Syrma SGS Technology’s shares jumped nearly 5% after announcing a significant joint venture with Japan’s Kaga Electronics. This collaboration aims to establish a cutting-edge manufacturing facility in India, primarily serving Japanese clients and bolstering Syrma’s presence in high-value electronics. The partnership, with Syrma holding a 60% stake, is seen as a strategic move to capitalize on global supply chain diversification and India’s growing appeal for Japanese manufacturing expansion.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions