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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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PhonePe launched health insurance plan

Digital payment service PhonePe has introduced a new health insurance plan for its users. The importance of health insurance has come to the fore during the Corona pandemic. In such a situation, users can now take health insurance directly through PhonePe. The process of getting insurance is also very simple.

Most people don’t realize how important it is to have health insurance until they run into a significant medical emergency. PhonePe has now developed a new health insurance plan that will benefit first-time health insurance buyers. Through PhonePe, people will buy insurance in three easy steps.

PhonePe is the first payment app to offer health insurance. The remarkable thing is that there is no need to show any health test or report to get the insurance. Insurance can be taken only by filling in name, gender, age, and email id. In the Rs 999 plan, customers get an insurance cover of Rs 1 lakh. The Health@999 plan offers an insurance cover of Rs 1,00,000.


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The Rs 999 insurance plan provides coverage for hospitalization expenses. Including patients’ ICU hospitalization, daycare procedures, ambulance charges, and AYUSH treatment. The cashless hospital network for the plan is spread across 7600 hospitals in the country. Health@999 can be availed instantly through PhonePe and comes with a Lifetime Renewability feature.

Rs 999 insurance plan offers a health insurance cover amount of Rs 1,00,000, but if you want to increase the insurance cover amount, you can choose Rs 1999 for Rs 2,00,000 plan and Rs 2649 for Rs 3,00,000 plan.

How to buy health insurance from PhonePe

  1. First, open the PhonePe app and click on the Insurance tab on the home screen.
  2. Now tap on Health@999 plan.
  3. Then choose age and health insurance.
  4. After this, you have to provide your name, gender, date of birth, and email id.
  5. After filling in all the details, you can get the policy by paying.

The post PhonePe launched health insurance plan appeared first on BGR India.



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