Manufacturing Financial News

  Cipla Limited today announced that its wholly-owned subsidiary, Cipla USA Inc., is voluntarily recalling six batches of Albuterol Sulfate Inhalation Aerosol, 90 mcg (200 Metered Inhalation) manufactured in November 2021 to the consumer level. This recall is being conducted with the knowledge of the U.S.

Vande Bharat Express is an indigenously manufactured, semi-high-speed, self-propelled train set. The train has state-of-the-art passenger amenities, providing passengers with a faster, more comfortable, and more convenient travel experience. It was first known as Train 18 and was manufactured at the Integral Coach Factory(ICF) in Chennai.

India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries trying to reduce their dependence on the dollar. The Reserve Bank of India has allowed more than a dozen banks to settle trades in rupees with 18 countries since last year and is encouraging big oil exporters such as the UAE and Saudi Arabia to South Asian nations to accept the Indian currency for trade settlements.

Sydney-based Birch & Waite Foods, backed by Fortitude Investment Partners, has acquired Queensland’s Epicurean Foods which whips up dressings, sauces and desserts geared to higher-end customers.

New Delhi: Domestic deliveries were the driving force for Tata Steel Limited in the first quarter of Fiscal Year 2024 (Q1 FY24) with an 18 per cent increase in domestic volumes Y-o-Y over key segments, said the steel company in a forward looking statement today.Provisional delivery volumes for the Indian vertical of the company stood at 4.8 million tons, an 18 percent Y-o-Y rise. While the Exports moderated on a Y-o-Y basis to 0.25 million tons, as the company’s Europe and Thailand vertical saw decline in deliveries.

NEW DELHI : Generation of e-way bills dipped marginally to 86.1 million last month compared to 88.2 million permits in May, indicating intra- and inter-state shipments of goods continued to be robust despite a slight moderation. Data from Goods and Services Tax Network (GSTN) which processes goods and services tax (GST) returns, showed that 56 million permits were raised for intra-state movement and 30 million permits for inter-state goods movement in June, against 56.7 million intra-state and 31.5 million inter-state e-way bills raised in May.

New Delhi: India's tariffs on electronics inputs are the highest amongst competing economies, according to a study by the Indian Cellular and Electronics Association. The industry body has said that the government must begin rationalising of tariffs or import duties to reduce disadvantages and increase competitiveness with rivals like Vietnam and China.

By David Shepardson

DPIIT) will soon roll out mandatory quality control and safety standards for a number of household electrical appliances, a senior official said on Thursday. The move is aimed at containing the import of sub-standard goods from countries like China and boost domestic manufacturing. These products, which are divided under six categories, include Vacuum Cleaners, Electrical Shavers Hair, Massage Appliances, Electric Steam Cookers, Electric Heating Tools, Electric Coffee Makers, and Electric Food Processors.

Shop for the best dining table sets available right now in India. Take a look at our curated list of the best dining table 6 seater and dining table 4 seater for easy customization according to your needs. Get great build quality, exquisite design patterns, the finest craftsmanship, and a smooth finish that enhances the decor of your house. Scroll to know more about the features, Amazon prices, ratings, detailed product descriptions, and more

Dinesh Baruah, Assistant Director, Central Ayurveda Research Institute (CARI) Guwahati, said that India has seen massive growth in the Ayush industry from 28.5 billion dollars in 2014 to 18.1 billion dollars in 2020. Giving a deep focus on laws, practices and regulations related to drug manufacturing and marketing.

Sourav Ganguly has picked up a minority stake in food delivery startup JustMyRoots for an undisclosed amount and will also be undertaking endorsement for the brand. JustMyRoots, which operates an inter-city food delivery service, is also in talks with venture capital and private equity funds to raise Rs 120-150 crore for its business expansion. The funds will be utilised for manufacturing units for in-house packaging solutions it has developed and also to start food delivery services within the city like Swiggy and Zomato, said CEO Samiran Sengupta.

Indian economy has carried the momentum from the past year into the current fiscal year and there has been no evidence by far that suggests a slowdown in the current financial year 2023-24, said the Department of Economic Affairs under Ministry of Finance in its monthly review report. According to the provisional estimates released by the National Statistical Office (NSO) recently, real GDP growth for 2022-23 stood at 7.2 per cent, higher than the 7 per cent as was projected earlier. An upward revision in the 2022-23 GDP numbers is expected going forward.

Ambrane India expects to almost double its revenue to Rs 500 crore by 2025-26 as it looks to expand both product portfolio and geographic reach, a top official of the company said on Thursday. Ambrane founder and Director Ashok Rajpal told PTI that the company clocked revenue of Rs 230 crore in the last fiscal. «We crossed Rs 230 crore in revenue in the last financial year.

Bubs Australia says it will turn a profit in two years, pinning its hopes on Washington DC and Beijing permitting its Melbourne factory to directly supply those markets.

National Security Advisor Ajit Doval on Thursday held wide-ranging talks with French President's diplomatic advisor Emmanuel Bonne with a focus on Prime Minister Narendra Modi visit to Paris next week. Modi will attend this year's Bastille Day Parade as the guest of honour in Paris on July 14. Bonne also called on Modi and briefed him on the progress in various areas of bilateral cooperation.

InsideFPV has raised Rs 2.75 crore in a seed funding round led by Inflection Point Ventures and will utilise the amount for product development, marketing and research. InsideFPV was founded in July 2020 and is currently serving the consumer segment with ongoing trials for the defence and agriculture segments.

  Chief Minister Yogi Adityanath-led Uttar Pradesh government on 6 July issued a notification to carry out the 'social impact assessment' (SIA) for acquisition of another 2,053 hectares of land for the third phthe use expansion of the upcoming Noida International Airport (NIA) in Jewar. According to the CEO of Noida International Airport Limited (NIAL), Arun Vir Singh, a total of 1,888 hectares of land from 14 villages in Jewar tehsil of Gautam Buddh Nagar is to be acquired, and the SIA is scheduled to be carried out by Gautam Buddha University and completed by this August 30.

Firstly, we have carefully selected popular products from Amazon and provided a brief description for your reference. You will also find the Amazon rating and price, followed by the buying links. Once you have reviewed the available information, feel free to use the provided buying links to have the shoes delivered to your doorstep.

ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers – and Festo India, the world’s leading manufacturer and supplier of automation technology and technical education, today announced the signing of a Memorandum of Understanding (MoU) at the Festo Corporate Center in Stuttgart, Germany.The partnership will focus on development of New Age Makers Institute of Technology (NAMTECH), an ArcelorMittal Nippon Steel India education initiative aimed at delivering an integrated model of high-quality engineering and technical education, with special emphasis on manufacturing and sustainability. NAMTECH will start operating an interim campus in the Research Park at IIT Gandhinagar, Gujarat, from August 2023.NAMTECH and Festo India will work in tandem on the design and delivery of technical labs at the campus in Gandhinagar.

5-star ratings in the Global NCAP crash tests. Building on this achievement, the Taigun has recently undergone the Latin NCAP crash test and has also secured a commendable 5-star rating.  The Taigun model tested by Latin NCAP included six airbags, an Electronic Stability Program, and Autonomous Emergency Braking. In terms of safety ratings, the SUV achieved a score of 92 per cent for adult protection, 92 per cent for child protection, 55 per cent for pedestrian and vulnerable road user protection, and 83 per cent for the safety assist system.