Manufacturing Financial News

Insolation Energy Limited (INA Solar) has joined hands with the illustrious Lucknow Super Giants forming a Strategic Partnership to promote the use of Solar Energy for the upcoming T20 season 2024. INA Solar and Lucknow Super Giants T20 Partnership was inaugurated by the Deputy Chief Minister of Uttar Pradesh, Honorable Shri Brijesh Pathak.

₹10 per equity share, is a mix of fresh issue of shares of up to ₹200 crore and an offer of sale of up to 4.45 million by the promoter group and investor-selling shareholders. The offer for sale consists of the sale of equity shares of up to 7.20 lakh by Arvind Nanda, up to 7.90 lakh shares by Gautam Suri, up to 5.40 lakh shares by Ishaan Suri, up to 6 lakh shares by Shobhna Suri, up to 1.80 million by OIH Mauritius Limited.

slowdown in the large economies such as those of US, UK and Europe, India’s economy is seen to be growing since there is a limited impact of other economies on India’s GDP/ profit growth. This is reflected, among other key points, in the Tata Mutual Fund’s Equity Outlook Report for March 2024. While commenting on the common challenge to the global economy, the report refers to the urgent need to bring inflation down without causing too much collateral damage to economy and labour markets.

₹7,500 crore for 1,390 electric buses. This substantial tender has been awarded by Convergence Energy Services Limited (CESL) as part of the PM-eBus Sewa Scheme. Under this scheme, JBM Ecolife Mobility will be responsible for the procurement, supply, operation, and maintenance of the buses, along with the development of associated electric and civil infrastructure on a gross cost contracting (GCC) basis.

₹1,250 crore from International Finance Corporation (IFC), the private-sector arm of the World Bank Group, by issuing sustainability-linked non-convertible debentures (NCD). It said the funds would be used to support decarbonisation through its new paint-manufacturing business.

Popular Vehicles and Services — 2% over the issue price on Tuesday. Despite a tepid debut, analysts are positive about the company's prospects in the medium- to long-term horizon, betting on the strong demand growth for the automobile industry.

Hero Electric, Okinawa Autotech, and Benling India have allegedly failed to repay the subsidies they claimed incorrectly. Livemint could not independently verify this news.

Stock market today: Popular Vehicles share price today listed on BSE and NSE in a special pre-open session. Popular Vehicles share price today opened on BSE at ₹292 apiece whereas, on NSE, Popular Vehicles share price is listed at ₹289.20 per share. After the discounted listing of JG Chemicals IPO, RK Swamy IPO, and Gopal Snacks IPO, Popular Vehicles and Services IPO is the fourth straight mainboard IPO that is listed at a discounted price.

Indian share markets have experienced notable volatility since the year began, characterized by significant fluctuations. This volatility largely stems from high valuations in the small and mid-cap segments, triggering profit-taking sessions amid global economic concerns. Despite these fluctuations, investor optimism remains strong, buoyed by positive macroeconomic indicators like inflation and GST collections.

Signoria Creation debuted on the NSE SME platform with a premium of 101.54% on Tuesday. The stock listed at Rs 131 on NSE as against an issue price of Rs 65. Ahead of the listing, the company's shares traded with a premium of Rs 60 in the unlisted market.

Investing.com-- North American investors still have more room to invest in Japanese stock markets, BOFA analysts said in a recent note, with a bulk of investors on the cusp of allocating more capital after a stellar rally over the past year. 

Nvidia (NASDAQ:NVDA) unveiled on Monday its latest artificial intelligence (AI) chips and software at its developer's conference in San Jose, marking a significant step in reinforcing its leadership in the AI sector.

In this article, we have compiled a handpicked list of the best overhead showers in India which are packed with various features that would make your showering experience relaxed and energising. All of the mentioned options are readily available on Amazon and you can place your order using the provided buying links right now.

Indian startups are expected to raise $10-12 billion this year, Peak XV Partners managing director Rajan Anandan said on Monday. “$10 billion, which is Rs 80,000 crores of funding per year, is enough to build our ecosystem,” he said.

Electoral bonds data 2nd list: The fresh data published by the Election Commission of India (ECI) on Sunday revealed some intricate details about the political funding through electoral bonds. In the second set of data, some parties have revealed the names of their donors and interestingly the name of the company behind the IPL franchise Chennai Super Kings (CSK) also features in the list. Chennai Super Kings Cricket Ltd is the biggest donor of Tamil Nadu-based AIADMK.

NEW DELHI : Procter & Gamble Health Ltd, a subsidiary of the multinational consumer goods firm Procter & Gamble, is preparing to expand its portfolio of vitamins, minerals, and supplements (VMS), especially neurotrophic vitamins, under its five-year plan, Milind Thatte, MD of the company, said. The company has a portfolio that comprises 90% of VMS products, with nasal decongestant Nasivision accounting for the remainder. “We are constantly upgrading our portfolio offerings and have launched four different products in the last three to four years.

The Dutch government says that French defense industry heavyweight Naval Group has been chosen to build four new diesel-electric submarines for the Dutch navy

₹4,150 crore and manufacturing should commence within three years of receiving approval. Besides strengthening the EV ecosystem, the policy could also boost the Make in India initiative as it mandates domestic value-addition of 25% by the third year and 50% by the fifth. Elara Securities (India) notes that India could become an export hub in the future, given that global automakers are looking to diversify beyond China.

Boeing is telling airlines to inspect switches on pilots’ seats after a published report said an accidental seat movement likely caused the sudden plunge of a LATAM Airlines plane flying to New Zealand

China has reported its manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy

Ashish Bhandari, MD & CEO, Thermax Group, says “by 2030, almost two-thirds of Thermax would be growing businesses that are very small today as part of the larger Thermax portfolio. We expect to drive almost every one of these newer areas that we are getting into and they are not necessarily, there are solutions around; even cooling, For almost everybody that I speak with, including people that are looking to add capacities in India, the domestic consumption story is a big part and perhaps a bigger part of the dialogue.” Given that we are at perhaps the brink of the manufacturing renaissance in India, what role do you see the Thermax Group playing in the next three to five years? Ashish Bhandari: Thermax is a company that has been part of India's energy spectrum for more than 50 years. As we look at the future, we see our role very clearly as one that balances energy availability with energy sustainability. So, energy transition-related technologies, not just green but how do you make the existing carbon footprint greener, more efficient and better.