Manufacturing Financial News
03.01 / 16:15
UPS
Manufacturing
Airlines
Remark
Inside
evacuation
exits
A burning jet, three exits: How 379 flyers were saved in Tokyo
Japan Airlines Flight JL516 skidded to a fiery halt after colliding with another plane on the runway at Tokyo Haneda airport on Jan. 2, cabin crew faced a daunting scenario. The intercom system to communicate between flight deck and cabin had broken down, one of the giant engines was still spinning and couldn’t be shut off, and only three of the eight escape doors were available to evacuate the stricken aircraft as flames licked up the kerosene-covered fuselage.
03.01 / 15:39
COST
Target
Manufacturing
Tesla
Trade
reports
2024
Tesla Faces a Higher Bar for Hype in 2024
Tesla shares had a stellar 2023, in large part because they had such a dismal end to 2022. By the same logic, this year could be tough for the world’s most traded stock. The company delivered roughly 485,000 electric vehicles last quarter—a bit better than expected, but worse than its Chinese rival BYD, which sold about 526,000.
03.01 / 15:27
UPS
Reuters
Manufacturing
economy
reports
US manufacturing sector eyes recovery in December; ISM PMI increased to 47.4
improvement in factory employment. The Institute for Supply Management (ISM) said on Wednesday that its manufacturing PMI increased to 47.4 last month after being unchanged at 46.7 for two straight months. It was the 14th consecutive month that the PMI stayed below 50, which indicates contraction in manufacturing. That is the longest such stretch since the period from August 2000 to January 2002.
03.01 / 13:41
Citi
Manufacturing
Mobile
Parke
Election
Department
Gujarat signs deal worth ₹7.17 trillion with 58 companies ahead of Vibrant Gujarat Global Summit
AHMEDABAD : India's Gujarat state on Wednesday signed initial investment agreements worth ₹7.17 trillion ($86.07 billion) with 58 companies operating in sectors such as energy, oil and gas, and chemicals, its government said. The home state of Prime Minister Narendra Modi, Gujarat has been signing these agreements ahead of its biennial Vibrant Gujarat Global Summit, which is scheduled to take place in state capital Gandhinagar from Jan. 10 to Jan.
03.01 / 13:38
UPS
Target
Manufacturing
Tesla
TSLA
reports
Jefferies raises estimates on Tesla following 4Q volume report
Jefferies reiterated a Hold rating on Tesla (NASDAQ:TSLA) and raised their 12-month price target on the stock to $255.00 (From $210.00) following the electric automaker’s 4Q volume report.
03.01 / 12:56
COST
Target
Manufacturing
Analysis
reports
rights
Updates
I G Petrochemicals: This multibagger stock is down 49% from its all-time high; is this the right time to buy?
₹1,017.90, it is currently down by 49%. Despite this steep drop, the stock's 10-year return stands at 2071%. In its recent analysis, domestic brokerage firm Keynote Capitals has initiated coverage on the company, assigning it a 'buy' rating and establishing a target price of ₹819 per share.
03.01 / 12:54
IPO
Booking
Manufacturing
security
band
Jyoti CNC Automation IPO to be launched on January 9, check details here
₹1,000 crore. The public offer consists of a fresh issue by the company, devoid of any offer-for-sale component. The anchor book of the issue will be launched a day before i.e.
03.01 / 12:40
UPS
Manufacturing
Tesla
information
Department
Vibrant Gujarat summit: Investment pacts worth Rs 7.17 lk cr signed with cos like HPCL, IOCL, Power Grid
Vibrant Gujarat summit, the state has signed investment pacts worth Rs 7.17 lakh crore or $86 billion with at least 58 companies including the likes of HPCL, IOCL and Power Grid, it was announced on Wednesday. Further, Gujarat's information department has said that so far 234 Memorandums of Understanding (MoUs) have been signed in as many as 17 phases with a potential investment of about Rs 10.31 lakh crore. The Vibrant Gujarat Summit will be held between January 10 and 12, 2024. This will be the tenth edition of the summit and will be inaugurated by Prime Minister Narendra Modi.
03.01 / 12:26
Manufacturing
Racing
Research
Bill
country
Mint Explainer: Why India needs to look for new battery minerals other than lithium
. Although lithium imports do not form a significant chunk of India's import bill, the imports are likely to grow further. A key mineral being explored for manufacturing of batteries is sodium.
03.01 / 12:11
UPS
Manufacturing
Strategy
trends
Trade
track
Dollar builds on previous day's gains as focus turns to U.S. data
By Harry Robertson and Rae Wee
03.01 / 11:06
Manufacturing
CEO
Align
President
Lexus
country
information
Toyota Kirloskar Motor announces senior management rejig
Toyota Kirloskar Motor on Wednesday announced senior management changes to align with the recent regional restructuring by parent company Toyota Motor Corporation integrating India into its 'Middle East, East Asia & Oceania Region' operations and slotting the country to act as the hub of the new geography. As part of the changes, Tadashi Asazuma, currently Executive Vice President, has been elevated as Deputy Managing Director Sales-Service-Used Car Toyota Kirloskar Motor (TKM) and Lexus, the company said in a statement.
03.01 / 11:05
COST
UPS
Manufacturing
reports
Indian manufacturing growth slows amid global contraction
IDFC First Bank, cautioned that going into 2024, manufacturers may get less support from softening prices, which could hurt the industry's profits. “Listed company profits have been strong in 2023, supported by reducing input cost pressures, which has countered the slowdown in nominal sales growth.
03.01 / 10:42
UPS
FIVE
Booking
Manufacturing
Healthcare
performer
testing
2024
Five midcap stocks that could turn into largecaps in 2024
Indian share markets ended calendar year 2023 on a strong note, notching around 20% gains, most of it coming in the latter half of the year. While Nifty 50 and BSE Sensex gained about 15% in the last two months of the year, midcap stocks stole the show, with the BSE Midcap index shooting up by 20.4%. Several factors contributed to the rise, including healthy domestic macro numbers, cooling inflation in the US, and higher inflows from foreign portfolio investors (FIIs).
03.01 / 10:40
Provident
Digital
Booking
Manufacturing
Hyundai
Interface
Features
2024
Hyundai opens bookings for 2024 Creta Facelift set to launch on Jan 16; revamped interior revealed!
₹25,000. Significant modifications are anticipated in both the exterior and interior of the Creta facelift, with the manufacturer providing a sneak peek into the redesigned cabin. The upcoming Hyundai Creta is adopting a more minimalist approach to its dashboard design this time around.
03.01 / 09:51
Manufacturing
economy
Trade
performer
track
Dollar steadies ahead of minutes from December Fed meeting
Investing.com — The U.S. dollar steadied near two-week highs in early European trade Wednesday ahead of the release of the minutes of the Federal Reserve’s December meeting.
03.01 / 09:50
UPS
MET
Manufacturing
Landmark
Assurant
Mobile
Support
Telangana will extend necessary support to Amara Raja's Rs 9,500 cr project, says CM Revanth Reddy
Telangana government will extend necessary support for Amara Raja group's advanced chemistry cell gigafactory and battery pack assembly unit being set up in Mahbubnagar district, Chief Minister Revanth Reddy said on Wednesday. The Amara Raja team met the CM here regarding their landmark Giga Corridor project and ePositive Energy Labs in Telangana, an official release said.
03.01 / 09:50
Manufacturing
economy
Trade
show
travelers
European stocks mixed; risk rally pauses for breath
Investing.com — European stock markets steadied Wednesday, with the risk rally that dominated sentiment at the end of last year pausing as investors digested key economic data.
03.01 / 07:12
Provident
Manufacturing
Strategy
Align
social
information
reports
How Diamond Consumers Can Avoid the Dangers of Greenwashing
Left Image: Laboratory-grown diamond factory in China; Right Image: Unpolished laboratory-grown diamonds
03.01 / 06:31
03.01 / 03:48
Manufacturing
ICE
show
country
electronic
gatherings
US seizes more illegal e-cigarettes, but thousands of new ones are launching
U.S. officials are seizing more shipments of unauthorized electronic cigarettes
03.01 / 03:46
Citi
Manufacturing
economy
pandemic
show
country
reports
China's manufacturing activity slows in December in sign the economy is struggling
A survey of factory managers in China shows manufacturing contracted in December in the latest sign the world's second-largest economy remains sluggish
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