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Zerodha founder and Indian billionaire Nithin Kamath has shared his reflections on India’s unique cultural diversity following his recent trip to Europe. His post, which was published on social media platform X (formerly Twitter), resonated with many users, igniting discussions about India’s contrasting cultural richness and the country’s unity in diversity.

Intel has been awarded a $7.86 billion subsidy from the U.S. government to support its semiconductor manufacturing projects, marking a significant step toward boosting domestic chip production. This subsidy, finalized by the U.S. Commerce Department on Tuesday, is part of a broader initiative to revitalize U.S. manufacturing and reinforce national security.

Infosys, the tech giant, has announced a significant performance bonus for eligible employees for the second quarter ending in September. Junior and mid-level employees in the company’s delivery and sales verticals stand to receive a performance bonus of up to 85%, to be paid alongside their November payout.

HDFC Life Insurance has reported an instance of a data leak and is currently assessing the potential impact of the breach. The company confirmed in a regulatory filing on Monday that it received communication from an unknown source who shared specific customer data fields with "mala fide intent."

Amazon India is gearing up to launch its quick commerce service, codenamed Tez, by late December or early next year, marking the company's first venture into the quick commerce space globally. This move is set to put Amazon in direct competition with established players in the sector, including Zepto, Zomato’s Blinkit, and Swiggy’s Instamart, which currently dominate the market.

Dubai: A unique tea offering at an Indian-origin cafe in Dubai is making headlines, with a cup of ‘Gold Karak’ tea priced at a staggering ₹1 lakh (5,000 AED). The extravagant beverage, created by Sucheta Sharma, the owner of Boho Cafe, has garnered both intrigue and criticism, sparking a debate on social media.

Reddit, a popular social news aggregation and discussion platform, has suffered a second significant outage within 24 hours, impacting thousands of users across the United States. The issue was tracked by Downdetector, which reported over 70,000 outage reports, primarily from Reddit users in the US. The outage left many unable to access both the website and mobile app, disrupting the usual activity on the platform.

India is set to launch a new scheme offering up to $5 billion in incentives to companies that manufacture key electronic components locally. This initiative, aimed at reducing the country's reliance on China for electronics supplies, comes as India’s electronics production has more than doubled over the past six years, reaching an impressive $115 billion in 2024. The scheme is expected to be unveiled in the next two to three months.

Air India has announced its plan to establish a Basic Maintenance Training Organisation (BMTO) in Bengaluru to address the growing demand for skilled aircraft maintenance engineers as the airline expands its fleet. The BMTO will offer a 2+2-year Aircraft Maintenance Engineering (AME) programme, certified by the Directorate General of Civil Aviation (DGCA).

In a significant development for the Indian stock market, online food delivery giant Zomato will be included in the prestigious BSE Sensex, replacing JSW Steel from December 23, 2024. This reconstitution of the Sensex, which is announced by Asia Index Private Ltd, a subsidiary of the Bombay Stock Exchange (BSE), will take effect on the specified date.