Taiwanese govt says employees of Foxconn, world's largest assembler of iPhones, were detained under 'strange' circumstances in Zhengzhou where it has an assembling plant.
Foxconn's presence in Tamil Nadu has turned the state into India's electronics manufacturing hub, but Reuters investigation into its hiring practices at iPhone plant sparks concerns, again.
Global media also reports on innovations to support outdoor workers facing extreme heat & Foxconn keeping out married women from its workforce in Tamil Nadu.
Reuters spoke to 17 staffers from Foxconn hiring agencies in India & 4 current and former Foxconn HR executives, who confirmed the discriminatory hiring practice at Tamil Nadu plant.
Foxconn said in a regulatory filing that its India unit will own a 40% stake in the joint venture with a $37.2 million investment. HCL did not disclose financial details from its side.
In August, the state of Karnataka said Foxconn will invest $600 million for two projects in the state to make casing components for iPhones and chip-making equipment.
The world's largest contract manufacturer will be in partnership with Applied Materials, a key player in the semiconductor equipment-making industry, in one of the projects.
The BCCI decision has given new life to the lunatic fringe of the Hindu Right. It now has the confidence to force policy changes in accordance with its communal campaigns.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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