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Friday, August 15, 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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.