The Indian mining major Vedanta has inked an MoU with Taiwanese electronics manufacturing company, Hon Hai Technology Group (better known as Foxconn) to form a joint venture (JV) for manufacturing semiconductors in India.
The name of YES Asset Management has been rechristened as WhiteOak Capital Asset Management and therefore the name of YES Mutual Fund has been changed to WhiteOak Capital Mutual Fund.
The Indian Council of Medical Research has approved a test kit to detect the Omicron variant of the SARS-CoV-2 coronavirus. The kit is manufactured by Tata Medical & Diagnostics.
NITI Aayog has released a report titled 'Banking on Electric Vehicles in India', which outlines the need and importance of inclusion of Electric Vehicles in RBIs priority-sector lending guidelines.