Foxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.

The minister said that both Foxconn and Vedanta have significant investments in India and are valued investors who are creating jobs and gr...

Taiwan's Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Prime Minister Narendra Modi'...

The company had earlier announced that the plant will be set up with an investment of around Rs 1.5 lakh crore and start making revenue by ...

Vedanta Resources Ltd (VRL), the parent entity of vedanta limited recently raised $450 million from two of its principal rivals — Trafigura...

The full name of the scheme is "Modified Scheme for setting up of Compound Semiconductors, Silicon Photonics, Sensors Fab, Discrete Semicon...

Of the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akars...

The oil-to-metals group will continue to hold 63%, while Foxconn will own 37%, said Akarsh Hebbar, global managing director of display and ...

Foxconn will continue to be the lead partner in the joint venture that was announced last February. "The government is bullish on Foxconn, ...

The 50% fiscal support to all three schemes was based on a unanimous recommendation by an advisory committee consisting of experts from aro...

Earlier, Vedanta and Foxconn had said they will invest over ₹1.54 lakh crore to set up a display fabrication and semiconductor manufacturin...

The union minister for electronics and information technology Ashwini Vaishnaw was also present in Gandhinagar at the signing of the MoU.

Vedanta-Foxconn JV is “at a very advanced stage with Gujarat for their investments” and the deal may be signed and announced this week.

Companies need to demonstrate clear expertise in the specialised field of semiconductor manufacturing to qualify for incentives under India...

The ministry for electronics & information technology (MeitY) wants the Anil Agarwal-owned Vedanta and Taiwan-based Foxconn Technology Grou...

Vedanta Foxconn JV is among three companies that have applied for setting up semiconductor manufacturing units in the country. Vedanta has ...

Vedanta Group has earmarked investments of up to USD 20 billion for semiconductor business, and it plans to invest USD 15 billion in the fi...