Friday, December 13, 2019

MeitY urges the Finance ministry to bring back 4% exports sops on smartphones

The ministry of electronics and IT has approached the Finance ministry to reinstate the export duty credit scrips under Merchandise Export Incentive Scheme (MEIS) in order to evade a massive job loss from the smartphone industry. https://ift.tt/34iWkOY https://ift.tt/eA8V8J

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Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel paid $17B for Altera in 2015 (Bloomberg)

Bloomberg : Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel...