After Koira grama panchayat issues notice demanding unpaid dues, Karnataka Industries Minister says local BDO did not know area fell under Special Investment Region Act.
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.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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