Manufacturing Financial News

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Investing.com — U.S. futures traded lower, with investors cautious ahead of the release of Federal Reserve meeting minutes from the June policy gathering.

Investing.com -- U.S. stock futures edge lower as traders return to their desks following the Fourth of July holiday. Attention will largely be on the release of minutes from the Federal Reserve's last policy meeting, while investors will also be digesting disappointing services sector data out of China.

Certification to the Antibiotic Manufacturing Standard will be a clear sign that manufacturers in the global antibiotic supply chain are taking necessary steps to ensure antibiotics are made responsibly, helping to minimize the risk of releasing antibiotic waste emissions into the environment.This follows the publication of the globally applicable industry standard in June 2022. The standard was facilitated by BSI for the AMR Industry Alliance, an organization made up of over 100 companies and associations from across the life-sciences industry with the shared goal of providing sustainable solutions to curb AMR.The new certification, developed by BSI to support the Standard, will offer independent third-party verification that waste streams containing antibiotic active pharmaceutical ingredient (API) and drug products are appropriately controlled during manufacturing by pharmaceutical companies.

₹1.68 lakh crore by 2030-31 from FY22 level, said the firm's company Managing Director and CEO Hisashi Takeuchi said on 5 July. The firm is expecting India to 'play a very big role' in Suzuki Motor Corporation's goal to achieve a global turnover of ₹4.32 lakh crore in FY30-31, which would be exactly double the turnover of ₹2.16 lakh crore achieved in FY21-22, said Takeuchi. When asked if Maruti Suzuki India was also looking to double its turnover like its parent Suzuki, Takeuchi said, "Yes, of course".

Genus Power Infrastructures Ltd (Genus Power) experienced a significant surge on Wednesday's trading session. The small-cap stock has hit a 20% upper circuit on BSE.

Maruti Suzuki crossed the ₹10,000 mark, marking a new record of ₹10,003. The stock snapped a two-day losing streak in the process. The auto major stock's ended 3.61 per cent higher at ₹9994.50.

IPO) of Kaka Industries will open for public subscription on July 7. The issue closes on July 11.

Q2 2023 recorded 14.6 mn sq ft of gross absorption across the top 6 cities, rising by 2% YoY, making a strong comeback after a cautious first quarter. Amidst global economic headwinds, demand continued to grow on a sequential basis, indicating a continued occupier confidence, according to Colliers’ Q2 2023 Pan India Office Market Snapshot (Grade A).

By Gaurav Sen

Less than 7 per cent of gas sold on the east coast may be subject to the Albanese government’s price caps, meaning the much-vaunted policy may do little to rein in prices for consumers despite having already done irreversible damage to investment confidence.

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Narendra Modi will flag off two Vande Bharat Express trains from Gorakhpur city of Uttar Pradesh on 7 July. This inauguration will be part of PM Modi's two-day visit of four states. The two Vande Bharat train that will be inaugurated will be Gorakhpur-Lucknow Vande Bharat Express and Jodhpur-Sabarmati Vande Bharat Express.

Here's a list of stocks that have surpassed their 100 SMA. (Data Source: Stockedge)1. Kaveri Seed CompanyKaveri Seed Company demonstrated remarkable performance on 4 July 2023, surpassing its 100 SMA of 518.4 with a closing price of 573.85.

Late on Tuesday, convoys of Israeli military vehicles were observed leaving Jenin, signaling the conclusion of the operation that commenced on Monday. The clashes during the operation resulted in the deaths of twelve individuals, including at least five Palestinian fighters and one Israeli soldier. The primary objective of the military campaign was to dismantle militant infrastructure and confiscate weapons in the Jenin refugee camp. The operation was initiated with a drone strike on Monday, and more than 1,000 Israeli troops were deployed in the area. It remains uncertain whether this operation will have a lasting impact, considering the intense fighting that has occurred in the West Bank over the past year and a half. Israeli Prime Minister Benjamin Netanyahu affirmed that similar operations would be conducted in the future if deemed necessary.

Maruti Suzuki, India's leading car manufacturer, introduced the Invicto MPV as their latest flagship model. With an introductory ex-showroom price ranging from ₹24.79 lakh to ₹28.42 lakh, the Invicto becomes the most costly vehicle in Maruti's lineup. Essentially, the Invicto is a rebranded version of the Toyota Innova Hycross.

Global Market Intelligence. "This bullish pick-up in growth momentum supported a further sharp upturn in business activity and encouraged another uplift in employment figures, boding well to near-term growth prospects," she added. India's services sector, one of the fastest growing in the world, contributes to over 50% of the country's GDP.

Nova Agritech received approval from capital markets regulator Sebi to raise funds through the IPO. Both Netweb Technologies and Nova Agritech filed preliminary IPO papers with Sebi in March this year. The IPO of Netweb comprises a fresh issue of equity shares of up to Rs 206 crore and an offer-for-sale (OFS) of up to 8.5 million equity shares by promoters selling shareholders.

Fourth Paradigm Technology, an AI startup, has completed procedural work for a Hong Kong initial public offering, becoming only one of a handful of companies to get the nod from China's securities regulator since new rules became effective this year. The company has successfully completed the offshore listing filing process，according a July 3 filing on the China Securities Regulatory Commission (CSRC) website. The greenlight comes at time when regulatory scrutiny of proposals for share offerings has intensified in the wake of new listing rules, lengthening the waiting time for approvals, sources have said.

Billionaire Andrew Forrest is rewriting history in nickel-rich Western Australia, returning to the scene of his biggest career heartbreak as the owner of Mincor Resources.

office rentals remained stable during April-June at Rs 95 per square feet across six major cities as new supply rose 32 per cent, while demand grew by a modest 2 per cent, according to Colliers India. Real estate consultant Colliers India released its quarterly data of six major office markets — Bengaluru, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — on Wednesday. Gross leasing of office space rose 2 per cent to 14.6 million square feet across top six cities during April-June, from 14.3 million square feet in the year-ago period, driven by technology, engineering & manufacturing sectors.