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According to the reports, both companies have provided information on their potential technology partners and the money for the chip fabrication units.

Gupta earned his engineering degree in electronics from Banaras Hindu University in 1983 before continuing on to the IIM Ahmedabad for his post-graduate management diploma in 1985.

According to a stock exchange filing, the facility is situated in the Ras Al Khaimah Economic Zone (RAKEZ).

Retailers may accelerate the development of their own Retail Media platforms with the aid of AdSpark, powered by LTIMindtree & Salesforce.

How SIP flows into mutual funds have grown

Spot gold was up 0.2% at $1,922.87 per ounce but was forecast to drop 0.8% on a weekly basis. Futures for U.S. gold increased 0.2% to $1,946.90.

Brent crude prices had fallen 33 cents, or 0.4%, to $89.59 per barrel, while U.S. West Texas Intermediate crude (WTI) futures had fallen 33 cents, or 0.4%, to $86.54.

Gupta brings over two decades of leadership and commercial experience from his previous roles at Procter & Gamble (P&G), including as the Managing Director of Australia and New Zealand

The investment was made through a subscription in EESL's equity share capital on a rights basis, with no change in Exide Industries' shareholding percentage

Early trading saw the U.S. dollar index, which compares the dollar to its main competitors, remain stable at 105.02, not far from the session's six-month high of 105.15.