Manufacturing Financial News

24.07 / 04:25

COST UPS Manufacturing Pfizer stage innovations Drug Shortages: Manufacturing innovations will make better, cheaper pills

Rutgers University in central New Jersey is equipped to make more than 1 billion prescription pills a year. Its manufacturing process is faster, cheaper and more precise than traditional methods, potentially reducing reliance on factories abroad. The technology also can be used to make drugs currently in shortage, including cancer treatments.

24.07 / 03:47

Reuters Manufacturing Strategy ANZ show country NOT India's economy to hold top spot for GDP but not so much for jobs growth: Reuters poll

By Milounee Purohit

24.07 / 01:57

UPS Provident Man Manufacturing blues Morgan Stanley raises economic growth forecast, citing Biden infrastructure ‘boom’

Rep. Mike Garcia, R-Calif., criticizes President Biden's handling of the economy and Chinese competition.

24.07 / 01:57

UPS EBAY Fox Manufacturing Tesla show Craftsman factory in Texas shows challenges of reshoring manufacturing

Former Michigan gubernatorial candidate Tudor Dixon joins Fox & Friends First as tensions get heated and warns of serious national security concerns.

24.07 / 01:55

UPS Microsoft Manufacturing NIFTY Indian Gift Nifty, mixed trend in Asian markets to Wall Street corporate earnings - key triggers for Indian stock market today

US Federal Reserve and European Central Bank later this week and possibly the end of the tightening cycle in both. Investors will also focus on a slew of corporate earnings this week, including that of Alphabet, Meta, Intel, Microsoft, GE, AT&T, Boeing, Coca Cola, Ford, among others, in the US. In Asia, Japan’s manufacturing activity extended declines in July, as the au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) fell to 49.4 in July from 49.8 in June.

24.07 / 01:19

Microsoft NASDAQ DOW Manufacturing Dow futures slip, earnings and Fed decision in focus

Investing.com — U.S. stock futures were trading in a mixed fashion during Sunday's evening deals, following a similarly mixed week amongst major benchmark averages as market participants processed a slew of quarterly earnings results from major companies.

23.07 / 20:47

UPS Aware Manufacturing performer Demand for bigger cars accelerates sales of wider tyres

Wider tyres on passenger vehicles, both cars and SUVs, with 18-22 inch diameters and 245/255 mm width have seen double-digit growth since 2020, while the share of smaller tyres is shrinking rapidly. In CY 2020, the share of 12-inch wheel rim diameter was 6.3%, which fell to 1.2% in 2023, while the share of the 17-inch rims grew from 9.5 to 12.7%. In the same period, 18 inch rims have increased share from 1.3% to 6.5%, according to Jato Dynamics data.

23.07 / 18:27

UPS AXY Manufacturing track dividend Vedanta’s dividend payouts to parent concern lenders

MUMBAI, NEW DELHI : Banks have turned cautious on their exposures to Vedanta Ltd, worried that sizeable dividend payouts to ease the parent’s debt burden might stress the balance sheet of the domestic entity to which they have loaned money, said two bankers close to the matter. Bankers said a clutch of lenders have been discussing their stand on Vedanta and are uncomfortable with high dividends to help its London-based parent Vedanta Resources deleverage. They said they are closely watching their exposures but added that the company has been repaying loans on time.

23.07 / 18:11

UPS MET Cooper Manufacturing Action country India seeks to ensure FTA sops aren't used for dumping steel

free trade agreements (FTAs), steel secretary Nagendra Nath Sinha told ET. This provision ensures that any steel which benefits from tariff concessions under FTAs is manufactured only in the countries that have an arrangement with India. It helps curtail attempts to use FTA countries as transit points to dump steel, from non-FTA ones, such as China, into India.

23.07 / 17:31

UPS Provident Manufacturing Action country Standard Sample search finds 48 drugs sub-standard, one spurious

Mint. Queries sent to the health ministry were not answered.

23.07 / 17:31

UPS Provident Manufacturing Huawei electronic Delhi HC patents verdict may hit small-scale, mid-sized manufacturers

New Delhi: A verdict by a two-judge bench of the Delhi High Court last week is expected to have an adverse impact on India’s mid and small manufacturers who licence patents from large international firms. The court ruled that in the issues pertaining to rights of patentees, the Patents Act overrides the Competition Act and hence the anti-trust regulator cannot probe issues pertaining to rights of patentees. This verdict was delivered in the appeals moved by global companies Ericsson and Monsanto against a Competition Commission of India (CCI) probe.

23.07 / 16:59

UPS Target Manufacturing CEO Action Honda Hero How Hero plans to regain its mojo

NEW DELHI : On 1 June, at Himgiri Automobiles, a Hero MotoCorp Ltd dealership in Delhi’s Shahdara neighbourhood, a 35-year-old man walked in to take home the Xoom, a 110cc scooter. He simply liked the scooter’s styling and picked it over a bigger scooter, the NTorq, manufactured by TVS Motor Company. Nudging him to disclose more about this choice was an unusual visitor at the dealership—Niranjan Gupta.

23.07 / 16:11

COST Manufacturing Racing Tesla country Tata has placed the UK on the starting grid of today’s EV race

British government officials describe the Tata Group’s decision to build an electric-car battery factory in the UK as a “major vote of confidence" and a huge boost for the country’s auto industry, saying it will create thousands of jobs and help drive economic growth. For once, the hype may be partly justified. The significance of the £4 billion ($5.2 billion) project by the Indian conglomerate that owns Tata Motors should not be underestimated, though it is more of a lifeline for domestic carmakers in the UK rather than their crowning glory.

23.07 / 16:11

UPS Lowe's Manufacturing Mobile show Factory item prices must cool for lasting inflation relief

India’s retail inflation in June was 4.8%, as per a recent data release. Since March, inflation has been under the target’s 6% upper limit, after breaching it for several months earlier. Retail inflation is the year-on-year change in the consumer price index (CPI), which is a weighted average price level for food, fuel, manufacturing and service items.

23.07 / 13:37

Manufacturing Micron IBM AMD electronic Prime Minister Modi to inaugurate 'Semicon India 2023' at Gandhinagar on July 28

Narendra Modi will inaugurate 'Semicon India 2023', a premier showcase of India's semiconductor capabilities and chip design innovation, on July 28 at Gandhinagar. With the participation of companies like Foxconn, Micron, AMD, IBM, Marvell, Vedanta, LAM Research, NXP Semiconductors, STMicroelectronics, the mega event will shine a light on India's rapid strides towards fostering global semiconductor manufacturing and design ecosystem.

23.07 / 13:23

Citi FIVE Digital Manufacturing performer Industrial & Warehousing demand in India stable in H1 2023: Colliers

New Delhi: Industrial and warehousing demand across the top five cities was stable during H1 2023 with 11 mn sq ft of leasing, compared to the same period last year, professional services and investment management company Colliers said in a report. According to it, Delhi-NCR continued to lead demand with 25.0% share, closely followed by Mumbai at 24.6%.

23.07 / 13:07

Aviat Manufacturing Airlines Boeing Returns Dubai-bound Air India flight returns to Kerala two hours after departing. Here's why

Air India flight, IX 539, which took off with 174 people onboard -- including the crew -- from here at 1.19pm returned back and landed safely at 3.52pm, an airport official said. "The plane landed safely. All passengers and crew are fine.

23.07 / 12:45

COST Manufacturing analysts Tata steel Q1 results preview: As analysts are confident, can showcase good results

Tata Steel, India's largest steelmaker, is scheduled to announce its first-quarter results for FY2024 in this week. Analysts are expecting the company to report strong earnings growth, driven by robust sales and margin expansion. Tata Steel is expected to report strong earnings growth in the first quarter of FY2024, driven by robust sales and margin expansion.

23.07 / 11:51

Manufacturing BMW BMW to begin manufacturing EVs in India soon: Report

Indian market. According to a report by PTI, BMW's EV sales accounted for 9% of its total sales in India in the first half of 2023. The company aims to increase this to 25% by 2025, the official said. BMW Group India President, Vikram Pawah, stated in an interview that as the demand for EVs grows and volumes increase, the company will localize and produce EVs in India.

23.07 / 10:33

Citi FIVE Manufacturing India’s industrial and warehousing demand stable in first half of 2023: Colliers

New Delhi: Industrial and warehousing demand across the top five cities was stable during the first half of 2023 compared to the same period last year, with 11 million square feet of leasing, professional services and investment management company Colliers said in a report. According to Colliers, Delhi NCR continued to lead demand with 25% share, closely followed by Mumbai at 24.6%.

23.07 / 10:33

COST Manufacturing Apache Latin TVS Motors Q1FY24 earnings preview: Sales and margin are expected to grow

TVS Motor, India's second-largest two-wheeler manufacturer, is scheduled to announce its first-quarter results for FY2024 in this week. Analysts are expecting the company to report strong earnings growth, driven by robust sales and margin expansion. The company is well-positioned to benefit from the growing demand for two-wheelers in India and the increasing exports of its products.

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