Manufacturing Financial News

Subscribe to enjoy similar stories.New Delhi: India’s food regulator has cracked down on a key ingredient in popular wellness supplements, ordering a halt to the use of ashwagandha (withania somnifera) leaves and their extracts amid safety concerns flagged by the Ministry of Ayush, according to a government official and documents reviewed by Mint. The Food Safety and Standards Authority of India said only the roots of ashwagandha—an Ayurvedic staple herb widely marketed for stress relief, muscle recovery and cognitive support—are permitted, and has directed states to act against violations.The move could disrupt formulations in India’s $38.77 billion nutraceuticals industry, where ashwagandha is a key product with its market estimated at $928.5 million in 2026.

Subscribe to enjoy similar stories.MUMBAI: Cement prices across India have climbed to a one-year high after the West Asia conflict pushed up global energy and freight costs, raising input expenses for manufacturers, with analysts expecting further increases that could bring prices close to four-year peak levels.Cement companies have raised prices by ₹15–20 per 50 kg bag this month, lifting all-India average prices by about 5% in April compared with March, according to a Motilal Oswal report dated 10 April. Manufacturers are facing higher costs for fuel, packaging bags and other inputs, with early signs that the price cycle may extend further.Dealers expect additional hikes in the coming weeks if demand remains steady, according to Motilal Oswal analysts.Data from Crisil Intelligence shows cement prices previously peaked at about ₹305 per 50 kg bag in FY23, driven by a surge in global crude oil prices amid geopolitical tensions following Russia’s invasion of Ukraine.

Subscribe to enjoy similar stories.Trends test our patience while the lower levels are being held . The road ahead looks challenging, but we will slowly and steadily conquer it.

Subscribe to enjoy similar stories.Bosch Ltd’s shares have been on a roll this month. The auto component company’s stock is up almost 30% so far in April from the 2026-year-to-date low of ₹28,745 apiece on 30 March.The stock had fallen 21% last month after the West Asia war began and the disruption in natural gas supplies forced one of its suppliers to declare force majeure.

Subscribe to enjoy similar stories.India has three good reasons to engage with one of the biggest open questions in economics today: the impact of artificial intelligence (AI) on jobs.First, the country has the world’s largest youth population. Second, its growth model has been dominated by software services, and AI tools like Anthropic’s Claude Opus are getting exceedingly good at writing code and finding bugs. But the third and possibly the most crucial point is this threat to entry-level positions comes amid an alarming oversupply of college graduates.The wage bump that graduates enjoy over school-leavers is shrinking and AI could further narrow the gap.

Subscribe to enjoy similar stories.Weekly expiry hesitation has been laid to rest and a strong closing gives confidence that the recent highs would be surpassed. As the possibility of a new high emerges, the resistance at 24,300 is gradually weakening, making today a crucial session.BEML (Current price ₹1,711.60)Buy above ₹1715, stop ₹1640, target ₹1915 (multiday)⦁ Why it’s recommended: BEML Limited (formerly Bharat Earth Movers Limited), established in 1964, is a premier Indian PSU manufacturing heavy equipment for defence, mining, construction, and rail/metro sectors.

Subscribe to enjoy similar stories.Four of India’s biggest conglomerates—Adani Group, JSW Group, Reliance Industries, and Tata Group—have emerged as the dominant buyers of stressed assets under India’s decade-old bankruptcy regime.Together, these four conglomerates acquired companies that accounted for nearly a quarter of the total admitted claims of ₹13 trillion under the corporate insolvency resolution process (Cirp) of the Insolvency and Bankruptcy Code (IBC) as of December 2025—despite accounting for just 28 of the 1,376 resolutions completed so far.Adani Group led the pack with 13 acquisitions, including six power companies, according to a Mint analysis of data from the Insolvency and Bankruptcy Board of India (IBBI). These deals helped rapidly scale up Adani Power Ltd, which emerged as the country’s largest thermal power producer.The JSW Group followed with seven acquisitions, including Bhushan Power and Steel Ltd, one of the most prominent resolutions under the insolvency process.

Subscribe to enjoy similar stories.Tata Motors Ltd is prioritizing flexible production over a dedicated electric vehicle (EV) bus line, as it looks to stay agile in a tender-driven market where demand can quickly shift between diesel, compressed natural gas (CNG)and electric buses.The stance underscores a cost-conscious approach to an uncertain order pipeline, with the company betting that multi-powertrain lines will help it respond faster to government tenders, rather than lock capital into specialized EV capacity amid stiff competition.On the sidelines of an event at the company's Lucknow plant, Tata Motors managing director and chief executive Girish Wagh told reporters that a dedicated EV production line is not needed even as the company increases its participation in tenders for electric buses, where it lost leadership in FY26.“All our manufacturing facilities are flexible. You can either produce a diesel or a CNG or an electric.

Subscribe to enjoy similar stories.Vikram Sarabhai, when pressed on why a poor country should spend on space research, offered an elegant rebuttal. He said that we are not in competition with economically advanced nations. We are endeavouring to apply the most advanced technologies to the real problems of humankind.

Subscribe to enjoy similar stories.In India’s equity market, few segments carry the same wealth-creation potential as midcaps. These are companies ranked 101 to 250 by market capitalisation—large enough to have scale, but still small enough for meaningful growth.They sit in an awkward middle ground. Too small to feel safe.

Subscribe to enjoy similar stories.MUMBAI: Singapore-based private equity firm Everstone Capital will invest close to $270 million for a significant stake in Apothecon Group, which includes India-based Apothecon and US-based Navinta, it said in a statement on Tuesday.The combined platform is a regulated-markets-focused speciality formulations business with in-house formulation capabilities and captive active pharmaceutical ingredient (API) manufacturing. It has a diversified commercial presence across the US, Europe and other international markets.Apothecon was founded in 2003 by industry veterans Mahendra Patel, former chief scientific officer at Sandoz and co-founder of Invamed (later acquired by Sandoz), and Joe Renner, former chief operating officer of Sandoz and chairman of Zydus US.

Subscribe to enjoy similar stories.The unrest in Noida’s industrial belt, with workers demanding higher wages, could accelerate automation on India's shop floors. As Indian manufacturing sector eyes global markets, the crisis highlights a deeper tension, between low-cost labour, rising wages and the push towards automation and robots. For manufacturers, the challenge will be to strike a balance to remain competitive.

Subscribe to enjoy similar stories.NEW DELHI: India plans to prepare an Approved List of Battery Manufacturers (ALBM) to be the exclusive equipment vendors for government-supported energy storage schemes and projects, following a similar mandate for the solar sector. The goal is to ensure the country’s energy security by encouraging local manufacturing and reducing reliance on imports.The government may announce its plans for ALBM and introduce draft norms for localization in the current fiscal year, two people familiar with the matter said.

Subscribe to enjoy similar stories.New Delhi: Struggled with illegible and poorly-placed labels for medicines? There may be help on way, as the apex drugs regulator is set to tighten scrutiny of how critical information, such as medicine names and expiry dates, is printed on the packaging, according to two government officials and documents reviewed by Mint.The move by the Central Drugs Standard Control Organisation (CDSCO) aims to curb medication errors and improve patient safety in India's $50 billion pharmaceuticals market.According to the plan in the works, the CDSCO and state regulators will step up plant inspections and issue targeted instructions to drug inspectors with a focus on visibility, durability and placement of key information.Following complaints, the apex regulator had appointed a committee that identified a significant gap in the variability of medicine labelling implementation at the manufacturing level.Consumers' complaints ranged from the packaging information being illegible due to a host of reasons to the demand for the medicine name being printed across the package and for a universally-recognized symbol on generic medicines to distinguish them from branded ones.The CDSCO set up a sub-committee in July 2025, chaired by the drugs controller of Telangana, with drugs controllers of Kerala, Odisha and representatives of HLL Lifecare Ltd, the deputy drugs controller of Hyderabad zone and Indian Drug Manufacturers’ Association (IDMA) officials as members.In its report, this panel said the CDSCO and state licensing authorities "may issue suitable advisories or internal instructions to GMP inspectors to ensure focused scrutiny of labelling practices, including visibility, durability and placement of

Subscribe to enjoy similar stories.For anyone scrolling through social media lately, Vietnam seems to have taken over the feed, with its cafés, coastlines and bustling streets firmly etched onto the global travel map. But the tourism buzz is only the surface of a deeper story.Emerging from the ashes of the war with the US and from being one of the world’s poorest economies in the 1980s, Vietnam is now seen as an economic miracle, delivering sustained high growth (8% in 2025) and reducing poverty to below 5% from nearly 80% in 1993.

Subscribe to enjoy similar stories.New Delhi: Policy think tank Niti Aayog has indefinitely postponed a global summit aimed at reinvigorating the nation's electric vehicle sector, as the war in West Asia disrupts international travel.The Global Electric Mobility Summit, planned for 21-22 April in New Delhi, was designed to be an event to court major investments for the world’s third-largest auto market. However, government correspondence reviewed by Mint shows that the regional war has forced a strategic retreat until travel conditions normalize.The delay comes at a critical time for New Delhi.

Mint spoke with.The decline in value was relatively narrower at 6%, as companies partially offset losses by raising prices in February and March.India smartphone market was flat in 2025 with a 0.6% annual growth by volume totalling 152 million units.Worryingly for the industry, this is the first time in recent years that smartphones are witnessing a simultaneous decline in both value and volumes at the start of a calendar year. So far, brands had relied on no-interest monthly instalments to sustain sales of higher-value phones — a strategy that appears to have hit a roadblock, at least for now.The slowdown coincided with sweeping geopolitical tensions that cascaded into financial markets worldwide, pushing up energy prices and dampening consumer sentiment.

Mumbai: The Nuvama Group’s private equity arm has invested ₹200 crore for a minority stake in Val-Met Engineering, betting on a specialized supplier of aerospace and defence materials as global manufacturers move more of their high-end production to India.“Over the last couple of years, there has been a rising focus in India and globally to become more self-reliant. Sensitive sectors like aerospace, defence, industrial and advanced/value added manufacturing have been the biggest beneficiaries of this shift in mindset,” Pranav Parikh, managing partner and head of private equity at Nuvama Asset Management, told Mint in an interview.According to Parikh, global conflicts and geopolitical uncertainties have made domestic self-sufficiency a critical priority.

Since US President Donald Trump started hiking tariffs last year, many commentators have called attention to Asian exporters’ resilience. But the narrowly concentrated gains in Taiwan, Vietnam and Thailand have been driven primarily by electronics, obscuring the sharp divisions that a protectionist US and an export-reliant China are perpetuating across the region. Beyond electronics exports, other sectors are being undercut, leading several governments to announce targeted support measures for firms and consumers, even as headline growth has headed higher.

₹28,292.1 crore in the financial year ended March 2026 (FY26) was lower than the previous year’s ₹32,184.2 crore, marking the third decline in total shareholder returns - comprising dividends and buybacks - over the past six years, and the fourth such fall since the company went public in 2004.This 12.1% fall in total payouts in FY26 follows a 3.87% decline in FY24. At least twice before—in 2021 and 2016—Tata Sons’ income from TCS dropped over the previous year.As India’s largest IT services company continues to explore acquisition opportunities, analysts are questioning whether Tata Sons can continue to rely on cash from its crown jewel, TCS, which accounted for 83% of Tata Sons’ ₹38,835 crore revenue in the year ended March 2025 (FY25).Shares of TCS closed 2.45% lower at ₹2,524.35 apiece on the BSE on Friday, a day after the company reported its first annual revenue decline in dollar terms since listing.TCS’s lower payouts to its parent come at a time when Tata Sons, under chairman N.

How to access: vids.google.com (included in Google Workspace Business and Enterprise plans)• Turn documents into training videos: Start from a policy, manual, or brief and generate a video draft without beginning from scratch.• Scale communications without a crew: Create leadership updates, compliance briefings, or product walkthroughs using scripts, voiceover, and stock visuals.• Create without deep creative skills: Vids helps with the structure and production draft, while your team supplies the content and final review.A regional HR head at a manufacturing company is rolling out a revised safety protocol across 12 plant locations and 2,000 workers. Coordinating in-person sessions across sites would take weeks.