Tag «Electronics»

Foxconn’s India subsidiary files draft papers for ₹5,000 cr IPO

Foxconn’s India subsidiary files draft papers for ₹5,000 cr IPO

By Administrator_India Capital Sands  MUMBAI : Taiwanese mobile phone maker Foxconn’s Indian unit Bharat FIH Ltd filed draft papers for a proposed public listing in India to raise as much as ₹5,003.8 crore on Wednesday. The proposed initial share sale aims to raise ₹2,501.9 crore of fresh capital. In addition, a Foxconn unit holding shares of Bharat …