Economic TimesLean R·
Dixon Tech shares rally 5% amid reports of government nod for Vivo JV this month
Shares of technology company Dixon Tech jumped 5% to their day’s high of Rs 12,860 on the BSE on Wednesday after reports claimed that the government is likely to clear the long-pending Dixon-Vivo joint venture this month, which will reduce the risk exposure of the Chinese mobile company to India. According to a PTI report, an inter-ministerial panel has given in-principle approval to the deal, and MeitY will clear it after due process. The deal for a joint venture was signed between the two com…
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