Foxconn

The figure constitutes about 5 per cent of the global revenues of a company that is the world's largest EMS player

Vedanta

VFSL is a joint venture between India's Vedanta Group and Taiwan's Hon Hai Precision Industry (Foxconn). The two have 63 and 37 per cent stake in the company, respectively

Anil Agarwal, Vedanta

Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development

gold

Gold has gained 0.8% so far this week as inflationary risks and geopolitical tensions lifted demand for the safe-haven asset.

Apple, iPhone 12

iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for the domestic as well as well as the export market

Hon Hai Precision

Company is sole maker of Apple's priciest gadget

Hon Hai Precision Industry Co is seeking to reduce the amount it pays for Sharp Corp due to concerns about potential liabilities and future earnings, the Yomiuri newspaper reported. The Taiwanese company is also renegotiating terms with Sharp's lenders, according to the Nikkei.Hon Hai's investment in new equity to be issued by Sharp may shrink by 10 per cent to 20 per cent from the originally agreed 489 billion yen ($4.38 billion) as it cuts the price per share from 118 yen, the Yomiuri said, citing an unidentified person. Sharp's shares closed at 138 yen in Tokyo on Friday.Hon Hai is also in talks with Sharp's main banks, Mizuho Financial Group Inc and Mitsubishi UFJ Financial Group Inc, to reduce interest rates on 510 billion yen in credit lines and loans due at the end of March, the Nikkei newspaper reported, without saying where it got the information. The Taiwanese company may be asking the lenders to accept less than the 100 billion yen it agreed to pay them for preferred shares

To scrutinise rationale for recast, structural details, plans for each unit

Anil Agarwal

The stock of the public sector bank (PSB) touched Rs 51, its highest level since March 2015, on improved operating performance

Indian Overseas Bank, IOB

Move comes a week after IHC sold its stake in Adani Green and Adani Transmission

Adani, Adani Group

A corporate presentation notes the "consistent shareholder returns" from more than $11 billion in dividends over the past decade

Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore

image

Not all 26-member INDIA parties are on board with the plan, but the prominent ones are

Oppn, Opposition parties

Regulation of unlisted firms must be rational, not reactive

Regulation

Festival season may add vibrant strokes to volumes, but margins remain a blank canvas

Increasing disposable incomes, surge in sales of high-end products and rapid urbanisation, among other things, are driving demand for luxury and premium paints. Source: Adobe Stock

Paints

VIKAS KHEMANI tells that the best risk management technique for investors is to invest in good companies with solid management capable of withstanding and managing volatility

Vikas Khemani

BSE's market share in the cash segment stood at 6.92 per cent

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

Rupee, Indian Rupee, Indian currency

Indri whisky is the first Indian whisky to win this renowned award

whisky

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

The Confederation of All India Traders (CAIT) wrote to Amitabh Bachchan stating that his recent ad for Flipkart spreads misinformation and hurts local businesses

Amitabh Bachchan

Even if generative artificial intelligence has been overhyped, it's safe to assume that ChatGPT-type bots will only get better at routine tasks like writing computer software

jobs, IT jobs, IT industry, AI

The funds divested in Reliance Retail amount to 11.31 per cent of the stake, for which investors have forked out Rs 57,562 crore

Reliance Retail

The new suite, dubbed Magic Studio, marks the latest in a series of product launches in the past year, including enterprise-focused tools in September 2022 and AI software in March

AI, google, Artificial Intelligence

The bench highlighted that since the requests made by all involved parties were based on similar grounds, a fresh bench could determine the outcomes

Go First

Capital markets regulator Sebi on Wednesday said it has constituted Working Groups to recommend on simplification of various rules, ease of compliance, and reduction in the cost of compliance.
Also, the regulator has sought suggestions from public and regulated entities till November 6 towards simplifying the rules.
The move came following an announcement made in the Union Budget for FY 2023-24.
In a statement, the regulator said it has formed Working Groups to recommend simplification of various Sebi rules.
"The Working Groups will also look into the compliance requirements to enhance ease of compliance and reduction in the cost of compliance," the Securities and Exchange Board of India (Sebi) said.
At present, 16 Working Groups, under the aegis of its standing advisory committees, are reviewing compliance requirements under various Sebi rules applicable for entities, including listed companies, mutual funds, stock brokers, alternative investment funds, REITs (real estate investm

Illustration: ajay mohanty

Nationally, Manipal Hospitals boasts a capacity of 9,500 beds

Hon Hai Precision

Foxconn's business in India hits $10 billion, to bet $2 billion more

Vedanta-Foxconn JV set to get govt approval for its chip-making plant

Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit

Gold prices ease as US rate-hike bets counter inflation worries

Apple to soon make iPhone 12 in India, shift 7-10% of capacity from China

Hon Hai survived loss caused by iPhone delay with $2.2 billion sharp gain

Hon Hai seeks to reduce price it pays for Sharp