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BENGALURU -- India on Thursday approved its maiden semiconductor fabrication plant and two assembly units that will be developed jointly by local conglomerates and firms from Japan, Taiwan and Thailand, signaling that New Delhi's ambitious program to kick-start domestic chip manufacturing is gaining momentum after a sputtering start.
BENGALURU -- The Walt Disney Co. will merge its India unit with Mukesh Ambani's conglomerate Reliance Industries, as the Indian billionaire seeks to dominate the entertainment industry in the world's most populous nation.
BENGALURU -- Investors in Indian online education startup Byju's voted Friday in favor of ousting its founder and his family from the board, widening a rift between the two factions amid an acute cash crunch and mounting losses at a company that was once India's most valuable startup.