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Foxconn's investments to help India become global manufacturing hub: Ashwini Vaishnaw

Foxconn Investment to Boost Global Manufacturing Aspirations: Vishnaw

Hon Hai Technology Group, popularly known as Foxconn, has announced its investment plans for the country. The news was confirmed by Union Minister for Railways, Electronics and IT and I&B, Ashwini Vaishnaw, who met with Young Liu, Chief Executive Officer and Chairman of Foxconn, in New Delhi on August 16. Aug 16, 2024
SC stays NCLAT nod to Byju's settlement with BCCI

SC stays NCLAT nod to Byju's settlement with BCCI

The Supreme Court on Wednesday halted the National Company Law Appellate Tribunal (NCLAT) order setting aside the insolvency proceedings against embattled edtech firm Byju after approving its settlement with the Board of Control for Cricket in India (BCCI) in connection with repayment of dues of over Rs 158 crore. Aug 14, 2024

NSE hikes limit under Investor Protection claim

The National Stock Exchange (NSE) has increased the maximum permissible limit against a single claim from Rs 25 lakh to Rs 35 lakh per investor per claim from its Investor Protection Fund Trust. Black Box Limited, a leading IT solutions provider, announced a 55 per cent Year-on-Year (YoY) increase in profit after tax, reaching Rs 37 crore for Q1FY25. Aug 14, 2024
'Make in Bharat for the World' has become a reality: Ashwini Vaishnaw

'Make in Bharat for the World' has become a reality: Ashwini Vaishnaw

Union Minister for Railways, Electronics and IT and I&B, Ashwini Vaishnaw, on Tuesday said the aim of the production-linked incentive (PLI) scheme is to build scale in domestic manufacturing, as tech giant Apple exceeded its export targets in the first four months of the current fiscal. Aug 13, 2024
Rs 31,500 crore investment deal concluded during Telangana CM's US visit

Telangana raises FDI from US to the tune of Rs 31,500 Cr

recently concluded a highly successful business tour to the United States, securing investment deals worth Rs 31,500 crore. This substantial financial commitment is expected to generate over 30,750 new jobs in the state, marking a significant stride in its economic development. Aug 12, 2024
India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally. Aug 11, 2024
SEBI chief rebuts Hindenburg charges, calls it 'character assassination attempt'

SEBI Chief Denies Hindenburg's Offshore Fund Allegations

Hindenburg Research, a US-based short-seller firm has accused the Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and her husband Dhaval Buch of having hidden stakes in offshore funds linked to the Adani Group. Aug 11, 2024
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