Manufacturing Financial News

explains what a geopolitically unstable Arab world could mean for India’s oil imports, and subsequently the economy. Tata Consultancy Services, one of the biggest employers in the private sector, saw a major deduction in its workforce during FY24. The Tata Group-owned company's employee count decreased by 13,249 from the previous year to 601,546.

two-wheeler maker Odysse Electric is looking to raise USD 5-10 million to drive its growth plans, including new product development and scaling up manufacturing capabilities, as it sets sight on the mass segment, company's Chief Executive Officer Nemin Vora has said. The company has already started the process to secure external funding, which is expected to be completed by the current quarter of this fiscal, Vora said in an interaction with PTI. Operational since 2020, the city-based EV maker with over 60 dealerships across 20-plus states claims to have sold over 10,000 vehicles in the domestic market till date, besides having an order book of over 20,000 vehicles through its B2B channel. Odysse offers seven vehicle models with 12 variants, comprising both high- and low-speed electric scooters as well as bikes.

₹495. The current market price of Pricol Ltd is ₹425.25. "We anticipate significant benefits for the company stemming from the robust demand across various segments of the automotive industry, including 2-wheelers, commercial vehicles, tractors, and off-road vehicles.

Also Read | Elon Musk may announce Tesla's entry in India after meet with PM Modi on April 22: Report Additionally, the Financial Times earlier this month reported that Elon Musk had sent a team to India in April to scout for sites for a proposed $2 billion to $3 billion electric car plant. Musk was reportedly poised to disclose plans for injecting nearly ₹3 billion into the Indian market, primarily earmarked for the establishment of a new manufacturing facility.

The Environmental Protection Agency has designated two forever chemicals used in cookware, carpets and firefighting foams as hazardous substances

Employees at a Volkswagen factory in Chattanooga, Tennessee, have voted overwhelmingly in favor of joining the United Auto Workers union, boosting the UAW's nationwide effort to organize nonunion factories

Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China on Beijing’s orders

Vedanta shares: After ushering in the new year 2024, Vedanta share price remained in base-building mode till the middle of March 2024. However, after bottoming out at ₹250 apiece levels in mid-March, Vedanta share price has remained in an uptrend. Vedanta share price ended on Friday at around ₹385 apiece, which means the Vedanta share has risen to the tune of 50 percent since mid-March.

Lok Sabha Elections 2024 Phase 1 Polling: Live updates Nigeria's regu

IPO of JNK India, which opens for subscription on April 23. Apart from this, the SME segment will also see three public offers. Despite a slow start to the new financial year, analysts are exceedingly optimistic about the public issues scheduled for the remainder of the year.

Nirmala Sitharaman on Saturday said the Centre has tailored policies to make India an attractive destination for manufacturing and services, and the aim was to produce not just for the domestic market but for exports as well. She was responding to a query on American tech billionaire Elon Musk postponing his meeting with Prime Minister Narendra Modi. «Policies have been made to attract investments. We want manufacturers and investors to come and produce not just for India but also for exports. We will try to attract manufacturers and investors through policies,» she told reporters. Tesla CEO Musk on Saturday said his visit to India has been delayed due to the company's heavy obligations.

The French government has announced a new rule that will require stores to tell customers when a product becomes smaller but its price stays the same or increases

Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings, Elon Musk will fly to India to squeeze in a meeting with Prime Minister Narendra Modi. It’s not an idle period for Modi either, who’s criss-crossing states for election rallies days after voting kicked off in the world’s biggest ballot where he’s seeking a third term.

Tesla's Elon Musk likely to unveil ₹3 billion India investment during visit Additionally, he was likely to explore opportunities for his satellite internet business, Starlink, in India, pending regulatory approvals. Musk had in the past called for import duty reduction in India for it to be able to sell Tesla cars in the country.

Nevada's Supreme Court has handed setbacks to gun-right defenders and anti-abortion activists in two new rulings

On a plain in western Utah, two massive caverns—each roughly big enough to house the Empire State Building—are being hollowed out of rock salt a mile underground. Salt caverns like these are emerging as one possible solution to the question of how to store solar and wind energy for later use. It’s a three-step process.

Indo Count, a global bed linen manufacturer and exporter, announced its strategic acquisition of the international home fashion brand Wamsutta from Beyond, Inc.

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The U.S. has hit Iran with a new wave of sanctions and export controls in response to the country’s recent air attack on Israel, a move aimed at grounding Iran’s drone program and pinching its national revenue. The U.S.

Also Read: Vodafone Idea FPO day 2: GMP, subscription status to review. Should you subscribe to this ₹18,000 crore issue? Ramdevbaba Solvent IPO registrar is Bigshare Services Pvt Ltd.

The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho