Foxconn cancelled a joint venture with Vedanta Ltd worth 19.5 billion. Vedanta Ltd share price drops to 1.67%
Foxconn, a Taiwanese multinational electronics manufacturer, withdraws from a joint venture with Vedanta Ltd.
Since last year, Foxconn and Vedanta have been working on the Semiconductor chips and display manufacturing plants in Gujarat.
Suddenly yesterday, Foxconn cancelled its joint venture with Vedanta Ltd. There is no such reason given by Foxconn company.
All your questions were answered today at 3:00 pm Because today Vedanta Chairman is Addressing 58th annual meeting
Let’s wait and watch.