What’s New Today: Apple is in discussion with CG Semi, an Indian company to produce iPhone parts in a newly constructed plant in Gujarat.
Fast-Track Insights: Fortino Capital just finished its third private equity fund, Fortino PE III, at a €700 million hard cap, which is above its original €600 million target.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the top tech stories, from Apple India plans to Bitcoin’s price today.
Apple has initiated conversations with CG Semi, an Indian company which produces semiconductors, to construct a plant within Gujarat. The plan is CG Semi will pack and supply some of Apple's iPhone assembly materials.
At the same time, Tata Electronics and Intel have signed a memorandum of understanding for collaboration on semiconductor manufacturing both locally and internationally.
Fortino Capital has successfully closed its third private equity fund, Fortino PE III, at an oversubscribed hard cap of €700 million. This value is more than its €600 million target. The fund adds up to the already raised amount of over €1.5 billion by Fortino and targets companies that are developing critical software for mid-market digital gaps.
The Bank of India has announced vacancies for the Credit Officer position under the General Banking Officer stream covering scales II, III, and IV. The recruitment notification reveals 514 vacancies for the year 2025-26. Candidates can submit online applications from December 20, 2025. The process will continue up to January 5, 2026.
AI ROI includes not just cost savings, but also reflects shifts in decision-making, workflows, and organizational culture. The precise measurement of AI impact calls for the establishment of clear baselines, continuous evaluation, and the acknowledgment of human-AI contributions being intermingled. The key indicators of the measurement include the gains in productivity, reduction in cost, impact on revenue, precision, adoption rates, and the total cost of ownership.
Asian trading started off with a weaker note as Bitcoin moved downward to the level of about $86,000, which was an indication of the continued risk-averse attitude that followed the tech-led drop on Wall Street. The stock markets in Japan, Australia, and Hong Kong were all down, and the total value of the cryptocurrency market also decreased.