Manufacturing Financial News

13.11 / 20:23

Target Manufacturing Boeing awards track Boeing to boost production capacity for Patriot missile sensors

(Reuters) — Boeing (NYSE:BA) said on Monday it will increase Huntsville factory production capacity for sensors that are used to guide Patriot missiles to their targets to meet rising air and missile defense needs worldwide.

13.11 / 19:37

Manufacturing economy pandemic country reports India's CV market to hit new peak in FY24, outlook strong: Ashok Leyland

commercial vehicle (CV) market may hit a new peak by the end of 2023-24 and continue to advance at a brisk pace next fiscal amid robust demand from construction, mining, and other segments, said Dheeraj Hinduja, executive chairman of Ashok Leyland. As a result, the CV market may defy the traditional demand cycle of an upswing and slowdown, Hinduja said. «We do think that we (industry) will hit a new peak and surpass the previous one,» he told ET.

13.11 / 18:56

Provident Aware Manufacturing Action Mobile reports testing FAME-3 is coming; and here is what changes for EVs

NEW DELHI : The government is considering implementing stricter norms to enforce the use of local components to bolster domestic manufacturing of electric vehicles (EVs) amid instances of companies violating phased manufacturing programme (PMP) norms by assembling vehicles with imported parts. The Union ministry of heavy industries is considering introducing a 50% domestic value addition (DVA) requirement and doing away with the phased manufacturing programme as part of its proposed Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME) III, according to two people familiar with the development. DVA is calculated based on the net selling price of a product and the landed cost of imported inputs.

13.11 / 18:56

Waves Manufacturing Strategy Mobile Enterprise President ‘Broadband, FWA to increase sales amid slowing 5G rollout’

NEW DELHI : Finnish telecom gear manufacturer Nokia is expecting the next wave of 5G site deployment to stem from increasing broadband reach, fixed wireless access, as well as a surge in 5G smartphone use. This comes as telecom firms plan to cut capital expenditure on 5G sites for the short term, having successfully launched the fastest 5G network globally within a year, starting October 2022. “There will be some moderation in 5G rollout.

13.11 / 16:33

Digital Cooper Progressive Manufacturing economy country gatherings U.S. Shift on Global Tech Rules Jeopardizes Effort to Counter China

WASHINGTON—The Biden administration’s abrupt shift on global technology rules has weakened a critical Asia trade agreement that was intended to help counter China’s growing clout in the region. Rules facilitating digital trade, including the cross-border transfer of data on customers and supply chains, were expected to be a centerpiece of what is called the Indo-Pacific Economic Framework, or IPEF, a U.S.-led group of 14 nations. But the U.S.

13.11 / 15:10

Provident Manufacturing Align Celebrity cover innovations information Time First-time car buyer? Here's a guide to help you choose a suitable vehicle insurance

Diwali, the festival of lights, is a time for celebration, reflection, and new beginnings. As the shimmering lamps light up homes and hearts, many people seize this opportunity to illuminate their lives in a different way – by purchasing their very first car. Owning a car represents not just convenience and independence but also a profound lifestyle shift.

13.11 / 14:53

FIVE Manufacturing CEO Tesla country information reports tax cuts India considers 5yr tax cuts for imported EVs

India is contemplating a reduction in taxes for imported fully assembled electric vehicles for a duration of up to five years. This move is aimed at attracting companies like Tesla Inc. (NASDAQ:TSLA) to market and, in the future, manufacture their electric cars within the country.

13.11 / 14:29

Citizens Aware Manufacturing Action BURST Experts social Courts Courts, lawyers can't enforce SC orders on firecrackers ban, social awareness needed, say experts

firecrackers ban and stubble burning to curb air pollution as it can be tackled by creating a mass awareness, legal experts said. The Supreme Court's recent order banning the manufacture and sale of firecrackers containing barium was violated across the country on Diwali leading to worsening air quality index. Senior advocate Gopal Sankaranarayanan, who represents the main petitioner Arjun Gopal and others seeking a ban on the sale and manufacture of firecrackers, meanwhile, has decided to move a contempt petition in the top court against the law enforcement agencies for the flagrant violation of the court's recent order.

13.11 / 13:17

Manufacturing Citigroup Boeing Micron show reports Boeing, HP and Novo Nordisk rise premarket; Tyson Foods falls

Investing.com — U.S. futures traded largely unchanged Monday, with last week’s positive sentiment diluted by Moody’s rating agency downgrading its outlook for the U.S. long-term credit rating.

13.11 / 13:17

Citi Waves Target Manufacturing economy country Latin E-commerce, nearshoring key drivers for Mexican startups as funding trickles back

By Kylie Madry

13.11 / 10:55

Manufacturing Continental Germany's Continental announces job cuts in automotive division

BERLIN (Reuters) — German car parts manufacturer Continental on Monday said it will cut jobs in its automotive division as part of a plan to save 400 million euros ($427.96 million) per year from 2025.

13.11 / 10:49

Target Manufacturing Experts recommendations end Stock Market Today: Nifty 50, Sensex end lower; elevated dollar, US treasury yields weigh on sentiment

BSE Midcap index rose 0.10 per cent while the Smallcap index ended with a nominal loss of 0.01 per cent. Also Read: Mid, smallcap valuations stretched: Ashoka Buildcon, Colgate Palmolive, smaller IT stocks top bets Also Read: Excitement and worry as stock options trading booms in India Shares of Coal India (up 5.26 per cent), Eicher Motors (up 1.69 per cent) and Hindalco (up 1.11 per cent) ended as the top gainers in the Nifty 50 index. Also Read: Coal India share price hits 52-week high as brokerages raise target price on strong Q2 results Shares of SBI Life Insurance Company (down 2.26 per cent), Bajaj Finance (down 1.25 per cent) and Grasim Industries (down 1.24 per cent) closed as the top losers in the Nifty 50 index.

13.11 / 10:49

Provident Manufacturing Platform Mobile reports ventilators Volvo electrifies the Minivan scene with the EM90: A luxurious Scandinavian living room on wheels

Volvo EM90 marks Volvo Car's inaugural foray into fully electric luxury MPVs. With dimensions measuring 5,206 mm in length, 2024 mm in width, and 1,859 mm in height, and a wheelbase of 3,205 mm, it accommodates six passengers across three rows of seats. Distinguishing itself, the EM90 introduces sliding doors for the rear seats, a first for Volvo cars.

13.11 / 10:34

Manufacturing electronic reports FICCI survey indicates accelerated Indian economic growth in Q2 driven by higher demand

FICCI. About 80% of the respondents to the survey reported a higher number of orders and demand conditions in July-Sept 2023-24, while 79% recorded a higher level of production. The existing average capacity utilisation in manufacturing is around 74%, which reflects a sustained economic activity in the sector, a FICCI statement said, adding that this was slightly higher than 73% capacity utilisation reported in the previous quarters. As per the survey, the future investment outlook has also improved as compared to the previous quarter with over 57% of respondents reporting plans for investment and expansion in the coming six months.

13.11 / 10:25

Coca-Cola Manufacturing CEO PepsiCo Intuit show patient Factbox-Corporate America weighs business impact of new weight-loss drugs

(Reuters) -U.S. companies across sectors such as food and beverage makers and manufacturers of glucose monitors are facing investor questions over the risk to future sales from the growing popularity of promising weight-loss treatments.

13.11 / 07:25

Manufacturing show performer information reports Profits tumble at Gupta’s InfraBuild in September quarter

Profits for the September quarter at Sanjeev Gupta’s InfraBuild steel distribution business in Australia have more than halved compared with a year ago because of falling margins and a slowdown in demand.

13.11 / 06:29

IPO Citizens Manufacturing Experts performer recommendations share price Pretean IPO listing: Share price jumps after flat debut. Buy, sell or hold?

Pretean IPO listing: After listing below market estimates, shares of Protean eGov Technologies Limited attracted buying interst post-listing and went on to hit intraday high of ₹824.75 per share on BSE, around 4 per cent higher from the issue price of ₹752 to ₹792 per equity share. According to stock market experts, Protean eGov Technologies Limited has a government-backed operational capacity.

13.11 / 06:07

Manufacturing WhatsApp Time share price Eicher Motors share price trades near its all-time high post Q2 results; what should investors do?

Eicher Motors share price rose 2.8% on Monday's trading session following the company's Q2 results, which were on par with or better than the Street's estimates. Eicher Motors shares were 6.24% away from its all-time high level of ₹3,889 recorded last November.

13.11 / 05:13

Manufacturing CEO Healthcare Experts exclusive reports patient Jubilant Pharmova stock gains 6.45% in an overall weak market; here's why

Jubilant Pharmova (formerly Jubilant Life Sciences Limited) witnessed a 6.45% surge in its share price, reaching ₹438.90 apiece during early trade on Monday after the company's Radiopharma business received ANDA approval for Technetium Sulfur Colloid Injection. The company, in an exchange filing on Friday, said that "Jubilant Pharmova Limited’s wholly owned subsidiary Jubilant Draximage Inc.

13.11 / 04:33

Provident Target FIVE Manufacturing performer Indonesian buyer hunts Incitec Pivot fertiliser bargain

The interim chief executive of explosives and fertilisers group Incitec Pivot has rejected suggestions the company might be squandering value by preparing to sell the downtrodden fertilisers business at a low point in the cycle.

13.11 / 04:22

Provident BLOCK Manufacturing Strategy economy ICE innovations Craftsman Automation is Gearing up to Lead India’s Futuristic Auto Industry

auto sector has witnessed a series of technological advancements and shifts in customer preferences over the years. From the dominance of geared scooters to the rise of automatic scooters, the industry has been evolving. Now, with the emergence of electric vehicles (EVs), there's a notable shift toward sustainable and eco-friendly transportation.

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