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Cabinet okays 2 semiconductor units worth Rs 3,936 crore; total approved projects under ISM rise to 12

The Union Cabinet has approved two new semiconductor manufacturing units with a combined investment of over Rs 3,936 crore under the India Semiconductor Mission (ISM).The projects include the country’s first commercial mini/micro-LED display facility based on Gallium Nitride (GaN) technology and a semiconductor packaging unit, Information and Broadcasting Minister Ashwini Vaishnaw said.The facilities will be…

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NSE IPO Moves Closer with ₹1,800 Crore Settlement Approved by Sebi | India Business News

MUMBAI: The long-drawn process for the listing of NSE, the country’s largest stock exchange by turnover and revenue, got a boost after a panel set up by markets regulator Sebi cleared the bourse’s settlement offer in long-pending issues popularly known as colocation and dark fibre cases. These cases, more than a decade old, related to…

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Ladakh bodies ask protesters to raise only approved slogans, not to cover face | India News

SRINAGAR: Leh Apex Body (LAB) and Kargil Democratic Alliance (KDA) issued a set of guidelines for protesters on Sunday, on the eve of a protest urging the Centre to resume dialogue on the demand for statehood for Ladakh and its inclusion under Sixth Schedule of the Constitution.The organisations have asked participants of the protest on…

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US Senate to employees: You can use only these three AI chatbots for official use; approved list misses Elon Musk’s Grok; read memo

Staffers in the US Senate have now been officially cleared to use only three AI chatbots for their work. The three chatbots allowed to use in the US Senate are OpenAI’s ChatGPT, Google Gemini and Microsoft Copilot. This decision of the US Senate was outlined in a memo sent by the Senate Sergeant at Arms’…

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Insolvency ruling: CoC cannot alter approved resolution plan or reallocate dissenting creditors’ funds, says NCLAT

The insolvency appellate tribunal NCLAT has ruled that the Committee of Creditors (CoC) cannot modify an approved resolution plan to reallocate funds meant for dissenting financial creditors, reaffirming limits on the exercise of commercial wisdom after a plan has been cleared, PTI reported.Dismissing an appeal filed by Bank of Baroda in the insolvency proceedings of…

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