DIXON TECHNOLOGIES: MANAGEMENT HIGHLIGHTS JV
EXPANSION, MARGIN GUIDANCE & POLICY SUPPORT
Several joint ventures signed with multiple brands to
strengthen business moat and market position.
Targets 40–45% market share in the Android ecosystem by
FY27.
Expected margin expansion of 120–130 bps by FY27–28, aided
by backward integration.
Company to benefit from government policy support under PLI,
ECMS, and ISM-2 schemes.
Exchange requested Vodafone Idea Ltd to clarify recent news
about shares falling 6% after the government stated no fresh discussion on AGR
relief.
Company’s response to the exchange query is still awaited.
PMO: TO DISCUSS US 25% TARIFF IMPACT ON INDIA WITH
OFFICIALS
PMO will review measures to mitigate additional 25% tariffs
imposed by the US, effective tomorrow.
Officials from Commerce, MEA, and CBIC to attend the
meeting.
Government to assess impact, plan strategies, and explore
support options for exporters.
India will continue sourcing oil from the cheapest available
suppliers despite US penalties on Russian oil.
MTNL:
BSNL TO FLOAT TENDER FOR 3–4 LAKH 4G SITES,
BETS ON AFFORDABILITY & INDIGENOUS TECH
BSNL will invite tenders for 3–4 lakh new 4G sites, limited
to Indian vendors.
Strategy targets revival of BSNL as a competitive third
telecom player with affordable tariffs.
Pilots include doorstep SIM delivery via India Post for
wider accessibility.
Indigenous 4G rollout led by TCS & C-DoT, with Tejas
Networks supplying RAN equipment; additional towers will support future 5G
upgrades.
INSURANCE STOCKS:
AHPI WRITES TO IRDAI, SEEKS INTERVENTION AGAINST
CARTELISATION BY INSURERS
AHPI has approached IRDAI alleging cartelisation among
insurers.
Claims include threats of delisting from empanelment and
other punitive actions.
Regulator’s response or intervention is awaited.
BAJAJ FINSERV:
BAJAJ ALLIANZ TO MEET AHPI ON AUG 27 ON REVOCATION OF
CASHLESS TREATMENT
Bajaj Allianz stated that no hospital has denied cashless
treatment to any customer.
The company will meet AHPI to discuss concerns regarding
revocation of cashless approvals.
All cashless cases have been processed without any denial,
the company confirmed.
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