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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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Tata Power confirms that it has got hit by cyber attack, says critical systems safe

Tata Power on Friday admitted it has been hit by a cyber attack on its IT infrastructure. The power company, however, said that all its critical operational systems are functioning normally.

Tata Power said in a BSE filing, “The Tata Power Company Limited had a cyber attack on its IT infrastructure impacting some of its IT systems.”

The company announced that it is taking steps to restore the system and rectify the situation. “The company has taken steps to retrieve and restore the systems. All critical operational systems are functioning,” the statement added.

However, as a measure of abundant precaution, “restricted access and preventive checks have been put in place for employee and customer-facing portals and touch points”, it added.

“The company will update on the matter going forward,” Tata Power added.

Tata Power Company Ltd said some of its IT systems were impacted by the cyber attack.

As per a report by TechCrunch, “Tata Power aims to double its share of clean energy to 60 percent in five years and is working to become net zero by 2045. The company has reportedly installed and managed electricity generation capacity of 13,974MW (highest in the country).

Last month, Union Power Minister R.K. Singh said India’s power network will soon be more future-ready and insulated from cyber attacks with the provision of routine inspections and timely action under the Electricity Amendment Bill.

Earlier this year, Singh informed that there were cyber attacks on the national power grid.

“These were probing attacks in December, January and February. They did not succeed. But we are aware,” he had said.

–With inputs from IANS

The post Tata Power confirms that it has got hit by cyber attack, says critical systems safe appeared first on BGR India.



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