Electronic Financial News
17.10 / 19:34
COST
UPS
economy
show
electronic
reports
Department
Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices
Americans showed their steadfast resilience and kept spending in September even as they grappled with higher prices, interest rates and a host of other headwinds piling up
17.10 / 19:33
COST
Software
President
electronic
reports
Department
IRS plans limited rollout of free e-file tax return system with invitations to select taxpayers
The IRS plans to invite a select group of taxpayers across 13 states to try out the agency’s pilot electronic free file tax return system, beginning this January
17.10 / 14:21
UPS
Fox
show
electronic
Department
Retail sales unexpectedly jump in September as consumers keep spending
ValuEngine Capital Management's Jordan Kimmel reveals his top stock picks on 'The Claman Countdown.'
17.10 / 11:31
Manufacturing
Mobile
Apple
Samsung
President
electronic
Tech bellwether Murata sees smartphone market growing this year, driven by 'promising' demand in India
smartphone market has at long last bottomed out and will recover this year, thanks to strong demand in India and other parts of Southeast Asia, according to mobile industry bellwether Murata Manufacturing Co. Low-priced smartphones are driving sales and the overall market will likely grow by a single-digit percentage on a unit basis both this fiscal year through March and the next, President Norio Nakajima said in an interview Tuesday. Kyoto-based Murata, the world’s biggest maker of multilayer ceramic capacitors, supplies an array of smartphone components used by Apple Inc., Samsung Electronics Co. and Chinese manufacturers, and is seen as a leading indicator of gadget sales. Nakajima’s optimism follows reports of continued lackluster demand in China, the world’s largest smartphone market, that have dented expectations.
17.10 / 06:36
Provident
WhatsApp
electronic
reports
Department
share price
Data Patterns share price jumps over 6% on tech transfer agreement with ISRO’s IN-SPACe
₹2,130 apiece on the BSE. This agreement will provide Data Patterns with miniature SAR Radar capability. IN-SPACe is a single-window, independent, nodal agency that functions as an autonomous agency in the Department of Space (DoS).
17.10 / 05:59
UPS
Provident
Booking
Manufacturing
NIFTY
electronic
reports
Top 5 defence stocks to watch out in Nifty's run-up to 40,000
top defence stocks from the index or that can be a part of the index in the future. Defence stocks in India are growing in importance, driven by government emphasis on modernisation, increased spending, and the "Make in India" initiative. Defence exports have surged to around ₹160 bn in FY23, a tenfold increase since 2016-17.
16.10 / 17:53
Manufacturing
Google
CEO
WhatsApp
electronic
PM interacts with Google CEO Sundar Pichai, discusses plans to expand electronics manufacturing in India
Google’s partnership with Hewlett Packard (HP) to manufacture Chromebooks in India. Prime Minister acknowledged Google’s 100 languages initiative and encouraged efforts to make AI tools available in Indian Languages.
16.10 / 13:35
Manufacturing
electronic
2020
Ban on electronic skill games in Virginia reinstated by state Supreme Court
A ban on electronic skill games in Virgnia went back into effect Friday after the state Supreme Court vacated an injunction that had let thousands of the games remain in gas stations, bars and conveniece stores
16.10 / 13:35
Digital
Entertainment
Netflix
Discover
show
electronic
innovations
Goodbye to more DVDs? Best Buy plans to phase out sales of physical movies in the coming months
Best Buy is saying goodbye to movie-watching with physical discs
16.10 / 11:05
Manufacturing
electronic
recommendations
MOSL bullish on electronics manufacturing service; advises buying Kaynes Tech, Syrma SGS and more
The Electronics Manufacturing Service (EMS) indust... moreThe Electronics Manufacturing Service (EMS) industry has evolved over the years, aided by increased outsourcing of manufacturing activities by OEMs.
16.10 / 08:19
Provident
FIVE
Manufacturing
Mobile
Xiaomi
country
electronic
Main aim is to turn Dixon into an electronics engineering powerhouse: Atul Lall
Atul Lall, VC & MD, Dixon Tech, says “in Dixon, we are purely an outsourcing company. We provide electronic manufacturing services to all the global and Indian brands and the brand that you are mentioning undoubtedly is an anchor customer of ours and we feel that the relationship will keep on deepening and growing. We are country agnostic. We are also brand agnostic wherein we see a huge leverage of growth and deepening of relationship over a period of time, we jump at it.” We understand Dixon tech has entered into an agreement with Xiaomi for the manufacturing of smartphones and related products as well. Of course, you have had this partnership with Xiaomi over a long term but tell us about this one. When does manufacturing start? Do you need additional investment? What could be the potential revenue accretion? Xiaomi has been a long-term partner.
16.10 / 08:15
Provident
Digital
Harmonic
electronic
testing
ventilators
Tata Harrier, Safari facelift SUVs set to launch tomorrow: Check expected price
new Harrier and Safari SUVs by Tata Motors lies in their visual aesthetics. These vehicles feature a fresh parametric grille, linked LED Daytime Running Lights (DRL), and connected LED taillights as the primary standout elements in their updated design language. Additionally, both SUVs showcase redesigned alloy wheels.
16.10 / 05:39
Target
Oracle
Netflix
TXN
performer
electronic
spring
week
EA a Coiled Spring; Netflix Slashed; Exxon on Top: Street Calls of the Week
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Oracle, Electronic Arts, and Exxon Mobil, and downgrades for Texas Instruments and Netflix.
15.10 / 21:03
UPS
FIVE
Manufacturing
Parke
EVA
country
electronic
Adani Green to invest $3 billion in backward integration to expand solar capacity: MD Vneet Jaain
Adani Green Energy, one of India's largest renewable companies, is expanding its solar and wind power capacity. Vneet Jaain, managing director, Adani Green Energy, and director, Adani New Industries, tells Kalpana Pathak that the company plans to invest $3 billion in backward integration to support its plan to more than double its current solar manufacturing capacity. Edited excerpts: You are planning to expand your solar power capacity? Yes.
15.10 / 13:07
UPS
BLOCK
Manufacturing
Micron
country
electronic
First semicon fab expected within a year, focus on components where India can lead: Vaishnaw
Aswhini Vaishnaw. The government has initially earmarked USD 10 billion incentive for setting up a semiconductor manufacturing ecosystem in the country including a wafer fabrication plant. The wafer fabrication plants are the first building block of physical chips that are used in all high-tech electronic products.
15.10 / 11:53
Digital
Manufacturing
Mobile
President
electronic
innovations
reports
Acer enters India's electric scooter market with ebike priced at Rs 99,999
Taiwanese company Acer, which sells laptops and other electronic hardware products, has entered India's electric scooter segment and will be marketing vehicles designed and manufactured by urban mobility startup Think Ebikego. The company unveiled its first electric scooter MUVI 125 4G on Sunday priced at Rs 99,999. Under a licencing agreement, Mumbai-based Think Ebikego will produce electric two- and three-wheelers for Acer in the Indian market.
15.10 / 06:39
UPS
Manufacturing
Mobile
performer
electronic
information
Department
committee
Empowered committee in PLI scheme approves Rs 1,000 cr disbursement to beneficiaries of electronics sector
electronics sector, a top government official said. The government disbursed Rs 2,900 crore till March 2023, out of claims worth Rs 3,400 crore received under the scheme, which aims at boosting domestic manufacturing, creating jobs and supporting exports. «In the recent meeting of the committee, Rs 1,000 crore disbursements were approved under the PLI scheme for the electronics sector.
14.10 / 17:45
UPS
Deloitte
Experts
show
electronic
Department
Returns
Number of IT returns nearly double in nine years
The total number of income tax returns(ITRs) filed by personal income tax filers (PIT), – individuals and Hindu Undivided Family (HUF) – rose 94% between FY15 and FY23, the first nine years of the Narendra Modi government, according to time series data released by the Income-tax department recently.
14.10 / 08:59
Provident
WhatsApp
Adventure
performer
electronic
travelers
Ducati Multistrada V4 Rally, an off-roading beast, debuts in the Indian market at ₹29.72 lakhs
₹29.72 lakh for the red option and ₹30.02 lakh for the black variant. These prices are ex-showroom, India. The 2024 Ducati Multistrada V4 Rally serves as the adventure tourer's off-road-focused iteration and comes with a premium of ₹3 lakh over the standard Multistrada V4 S.
14.10 / 08:59
COST
UPS
Manufacturing
Apple
electronic
China intends to invest in tech industry to come out of the real estate crisis, explains Mark Mobius
blog, “China has gone whole hog for electric vehicles through a generous subsidy program. Each province has its unique scheme; in Shanghai, for instance, they subsidize RMB 15,000 on a RMB 60,000 cost. The manufacturers are also subsidized so there are about 200 manufacturers which produced 27 million EVs last year.
14.10 / 08:59
WhatsApp
Death
President
Experts
electronic
reports
evacuation
Israel-Hamas war: Putin backs Israel's self-defence, calls for 'independent' Palestinian state
Russian President Vladimir Putin acknowledged Israel's right to self-defence in the face of Hamas' attacks of “unprecedented brutality," and stressed the creation of an “independent Palestine state with East Jerusalem" as its capital. As reported by ANI citing TASS, “Russia proceeds from the postulate, a negotiated solution to the Palestinian-Israeli conflict has no alternatives," said Putin while speaking at the Commonwealth of Independent States (CIS) summit here on Friday. Also Read:Israel-Hamas War LIVE Updates: Israel strike kills senior Hamas military commander Murad Abu Murad “The negotiations' goal should be the implementation of the United Nations' two-state formula, which implies the creation of an independent Palestinian state with East Jerusalem as its capital, coexisting in peace and security with Israel, which, of course, as we have seen, has come under an attack of unprecedented brutality.
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