Manufacturing Financial News

13.09 / 07:03

UPS Manufacturing Merit Strategy Matrix show IT sector has a good long term matrix: Vinit Sambre

«See, the cautiousness is about the economic recovery or the growth which I also mentioned that we are very confident about that,» says Vinit Sambre, DSP Mutual Fund.There is a Goldman Sachs report yesterday which talks about cash levels with mutual funds on an average of between 4 to 5%. And that is slightly higher than historical averages. So can I safely say that even if markets they correct, then is enough and more cushioned which will come from domestic investors A, cash levels are high, B, SIPs are strong?Yes, so that is what I was saying that the small falls will be actually bought into because there is a lot of optimism.

13.09 / 05:51

COST FIVE Manufacturing Apple country blues When can you buy Apple iPhone 15 phones in India. What's the price?

iPhone model you purchase on launch day may be manufactured in India. As per reports, Apple intends to make the India-built iPhone 15 available here and in a few other areas on the first day of worldwide sales on September 15. When will the iPhone 15 sale start in India?Apple will begin collecting preorders for the next iPhones on September 15 in over 40 countries, including the US, India, China, the UK, and Canada.

13.09 / 05:51

Manufacturing Apple Align show performer country Time Apple to make India-made iPhone 15 available at launch for the first time; Analysts say move shows confidence

Apple has refreshed its iPhone line-up with the launch of the iPhone 15 series, including the iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max. These phones will be available in India and 40 more countries starting September 22. Sources familiar with the matter said that Apple will make India-built iPhone 15 units available to Indian customers and customers in “some other regions” on the first day of sales.

13.09 / 04:39

IPO Manufacturing band country RR Kabel IPO opens today: GMP, review, other key details. Should you subscribe?

₹983 to ₹1,035 per equity share of face value of ₹5 each. On Tuesday, September 12, RR Kabel has raised ₹585 crore from anchor investors. RR Kabel IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.

13.09 / 04:39

UPS Manufacturing CEO Southern share price International week KEC International share price jumps over 11% to 52-week high on ₹1,012-crore order win

KEC International share price jumped more than 11% on Wednesday to hit a 52-week high after the infrastructure company secured new orders worth ₹1,012 crore across its various businesses. KEC International shares rallied as much as 11.22% to a 52-week high of ₹739.00 apiece on the BSE. KEC International said its civil business has secured orders from new clients in the Data centre and FMCG segments in India.

13.09 / 04:07

COST UPS Digital Manufacturing track electronic TSMC Taiwan's TSMC prizes Japan's chips skills amid Arizona factory problems

TSMC, which is making an unprecedented push into chip manufacturing overseas, is taking an increasingly optimistic view of Japan as a production base, two industry sources said, as problems persist at its new factory in Arizona. TSMC, the world's largest contract chipmaker, is frustrated in Arizona, the sources said, where it has struggled to recruit workers for the gruelling chipmaking trade and faced pushback from unions on efforts to bring in workers from Taiwan.

13.09 / 03:49

COST IPO FIVE Digital Manufacturing Software It is always better to cry without investing than cry after investing: Sunil Singhania

Sunil Singhania, Founder, Abakkus Asset Manager LLP, says “the only theme we follow is whether the company can double profits in four to five years and a lot of these themes are interesting and exciting. But the valuation at which the IPOs are coming and the stocks are getting listed is something which at least conservative investors like us cannot comprehend.”You have followed a template of 15-15-15, return ratio of 15%, growth 15%, and PE multiple of less than 15. Is that template still at play or the market conditions are forcing you to change that template?No, it is becoming difficult for sure.

13.09 / 02:43

Manufacturing Remark Audi country Russian President Putin praises PM Modi, ‘We should learn from our partner India’

Narendra Modi's promotion of the "Make in India" programme. He highlighted the importance of using domestically made product and commended India's policies under PM Modi's leadership as a positive example. In an address at the 8th Eastern Economic Forum (EEF), Putin said, "You know, we did not have domestically made cars then, but we do now.

13.09 / 01:39

UPS Provident Digital Manufacturing Pool Enterprise Total share of AI/ML workforce in telcos at 20% in just a year

artificial intelligence and machine learning (AI/ML)-led work now make up 20% of the workforce of telecom service providers as compared to 7% in the July-September 2022 period on the back of 5G rollout, staffing experts have said. The proportion of AI/ML-led jobs is expected to reach 23% by the end of fiscal 2024 with the telcos sustaining hiring momentum for these profiles, they said.

13.09 / 00:49

UPS Manufacturing Apple Align PINK voice Apple event 2023 highlights: A17 Bionic chipset, Gesture Control, Carbon-neutal watches and more

Apple has officially unveiled the highly anticipated iPhone 15 series, alongside the Apple Watch Series 9 and Apple Watch Ultra 2, during the Wonderlust Apple 2023 event. Here are some of the major highlights that Apple announced this year. Apple has introduced a groundbreaking feature known as 'Double tap.' This gesture control enables users to manage a variety of functions simply by tapping their index finger and thumb twice.

12.09 / 23:59

Lowe's Manufacturing Pool Billionaire businessman Raphael Geminder moves to take Pact private

Raphael Geminder, the billionaire businessman who made his fortune in packaging, wants to take his struggling Pact Group off the ASX in a deal that would value the entire company at just $234 million.

12.09 / 23:59

COST UPS FIVE Manufacturing CEO McDonald’s US chips giant Lamb Weston scoops up Aussie potato cake maker

Crackerjack Foods, a privately owned Melbourne manufacturer of potato cakes, has been bought out by US french fries giant Lamb Weston, which is backing the potato cakes and hash browns market to grow strongly as Australians demonstrate a preference for pub dining over restaurants.

12.09 / 19:51

COST Manufacturing Gap Assurant show country social foreign stake G20 shows value of India stake in other countries' foreign policies

G20 summit was the 'value' of the India stake in foreign policies of other countries. For that alone, countries made compromises, thus ensuring a successful summit for India. So, what is the India stake? Put simply, almost all G20 countries want to invest in their relationship with India for long term.

12.09 / 19:39

UPS Manufacturing Apple Parke Samsung show country iPhone 15’s make in India status further diversifies Apple’s supply chain

New Delhi: On Tuesday, Apple unveiled its latest generation smartphone, the iPhone 15 lineup, at its Apple Park headquarters in Cupertino, California. While the smartphones in the lineup were largely in line with Apple’s incremental upgrades offered every year, this year marked the first time that Apple began assembling its latest generation iPhones in time for the first batch of the smartphones to be sold—in India and around the world. The iPhone 15, launched with a higher resolution OLED display, a higher resolution 48MP camera, the A16 Bionic custom processor designed in-house for the iPhone 14 Pro last year, and the pill-shaped 'Dynamic Island' notch that was also introduced in the latter, will be available in India starting 22 September, and is priced onward of ₹79900.

12.09 / 19:35

Lowe's Citizens Manufacturing country social With European countries hungry for workers, more Ukrainians are choosing Germany over Poland

A report says Poland is losing large numbers of Ukrainian refugees from its workforce as they travel to Germany to seek higher wages and government benefits in the rich Western economy

12.09 / 19:15

UPS Provident Target Manufacturing performer country Hindalco brings in Italian tech to build rail coaches

Hindalco Industries Ltd said on Tuesday it has signed a technology partnership with Italy-based Metra SpA, to bring the latest aluminium extrusion technology to India for building rail coaches. The company will set up an extrusion press in the country as part of the ₹2,000 crore investment that Kumar Mangalam Birla, chairman of the company, had announced during the company’s 64th annual general meeting (AGM) last month.

12.09 / 19:15

UPS Target Manufacturing Highways SENSEX country Gadkari’s diesel dare spooks auto stocks

NEW DELHI : The spectre of an additional tax on diesel vehicles rattled shares of top automakers on Tuesday before an official clarification that there was no such active proposal before the government. Earlier in the day, Union minister for road transport and highways Nitin Gadkari told an industry gathering that he would consider proposing an additional “pollution tax" on diesel engines if the industry doesn’t transition away from the “hazardous" fuel quickly enough. However, the minister later issued a clarification that said, “It is essential to clarify that there is no such proposal currently under active consideration by the government", and “it is imperative to actively embrace cleaner and greener alternative fuels.

12.09 / 18:15

UPS Williams Manufacturing CEO Apple performer Apple announces new watch ‘Ultra 2’ with battery life of up to 36 hours at ₹66,200

₹66,200. During the event, Apple also announced that it will no longer use leather in any of the new Apple products and the Apple Watch Series 9 is its first ever carbon-neutral product.

12.09 / 17:59

Digital Progressive Manufacturing Strategy country WTO Time WTO flags rising trade barriers, says time to re-globalize

NEW DELHI : The World Trade Organization (WTO) on Tuesday flagged growing fragmentation in international trade with an over-ninefold increase in the number of trade concerns raised in just the last six years. Trade concerns raised at WTO committees are seen as an early indicator of trade disputes.

12.09 / 17:59

UPS Lowe's Manufacturing show performer Power Mining, power drive IIP growth to five-month high

NEW DELHI : India’s factory output rose to a five-month high of 5.7% in July, up from 3.7% in June, driven by strong growth in mining and power, official data released on Tuesday showed. The Index of Industrial Production (IIP), or factory output growth, stood at 2.2% in July 2022, mainly due to a low base effect.

12.09 / 17:47

Reuters Manufacturing Action CVS FDA warns CVS, others against selling unapproved eye products

(Reuters) -The U.S. Food and Drug Administration on Tuesday warned eight companies, including pharmacy giants CVS Health Corp (NYSE:CVS) and Walgreens Boots Alliance (NASDAQ:WBA), against manufacturing or marketing unapproved ophthalmic drug products.

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