Foxconn has rapidly scaled up its newest iPhone manufacturing facility near Bengaluru, hiring close to 30,000 workers within eight to nine months, marking the fastest workforce expansion by any factory in India to date. The swift ramp-up at the Devanahalli plant underscores Apple’s push to diversify its supply chain beyond China, according to people familiar…
Over 250 employees of B9 Beverages, the company behind Bira 91 craft beer, have called for a change in the company’s leadership and the removal of founder Ankur Jain from management.The employees sent a petition to the company’s board, major investors including Kirin Holdings and Peak XV Partners, and the largest lender, Anicut Capital. The…
The US department of homeland security (DHS) has issued an interim final rule that eliminates the automatic extension of work permits or ‘Employment Authorization Documents’ (EADs), for several categories of foreign nationals — including H-4 visa holders (spouses of certain categories of H-1B visa holders). The new rule comes into effect from Oct 30, it…
Is US President Donald Trump softening his stance on an aggressive push for H-1B visa reforms? The Republican leader, in a recent interview, appeared to do so as he recognised the need to import foreign talent to America. In a conversation with Fox News host Laura Ingraham on Tuesday (local time), he defended the value…
NEW DELHI: Government will roll out the annual toll pass (ATP) for private cars on NHs and national expressways (NEs) from Thursday midnight. Over 20,000 car owners have bought the pass that allows free passage through NH and NE toll plazas for one year or 200 trips whichever is earlier.To start with, car owners can…
Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
NEW DELHI: Police in Kunnam have registered a case against actor-politician and Tamilaga Vettri Kazhagam (TVK) chief Thalapathy Vijay along with his bouncers following a complaint of alleged assault.According to officials, the case was filed based on a complaint submitted by Sarathkumar at the Perambalur District Superintendent of Police office. He alleged that he was…
Dr Adil Ahmad (File photo) NEW DELHI: Days after the Delhi bomb blast that claimed 13 lives and injured over 20, a flight ticket recovered from a garbage pile in Saharanpur has added a new twist to the investigation. The ticket revealed that Dr Adil Ahmad, a Jammu and Kashmir native arrested last week had…
The rupee logged its steepest single-day drop in more than three months on Friday, breaching the 89-per-dollar mark for the first time amid weak sentiment across domestic and global equity markets. The currency fell 78 paise intraday to 89.46 against the US dollar.At the interbank foreign exchange market, the rupee opened at 88.67 before touching…
Anushka Sharma recently gave a special shoutout to her sister-in-law, Chetna Kohli, for her inspiring Diwali post on yoga and self-growth. Chetna, who is married to Virat Kohli’s brother Vikas Kohli, shared a heartfelt message about embracing yoga as a way to connect with the self, and the ‘Rab Ne Bana Di Jodi’ actress couldn’t…
