Tag Archives: Seek

Bond investors seek clarity on future rate cuts & fiscal math

Bond investors will be focussed on what the Reserve Bank of India (RBI) governor Shaktikanta Das says on future rate cuts when the monetary policy committee (MPC) announces its rate decision on Friday. The corporate tax cut by the government and unchanged borrowing plan in the second half of the year has made dealers nervous on India’s fiscal position which could limit the central ... Read More »

Apple Partner Wistron Said to Seek Permission to Expand Bengaluru Smartphone Parts Plant

Smartphone component maker Wistron Corp, which counts Apple Inc among its customers, has applied for permission to expand its plant in Bengaluru, a high-ranking regional government official said on Monday. The Taiwanese contract manufacturer has also requested that its application be fast-tracked, the official at the state government of Karnataka told Reuters. The move comes less than two weeks after ... Read More »

Foxconn Seals $3.5 Billion Takeover of Sharp as Execs Seek to Shake Off Doubts

Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp can turn around its ebbing fortunes. At a packed news conference following the signing of the $3.5 billion deal, Foxconn CEO Terry Gou ducked questions about ... Read More »