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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...
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IRCTC, redBus intercity online bus ticketing service launched on irctc.co.in and IRCTC Rail Connect app

You can now book bus tickets on irctc.co.in and IRCTC Rail Connect app. To recall, the IRCTC bus booking service was launched beginning this year. The Indian Railway Catering and Tourism Corporation (IRCTC) has now announced the intercity bus ticketing service in collaboration with redBus to further expand the service. The intercity bus ticket booking service is currently available on IRCTC website irctc.co.in and will soon be available on IRCTC Rail Connect app.

Users will now be able to choose buses from a collection of over 2,600 private bus operators and approximately 24,000 daily buses offered by redBus. IRCTC said in an official release that the integration with redBus will help them host 12 lakh bus seats daily including sleeper/non-sleeper, AC/non-AC buses.

IRCTC online bus ticket booking service: Details here

IRCTC Rail Connect app users will soon be able to access features such as amenities available on the bus, ability to choose boarding and dropping points.

Users will also get an option to choose buses that come under the redBus Safety+ program. This will basically allow passengers to choose the safest bus available on the route of their destination. Under this, passengers will also be given details such as bus number and contact information of the bus staff and so on before the departure.

Highlighting the collaboration, Prakash Sangam, redBus CEO said in a press statement, “redBus is delighted to partner with IRCTC to offer travellers a convenient and secure means to book bus tickets. IRCTC is the most preferred platform for millions of travellers to book their train tickets, and now with redBus’ integration within IRCTC website and app, customers of IRCTC get access to the widest range of bus options to complete their travel. Online booking of bus tickets has witnessed a huge spike in demand during the course of the pandemic, especially in tier 2 and 3 cities and towns and this association acts as a catalyst to further fuel growth in the sector.”

As per redBus, there has been a rise in online bus booking since the relaxation of lockdown. It is because passengers preferred to book tickets online, instead of buying them from the counter. It has been further highlighted that there has been a surge in online bookings from tier 2 and 3 cities.



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