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HCL Inching Close to Chip Unit in K'taka - The Economic Times

The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. ....

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HCL Chip Unit: HCL inching close to chip unit in Karnataka, investment estimated at $400 million, ET Telecom

HCL Chip Unit: The facility will be "small-to-medium sized" with an estimated investment of about $400 million, they added. The group — best known for its $12.6 billion IT arm HCLTech — is in active talks with the state government, which has offered land both near the international airport in Bengaluru as well as in Mysuru. ....

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Stakeboat's second PE fund oversubscribed; AUM crosses $150 mn

Mid-market private equity firm Stakeboat Capital has marked the final close of its second fund with oversubscription, pushing its total assets under management above $150 .. ....

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