Representatives of Foxconn, Dixon and the technology ministry didn't respond to requests for comment.
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Cloud, GCCs key digital economy drivers: MeitY report
THE CLOUD MARKET and global capability centres (GCCs) are among the fast-growing segments of India's digital economy which is expected to drive a fifth of national GDP by 2030, a report by MeitY has said.
A Gateway to Global Manufacturing Excellence Ludhiana's Manufacturing Power
An International Brand Committed to Customer-Centric Innovation Globally
Amazon Web to invest $8.3 billion
Amazon Web Services (AWS) will invest $8.3 billion in cloud infrastructure in Maharashtra by 2030, according to a statement from the company and Maharashtra Chief Minister Devendra Fadnavis. This investment follows a previous investment of more than $3.7 billion between 2016 and 2022.
Infra.Market Raises $126 Million
CONSTRUCTION MATERIALS SOLUTIONS firm Infra.Market has successfully raised approximately $120 million (â¹1,050 crore) in its pre-IPO funding round, according to sources aware of the matter.
Ujjivan SFB Q3 profit slumps 64% to â¹109 cr
UJJIVAN SMALL FINANCE Bank on Thursday reported a 64% decline in its net profit to â¹109 crore for the third quarter amid a spike in bad loan provisions and higher interest expenses.
Zee Q3 profit jumps 180%; revenue falls
ZEE ENTERTAINMENT ON Thursday reported a 179.7% year-on-year rise in its consolidated net profit at â¹163.6 crore for the third quarter of the financial year 2024-25 (Q3FY25).
Economic Fragmentation: Global GDP Could Drop by Up to $5.7 Trillion
GROWING GEO-ECONOMIC FRAGMENTATION can decrease global GDP by up to $5.7 trillion, giving it a bigger blow than the financial crisis of 2008 or the Covid pandemic, the Navigating Global Financial System Fragmentation report showed on Thursday.
57% Taxpayers Seek I-T Rate Cuts
Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.
UltraTech Cement Q3 profit at â¹1,473.51 cr; stock surges 7%
ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of â¹1,473.51 crore for the third quarter ended December 31, 2024.
Real Madrid Is First Club To Top $1-Bn Revenue
REAL MADRID BECAME the first soccer team to register one billion euros ($1.04 billion) in revenue in a single season in 2023-24, with the Spanish side topping the Deloitte Football Money League as the world's highest revenue-generating club once again.