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Taiwan central bank chief warns of AI bubble risk
Taiwan's central bank governor warns of an AI bubble risk from over-leveraged tech firms, despite real growth and Taiwan's key role in the AI supply chain.
Battery Smart raises Rs 124 crore debt
Battery Smart secured debt funding to expand its battery swapping network. This investment will support infrastructure growth in urban and semi-urban markets. The company's model allows quick battery exchanges for electric vehicle users. Battery Smart currently operates over 1,600 stations in more than 70 cities. This funding boosts responsAbility's total commitment to Battery Smart significantly.
Syrma SGS to Kaynes Tech: EMS stocks jump up to 7.5% as Centre waives customs duty on key electronic components
The government's waiver of basic customs duty on electronics manufacturing components until 2029 led to sharp stock gains for companies like Kaynes Technology. This initiative aims to enhance domestic production of electronics and support India's goal of becoming a global manufacturing hub.
India's premium over EMs is shrinking, but still above 2021 level. What it means? - livemint.com
India's premium over EMs is shrinking, but still above 2021 level. What it means?livemint.com
Antony Waste Handling slips after waste mound collapse at Pune waste-to-energy plant
Antony Waste Handling Cell fell 1% to Rs 446.63 after the company reported a serious incident at its waste-to-energy (WtE) facility in Pimpri Chinchwad, Pune.
Viviana Power Tech gains after securing Rs 71 crore turnkey contract from PGVCL
Viviana Power Tech advanced 2.15% to Rs 781.50 after the company announced that it has secured a turnkey contract worth Rs 71.38 crore from Paschim Gujarat Vij Company (PGVCL).
Here are two reasons why Syrma SGS Tech shares gained up to 5% today
This is an extension of the existing Nil BCD benefit rather than a fresh duty reduction. The amendment ensures these components continue to enjoy duty-free imports through March 2029, providing long-term policy visibility for manufacturers.
Dixon, Kaynes, Amber, Syrma surge up to 5%; what's driving EMS stocks?
The government extended customs duty concessions on a range of machinery and components used in electronics manufacturing until March 31, 2029.
Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?
Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until 2029. The move is expected to reduce import costs, improve margins, encourage fresh investments and strengthen India's electronics manufacturing ecosystem across batteries, displays and smartphones.
Dixon, Kaynes Tech Shares Up 5%: EMS Stocks In Focus After Government Waives Customs Duty On Key Parts
Dixon, Syrma SGS, Avalon Technologies and Kaynes shares rallied up to 6% after the government waived customs duty on key electronics components.
Antony Waste Slips 5% After PCMC Waste-To-Energy Plant Building Collapses
Antony Waste Handling Cell shares fell over 5%
Syrma SGS, Dixon Tech, Amber shares gain up to 5% after this positive development
Syrma SGS holds a distinct competitive edge in the domestic manufacturing of magnetic products, including inductor coils, chokes and transformers.