Foxconn bets big on India as global tech giants diversify supply chains

IANS | June 26, 2025 11:05 AM

New Delhi, June 26 (IANS) As Taiwanese giant Hon Hai Precision Industry Co Ltd (better known as Foxconn) gets its government’s regulatory nod for $2.2 billion investment in India and the US, the New Delhi's position on the global manufacturing map has become more visible, with tech giants aiming to diversify their supply chains and slowly moving away from China.

SEBI imposes Rs 25 lakh penalty on BSE for breach of norms

IANS | June 25, 2025 9:39 PM

Mumbai, June 25 (IANS) The Securities and Exchange Board of India (SEBI) on Wednesday imposed a penalty of Rs 25 lakh on BSE Ltd for violation of norms related to dissemination of price-sensitive information by corporates, weak supervision of broker trades, and laxity in taking action.

India’s FDI inflows surge to $8.8 billion in April

IANS | June 25, 2025 7:44 PM

Mumbai, June 25 (IANS) Gross inward foreign direct investment (FDI) inflows into India surged to $8.8 billion in April this year, higher than $5.9 billion in March and $7.2 billion in April 2024, according to the RBI's monthly bulletin released on Wednesday.