Xiaomi expands smartphone, TV capacity in India with 3 new plants

Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the......

After 5 years, Nissan, TN govt tax dispute finally ends

The dispute arose after Nissan alleged that Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant at Oragadam, near Chennai. Weeks after settling the $660......

Despite pandemic, investors are flocking to Tamil Nadu

Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs. Illustration:......

Noida, Chennai's electronics hubs in total lockdown

The usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle. Illustration: Dominic Xavier/Rediff.com......