Manufacturing Financial News

Subscribe to enjoy similar stories. Rajiv, an entrepreneur who runs a mid-sized manufacturing unit in Pune, enjoyed the rewards of his hard work—expanding operations, lucrative contracts, and a growing personal wealth portfolio. Yet, a market downturn and an unforeseen lawsuit exposed cracks in his financial foundation.

CEAT and FMCG major Hindustan Unilever Ltd have joined the Global Lighthouse Network of the World Economic Forum for transforming manufacturing through innovation. Announcing 17 new members to the network, the WEF on Tuesday said this community of 189 industry leaders is pioneering the use of cutting-edge Fourth Industrial Revolution technologies in manufacturing.

strategic growth investment in Dhoot Transmission Group (Dhoot), a leading manufacturer of automotive components.

Subscribe to enjoy similar stories. Donald Trump kicked off a new era of Western economic rivalry with Beijing when he took office in 2017. As he prepares for his second term, China’s dominance of global manufacturing is greater than ever.

A day after the federal government announced that its rebate program to lower the cost of electric vehicles had run out of funding, the auto sector is banding together to renew its calls to eliminate EV sales mandates.

Welspun Corp Ltd on Wednesday said it has signed a pact with Saudi Aramco to establish a Longitudinal Submerged Arc Welded (LSAW) line pipe manufacturing facility in Saudi Arabia. The facility, located in Dammam 3rd Industrial City, will have an annual production capacity of 350,000 MT and is expected to commence operations by mid-2026, the company said in a statement.

Subscribe to enjoy similar stories. New Delhi: The ministry of heavy industries (MHI) is preparing a concept note to garner support for a scheme to promote domestic manufacturing of battery components, MHI joint secretary Vijay Mittal said. “The ministry is currently developing a concept note aimed at bringing policymakers together to agree on specific schemes that will support the manufacturing of components.

Lithium-ion batteries manufacturer the International Battery Company (IBC) is set to commence production at its 'Giga Factory Unit' in Bengaluru within nine months, Karnataka's Minister for Large and Medium Industries, M B Patil said on Wednesday. The project, with an investment of Rs 390 crore, is expected to generate 300 direct employment opportunities, he said.

manufacturing inflation, according to a report by ICICI Bank.

Premier Energies are expected to remain in focus on Wednesday, January 15, after the company informed that it has won multiple orders amounting to Rs 1,460 crore from two Independent Power Producers (IPPs) and others. “In accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have received and accepted multiple orders aggregating to Rs 1,460 crore from two large Independent Power Producers (IPPs) and others,” the company stated in its exchange filing.

Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a factory workers' strike, according to data released Tuesday.

electric vehicle for their next purchase, although 60 per cent of them considered charging infrastructure as a major challenge, according to a study. The global study by Tata Consultancy Services surveyed over 1,300 anonymous respondents across USA, Canada, UK, Ireland, Belgium, Denmark, Finland, France, Germany, Netherlands, Norway, Sweden, Switzerland, China, India, Japan, Australia and New Zealand, found that 56 per cent of them were ready to pay up to USD 40,000 (nearly Rs 35 lakh) for an electric vehicle (EV).

commerce ministry is likely to seek further extension of the interest equalisation scheme in the forthcoming Budget on pre- and post-shipment rupee export credit for another five years to promote the country's outbound shipments, an official said. The scheme ended on December 31 last year.

Subscribe to enjoy similar stories. Which countries should shell out more to save the planet? That is one of the big questions being asked at COP29, the UN’s climate summit in Baku this month. A common answer is China, which Westerners accuse of contributing too little to efforts aimed at helping poor countries cope with climate change.

H-1B visa program has become a critical pillar for sustaining economic growth and innovation. With a predicted shortfall of 1.2 million tech workers by 2026 and nearly 1.9 million manufacturing jobs expected to remain unfilled by 2033, experts warn that reducing or eliminating H-1B visas could exacerbate these challenges.

N Jayakumar, MD, Prime Securities, says despite ongoing market challenges, financials are the best investment option for the next rally. Additionally, the dollar-rupee exchange rate will benefit the pharmaceutical sector, particularly generics and exports. The IT sector may also see gains, with some benefits reaching consumers. Moreover, India's manufacturing and Production-Linked Incentive (PLI) initiatives will attract investment alongside financials. For a market where bulls were looking immortal, they are running for cover now. At the beginning of the year, the general narrative was that we are in for a good year. Now everyone is guessing what is coming next. What is your view on what lies ahead for us? N Jayakumar: The way I see this is that complacency had set in in a pretty major way and we saw that the last six months gave virtually no returns. Indices did not fall by more than 8-10% and yet portfolios were down 15% and 20%. Individual stocks were down up to 30-35%. Complacency had settled, people said it is a buy on dips. Now that particular thesis, in a sense, got challenged with this most recent correction. In the last few days, especially the last three-four days, I have seen all around capitulation coming through.

Subscribe to enjoy similar stories. As India strengthens its strategic position amid evolving global security dynamics, the nation's defence sector stands at a pivotal moment in 2025. The defence ministry has recently declared that 2025 will be the ‘year of reforms’ for Indian defence, suggesting that there could be massive changes in the sector, simpler procurement, and much more.

workplace experiences on Reddit, contrasting the management styles of Indian managers with their American and Canadian counterparts. Reflecting on his career, he recounted working for a Canadian company under two female supervisors—one Canadian and the other American—before being assigned an Indian manager in the US.