Foxconn

Consumer Durables & IT

Foxconn to set up electronic manufacturing plant in Telangana, to provide 1 lakh jobs

PTI -
Taiwanese electronics giant, Foxconn will generate employment for over one lakh people by establishing a manufacturing facility in Telangana Hyderabad: Taiwanese electronics giant, Foxconn will establish a manufacturing facility in Telangana which will create employment generation potential for over 1,00,000 people. A...
Retail

Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision

Indiaretailing Bureau -
Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart. According to a PTI report: Glass, a former Microsoft executive, has written an email...
Retail

Retrenchment in e-commerce industry not unique to India: Nirmala

IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally. The minister's comments came a day after major layoffs were announced by...
Retail

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
International News

Apple to set up $7 bn manufacturing plant in US

IANS -
Taiwan technology giant Foxconn is teaming up with Cupertino, San Francisco-based Apple to set up a display-panel manufacturing facility in the US with an investment of $7 billion, the media reported on Monday. "The facility could create between 30,000 and...
International News

Apple partners with Foxconn for expansion in Southeast Asia

IANS -
In an effort to expand its market to Southeast Asia, technology giant Apple has partnered with Taiwanese electronics major Foxconn, media reports said. According to a report on DigiTimes on Monday that cited a Chinese-language Economic Daily News report, Apple...
Retail

Apple yet to submit proposal to make iPhones in India

Indiaretailing Bureau -
Apple CEO Tim Cook during his visit met Prime Minister Narendra Modi and spoke of possibilities of manufacturing, but the company has not submitted any proposal with the IT Ministry to set up its plant in India, Parliament was...
Latest News

Asus to launch smartphones in India

Indiaretailing Bureau -
During the last few years, Indian retail market has seen the entry of many international players who are eyeing at establishing themselves in this booming market. Following suit is Taiwan's Asus, which is counted among the world's largest personal...
Retail

Foxconn to takeover Sharp Corp, gains a big discount

Indiaretailing Bureau -
After a long tussle and contemplation, Taiwanese multinational Foxconn has finally agreed to acquire Japan's Sharp Corp. Through this endeavour, they are achieving a big discount to the original offer. Both the companies have held separate board meetings on Wednesday...
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Food ServiceBhavishya Bir -

KFC opens restaurant in Punjab

The newly-opened KFC restaurant is located in Sangrur, Punjab New Delhi:Fast food restaurant chain KFC has launched a new outlet...
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