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2024-12-16 03:34:23| The Economic Times

Dixon Technologies and Vivo India are forming a joint venture to manufacture smartphones in India. Dixon will hold a 51% stake, while Vivo will hold 49%. This partnership aligns with the Indian government's push for Chinese companies to partner with Indian entities. The venture will fulfill some of Vivo's OEM orders and potentially manufacture for other brands as well.

Category: News and Media

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2024-12-16 02:59:47| The Economic Times

Indian benchmark indices rallied about 1% on Friday, driven by gains in tech and consumer durables. Shakti Pumps surged 5%, nearing all-time highs, while IOC climbed 2.01% showing signs of recovery. JK Tyre experienced a marginal dip, consolidating near support levels.

Category: News and Media

2024-12-16 02:04:31| The Economic Times

The Federal Reserve will lead the pack on Wednesday with markets pricing a 96% probability it will cut rates by 25 basis points to a new range of 4.25% to 4.50%.

Category: News and Media

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