govt is Eyeing ‘Law-to-code’ to AI-proof Data Law
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India to witness high memory chip prices for next 18 months: IESA President
Consumers are likely to witness high memory chip prices as no significant capacity addition is in the pipeline over the next 12-18 months, said Ashok Chandak, President, India Electronics and Semiconductor Association (IESA) on Wednesday.
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India plans Rs 1.5 trillion semiconductor push with 12-year support window for supply chain makers
The Centre is considering extending the second phase of the India Semiconductor Mission (ISM) to as long as 12 years, compared with the current five-year framework, senior government officials told Business Standard. The move is aimed at supporting companies involved in supplying raw materials and components to semiconductor fabrication and packaging units, which typically require longer gestation periods.
Karnataka invites fresh applications under startup grant program
Karnataka’s IT/BT department has reopened applications for its Elevate startup support program, offering grants up to Rs 50 lakh. This year, for the first time, four categories are running simultaneously, including Elevate Shakti for women-led ventures and Elevate Unnati for SC/ST founders, aiming for broader inclusivity across the state.
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AxisCades Aerospace keen to invest Rs 6,000 Crore: Karnataka Minister MB Patil
Bengaluru-based aerospace and defence company AxisCades Aerospace Infrastructure Private Limited is set to invest Rs 6,000 crore in Karnataka, Industries Minister MB Patil said.
According to the release, the minister shared the information after detailed discussions held with senior officials of the company at Khanija Bhavan on Wednesday.
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Karnataka Tourism Secretary Visits NMPA to Review Cruise Tourism Initiatives
Dr. Thrilok Chandra K. V., IAS, Secretary to the Government of Karnataka, Tourism Department, accompanied by Shri Darshan H.V., Deputy Commissioner, Dakshina Kannada, visited the New Mangalore Port Authority (NMPA) to assess and discuss strategies for bolstering cruise tourism initiatives and exploring future developmental prospects at the port. The dignitaries were formally received by Smt. S. Shanthi, Deputy Chairperson, NMPA, along with senior officers and employees of the port authority.
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We are partners of choice, Canadian envoy to Karnataka CM Siddaramaiah
Canada’s High Commissioner to India, Chris Cooter, met Chief Minister Siddaramaiah at the latter’s official residence, Cauvery, on Tuesday. Officials described the meeting as the Canadian High Commissioner’s first formal bilateral engagement with a southern Indian state.
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AxisCades Aerospace to invest Rs 6,000 crore to set up integrated manufacturing hub in Karnataka
Bengaluru-based aerospace and defence company AxisCades Aerospace Infrastructure Private Limited is set to invest Rs 6,000 crore in Karnataka in three phases to set up an integrated hub for manufacturing, testing, and maintenance in aerospace, defence, semiconductor, and Artificial Intelligence innovation sectors.
Deep-tech boom has taken K’taka startups past $300 bn mark: Priyank Kharge
The overall valuation of Karnataka-based startups has crossed more than $300 billion, even as venture capitalists, angel investors and other investors have turned their focus to deep-tech companies working in the space of semiconductors, biotechnology, and space tech, among others, Karnataka’s information technology minister Priyank Kharge said.
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