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Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says post correction, some of the larger banks, particularly SBI, is looking very good for somebody willing to build a long-term portfolio, Apart from that, one can look at some of the down-and-out banks which took a hit because of multiple reasons, particularly asset quality issues on the microfinance book. IndusInd Bank is one bank which I will definitely recommend from a little aggressive investors’ point of view. It is a good time to start buying into IndusInd Bank as well. Among pharma companies, one can go for domestic focused pharma companies like Mankind Pharma and pharma companies having significant manufacturing facilities in the US like Piramal Pharma. The other stock Bandyopadhyay likes is a defence PSU. There is a significant opportunity for Bharat Electronics (BEL) to perform and outperform. This correction should be taken as an opportunity to accumulate this stock. Some of the markers seem to be reversing. Crude is on our side and now RBI also is pumping in a whole lot of liquidity in the system. Do you think that is enough to turn around the markets? Sudip Bandyopadhyay: Well, it may not be enough in the long term, but the short-term market is very much excited.

Subscribe to enjoy similar stories. Trump, while addressing a joint session of the US Congress, labelled tariffs, or import duties, imposed by various nations on goods exported by the US as “very unfair". He also singled out “higher than 100%" tariffs that he said India currently imposes on automotive imports from the US.

Subscribe to enjoy similar stories. New Delhi: As Indian and US negotiators huddle in Washington to iron out issues in a potential trade deal, one of the key areas that has emerged is petrochemical trade, three people aware of the matter said on the condition of anonymity.

Tata Electronics will set up a display chip manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday.

Collins Aerospace, an RTX group company, has invested $25 million for a new engineering development and test centre in Bengaluru, its largest facility outside the US. “The 50,000 sq ft lab facility streamlines product development, testing, and certification of components locally … It is also a fresh investment beyond the $200 million we have committed over the last 4-5 years,” said Savyasachi Srinivas, vice president of global engineering & technology centres at Collins Aerospace. The US-based company also has a 30,000-sq-ft electronics lab dedicated to testing. “In all there would be four labs, including in Hyderabad and Bengaluru, which also houses two factories,” Srinivas told ET.

Tata Electronics will set up a display manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday. Speaking at IESA Vision Summit, Tata Electronics CEO Randhir Thakur announced signing of a tripartite agreement with the Gujarat government for the plant. «Today, I am delighted to announce signing of an MoU between Tata Electronics, PSMC and Himax to revolutionise India's display product and technology ecosystem. With PSMC's proven technology, Tata Electronics will manufacture display chips for Himax in Dholera, Gujarat,» Thakur said. With foray in display manufacturing, Tata Electronics will have presence in all three top semiconductor manufacturing segments.

The new Panigale V4 comes with a series of updates, including changes to its design, electronics, and chassis to enhance performance, handling, and overall rider experience. Following its international debut last year, this superbike is now available for Indian enthusiasts eager to get their hands on Ducati's flagship offering.

Donald Trump's long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico. Trump’s 25% tariffs on imports from Canada and Mexico went into effect Tuesday, along with a heightened 20% levy on Chinese goods. In response, all three countries announced retaliatory measures. Experts say consumers and businesses will be the hardest hit. Companies big and small will face higher costs on the goods they buy from other countries — and could have little recourse but to hike prices themselves. For consumers, that will likely mean more expensive price tags on everything from cars, appliances and other big-ticket items to smaller, everyday purchases including electronics, gasoline and groceries.

Tata Group and its Chairman Emeritus, Late Ratan Naval Tata, the Assam Cabinet meeting has approved the naming of the entire area covered by the Assam Semiconductor & Electronics Logistics Park (ASELP), Jagiroad Tata OSAT Center, and the proposed township with social infrastructure as Ratan Tata Electronics City (RTEC), Jagiroad. The state government stated, “In recognition of the unparalleled contribution of the Tata Group and its Chairman Emeritus, Late Ratan Naval Tata (the first Assam Vaibhav awardee), the Cabinet has approved the naming of the entire area covered by the Assam Semiconductor & Electronics Logistics Park (ASELP), Jagiroad Tata OSAT Center, and the proposed township with social infrastructure as Ratan Tata Electronics City (RTEC), Jagiroad.” The Cabinet has passed a resolution expressing gratitude to Prime Minister Narendra Modi for his guidance and support to Assam in successfully organizing the Advantage Assam 2.0 Summit.

Chakri Lokapriya, Chief Investment Officer (CIO) for Equities at LGT Wealth India , says most defence stocks have corrected 40-50%. In Europe, NATO is in a flux and with Trump threatening to pull out, major European powers are increasing their defence Budget. This should help the exporting Indian defence companies and Lokapriya is ready to buy Bharat Electronics (BEL) and Hindustan Aeronautics Ltd (HAL). Lokapriya also says among banks, he would go first into the PSU banks, SBI, Canara Bank and then into large private banks like ICICI and Axis. What is your take on the defence pack because we are seeing a lot of these stocks participating and globally we are getting to hear that European markets are definitely looking to up their game with respect to defence spending. Within the Indian markets, some of these companies have exposure to the European markets, a case in point being BEL, which is one of the top gainers. After the correction, are you spotting any opportunities there? Chakri Lokapriya: Basically the defence stocks have all corrected a good 40-50% on the back of lower Indian government spending and there was some amount of re-rating downwards of earnings expectations for the stocks. Fast forward to a few months later, the world is a slightly different place with NATO itself is in a major flux and that is leading to a number of individual European countries increasing their percentage of GDP budget on defence, the UK is a case in point and that will be followed by other countries.

Sikko Industries Ltd.(up 4.77%), Bohra Industries Ltd.(up 4.12%), Paradeep Phosphates Ltd.(up 3.66%), Madhya Bharat Agro Products Ltd.(up 2.41%), Chambal Fertilisers & Chemicals Ltd.(up 2.19%), National Fertilizers Ltd.(up 1.14%), Southern Petrochemicals Industries Corporation Ltd.(up 0.62%) and Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.37%) stood among the top gainers.

The federal government says the owner of a North Carolina company has pleaded guilty to trying to sell electronic devices that have military applications to China without a required exporting license

The Assam chief minister Himanta Biswa Sarma on Friday said Tata group has announced plans to establish a large-scale manufacturing facility for electronics and mobile technology in the State, with an investment of Rs 30,000 crore and hydrocarbon companies will pump in at least 85,000 Crore in exploration. The Tata project, set to be developed over the next five years, confirming the group's expansion plans, Tata Sons chairman Natarajan Chandrasekaran, during the Advantage Assam 2.0 Summit, revealed that Assam would host the new mobile manufacturing unit.

IndiGo, Bharti Airtel, Wipro, SpiceJet, UltraTech Cement, Coforge, Bharat Electronics among others will be in focus due to various news developments. IndiGo IndiGo said it is facing a fine of nearly Rs 14 lakh in relation to input tax credit and is evaluating necessary legal recourse.

Subscribe to enjoy similar stories. New Delhi: As US president Donald Trump's reciprocal tariff threat loomsfor Indian exports of engineering goods and pharmaceuticals to textiles,the booming electronics goods shipments may be the least at risk. The duty disparity or the gap between import levies is one of the lowestfor electronics among major categories, according to two people aware of the matter, who spoke on the condition of anonymity.

Ashwini Vaishnaw, Union Minister of Railways, Information & Broadcasting, and Electronics & Information Technology, said that Assam will also see the introduction of two Amrit Bharat Trains within the next 10 months, along with two new intercity train services connecting Guwahati to Silchar and Agartala. Vaishnaw attended the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati and delivered a talk during one of the sessions. A new mega railway workshop will be established in Basbari, Bodoland, fulfilling a key commitment under the Bodoland agreement while accelerating industrial growth. Additionally, a dedicated mid-life reconstruction facility for locomotives will be set up in Lumding to enhance railway operations and maintenance. He further stated that Guwahati Railway Station is undergoing a major transformation into a world-class facility, incorporating a 12-storey IT park to foster technological innovation and employment.

Subscribe to enjoy similar stories. After the Trump administration put a new 10% tariff on Chinese products earlier this month, Agilian Technology, an electronics manufacturer in China, pressed forward with its plan to avoid additional levies. In the run-up to last year’s election, Agilian grew increasingly worried that the U.S.

Piyush Goyal said on Monday. He said the export volume of electronic goods ranks second in the country against 167th in 2015.