Wait and watch, FM tells industry on second wave
The Hindu
‘Govt. with industry in fighting COVID’
Assuring industry of ‘full government support’, Finance Minister Nirmala Sitharaman said India Inc. must ‘wait and watch’ as the second wave of COVID-19 plays out. She added that the PM’s address and new vaccination norms would add ‘a sense of reassurance’. “With all these steps, we should hope to see a positive change in the way the second wave of COVID-19 pandemic is moving,” she said in a meeting with the FICCI national executive. “I would request the industry to watch the next few days a bit more carefully, and then assess for yourself what this quarter is going to be like,” the minister added.
Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.











