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Dixon Tech shares rally 5% amid reports of government nod for Vivo JV this month

Dixon Technologies shares surged rose sharply on Wednesday after reports suggested the government may approve its long-pending joint venture with Vivo this month. The proposed JV, in which Dixon will hold a majority stake, is expected to strengthen smartphone manufacturing capabilities in India while reducing Vivo’s regulatory risk exposure in the market.

Source :- Markets-Economic Times Read More

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