Foxconn Explores Investment in $200 Million Electronic Components Plant in Tamil Nadu, India Foxconn, a leading global electronics manufacturer known for assembling Apple’s iPhones, is engaging in private discussions with Tamil Nadu, India, to potentially invest $200 million in a new electronic components plant. The potential expansion comes as Foxconn seeks to bolster its presence …
SEBI Initiates Revolutionary Move: Instant Settlement of Stock Market Trade in the Works In a landmark development, the Securities and Exchange Board of India (SEBI) has taken a bold step towards revolutionizing the stock market with the introduction of instant settlement for trades. Leveraging cutting-edge technology, SEBI aims to enable real-time transactions, optimizing efficiency, and …
Tesla’s Bold Move: Electric Car Tailored for India’s Market, Plans for Local Manufacturing Base Unveiled In a groundbreaking move, Tesla has unveiled its strategic vision to tap into the burgeoning Indian electric vehicle (EV) market. The company is planning to introduce an affordable electric car, tailored specifically for Indian consumers, priced at approximately Rs 20 …
1 Lakh Notices Sent by FM for Non-Filing of Returns and Misreporting Income In a significant move to curb tax evasion and non-compliance, the Finance Ministry has issued a staggering 1 lakh notices to individuals suspected of not filing their income tax returns and misreporting their income. As authorities intensify their efforts to strengthen tax …
Chinese Investment Scam in India 15,000 Indians Lose Over ₹700 Crore The Chinese investment scam that unfolded in India has brought to the forefront the urgent need for investor awareness and vigilant scrutiny of financial schemes. With over 15,000 Indians falling prey to this massive fraud, the implications are far-reaching, and the loss of ₹700 …