Apple manufacturing iPhone XR in India

One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will......

A record 101 BSE500 firms have skipped paying dividend

The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.......

BSE500 companies sitting on a huge cash pile

75 companies can dole out Rs 1.1 trillion from the 'extra cash' to shareholders.Samie Modak reports. Photograph: Danish Siddiqui/Reuters India Inc continues to hoard large sums of cash, reveals......

US launches incubator programme to mentor Indian start-ups

India emerges as a top destination to set up incubators for global firms The US government is looking to mentor Indian start-ups, hoping that some of them would scale up their operations and set......