Manufacturing Financial News

Tata Technologies, Reliance Power, Cipla, Vodafone Idea, Vedanta among others will be in focus due to various news developments. Tata Technologies, I-Pru Life, Indiamart Shares of Tata Technologies, I-Pru Life and Indiamart will be in focus as the companies will announce their third quarter results today.

Subscribe to enjoy similar stories. As Donald Trump starts his second innings as US president, the world waits with bated breath—and nervously—to see if he will translate his disruptive campaign ideas into action. Mint looks at how his policies could play out for the world’s largest democracy.

Tamil Nadu has the potential to become the deeptech capital of India-or even the world-through strategic policies to promote skill development and boost foreign investments and global partnerships, officials and industry leaders said during a panel discussion at the World Economic Forum on Monday.

chief economic advisor (CEA) V Anantha Nageswaran said on Monday, making a case for drastic deregulations.

Subscribe to enjoy similar stories. Chennai: The most recent dream run for poly vinyl chloride (PVC) and steel manufacturers in India, ironically, coincided with the pandemic. Global supply lines were disrupted, imports dropped, and domestic prices rose sharply.

Hexaware Technologies filed its DRHP in September last year and plans to raise Rs 9,950 crore through the IPO, which will entirely be an offer for sale from CA Magnum Holdings, an affiliate of private equity firm Carlyle Group.

Chinese investments in the U.S. have dramatically declined since Donald Trump's first term. This trend is unlikely to reverse as Trump returns to the White House, analysts said.

Subscribe to enjoy similar stories. China dominates the global market for the small, inexpensive drones that have transformed the world’s battlefields—and Beijing hasn’t been shy about keeping the industry under its thumb. For U.S.

Barflex Polyfilms IPO received strong response from investors, the shares will debut on the NSE SME platform on Monday. Going by the GMP trends, investors are likely to see moderate returns. The current GMP ahead of the listing is at Rs 13. Compared with the issue price of Rs 60, this will be a premium of 21% over the issue price.

Subscribe to enjoy similar stories. Indian equities are “not overly expensive, contrary to market consensus relying on traditional valuation metrics", according to Ben Powell of BlackRock Investment Institute. While India's large-cap stocks trade at 23 times their forward earnings, above historical averages, “we think this high P/E ratio reflects strong growth prospects", said Powell, chief Middle East, and APAC investment strategist at the research arm of the world's largest asset manager.

Subscribe to enjoy similar stories. A federal policy to encourage battery swapping for electric vehicles may go on the backburner, two people aware of the matter said, in the backdrop of industry fears that forcing common standards is not practical and will hurt innovation. Swapping drained batteries for new ones is seen as an idea to encourage the adoption of electric vehicles, since batteries take much longer to charge than filling up at a fuel station.

BFSI) and rupee depreciation in a seasonally weak third quarter (Q3) of the financial year has brightened prospects for India's $254 billion outsourcing industry. This, along with growing momentum for artificial intelligence (AI) adoption across enterprises, has put growth in core markets on track for 2025. Top six software service providers, reporting earnings over the past two weeks, have witnessed revival in the key regions and business verticals of North America and BFSI, with at least three companies — Infosys, HCLTech and Wipro — upgrading guidance, although manufacturing continues to be soft in Europe. «The December 2024 quarter earnings of major Indian service providers — Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro and TechM — indicated signs of recovery, though the current growth and margins performance was tepid,» said Prashant Shukla, vice president at Everest Group.

Budget 2025: The electronics industry, one of India’s largest export sectors, is hoping for major reforms in the upcoming Union Budget. With nearly all mobile phones sold in India now made locally, electronics manufacturing output reached $115 billion in FY24, with $29 billion coming from exports. The industry has set an ambitious target of achieving $500 billion in output by 2030.

ease of doing business into «an unease of doing business».

Subscribe to enjoy similar stories. The House of Rose, the jewellery maison, has unveiled its flagship destination in the historic Ballard Estate of Mumbai. The space houses experience spaces for international luxury watches (they have limited edition watches by Chopard and Franck Muller designed just for the Rose brand) and jewellery brands, along with a bar and a fine-dining room that can serve as a space for a pop-up or a curated dinner meet.

India Budget: The government could reduce customs duty on inputs used in manufacturing medical equipment, electronic goods and footwear industries in the forthcoming Budget to boost local manufacturing, according to tax experts. Deloitte India Partner, Indirect Tax, Harpreet Singh said key demands from the Customs side from the 2025-26 Budget, to be tabled in Parliament on February 1, would be rate rationalisation, simplification of the regime, and litigation and dispute management.

capital markets regulator Sebi seeking its approval to float an initial public offering (IPO). The IPO is entirely an Offer-for-Sale (OFS) of up to 5.33 crore equity shares by promoter Nitesh Gupta, according to the draft red herring prospectus (DRHP). At present, promoters hold 100 per cent stake in the company.

ease of doing business to «unease in doing business». Ahead of the Union Budget, the opposition party said that to fix this, the upcoming budget must eliminate «raid raj and tax terrorism».