Economic TimesLean R·
Foxconn infuses Rs 351 crore into India arm
New Delhi: Electronics manufacturing giant Foxconn has infused USD 37.2 million, or around Rs 351 crore, in its India arm Foxconn Hon Hai Technology India Mega Development Private Limited, said a regulatory filing.Foxconn has infused the fund through its Singapore-based subsidiary.With the latest transaction, Foxconn Singapore's cumulative stake in the Chennai-based subsidiary has increased to 99.99 per cent at a valuation of USD 2.82 billion or about Rs 26,600 crore."Subsidiary, Foxconn Singa…
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