Explaining its breakup with Vedanta, Foxconn said Tuesday ‘there was recognition from both sides that the project was not moving fast enough’ and there were other ‘challenging gaps.’
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.
Minister of State for Electronics and IT Rajeev Chandrasekhar tweets that it is not for govt 'to get into why or how two private companies choose to partner or not'.
Upholding 2010 Orissa HC order quashing land acquisition, SC said govt move left 6,000 families landless & rapped its disregard for environmental impact as land abuts wildlife sanctuary.
Bloomberg News reported that Anil Agarwal was studying options including selling a minority stake in Vedanta, as he looked to shrink his commodities business empire's massive debt load.
Copper plant in Thoothukudi was closed after protests turned violent & police firing left 13 people dead. Job losses one of major impacts, says study by NGO CUTS International.
Unit is expected to generate around 2 lakh jobs & is likely to come up in Talegaon, Pune due to its industrial infrastructure and supply of skilled manpower, says Maharashtra govt.
The Sterlite copper smelter plant was given approval by the then AIADMK government on 26 April to produce medical oxygen at its Tuticorin facility for a period of four months.
Even as India, Pakistan have seemed on the edge of war, their intelligence services have often sought to find space to de-escalate tensions and reduce risks for the two countries.
Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector.
Not only did S-400 record its longest hit during India-Pakistan 88-hour conflict, ability of the system to shoot and scoot in a short time, which allows it to evade enemy fire, was also proved.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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