Vedanta slips after Foxconn pulls out of semiconductor JV
Mumbai, 11/7: Vedanta fell over 2 per cent on Tuesday, a day after Taiwan’s Foxconn said it withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate. The companies partnered last year to set up semiconductor and display production plants in Gujarat. Concerns about incentive approval delays by India’s government had contributed to…
