DSIJ Mindshare

Bharat Forge America, Inc., the wholly owned subsidiary of Bharat Forge Limited is setting up a green-field forging and machining facility in North Carolina.

Mahindra and Mahindra (M&M) informed the exchanges on Wednesday that it has incorporated Mahindra Bangladesh Private Limited as its wholly owned subsidiary.

Bajaj Finance has got the approval for raising of capital through a Qualified Institutions Placement ("QIP") for an aggregate amount not exceeding Rs. 8,500 crore.

Jump Networks Limited has signed an annual digital services agreement of minimum guaranteed revenues of Rs. 100 crore to provide wholesale Voice over Internet Protocol (VoIP) services.

With response to this development, the stock of Dixon Technologies surged nearly 6 per cent to touch intra-day high of Rs. 2597.90. Consumer electronics accounts for nearly 40 per cent of the company’s revenues in FY19. Dixon’s revenue from consumer electronics segment (LED TV) in Q1FY20 jumped 129 per cent yoy to Rs. 510 crore.