Manufacturing Financial News

01.12 / 16:21

FIVE Manufacturing economy performer shock FIIs make a stellar comeback! Turn net buyers in last 6 sessions with net inflow of ₹13,474 crore; DIIs left behind

₹10,522.36 crore of Indian equities, while they sold ₹8,932.75 crore --- resulting in an inflow of ₹1,589.61 crore on Friday. Meanwhile, DIIs invested ₹11,173.05 crore and offloaded ₹9,724.97 crore, registering an inflow of ₹1,448.08 crore. ‘’Indian equities gained for the fifth consecutive week driven by strong economic data, healthy corporate earnings and cheerful festive season.

01.12 / 15:17

Waters Manufacturing Gap Inside 2020 HMSI recalls H'ness CB350, CB350RS to replace faulty parts

Honda Motorcycle & Scooter India (HMSI) on Friday said it is recalling a certain number of H'ness CB350 and CB350RS units to inspect and replace faulty parts. It has been identified that due to an improper process being followed to manufacture the rubber parts of rear stop light switch there are chances of crack development on the rubber, the two-wheeler maker said in a statement.

01.12 / 15:17

Provident Digital Manufacturing economy Pool electronic Karnataka launches advanced certification program in VLSI design and verification

Karnataka IT minister Priyank Kharge launched the state’s first K-VLSI (very large-scale integration) program to boost skilled talent for the Electronics System Design and Manufacturing (ESDM) sector at the Bengaluru Tech Summit. The initiative, launched in collaboration with Karnataka Digital Economy Mission (KDEM) and India Electronics and Semiconductor Association (IESA), Semiconductor Fabless Accelerator Lab (SFAL), will offer an advanced certification program in VLSI design and verification.

01.12 / 15:15

Target Manufacturing Tesla show track reports Futures slip, Tesla reveals Cybertruck pricing - what's moving markets

Investing.com -- Traders look ahead to the start of the final month of trading in 2023 following a positive November for stocks on Wall Street. Elsewhere, Tesla (NASDAQ:TSLA) reveals a price tag for the cheapest model of its futuristic-looking Cybertruck that is well above boss Elon Musk's initial estimates, and a private survey shows Chinese manufacturing activity unexpectedly expanded last month.

01.12 / 14:57

Provident Manufacturing performer beautiful cover stars testing Refrigerator under ₹10,000: 6 most versatile models of all time

Refrigerator under ₹10000, a segment that offers a variety of options for those on a tight budget. This article is dedicated to unravelling the best options in this category, ensuring that you don't have to compromise on functionality or style, even when funds are limited. In today's market, the demand for efficient and affordable refrigerators is on the rise.

01.12 / 14:57

Manufacturing economy pandemic show performer consequences GST collections rise 15% to ₹1.67 lakh crore in November; highest monthly growth in FY24

₹1.68 lakh crore, as of November, as announced by the Ministry of Finance on December 1. Although the November GST collections of ₹1.68 lakh crore represent a 2 percent decrease from the October figure of ₹1.72 lakh crore, it marks the ninth consecutive month where monthly GST collections have consistently surpassed the ₹1.5-lakh-crore threshold. The most recent GST data brings the average monthly collection for the fiscal year 2023-24 to ₹1.67 lakh crore.

01.12 / 14:56

IPO Booking Manufacturing Dreams band Deepak Chemtex IPO: Issue subscribed more than 403times on the last day: GMP, Issue details and 10 thing to know

₹23.04 crores and it is entirely a fresh issue of 28.8 lakh shares. By the end of the last day of bidding Deepak Chemtex IPO subscribed 403.03 times. The public issue subscribed 475.36 times in the retail category, 96.80 times in QIB, and 642.25 times in the NII category by December 1, 2023 by 7.00 PM as per Chittorgarh.com data.

01.12 / 13:06

Target Manufacturing Tesla show track reports Futures mostly higher, Tesla reveals Cybertruck pricing - what's moving markets

01.12 / 12:22

Extreme Manufacturing CEO Entertainment Experts Whirlpool 92% of Nifty Midcap 100 stocks gain in November; PFC, Prestige Estate top the list

Power Finance Corp was the top gainer, soaring 42 percent, followed by Prestige Estates, up 39 percent, HPCL, up 35 percent, BHEL, up 33 percent, and Torrent Power, up 30.5 percent. Trent, REC, PB Fintech, Alkem Labs, TVS Motor, Aurobindo Pharma and YES Bank also advanced between 20 and 29 percent. However, Whirlpool was the top loser, shedding 12 percent, followed by Indian Bank, down over 6 percent, Linde India, Vodafone Idea, Tata Communications, Delhivery, Zee Entertainment, and AB Capital, down between 1 and 4 percent each in November.

01.12 / 09:51

FIVE Manufacturing Mobile Nov Healthcare Experts KPI week Triple Century! 336 smallcap stocks clock double-digit returns in Nov; scale 52-week highs

Further, last month, as many as 322 smallcap stocks hit fresh 52-week highs. All the midcap and smallcap indices of BSE outperformed the benchmark Sensex and gave about 9-11% returns in November. The easing of US bond yields and crude oil prices contributed to the recovery in the market last month. Bond yields eased following encouraging inflation data in the US, which strengthened the view that the interest rate hike cycle is closer to the peak.

01.12 / 09:51

Manufacturing Iqvia exclusive patient symptomatic Zydus Lifesciences gets USFDA nod for generic heart failure treatment drug

Zydus Lifesciences Ltd on Friday said it has received final approval from the US health regulator for its generic version of Ivabradine tablets indicated for the treatment of heart failure. The approval by the US Food and Drug Administration (USFDA) is for Ivabradine tablets of strengths 5 mg and 7.5 mg, the company said in a regulatory filing.

01.12 / 09:49

Manufacturing Strategy economy MSCI track country The Big Risk Causing Investors to Shun China

HONG KONG—Investing in China has never been this perilous. When global investors flocked to the country during its economic boom in the past decade, geopolitical risks were at the back of their minds. Such risks are now a top consideration for buyers of Chinese stocks, bonds and stakes in private companies—and are turning many people off investing in China.

01.12 / 09:49

Manufacturing reports stake acquires StrideOne acquires ‘strategic’ stake in MoEVing, enters EV financing

₹1,000 crore in the next 12-18 months towards EV financing," StrideOne founder Ishpreet Gandhi said. Mintin September had reported that StrideOne was in talks to acquire MoEVing, which would value the latter at around ₹100-120 crore, to enter last-mile EV financing.

01.12 / 09:49

Manufacturing WhatsApp reports Maruti Suzuki reports 3.4% YoY rise in total November sales at 1.64 lakh units

Maruti Suzuki India Ltd, the largest passenger car manufacturer in India, sold a total of 164,439 vehicles in November 2023, recording a growth of 3.4% from 159,044 units sold in November last year. Total sales in the month include domestic sales of 136,667 units, sales to other OEMs of 4,822 units and exports of 22,950 units, Maruti Suzuki said in a release on Friday.

01.12 / 09:42

BLOCK Manufacturing economy pandemic show country reports German manufacturing downturn eased in November - PMI

BERLIN (Reuters) — The downturn in Germany's manufacturing sector, which accounts for about a fifth of the country's economy, eased in November, a survey showed on Friday.

01.12 / 07:17

Provident Target Manufacturing Experts Aon information recommendations week Hindustan Aeronautics shares jump 5%, hit 52-week high on defence orders

«We wish to inform that, as per the Press Information Bureau, Defence Acquisition Council (DAC) accorded acceptance of necessity (AON) for procurement of Light Combat Helicopter (LCH) for Indian Air Force & Indian Army and Light Combat Aircraft (LCA) Mk 1A for Indian Air Force from HAL under buy (lndian-IDDM) category. The AONs have also been accorded for upgradation of Su-30 MKI Aircraft indigenously from HAL,» the company said in an exchange filing. While procurement of these equipment pieces will provide enormous strength to the IAF, acquisition from domestic defence industries will take the indigenous capability to a new height.

01.12 / 07:17

Manufacturing stake acquires Best Agrolife acquires 99% stake in Kashmir Chemicals

Best Agrolife Ltd. (BAL) has made a strategic investment in Kashmir Chemicals and acquired a 99% stake in the company.

01.12 / 07:03

Manufacturing economy performer 2020 reports India's Manufacturing PMI rises to 56 in November amid strong growth

Purchasing Managers' Index (PMI) climbed to 56 last month, rebounding from October's eight-month low of 55.5. Also Read: Mumbai's property registration witnesses best November in 11 years: Knight Frank Report "A notable feature of the latest results was a significant reduction in price pressures. Although average purchasing costs saw an increase, the inflation rate eased to its lowest level in the past 40 months and remained negligible historically," the survey noted.

01.12 / 06:29

Provident Target Manufacturing economy show Asia FX muted, dollar rebounds before Powell speech

Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest rates from Federal Reserve Chair Jerome Powell.

01.12 / 06:29

Target Manufacturing Yellow show Gold Prices Gold prices steady after strong November gains, Powell in focus

Investing.com-- Gold prices steadied near a seven-month high on Friday, pausing their recent rally amid anticipation of more cues on U.S. interest rates from Federal Reserve Chair Jerome Powell later in the day.

01.12 / 06:25

Manufacturing economy Remark WhatsApp Experts show Nifty Smallcap 100 index jumps 12% in November; MCX, Suzlon Energy, NLC India among top gainers

Suzlon Energy, NLC India, Aegis Logistics and Cochin Shipyard rising over 25 per cent each, data from Capitalmarket showed. Stocks such as Cams Services, Radico Khaitan, Latent View, Granules India and Global Health jumped over 20 per cent in the Nifty Smallcap 100 index in November. On the other hand, Raymond, KEC International, Tejas Networks and KRBL were among the stocks that ended as the top losers in the Nifty Smallcap 100 index.

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