5 Indians in Forbes Asia's Heroes of Philanthropy list

The Sampark Foundation boasts of a $100 million outlay funded entirely by the Nayars and represents more than half of their wealth. IMAGE: Vineet Nayar, one of India’s best philanthropists......

Snapdeal raises USD 500-mn from Alibaba, Foxconn and others

Online marketplace Snapdeal has raised $ 500 million (about Rs 3,269 crore) in a fresh round of funding from a clutch of investors led by Alibaba Group, Foxconn and SoftBank. Existing investors......

Foxconn plans e-commerce platform in India

The company will also set up a local data centre to tap growth Foxconn, the world’s largest contract electronics manufacturer, plans to build an e-commerce platform in India. It will also set......

The truth behind Foxconn's big promises

Analysts say it is a case of over-promise and under-delivery.  It was Vietnam in 2007, Brazil in 2009, Indonesia in 2012, and now, India. Foxconn, the world's largest contract manufacturer of......