The Indian mining major Vedanta has inked an MoU with Taiwanese electronics manufacturing company, Hon Hai Technology Group (better known as Foxconn) to form a joint venture (JV) for manufacturing semiconductors in India.
The Indian conglomerate Tata Group emerged as the most valuable brand from India and also in South Asia. It is the only brand from the country in the top 100. Global Rank - 78; Brand value - US$23.9 billion.
India has lifted the under-19 Asia cricket Cup by defeating Sri Lanka by nine wickets in a rain-interrupted One-Day International final in Dubai through the Duckworth-Lewis-Stern method.
Apple Inc. Its stock market value reached $3 trillion and became the first company in the world to do so. Apple's market cap reached $182.86 per share, making it the first company in the world to touch the $3 trillion mark.