Adidas, Nike supplier Hong Fu enters India to foot manufacturing push

The Panapakkam facility is projected to generate employment for 25,000 individuals, with 85 per cent of the workforce set to be women. Photograph: Shannon Stapleton/Reuters Taiwanese footwear major Hong Fu Industrial Group — a supplier to Nike, Converse, Vans, UGG,

Sensex, Nifty surge on buying in IT stocks

Benchmark equity indices Sensex and Nifty maintained their winning run on Thursday, rising 1 per cent, propelled by buying in IT stocks amid a rally in the US markets and fresh foreign fund inflows. Photograph: Shailesh Andrade/Reuters Rallying for the