Friday, October 2, 2020

Smaller brands may be forced to import fully built mobile devices, after latest BCD levy

Smaller smartphone brands may resort to importing completely built devices instead of assembling in India, as the aggregate duty on components has become almost equal to that on a complete unit, a development which may hit the government's plans of expanding local manufacturing. https://ift.tt/3lahw2I https://ift.tt/eA8V8J

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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...