China needs to do a lot more to move commodity demand: Rakesh AroraSo, people were not very confident that Foxconn is a serious player. And secondly, Vedanta itself is going through a lot of financial issue...
11 Jul, 2023, 09.28 AM IST
Vedanta-Foxconn $19.5 billion JV is off; More cost cuts at cash-strapped DunzoBarely a year after Taiwan’s Foxconn signed a joint venture with Indian conglomerate Vedanta to set up semiconductor manufacturing plants i...
10 Jul, 2023, 08.13 PM IST
Sebi fines Vedanta, alleges company’s disclosures incorrectSebi noticed that the listed company also published a press release on September 13, 2022 on its letterhead, which stated "Vedanta signs Mo...
01 Jul, 2023, 10.20 AM IST
Sebi fines Vedanta Rs 30 lakh for breaching listing and disclosure normsThe penalty was imposed because the mining major made incorrect disclosures relating to its plan to enter the semiconductor business. Sebi ...
30 Jun, 2023, 08.11 PM IST
Ripple effects of Byju’s crisis; Foxconn pings others as Vedanta JV stallsThe crisis at Byju’s is experienced first-hand by its employees, who now stare at an uncertain future as their employer battles one problem...
26 Jun, 2023, 03.50 PM IST
Application window for India's revised semiconductor scheme opens; fresh chance for Vedanta-FoxconnThe full name of the scheme is "Modified Scheme for setting up of Compound Semiconductors, Silicon Photonics, Sensors Fab, Discrete Semicon...
01 Jun, 2023, 03.30 PM IST
Billionaire Anil Agarwal’s chip dreams stymied as India set to deny fundingVedanta and Hon Hai, the assembler of a bulk of the world’s iPhones, have no previous significant experience in chipmaking. Their difficult...
31 May, 2023, 06.18 AM IST
India renews call for chipmakers as Anil Agarwal's efforts dragIndia plans to reopen the application process for $10bn in incentives and assistance to attract prospective chipmakers. It wants to lure fo...
10 May, 2023, 12.34 PM IST
TCS reports weaker than expected Q4 numbers; PhonePe chalks up another $100m from GA, more expectedTata Consultancy Services (TCS) said its net profit for the final quarter of fiscal 2023 rose 15% on-year, but India’s largest software exp...
13 Apr, 2023, 09.07 AM IST
‘Made in India’ chips to drastically reduce prices of products, including laptops: Anil Agarwal“Today, a laptop costs around Rs 1 lakh, and once the glass as well as the semiconductor chip is available, the same can be priced at Rs 40...
15 Sep, 2022, 11.27 AM IST
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...
10 Aug, 2022, 08.59 PM IST
Foxconn expands its Tamil Nadu factory as Apple’s business gainsThis comes amid strong India sales for Apple and high localisation for its high-end smartphones range not only in the country but also in o...
03 Aug, 2022, 06.00 AM IST
Vedanta-Foxconn JV told to give info on chip expertiseThe ministry for electronics & information technology (MeitY) wants the Anil Agarwal-owned Vedanta and Taiwan-based Foxconn Technology Grou...
05 Jul, 2022, 12.29 PM IST
Startup funding dips 37% in Q2; govt 'unsure' of Vedanta-Foxconn chip expertiseEven though early-stage deals retained their momentum from the previous quarter, total venture capital for Indian startups fell to just $6....
05 Jul, 2022, 07.52 AM IST
Vedanta Group eyes $3.5 billion turnover from chip business, one-third from exportsVedanta Group has earmarked investments of up to USD 20 billion for semiconductor business, and it plans to invest USD 15 billion in the fi...
03 Jul, 2022, 02.59 PM IST
Foxconn Chairman speaks to Prime Minister Modi, MeitY and Vedanta GroupLiu's visit comes a day after ET reported that the contract phone maker for Apple was looking at making electric vehicles in India as part ...
23 Jun, 2022, 07.29 PM IST
Five companies submit proposals to set up semiconductor and display facilities"The first round of applications was invited till February 15, for establishment of semiconductor and display fabs," the release read. "Des...
20 Feb, 2022, 07.18 AM IST