Manufacturing Financial News
17.11 / 06:43
Target
Cooper
Extreme
Manufacturing
Strategy
Forrester
President
Forrest to spend $54m on new ‘green’ factory in Michigan
Mining and clean-energy billionaire Andrew Forrest has pledged to plough $US35 million ($54 million) into a new battery manufacturing plant in the United States, as Fortescue Metals aims to cash in on the benefits of President Joe Biden’s $US369 billion ($550 billion) Inflation Reduction Act.
17.11 / 06:43
Manufacturing
play
Manufacturing play Amaero launches raise
Amaero International, a small cap with advanced manufacturing ambitions, was rounding up investors for an $8 million placement via Alpine Capital on Friday morning.
17.11 / 06:23
IPO
Booking
Manufacturing
WhatsApp
Experts
band
reports
Flair Writing Industries IPO: Company sets price band at Rs 288-304/share
Flair Writing Industries has set the price band for its upcoming initial public offering (IPO) at Rs 288-304. The company plans to raise Rs 593 crore through the three-day issue which will open for subscription on November 22, Wednesday. Under the issue, the pen and writing instruments maker will issue fresh equity shares worth up to Rs 292 crore while an offer for sale (OFS) where equity shares worth Rs 301 crore will be offloaded by the existing shareholders. The retail portion has been reserved at 35%, where the investors can subscribe a minimum of one lot or 49 shares and in multiples thereof.
17.11 / 05:39
IPO
BLOCK
Manufacturing
WhatsApp
band
share price
Stellar Debut: Kalyani Cast Tech share price opens at 90% premium at ₹264.10 on BSE SME
BSE SME today. On BSE SME, Kalyani Cast Tech share price today listed at ₹264.10, which is 90% higher than the issue price of ₹139. Following a stellar debut the shares were locked in 5% upper circuit.
17.11 / 05:36
Manufacturing
Software
Instagram
reports
Customer
Ola customer thrashes electric scooter with iron rod in viral video
Ola S1 Pro with an iron rod. While the specific reason for the incident is unverified, the disgruntled customer claims that his electric scooter unexpectedly accelerated while in motion, posing a safety risk.
17.11 / 05:21
Provident
Manufacturing
Action
Align
Experts
social
information
9 reasons why ESG investing is getting popular
Samvat 2080 and winter is around the corner, the air quality is poor and is the focus of discussion everywhere. Therefore, one needs to be cognizant of the fact that ESG is very important in today's context. ESG is an acronym for Environmental, Social, and Governance (ESG) that socially conscious investors use to select investments.
17.11 / 03:13
Reuters
Digital
Manufacturing
information
2020
reports
Department
Applied Materials under US criminal probe for shipments to China's SMIC
Semiconductor equipment maker Applied Materials is under US criminal investigation for potentially evading export restrictions on China's top chipmaker SMIC, according to three people familiar with the matter. The largest US semiconductor equipment maker is being probed by the Justice Department for sending equipment to SMIC via South Korea without export licenses, the sources said. Hundreds of millions of dollars of equipment is involved, one of the people said. Reuters is reporting details of the probe for the first time.
17.11 / 02:52
Reuters
Manufacturing
Nikkei
show
reports
recommendations
jobless claims
6 things that changed for the stock market overnight - Gift Nifty, US jobless claims to drop in crude oil prices
US Federal Reserve will not hike interest rates further and pivot to a rate cut in early 2024, seems to be waning. Moreover, with the conclusion of the earning season, domestic investors will now shift the focus to global as well as domestic cues. The Indian benchmark indices ended higher for the second consecutive session on Thursday amid mixed global cues.
17.11 / 02:51
IPO
FIVE
Digital
Manufacturing
band
innovations
reports
Tata Technologies IPO: Should You Apply?
most anticipated initial public offerings (IPOs) of 2023 is finally here. Tata Technologies IPO, a wholly-owned subsidiary of Tata Motors, plans to offer 23.6% of its paid-up share capital currently held by Tata Motors, Alpha TC Holdings, and Tata Capital Growth Fund I. It is set to launch its IPO on Wednesday next week, November 22.
17.11 / 02:51
Reuters
Manufacturing
Google
Apple
Department
Google antitrust trial: US government concludes evidentiary phase of lawsuit over search engine monopoly
Google. The company is accused of monopolistic practices in the online search sector. The U.S.
17.11 / 02:51
FIVE
Manufacturing
Assurant
pandemic
show
country
Improve ease of doing business to cut global supply chains' dependence on China
Mint, quoting a commerce ministry statement. The global narrative on the risk high dependence on Chinese imports represents to global supply chains started with the US red-flagging it, especially for times of emergencies such as during the covid-19 pandemic when any disruptions could have ramifications across the world.
16.11 / 21:49
16.11 / 21:49
Manufacturing
Gap
Gap's results beat outshines bleak holiday-quarter sales forecast
(Reuters) -Gap on Thursday forecast holiday-quarter sales below estimates, but posted better-than-expected results for the third quarter thanks to easing supply expenses and cost-control efforts, sending its shares up 11% in extended trading.
16.11 / 21:33
Provident
Manufacturing
Tesla
show
track
country
reports
Tesla does a tango with Indian parts makers
NEW DELHI : Indian auto parts makers are emerging as preferred suppliers to Tesla Inc. as it diversifies away from China, two people familiar with the development said, with the US electric car giant often willing to pay a higher price for the shift. Tesla now sources a range of India-made components from small plastic parts and castings, to complex differential systems used in transmission, and wheel hubs.
16.11 / 21:33
FIVE
Manufacturing
reports
travelers
Railways to launch 3,000 new trains, increase passenger capacity to 1,000 crore in 5 years
Indian Railways plans to introduce an additional 3,000 new trains on its network in the next four-five years to accommodate the increasing number of passengers because of population growth, reported PTI. Railway Minister Ashwini Vaishnaw said, “At present, the railways is carrying about 800 crore passengers annually.
16.11 / 21:33
Manufacturing
reports
Clean energy surpasses fossil fuel industry in post-pandemic job creation, says IEA report
However, in India, Indonesia, and the Middle East, there was also a rise in fossil fuel employment above 2019 levels, highlighted the report. In China, there was a significant rise in the energy workforce employed in clean sectors.
16.11 / 21:33
Provident
Digital
Manufacturing
economy
show
performer
information
‘Q2 GDP surprise to signal robust growth’
MUMBAI : There is a “wide consensus" supported by economic forecasts that real gross domestic product (GDP) growth in the second quarter will turn out to be better than the Reserve Bank of India’s (RBI) projection of 6.5%, an article in the central bank’s November bulletin said on Thursday. The estimates for the second quarter (Q2) of FY24 are set to be released at the end of this month.
16.11 / 19:47
Reuters
Manufacturing
Bill
reports
Department
Midday movers: Walmart, Macy's, Alibaba, Cisco and more
Investing.com — U.S. stocks were falling as the steam ran out of their recent rally after Walmart's cautious outlook on consumer spending.
16.11 / 19:35
Target
Manufacturing
Healthcare
show
testing
Warning
Indian manufacturer recalls eyedrops previously cited in FDA warning
The Indian manufacturer of more than a number of eyedrops subject to a U.S. safety warning has officially recalled the products
16.11 / 19:35
Manufacturing
Airlines
Boeing
Coronavirus
pandemic
show
travelers
Long-haul carrier Emirates orders 15 Airbus A350s after engine dispute
The airline Emirates says it will purchase 15 additional Airbus A350-900s worth $6 billion after a spat between it and the European manufacturer went unusually public during this week’s Dubai Air Show
16.11 / 19:35
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