Made in India

September 23, 2024 2:07 AM

‘Made in India’ chips will run devices globally: PM Modi in New York

Prime Minister Narendra Modi addressed a large gathering of Indian Americans on the second day of his three-day visit to the United States, emphasizing India's ambition to become a global hub for semiconductor manufacturing. He said that 'Made in India' semiconductor chips will soon power devices around the world. "India is a launching pad for all sorts of technologies. We are not going to stop or slow down. Our goal is to have more devices worldwide running on Made in India chips," he said, un...

Paytm registers 25% growth in revenue at Rs 9,978 crore in 2023-24

Paytm, the leading fintech brand operated by One 97 Communications, has reported a 25% surge in revenue, reaching Rs 9,978 crore during the financial year 2023-24. The company attributed the growth to the increasing gross merchandise value (GMV), expansion of merchant devices, and the flourishing financial services distribution business. Paytm achieved EBITDA profitability before ESOP costs of Rs 559 crore for the first full year since its initial public offering (IPO). During the fourth quart...