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EV Battery prices drop 10% in August amidst dampened demand
As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more
Responsive Industries' shares soar 20% on Indian Railways contract win
This remarkable surge was attributed to the company securing a significant contract from the Indian Railways for the 'Garib Rath' initiative.Read more
Panasonic elevates India as key export hub and targets market expansion
In a substantial move, the company is injecting Rs 300 crores into expanding its Sri City facility, inaugurated in April 2022.Read more
Green Hydrogen: A game-changer in the clean energy landscape
Global collaboration on the production and supply of green hydrogen is expected to be a key topic at the G-20 summit in New Delhi this week.Read more
ICRA Reports: Regulatory changes may raise commercial vehicle prices by 10-12%
ICRA emphasized that the commercial vehicle (CV) sector within the Indian automotive industry is of particular concern, as it contributes significantly to vehicular emissions in the country.Read more
Sweden’s Munters acquires ZECO to strengthens its market position in India
ZECO will provide Munters with a strong platform to expand its dehumidification offering in the Indian market. Read more
Asia's export powerhouses face manufacturing slump amidst weak demand
According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more
Factor automation, medical, traffic control are our target market in India
Taiwan-based DFI is a global provider of high-performance computing technology across multiple embedded industries. Currently supplying to the companies like Tata Group, and VVDN Technologies, DFI is looking to expand its operations in India and aims at establishing an office in India, shares Charlie Yang, Senior Director, Sales Centre, DFI in this interview with Ayushi Khandelwal.Read more
Vipul Organics Q-o-Q PAT up 42.06 % in Q1 FY24
Vipul Organics announces Q1 results for FY 2023-2024, Q-o-Q PAT up 42.06 per cent on standalone basis; up 76.49 per cent on consolidated basis.Read more
Elgi Equipments announces PAT for first quarter, FY24 at Rs 60.5 crore
Consolidated sales for the first quarter was Rs 724 crore as against Rs 694 crore in the corresponding quarter in 2022-23.Read more