Manufacturing Financial News

01.08 / 21:57

markets DOW Manufacturing Platform economy show reports Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points

U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth

01.08 / 21:37

Manufacturing Platform Hyundai wellness trends innovations Updates How EV upgrades are different from gasoline changes? What changes will BYD's SEAL and Hyundai's Ioniq 5 undergo? Details here

electric vehicles have stormed the automotive sector and left the conventional automobile manufactures upset and bewildered, they face many questions as they have created many new problems as well. So, when Hyundai's Ioniq 5 and BYD's SEAL received many significant updates ahead of the typical five-year facelift cycle, no one was shocked. Though these models were introduced in 2021 and 2022 respectively, they had to undergo certain updates much before the time. As the global automotive industry standard generally involves cosmetic upgrades to keep cars relevant, it became clear that these cars become old too early.

01.08 / 15:38

UPS Manufacturing Metro show country testing travelers 5.02 lakh recruitments in Railways during NDA government compared to 4.11 lakh in UPA rule: Ashwini Vaishnaw in Lok Sabha

Ashwini Vaishnaw on Friday cited figures to show that there were about one lakh more recruitments during the past 10 years of BJP-led NDA government compared to 10 years of UPA government and said that there is an annual calendar for railway recruitment. Replying to the debate on the working of his ministry in Lok Sabha, Vaishnaw highlighted that the ratio of general coaches, including sleeper and non-AC coaches, to AC coaches is almost 2:1. He pointed out that during the UPA rule, the average number of accidents per year was 171 which has now been reduced by 68 per cent and the government is committed to the of goal of safety.

01.08 / 12:10

markets COST IPO Manufacturing Gap Trade reports Will investors greet Ola IPO at lower valuation?

opens on Fridayat a scaled-down valuation. The initial public offering (IPO) pricing values India’s largest electric scooter maker at $4 billion, about 25% discount to the valuation based on the last private funding round in September. In fact, the valuation is also sharply lower from as much as $7 billion that news reports had said the company’s founder was initially aiming at, but had received investor pushback.

01.08 / 11:15

COST Fox Manufacturing CEO President reports Manufacturers talk 2024, what’s needed to keep US thriving

Jay Timmons, president and CEO of the National Association of Manufacturers, talks about what the industry needs from the next administration to keep growing and to maintain global dominance.

01.08 / 10:22

markets IPO Manufacturing security Research Trade band Ola Electric IPO opens tomorrow. Here's what GMP signals ahead of issue launch

Ola Electric, the biggest of this year, will open for subscription on Friday. Ahead of the listing, the company's shares are trading with a premium of Rs 15 in the unlisted market. Considering the upper price band, the stock is boasting a premium of 20% to the issue price. The IPO is priced in the range of Rs 72-76 per share.

01.08 / 08:45

markets UPS IPO Booking Manufacturing Trade Pharmaceuticals Akums Drugs and Pharma IPO: Check subscription on Day 3, GMP and other details

Non-institutional investors drove the strong demand with a subscription of 22.8 times, followed by retail investors, whose category was booked 13.8 times. The part reserved for QIB investors was booked the least at 2.4 times.

01.08 / 07:51

UPS Citi Manufacturing Southern reports Warehouse leasing increases by 8% year-on-year

Warehouse space take up during H1 2024 witnessed an absorption of 16.6 Mn sq ft, an increase of 8% over the same period a year ago.

01.08 / 07:49

Waves Manufacturing security Strategy economy Research reports Riding the wave: Why sectoral and thematic funds are thriving this year

active mutual fund flows so far this year. In June alone, inflows into these funds reached ₹22,350 crore, accounting for 55% of total active flows, an 18 July research report by Elara Securities said. Since the beginning of this year, thematic and sectoral funds have attracted ₹70,000 crore in inflows.

01.08 / 07:33

markets UPS IPO Manufacturing security Research Rubicon Research files DRHP for Rs 1,085 crore IPO

Rubicon Research has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for ₹1085 crore initial public offer (IPO). The company’s IPO comprises a fresh issue of up to ₹500 crore and an offer for sale of up to ₹ 585 crore by the promoter selling shareholder, General Atlantic Singapore RR Pte Limited.

01.08 / 07:31

COST UPS Manufacturing Gap economy show reports Is Uttar Pradesh stuck with low women's participation in its labour force?

The state of Uttar Pradesh is deceptively large. Working-age women (20-59 years) in the state—about 57 million in 2021—outnumber the entire population of countries like Canada, Australia, Malaysia, and South Korea. The state has more women aged 20-29 than the combined population of Norway, Finland and Denmark.

01.08 / 07:23

markets UPS Manufacturing performer track International Automobile Corp of Goa: Should you invest in this high-flying Tata Group stock?

Tata Group companyAutomobile Corp of Goa was a standout performer in the fourth quarter of FY24, with profit growth of 41% driven by 25% sales growth. Market participants were tracking the company and how it would perform in the following quarter, and it did not disappoint. The auto ancillary company posted robust growth In the first quarter of FY25, causing its stock to hit an all-time high of ₹2,861 on the BSE on 31 July.

01.08 / 05:55

Manufacturing Software Enterprise wellness Healthcare stage social Manipal’s Ranjan Pai to invest in Atul Gupta’s $250 mln fund

Mint. Trident’s first-ever fund has already received commitments from various other investors. “The discussions are still in a preliminary stage and not much has been decided yet," one of the people cited above said.

01.08 / 02:44

markets UPS Manufacturing show rowing Mint Quick Edit | Self-goals had a role in China's slump

China’s purchasing managers’ index (PMI) for manufacturing shows that the world’s factory is sputtering. It logged a third month of contraction in a row this July, with a reading of 49.4, which is under the 50 mark that separates it from expansion.

01.08 / 01:49

SUN Manufacturing Software Enterprise reports Investigations Stocks in news: ITC, Tata Motors, Zomato, Adani Enterprises, Infosys

ITC, Tata Motors, Zomato, Adani Enterprises, Infosys among others will be in focus due to quarterly results and various news developments. ITC, Sun Pharma, Tata Motors, Adani Enterprises, Adani Ports, Zomato and Dabur

31.07 / 22:06

Manufacturing Highways Death show testing Traffic Investigations US stands by decision that 50 million air bag inflators are dangerous, steps closer to huge recall

U.S. auto safety regulators say they stand by a conclusion that more than 50 million air bag inflators are dangerous and should be recalled

31.07 / 21:16

Manufacturing CEO Airlines Boeing wellness reports International Boeing names its next CEO while posting a quarterly loss of more than $1.4 billion

Boeing has a new chief executive

31.07 / 20:29

Provident Target Cooper Manufacturing wellness pandemic country Budget aims to push mfg, boost India's share in global growth: FM Nirmala Sitharaman

Nirmala Sitharaman Wednesday said the budget seeks to strike a fine balance among several overriding priorities and will provide impetus to local manufacturing, boost employment and raise India's share in global growth. «Growth, employment, welfare spending, capital investments, and fiscal consolidation are given equal place,» she said in Rajya Sabha.

31.07 / 18:27

Manufacturing security Strategy economy electronic 2020 International Chinese FDI Pe Charcha: The debate on Chinese investments in India

Economic Survey dropped a political clanger by arguing that getting FDI from China could help India improve its participation in global supply chains through exports. The strategy document notes that many companies have adopted a 'China+1' strategy to reduce reliance on Beijing for advanced electronic items and components. While India may not be an immediate 'beneficiary' of this approach to diversify manufacturing away from China, GoI's PLI scheme, taxation holidays and subsidies have significantly attracted companies to invest in India.

31.07 / 18:08

markets Manufacturing Sustainability community social inclusion reports Japanese automaker Nissan aims for sustainability, worker inclusivity

Nissan says it has a “sustainability plan” to become a greener and more inclusive company

31.07 / 15:50

UPS FIVE Manufacturing wellness prevention Relationships Industries Minister MB Patil says Toyota with Karnataka as automakers big ticket investment in Maharashtra sparks concerns

MB Patil onWednesday said Toyota Kirloskar Motor (TKML) setting up a plant in Maharashtra was part of its diversification plans and it should not be viewed as a flight of capital.

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