Vedanta

Maharashtra Chief Minister Eknath Shinde on Sunday said Metro and other projects stalled in the state in the last two-and-a-half years have been taken up on priority by his government.

Shiv Sena leader Aaditya Thackeray today lashed out at the Eknath Shinde-led state government for Vedanta-Foxconn's decision to set up its semiconductor plant in Gujarat instead of Maharashtra.

Metals and oil conglomerate Vedanta Ltd's proposal to reorganise capital and transfer Rs 12,587 crore from general reserves to retained earnings has won the backing of US-based proxy advisory firm Glass Lewis.

Amid a row over a Vedanta-Foxconn multi-billion project going to Gujarat, the Maharashtra government has after a review cleared 181 plots sanctioned by the previous Maha Vikas Aghadi (MVA) government for industrial projects.

Mining mogul Anil Agarwal-led Vedanta Resources' credit profile will unlikely be weighed down by the group's planned Rs 1.54 lakh crore foray into semiconductor manufacturing, S&P Global Ratings said on Monday.

Vedanta and Foxconn have hired experts who are evaluating possible locations for their upcoming semiconductor plant in Gujarat and a site may be finalised in the next couple of weeks, Gujarat Science and Technology Department Secretary Vijay Nehra said.

Maharashtra has lost out on lakhs of jobs "only because of the incompetence and the ignorance" of the government, Shiv Sena leader Aaditya Thackeray said today, accusing Maharashtra industries minister Uday Samant of 'losing' two projects.

Asked if potential investors fear political instability in Maharashtra, Sharad Pawar said a state has to create a conducive atmosphere for attracting investments and industries.

In a raging fight over Gujarat snagging the $20 billion Vedanta-Foxconn project, Maharashtra Chief Minister Eknath Shinde dialed Prime Minister Narendra Modi, who reportedly promised "a similar project, or a better one, to Maharashtra".

On Vedanta-Foxconn's decision to set up a semi-conductor facility in Gujarat instead of Maharashtra, Vedanta Resources Ltd Chairman Anil Agarwal on Wednesday said that the company is still committed to investing in Maharashtra.

With this quantum of investment, it is contributing nearly four per cent to Odisha's state GDP through its operations (direct and indirect), a company statement said.

Under flak for losing out on $20 billionmega Vedanta-Foxconn semiconductor project to Gujarat, the Maharashtra government on Wednesday said Prime minister Narendra Modi has assured the state will get a similar project or even a better one.

Vedanta Ltd will look at creating a hub to manufacture Apple's iPhones and TV equipment, along with possibly diving into the electric vehicle sector, Chairman Anil Agarwal said in an interview with CNBC TV18 on Wednesday.

Shiv Sena leader Aaditya Thackeray hit out at the Maharashtra government after Gujarat bagged the Rs 1.54 lakh crore venture for India's first semiconductor plant.

As Indian conglomerate Vedanta and Taiwanese electronics giant Foxconn jointly inked a pact to set up a semiconductor and display manufacturing unit in Gujarat, the opposition in Maharashtra on Tuesday slammed the Eknath Shinde-led government.

Maharashtra Chief Minister Eknath Shinde on Sunday said Metro and other projects stalled in the state in the last two-and-a-half years have been taken up on priority by his government.

Shiv Sena leader Aaditya Thackeray today lashed out at the Eknath Shinde-led state government for Vedanta-Foxconn's decision to set up its semiconductor plant in Gujarat instead of Maharashtra.

Metals and oil conglomerate Vedanta Ltd's proposal to reorganise capital and transfer Rs 12,587 crore from general reserves to retained earnings has won the backing of US-based proxy advisory firm Glass Lewis.

Amid a row over a Vedanta-Foxconn multi-billion project going to Gujarat, the Maharashtra government has after a review cleared 181 plots sanctioned by the previous Maha Vikas Aghadi (MVA) government for industrial projects.

Mining mogul Anil Agarwal-led Vedanta Resources' credit profile will unlikely be weighed down by the group's planned Rs 1.54 lakh crore foray into semiconductor manufacturing, S&P Global Ratings said on Monday.

Vedanta and Foxconn have hired experts who are evaluating possible locations for their upcoming semiconductor plant in Gujarat and a site may be finalised in the next couple of weeks, Gujarat Science and Technology Department Secretary Vijay Nehra said.

Maharashtra has lost out on lakhs of jobs "only because of the incompetence and the ignorance" of the government, Shiv Sena leader Aaditya Thackeray said today, accusing Maharashtra industries minister Uday Samant of 'losing' two projects.

Asked if potential investors fear political instability in Maharashtra, Sharad Pawar said a state has to create a conducive atmosphere for attracting investments and industries.

In a raging fight over Gujarat snagging the $20 billion Vedanta-Foxconn project, Maharashtra Chief Minister Eknath Shinde dialed Prime Minister Narendra Modi, who reportedly promised "a similar project, or a better one, to Maharashtra".

On Vedanta-Foxconn's decision to set up a semi-conductor facility in Gujarat instead of Maharashtra, Vedanta Resources Ltd Chairman Anil Agarwal on Wednesday said that the company is still committed to investing in Maharashtra.

With this quantum of investment, it is contributing nearly four per cent to Odisha's state GDP through its operations (direct and indirect), a company statement said.

Under flak for losing out on $20 billionmega Vedanta-Foxconn semiconductor project to Gujarat, the Maharashtra government on Wednesday said Prime minister Narendra Modi has assured the state will get a similar project or even a better one.

Vedanta Ltd will look at creating a hub to manufacture Apple's iPhones and TV equipment, along with possibly diving into the electric vehicle sector, Chairman Anil Agarwal said in an interview with CNBC TV18 on Wednesday.

Shiv Sena leader Aaditya Thackeray hit out at the Maharashtra government after Gujarat bagged the Rs 1.54 lakh crore venture for India's first semiconductor plant.

As Indian conglomerate Vedanta and Taiwanese electronics giant Foxconn jointly inked a pact to set up a semiconductor and display manufacturing unit in Gujarat, the opposition in Maharashtra on Tuesday slammed the Eknath Shinde-led government.