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Government Likely to Approve Dixon Technologies LTD-Vivo JV in June; Shares Rise 3.96%
Dixon Technologies LTD is back in the spotlight. The company’s stock jumped around 3.96% as investors reacted to reports that the Indian government may soon approve its long-awaited joint venture (JV) with Chinese smartphone maker Vivo. The development has created fresh excitement in the electronics manufacturing sector. We are seeing strong market optimism because this…
B-52 Bomber Crashes at Edwards Base, 8 Dead, June 17
B-52 bomber crashes at Edwards Air Force Base during radar modernization test flight, killing eight crew members. Investigation underway.
MCX Gold & Silver Rate June 17 Live: Gold Slides to ₹1,52,720, Silver Near ₹2,50,000/kg
Gold and silver prices remained under pressure in early trade on June 17 as investors turned cautious before the upcoming US Federal Reserve policy decision. MCX Gold slipped below the ₹1.53 lakh mark, while silver continued to trade close to the ₹2.50 lakh per kilogram level. Global bullion prices, a stronger US dollar, and profit…
Gildan Stock Plunges 19% on Channel Stuffing Allegations, June 17
Gildan stock fell 19% to $70.39 CAD after short seller allegations of channel stuffing and inflated revenue amid fraud investigations.
Judge Upholds Hannah Dugan Conviction for Helping Immigrant Evade ICE, June 17
Federal judge upholds Hannah Dugan’s obstruction conviction for helping undocumented immigrant evade ICE agents in Milwaukee courthouse.
Fed Holds Rates Steady as Warsh Takes Chair, Inflation at 3-Year High, June 17
Fed holds rates at 3.50%-3.75% as new Chair Kevin Warsh takes helm. Inflation hits 3-year high of 4.2%, raising odds of a December rate hike to 40%.
UK Expands Funded Childcare to 30 Hours Weekly for Working Families
UK government expands funded childcare to 30 hours weekly for eligible working families with children aged 9 months to school age from September 2025.
B62 Closed June 19-21 for Bridge Work at Niederaula
B62 near Niederaula closes June 19-21 for A7 bridge construction. Complete closure with detour routes via A5, A7, and local roads.
Chandrasekaran’s Pay Hike Rejection Highlights Tata Group’s Cautious Leadership Approach
When the head of one of India’s largest business groups refuses a salary increase, the decision carries a message beyond executive pay. Tata Sons Chairman N. Chandrasekaran has declined a pay hike for FY26, signaling that the group’s leadership wants to stay focused on financial discipline while several large businesses remain in an investment phase….