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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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EPFO e-nomination deadline extended: Here’s all that you need to know

The retirement fund body Employees’ Provident Fund Organisation (EPFO) earlier announced that all account holders must add the name of a nominee by December 31, 2021, which is today. The deadline has been extended now.

EPFO took to Twitter to make the announcement. In the post, it said, “You can file nomination beyond 31st December 2021. But choose to file e-nomination today.” The post also stated that “no deadline has been fixed for filing e-nominations as of now.”

Further, the EPFO body explained that “nomination helps nominees to access social security benefits such as PF, pension, EDLI online.” It also speeds up pension claim settlements for members.

The organisation earlier explained that people who fail to add the name of a nominee by the deadline date will not be able to avail various benefits offered by EPFO. To add the name of the nominee members can simply head over to the official EPFO website. Check out the step-by-step guide to add nominees to EPFO account.

How to add a nominee to EPFO account

Step 1: Head over to the official website or simply click on epfindia.gov.in.

Step 2: Log in with your credentials. You will need UAN and password.

Step 3: Click on the ‘Employees’ option under the ‘Service’ tab shown on the screen

Step 4: Select the’ Member UAN/Online Service’ option

Step 5: Under the ‘Manage’ option, you will need to click on the ‘E-Nomination’ option.

Step 6: To add a nominee, change the family declaration. Click on ‘Yes’ option and the on ‘Add Family Details’ to add more than one nominee.

Step 7: To add details, click on the ‘Nomination Details’ option and then tap on the save option.

Step 8: Click on ‘E-sign’ to generate OTP

Step 9: Enter the OTP send to your registered mobile number.

Step 10: Once the process is followed, the new nominee will be registered with EPFO.

It must be noted, to add the name of the nominee, the PF member will need to link their Aadhaar with the UAN number. The service is also available on the official EPFO website.

The post EPFO e-nomination deadline extended: Here’s all that you need to know appeared first on BGR India.



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