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The new JV will be equally held by Dixon and Signify with 50% stake each. The deal does not state that either company will have ownership stakes in each other's existing businesses.

Top gainers in Sensex include Bajaj FinServ, Larsen, HDFC Bank, Bajaj Finance.

The agreement is focused on creating a new joint defence venture company in Spain that would develop defence-specific technologies, product platforms and solutions

The business agreement aims to leverage emerging technologies including artificial intelligence (AI), cloud computing and digital engineering to transform the future of Western Union’s financial services.

The partnership bolsters HCLTech’s position in the semiconductor ecosystem and is aligned with its strategic focus on high-end technology solutions.

This memorandum of understanding (MoU) is likely to be worth ₹25,000 crore, and projects will be executed in phases over the next three to five years.

The investment will enhance PFL's position in the financial services market and operational capabilities.

Coal India has a 51% stake in the new entity with an investment of ₹51,000 and GAIL owns the remaining 49% with an investment of ₹49,000.

The December 2024 quarter net profit of ₹40 crore is indicative of the company's financial strength.

In 2025, the company is expected to deliver 83 LCA Mk1A jets and the company aims to complete it by 2029.