India took a decisive step forward in the global semiconductor race on Friday as Union Minister for Electronics and Information Technology Shri Ashwini Vaishnaw launched Qualcomm’s cutting-edge 2 nanometre (2nm) semiconductor chip in Bengaluru. The launch underscores India’s growing importance in advanced chip design and reinforces the country’s ambition to…
Tag: #StartupEcosystem
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PM-SETU to Upgrade 1,000 ITIs, Boost Startups
New Delhi: The Union Cabinet has approved the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, a major reform initiative aimed at modernising vocational education and strengthening India’s skilling ecosystem. The PM-SETU scheme seeks to enhance the quality, relevance, and industry alignment of training imparted through Industrial…
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SpaceX-xAI Merger: What It Means for Elon Musk’s Net Worth
Elon Musk has once again redrawn the contours of his corporate empire by announcing the merger of SpaceX with xAI, his fast-growing but capital-intensive artificial intelligence venture. The deal, valuing the combined entity at an estimated $1.25 trillion, marks one of the largest private-sector consolidations in recent history and places…
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Why ITC Is Avoiding Acquisition Rush in Premium Personal Care
As India’s premium personal care market witnesses a flurry of mergers and acquisitions, ITC Ltd is deliberately steering clear of the buying frenzy. While several fast-moving consumer goods (FMCG) companies are snapping up venture capital-backed, digital-first brands, ITC is choosing a slower and more selective path. The company believes that…
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44,000 Startups in 2025, Highest Since Startup India: PM
New Delhi: Prime Minister Narendra Modi on Friday said that nearly 44,000 startups were registered across India in 2025, marking the highest annual addition since the launch of the Startup India initiative a decade ago. Addressing a mega event commemorating 10 years of the flagship programme, the Prime Minister described…
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A Decade of Startup India: Driving Innovation & Growth
As India celebrates 10 years of the Startup India initiative, the country has firmly established itself as one of the world’s largest and most diverse startup ecosystems. With over 2 lakh DPIIT-recognised startups as of December 2025, India’s entrepreneurial landscape is transforming economic growth, job creation, and social inclusion nationwide….
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CCI Clears ChrysCapital-Led Acquisition of Nash Industries
The Competition Commission of India (CCI) has granted approval for the acquisition of a stake in Nash Industries (I) Private Limited by a consortium of private equity investors led by ChrysCapital Fund X, along with Two Infinity Partners and Blue Wave Investments Limited. The regulatory clearance marks a significant development…
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National Ayurveda Workshop Highlights Need for Global Standards
In a significant step towards strengthening the credibility and global acceptance of India’s traditional healthcare systems, the Bureau of Indian Standards (BIS) organized a national-level workshop on standardization in Ayurveda on January 9, 2026, at the TMA Pai Auditorium of the Manipal Academy of Higher Education (MAHE), Manipal. The workshop…
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Startup IPO Boom: New-Age Firms Plan ₹50,000 Cr Listings in 2026
India’s new-age startup ecosystem is preparing for another blockbuster year in the capital markets, with consumer internet and technology companies planning initial public offerings worth nearly ₹50,000 crore in 2026. The IPO pipeline is already crowded, signalling sustained confidence in India’s digital economy after a strong listing cycle last year….
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DSIR Relaxes Norms for Deep-Tech Startups on 42nd Foundation Day
In a major boost to India’s deep-tech startup ecosystem, the Government of India has announced a key relaxation in eligibility norms for recognition under the Department of Scientific and Industrial Research (DSIR). The announcement was made on Saturday during the 42nd Foundation Day celebrations of DSIR, marking a decisive policy…