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Maharashtra has okayed Adani and Israel’s Tower Semiconductor proposal to set up a chip fabrication plant with an investment of $10 billion

Rapido has raised $200 million in a recent funding round led by existing investor WestBridge Capital, taking the ride-hailing app’s valuation to $1.1 billion, The Economic Times reported.

Cabinet greenlights Kaynes Semicon’s $393.45 million semiconductor facility in Sanand, Gujarat with capacity to produce 6.3 million chips