CPSE dividend milestone: HLL Lifecare pays record Rs 69.53 crore to govt

HLL Lifecare Limited has achieved a record dividend payout of Rs 69.53 crore to the Indian government, reflecting robust financial growth. The company’s revenue surged by 20% to Rs 4,500 crore, with its net worth reaching Rs 1,100 crore. This performance underscores HLL’s significant contribution to transforming India’s healthcare landscape and enhancing affordable medicine access…

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India ramps up high-tech chip production; Rs 200 crore investment planned

India is rapidly advancing in semiconductor chip development for high-tech applications, with over Rs 200 crore planned for energy-efficient microprocessors. The India Semiconductor Mission has seen significant investment, transforming the landscape. The nation is also on track for complete domestic mobile phone component production within two years, reflecting a strong ‘Swadeshi’ and Atmanirbhar Bharat push.

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