Dixon Tech shares rally 5% amid reports of government nod for Vivo JV this month (opens original article in a new tab)

Dixon Tech shares rose 5% as reports indicate the Indian government may approve the Dixon-Vivo joint venture this month, reducing Vivo's risk exposure in India.

• Dixon Tech shares rose 5% after reports of government approval for Vivo joint venture
• Government may clear Dixon-Vivo JV this month reducing Chinese company's risk in India
• Dixon Tech to hold 51% stake in joint venture focused on smartphone manufacturing