Chennai

Key Apple Inc (NASDAQ: AAPL) supplier Foxconn’s manufacturing plant in India will remain shutdown for three more days, Reuters reported on Monday, citing a government official. What Happened: Hon Hai Precision Industry Co Ltd (OTC: HNHPF), popularly known as Foxconn, was expected to...

Nokia (NYSE: NOK) is desperate to unload its manufacturing plant in Chennai, India. How desperate? The phone maker is willing to pay Indian tax authorities $487 million in order to let Microsoft Corp (NASDAQ: MSFT) take over the plant, Bloomberg reported. The transfer is designed to get Nokia...