Tata Sons board visits Bengaluru, Hosur units as company gears up for chipmakingTata Sons board members, including Venu Srinivasan and Ajay Piramal, took a tour of the facilities of Tata Electronics in Bangalore and Hos...
13 Jul, 2023, 01.04 AM IST
Tata-assembled iPhones coming up; Down rounds for Indian startups here to stay?The Tata Group is set to become the first Indian company to assemble Apple’s iPhone. The conglomerate is close to a deal to acquire Apple s...
11 Jul, 2023, 08.11 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
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
EV parts to iPhones, Foxconn making India second homeThe Taiwanese contract manufacturer is on an expansion spree in India and states are rolling out the red carpet
25 Jun, 2023, 10.51 AM IST
India expands scope of its semiconductor ambitions; Vedanta likely gets a lifelineIndia will start accepting and considering new applications for semiconductor fabrication plants from new and existing applicants. There ar...
31 May, 2023, 02.04 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
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
Billionaire Anil Agarwal struggles to get backers for $19 billion chip unitAgarwal’s representatives met with large funds from the Middle East, Singapore, and the US over the past three months to garner financing c...
14 Dec, 2022, 05.43 PM IST
Apple iPhone 14 production faces supply constraints in India: Rajeev ChandrasekharThe minister was responding to a tweet that mentioned a shortage of iPhone Pro and iPhone Pro Max models in Delhi-NCR.
26 Oct, 2022, 04.34 PM IST
In Xi Jinping's speech at party Congress, lies India's biggest opportunityChinese President Xi Jinping reiterated his commitment to the zero-COVID policy that has prioritised rampant lockdowns shutting down cities...
18 Oct, 2022, 02.43 PM IST
Billionaire Anil Agarwal faces key vote for plan to tap Vedanta cash reservesVedanta's rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load, and Moody’s Investors Serv...
07 Oct, 2022, 08.36 AM IST
iPhone manufacturing: can India pip China anytime soon?India exported iPhones worth $1 billion from May to September 2022, according to a Bloomberg report, but a closer look at the data shows th...
04 Oct, 2022, 06.31 PM IST
Vedanta to set up iPhone manufacturing hub in Maharashtra: ReportThe race to manufacture Apple iPhones is heating up with Tata Group in talks with Taiwanese electronics giant Wistron to set up a joint ven...
15 Sep, 2022, 11.37 AM IST
Vedanta surges over 13% as company to set up iPhone manufacturing hub in Maharashtra“The proposed semiconductor manufacturing fab unit will operate on the 28nm technology nodes with wafer size 300 mm; and the display manufa...
14 Sep, 2022, 02.55 PM IST