/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
India’s leading tech hardware distribution company is making the most of the unprecedented rise in global prices of laptops and other tech hardware. There’s just one problem.
The global memory chip shortage, triggered by the AI boom, has been a shot in the arm for India’s tech hardware distributors. Prices of laptops, servers and other computer peripherals are going through the roof. A typical computer that would cost Rs 30,000 ($314) in June 2025 is selling for Rs 60,000 ($629). One company appears to have pounced on the opportunity with great gusto.
Rashi Peripherals, headquartered in Mumbai, reported a blockbuster FY26. It ended the fiscal with Rs 15,827 crore, or $1.66 billion, in revenue, growing 15% year-on-year. Profit was Rs 282 crore, or $29.58 million, up …
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
