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Business News

Kaynes Technology Q1 Results: Net Profit Surges Exceeding Estimates

Kaynes Technology India Ltd (KTIL) announced on Friday, July 26, a remarkable 106.5 per cent year-on-year (YoY) increase in net profit, reaching INR 50.8 Crore for the first quarter ending June 30, 2024. This is a significant rise from the INR 24.6 Crore net profit recorded in the corresponding quarter of the previous year, according to the company's regulatory filing. The CNBC-TV18 poll had projected a profit of INR 48 Crore for the reviewed quarter.
By Entrepreneur Staff
Starting a Business

How Indian Startups are Etching Semicon Dreams

The growing focus of the Indian government on the semiconductor industry has led to a burgeoning number of semiconductor startups in the country, which are helping India realize its ambition of becoming a Semiconductor superpower
By Paromita Gupta
Business News

The Semiconductor ‘FOMO’

The current push to develop India into a semiconductor manufacturing hub through PLI and DLI schemes under the umbrella of India Semiconductor Mission (ISM) is a step in the right direction. However, the transition period for India to develop an end-to-end footprint in the semiconductor value chain will need a decade
By Shrabona Ghosh
Business News

T-Hub To Support Semiconductor Startups

The programme will support the entrepreneurs to find the challenges of scaling the startup through experts-led workshops, specialized mentorship, market access and investor and industry connections
By Teena Jose