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NEW DELHI : Micron Technology, Inc.’s India plant is set to begin construction within four to six weeks, as the Gujarat government has allocated land for the semiconductor factory, said communications and IT minister Ashwini Vaishnaw on Monday. The facility in Sanand, Gujarat, will be producing the first ‘Make in India’ chip, and production is expected to start by December 2024, he added. Micron, the American semiconductor packaging firm, will invest $825 million in India to set up the assembly and testing facility, it’s first factory here.

Shree Ram Proteins, Crayons Advertising, Shree Tirupati Balaji, among others, saw heavy and selling on July 3. According to NSE data, L7 Hitech Private Limited sold 20,00,000 shares of Shree Ram Proteins at an average price of ₹3.40. Vikasa Global Fund PCC - Eubilia Capital Partners Fund sold 1,50,000 shares of Crayons Advertising at an average price of ₹151.65, according to NSE block deal data.

Mint interviewed a few people about their experiences with buying agricultural land. Industry experts also weighed in on the factors to consider before such an investment. What to look out for? Shital Jain, a resident of Itarsi in Madhya Pradesh, is optimistic about investments in agricultural land, citing its higher potential for appreciation in value.

New Delhi: Lt Governor V K Saxena has terminated the services of around 400 'specialists' appointed by the AAP government in different departments, officials said on Monday, a decision that could trigger a fresh round of confrontation between the ruling party and the LG. They were engaged in a "non-transparent manner" and without the mandatory approvals of the competent authority, the LG office said in a statement while alleging several irregularities in the recruitment process.

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Money has been pouring into taxable accounts at a faster rate than 401(k)s and IRAs, a reversal of a long trend resulting from wealth being increasingly concentrated among older investors.

Motorola Mobility aims to be among the top three smartphone makers in India and globally in the next three years, growing sales four times over the same period, its president Sergio Buniac said. The handset maker is increasing its investments in India this year to double its sales and will also open its first camera lab within this quarter. “…we are investing a lot in the brand again, and you will see our investments increase significantly.

Bubs Australia says its key distributor in China is seeking to claw back more than $20 million from the troubled baby formula company as refund for ageing stock sitting unsold in its warehouses.

Non-bank lenders Victorian Mortgage Group, Pepper Money and Bluestone have some of the most delinquent mortgage books in Australia, with arrears over or near 5 per cent as rate rises exert further pressure on households.

Ramelius Resources, the operator of the Mount Magnet gold mine, is expanding with a buyout offer for Musgrave Minerals, which is developing a project in the same region in Western Australia.

ECM teams, warm up your engines. The IPO market may be creaking open after 18 months – depending on how Redox ends its first day of trading.

A new proposal from the Nasdaq would push the roughly 3,300 companies listed on its U.S. stock exchange to diversify their boards or face the possibility of being delisted.

Christmas may have come and gone but if Monday’s stock market gains are any guide, Santa Claus may still be around planning to deliver more returns to investors.

While retirement is often seen as a time to relax, travel, or maybe play some golf, that’s an unrealistic scenario for many because most workers 40 years and older aren’t saving nearly enough to meet their expectations once they retire, a new survey shows.

Editor's note: Below you'll find the week 118 release of the NYC Recovery Index, originally published December 6, 2022. Visit the NYC Recovery index homepage for the latest data.

Auction houses specializing in the sales of expensive art and collectibles registered record revenue this year, defying a global economic downturn as rebound from pandemic-era shutdowns.

As market values of technology startups have collapsed this year amid a venture capital drought, the declines have been exacerbated by laid-off Silicon Valley workers selling stakes in their former firms.

Ray Dalio, legendary investor and New York Times bestselling author, has some advice for investors for what could be a choppy year—and why diversifying your portfolio can reduce your risk by about 80%.

Billionaire Mark Cuban amassed his fortune in several ways: a savvy bet on the early internet, cryptocurrencies, and even owning a professional sports team. Yet after all that, he hasn't aspired to be king—until now. That's his role in Royal Runaway, his latest film set for release at the end of 2023. He plays Philippe, the top royal in the fictional European nation of Caminelle, where his son, Prince Alex, is in line for the throne. Instead, Alex, played by sports announcer Alex Day, flees to Long Island, applies for work at a winery, and falls in love with a woman who isn'taware of his past. «Mark Cuban is considered a bit of American royalty, so it's really fun to have him playing King Philippe in my latest holiday film,” said the film's writer and director, Candice Cain.

Three weeks after its release, Shonda Rhimes’ Queen Charlotte: A Bridgerton Story, is still reigning supreme as the number one show on Netflix.

The ongoing decline in mortgage rates helped send home loan applications higher last week, in what Mortgage Bankers Association (MBA) deputy chief economist Joel Kan called “a step in the right direction.”