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Wednesday, November 27, 2024

Russia Ukraine War News LIVE Updates: Indian tech giant Infosys is closing Russia office, reports BBC - Economic Times

Last updated Friday, April 1, 2022 11:39 ET

According to a BBC report, quoting sources, Indian tech giant Infosys, in which UK Chancellor Rishi Sunak's wife owns shares thought to be worth more than 400m, is closing its office in Russia. Infosys has been come under pressure to cease its Russian operations following the invasion of Ukraine.
Russia-Ukraine conflict may affect supply chains of semiconductors: MoS IT
The supply chains of global semiconductor industry, which was badly affected during the COVID-19 period, may see further disruptions due to the Russia-Ukraine conflict, Parliament was informed on Friday. The conflict may have particular impact on the supply of neon and hexafluorobutadiene gases that are essential to manufacture semiconductor chips as these are used in the lithography processes for chip production, Minister of State for Electronics and IT Rajeev Chandrasekhar said in a written reply to the Rajya Sabha.
Lavrov set to meet Prime Minister Modi
Russian Foreign Minister Sergey Lavrov, who is paying an official visit to India is set to meet Prime Minister Narendra Modi on Friday evening after concluding talks with External Affairs Minister S Jaishankar. Russian Foreign Minister will also call on Prime Minister Shri Narendra Modi later during the day, as per a press release by the Ministry of External Affairs. Lavrov is on a two-day visit to India from March 31 to April 1. Jaishankar met the Russian Foreign Minister for talks where both Ministers assessed the overall state of cooperation. They...



Read Full Story: https://economictimes.indiatimes.com/news/newsblogs/daily-news-and-latest-updates-live-1-april-2022/liveblog/90580490.cms

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