Author: Starvision Desk

Bengaluru, July 10 (IANS) In a major setback to Prime Minister Narendra Modi’s plans of making India a chip-manufacturing hub, Taiwanese chip-making giant Foxconn on Monday announced that it has withdrawn from a joint venture with India-based industrial giant Vedanta. Foxconn was supposed to execute a $19.5 billion semiconductor joint venture with metals to oil conglomerate Vedanta.Foxconn and Vendanta had signed a MoU in 2022 to establish semiconductor and display production parts in Gujarat, the home state of PM Modi.”Foxconn has determined it will not move forward on the joint venture with Vedanta,” the company said in a statement, without…

Chief Minister N. Rangaswamy had announced Rs 300 monthly LPG subsidy for the people of the Union Territory and has announced an amount of Rs 126 crore for the same in the budget for the Union Territory presented for the financial year 2023-24. An amount of Rs 300 will be given as subsidy for red card holders below the poverty line and Rs 150 subsidy for yellow card holders below the poverty line. The government announced that an ordinance for the same has also been issued and will be into effect after its publication in gazette. The subsidy amount will…

The deceased has been identified as Rakesh Kumar Misra, a resident of Khanpur Extension who worked as an attendant at an MCD parking lot. The injured has been identified as Ashok Chand Misra (50), a resident of Mithapur.According to the police, an information was received on Sunday from local residents that a boundary wall on Mathura road in Sunder Nagar has collapsed due to heavy rains.“A police team reached the spot and hired a JCB which started remove the debris. Two injured persons were rescued and admitted to the hospital,” said a senior police officer.“Rakesh was declared brought dead at…

The Twitterati extracted the shots from the trailer and compared it with the previous films pointing to Atlee’s alleged inspirations.One user on Twitter posted the shots from ‘Jawan’ trailer next to the identical shots from films like ‘Aparichit’, ‘Baahubali’, the Salman Khan-starrer ‘Bodyguard’ and the Marvel series ‘Moon Knight’. The user wrote: “Your thoughts on Atlee getting inspiration from other movies for ‘Jawan’.”Another person on the Internet, put up a picture of the Prabhas-starrer upcoming film ‘Salaar’ as well alongside other pictures and jokes that ‘Jawan’ will have collective flavours of Korean, Bhojpuri and South Indian cinema.The user wrote: “Even…

In the 50kg category, Nikhil of Chandigarh ousted Roushan Kumar of Bihar in a hard-fought 4-1 victory. The fiercely-contested bout witnessed a show of immense determination and talent from both pugilists but it was Nikhil’s agility and attacking technique that gave him the edge over his opponent.Contrary to Nikhil’s result, Ronit (66kg) of Delhi hardly had to break a sweat as he defeated Anantha Krishna of Kerala by the referee stopping the contest (RSC) verdict in round 1.Having got off to a strong start, Ronit continued his momentum and utilised his strength to overpower his opponent to earn a quick…

Ishaan Preet Singh, Co-founder of FrontRow, confirmed to TechCrunch that the startup is winding up and is “exploring IP acquisition talks and possibility to return the unused capital to investors”. The startup had raised nearly $18 million, backed by Elevation Capital, Eight Roads Ventures, Lightspeed Venture Partners, and Not Boring Capital, among others. In August 2021, Raftaar invested an undisclosed amount in the FrontRow app, after the app had secured seed funding of $3.2 million from Padukone, Lightspeed Venture Partners, and Elevation Capital (formerly SAIF Partners). The non-academic skill development platform was founded by serial entrepreneurs Mikhil Raj, Shubhadit Sharma…

Both Foxconn and Vedanta have significant investments in India and are valued investors who are creating jobs and growth, said Union Minister of State for Electronics and IT Rajeev Chandrasekhar.“It was well known that both companies had no prior semiconductor experience or technology and were expected to source Fab tech from a tech partner,” he said in a tweet.While their JV VFSL had originally submitted a proposal for 28nm fab, “they could not source appropriate Tech partner for that proposal,” the minister informed.Earlier, the Taiwanese chip-making giant announced that it has withdrawn from a joint venture with India-based industrial giant…

A bench of Chief Justice D.Y. Chandrachud and Justices P.S. Narasimha directed that Lt Governor of Delhi will also be added as a party in the matter. “We issue notice. Make it returnable after two weeks. LG of Delhi be impleaded as a party respondent and let the plea be amended accordingly,” it said.The top court said that it will consider on July 17, the question of interim stay on ordinance as well as on LG’s decision to terminate over 400 consultants who were appointed by the Delhi government.On Monday, the Supreme Court declined to pass any interim relief in…

In a statement here, Majithia said Punjabis were shocked that the Chief Minister was engaged in celebrations and election tours of the neighbouring state of Haryana during the last few days instead of taking review meetings and making advance preparations to meet all eventualities.“There were advance warnings about the ongoing spell of incessant rain but the Chief Minister did not heed the same and remained busy in celebrations and serving the political interests of Arvind Kejriwal. This is why when rain waters started entering people’s houses, the Aam Aadmi Party (AAP) government was caught napping,” he said.“If people are suffering…

Budakoti was the central nodal officer for the rural civic body polls. As many as 39 persons have been killed in poll-related violence since the announcement of the polling date on June 8.The directive of the division bench of Chief Justice T.S. Sivagnanam and Justice Hiranmay Bhattacharya seeking reports from both the BSF IG and the state government comes at a juncture when Budakoti has already accused the State Election Commission of non-cooperation in effective deployment and utilisation of central armed forces on the polling day.The BSF IG is also slated to submit a detailed report to the Union Home…