Photo: Money Control
Tata Group In Talks With Wistron, Likely To Be First iPhone Maker in India
The Tata Group of India is likely to take over Wistron Factory in Karnataka, becoming the first iPhone maker in India. According to sources, a deal is under talk to acquire the Apple Inc, Wistron Corp Factor, which is scheduled to begin the production of iPhones in India. The expected deal is a private matter and has been negotiated at $600 million deal. Tata Group would now fulfill the commitments.
Tags: Tata Group, Business Deal, Apple, iPhone Maker, Wistron
Courtesy: The Economic Times
Photo: Mint
Maharashtra Govt To Buy AI Building To Extend Mantralaya
In a major update under the Eknath Shinde rule, the Maharashtra Government is planning to buy the iconic Air India (AI) building in Mumbai's Nariman point. As per sources, the Shinde-led Shiv Sena is planning to extend the mantra laya, at a state offer of Rs 16,000 crores. However, the deal will be completed by vacating 100% possession. Notably, besides Maharashtra Government, the RBI is also after the AI building.
Tags: Maharashtra Government, AI building, Business Deal, Mantralaya, Narimam Point
Courtesy: The Times of India
