Manufacturing Financial News

22.12 / 15:55
Manufacturing CEO Software Highways Death social 'You can manufacture safe cars, but India...': Bengaluru IT firm CEO's death after container truck falls on Volvo SUV sparks debate online
The victims were Chandram Yegapagol, 48, the MD and CEO of IAST Software Solutions Private Limited, his wife Gaurabai, 42, their 16-year-old son Gyan, daughter Deeksha, 12, Yegapagol's sister-in-law Vijayalakshmi, 36, and her six-year-old daughter Arya, according to ToI. Yegapagol and the others were heading to their hometown Sangli in Maharashtra in their new Volvo XC90 SUV, when the horrific accident happened around 11 am near Tippagondanahalli on the B'luru-Tumakuru stretch of the highway. «Chandram was driving responsibly and was not at fault,» police told ToI.
22.12 / 13:57
markets UPS Manufacturing wellness Trade band performer Bullrun, bullshit and other market lessons of 2024
Subscribe to enjoy similar stories. New Delhi: "If everything on earth were rational, nothing would happen."—Fyodor Dostoevsky Time: 5.30 pm, early May Place: Pitampura, north-west Delhi People wait anxiously in front of a roadside food cart. The long, long queue spills over from the pavement onto the street, leaving bikes, cars, cows and canines jostling for space on the narrow road.
22.12 / 11:49
UPS Manufacturing Racing security Research country The unlikely ingredient that could end US dependence on Chinese batteries
Subscribe to enjoy similar stories. The U.S. and China are in a high-stakes race, with the energy security of America and its allies hanging in the balance.
22.12 / 11:49
COST UPS Target Manufacturing Mobile economy innovations CAFE comfort: New fuel efficiency norms can speed up clean mobility in India
Subscribe to enjoy similar stories. India recently surpassed 5 million electric vehicles (EVs) on its roads. As 2024 draws to a close, we have a milestone to celebrate and a better growth trajectory to anticipate in 2025.
22.12 / 10:35
markets Manufacturing Strategy Software awards trends evacuation VOC Port earmarks Rs 41,860 cr to position itself as Green Hydrogen hub of India
cargo handling this year. V O Chidambaranar Port has handled a cargo volume of 29.70 million tonnes including 5.62 lakh TEUs of containers till December 19, 2024 this is an overall growth of 1.87 per cent and 6.74 per cent, respectively. «With the ever-increasing trend in cargo handling, the Port has initiated several strategic capacity augmentation and cargo evacuation initiatives to increase cargo throughput, enhance handling efficiency and expand its market share in the region,» a press release said on Sunday.
22.12 / 10:11
markets Progressive Manufacturing Strategy pandemic War International America’s chip war with China will spread
Subscribe to enjoy similar stories. In the continuing chip war between Washington and Beijing, the U.S. has the clear upper hand on the most cutting-edge technology.
22.12 / 07:57
markets Manufacturing economy Research President War country Get geo-savvy: Let’s use today’s geopolitical chaos to uplift India’s economy
Subscribe to enjoy similar stories. Chaos isn’t a pit. Chaos is a ladder. Many who try to climb it fail and never get to try again. The fall breaks them. And some are given a chance to climb. They refuse, they cling to the realm or the gods or love. Illusions. Only the ladder is real. The climb is all there is.—Petyr ‘Littlefinger’ Baelish The previous part of this article discussed how many economic miracles have been midwifed amid the chaos of global geopolitics.
22.12 / 06:23
COST Manufacturing Mobile Research wellness reports testing India’s apex auto testing body looks to accelerate to the green lane
Subscribe to enjoy similar stories. New Delhi: India’s primary vehicle research and testing body plans to expand facilities that are focused on so-called new energy vehicles, seeking to keep pace with the government’s rapidly accelerating green mobility drive. The Automotive Research Association of India (ARAI) will focus on electric and hydrogen-based powertrains or engines as well as research on vehicular emissions, according to two government officials, who declined to be identified.
22.12 / 01:11
markets UPS Manufacturing Strategy Software Research Online Streaming: New rejuvenation drug for tablets
tablets have gone up this year by 4% driven by the consumer segment as people started buying it as an entertainment device for streaming content, as per latest Counterpoint Research data.. In the consumer segment specifically, researcher IDC India said the segment grew by 2% yoy in 2023 after a 2% yoy decline in 2022. This year, IDC said there will be a 20% yoy growth in consumer segment. «Tablets are seeing a renewed interest from consumers mainly as an entertainment device for consuming OTT content,» said Lenovo India managing director Shailendra Katyal. «The commercial demand has come down drastically from the Covid peaks. Manufacturers are updating their consumer tablet line up with larger screen and better audio.»
21.12 / 05:09
markets Manufacturing Google Software Browser innovations Courts Google offers to loosen search deals in US antitrust case remedy
The proposal is much narrower than the government's push to make Google sell its Chrome browser, which Google called a drastic attempt to intervene in the search market. Google urged U.S. District Judge Amit Mehta in Washington to move cautiously in deciding what the company must do to restore competition, after his ruling that the company holds an illegal monopoly in online search and related advertising. Courts have cautioned against imposing antitrust remedies that chill innovation, Google said in court papers.
21.12 / 02:35
COST Cooper Manufacturing Volkswagen Sustainability Golf VW wage deal for 120,000 German workers avoids layoffs, plant closures
Volkswagen’s employee representatives say they have reached a wage deal
20.12 / 15:31
markets Manufacturing Strategy Sustainability Trade SLB IFC anchors first sustainability-linked bond issued by NDR InvIT Trust to bolster green warehousing
This SLB invested in domestic local currency is the first by a warehousing InvIT in India. The funding aims to support the expansion of NDR InvIT’s warehousing operations, enhance infrastructure quality, and promote sustainable practices. It will also facilitate EDGE Certification — an international green building certification system by IFC — of existing in use facilities, reduce greenhouse gas emissions and lower water consumption.
20.12 / 14:43
markets Citi Manufacturing Software awards Pride 2020 Isuzu Motors reaches 1 lakh vehicle milestone in Chennai
Isuzu Motors has reached a production milestone by rolling out one lakh vehicles from its manufacturing facility near Chennai, the company said on Friday. A maroon Isuzu D-MAX V-Cross was rolled off the assembly line, marking the occasion at the facility located in Sri City, Tada, about 100 km east of Chennai. Isuzu Motors India began operations in 2016 and, in 2020, launched its phase-II operations with the inauguration of a state-of-the-art press shop facility and an engine assembly plant. «At Isuzu Motors India, we take immense pride in our journey here in India. Over the years, the company has achieved significant milestones in both production and exports. One key highlight is that about 22 per cent of our production line workforce comprises talented women,» company president and managing director Rajesh Mittal said.
20.12 / 10:53
markets UPS Digital Manufacturing Software Food President Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant
Haldiram Snack, a leading player in the packaged food industry, will invest Rs 300 crore in Bihar to set up a manufacturing unit, said a company official here on Friday. The company, which manufactures sweets, namkeen, bhujia, snacks and other food items, has signed an MoU (memorandum of understanding) with the Bihar government to make an investment of Rs 300 crore, said its Vice President Sanjay Singhania. «We are setting up a manufacturing plant for sweets, namkeens and snacks in Bihar. We will be investing Rs 300 crore,» Haldiram Snacks Pvt Ltd Vice President Sanjay Singhania told PTI on the sidelines of Bihar Business Connect 2024. The Agarwal family-promoted company has acquired a 12-acre land at Sikanderpur in Bihta to set up this plant.
20.12 / 07:51
markets UPS IPO Manufacturing security Trade Pharmaceuticals Amansa Investment invests Rs 40 crore in Standard Glass Lining Technology IPO via private placement
Standard Glass Lining Technology, a manufacturer of specialized engineering equipment for the pharmaceutical and chemical industries, has secured Rs 40 crore through pre-IPO funding via private placement from Amansa Investments. As per the company’s public announcement on December 17, 2024, it issued 28,57,142 equity shares to Amansa Investments at a price of Rs 140 per share (including a premium of Rs 130), in consultation with the lead bankers.
20.12 / 06:15
markets IPO Provident Manufacturing Trade Experts band Mamata Machinery IPO subscribed over 22 times on Day 2 so far. Check GMP, review and other details
As of 11:10 am, the retail investors had subscribed to the issue by 31.7 times, which was followed by subscriptions from the non-institutional investors (NIIs), who subscribed to the issue by 27 times.
20.12 / 03:07
markets IPO Manufacturing Analysis Trade Experts band Carraro India IPO opens today. Check key dates, price band, GMP and review
IPO) of Carraro India will open for subscription today. The Rs 1250 crore issue, which is entirely an offer for sale of 1.77 shares, will be available for bidding till December 24. Since the IPO is completely an OFS, the proceeds from the offer will go to the selling shareholders.
20.12 / 00:43
UPS Manufacturing Sustainability Food country information stars Govt developing Repairability Index for consumer durable goods: Minister Joshi
Subscribe to enjoy similar stories. New Delhi: The consumer affairs ministry is developing a Repairability Index for consumer durables on the lines of star-rating system used for evaluating the energy efficiency of electrical appliances, Union minister for consumer affairs, food and public distribution Pralhad Joshi said.
20.12 / 00:43
UPS Manufacturing Gap Trade show Mint Primer: How India’s trade gap soared, and how it might hurt
Subscribe to enjoy similar stories. India’s gold imports jumped fourfold to nearly $15 billion in November, powering a 27% surge in goods imports. At the same time, exports fell 4.9%.

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