Diabytes
Dixon Technologies News
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The Mobile and Other EMS Division's operating profit contribution increased to 82 per cent from 69 per cent in the previous year, and its share of total revenue increased to 91 per cent from 79 per cent in the first quarter of FY25.
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The country is offering cash-backs to manufacturers on sales of locally made goods that exceed an annual target. The scheme is key to India's ambitions to become a powerhouse in the global electronics supply chain, with the country targeting an annual output worth $300 billion by 2026.
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In the JV, both companies will nominate two directors each on the board of the JV.
It added that the equity shares of the proposed JV will be issued to the company and Imagine in equal proportion i.E. 50:50.
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Dixon Technologies' Rs 600 crore IPO was oversubscribed 117.83 times during September 6-8.
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These four companies are expected to float their IPOs (initial public offers) in September to garner over Rs 2,500 crore, merchant banking sources said.
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