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Foxconn posts 17% rise in Q3 profit

Mint Ahmedabad

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November 13, 2025

Taiwan’s Foxconn, the world’s largest contract electronics maker, posted a forecast-beating 17% rise in third-quarter profit on Wednesday, fuelled by the sustained strength in demand for artificial intelligence (AI) servers that it expects to drive growth next year too.

Net profit for the July-September period for Nvidia’s biggest server maker and Apple’s top iPhone assembler was T$57.67 billion ($1.89 billion), higher than the con

WEITERE GESCHICHTEN VON Mint Ahmedabad

Mint Ahmedabad

Tesla to invest $2 billion in Elon Musk’s xAI, cancel two EV models

Tesla reported a 61% drop in profit for the fourth quarter after losing its edge as the world’s leading electric-vehicle maker and said it would invest $2 billion in Elon Musk’s private artificial-intelligence firm, after shareholders’ views were mixed on the move.

time to read

3 mins

January 30, 2026

Mint Ahmedabad

‘Govt needs startup mindset; making rules not enough’

The government needs to play an entrepreneurial role, taking smart risks in emerging areas rather than merely making the rules, the Economic Survey 2025-26 said, pitching for an overhaul of the Centre's role and bureaucracy's mindset.

time to read

1 mins

January 30, 2026

Mint Ahmedabad

Airbus's India fleet to triple by 2035

India’s commercial aircraft fleet of over 100 seats will triple to 2,250 from the existing 850 over the next decade, as the country grows to become the third-largest civil aviation market in the world by 2035, a senior official of the aircraft maker Airbus said on Thursday.

time to read

1 min

January 30, 2026

Mint Ahmedabad

Mint Ahmedabad

Sebi’s corporate bond exit finds no takers

A unique facility that allows investors to exit corporate bonds has failed to catch on

time to read

3 mins

January 30, 2026

Mint Ahmedabad

'India must move up global value chains'

India needs to shift to hi-tech manufacturing, and the country’s local businesses, especially small enterprises, should integrate into global value chains to focus on 'strategic resilience” rather than complete self-reliance, according to the Economic Survey.

time to read

3 mins

January 30, 2026

Mint Ahmedabad

Dabur Q3 profit stable on tax cut

Dabur reported third-quarter profit largely in line with analysts’ estimates on Thursday, as the demand boost from the country’s consumption tax cuts offset the onetime charge from a labour code revision.

time to read

1 min

January 30, 2026

Mint Ahmedabad

Lord's Mark outlines multi-state investment roadmap

India's national priorities in clean energy, healthcare access, and domestic manufacturing are moving into an accelerated execution phase, with states actively driving investible, future-ready infrastructure.

time to read

2 mins

January 30, 2026

Mint Ahmedabad

Mint Ahmedabad

Firms raised ₹10.7 tn via primary markets; IPOs totalled ₹1.6 tn

Cos from tech, fintech, renewable energy have entered Dalal Street

time to read

2 mins

January 30, 2026

Mint Ahmedabad

The world's first AI constitution: A turning point we can't ignore

Anthropic's document for AI self-governance is a novelty that highlights the need of wider oversight

time to read

3 mins

January 30, 2026

Mint Ahmedabad

Mint Ahmedabad

EU Gateway Office to not fast-track visas

The European Union’s (EU) decision to set up a “Legal Gateway Office” in India under the EU-India Comprehensive Framework of Cooperation on Mobility, announced alongside the conclusion of the India-EU free trade agreement (FTA), will not create any special immigration rights or fast-track visas for Indians seeking to work or study in Europe, lawyers say.

time to read

1 mins

January 30, 2026

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