Manufacturing PMI Boosts to 54.9 in Feb
The Indian manufacturing sector further expanded in February, with the sector’s manufacturing Purchasing Managers’ Index (PMI) increasing to 54.9 in February from 54 in January....
Tag : Manufacturing
India’s GDP Grows 20.1% in June Quarter of FY22
India’s economy grew in the June quarter occurred due to the low base of the record contraction and a strong recovery in manufacturing and construction....
Hind Rectifiers Zooms 37% in 2 Days
Hind Rectifiers Ltd Shares hit a 52-week high of Rs 209.90 as they rallied 13 per cent on the National Stock Exchange (NSE) in intra-day...
Manufacturing Activity Eases Marginally in Feb, PMI at 57.5
Manufacturing activity in India eased marginally in February and employment decreased further amid the Covid-19 restrictions, a private survey showed Monday. The IHS Markit India...
Blue Ashva Capital Raises $60 Mn for Maiden Fund
Blue Ashva Capital, an investment firm focused on SMEs and startups, said it has raised Rs 454 crore (approximately $60 million) for the initial close of its...
Retail Sales of Passenger Vehicles Plunge 87% in May
Retail sales of passenger vehicles declined a massive 87 per cent year-on-year to 30,749 units in May due to the covid-19 pandemic and subsequent lockdown...
Aurobindo Pharma Gets VAI Classification From USFDA
Aurobindo Pharma said the US health regulator has decided that the inspection classification of company’s injectable formulation manufacturing facility at Hyderabad is voluntary action...
Tech Mahindra, IBM Tie Up to Set up Innovation Centres
To boost digital transformation and encourage adoption of more cloud-based technologies among its global customers, Tech Mahindra has decided to set up innovation centres...
GMR group to set up defense manufacturing hub in Tamil Nadu
GMR Group, will set up an aerospace and defense manufacturing hub in Hosur, to promote production of defense equipment in the region. The project is...
Woodland to invest Rs.40 crore in upgrading manufacturing capacity
Woodland is considering to increase its manufacturing capacity by 30% and will be investing approx Rs.40 crore for the same. Harkirat Singh, Managing Director, Woodland...