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.
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Noida, Ghaziabad to face water shortage for 20 days until November 2
Starting from Sunday, residents in Noida and Ghaziabad will experience a 20-day water shortage as the UP Irrigation Department suspends Ganga water supply for maintenance work on the upper Ganga canal in Haridwar. Approximately 10 lakh people in areas like Indirapuram, Vasundhara, and Vaishali will be affected, with alternative water arrangements in place but limited availability and pressure. Residents in affected areas are advised to conserve water, utilize alternative sources, and expect disruptions until November...
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