Russian manufacturing contraction eases but VAT hike fuels inflation, PMI shows Source link
At a time when India is gearing up for the Olympics 2036 bid, sports industry garnered the spotlight in the Union Budget 2026-2027. The Centre has for the first time made an allocation of ₹500 crore dedicated to promotion of sports goods manufacturing, while also hiking the overall budget allocation for the Sports and Youth […]
Eli Lilly Chairman and CEO Dave Ricks joins ‘Mornings with Maria’ to discuss his meeting with President Donald Trump, the president signing an executive order to boost U.S. drug manufacturing and breaking ground on their $4.5 billion foundry. Tens of thousands of bottles of cholesterol medication have been recalled nationwide. Zydus Pharmaceuticals (USA) Inc. and […]
The Transport Committee has called on the Government to seize “once-in-a-generation” opportunities to secure the future skills pipeline for the UK’s transport manufacturing sector, amid mounting shortages and the rapid shift to cleaner technologies. In a new report published today, MPs warn that manufacturers across aerospace, automotive, rail and maritime industries are struggling to access […]
It is a curious paradox. Even as India’s smartphone market clocks new shipment milestones quarter after quarter, helped in no small measure by a rapidly expanding local manufacturing base, the absence of strong homegrown brands on the market share charts remains glaring. Lava remains the lone outlier, even as phone brands including Karbonn have realigned […]
India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]
Nvidia Corp. is working with Hon Hai Precision Industry Co. (Foxconn) to bring AI to the factory floor and manufacturing, CEO Jensen Huang’s son Spencer Huang said on Friday. Spencer works as a product line manager at Nvidia’s leading robotics product. Signage at the Foxconn Technology Co. battery cell plant in Kaohsiung, Taiwan (Bloomberg) Earlier, […]
Larsen & Toubro Ltd. (L&T) is weighing the Tata playbook to explore an entry into electronics manufacturing in India, as the country’s largest engineering firm eyes diversification — from mega projects to small components. Larsen & Toubro Chairman S.N. Subrahmanyan. L&T is likely to focus on making components for devices and not the device itself—at […]
Tech Mahindra Ltd. delivered on its key financials in the fiscal second quarter, aided by strength in its banking and manufacturing verticals, even as impact of US tariffs loomed. Tech Mahindra has announced an interim dividend of ₹15/share. (Reuters) Consolidated revenue of the Mahindra Group company rose 4.8% over the previous three months to ₹13,995 […]