Semiconductor design company UNISOC on Tuesday launched a new chipset -- UNISOC T760, in India.

The company said that with the introduction of the UNISOC T760, it aims to make 5G accessible to everyone. In India, it is collaborating with key OEM (original equipment manufacturer) players to bring the new chipset to the market.

"Scoring over 510,000 points on Antutu V10, the UNISOC T760 excels in high-definition gaming, multitasking, photography, and video recording tasks, promising users a plethora of joy and satisfaction across a wide range of activities and interactions," the company said in a statement.

As the government focusses on making India a global manufacturing hub, industrial and warehouse logistics supply is projected to grow by 13-14 per cent year-on-year (YoY) in FY25 to nearly 424 million square feet (sq ft), a report showed on Tuesday.

The growth in warehousing space in India's eight major cities is buoyed by strong demand from the e-commerce, manufacturing and logistics sectors.

Grade A warehouses will take up a bigger share of the market, according to the ICRA report.

Moreover, the absorption is estimated to increase to 47 million sq ft in FY25 (90 per cent of incremental supply addition) from 37 million sq ft in FY24, supported by strong consumption-led demand, the report noted.

Hyundai Motor, South Korea's largest automaker, on Tuesday started receiving preorders for the company's Casper Electric mini SUV in South Korea, the company said.

The EV will be sold under the name Inster in overseas markets. It will launch first in South Korea this summer, followed by Europe, the Middle East and Asia Pacific.

The company said it has started accepting preorders for the long-range "Inspiration" variant of the Casper Electric, which was unveiled at the Busan International Mobility Show last month.

Texas Governor Greg Abbott visited Samsung Electronics’ semiconductor facility in South Korea on Tuesday, expressing his appreciation for the company's investments in the U.S. state.

He toured Samsung's Pyeongtaek Campus, located approximately 60 kms south of Seoul, looking around the chip production line and various products, according to industry sources.

Samsung Electronics officials, including Vice Chairman Jun Young-hyun, who heads the tech giant's semiconductor business, accompanied him, reports news agency.

The country saw a 33 per cent surge in diversity hiring in June (year-on-year growth), with the banking, financial services and insurance (BFSI) and IT-software services industries leading the way, a report showed on Tuesday.

Delhi, Mumbai and Bengaluru led as hiring hubs, showcasing positive diversity hiring trends.

Overall hiring activity witnessed a 12 per cent yearly increase (June 2024 vs June 2023) and a 2 per cent monthly rise, according to the report by talent platform foundit.

The global wholesales of Tata Motors Group, including Jaguar Land Rover, reached 3,29,847 vehicles in the April-June quarter of the current fiscal (FY25), up 2 per cent compared to Q1 FY24, the company said on Monday.

Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q1 FY25 were at 93,410, higher by 6 per cent over Q1 FY24.

The company recorded global wholesales of passenger vehicles (including electric vehicles) at 138,682, lower by 1 per cent.

Bhavish Aggarwal, co-founder and Chairman of the Ola group, said on Monday that after exiting Microsoft Azure Cloud, it is time for the developers to shun Google Maps, as he announced one-year free access to all developers to Ola Maps on AI-driven Krutrim platform, along with more than Rs 100 crore in free credits.

Last week, the ride-hailing company Ola exited Google Maps and shifted to in-house Ola Maps for cab operations. The move has apparently saved the company nearly Rs 100 crore a year.

“We’ve been using western apps to map India for too long and they don’t get our unique challenges: street names, urban changes, complex traffic, non-standard roads, etc,” Aggarwal said.

About 73 per cent of Indian organisations plan to harness generative artificial intelligence (GenAI) within the next 12 months to enhance security measures and align IT objectives with broader business goals, a new report said on Monday.

However, only 8 per cent of organisations showed high confidence in effectively implementing GenAI technologies, according to the exposure management company Tenable.

"Despite the rise of AI, many Indian businesses are still developing their technology maturity and often lack the resources or skills needed to properly create, train, and implement AI, as well as maintain high standards of data governance," said Nigel Ng, Senior VP, Tenable APJ.

US-based consulting firm Mercer on Monday announced the appointment of Siddhartha Gupta as its India President.

Gupta brings a wealth of experience and expertise to this role, having most recently served as Mercer Mettl's Chief Executive Officer.

"I am excited to take on this role and lead efforts to further strengthen Mercer's position as a trusted partner for organisations seeking to unlock their workforces' full potential. Together with the talented teams at Mercer, I look forward to continuing to deliver exceptional value to our clients," Gupta said in a statement.

In a bid to help the government towards its net zero emissions target by 2070, Maruti Suzuki India on Monday said it surpassed 2 million cumulative vehicle dispatches using Railways as part of its ‘green logistics’ goals.

The company has rapidly scaled up its vehicle dispatches through Railways from 65,700 units in FY 2014-15 to 447,750 units in FY 2023-24.

The feat makes Maruti Suzuki India’s first automobile company to attain this eco-milestone.

Today, the company dispatches vehicles to 20 destinations, serving over 450 cities using Indian Railways.