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Chinese state media report that Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities

Foxconn Technology Group, Apple Inc.’s most important partner and one of the largest employers in China. Over the weekend, state media said that regulators are conducting tax audits and reviewing land use by Foxconn, the Taiwanese company that makes the vast majority of iPhones at factories in China. Hon Hai Precision Industry Co., Foxconn’s public arm, said it will collaborate with authorities. Meanwhile, an executive and two former employees of WPP Plc, one of the world’s biggest advertising companies, have been arrested in China, people familiar with the matter said.

Pixel smartphone in India, Apple's largest contract manufacturer Foxconn spoke about the «beginning of the Bharat era». Foxconn's India representative V Lee posted on LinkedIn photos of the company's Hon Hai Tech Day 2023 that took place on October 18 and captioned it, «Great event with so much India ambitions, beginning of the Bharat era, devoting to EVs and semiconductors.» In September, ET reported that Foxconn was evaluating several states, including Tamil Nadu, where the Taiwanese company has mature operations. Lee had responded to a post on LinkedIn that featured an ET report about Tamil Nadu emerging as a hub for EV investments with the comment, «Coming,» signalling the company's interest in possibly choosing Tamil Nadu as the safe harbour for its ambitious electric vehicle (EV) plans. «Foxconn is exploring EV opportunities with few states in India, including Tamil Nadu,» Lee told ET. «Our chairman (Young Liu), too, has said that regionalised production for cars is natural which is why we had our factory in Ohio and we are going to have one in Thailand.

Foxconn has spoken about the «beginning of the Bharat era.» Foxconn's India representative V Lee posted on LinkedIn photos of the recently concluded Hon Hai Technology Day 2023 that took place on October 18 and captioned it, «Great event with so much India ambitions, beginning of the Bharat era, devoting to EVs and semiconductors.»

D Y Chandrachud, who was heading the bench pronouncing its verdict on 21 pleas seeking legal validation for same-sex marriages, said the court can't make law but only interpret it and it is for Parliament to change the Special Marriage Act. Same-Sex Marriage Verdict LIVE Updates The five-judge constitution bench comprises the CJI and Justices Sanjay Kishan Kaul, S Ravindra Bhat, Hima Kohli and P S Narasimha. Besides the CJI, Justice Kaul, Justice Bhat and Justice Narasimha have penned separate verdicts.

Foxconn to double workforce, investment in India by ‘this time next year’ Foxconn or Hon Hai Precision Industry, is the world's largest electronics maker. It is also a major supplier for Apple - whose newly launched iPhone includes an improved chip, titanium case and video game capabilities. Price however remains unraised, reflecting the global smartphone slump, the report notes.

Karnataka ahead of 2024 Lok Sabha polls, Janada Dal (Secular) has decided to ally with the party following a meeting of its leader H D Kumaraswamy with Home Minister Amit Shah and party president J P Nadda. BJP President JP Nadda formally announced the union on X, formerly Twitter. «I am happy that JD(S) has decided to be the part of National Democratic Alliance. We wholeheartedly welcome them in the NDA.

Ashwini Vaishnaw on Monday said the government was «fully committed» to Foxconn's plans to expand its manufacturing footprint in the country. «Fully committed to support and facilitate,» Vaishnaw said on X (formerly Twitter) and quoted the Foxconn India representative V Lee's LinkedIn post on Sunday where he had wished Prime Minister Narendra Modi on the occasion of his birthday and said the Taiwanese contract manufacturer was “aiming for another doubling of employment, FDI (foreign direct investment), and business size in India” by this time next year.

Akshay Kumar, Salman Khan and Mohanlal were among those from the Indian film industry who greeted Prime Minister Narendra Modi on his birthday on Sunday and wished him health and happiness. The celebrities took to social media to wish the PM on his 73rd birthday. Akshay posted a picture with the prime minister on microblogging site X. «Happy Birthday @narendramodi ji.

G20 Summit drew to a close. The two day event involving the world's biggest economies was hosted in New Delhi amid an increasingly convoluted geopolitical landscape. Indeed the successful adoption of the G20 Leaders' Declaration has been dubbed a ‘coup’ for host PM Modi.

Shah Rukh Khan on Sunday congratulated Prime Minister Narendra Modi for the success of India's G20 presidency, saying it has brought in «a sense of honour and pride into the hearts of every Indian». The G20 Summit came to an end on Sunday.

India will be an important country in terms of manufacturing in future, Young Liu, Chairman and CEO of Hon Hai Technology Group (Foxconn) has said, his latest comment adding to a growing chorus of global voices acknowledging the country's bold moves to position itself as electronics and hi-tech production powerhouse. In an interaction with reporters in Taipei, the top honcho of the Taiwanese electronics manufacturing giant said the development of the entire ecosystem and industrial chain, and opportunities for development in India are «very, very huge opportunities». «If there is no big change, India will be a very important country in terms of manufacturing in the future,» Liu said. In the past, it took 30 years to build the entire supply chain ecosystem in China, he noted, adding that while it will take an «appropriate amount of time in India» and the process will be shorter given the experience.

Supreme Court on Wednesday set aside the notification issued by the Union Territory of Ladakh for the election in the Ladakh Autonomous Hill Development Council (LAHDC) and allotted the 'plough' symbol to the Jammu and Kashmir National Conference (JKNC). Welcoming the Supreme Court's decision, JKNC Vice President Omar Abdullah said, «We have got the verdict we wanted and deserved.» Hitting out at the 'biased' UT administration, Abdullah said, the Bharatiya Janta Party, ably assisted by a totally biased Ladakh administration, did everything possible to deny us our rights. «Our symbol, the plough, was given to us by the Hon. Supreme Court earlier this morning.

Apple is reportedly working on an ultra-affordable Macbook in a bid to fulfil the needs of the education sector and take on Google's Chromebook. Reportedly, the new model will be priced significantly lower than the existing models by the Cupertino-based company.

Aspiring Taiwanese independent presidential candidate Terry Gou has resigned from the board of Foxconn, the Apple supplier he founded nearly a half-century ago

UK Prime Minister Rishi Sunak appointed Conservative MP and former energy secretary Grant Shapps as new defence secretary on Thursday following the resignation of Ben Wallace his position earlier today. Wallace was the longest-serving Tory defence secretary since Winston Churchill. Prime Minister Rishi Sunak's office announced Shapps's appointment, around an hour after he was seen entering 10 Downing Street, reported AFP.

IOA) president PT Usha will take a step further as an administrator as she will be contesting the upcoming Commonwealth Games Federation elections for the post of vice-president.

(Reuters) — Lordstown Motors is formulating a debt repayment plan and is hopeful that it will find buyers in Chapter 11 for all or parts of its business, Bloomberg News reported, citing the electric truck manufacturer's attorney Thomas Lauria.

Terry Gou, the founder of Apple supplier Foxconn, plans to run as an independent in Taiwan's presidential election next year, ending months of speculation

Terry Gou, who founded Apple supplier Foxconn, has announced that he will run as an independent candidate in Taiwan's presidential election, scheduled to take place in September this year. Gou pledged to fix ties with China and added, "I will definitely not allow Taiwan to become the next Ukraine". Gou criticised the ruling Democratic Progressive Party, saying its policies have “brought Taiwan into the risk of war" with China.

Assam police have started a fitness test for the 67,000-strong force. Assam Director General of Police, GP Singh also turned up for the fitness test — body mass index (BMI). The BMI tests are being conducted in as many as 36 locations across the state.