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

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

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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.

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

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

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

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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.

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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.

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Each MPV will measure 120 meters long, 17 meters wide, and have a maximum draft of 6.75 meters, with a cargo capacity of 7,500 tonnes.

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The agreement is a master services contract and will see the implementation of platform-based life and pension TPA services for the entirety of ReAssure’s business over the next 10 years.

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