Manufacturing Financial News

01.08 / 19:05

UPS Target Cooper Manufacturing Action cover Hero ED at two Hero offices, Pawan Munjal’s house

NEW DELHI : The Enforcement Directorate (ED), the federal agency responsible for investigating money laundering and other financial irregularities, on Tuesday conducted searches at the premises of two-wheeler maker Hero MotoCorp Ltd and the residence of executive chairman Pawan Munjal, two people familiar with the development said. The company said it was cooperating with the agency. “Officials from the Enforcement Directorate today visited two of our offices in Delhi and Gurugram and the residence of our executive chairman Dr Pawan Munjal.

01.08 / 19:05

UPS Provident Aware Manufacturing Mobile awards Hyundai Existing ACC battery units may be able to apply for PLI

NEW DELHI : The government is considering a proposal to allow existing advanced chemistry cell (ACC) battery storage projects to apply for unutilized capacity under the production-linked incentive (PLI) scheme for the sector, two people aware of the matter said. At a 24 July meeting, some industry executives proposed allowing brownfield projects to apply for the capacity not allotted to greenfield projects, according to the people cited above. Currently, only greenfield projects are eligible for the scheme.

01.08 / 19:05

UPS Manufacturing Pool Micron track country Gujarat aims to become chip-making hub

GANDHINAGAR : The Gujarat government is pitching the state as the sole destination for semiconductor manufacturing and allied investments in India, with officials having discussed with over 100 companies across the gamut of manufacturers and suppliers. “At least half-a-dozen players are in advanced discussions, including wafer fabs, display fabs, OSAT (outsourced semiconductor assembly and test) players and suppliers," a senior state government official said, asking not to be named.

01.08 / 18:41

COST Lowe's Manufacturing show country Industry activity remains strong on new export orders

Manufacturing activity continued its strong momentum in July even as a marginally softer rate of expansion in output and new orders brought down the PMI reading for the month to 57.7 from 57.8 in June. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) for July released on Tuesday pointed to an improvement in overall operating conditions for the 25th straight month. In PMI parlance, a print above 50 means expansion while a score below 50 indicates contraction.

01.08 / 17:53

UPS Target Man Manufacturing Continental country Renewables Brookfield Brookfield, RIL bet on renewables in Australia

₹5.95 trillion) in green energy and other projects in Gujarat. It will also set up a 10GW solar project in Andhra Pradesh.

01.08 / 17:23

Target Progressive Manufacturing Align Honeywell performer social Pharmaceuticals Teva Pharmaceuticals joins forces with Honeywell for energy efficiency

Teva Pharmaceuticals, a leading generic pharmaceutical company, is taking proactive measures to reduce its environmental impact by partnering with Honeywell, a technology company, to optimize energy consumption and carbon emissions at its manufacturing facility in Debrecen, Hungary.

01.08 / 17:09

Booking Manufacturing Compilation Enterprise NIFTY SENSEX Piramal Enterprises, 2 others placed under F&O ban on NSE for August 2; check details

Piramal Enterprises, Hindustan Copper, and Indiabulls Housing Finance are the tow stocks that are a part of the F&O ban list by the stock exchange for Wednesday. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.

01.08 / 17:09

Provident Williams Manufacturing Dreams show Time NOT It Might Not Be Quitting Time Yet for the Fed’s Rate Hawks

Not as many Americans are quitting their jobs each month as last year. That might mean the Federal Reserve can quit worrying so much about wage inflation. The Labor Department on Tuesday reported that a seasonally adjusted 3.8 million people quit their jobs in June, down from 4.1 million in May.

01.08 / 17:09

UPS Manufacturing Dalmia Bharat Sugar Q1 net profit rises 24.50% at ₹61.34 crore

₹61.34 crore for the first quarter ended June 30, 2023 of fiscal year 2024. The company had reported a profit of ₹49.27 crore in the same quarter of fiscal year 2023.

01.08 / 17:09

COST UPS Lowe's FIVE Manufacturing show Capex: Are India Inc’s animal spirits back?

CHENNAI : Last time corporate India unleashed its animal spirits, the economy grew at its fastest pace ever. That was almost two decades ago. The period between 2002 and 2008 saw huge investments from private companies as they expanded their manufacturing footprint and acquired companies overseas.

01.08 / 16:31

COST UPS Manufacturing Aldi Nestle Europe’s lower food inflation isn’t good news for marketers

Huge hikes in food prices and other daily essentials in European markets are coming to an end. That’s the message coming loud and clear from the big European retailers and consumer-goods companies. While this should bring relief to suffering consumers, it means different challenges for supermarkets and manufacturers.

01.08 / 16:31

COST UPS Manufacturing show performer star July factory production stays robust despite dip

NEW DELHI : Manufacturing activity in July dipped slightly as compared to the previous month while maintaining a strong growth momentum driven by a sharp uptick in new export orders, a private survey on Tuesday said. S&P Global said that India’s purchasing managers’ index (PMI) for manufacturing fell to 57.7 in July, down from 57.8 in June, and 58.7 in May. A figure of 50 separates expansion from contraction.

01.08 / 15:49

UPS Manufacturing country cover electronic Govt rolls out mandatory quality norms for smart meters, welding rods

DPIIT) on July 14. These items cannot be produced, sold/traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark, the notification stated. Now, manufacturing, storing and sale of non-BIS certified products are prohibited as per the BIS Act, 2016.

01.08 / 15:49

NASDAQ Manufacturing Action show Ahead of the Market: 10 things that will determine D-Street action on Wednesday

Here's how analysts interpret the market pulse: «Domestic indices traded with a negative bias below the flattish trend, influenced by global peers. Despite this, mid- and small-cap stocks continued to outperform the benchmark index. IT stocks rallied amid hopes of a soft landing for the US economy.

01.08 / 15:49

Target Progressive Manufacturing country Solar India to emerge as one of the world's largest solar module makers: R K Singh

largest solar module manufacturers and has the fastest growing capacity in renewable energy, Union Power Minister R K Singh said on Tuesday. Stating that India has a considerable existing solar manufacturing capacity, he pointed to «even larger capacities under construction, including polysilicon».

01.08 / 15:35

UPS Manufacturing CEO IBC IBC plans Li-ion battery facility at $1 billion investment near Bengaluru

IBC) has proposed a recyclable Lithium-ion battery manufacturing unit in Karnataka with an investment of Rs 8000 crore ($ 1 billion). Venkatesh Valluri, IBC India President and S Selvakumar, Principal Secretary at the Industries department signed an MoU in the presence of Industries Minister MB Patil.

01.08 / 15:35

Manufacturing Assurant Pfizer Seagen track Pfizer Q2 Results: Profit tumbles 77% to $2.3 billion; co trims 2023 revenue outlook

Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook, in part due to tornado damage to a key manufacturing facility. Profits in the second quarter were $2.3 billion, down 77% as revenues fell 54% to $12.7 billion. Quarterly revenues for Pfizer's Covid-19 vaccine and Paxlovid therapeutic were $1.6 billion, far below the $16.9 billion in the year-ago period.

01.08 / 14:15

UPS Provident Cooper Manufacturing Action country Hero Who is Pawan Munjal? Hero MotoCorp confirms ‘ED visit’ at Chairman's residence; here's what we know

Enforcement Directorate (ED) on August 1 raided the residence of Hero MotoCorp chairman Pawan Munjal in a case of alleged money laundering, signalling a major escalation of investigation against the prominent businessman. The law enforcement agency conducted searches at his premises located in Delhi and neighbouring Gurugram, and registered a case against him under the Prevention of Money Laundering Act (PMLA), reported news agency PTI. Earlier today, the country's largest two-wheeler automobile manufacturer informed the stock exchanges that ED had visited Munjal's residence and two of its offices.

01.08 / 14:03

COST UPS FIVE Manufacturing Action cover Customers LensCrafters to pay eyeglass customers $39 million over Accufit claims

By Jonathan Stempel

01.08 / 14:03

UPS NASDAQ DOW Manufacturing MSCI global economy Gloomy data tempers optimism on global economy

By Lawrence Delevingne and Tom Wilson

01.08 / 13:25

Lowe's Manufacturing Enterprise show country Oil dips on weak manufacturing data, dollar strength

Investing.com — Crude oil prices retreated Tuesday, handing back some of last month’s strong gains on worries about slowing global growth, while strength in the dollar also weighed.

what you should know about Manufacturing

What is Manufacturing and why is it important?

Manufacturing is a significant category that draws public attention. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Manufacturing?

All latest articles about Manufacturing can be found in the special selection. We publish information in a timely manner.

How can I verify the accuracy of information on Manufacturing?

We use verified data to ensure that the information about Manufacturing is accurate and helpful for our readers.