HCL Tech Q2 Results Today: Shares of IT major HCL Technologies remained flat on Monday as the Street awaited the company’s second-quarter earnings, set to be announced after market hours. The stock finished unchanged at Rs 1,494.7 apiece on BSE, halting a gain of 4.3 per cent in the past five sessions. During Monday’s session, the HCL…
Japan’s Kubota Corporation will invest Rs 2,000 crore in Haryana in partnership with Escorts, following a meeting between Chief Minister Nayab Singh Saini and senior company executives at Kubota’s tractor plant in Osaka, reported by ANI. The announcement came during Saini’s official visit to Japan, where he led a high-level state delegation to promote investment…
US pharmaceutical company Eli Lilly and Company will invest more than $1 billion in new contract manufacturing operations in India, with a major manufacturing and quality facility to be established in Hyderabad, reported by ANI. The multi-year investment aims to expand global access to Lilly’s medicines and strengthen its supply capabilities, marking one of the…
Two Indian manufacturers, Laser Power & Infra Ltd (LPIL) and Indo MIM Ltd, filed draft red herring prospectuses (DRHPs) with the markets regulator Securities and Exchange Board of India (Sebi), setting the stage for initial public offerings (IPOs) that together could raise over Rs 2,200 crore. The filings mark the latest wave of industrial and…
PG Electroplast share price today: Shares of PG Electroplast rose 3 per cent to Rs 551 apiece in early trade on Monday after the company announced a major expansion move in Maharashtra. Its wholly owned subsidiary, Next Generation Manufacturers, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to set up a…
India’s manufacturing sector experienced strong growth in FY24 as Gross Value Added (GVA) increased by 11.89 per cent, up from 7.3 per cent in the previous year, according to data from the Annual Survey of Industries (ASI) released on Wednesday. The industrial output of the country rose by 5.80 per cent from April 2023 to…