Foxconn has invested $1.48 billion in its India operations, specifically in its Tamil Nadu-based unit, Yuzhan Technology. This investment supports Apple’s strategy to diversify iPhone production beyond China, with a significant portion of iPhones sold in the US now sourced from India. Post navigation Centre issues draft rules to delicense lower segment of 6 GHz band for indoor use Kotak Mahindra MF acquires 6.6% stake in Ami organics for Rs 301 crore