memorandum of understanding

The two sides also signed a memorandum of understanding related to strategic petroleum reserves, along with an agreement concerning supplies of liquefied petroleum gas (LPG).

Sony and TSMC are joining forces in Japan to develop cutting-edge image sensors, with Sony retaining majority control. This strategic partnership, leveraging Sony's design expertise and TSMC's manufacturing might, aims to dominate future markets like AI-driven cars and robotics. The move signals Sony's shift towards a 'fab-light' model, focusing on intellectual property while facing increasing competition.

The NC and Congress are moving a no-confidence motion against LAHDC-Kargil chief Dr Mohd Jaffer Akhoon for refusing to step down after his two-and-a-half-year term. This move follows a power-sharing agreement where the CEC post was to be transferred to Congress. Akhoon cited administrative reasons related to new districts for his decision.

IIM Sambalpur is partnering with Mahanadi Coalfields Limited to train 500 officers in AI, aiming to revolutionize coal sector operations. Meanwhile, FM University launched a three-week summer internship for undergraduates, fostering interdisciplinary research. Rama Devi University hosted a principals' meet to enhance academic coordination and implement NEP across affiliated colleges.

Taiwan Semiconductor and Sony Semiconductor Solutions are joining forces in Japan to develop and manufacture cutting-edge image sensors. This new venture, majority-owned by Sony, will leverage Sony's design prowess and TSMC's manufacturing expertise. The partnership aims to explore applications in areas like automotive and robotics, signaling a significant step in advanced chip development.