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New Delhi, Apr 8 (PTI) Cyient Semiconductors on Wednesday said it has completed the acquisition of 74 per cent stake in US-based power semiconductor solutions provider Kinetic Technologies for USD 85 million. In a regulatory filing, the Hyderabad-headquartered company said Kinetic Technologies will continue to operate under its current leadership. "Cyient Semiconductors Singapore Pte Ltd, a wholly owned subsidiary of Cyient Semiconductors Private Limited, has successfully completed the acquisi ...Read More >
New Delhi: VerSe Innovation has appointed P R Ramesh as an independent director on its board and named him chair of the audit committee, as the company looks to strengthen governance ahead of its next phase of growth. VerSe is the parent company of Dailyhunt, Josh, Magzter and NexVerse.ai. The company said Ramesh is a chartered accountant with more than 40 years of experience in financial oversight, corporate governance, regulatory advisory and board leadership. He is the former chairman of De ...Read More >
PR Ramesh, former chairman of Deloitte India, has joined VerSe Innovation, the parent company of news platforms Dailyhunt and the short-video app Josh, as an independent director, the company said in a statement on Tuesday. Key Responsibilities at VerSe At VerSe, Ramesh will also head the audit committee and will be responsible for overseeing financial reporting, internal controls, risk management, regulatory compliance, and audit functions. Strong Industry Experience He brings extensive exp ...Read More >
HYDERABAD: Cyient Semiconductors, a wholly owned subsidiary of Cyient Ltd, is acquiring over 65% stake in San Jose headquartered power semiconductor player Kinetic Technologies for a total cash consideration of up to $93 million (approx. Rs 846 crore). The transaction, which is subject to customer closing conditions, is expected to be completed by April 30, 2026.Cyient Semiconductors Singapore Pte Ltd, which is a wholly owned subsidiary of Cyient Semiconductors Private Limited, has entered into ...Read More >
The Semi-Conductor Laboratory (SCL) in Mohali has identified Tata Semiconductor Manufacturing, Cyient Semiconductors and Applied Materials as the lowest bidders for the three key packages in the project to enhance the state-run chipmaker's wafer fabrication plant, people in the know told ET. The government hopes the Rs 4,500 crore modernisation work at the facility will make SCL a major player in India's semiconductor ecosystem. Electronics and information technology minister Ashwini Vaishnaw s ...Read More >
The Huddle was a two-day conclave featuring thought leaders from the world of politics, business, academics, sports and the arts. This conclave saw Sri Lanka's the then leader of Opposition, Mahinda Rajapaksa, politicians Jairam Ramesh, Arif Mohammed Khan, tennis player Sania Mirza, the then Home Minister Rajnath Singh, among other leaders and academics share their ideas. Photo: MURALI KUMAR K A Mixed Legacy: The many facets of Indira Gandhi : Srinath Raghavan, Academic & Author, Jairam Ramesh ...Read More >
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