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FOXCONN VEDANTA PACT
IT earnings off to a good start in Q1; Nazara says GST impact minimalIndia’s top software exporter Tata Consultancy Services kicked off the earnings season with a forecast-beating double-digit growth in Q1 ne...
Vedanta to enter the chip market this year after Foxconn splitIn an address to the shareholders, Agarwal said Vedanta will "this year, subject to government approval" begin its foray to setup its semic...
Vedanta's debt pile is heavier than it thought with Foxconn pulling the plugTaiwanese firm Foxconn has pulled out of a JV with Indian mining firm Vedanta over concerns surrounding the latter company’s finances, acco...
Foxconn reaffirms India commitment after Vedanta deal falls throughAccording to a statement issued by the company, "This is not a negative. There was recognition from both sides that the project was not mov...
Premium products power online sales as mass-market hit by slowdown; ISRO grey cells fuel spacetech startupsEcommerce sales — excluding smartphones — have surged 24% in Q2. Industry insiders and research firms indicate that the growth in smartphon...
Foxconn dumps $19.5 billion Vedanta chip plan in blow to IndiaFoxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.
Timeline of the $19.5 billion Foxconn-Vedanta chip plan in IndiaTaiwan's Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Prime Minister Narendra Modi'...
Vedanta to take over Foxconn chip JV from holding companyVedanta also said it would also take over a display glass manufacturing venture from Volcan Investments, Vedanta's holding company.
Vedanta-Foxconn chip factory set to get green lightThis will pave the way for the Centre’s bid to establish India as a global hub for semiconductors.
India visit helped deepen tieup, seek support in new areas: Foxconn ChairmanInvestment talks with state govts on but no definitive pacts inked yet, says Taiwanese company
Vedanta's Rs 1.54 lakh crore semiconductor plans won't chip away at liquidity: S&PVedanta and its partner and Taiwanese electronics manufacturing giant Foxconn last week signed a pact with the Gujarat government for setti...
- Vedanta Resources' semiconductor plans won't chip away at liquidity: S&P
Vedanta not to prune USD 2 billion capex target for FY23: CEOOil-to-metals conglomerate Vedanta Ltd on Wednesday said that it will not prune its USD 2 billion capex target for the current financial ye...
Vedanta looks to become $100 billion company in 8 yearsThe company in its growth plans highlighted that in the current fiscal it has planned around USD 2 billion capex investment in sectors like...
Govt to extend window for application to semiconductor chip schemeOfficials say that the government has been in talks with industry heavyweights such as Intel, Samsung, Global Foundries and the Taiwan Semi...
Superb response to govt's semiconductor manufacturing push, says Ashwini VaishnawThe Union Cabinet had on December 15 approved a Rs 76,000-crore scheme for promoting semiconductor and display manufacturing which focuses ...
Vedanta, Foxconn to form joint venture to manufacture semiconductors in IndiaAccording to the MOU signed between the two companies, Vedanta will hold the majority of the equity in the JV, while Foxconn will be the mi...