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Apple iPhone maker Foxconn is investing $1.5 billion in India, looking to expand beyond China

February 6, 2025 by istri

Apple supplier Foxconn said it plans to invest more than $1.5 billion in India in an unspecified construction project to meet its “operational needs.” Foxconn already has several projects in the works in India, including factories in the states of Karnataka and Telangana. Foxconn is a key Apple supplier and plays a crucial role in … [Read more…]

Posted in: Business Tagged: Apple, billion, China, expand, Foxconn, India, investing, iPhone, maker

Tesla doubles component imports from India – Trade Minister – Portal

June 19, 2024 by istri

Tesla Inc.’s vehicle facility is pictured in Costa Mesa, California, USA on November 1, 2023. Portal/Mike Blake/File Photo Acquire License Rights BENGALURU, Nov 14 (Portal) – U.S. electric car maker Tesla Inc (TSLA.O) plans to double the number of components imported from India, Indian Commerce Minister Piyush Goyal said in a post on the social … [Read more…]

Posted in: Business Tagged: component, doubles, imports, India, Minister, Portal, Tesla, Trade

Why Hospital Management Software is Essential for Healthcare in India?

March 26, 2024 by istri

Technical Advancement is something that cannot be overlooked. In the healthcare sector, there are different types of services available for people to work on, and this lets them work efficiently. If we focus on hospitals right now, different kinds of software are there to work with. One top consideration is hospital management software. You may … [Read more…]

Posted in: Apps Tagged: Essential, Healthcare, Hospital, India, Management, Software

Mega merger between Disney and Reliance India: Companies agree to non-binding term sheet; Deal would create media and entertainment power – Deadline

December 26, 2023 by istri

Disney has taken another big step towards realigning its India strategy. The company has signed a non-binding term sheet with Reliance Industries to merge their Indian operations, which would create one of India’s largest entertainment empires. The news was first reported by the Economic Times. Under the terms, Indian billionaire Mukesh Ambani’s Reliance Group would … [Read more…]

Posted in: Business Tagged: Agree, companies, Create, Deadline, deal, Disney, entertainment, India, media, Mega, merger, nonbinding, Power, reliance, sheet, term

India wanted to abolish the US dollar and buy oil in rupees. No seller wanted to get involved.

December 26, 2023 by istri

A trader counts new 2,000 rupee notes at a wholesale vegetable market in Bangalore, IndiaAP Photo/Aijaz Rahi India’s efforts to achieve greater international acceptance of its currency are failing. According to the Press Trust of India, no oil transactions were conducted in rupees in the financial year 2022-2023. Countries from China to Russia and India … [Read more…]

Posted in: Business Tagged: abolish, buy, Dollar, India, involved, oil, rupees, seller, wanted

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