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...
12 Jul, 2023, 05.19 PM IST
Foxconn to apply for chipmaking incentives after pulling out of $19.5 billion Vedanta JVOn Monday, Foxconn withdrew from its semiconductor JV with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narend...
11 Jul, 2023, 06.24 PM IST
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...
11 Jul, 2023, 05.17 PM IST
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...
11 Jul, 2023, 12.06 PM IST
Vedanta shares drop 3% after Foxconn withdraws from semiconductor JVVedanta and Foxconn terminated their joint venture to make semiconductors in India by "mutual agreement" to "explore more diverse developme...
11 Jul, 2023, 11.20 AM IST
Foxconn, Vedanta pull the plug on semiconductor JVUnion Ministers Ashiwini Vaishnaw and Rajeev Chandrasekhar say the move won’t impact India’s chip mission.
11 Jul, 2023, 06.00 AM IST
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.
10 Jul, 2023, 09.14 PM IST
Timeline of the $19.5 billion Foxconn-Vedanta chip plan in IndiaTaiwan's Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Prime Minister Narendra Modi'...
10 Jul, 2023, 05.51 PM IST
Foxconn pings other large business houses as Vedanta chip JV stallsVedanta Resources Ltd (VRL), the parent entity of vedanta limited recently raised $450 million from two of its principal rivals — Trafigura...
27 Jun, 2023, 10.45 AM IST
Vedanta-Foxconn JV shares details of chip tech partnersOf the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akars...
19 Apr, 2023, 08.06 AM IST
Vedanta-Foxconn's chip making ambitions have hit a speed bumpDeal stalled over technology transfer, duration of partnership and investment issues
13 Apr, 2023, 08.00 AM IST
Foxconn, Vedanta plan tech tie-up with STM for India semiconductor manufacturing unitFoxconn will continue to be the lead partner in the joint venture that was announced last February. "The government is bullish on Foxconn, ...
04 Feb, 2023, 09.35 AM IST
Foxconn, Vedanta plan tech tie-up with STM for semiconductor manufacturing unit in IndiaThe Vedanta-Foxconn consortium is one of the five applicants seeking government incentives under a $10-billion package announced in Decembe...
04 Feb, 2023, 07.09 AM IST
Vedanta clarifies semiconductor manufacturing to be done by holding company VolcanEarlier, Vedanta and Foxconn had said they will invest over ₹1.54 lakh crore to set up a display fabrication and semiconductor manufacturin...
16 Sep, 2022, 09.39 AM IST
Gujarat wasn't even in competition for Vedanta-Foxconn semiconductor project, claims Maha opposition leader Danve"Maharashtra, Telangana and Karnataka were competing for the Foxconn-Vedanta semiconductor manufacturing plant. It requires a very high-end...
14 Sep, 2022, 12.35 PM IST
Vedanta-Foxconn JV picks Gujarat to set up semiconductor unitVedanta-Foxconn JV is “at a very advanced stage with Gujarat for their investments” and the deal may be signed and announced this week.
12 Sep, 2022, 09.28 PM IST
Vedanta-Foxconn joint venture told to give info on chip expertiseCompanies need to demonstrate clear expertise in the specialised field of semiconductor manufacturing to qualify for incentives under India...
05 Jul, 2022, 08.16 PM IST