The year when the Make-in-India lion started roaring: Top 10 venturesIn 2023, India showcased significant potential in its pursuit of becoming a manufacturing powerhouse, with numerous large-scale projects ei...
29 Dec, 2023, 06.08 PM IST
Apple looks to hit ₹1 lakh crore production milestone in FY24Apple is gearing up to cater to the festive demand in the US and the West starting this month, but due to global headwinds, consumption, in...
20 Nov, 2023, 02.45 PM IST
Tatas complete acquisition of Wistron's manufacturing facility in KarnatakaThe Tata group has completed the acquisition of Taiwan's Wistron's manufacturing facility in Karnataka. Taiwan's Wistron joined native riva...
10 Nov, 2023, 01.41 AM IST
Tata-Wistron deal complete; InCred to join unicorn club with new fundingIndia’s salt-to-software conglomerate Tata Group will now make iPhones after it completed its acquisition of Wistron on Wednesday. This and...
09 Nov, 2023, 07.32 PM IST
Hello Tata, goodbye Wistron: The anatomy of a $750 million takeover dealThe Wistron purchase is expected to spur the next cycle of investments in the Indian electronics manufacturing ecosystem and signals the ma...
09 Nov, 2023, 06.56 AM IST
With Wistron deal, Tata to become first Indian company to make iPhonesWistron Corp announced the sale of its 100% indirect stake in Wistron InfoComm Manufacturing (India) Private Limited to Tata Electronics Pr...
28 Oct, 2023, 09.44 AM IST
Tata eyes Apple vendor Wistron's facility in KarnatakaInitial plan of JV is now moving toward a Rs 4000 cr - Rs 5000 crore deal for the facility. The transaction, if successful, will help the s...
10 Jan, 2023, 02.58 PM IST
Government clears Rs 357 crore sop for Foxconn India unit under PLI schemeFoxconn India is one of the key manufacturers of Apple iPhones in India, and is part of the Taiwan-based Foxconn group, which is the world'...
21 Dec, 2022, 09.21 AM IST
Foxconn recharges India unit with $500 millionTaiwan's Foxconn has invested $500 million (about ₹4,100 crore) in its India unit, which makes iPhones, by subscribing around 4.08 million ...
08 Dec, 2022, 11.55 PM IST
Tatas in talks to buy top Apple vendor’s plant; layoffs, recession fears may hit IIT packagesThe Tata Group has been looking to leverage the geopolitical backlash against China and woo Apple and other smartphone companies to India f...
30 Nov, 2022, 07.22 PM IST
Tamil Nadu urges Centre for faster nod to Chinese Apple vendor's planThe Dongguan-headquartered company, which assembles iPhones and also makes Apple Watches and ‘hearables’ like the AirPods, will be the thir...
28 Oct, 2022, 12.37 PM IST
Handset PLI timeline extension will boost investor confidence: Industry“This extension would not only support the Government’s efforts to establish India as an integral part of the Global Value Chain (GVC) in t...
28 Jun, 2021, 08.25 PM IST
Additional Director General of Police to supervise probe into Wistron staff violence caseThe government of Karnataka has passed an order for the appointment of Pratap Reddy, ADGP (L and O). The DG and IGP of Karnataka have submi...
23 Dec, 2020, 12.07 PM IST
FIR against 7,000 people in connection with violence at Wistron facility in KarnatakaA First Information Report (FIR) has been registered against 7,000 unknown people including 5,000 contract workers in connection with viole...
15 Dec, 2020, 08.49 AM IST
India Inc's foreign borrowings drop 47 per cent to USD 1.75 billion in August 2020Of the total borrowings from overseas sources during the month under review, USD 1.61 billion was raised through ECBs, while the rest USD 1...
05 Oct, 2020, 09.09 PM IST
iPhone makers among winners in $6.6 billion India's manufacturing planAmid rising trade and political tensions between the U.S. and China, India is betting that many global brands will be keen to reduce their ...
14 Sep, 2020, 07.30 PM IST
Samsung India outsources production of some phonesAlmost three years ahead of schedule, Samsung has already begun exporting India-made phones to a few countries owing to its fully exhausted...
23 Oct, 2019, 12.20 PM IST