Foxconn writes off entire $200-mn Snapdeal investment

Binu Paul

FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its ....

15 May, 2018

Kavin Mittal gets 24-fold hike in FY16

Disha Sharma

Kavin Bharti Mittal, CEO at Hike Ltd, received an almost 24-fold increase in compensation for 2015-16, as the messaging app expanded ....

20 January, 2017

PressPlay co-founder Anand Sinha joins FreeCharge

Binu Paul

Snapdeal-controlled digital payments platform FreeCharge has appointed Anand Sinha, co-founder and former chief executive of ....

19 December, 2016

Why Freecharge badly needs a recharge

Arti Singh

The news report last week that Japanese telecom and internet conglomerate Softbank Group Corp is in talks to invest in FreeCharge ....

13 October, 2016

Freecharge hires Karthik Rajeshwaran as director of strategy

Binu Paul

  Snapdeal-controlled digital payments platform FreeCharge has appointed former Obi Mobiles executive Karthik Rajeshwaran ....

12 October, 2016

After Foxconn and Tencent, SoftBank lines up for investment in FreeCharge

Priya Prasad

Japanese internet conglomerate SoftBank Group Corp is reportedly in talks to invest between $150 and $200 million in Snapdeal-owned ....

6 October, 2016

Exclusive: Paytm valued at $4.8 bn in new funding round

Debjyoti Roy

One 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, has received commitment of $60 million (Rs ....

29 August, 2016

Exclusive: Snapdeal eyes nearly $1.2 bn valuation for FreeCharge

Bruhadeeswaran R & Manu P Toms

Online marketplace Snapdeal is looking to sell a stake in unit FreeCharge at a valuation of as much as $1.2 billion (Rs 8,000 ....

12 August, 2016

BlackBerry deal bolsters Foxconn's makeover gambit


Foxconn's BlackBerry Ltd deal marks the Taiwanese firm's biggest step up the value chain - a chance to not just assemble smartphones, ....

24 December, 2013

Apple's Image Makeover: Foxconn Chairman Pledges To Raise Pay In China, Invest In Hainan


Foxconn Technology Group will keep on increasing worker salaries in China and cutting the hours of work, Chairman Terry Gou said ....

2 April, 2012

Foxconn Plans To Use 1M Robots In 3 Years


Taiwan's Foxconn Technology Group, known for assembling Apple's iPhones and iPads in its China factories, plans to use 1 million ....

1 August, 2011