BENGALURU: Adani Group and Zoho Corp are both said to be backing off from their ambitious semiconductor projects, a setback to India’s plans to develop an indigenous chip manufacturing ecosystem. While Zoho founder Sridhar Vembu confirmed the move, the Adani news was reported by Reuters based on sources. Adani Group was in discussions with Israel’s…
Japanese consumers have historically steered clear of foreign rice. But facing high prices, they rushed last week to buy the first South Korean imports to Japan in decades, clearing the shelves within days, South Korean officials said. It was a relatively small amount, a little over two tons, compared with Japan’s overall shortage, but it…
A planned joint naval exercise between Pakistan and Sri Lanka in the strategically significant waters off Trincomalee was quietly shelved a few weeks ago after India raised objections with Colombo, multiple sources have told PTI. The proposed drills, which were part of the routine military engagements between the two countries, were called off following New…
NEW DELHI: Sales of smartwatches may be struggling, but luxury watches are seeing record demand, not just in the metro markets but also in tier-2 and tier-3 cities.Most luxury watch brands, whose prices start from a few lakh of rupees and top the crore mark, have seen sales in India grow substantially in 2024, although…