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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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How to file your EPFO e-nomination online: A step-by-step guide

The Employees’ Provident Fund Organisation (EPFO), earlier this year, made e-nomination mandatory for Employees’ Provident Fund (EPF) account holders. This means that people with an EPFO account are no-longer required to submit physical proof for filing or changing their EPF nomination. Instead, they can log in to their EPFO accounts and make the necessary changes.

Notably, EPFO had set March 31 as a deadline by when EPF account holders need to update e-nomination for their accounts. However, if you haven’t updated filed e-nomination for your EPF account yet, you can do so now by logging into your EPF account. It is worth mentioning that, EPF account holders can choose to have more than one nominee for their accounts. They can also choose to have each nominee get a different percentage of amount.

So, if you haven’t filed your EPFO e-nomination yet, here is a step-by-step guide for the same.

How to file your EPFO e-nomination online

Step 1: Visit EPFO website — epfindia.gov.in.

Step 2: Click on the Service option.

Step 3: Select For Employees option and then click on ‘Member UAN/Online Service’ option.

Step 4: Now, login with UAN and Password.

Step 5: Next, go to the Manage Tab and select the ‘e-nomination’ option.

Step 6: Now you will see a Provide Details tab on your PC screen. Here. click on the Save button.

Step 7: After that, click on the Yes button to update Family Declaration.

Step 8: Next, click on ‘Add Family Details’ option. Here you can add name of the nominee. You can also add more than one nominee for your EPFO e-nomination.

Step 9: Click on ‘Nomination Details’ option to declare total amont of share. Then click on ‘Save EFP Nomination option.

Step 10: Click on ‘E-sign to generate OTP.

Step 11: Lastly, submit the OTP sent on the mobile number linked to your Aadhaar account.

Your EPF e-nomination process is complete now.

The post How to file your EPFO e-nomination online: A step-by-step guide appeared first on BGR India.



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