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Friday, September 5, 2025
TopicVedanta-Foxconn

Topic: Vedanta-Foxconn

Padma Bhushan to Foxconn CEO shows India-Taiwan bond. Not everything is about China

Indian commentators should avoid a myopic perspective when assessing India-Taiwan relations. The initiatives undertaken are not targeted at China.

Vedanta has lined up partners for semiconductor manufacturing, says chairman Anil Agarwal

Earlier this week, Foxconn withdrew from $19.5 billion semiconductor joint venture with metals-to-oil conglomerate, signaling a change in their partnership dynamics

Day after parting ways with Vedanta, Foxconn says ‘committed to India’, to apply for govt’s chip scheme

Taiwanese tech giant says it sees India 'establishing robust semiconductor manufacturing ecosystem' and that its working to submit application under govt’s chip manufacturing incentives.

Vedanta shares fall by 2% after Foxconn withdraws from $19.5 billion semiconductor joint venture

The companies, partnered last year to set up semiconductor and display production plants in Gujarat, are believed to have disputes over incentive approval delays by Indian government.

Vedanta says other investors lined up as Foxconn junks $19.5 billion chip plan

European chipmaker STMicroelectronics was being roped in as a technology partner for the venture but talks were deadlocked.

Major setback for PM Modi’s chipmaking ambitions as firms struggle to find tech partners

Second mega $19.5 bn plan to build chips locally by joint venture of Vedanta-Foxconn also moves at slow pace as their talks to rope in STMicroelectronics as partner are deadlocked

Govt poised to reject crucial funding for Vedanta-Foxconn chip venture, reports Bloomberg News

The setback comes at a time when Anil Agarwal's metals and mining conglomerate is already grappling with reducing its significant debt load.

Foxconn to Tata Airbus—Centre babysitting Gujarat, costing Maharashtra big investments

At one of his rallies in Pune, PM Modi promised to set up robust institutions related to finance and planning in Maharashtra. Since 2014, things have turned out differently.

Vedanta-Foxconn was ready to sign deal but minister busy with politics, says Aaditya Thackeray

As the Shinde-Fadnavis govt and MVA blame each other over the lost 1.5 lakh cr project. Aaditya says that the deal was almost finalised when the government fell in June. 

Why your MLA is more flexible than you think & who had the last laugh in Vedanta-Foxconn fiasco

The best cartoons of the day, chosen by the editors at ThePrint.

On Camera

Vijay is winning nickname war in Tamil Nadu. He’s attacking Brand Stalin with ‘uncle’ taunt

If Stalin ignores the taunt, it spreads unchecked. If he responds, he legitimises Vijay. Either way, the Tamil Nadu politics binary bends.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.