The BSE Sensex fell 365.53 points or 0.56 per cent to 65,322.65 on Friday. The NSE Nifty slipped 114.80 points or 0.59 per cent to 19,428.30
In a BSE filing, the Indian conglomerate expressed its resolve and commitment to produce critically important semiconductors and display glass/modules for the growing Indian market
Foxconn has withdrawn from a USD 19.5 billion semiconductor joint venture with Vedanta Ltd as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars
The BSE Sensex fell 676.53 points or 1.02 per cent to close at 65,782.78. The NSE Nifty plunged by 207 points or 1.05 per cent to settle at 19,526.55
_1642184764.jpg "Foxconn’s iPhone Plant In India To Reopen On January 12: Report")
Most of the world's chips are manufactured in a handful of countries and India, which expects its semiconductor market to be worth USD 63 billion by 2026, is a late entrant. Semiconductors find wide applications and are used...
The BSE Sensex jumped 63.72 points or 0.10 per cent to close at 65,344.17. The NSE Nifty gained 24.10 points or 0.12 per cent to settle at 19,355.90
"For semiconductor we have identified world class partner, we have already identified a world class partner for technology and are in process of tying up with them," Anil agarwal said at SemiconIndia 2023
Last year, VFSL (Vedanta Foxconn Semiconductors Ltd) became one of the first applicants under the Centre’s ambitious $10 billion Semicon India programme that encouraged the setting up of domestic chip manufacturing...
Vedanta's announcement comes days after SEBI imposed a penalty for wrong disclosures
The market is at an all-time high, but the momentum has just started as the Nifty hits an all-time high after 21 months of waiting, said Pravesh Gour, Senior...
As part of the comprehensive policy, Vedanta is extending additional medical benefits in terms of a 30-day gender reaffirmation leave and financial support of...
Before joining Vedanta, Chen was with Chinese display maker HKC Corp, where he was Executive Vice President.
The Centre government is concerned about Vedanta Group’s financial stability and has suggested Foxconn onboard a new partner
Sharing details of the company's projects, the chairman said Vedanta is already expanding its aluminium and zinc capacities
While the EBITDA (earnings before interest, taxes, depreciation and amortization) in FY23 was its second highest, the pre-capex cash flow was its all-time...
The Ministry of Mines and the Department of Investment and Public Asset Management (DIPAM) have held 'preliminary talks' with Vedanta Ltd -- the promoters of...
VRL has managed to raise $200 million in finance from Trafigura Group, a commodities trading firm
Vedanta Resources, the firm helmed by billionaire Anil Agarwal said it has paid all its maturing loans and bonds due in May and June 2023
_1642106057.jpg)
Vedanta and Foxconn had announced a Rs 1,54,000 lakh crore investment in Gujarat
Vedanta Group has been looking to raise cash for upcoming bond payments
Vedanta earlier clarified that the record date to determine the entitlement of this interim dividend has been set as May 30, 2023
Vedanta Ltd, the mining major has set May 30 as the record date for the declaration of dividend, should it be declared for FY24
Vedanta-Foxconn had signed last MOU with Gujarat government to invest Rs 1.54 lakh crore.
At Holcim Group, Sonal Shrivastava served the office of CFO for their Asia Pacific, Middle East and Africa operations
Sonal Shrivastava joins Vedanta from Holcim Group where she worked as the CFO for Asia Pacific, Middle East & Africa operations.
