Foxconn’s $1.5 billion investment cements Chennai as Apple’s new manufacturing hub
Apple’s strategic shift away from China has taken a significant step forward with a $1.5 billion investment by its top supplier, Foxconn, in a new manufacturing facility near Chennai, Tamil Nadu. The investment, routed through Foxconn’s Singapore-based subsidiary, involves the purchase of 12.77 billion shares in Yuzhan Technology India, which is…
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US-India trade deal deadline looms amid tariff concerns
India and the United States are working intensively to announce an interim trade agreement before 8 July, as a 26 per cent reciprocal tariff imposed by…
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Indian government denies US mediation claim, but Trump keeps…
US President Donald Trump has once again asserted that his administration played a decisive role in brokering peace between India and Pakistan, attributing the…
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