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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...

Vi offering health insurance with Rs 51, Rs 301 prepaid plans: Check benefits

Vi (Vodafone Idea) has launched two new prepaid plans, priced at Rs 51 and Rs 301, in partnership with Aditya Birla Health Insurance. The former is an add-on pack, whereas the latter acts as a standalone plan. Both the plans are called “Vi Hospicare” and come with the same list of health insurance benefits.

What telecom benefits do the plans offer?

Under the Rs 51 prepaid plan, users will get 500 SMSes for 28 days. This does not include any additional calling or data benefits and can be only added on top of your existing plans.

Under the Rs 301 prepaid plan, Vi offers users 1.5GB of daily data along with 2GB additional data and unlimited voice calling benefits for 28 days.

What medical benefits do the plans offer?

Both these plans come bundled with health insurance benefits, with a cover of Rs 1,000 worth of hospitalisation expenses per day for up to 10 days and Rs 2,000 per day on ICU expenses. The benefit of ICU treatment can be extended by 28 days on every continuous recharge. The insurance benefits are only available for people in the age groups of 18 years to 55 years and in sound health. The customers also required not to have a hazardous occupation.

Insurance coverage will be available at all major hospitals (government and private). Eligible customers will be able to claim the benefit by showing a scanned copy of their discharge certificate, which will verified before processing the amount.

To recall, Airtel also provides similar life insurance benefits with select prepaid recharge plans in partnership with HDFC Life Insurance.



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