Foxconn’s Bharat FIH is facing turbulence due to top-level exitsFoxconn group company Bharat FIH is in a rough spot, with three of its independent directors having exited its board in the past three mont...
Bharat FIH plans factory reset on board, order woesFoxconn group's Bharat FIH is facing challenges as it loses key directors and considers closing its Sri City facility due to reduced orders...
Foxconn’s Bharat FIH looks beyond Xiaomi to offset slumpBharat FIH diversifies beyond Xiaomi orders at Chennai campus to explore EVs, telecom equipment, and TVs. Leveraging Make in India initiati...
Big-ticket funding deals in focus; Good Glamm's JV with Serena WilliamsIndustry executives view this as a notable uptick after the prolonged downturn in funding for technology ventures in India since 2021. Whil...
Foxconn arm in India is set to lose its country head FoulgerFoxconn Technology Group is losing its long-time executive, Josh Foulger, who will leave the company after nine years. Foulger, a three-dec...
Fintechs’ lending businesses under stress; banks leverage Bharat BillpayIn a pointer to tough times ahead, fintechs are finding credit lines for small-ticket unsecured loans drying up following a recent central ...
Foxconn's subsidiary Bharat FIH to pump Rs 400 crore in Indian arm Rising StarsThe capital infusion in Rising Stars Hi Tech is seen as a "long-term investment for working capital and general corporate purposes."
Local smartphone manufacturing accounted for 48 million shipments in Q1 2022, posting 7% on year growthAmong the smartphone brands, Oppo had the highest 21.6% share of locally-manufactured smartphones with Realme and OnePlus included , closel...
Maker of Xiaomi and Nokia phones Bharat FIH gets nod for Rs 5,000 cr IPO"While we have historically been able to finance our capital expenditure through equity contributions from the promoter selling shareholder...
Bharat FIH gets Sebi nod to float IPOSeparately, market regulator SEBI has also sought clarifications from Lava Mobiles for its Rs 1500 crore IPO. The Noida-based smartphone br...
Foxconn's Bharat FIH gets Sebi nod to float Rs 5,000 cr IPOThe initial share-sale of Bharat FIH comprises fresh issue of shares worth Rs 2,502 crore and an offer for sale of up to Rs 2,502 crore by ...
IT hardware PLI: Only 2-3 of 14 firms likely to meet first-year targetsSome companies blamed inadequate sops under the scheme while others pointed to the continuing global supply chain issues and chip shortages...
Ather ties up with Foxconn-unit Bharat FIH for sourcing EV componentsThese include printed circuit board (PCB) assemblies for battery management systems, dashboard assembly, peripheral controlling units and d...
Ather Energy ties up with Foxconn group arm for supply of key componentsAs part of this partnership, Bharat FIH will be offering a host of manufacturing services that include printed circuit board (PCB) assembli...
Apple, Samsung may make handsets worth $5 billion in FY22PLI was the first and the largest in a series of such schemes launched by the government to make India a manufacturing hub, aiming to wean ...
Foxconn's India unit Bharat FIH files DRHP for Rs 5,004 cr IPO"The board is pleased to announce that the company proposes to spin-off and separately list BFIH, its Indian subsidiary, which is the large...
Foxconn's India unit Bharat FIH files for $663 mn domestic IPOFIH Mobile is a unit of Apple Inc supplier Foxconn .