The Warren Buffet-backed Chinese electric vehicle manufacturer BYD will be unveiling a Born Electric SUV for the Indian market by the fourth quarter of the current calendar year. The deliveries of the same would begin in January, the company's top official said. This will be the first Born Electric SUV in the mass market. The Born Electric models from Tata Motors and Mahindra and Mahindra would be launched from 2024. BYD has been selling the E6 MPV in the Indian market since 2021.
Nalini Sriharan, one of the convicts who was serving life imprisonment in connection with the assassination of former prime minister Rajiv Gandhi, on Thursday approached the Supreme Court seeking release from prison -- like fellow convict AG Perarivalan.
The manufacturing of iPhone 14 in India within weeks of the global launch demonstrates the maturity of Apple's manufacturing capabilities in the country, according to Moody's Investors Service. Increasing volumes of locally-manufactured iPhones will also accelerate Apple's expansion strategy in India, Raj Joshi, Senior Vice President, Corporate Finance Group, Moody's said. The Indian smartphone market's large size and strong growth prospects as the country unveils its 5G network "make it an attractive long-term market for Apple", according to a note by Moody's.
If reports that Apple Inc plans to triple its iPhone production in India come true, it is likely to help the country become a supply hub for the American company. There are some 190 Apple suppliers globally, but only 12 have manufacturing facilities in India now. Apple's strategy is to focus on India and a clutch of other countries as it diversifies its supply chain out of China.
The timeline of events in the case in which the Supreme Court on Wednesday ordered the release of A G Perarivalan, who has served over 30 years in jail in the Rajiv Gandhi assassination case invoking its extraordinary power under Article 142 of the Constitution.
In Tamil Nadu, though reformist spiritual giant Sri Ramanujacharya was a crusader against discrimination who nurtured equality almost a millenium ago, the broad canvas of social justice had only an occasional place for him.
In a boost to the electric vehicle boom in India, Taiwanese major Hon Hai Technology Group (aka Foxconn) is likely to set up an EV manufacturing unit in India through its subsidiary Foxtron. Amid speculation that the company may look at Tamil Nadu and probably the Ford India unit near Chennai for its new facility, sources indicate that the group was already betting big in the electric vehicle component space in India through Bharat FIH, which is already having a tie up with companies like Ola Electric and Ather. Bharat FIH currently has two manufacturing units in Tamil Nadu's Sriperumbudur that manufactures phones like Apple iPhones and Xiaomi phones.
The Supreme Court on Thursday adjourned to November 11 the hearing on a plea filed by Nalini Sriharan, serving life sentence in the Rajiv Gandhi assassination case, seeking premature release.
The Supreme Court on Friday directed the premature release of six convicts, including Nalini Sriharan and R P Ravichandran, serving life term in the assassination case of former prime minister Rajiv Gandhi, noting that the Tamil Nadu government has recommended remission of their sentence.
Murugan, along with Santhan, both Sri Lankan nationals, were taken in a police vehicle following their release to the special refugee camp in Tiruchirappalli in the state.
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
The development comes at a time when growing tension in US-China trade ties is forcing companies to explore alternative manufacturing sites in order to derisk operations.
Congress leader Rahul Gandhi, who embarked on the 'Bharat Jodo Yatra' from Tamil Nadu's Kanyakumari on Wednesday, will be staying in a container for the next 150 days.
The Apple iPhone comprises 44 per cent of the global smartphone market's revenues and it is the second most-such device to be shipped after Samsung. More than half of smartphones used in the US are iPhones. More than 7 million iPhones are expected to be sold in India in 2022, extending the user base to 20 million, according to market research and analyst firm Techarc. Hence, the news about Apple scaling down its production target for iPhone 14 in India has made news.
Facing criticism from the Congress, the government on Thursday moved the Supreme Court seeking a review of its order for premature release of six convicts in the Rajiv Gandhi assassination case.
Hyundai Motor has over 2,200 permanent workers, around 3,500 trainees and another 5,000 contract workers in the Sriperumbudur facility
Seven months after it was launched in India, Apple is expected to start manufacturing the iPhone 13 at the Foxconn plant in Sriperumbudur near Chennai from April, according to sources. The phones will be for both the domestic and export market. The production of the iPhone 13 in the Chennai plant was meant to start from January but had to be postponed after Apple suspended production following protests in December by women workers about food poisoning. An Apple spokesperson did not respond to an e-mail query.
Last Friday, the apex court had ordered Nokia to give a Rs 3,500-crore (Rs 35-billion) guarantee before it transferred its Sriperumbudur facility, one of its biggest plants globally.
Apple's newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the world's second-biggest smartphone market after China.
Before the launch of the 'Bharat jodo yatra, former Congress leader Rahul Gandhi will on Wednesday take part in a prayer meeting at former prime minister Rajiv Gandhi's memorial in Sriperumbudur.
'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'
'That it was the LTTE was known in three weeks's time.'
Congress leader Rahul Gandhi has said that the assassination of his father and former prime minister Rajiv Gandhi was the "single biggest learning experience" of his life, asserting that he cannot get away from the fact that the event also made him learn things that he would have never learnt otherwise.
In the factory, workers said Friday was the last day as far as production was concerned.
'I don't have anger or hatred towards anybody.Of course, I lost my father and for me it was a very difficult time'
Meanwhile, the union representatives have said they are meeting the state labour minister, to seek government's intervention.
'We were exporting copper at that time. Now India is importing copper to the tune of around $1.2 billion. Moreover, there was a larger impact on the dependent MSMEs.'
Tamil Nadu has been reeling under acute water crisis stress for the past several months as Chennai's Porur Lake, one of the main sources of water, has reached its lowest level.
Trouble began at the manufacturing facilities of Foxconn situated at Sriperumbudur near Chennai after it decided to suspend production from December 22, 2014. Fearing job losses the employees have been resorting to agitations since then.
India is already perceived to be a soft State by terrorists. Let us not confirm that fact, fumes A Ganesh Nadar
The Supreme Court on Wednesday granted bail to A G Perarivalan, serving life sentence in the Rajiv Gandhi assassination case.
In this event, it is the IAF that showed true professionalism, telling the boss they weren't going to fly in that weather. You can see what professionalism and moral courage it takes to say no to your prime minister. Only things like that can keep him safe, observes Shekhar Gupta.
The Tamil Nadu Congress Committee on Friday said it does not agree with Chief Minister MK Stalin demanding the Centre to set free the seven Rajiv Gandhi assassination case life convicts and denounced what it called 'political pressure.'
The company is planning to invest Rs 1,100 crore in the new mobile phone manufacturing facility.
Eyeing the revival of the crisis-ridden party ahead of the 2024 Lok Sabha elections, the party chief Sonia Gandhi described the march as a "landmark occasion" and hoped that the march would help rejuvenate the grand old party.
According to a release issued by Nokia, the investment is geared towards enhancing the capacity of the manufacturing plant. The plant currently employs approximately 6,000 people.
Sony Ericsson, a leading Japanese-Swedish mobile handset maker, is all set to produce its mobile handsets in Sriperumbudur through manufacturing agreements with Flextronics and Foxconn.
The current question is about the BJP-ruled Centre, headed by Prime Minister Narendra Modi, like its predecessors, not arguing the Union of India's case effectively and continuously, whenever the matter came up in the past, if its case still was that Rajiv's killing was an 'act of terror', asks N Sathiya Moorthy.
While the tax holiday for the factory coming to an end might be a factor, many say the business model of Microsoft (which acquired Nokia's handset division last year), as well as freebies offered by the Vietnamese government, might also have played a role.
Buoyed by strong demand from the corporate and small-and-medium business (SMB) sectors in India, Dell Inc, the world's No. 2 computer maker, said on Tuesday that it would be doubling the production capacity of its lone plant in India from 4 lakh to about 1 million units per annum. In a move to achieve this, the company announced the manufacture of a wide range of laptop lines at the Sriperumbudur plant near Chennai.
