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BC Jindal Group, a major manufacturer of packaging and labelling products, is likely to be the new partner in Tower Semiconductors' proposal, , partnership, jindal group, Tower Semiconductors, Next Orbit Ventures
Tower Semiconductor Proposal: The company, however, is also facing legal action from its erstwhile joint venture partner Abu Dhabi-based Next Orbit Ventures which is considering suing Tower Semiconductors for going ahead and submitting a fresh proposal with a new partner.
The company, however, is also facing legal action from its erstwhile joint venture partner Abu Dhabi-based Next Orbit Ventures which is considering suing Tower Semiconductors for going ahead and submitting a fresh proposal with a new partner.
The Bombay High Court directed the developer to pay Rs. 4 crore within six weeks to purge contempt, 1 crore already deposited and the developer is required to pay remaining Rs. 3 crore within six weeks.
Billionaire Mukesh Ambani's Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in...