Apple Contract Manufacturer of Iphone Foxconn Urges Government to Pay Rs 6 Billion of Pending Subsidy

American devices maker Apple’s supplier Foxconn has demanded billions of rupees of outstanding subsidy from the central government under the Production-Linked Incentive Scheme. The government had launched a scheme of more than Rs 41,200 crore to increase electronics manufacturing. Manufacturers were given subsidy in this. Bloomberg’s Report Quoting sources having knowledge of this matter, it…

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Supreme Court Transfers CCI Investigation Case of Amazon, Flipkart to Karnataka High Court

The Supreme Court has transferred the petitions challenging the Competition Commission of India (CCI) investigation against e-commerce companies Amazon and Flipkart to the Karnataka High Court. In these petitions, CCI’s investigation into the allegedly anti-competition business practices of Amazon and Flipkart was challenged. The Supreme Court has directed the Karnataka High Court to hear this…

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Apple Contract Manufacturer of Iphone Foxconn Urges Government to Pay Rs 6 Billion of Pending Subsidy

American devices maker Apple’s supplier Foxconn has demanded billions of rupees of outstanding subsidy from the central government under the Production-Linked Incentive Scheme. The government had launched a scheme of more than Rs 41,200 crore to increase electronics manufacturing. Manufacturers were given subsidy in this. Bloomberg’s Report Quoting sources having knowledge of this matter, it…

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Supreme Court Transfers CCI Investigation Case of Amazon, Flipkart to Karnataka High Court

The Supreme Court has transferred the petitions challenging the Competition Commission of India (CCI) investigation against e-commerce companies Amazon and Flipkart to the Karnataka High Court. In these petitions, CCI’s investigation into the allegedly anti-competition business practices of Amazon and Flipkart was challenged. The Supreme Court has directed the Karnataka High Court to hear this…

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