Taiwanese electronics manufacturer Foxconn will invest up to Rs 424 crore in a semiconductor joint venture with HCL Group, acquiring a 40% stake for Rs 312 crore. The investment marks a significant move in Foxconn’s expansion into the semiconductor industry, with a focus on strengthening its presence in India’s growing tech market. The joint venture is expected to drive innovation and growth in the semiconductor sector, solidifying Foxconn’s position as a key player in the global electronics market.
Full Article
38 hrs after AI 171 crash: AI Boeing 777 got stall, GPWS alerts on Delhi take-off
On June 14, just 38 hours after the AI 171 crash, an Air India Boeing 777 experienced stall and ground proximity warnings shortly after takeoff from Delhi, losing about 900 feet in altitude before safely recovering and continuing to Vienna. The Directorate General of Civil Aviation is investigating the incident, having summoned Air India's head of safety and removed the pilots from duty amid heightened scrutiny of the airline's operational safety. Explain It To Me...
Read more