Manufacturing Financial News

22.01 / 16:17

markets IPO Waters Manufacturing Analysis Trade Experts Water purifier firm Kent RO files IPO papers with Sebi

markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta are offloading shares in the OFS. Overall, promoters hold 99.77 per cent stake in the company at present.

22.01 / 15:57

Manufacturing CEO Software President country cover Drone industry hopes for higher PLI outlay in budget

Subscribe to enjoy similar stories. The drone industry, one of India’s sunrise sectors, wants the government to increase allocations under the Production Linked Incentive (PLI) scheme in the upcoming Union Budget for 2025-26. In September 2021, the government announced a PLI scheme for the drone sector for a period of three years with a total financial outlay of ₹120 crore.

22.01 / 15:39

Manufacturing Fighting Opinion wellness show electronic innovations Opinion: ‘Vasa syndrome’ is killing Ontario’s auto sector

By Michael Nitefor

22.01 / 15:39

Manufacturing Gap Strategy economy performer country prevention 'We have a stinker of an economy:' Trump's tariff threat is not Canada's only problem, say economists

Canada needs to start fixing its “stinker” of an economy regardless of whether Donald Trump imposes tariffs next month so it can prevent similar threats in the future, economists say.

22.01 / 15:21

Manufacturing WhatsApp reports recommendations Wendt (India) Dec quarter consolidated net profit at Rs 8.22 cr

quarter at Rs 8.22 crore, the company said on Wednesday. The abrasive and precision component manufacturer has reported a consolidated profit of Rs 9.60 crore during the corresponding quarter of last year. For the nine months ending December 31, 2024, the consolidated profit stood at Rs 26.59 crore, as against Rs 27.57 crore registered in the year-ago period, Wendt (India) Ltd, a Murugappa Group company, said in a press release.

22.01 / 11:31

markets UPS Manufacturing Strategy Food Trade Reliance Consumer Products acquires SIL brand; plans to compete with HUL, Cremica & Tata

Reliance Consumer Products (RCPL) on Wednesday acquired packaged foods brand SIL, with a portfolio of products such as cooking pastes, jams, mayonnaise, baked beans and Chinese sauces.

22.01 / 09:55

markets Manufacturing Analysis Trade Experts Updates International Polycab India Q3 results: PAT rises 11% YoY to Rs 464 cr; stock down over 6%

Polycab India, the country’s largest manufacturer of wires and cables, today announced its results for the third quarter ended December 2024, posting an 11% YoY jump in its PAT at Rs 463.3 crore. Following the update, Polycab India shares were trading 6.5% lower at Rs 6,137.35 on the BSE.

22.01 / 09:41

Provident FIVE Manufacturing Sustainability country innovations reports From waste to green gold: 5 battery recycling stocks to watch out for in 2025

Subscribe to enjoy similar stories. As India races towards an electric future, powered by renewable energy and electric vehicles (EVs), a looming question casts a shadow on this green ambition: what happens to millions of EV batteries at the end of their life? With gigafactories rising and mining for critical materials like lithium and cobalt taking an environmental toll, the need for a robust battery recycling ecosystem has never been more urgent.

22.01 / 09:41

COST Provident Manufacturing NVIDIA Research country innovations Mint Explainer: Will the $500 billion Stargate plan help the US trump China?

Subscribe to enjoy similar stories. BENGALURU : Geopolitics continues to dictate global tech policies and strategies. The latest example is the Stargate Project, one of US President Donald Trump's first major business initiatives after returning to office.

22.01 / 03:21

COST Man Manufacturing economy Sustainability Trade Universities Tariffs will spark retaliation, not a manufacturing renaissance

Subscribe to enjoy similar stories. MORE THAN 90 years ago Franklin Delano Roosevelt surveyed the wreckage of the Great Depression. He pointed to one of its causes: sky-high tariffs had put America on the “road to ruin" by inviting retaliation and suffocating investment.

22.01 / 00:19

Target Manufacturing security Analysis Research Trade electronic Electronics companies' shares slide as Dixon show disappoints

electronics manufacturing services (EMS) firms were among the top laggards on Tuesday after the third-quarter results of Dixon Technologies, one of the country's largest players in the segment, disappointed investors. Dixon shares plunged 13.9%, Kaynes Technology tumbled 9.7%, Amber Enterprises slumped 7.6%, Syrma SGS Technology declined 4.7% and PG Electroplast fell 6% on Tuesday.

22.01 / 00:19

UPS Manufacturing Highways Southern stage testing Interviews Railways to work on new bullet train corridors in North, East and South as proposed in BJP manifesto

Subscribe to enjoy similar stories. With Golden quadrilateral of high speed train network in mind, Vaishnaw says Railways to work on new bullet train corridors in North, East and South as proposed in BJP manifesto The government proposes to expand the coverage of high-speed trains, laying the ground for them to run on new routes along the lines of the golden quadrilateral highway network.

22.01 / 00:19

markets UPS Manufacturing Strategy Enterprise electronic reports Electronics manufacturing firms tipped to outperform indices this year

Subscribe to enjoy similar stories. New Delhi: Electronics manufacturing services (EMS) companies which rallied sharply on stock markets over the past year before last month's decline have room for growth given the expected rollout of government incentives and the inherent growth potential of homegrown companies, multiple analysts said. Shares of companies such as Dixon Technologies, Amber Enterprises, Kaynes Technology and Syrma SGS Technology may clock strong double-digit growth, they said, outperforming headline indices.

21.01 / 17:05

markets Manufacturing Strategy Research Healthcare PAM Pharmaceuticals CCI clears merger of nine pharma entities with Sequent Scientific

Sequent Scientific Ltd (SSL). «The proposed combination involves a series of inter-connected steps carried out for the amalgamation of SRL, Viyash, Symed, Appcure, Vindhya Pharma, Vandana, Vindhya Organics, Geninn and SV Labs with SSL as the ultimate surviving entity,» CCI (Competition Commission of India) said in a release.

21.01 / 15:53

markets Manufacturing Strategy Sustainability PAM social JK Tyre gets USD 100 mn sustainability-linked loan from IFC

JK Tyre & Industries on Tuesday said it has received a USD 100 million sustainability-linked loan from the International Finance Corporation (IFC). The funding includes USD 30 million for JK Tyre and up to USD 70 million for Cavendish Industries Ltd (CIL), a subsidiary of the company, the tyre maker said in a statement.

21.01 / 15:53

markets Digital Manufacturing Strategy Experts PAM innovations JSW Group to invest Rs 3 lakh cr in Maharashtra

JSW Group on Tuesday announced plans to invest Rs 3 lakh crore in Maharashtra across its businesses. The conglomerate signed a memorandum of understanding (MoU) with the Maharashtra government on the sidelines of the World Economic Forum (WEF) at Davos in Switzerland.

21.01 / 13:59

Fox Manufacturing CEO Apple President electronic reports trump tariffs Samsung weighs relocating dryer production to US in response to Trump tariffs

Pimco head of U.S public policy Libby Cantrill shares what she expects President-elect Trump to accomplish on his first day back in office on ‘Barron’s Roundtable.'

21.01 / 09:29

markets Digital Manufacturing Strategy Food Experts PAM Govt disburses Rs 1,596 cr in six PLI schemes during April-September quarter of FY25

21.01 / 09:29

Provident Manufacturing Platform Sustainability Trade performer Features Tata Elxsi joins hands with Minespider for battery lifecycle management platform

Tata Elxsi on Tuesday said it has joined hands with blockchain-powered traceability solutions provider Minespider to introduce an advanced battery lifecycle management platform. Designed to address the growing need for sustainability, compliance, and performance optimization in the battery industry, the platform MOBIUS+ aims to revolutionize the way batteries are managed from production to recycling, the company said in a statement.

21.01 / 08:39

markets Target FIVE Manufacturing Mobile show Can two-wheelers stay on the pedal in 2025?

Subscribe to enjoy similar stories. At first glance, a 54% month-on-month drop in sales is alarming in a sector targeting individual consumers. But, seen in totality, marked drop-offs in December are par for the course for the Indian two-wheeler sector.

21.01 / 02:03

UPS Manufacturing Airlines reports Courts International Twist in Go First insolvency: Busy Bee Airways challenges liquidation

Subscribe to enjoy similar stories. In an unexpected turn of events in the Go First insolvency case, Busy Bee Airways Private Limited, a previous bidder for the airline, has filed a plea against the National Company Law Tribunal (NCLT).

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