Ola Electric to invest $100 million in gigafactory 3 min read Technology Ola Electric to invest $100 million in gigafactory xploreme June 29, 2024 IPO-bound Ola Electric plans to invest $100 million (about Rs 834 crore) in the first phase of...Read More
Heavy machinery manufacturer Autocracy Machinery raises pre-series A of Rs 6 crore led by VC Grid, VCats and others 2 min read Technology Heavy machinery manufacturer Autocracy Machinery raises pre-series A of Rs 6 crore led by VC Grid, VCats and others xploreme June 28, 2024 Autocracy Machinery, a manufacturer of trenching, turf and construction machinery, said it has raised a Rs 6...Read More
EV startup River, battery firm IBC to invest in rural Bengaluru district 1 min read Technology EV startup River, battery firm IBC to invest in rural Bengaluru district xploreme June 21, 2024 River, a Bengaluru-based electric vehicle startup, will invest Rs 400 crore at Hoskote in Bengaluru rural district....Read More
Ashwini Vaishnaw takes charge of IT ministry; promises focus on tech, manufacturing 1 min read Technology Ashwini Vaishnaw takes charge of IT ministry; promises focus on tech, manufacturing xploreme June 11, 2024 Union Minister Ashwini Vaishnaw on Tuesday said the government will push ahead with its tech-driven agenda of...Read More
FAME 3 rollout soon; Euler Motors fundraise 5 min read Technology FAME 3 rollout soon; Euler Motors fundraise xploreme May 29, 2024 The next edition of the electric vehicle incentive scheme is likely to be unveiled within months of...Read More
Govt asks Israel’s Tower to rework chip fab proposal 2 min read Technology Govt asks Israel’s Tower to rework chip fab proposal xploreme May 23, 2024 The government has asked Tower Semiconductor to rework its proposal for setting up a chip fabrication unit...Read More
AP fire-hit Foxlink back on track with a new Tamil Nadu plant 3 min read Technology AP fire-hit Foxlink back on track with a new Tamil Nadu plant xploreme May 17, 2024 Taiwan’s Foxlink, a supplier to Apple Inc., is building a plant in Oragadam, near Chennai, as part...Read More
Arm plans to launch AI chips in 2025: report 2 min read Technology Arm plans to launch AI chips in 2025: report xploreme May 13, 2024 SoftBank Group‘s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in...Read More
Vedanta completes acquisition of Japanese TFT, LCD maker AvanStrate 2 min read Technology Vedanta completes acquisition of Japanese TFT, LCD maker AvanStrate xploreme May 10, 2024 Mining major Vedanta on Friday announced the complete acquisition of Japanese thin-film-transistor and liquid-crystal display glass substrate...Read More
Wipro Infra Engineering’s hydraulics business acquires Canadian firm 3 min read Technology Wipro Infra Engineering’s hydraulics business acquires Canadian firm xploreme May 9, 2024 Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering (WIN), on Thursday said...Read More