Apple Supplier Pegatron Said to Be in Talks With Tata to Sell Its Only India iPhone Plant

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Pegatron is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group, said two sources with direct knowledge, marking the Taiwanese firm’s latest scale back of its Apple partnership. Under the deal, which has received the backing of Apple, Tata plans to hold at least a … Read more

Centre approves EV policy to attract foreign companies and promote manufacturing

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In a major move to attract investments from reputed global companies, the Centre has approved an EV policy that will allow companies that invest a minimum of ₹4,150 crore in the country, meeting domestic value-added conditions, to import a limited number of vehicles at reduced customs duties. Also read: Govt approves EV policy to boost … Read more

Tata Neu Preparing to Use Magicpin’s ONDC Integration to Enter Food Delivery Fray: Report

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Tata Neu — the ‘super app’ launched by the Indian conglomerate in 2022 — is planning on entering the food delivery sector in the coming days, according to a report. Instead of building its own network, the service is said to rely on technology developed by Gurgaon-based startup Magicpin to tap into the government backed … Read more