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Foxconn zeroes in on India as major manufacturing hub

Reported by newKerala.com
New Delhi, Aug 4 : Taiwanese electronics giant Foxconn on Tuesday said it was going to invest in India across verticals like manufacturing, start-ups, energy and e-commerce portals and was also looking at bringing supply chain companies and major technologies here. »more

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US STOCKS-Wall St flat amid slew of earnings, Apple weighs

* Baxalta soars after $30-billion Shire offer
Sify 14 hours ago

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Local manufacturing commences for Sony BRAVIA TVs

New Delhi, Aug 4 : Reiterating its commitment to the Indian market, Sony India on Tuesday commenced manufacturing of its BRAVIA television in India on OEM partnership with Competition Team Technology (India) Pvt. Ltd. in Sriperumbudur, Tamil Nadu.
newKerala.com 10 hours ago

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Narendra Modi backtracks on pro-business land bill

NEW DELHI (Reuters) - Prime Minister Narendra Modi has agreed to drop politically unpopular clauses from a pro-business land bill, a move that will fuel worries among investors that the slow pace of economic reforms is hurting long-term growth prospects.
Reuters India 11 hours ago

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US STOCKS-Apple and interest rate jitters weigh on Wall Street

* AIG, Allstate fall a day after results
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Adani says in talks with Foxconn for JV, no deal yet
MUMBAI (Reuters) - Conglomerate Adani Enterprises Ltd said on Tuesday it was in discussions with Taiwan's Foxconn, the trade name for Hon Hai Precision Industry Co Ltd , for a joint venture, though no agreement had been signed.
Reuters India 11 hours ago

Telecom ministry: Wrong claims, bad maths (Special to )
New Delhi, Aug 4 (IANS/IndiaSpend) At the end of a year since Prime Minister Narendra Modi took office, the telecommunications ministry sent out a series of tweets , putting forward its achievements. Here are three problems we found with the claims.
newKerala.com 12 hours ago

530 non-executive director posts vacant in state-run units
New Delhi, Aug 4 : As many as 530 posts of non-official directors are vacant in 182 scheduled central public sector enterprises (CPSEs) across the country, parliament was informed on Tuesday.
newKerala.com 7 hours ago

Drugmaker Shire bids $30 billion for Baxter spin-off Baxalta
LONDON (Reuters) - Drugmaker Shire said on Tuesday it was seeking to buy Baxalta , a company spun-off by Baxter International last month, for $30 billion to forge the leading global specialist in rare diseases.
Reuters India 9 hours ago

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