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July 31 (Reuters) - Apple's (AAPL.O) main supplier, Foxconn Technology Group (2317.TW), is planning to invest close to $500 million to build two component factories in India, Bloomberg News reported on Monday, citing people familiar with the matter. These factories will be built in the southern state of Karnataka and at least one of them will produce Apple parts, including for iPhones, the report said. Foxconn and Apple did not immediately respond to Reuters requests for comment. Karnataka has already approved investment to the tune of 80 billion rupees ($972.88 million) by a Foxconn unit in March, making it the third southern Indian state after Andhra Pradesh and Tamil Nadu to allow Foxconn plants. ($1 = 82.2300 Indian rupees)Reporting by Urvi Dugar and Chavi Mehta in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
Persons: Urvi Dugar, Chavi Mehta, Arun Koyyur Organizations: Foxconn Technology, Bloomberg, iPhones, Apple, Tamil, Thomson Locations: India, Karnataka, Andhra Pradesh, Tamil Nadu, China, Kancheepuram, Chennai, Bengaluru
[1/2] A motorist rides past a hoarding decorated with flowers to welcome G20 foreign ministers in New Delhi, India, March 1, 2023. REUTERS/Amit Dave/File photoCHENNAI, India/BRUSSELS, July 28 (Reuters) - The Group of 20 (G20) major nations failed on Friday to agree on concrete targets to cut dangerous emissions, releasing only a statement that dismissed current measures to address climate change as "insufficient". Members could not agree on depleting carbon budgets, historical emissions, net-zero goals and the issue of financing to support developing countries, the document showed. China and oil-rich Saudi Arabia backed away from making commitments in the G20 talks, members of a European delegation said. The EU's Environment Commissioner said the G20 countries were "nowhere" on their commitments to address climate change.
Persons: Amit Dave, Virginijus Sinkevicius, Sarita Chaganti Singh, Aftab Ahmed, Kate Abnett, John Stonestreet, Angus MacSwan, Andrew Heavens Organizations: REUTERS, United Arab Emirates, Thomson Locations: New Delhi, India, CHENNAI, BRUSSELS, North America, Europe, China, Indian, Chennai, Saudi Arabia, Delhi, Brussels
[1/5] A Domino's staff member stands next to a sign for a 49-rupee pizza at a restaurant in Noida, India, July 4, 2023. A: With the world's cheapest Domino's pizza. "You are coming to the store or open the app, because there is a 49-rupee callout," he said, adding that Domino's global team supported the plans. Domino's global HQ referred queries about India to its local franchisee. When Khetarpal visited Domino's stores in Chennai and other cities, he said he saw customers emptying out their pockets and only being able to scrape together 49 rupees.
Persons: Adnan Abidi, Sameer Khetarpal, Khetarpal, Merrill Pereyra, They'll, Akshay Jatia, Westlife, It's, Devanshu Bansal, Kiran Raj, Praveen Paramasivam, Aditya Kalra, Saurabh Sharma, Jatindra, Brenda Goh, Hilary Russ, Abhirup Roy, Miyoung Kim, Pravin Organizations: REUTERS, U.S, India, Sapphire Foods, Domino's, Burger King's, Restaurant Brands, Euromonitor, Yum Brands, Global Financial Services, Pravin Char, Thomson Locations: Noida, India, CHENNAI, DELHI, America, Shanghai, San Francisco, Burger, zeroing, Pizza, New Delhi, Chennai, Burger King's India, United States, U.S, Lucknow, Bhubaneswar, New York, Singapore
BENGALURU, July 14 (Reuters) - India's space agency made final preparations on Friday for the launch of a rocket that will attempt to land a robotic rover on the moon's south pole, a first in space exploration. The Chandrayaan-3 spacecraft would also be the first to land at the lunar south pole, an area of special interest for space agencies and private space companies because of the presence of water ice that could support a future space station. The Indian Space Research Organisation (ISRO) said it had completed a review of the mission readiness ahead of Friday's scheduled launch. India's much-awaited moon mission Chandrayaan-3 has been scheduled for launch on July 14, 2023. "Joining a billion Indians in wishing great luck for #Chandrayaan3 mission!"
Persons: ISRO's, Narendra Modi's, Pawan Chandana, Nivedita, Kevin Krolicki, Jamie Freed Organizations: Soviet, Indian Space Research Organisation, ISRO, Skyroot Aerospace, Thomson Locations: BENGALURU, India, United States, Soviet Union, China, Andhra Pradesh, Bengaluru
Apple has long depended on China for manufacturing, but the relationship is getting complex. Two recent developments suggest India's push to become a viable alternative to China — and benefit Apple — are mixed. "Foxconn has determined it will not move forward on the joint venture with Vedanta," Foxconn said in a statement to Reuters. That's a critical blow to Modi, who set out chip manufacturing as a strategic part of his ambitions to level up India. Vedanta chairman Anil Agarwal tweeted that the joint venture meant "India's own Silicon Valley is a step closer now."
Persons: Foxconn, , China's, Luxshare, JP Morgan, Tim Cook, Modi, Madhuri Dixit, Mukesh Ambani, Narendra Modi, That's, Europe's, Anil Agarwal, Agarwal Organizations: Apple, Apple ., Tata Group, Bloomberg, Vedanta, Reuters Locations: China, India, Asia, China's hawkishness, Taiwan, Vietnam, Beijing, Mumbai, iPhones, Karnataka, Modi's, Gujarat, Cupertino
BENGALURU, June 30 (Reuters) - India's Karnataka High Court on Friday dismissed Twitter's plea challenging the federal government's orders to block tweets and accounts and imposed a fine of 5 million rupees ($60,943.65), a lawyer for Twitter told Reuters. The court on Friday ruled that Twitter was served notices, to which it did not comply, India's Deputy Minister for Information Technology Rajeev Chandrasekhar said in a tweet. The U.S.-based firm had last year asked the court to overturn some government orders to remove content from the social media platform. The country's IT act allows the government to block public access to content in the interest of national security, among other reasons. ($1 = 82.0430 Indian rupees)Reporting by Indranil Sarkar and Chris Thomas in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
Persons: Twitter's, Jack Dorsey, Narendra Modi's, Information Technology Rajeev Chandrasekhar, Chandrasekhar, Twitter, Elon Musk, Indranil Sarkar, Chris Thomas, Dhanya Ann Thoppil Organizations: Twitter, Reuters, Information Technology, Elon, Thomson Locations: BENGALURU, Karnataka, U.S, Bengaluru
REUTERS/Amit Dave/File PhotoPARIS/DELHI, June 28 (Reuters) - Indian aerospace suppliers see record jet orders by the country's top two carriers boosting domestic parts manufacturing and aircraft repairs, but argue the government must do more to support production. Rising traffic, a search for alternative sourcing to China and orders this month from Air India and IndiGo for nearly 1,000 jets combined have made India a key market for aerospace. "We deserve a piece of that pie," added Sardessai, whose company makes engine and plane interior parts. While he could not estimate how much small suppliers will benefit, any subsidy or incentive could be helpful. AEROSPACE INCENTIVESSome suppliers like Sardessai and Aravind Melligeri, CEO of aerospace-parts producer Aequs, said India should create a production-linked incentive scheme for aerospace as it has done with other sectors.
Persons: Vallabhbhai, Amit Dave, Shekhar Sardessai, Safran, Alaric Diniz, Aravind Melligeri, Aequs, Narendra Modi's, Japan's Suzuki, Sachin Agarwal, Agarwal, Sardessai, Ankit Patel, Patel, Allison Lampert, Aditi Shah, Ben Klayman, Matthew Lewis Organizations: An Air, An Air India Airbus, International Airport, REUTERS, Air, IndiGo, Reuters, Kineco Group, Deloitte, Indian, Apple, Japan's, Hyundai, PTC Industries, PTC, Electric, Airbus, Boeing, Thomson Locations: An Air India, Ahmedabad, India, PARIS, DELHI, Indian, China, Air India, Paris, Goa, KS, Uttar Pradesh, Russian, Bengaluru, Europe, Delhi
Remote jobs aren't disappearing — they're just moving out of expensive coastal metros like New York and San Francisco. Faced with labor shortages and rising wages, companies are hiring for more remote jobs overseas and in smaller U.S. cities. Where remote jobs are goingRemote hiring is expanding beyond its traditional strongholds, like India, creating new "Zoomtowns" overseas and in pockets of the U.S. Midwest. The number of North American companies with remote workers in Central America and the Caribbean, for example, has grown 300% between 2020 and 2023, according to new research from Lightcast. How to stand out in a more competitive remote job market
Persons: Nicholas Bloom, Kim Rutledge, Rutledge, George Denlinger, Robert Half, Layla O'Kane, Bloom Organizations: Companies, U.S . Midwest, Stanford, U.S, U.S ., Lightcast Locations: New York, San Francisco, Phoenix, Asheville, Boise, India, U.S, Mexico, Philippines, Central America, Caribbean, Lightcast, Austin, Monterrey, Bengaluru, California, Robert Half . Illinois , Ohio, Nebraska, Denlinger
India monsoon reaches Kerala after longest delay in 7 years
  + stars: | 2023-06-08 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Sivaram V./File PhotoMUMBAI, June 8 (Reuters) - Monsoon rains reached India's southernmost Kerala coast on Thursday, offering relief to farmers after a delay of more than a week, marking their latest arrival in seven years. The monsoon, the lifeblood of the country's $3 trillion economy, delivers nearly 70% of the rain India needs to water farms and recharge reservoirs and aquifers. "Southwest Monsoon has set in over Kerala today, the 8th June, 2023, against the normal date of 1st June," the state-run India Meteorological Department (IMD) said in a statement. The IMD confirms the monsoon has begun after taking into account rainfall measured at weather stations in the southern state of Kerala and westerly wind speeds. Conditions are favourable for the monsoon to further advance into the central Arabian Sea and some parts of Kerala, Tamil Nadu and Karnataka states, the IMD said.
Persons: Rajendra Jadhav, Mayank Bhardwaj, Tom Hogue, Barbara Lewis Organizations: REUTERS, India Meteorological Department, IMD, Thomson Locations: Indian, Kochi, MUMBAI, Kerala, India, Tamil Nadu, Karnataka
The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in Bangalore to Kolkata, the capital of the eastern state of West Bengal. India’s railway minister, Ashwini Vaishnaw, said that he had ordered an investigation into the cause and that those affected by the crash would receive compensation. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. Dozens of trains had been canceled but crews were rushing to restore service after pushing off the train cars involved in the crash off the tracks. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others.
Persons: Ashwini Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Vaishnaw, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Sunday, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bangalore, Kolkata, West Bengal, Bahanaga Bazar, Bhubaneswar, Odisha’s, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad
A second passenger train, heading in the opposite direction, then struck some of the dislocated cars. More than 2,200 passengers in all were onboard the passenger trains, according to railway officials, and at least 23 cars were derailed. The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in the southern city of Bengaluru to Kolkata, the capital of the northeastern state of West Bengal. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others.
Persons: Ashwini Vaishnaw, Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bengaluru, Kolkata, West Bengal, Odisha, Bhubaneswar, Odisha’s, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad
The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in Bangalore to Kolkata, the capital of the eastern state of West Bengal. India’s railway minister, Ashwini Vaishnaw, said that he had ordered an investigation into the cause and that those affected by the crash would receive compensation. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others. Within hours of Friday’s disaster, some opposition politicians were already calling for the resignation of Mr. Vaishnaw, India’s railway minister.
Persons: Ashwini Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Vaishnaw, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bangalore, Kolkata, West Bengal, Bahanaga Bazar, Bhubaneswar, Odisha’s, Odisha, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad
Factbox: India's deadliest rail accidents
  + stars: | 2023-06-02 | by ( ) www.reuters.com   time to read: +2 min
June 3 (Reuters) - At least 207 people were killed and 900 injured when two passenger trains collided in Odisha on Friday, according to government officials in the eastern Indian state, in one of India's worst rail accidents in years. Here are details of some of the deadliest rail accidents in India in recent decades:June 1981: At least 800 people are killed when seven rear coaches of an overcrowded passenger train are blown off the track and fall into a river during a cyclone. July 1988: An express train leaves the rails and plunges into a monsoon-swollen lake near Quilon in southern India, killing at least 106 people. October 2005: Several coaches of a passenger train derail in southern Andhra Pradesh state, near Velugonda. January 2017: At least 41 people are killed after several coaches of a passenger train go off the rails in southern Andhra Pradesh state.
Persons: Akriti Sharma, Rosalba O'Brien Organizations: Reuters, REUTERS, Thomson Locations: Odisha, India, Quilon, Delhi, Balasore, Calcutta, Andhra Pradesh, Velugonda, Fatehpur, Uttar Pradesh, India's Amritsar, Bengaluru
BENGALURU, June 1 (Reuters) - Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will start manufacturing iPhones in the southern Indian state of Karnataka by April 2024, the state government said on Thursday. Foxconn, the world's largest contract electronics manufacturer, has set a target of manufacturing 20 million iPhones a year at the plant in Devanahalli, on the outskirts of state capital and tech hub Bengaluru. Apple has been shifting production away from China after the country's strict COVID-related restrictions disrupted the production of new iPhones and other devices in the country. The tech giant is also looking to avoid a hit to its business due to tensions between Beijing and Washington. A spokesperson for Foxconn did not immediately respond to a request for comment from Reuters.
Persons: Foxconn, Munsif, Shilpa Jamkhandikar, David Goodman, Kim Coghill Organizations: Apple Inc, Apple, Reuters, Thomson Locations: BENGALURU, Karnataka, Foxconn, Devanahalli, Bengaluru, China, Beijing, Washington
India monsoon advances after stalling for 11 days
  + stars: | 2023-05-30 | by ( ) www.reuters.com   time to read: +1 min
MUMBAI, May 30 (Reuters) - India's monsoon rains advanced into some more parts of southwest Bay of Bengal after stalling for the past 11 days at a far-flung island, weather department said on Tuesday. The monsoon, the lifeblood of the country's $3 trillion economy, delivers nearly 70% of the rain that India needs to water farms and recharge reservoirs and aquifers. Monsoon rains arrived over the remote Andaman and Nicobar Islands on May 19, but then didn't make any progress until May 30, the India Meteorological Department (IMD) said. This year, the onset of the monsoon over Kerala is likely to be slightly delayed. The onset of monsoon rains over the southern Indian state is likely to be on June 4, with a model error of plus/minus 4 days.
Amazon's cloud unit to invest $13 billion in India by 2030
  + stars: | 2023-05-18 | by ( ) www.reuters.com   time to read: +2 min
The latest investment will be used to build its cloud infrastructure in India and it will support over 100,000 full-time jobs annually, AWS said. AWS' total planned investment in India adds up to about $16.4 billion by 2030, the company said in a statement. The cloud platform offers more than 200 services, including storage, robotics and artificial intelligence. The country is currently in the process of drafting a cloud and data center policy to oversee the sector. A host of global companies, including Microsoft Corp (MSFT.O) and Alphabet Inc's (GOOGL.O) Google are ramping up cloud investments in India, betting on the rising digital consumption in one of the fastest-growing markets.
Health Minister Mansukh Mandaviya and federal and state regulators attended the session in February, according to a statement from the health ministry that did not mention cough syrups. A source with knowledge of the matter said the policy change could mean increased oversight of India's $41 billion pharmaceutical industry, which is the world's largest supplier of generic medicines. Increased testing of cough syrups as well as of raw materials for drugs in general is one of the steps being considered, said the source. India has acted against a second Indian company whose cough syrups were linked to the deaths of 19 kids in Uzbekistan, including the arrest of three of its employees. Indian health officials have expressed concern that the incidents of contaminated syrups will harm its pharmaceutical industry.
REUTERS/Dado Ruvic/Illustration/File PhotoBENGALURU, May 15 (Reuters) - Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the state's IT minister said on Monday. loadingReuters in March reported that Foxconn had won an order to make AirPods for Apple and planned to build a factory in India to manufacture the products. Apple has been shifting production away from China, where prior COVID restrictions disrupted the manufacturing of new iPhones and other devices. Foxconn in late March received approval from the Karnataka government for a $968 million investment in the state. Reporting by Chris Thomas in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
At the same time, they cautioned that Congress' victory on Saturday in Karnataka state, home to the booming tech hub of Bengaluru, was largely due to local factors. The party has won just one state election since December 2018, crumbling under the onslaught of the BJP's Hindu nationalism, the government's generous social spending, Modi's popularity, and its own leadership vacuum. "This is an amazing beginning," said Rajeev Gowda, the head of research at Congress and a former federal lawmaker. "We need to adapt these learnings to every election-going state in 2023 and more importantly to parliamentary elections next year," he said. Asked by the India Today-Axis poll how they would vote if the Karnataka election had been a national election instead, 10% of the respondents shifted to Modi, enough to overturn the result.
At the same time, they cautioned that Congress' victory on Saturday in Karnataka state, home to the booming tech hub of Bengaluru, was largely due to local factors. The party has won just one state election since December 2018, crumbling under the onslaught of the BJP's Hindu nationalism, the government's generous social spending, Modi's popularity, and its own leadership vacuum. "This is an amazing beginning," said Rajeev Gowda, the head of research at Congress and a former federal lawmaker. "We need to adapt these learnings to every election-going state in 2023 and more importantly to parliamentary elections next year," he said. Asked by the India Today-Axis poll how they would vote if the Karnataka election had been a national election instead, 10% of the respondents shifted to Modi, enough to overturn the result.
[1/5] Supporters of India's main opposition Congress party celebrate after the initial poll results in Karnataka elections at the party headquarters, in New Delhi, India, May 13, 2023. REUTERS/Adnan AbidiNEW DELHI, May 13 (Reuters) - India’s main opposition Congress party registered an emphatic win in elections in the southern state of Karnataka on Saturday, defeating the ruling Bharatiya Janata Party (BJP) in a big boost to its prospects ahead of national elections due next year. Congress won 135 seats against 66 for the BJP in the 224-member legislature, the Election Commission website showed at the end of counting. In contrast, the BJP won 15 states or federal territories either on its own or in alliance with regional parties. "(The) Congress party stood with the poor in Karnataka, we fought on the issues of the poor," Gandhi told reporters.
At least 22 people, many of them children, were killed after a double-decker tourist boat capsized in the southern Indian state of Kerala on Sunday evening. Rescuers had found eight people with injuries by the next morning, with four of them in critical condition. The boat was carrying more than 40 sightseers, according to survivors, when it capsized at around 7 p.m.“The boat was overcrowded,” said Abdul Nazar, a local police officer. Local media reported that the vessel also lacked a required safety certificate, and was not permitted to operate that late in the day. Five passengers swam ashore and were being treated at a nearby hospital, according to V. Abdurahiman, a local legislator, who is overseeing the rescue operation.
People are evacuated by the Indian army to a temporary shelter as they flee ethnic violence that has hit the northeastern Indian state of Manipur, near Imphal on May 7, 2023. Manipur, a lush, hilly state which borders Myanmar, has long history of civil conflict since modern India’s creation. The divide between the Meiteis and the other ethnic groups is cut sharply across political and geographic lines. People wait at a temporary shelter in a military camp, after being evacuated by the Indian army, as they flee ethnic violence that has hit the northeastern Indian state of Manipur on May 7, 2023. Modi, who is in the southern Indian state of Karnataka to campaign for state elections, is yet to speak publicly about the unrest, sparking widespread anger among Manipur’s residents.
So how did India’s population get so big, and how long will it last? The rise in population despite a drop in the fertility rate can be explained by “demographic momentum.”“When the fertility rate drops, the population continues to grow for several decades. So, even with a replacement or sub-replacement fertility rate, India’s population will continue to grow slowly because of the considerable number of women entering their reproductive years. India’s population growth is slowing downIndia may have overtaken China in total population, but UN data also shows that its growth rate has slowed. Uttar Pradesh, for instance, is home to 17% of India’s population but has only 9% of its industrial jobs.
CNN —Kirsten Neuschäfer has become the first woman to win the Golden Globe Race. Entrants race solo, non-stop, and in boats that are reminiscent of the ‘Golden Age’ of solo sailing – the yachts have to be designed before 1988 and are without electronic instruments or autopilots. The race is based on the 1968-69 Sunday Times Golden Globe Race which saw Sir Robin Knox-Johnston become the first person to circumnavigate the globe, sailing solo on his boat Suhaili without stopping. By the time the South African Neuschäfer crossed the line Thursday, only two other sailors were on course to complete the race without stopping. Neuschäfer became the first women to ever win the race.
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