Schneider Electric Infrastructure shares saw a significant jump. This followed an announcement by its French parent, Schneider Electric. The parent company will partner with Taiwan’s Foxconn to provide solutions for building and operating AI infrastructure. Analysts believe the Indian unit might benefit from this global deal. Production for this project is slated to commence later in 2026.
GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discount
The government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today