Tamil Nadu govt taps Foxconn to revive Nokia unit as tax row nears end

Foxconn is frontrunner is the race for acquisition and revival of the facility; state to support efforts as it will boost manufacturing jobs in TN.....»»

The smelter, run by Vedanta's Sterlite Copper unit, is controlled by Vedanta Ltd, a majority-owned subsidiary of London-listed Vedanta Resources.....»»

Actors Rajinikanth and Kamal Haasan, along with others, participated in a silent protest in Chennai over the Cauvery Management Board and Modi govt's callous attitude in handling Cauvery water dispute.....»»

After IMD issued dust storm and thunderstorm warning alert in parts of North and East India, Delhi govt has decided to close evening schools today. Catch latest updates on dust storm and thunderstorm.....»»

Differences between Tamil Nadu and Karnataka on sharing of water in the Cauvery river have been in existence from the time of two agreements signed during period of British govt ruling the country.....»»

Agitation crosses 100 days, was initiated after company, which represents Vedanta's copper business, announced expansion of its unit.....»»

As the centre claims it to be a ''localised'' occurrence, will the neighbouring Karnataka and Tamil Nadu be able to prevent Nipah from invading their states?.....»»

The protests had been going on for 100 days since Sterlite Copper announced its plans to invest Rs 25 billion in doubling the capacity of its existing facility to 800,000 tonnes per year.....»»

Vedanta's Sterlite Copper facility in Thoothukudi, Tamil Nadu, has been in the eye of a storm since a police firing claimed the lives of 12 of the protesters who were demanding closure of this unit.....»»

When it closed close down the copper plant at Thoothukudi in 2013. Its orders were held illegal by the NGT on procedural grounds.....»»

The closure of Sterlite Copper, the copper smelting unit of Vedanta Group, is expected to impact the fertilisers and chemicals industry in Tamil Nadu, as it is one of the major supplier of phosphoric acid and sulphuric acid, the.....»»

Taiwan's Foxconn and its Japanese electronics unit Sharp Corp are in the final stages of talks to build an advanced chip plant in Guangdong, China, with a local government, the Nikkei business daily reported......»»

The utility, Tamil Nadu Generation and Distribution Corporation, may have suffered losses of $720 million — half of it coming from Adani. read more.....»»

The appointment comes shortly after Plant Vogtle's Unit 4 went online......»»

Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd.-ADR (OTC: HNHPF), widely known as Foxconn, has announced a high-profile appointment for its newly created open electric vehicle platform. read more.....»»

The motorway unit of Italian infrastructure group Atlantia is considering tapping government-backed liquidity to temper the impact of coronavirus on its business, two sources with knowledge of the matter said on Monday......»»

Walmart taps Sameer Aggarwal as CEO of Indian unit, says in touch with suppliers.....»»

Nokia has rehired former executive Pekka Lundmark from energy group Fortum to lead the Finnish telecoms company's efforts to revive its faltering 5G business......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

France's Alstom SA is close to clinching a deal to buy Bombardier Inc's train business which will give the unit an enterprise value of $7 billion, according to a source familiar with the matter......»»