Manufacturing Financial News

24.01 / 06:15

markets UPS Manufacturing Strategy Research Experts Birlasoft share price jumps ahead of Q3 results today. Buy or sell?

Buy or sell stock: Birlasoft shares witnessed strong buying interest during ealy morning deals at the Indian stock market. The multibagger IT stock opened upside and went on to touch an intraday high of ₹814.90 apiece on NSE within a few minutes of stock market's opening bell. However, Birlasoft share price missed by a whisker to breach its lifetime high of ₹817.90 per share.

24.01 / 05:43

markets UPS Manufacturing Trade show reports Asia FX muted, dollar steady amid rate-cut uncertainty; Yen up on BOJ

Investing.com-- Most Asian currencies kept to a tight range on Wednesday, while the dollar steadied near six-week highs as markets awaited more cues on when the Federal Reserve could begin trimming interest rates.

24.01 / 05:43

markets Manufacturing Netflix Trade actress 2020 reports Marketmind: No luck for China stocks, or for Barbie

A look at the day ahead in European and global markets from Ankur Banerjee

24.01 / 05:23

markets Provident Citizens Manufacturing Election reports Updates Interim Budget 2024: Six key areas to look out for

interim Budget on February 1. The full-fledged budget for the financial year 2024-25 will be announced once the new government comes to power after the upcoming 2024 Lok Sabha elections.

24.01 / 04:57

Manufacturing security Sustainability Parke President country International China's Envision Energy to manufacture wind turbines for Greenko's AM Green

Envision Energy International, and AM Green, a hydrogen and green ammonia venture wholly owned and controlled by the founders of Greenko Group, have signed an agreement to partner in the manufacture of wind turbines for AM Green’s clean energy projects in India and collaborate on green hydrogen projects. The agreement was signed during the World Economic Forum’s Annual Summit in Davos, Switzerland, the companies said on Wednesday. AM Green and Envision will harness complementary capabilities to manufacture, supply, and service wind turbines in India specific to AM Green’s wind turbine requirements. Through its customers, AM Green will look to commit to an offtake of at least 2GW of capacity per year over the next three years.

24.01 / 04:57

markets UPS Waves Manufacturing Gap President country AI Computers to Drive Next Replacement Cycle in Indian PC Market, says Asus Executive

PCs, will fuel the next replacement cycle for the Indian PC market that has been falling since 2021, according to Taiwanese firm Asus that will launch an AI-powered consumer notebook in the country on Wednesday. “How we are looking at AI PCs is similar to how we looked at smartphones when they first arrived 10 years back,” Arnold Su, vice president, consumer and gaming PC, at Asus India, told ET. “They were different, new, and promised to make our lives easier.

24.01 / 02:47

Reuters Cooper Manufacturing Trade reports Interviews Investigations China says EU's 'unfair' EV subsidies probe risks damaging ties

China's ambassador to the European Union called the EU's probe into Chinese electric vehicle manufacturers over state subsidies «unfair», Fu Cong told Bloomberg News in an interview. Cong told Bloomberg that China is cooperating with the EU's probe «because we do want to avoid a situation that the two sides will have to resort to trade measures against each other».

24.01 / 01:15

markets UPS Target Manufacturing reports Bajaj Auto Q3 Results Preview: Net profit, revenue may rise over 30% YoY led by volume growth, rich product mix

Bajaj Auto Q3 Results Preview: Bajaj Auto will announce its October-December quarter results for fiscal 2023-24 (Q3FY24) on Wednesday, January 24. The two and three-wheeler major is expected to report robust growth in net profit and revenue driven by volume growth, price hikes, and a better product mix in favour of premium vehicles, according to estimates by analysts and leading brokerage houses. The net profit of the auto original equipment manufacturer (OEM) is expected to rise 33 per cent year-on-year (YoY) to ₹1,987 crore and revenue may rise 31 per cent to ₹12,258 crore.

24.01 / 01:15

markets Cooper Manufacturing Research love Interviews International Japanese firms love to invest in India. Here’s why

India remains the top choice for Japanese manufacturing firms looking to invest abroad, Itagaki Shinichi of the state-owned Japan Bank for International Cooperation (JBIC) said in an interview. Itagaki, who directs JBIC’s strategic and geopolitical research, said political pressures and negative images had made China less attractive for Japanese firms, benefiting India. Itagaki said the proportion of Japanese companies with business plans in India has jumped from around 35% in 2021 to 45.8 in 2023, according to a JBIC survey of Japanese manufacturing enterprises conducted in 2023.

23.01 / 20:01

markets UPS Provident Manufacturing information reports 5 Dividend Kings Boasting 60+ Years of Yield Growth and Promising Prospects

Dividend kings are distinguished by their remarkable track record of consistently paying dividends to shareholders for an impressive span of at least 50 consecutive years. These companies not only distribute dividends regularly but also exhibit a commendable trend of consistently increasing them.

23.01 / 17:56

UPS Manufacturing CEO Airlines Boeing Investigations United Airlines CEO says airline will consider alternatives to Boeing's next airplane

The CEO of United Airlines is frustrated about ongoing manufacturing problems at Boeing, and his airline will consider alternatives to buying a future, larger version of the Boeing 737 Max

23.01 / 17:31

Manufacturing Southern wellness students social Schools Courts 17-year-old student suspected of planning jihadist attack on school detained in Spain

Madrid: Spain's high court on Tuesday ordered that a 17-year-old student suspected of having links to the militant Islamic State group and of planning to attack his high school be held on remand at a youth detention centre for at least six months. The student, a Syrian national, was arrested early on Monday in the southern town of Montellano near Seville, and has been charged with belonging to a terrorist organisation and possessing explosives. Jose Luis de Castro, the judge in charge of the court's section for minors, said in his order that "these felonies of enormous gravity" justified the pre-trial detention.

23.01 / 17:19

COST Manufacturing economy Research show reports Headlines Canada hit technical recession in 2023, small business group forecasts

Canada’s economy hit a technical recession at the end of 2023 and will continue to struggle to grow in the new year, according to forecasts from the Canadian Federation of Independent Business.

23.01 / 17:15

markets IPO Booking Manufacturing Enterprise Food band Mayank Cattle Food IPO: From price band to GMP, here's all you need to know

₹108 per share for its upcoming initial public offering (IPO). The small and medium enterprises (SME) IPO will open for subscription on January 29, 2024 and closes on January 31, 2024. Mayank Cattle Food IPO is a fixed price issue of ₹19.44 crores.

23.01 / 16:05

Target Manufacturing electronic CCI greenlights Tata Electronics' acquisition of iPhone maker Wistron Infocomm

Tata Electronics-Wistron deal. This proposed combination involves the acquisition of 100 per cent equity share capital of Wistron Infocomm Manufacturing (India) Private Limited by Tata Electronics Private Limited.

23.01 / 16:05

UPS Manufacturing pandemic outbreak innovations Vaccines Serum Institute to receive up to $30 mn from global network to make pandemic vaccines

NEW DELHI : Serum Institute of India is set to receive up to $30 million from the Coalition for Epidemic Preparedness Innovations, or CEPI, to expand its vaccine production capability, specifically targeting infections that hold potential to trigger an epidemic or pandemic. “This would then enable CEPI-backed vaccine developers to quickly transfer their technology to SII within days or weeks of an outbreak to begin rapid production and equitable distribution of affordable vaccines to affected populations," SII said in a statement on Tuesday.

23.01 / 15:25

markets UPS Manufacturing CEO Stellantis can become global leader in commercial vehicles by 2030-CEO

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23.01 / 14:43

COST Target Manufacturing CEO Align Sustainability Budget 2024 expectations: EV industry pins hopes on subsidy extension and GST reforms

FAME scheme in promoting widespread EV adoption. Sreyas acknowledged the government's dedication to the cause but pointed out a notable disparity in GST rates between EVs sold with fixed batteries (taxed at 5%) and lithium-ion batteries used for swapping (taxed at 18% when sold separately). Anticipating the budget, Sreyas expressed hope for GST parity for EV batteries used in swapping, aligning them with the 5% bracket to fortify the EV landscape.

23.01 / 11:45

markets UPS Provident Manufacturing Align wellness Dental startup Dezy undergoes a painful realignment of its own

BENGALURU : For dental-tech startup Dezy, a problem of plenty has forced it to lay off nearly 200 employees, shut a key division, and tweak its business model to focus on operating a chain of clinics. The startup, founded in 2018 and originally known as smiles.ai, began with selling transparent teeth aligners, competing with the likes of Toothsi, Snazzy and TeethLogic. This original business plan worked well, and orders spiked last year from a few dozens every month to thousands.

23.01 / 10:13

UPS Waves Manufacturing economy wellness country Schools India has to work on the levers around capital absorption and capital flow incentivisation: Gokul Chaudhri

Gokul Chaudhri, Tax Leader,Deloitte India, says “the energy transition is going to be involving, let us say, the rollout of green bonds and green financing and so forth. And that will also bring in its own tax levers, because there will have to be an incentivisation around the entire green space as to how to enable the energy transitions to happen, including the PLI for a number of products that go into the green economy, plus also the incentivise around the green bonds. So there are a fair number of levers that India today has to enable that capital absorption as well as capital flow incentivisation.”

23.01 / 09:39

markets IPO Booking Manufacturing show recommendations Relationships Epack Durbales IPO fully subscribed on Day 2. Check GMP and other details

Epack Durables was fully subscribed on Tuesday, the second day of the bidding process. The overall subscription stood at 2.6 times so far, driven by heavy bidding from non-institutional and retail investors, whose categories were booked 4.5 times and 2.9 times, respectively. The issue closes on January 24.

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