India expands its incentives for chip and display manufacturers, including covering 50% of capital expenditure when setting up a semiconductor plant (Munsif Vengattil/Reuters)

Munsif Vengattil / Reuters:
Industry group: India to pilot parallel testing of new electronic devices to speed up approvals and reduce time to certification from the current 16 to 21 weeks  —  India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices …

Munsif Vengattil / Reuters:
Samsung launches a co-branded credit card with Axis Bank in India, where it has 175M customers, offering 10% cashback to customers buying Samsung products  —  Samsung Electronics (005930.KS) is targeting repeat purchases from its 175 million customers in India through a new cashback credit card …

Paul Sawers / TechCrunch:
Estonia-based Katana, which offers ERP software with prebuilt integrations to SMB manufacturers, raised a €35M Series B, bringing its total funding to ~$50M  —  Katana, an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding.

Reuters:
Apple partners with satellite company Globalstar on Emergency SOS, agreeing to pay 95% of the approved capital expenditure to deploy new Globalstar satellites  —  Apple Inc (AAPL.O) on Wednesday selected Globalstar Inc (GSAT.A) as its partner for a feature that would allow iPhone 14 users …

Foo Yun Chee / Reuters:
Deutsche Telekom, Orange, Telefonica, Vodafone, and 12 other European telecoms argue that Meta, Google, Netflix, and other US giants should share network costs  —  Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and 13 other European telecoms providers on Monday …

Kyle Wiggers / TechCrunch:
Trendsi, which helps sellers and manufacturers predict demand, raised a $25M Series A led by Lightspeed Venture Partners, bringing its total funding to $30M  —  In the traditional business-to-business world, sellers often don’t know how much of a product they should order.