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SANMINA SCI
Only half of eligible players got telecom mfg PLI incentives, Rs 1,162 cr disbursed till Mar 31The telecom PLI scheme, effective since April 2021 and concluding this fiscal year, has disbursed ₹1,162.03 crore till March 31, 2025. Only...- Govt disburses Rs 331.8 cr telecom PLIs, Jabil Circuit, Nokia top beneficiariesThe Indian government has distributed over Rs 331 crore in incentives to 18 companies as part of the telecom production-linked incentive (P...
- CCI clears Reliance Strategic Business Ventures' stake buy in Sanmina: SCI IndiaSCIPL is an indirect subsidiary of US-based Sanmina Corporation and is a leading integrated manufacturing solutions company, while RSBVL is...
- RIL unit, American firm form joint venture to make telecom gearRSBVL will hold a 50.1% stake in the JV with Sanmina owning the remaining 49.9%. RSBVL will buy new shares in Sanmina's existing Indian man...
- Amazon-Future fight thaws; sky’s the limit for Indian SaaSver since, the two firms have been locked in a no-holds-barred battle, with neither side willing to budge an inch. But there were signs of ...
- RIL arm, Sanmina float local electronics manufacturing JVRSBVL will hold a 50.1% stake in the JV entity with Sanmina owning the remaining 49.9%. RSBVL will achieve this ownership primarily through...
- Govt shortlists 33 cos to benefit from Rs 12,000-crore telecom incentivesThe winners who would be notified soon have committed Rs 3,455 crore as proposed investments. Applications of Tech Mahindra, Sterlite Techn...
- 33 cos set to make cut for Rs 12,000 cr telecom incentivesThe government has shortlisted 33 companies that would be awarded benefits under the Rs 12,195-crore production-linked-incentive (PLI) sche...
- Samsung skips telecom PLI scheme; Ericsson participates through JabilThe government is learned to have received 37 applications for the scheme, including from leading global manufacturers like Foxconn and its...
- Global electronics firms Foxconn, Flex, Jabil, Sanmina among 29 registered under telecom PLIUnder the scheme, an investor can get the incentive for incremental sales up to 20 times the committed investment, enabling it to reach glo...
- Tamil Nadu eyes USD 15 billion investments in aerospace, defence sectorsThe objective of the ambitious aerospace and defence policy is to make Tamil Nadu the preferred hub for aerospace and defence industries in...
- Finance Ministry defends DEA Secretary Shaktikanta Das in Chennai land dealDas who is an IAS officer, is being alleged to have been involved in allocation of 100 acres of land to a US firm Sanmina SCI Corporation a...
- FDI a double-edged sword: J JayalalithaaTerming FDI in multi-brand retail as a "double-edged sword," which needs to be handled "dexterously," Tamil Nadu Chief Minister J Jayalalit...
- Tamil Nadu to ink pacts for Rs 20,925 crore worth projectsIndo Rama, Hyundai Motors and US-based PPG with Harsha Group of industries are among the 12 major companies that have proposed total invest...
- Tamil Nadu hopes to tap Rs 20,000 crore in 6 months from investors including Yamaha, NokiaYamaha is all set to make foray "very soon" into Tamil Nadu as the government hopes to tap Rs 20,000 crore in six months from various inves...
- Rice for Galbraith in Madras, auto for Hillary in ChennaiClinton would appreciate that times have indeed changed from the 1960s, when the US committed $1 bn for the 1st 2 yrs of India's 3rd 5-yr p...
- Chennai munch: Mid-day-meal impressed John Kenneth Galbraith fifty years back, auto does same for Hillary Clinton nowTamil Nadu has been able to notch a high rate of school participation and completion rates among all states in the country.
- US companies to step up investment in TNThe US companies have retained their focus on Tamil Nadu and are recruiting more people as part of their expansion plans.
- Mindtree wants to tap healthcareMindtree plans to address the lucrative healthcare market for technology solutions with its newly-developed telemedicine boxes, as the comp...
- Jabil Circuit to move lock, stock and barrel to China from ChennaiThe US-based $12.8 billion electronics manufacturing services (EMS) giant Jabil Circuit has gone kaput.
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