Manufacturing Financial News

31.07 / 05:55

UPS FIVE Booking Manufacturing Metals can be tactical trade for next few months: Aman Chowhan

"Chemicals is one space which is underrated right now because clearly we are seeing earnings headwinds, we are seeing margin pressures because China's supply has opened up so that is also something for the next three to six months one should be very watchful," says Aman Chowhan, Abakkus Asset Management.So, financial seems to be the consensus trade that you are talking about. But which is the most underrated sector, you would say, is that technology? Technology, yes but at the same time stocks have not corrected the way the results have been, the way the Infosys revised guidance, there has not been much impact on the stock price.

31.07 / 04:49

UPS Manufacturing performer track social blues Marketmind: Beijing stimulus given benefit of the doubt

(Reuters) — A look at the day ahead in European and global markets from Wayne Cole.

31.07 / 04:41

Manufacturing HSBC show China factory activity shrinks in July, adding to pressure to reverse economic slump

A survey shows Chinese factory activity contracted in July as export orders shrank

31.07 / 04:37

UPS IPO Provident Target Manufacturing RFC Ambrian tips into NextOre Series B capital raise; plans IPO

RFC Ambrian is tipping in $5 million into mining tech business and IPO hopeful NextOre, cornerstoning its Series B growth funding round.

31.07 / 04:17

COST Booking Manufacturing Mobile country Maruti Suzuki Q1 Results: Net profit likely to more than double to ₹2,490 crore; revenue growth seen at 18.6% YoY

Maruti Suzuki India Ltd, the largest passenger vehicle manufacturer in the country, is set to announce its Q1 results today. The auto major is likely to see its net profit more than double in the first quarter of FY24 as compared to the same period last year. During Q1FY24, the automobile industry overall witnessed higher realization led by price hikes and improved volume driven by a strong order book, new product launches, and increased demand for personal mobility.

31.07 / 04:03

BLOCK Manufacturing Pool BAY Immunic track blues Blue blood from horseshoe crabs is valuable for medicine, but a declining bird needs them for food

The biomedical industry is adopting new standards to protect a primordial sea animal that is a linchpin of the production of vital medicines

31.07 / 03:45

UPS Lowe's Manufacturing country China factory activity shrinks for fourth straight month

The official manufacturing purchasing managers' index (PMI) — a key measure of factory output — came in at 49.3, below the 50-point mark that separates expansion and contraction, according to the National Bureau of Statistics (NBS). July's reading was slightly higher than June's 49.0 figure and was better than forecasts in a Bloomberg survey. «The overall level of manufacturing prosperity continued to improve,» NBS statistician Zhao Qinghe said in a statement. China is struggling to improve growth as its post-Covid recovery runs out of steam, due in large part to sluggish consumer spending.

31.07 / 03:35

Manufacturing DAL show lawmakers Over 170 requests made by lawmakers across political parties for introduction of Vande Bharat trains

Railway Ministry has received over 170 requests from leaders across parties for launching the Vande Bharat trains in their constituency. Apart from ruling BJP, many major opposition leaders have also requested the introduction of Vande Bharat trains in their constituencies including Congress Chief Mallikarjun Kharge and TDP supremo Chandrababu Naidu.

31.07 / 01:57

Manufacturing show Japan's June factory output rises 2% from a month earlier

TOKYO (Reuters) — Japan's factory output rose 2.0% in June from the previous month, government data showed on Monday.

31.07 / 01:57

COST Manufacturing NIFTY show Indian US stocks Gift Nifty, rally in Asian markets and US stocks to Japan’s policy tweak - key triggers for Indian stock market today

inflation data from across the region this week. US markets ending higher on Friday also improved sentiment. China is set to release its July purchasing managers index on Monday, while the US ISM surveys on manufacturing and services, the July payrolls report and European inflation due this week will also be eyed.

31.07 / 01:57

UPS Manufacturing COMPOSITE show country China manufacturing PMI shrinks for 4th straight month in July

Investing.com-- Chinese manufacturing activity contracted for a fourth straight month in July, data showed on Monday, as the country’s biggest economic engines continued to grapple with weak demand and laggard private spending.

31.07 / 01:57

UPS Target Manufacturing show country China's factory activity extends declines, firming case for stimulus

BEIJING (Reuters) -China's manufacturing activity fell for a fourth straight month in July, albeit at a slower pace, an official factory survey showed on Monday, reinforcing the need for further policy support to boost domestic demand.

31.07 / 01:49

DOW Manufacturing NIFTY VIX GIFT Nifty down 60 points; here's what changed for market while you were sleeping

Market will also keep an eye on the manufacturing data to be released this week both — globally as well as locally. «Overall, we expect sectoral rotation in the market, while the Index is likely to remain in the consolidation zone with the ongoing result season,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETS

31.07 / 00:55

NASDAQ DOW Manufacturing Apple Dow futures lift as rally continues, major tech earnings in focus

Investing.com — U.S. stock futures were trading higher during Sunday's evening deals, after major benchmark averages posted their 3rd consecutive week of gains, each closing at 15-month highs as strong earnings results and easing inflation pressures boosted investor sentiment.

30.07 / 22:05

Digital Manufacturing Caterpillar Apple MSCI Nikkei rock Marketmind: Asian markets face tough act to follow

NEW YORK (Reuters) — A look at the day ahead in Asian markets from Stephen Culp, financial markets columnist.

30.07 / 19:37

UPS Manufacturing country Latin Bajaj Auto to set up first overseas manufacturing facility in Brazil

Bajaj Auto, India's largest exporter of motorcycles and three-wheelers, is setting up its first overseas manufacturing plant in Brazil through its wholly-owned subsidiary Bajaj Do Brasil. Executive director Rakesh Sharma said local presence in Brazil, Latin America's biggest two-wheeler market, will help Bajaj Auto gain insights into product development and customer behaviour and strengthen its presence in the region. Pune-based Bajaj Auto has presence in more than 90 countries, where it follows a distribution-led model — the company's distribution partners manage local operations, including assembly.

30.07 / 19:29

UPS Provident FIVE Manufacturing country FAME III corpus may jump to ₹30,000 cr

NEW DELHI : The central government may triple subsidy allocation for electric vehicle (EV) purchases in the third edition of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME) programme amid the rising popularity of EVs in India. Allocation for the FAME III scheme may jump to around ₹30,000 crore from ₹10,000 crore earmarked for the current FAME II scheme, two people close to the matter said, adding that consultations have just started and the final allocation has not been decided. Charging infrastructure would also gain significant focus, with allocation at least doubling from the second phase, one of the two people said.

30.07 / 19:29

COST IPO Lowe's Aware Manufacturing Pencil maker DOMS preps ₹1,200 cr IPO as mkt swells

MUMBAI : DOMS Industries, India’s second-largest pencil maker, is set to file draft papers for a ₹1,200 crore initial public offering (IPO) with the Securities and Exchange Board of India (Sebi) in the second week of August, two investment bankers aware of the development said. Italy’s F.I.L.A. Group, which owns a 51% stake in DOMS, plans to offer shares worth ₹800 crore in the issue.

30.07 / 19:29

UPS Extreme Manufacturing country electronic ‘We plan to double the pace of chip commercialization’

Edited excerpts: Srinivas: Ours is an extremely R&D- intensive business. Globally, we spend $2.4 billion towards it, and a majority of it happens in India. So, we will continue to do it, as we need to expand our infrastructure to support R&D activities.

30.07 / 19:29

UPS Manufacturing LittleOak seeks $10m from investors as it expands in the US

The LittleOak Company, a New Zealand goat milk infant formula hopeful backed by private equity fund Parc Capital, is in the market to raise $10 million to support an expansion in the United States.

30.07 / 19:29

FIVE Manufacturing Biological E may raise $250 mn from PE firms

The Economic Times reported that Biological E was seeking to raise funding from PE firms to finance its plans to hive off its vaccine business. The company was founded in 1953 by Dr D.V.K. Raju and Dr G.A.N.

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