Airlines

Vedanta, With Foxconn, iPhone Maker, To Produce Chips In India

Vedanta, With Foxconn, iPhone Maker, To Produce Chips In India

Foxconn, an iPhone assembler company, stated on Monday that it has partnered with Indian conglomerate Vedanta Ltd to produce chips or semiconductors in the South Asian country. With this, the electronic giant is looking to diversify its business amid the global chip shortage.   Vedanta is one of the world’s leading diversified natural resources companies, mainly…

Akasa Air All Set For The Big Take Off, Orders 72 Aircrafts From Boeing

Akasa Air All Set For The Big Take Off, Orders 72 Aircrafts From Boeing

Boeing, an American jet manufacturer, and Akasa Air, India’s newest airline-to-be revealed on Tuesday that it has placed an order for 72 737 MAX aeroplanes. The airline, which is mainly controlled by ace investor Rakesh Jhunjhunwala, was rumoured to be ordering roughly 70 Boeing airplanes on July 28, 2021. Akasa was founded by Dube and…