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Vedanta-Foxconn $19.5 billion JV is off; more job cuts likely at Dunzo

Barely a year after Taiwans Foxconn signed a joint venture with Indian conglomerate Vedanta to set up semiconductor manufacturing plants in the country, the former has pulled out of the deal, in a potential spoiler for Indias semiconductor story. ET reported first about the differences between the two parties last month. This and more in todays ETtech Top 5.
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