Twitter Inc., has announced it will acquire Indian mobile phone marketing start-up ZipDial as the U.S. microblogging service looks to expand in the world's second-biggest mobile market. The deal is said to be in the region of $30 million. One of the founders of ZipDial is California-born Valerie Wagoner who...
Two U.S. Consortiums to Set Up Wafer Fabrication Units
The Indian government has not only given its approval for the fabrication of high-tech semiconductor wafers, but has also extended several incentives to two business consortia – Jaiprakash Associates Limited in association with IBM as its technology partner, and HSMC Technologies India with the technical collaboration of ST Microelectronics who...
India to receive $8 billion semi-conductor fab investment
The EE Times reports that Indian Minister for Communication and Information Technology, Kapil Sibal announced major semiconductor investments. Two consortia have proposed to build semiconductor wafer fabrication units in India. One consortium comprises IBM, India's Jaiprakash Associates and Israel's Tower Jazz. The second comprises Hindustan Semiconductor Manufacturing Company (HSMC), ST...
Professional Hiring in Engineering, R&D and IT continues at rapid clip in India
The focus for captive R&D centers in India has gone up this year and expected to grow between 12-20 per cent in 2012 depending on the source of the estimate. The country is an emerging destination for automotive R&D; Renault- Nissan, Suzuki and , Honda have recently set up their...