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Wednesday, March 18, 2026 7:02 PM

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Govt. plans to approve two new microchip factories this year

ArdorComm News Network

Rajeev Chandrasekhar, the minister of state for electronics and IT, stated that the government expects approving up to two applications this year to begin building electronic chip manufacturing facilities in the country. According to the minister, the current slowdown in the

Alibaba laid off 19,000 employees to improve cost efficiency

ArdorComm News Network

Alibaba Group Holding reduced its workforce by about 19,000 employees in response to the global economic downturn. Cost effectiveness is given priority in the decision. Alibaba made intentions to take a more cautious approach to spending and cut costs where