EV Update Media – Electric Vehicles and Battery Industry News & Updates

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

India Others

India Roundup: Foxconn Postpones Bharat FIH’s IPO Plan

Foxconn decided to postpone its Indian subsidiary’s IPO plan due to current market conditions. Google’s business in India may be negatively impacted after being fined by the country’s antitrust regulator for anti-competitive practices.

Foxconn postpones Bharat FIH’s IPO plan

According to Sina, Foxconn’s FIH said it would delay its IPO plan for its Indian business Bharat FIH until the stock market condition improves. FIH said the company does not guarantee whether or when the spin-off and IPO plan will proceed.