Purbalee Dutta

Wipro founder and chairman Azim Premji has declined Karnataka Chief Minister Siddaramaiah’s request to open the company’s Sarjapur campus for public vehicular movement, citing legal and regulatory constraints. While acknowledging the city's severe traffic issues and appreciating the CM’s outreach to corporate leaders, Premji stated that the Sarjapur campus is a Special Economic Zone (SEZ) with strict access controls due to global service obligations. He noted that allowing public traffic through the campus could pose significant legal and governance challenges, as the property is privately owned and not meant for public access. Despite rejecting the proposal, Premji reaffirmed Wipro’s willingness…

The Securities and Exchange Board of India (SEBI) has begun discussions on the future of weekly derivative contracts, according to sources cited by CNBC Awaaz. The regulator has engaged major brokerage firms, requesting written suggestions on a potential shift towards longer-duration derivative products. This move follows SEBI Chairman Tuhin Kanta Pandey’s earlier statement on August 21, where he indicated the regulator was exploring options for extended-tenure contracts. On September 11, CNBC-TV18 reported that SEBI might release a consultation paper within a month, considering the phasing out of weekly F&O contracts and a shift to monthly expiries through a structured approach.…

The world is expected to face a shortage of one million semiconductor professionals by 2030, and India has a major opportunity to help close this gap, said Ashwini Vaishnaw, Minister of Electronics and IT. He emphasised that a key goal of the India Semiconductor Mission (ISM) is to build a global talent pipeline in the semiconductor space. Speaking at the launch of India’s first end-to-end Semiconductor OSAT (Outsourced Semiconductor Assembly and Test) Pilot Line Facility by CG Power in Sanand, Gujarat, the minister called it a landmark step in realising India’s vision of becoming a semiconductor powerhouse. Gujarat is emerging…

Vellayan Subbiah, Chairman of CG Power, emphasized that India now has all the key elements in place to grow its semiconductor industry—government support, investment backing, and strong private sector ambition. Speaking to businessline during the launch of CG Semi’s pilot OSAT (Outsourced Semiconductor Assembly and Test) facility, he said it is now up to entrepreneurs to harness this collaborative ecosystem and create impactful technologies. Subbiah highlighted that India has adopted a comprehensive strategy by focusing on every segment of the semiconductor value chain, including chip design, fabrication (Fab), and OSAT services. According to him, this well-rounded approach will yield long-term…

HDFC Bank shares slipped over 1% on Tuesday after turning ex-date for its recently announced bonus issue. The stock fell as much as 1.45% to ₹968 on the BSE. The bank had declared a 1:1 bonus issue alongside its quarterly earnings last month, meaning shareholders will receive one bonus share of face value Re 1 for every fully paid-up share held. August 26, 2025, is the record date to determine eligible shareholders. While share prices typically adjust on the ex-date to reflect the bonus, the overall value of an investor’s holdings remains unchanged. Prashanth Tapse of Mehta Equities noted that…