November 18, 20240 Comments

Tata seals deal with Pegatron for iPhone plant in India’s Tamil Nadu, sources say By Reuters

By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) -India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India, forming a new joint venture that strengthens Tata’s position as an Apple (NASDAQ:) supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold

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November 13, 20240 Comments

India’s Supreme Court bans ‘bulldozer justice’ as punishment

India’s Supreme Court has said that authorities cannot demolish homes merely because a person has been accused of a crime and has laid down strict guidelines for any such action. The ruling comes in response to a number of petitions seeking action against authorities using demolition as a punitive measure against those accused or convicted of crimes. “The executive [the government] cannot become a judge and demolish properties. The chilling

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November 11, 20240 Comments

India’s luxury airline flies into the sunset

Getty Images Vistara will become fully integrated with Air India starting Monday Indian full-service carrier Vistara will operate its last flight on Monday, after nine years in existence. A joint venture between Singapore Airlines and the Tata Sons, Vistara will merge with Tata-owned Air India to form a single entity with an expanded network and broader fleet. This means that all Vistara operations will be transferred to and managed by

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