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.
Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
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