Electronic Financial News

14.08 / 09:43

Progressive Manufacturing Remark Edison country electronic boost India and Taiwan to boost supply chain partners in the new world trade order

India can be a trusted supply chain partner of Taiwan, which leads in hi-tech manufacturing in the Asian region, remarked Edison Hsu, Director, Taipei World Trade Center Liaison Office in Mumbai at an interactive meeting organized for an in-bound Taiwan Trade Mission at WTC Mumbai. Notably, India ranks as Taiwan’s 14th largest export destination and 18th largest source of imports. Bilateral trade between the two countries totaled US$8.45 billion in 2022, representing an increase of 9.8% over the previous year.

14.08 / 08:29

UPS Provident Waters Compilation cover electronic Indian 10 Room Dehumidifiers for Indian homes starting at just Rs.1,900

To assist you in making the right choice, we have meticulously researched and compiled a list of 10 room dehumidifiers that are tailor-made for Indian homes. Whether you're dealing with the monsoon's dampness or seeking year-round humidity control, this guide aims to present a range of options to suit diverse preferences and room sizes, helping you transform your living spaces into havens of comfort and well-being.

14.08 / 08:15

UPS Target FIVE Manufacturing Micron country electronic ‘India has advantages in semiconductors industry but be patient’: Chris Miller's big advice

Hindustan Times. He also highlighted that Taiwan plays a crucial role in the manufacturing of semiconductors, and foresaw the devastating effects a war in the Taiwan Straits would have on the world economy, the HT report said, adding that the semiconductor supply chain is controlled by a few dominant companies. In July this year, Indian and Japanese officials held discussions in New Delhi, exploring potential collaboration in crucial areas such as semiconductors and establishing robust supply chains.

14.08 / 06:33

UPS Target Walmart TJX electronic week This Week in Business: TJX Cos., Walmart report earnings, July retail sales data

The Commerce Department issues its July retail sales report on Tuesday, TJX reports its second-quarter earnings before the bell on Wednesday, and Walmart releases its second-quarter financial results before markets open on Thursday

14.08 / 05:51

Lowe's SENSEX show electronic Drop BEL shares drop 1.52% as Sensex falls

Bharat Electronics Ltd. traded 1.52 per cent down at Rs 130.0 at 11:11AM (IST) on Monday, even as BSE benchmark Sensex dropped 300.25 points to 65022.4.

14.08 / 04:13

UPS Manufacturing show electronic Is there enough headroom for ITC to rise significantly from here? Jonathan Schiessl answers

Jonathan Schiessl, Deputy CIO, Westminster Asset Management, says “the FMCG side of ITC’s business has always been theITCdarling of the business that will grow one day and become a huge side. Yes, it is clearly a big business. Clearly, it has been accelerating momentum but it is a very competitive space.

13.08 / 18:21

UPS Digital Waters Manufacturing stage electronic Tata Projects to focus on building chip factories

MUMBAI : Tata Projects Ltd expects to earn around 20% of its revenue from building factories for semiconductor manufacturing by FY25-26, its managing director, Vinayak Pai, said in an interview. “One of our strong focus areas is design and EPC (engineering, procurement and construction) of state- of-the-art gigafactory for semiconductor and electronics manufacturing. We can leverage our significant experience in electronics and solar panel manufacturing facilities as well as data centres to deliver value to our customers for semiconductor and chip manufacturing," Pai said.

13.08 / 18:13

UPS FIVE Aware Manufacturing Mobile Samsung electronic Samsung to get up to ₹600 cr as phone manufacturing PLI

NEW DELHI : The Union government is likely to disburse up to ₹600 crore to South Korea’s Samsung Electronics Co. Ltd for the first year under the production-linked incentive (PLI) scheme for mobile phone manufacturing, three people aware of the development said. This would be the largest payout ever under the scheme, the first in a series of similar schemes rolled out to incentivize domestic manufacturing.

13.08 / 12:41

UPS Manufacturing stage country electronic ACC battery market demand in India to rise to 220 GWh by 2030, says CII report

Ashok Leyland and JCB. Sondhi added, "It is imperative for India to not only strengthen the national battery raw materials and manufacturing set-up but also to become a globally trusted supplier of high-quality, innovative battery materials to counter the Chinese supremacy in the domain." The CII report recommended development of domestic mines as several raw minerals such as cobalt, nickel, and copper have a negligible reserve, production, and refining capacity in the country.

13.08 / 07:57

Action Enterprise Everest electronic dividend week Corporate actions this week: Eicher Motors, ONGC to go ex-dividend, Avantel ex-split and more

corporate actions scheduled for this week. Coal India, ONGC, IRCTC, Jindal Steel & Power, Eicher Motors, and Hindalco will trade ex-dividend, while Avantel and Shree Oswal Seeds and Chemicals will ex-split this week.

13.08 / 07:39

UPS Assurant Apple POT electronic Apple iPhone Vijay Sales Mega Freedom Sale: Get Apple iPhone 14 for up to ₹42, 900 and deals on speakers, smartwatches, more

e Mega Freedom Sale, Vijay Sales has launched a campaign powered by Paytm. Interestingly, 30 lucky winners will walk away with Apple Watches, whereas all shoppers will win an assured movie ticket voucher. To participate, customers need to shop electronics on EMI via Paytm at Vijay Sales stores.

13.08 / 07:11

Extreme country electronic Pak media watchdog bans coverage of 11 persons critical of military and previous government

Pakistan Electronic Media Regulatory Authority (Pemra) issued a directive on Saturday, citing a decision from the Sindh High Court that such people cannot enjoy certain rights like appearing on television, the Dawn newspaper reported. Pemra directive has also said that under section 27 of Pemra Ordinance 2002, «hereby prohibits media coverage of above-mentioned individuals being proclaimed offenders on electronic media and refrain from airing any news, reports, statements or tickers of these individuals».

13.08 / 03:03

UPS Manufacturing LinkedIn HON electronic Foxconn tops up commitment for Telangana to $550 million

FIT Hon Teng's (Foxconn) board approved a $400-million investment in Telangana, Foxconn India representative V Lee said in a LinkedIn post. This is in addition to an earlier commitment of $150 million Foxconn had made in the state. «FIT Singapore intends to inject a capital sum of $400,000,000 into Chang Yi Interconnect Technology (India) Pvt Ltd, in which FIT Singapore holds 99.99% of the capital stock,» FIT Hon Teng said in a filing to the Hong Kong Stock Exchange on Friday that was posted by Lee.

12.08 / 18:47

Provident Twitter Digital Citizens country electronic Digital Personal Data Protection Bill gets President's assent, becomes law

Personal Data Protection (DPDP) Bill has been granted assent by President Droupadi Murmu, making it into law. The permission was granted by the President on August 11 and it was notified in the gazette the same day. India, which is one of the largest data markets in the world, will finally get its privacy law with the President’s assent.

12.08 / 15:13

Man Action Enterprise Everest Whirlpool AGRO electronic dividend week Dividend Stocks: Eicher Motors, ONGC, Coal India, IRCTC, others to trade ex-dividend next week; check full list

₹10 to ₹2. EFC Ltd will also declare a stock split on August 18 from ₹10 to ₹2. CL Educate will declare buyback of shares on August 14 and Control Prints will declare the same on August 18.

12.08 / 12:53

Digital Manufacturing Apple AirPods HON electronic Apple supplier Foxconn increases Telangana investment proposal: ‘Another US$400 million is coming…’

Taiwan-based Foxconn has revealed plans to increase their investment in India by ‘another $400 million’. Apple's biggest supplier is likely to use its upcoming Kongarkalan facility for the manufacture of AirPods and other digital accesories. The company had laid the foundation for a new electronics manufacturing facility in May this year as part of its USD 500 million investment in Karnataka "…FIT Singapore's proposal to make a capital injection of US$ 400,000,000 to Chang Yi Interconnect Technology (India) Private Limited, which is held by FIT Singapore as to 99.99 per cent of the capital stock," FIT Hon Teng informed the Hong Kong Stock Exchange on Friday.

12.08 / 10:45

Reuters Digital Manufacturing performer electronic Explainer fall Mint Explainer: Why did India's industrial production fall in June?

NEW DELHI: India's industrial production growth dipped to 3.7% in June, from 5.3% in May. Mint explains why. The growth fell during June primarily due to weaker manufacturing growth.

12.08 / 10:11

Citi Target Telegram Strategy Shell electronic Russia downs 20 drones over Crimea following a spate of attacks on Moscow

Russia thwarted an attack by 20 Ukrainian drones targeting Moscow-annexed Crimea overnight, the Russian Defense Ministry said Saturday. Fourteen drones were shot down by Russian air defenses and a further six were jammed electronically, the ministry said in a Telegram post. No casualties or damage were reported.

12.08 / 10:11

UPS Manufacturing Apple HON social electronic Apple supplier Foxconn ups its investment proposal in Telangana to $550 million

Telangana, V Lee, Foxconn India representative said in a social media post. Taiwan-based contract manufacturer Foxconn is Apple's biggest supplier. "...FIT Singapore's proposal to make a capital injection of US$ 400,000,000 to Chang Yi Interconnect Technology (India) Private Limited, which is held by FIT Singapore as to 99.99 per cent of the capital stock," FIT Hon Teng informed the Hong Kong Stock Exchange on Friday.

12.08 / 00:11

electronic What is Section 150? All you need to know as govt mulls repeal of sedition law

The offence of sedition may soon cease to exist as the Centre mulls a replacement for the Indian Penal Code. Home Minister Amit Shah introduced the Bharatiya Nyaya Sanhita Bill to the Lok Sabha on the final day of the Monsoon Session.

11.08 / 19:41

UPS Provident Digital Align electronic Indian Bharatiya Sakshya Bill to replace Indian Evidence Act, here's what may change

Bar and Bench quoting the PDF of the bill. As per the bill, it aims to 'consolidate and to provide for general rules and principles of evidence for fair trial', said Shah in Lok Sabha.

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