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‘Foxconn sees brisk business until January’

Bloomberg Terry Gou, chairman of iPhone-assembler Foxconn Technology Group, said his company’s business will remain strong at least until January amid growing concern over cooling demand for Apple’s flagship product. “Our business is very good up till at least January,” Gou said in an interview outside a polling station in Taipei, before voting in local elections. He didn’t elaborate on ...

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Thailand’s Minor mulls $350mn Leela deal

Bloomberg A consortium including Thailand’s Minor International Pcl is considering an investment of about $350 million in Indian hospitality firm Hotel Leelaventure Ltd., according to a person with knowledge of the matter. The proposed bid, which is also backed by investment firm Trinity White City Ventures, includes a mix of equity and debt, the person said. The consortium would end ...

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Lodha Group founder is India’s richest property tycoon with $3.8bn wealth

Bloomberg Mangal Prabhat Lodha, the founder of Lodha Group and a lawmaker representing India’s ruling Bharatiya Janata Party, has become the nation’s richest real estate developer after the company’s sales increased 22 percent. Lodha’s wealth is estimated at $3.8 billion, according to the GROHE Hurun India Real Estate Rich List. Lodha, who started the real estate business three decades ago ...

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