lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/wait-times-for-chip-deliveries-grow-again-as-shortages-persist/articleshow/90163943.cms Synopsis The scarcity of chips has held back production of everything from smartphones to pickup trucks, leading to billions in lost revenue and
Category: Industry
New solar PLI scheme to cap bidding capacity at 10 Gw for past winners | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-solar-pli-scheme-to-cap-bidding-capacity-at-10-gw-for-past-winners-122031001352_1.html The minimum Local Value Addition (LVA) or use of local content for participating manufacturers kept at 90% The new round of the production
Vedanta, Welspun among 29 bidders in fray for Mittal Corp – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/vedanta-welspun-among-29-bidders-in-fray-for-mittal-corp/articleshow/90138860.cms Synopsis In 2016, lenders had attempted to sell the company to a strategic buyer by converting its debt into 51% equity under the
Corporate hospitals chart out plans for expansion via brownfield route | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/corporate-hospitals-chart-out-plans-for-expansion-via-brownfield-route-122030701598_1.html The focus on brownfield expansion and sprucing up existing hospitals is because this requires less investment Some corporate hospitals like Manipal Hospitals, however,
Paint stocks lose their colour – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/paint-stocks-lose-their-colour/article65202772.ece Cost of titanium dioxide, a keyraw material, islikely to surge Shares of paint companies tanked as the steady rise in crude oil is
Hotels body pushes for infra status – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/hotels-body-pushes-for-infra-status/article65202798.ece According infra status will help the sector access funds at improved rates, says Association Hotel Association of India (HAI), the apex body of
Govt re-opens application window – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/govt-re-opens-application-window/article65202803.ece Prospective investors get another chance to apply between March 10 and Apr 25 The government has reopened the application window for the Production
Coal policy tweak to arrest price distortions evokes mixed reaction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/coal-policy-tweak-to-arrest-price-distortions-evokes-mixed-reaction/article65202793.ece The Union Cabinet gave its nod to a proposal that allowed common e-auction window for coal companies to sell the commodity. RAO GN
Govt may extend incentives to solar PV ancillary units – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/govt-may-extend-incentives-to-solar-pv-ancillary-units/article65202797.ece MNRE mootsfast-tracking of award of capacities under PLI scheme In a bid to further increase the share of domestic manufacturing in solar photovoltaic
Rising input costs to weigh on steel companies’ profit margin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/rising-input-costs-to-weigh-on-steel-companies-profit-margin/article65202789.ece Many steel companies have revived their capex cycle to improve their profitability Niteenrk | Photo Credit: Niteenrk Russia key coal, nickel producer; coking
Paint stocks crumble on crude oil price rally – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/paint-stocks-crumble-on-crude-oil-price-rally/article65201636.ece The key raw material cost of titanium dioxide is likely shoot up with the rising crude oil prices. Shares of paint companies led
Demand recovery crucial to fill up cracks in cement sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demand-recovery-crucial-to-fill-up-cracks-in-cement-sector-122021601192_1.html Dec qtr results were disappointing as costs escalated and volumes came under pressure The cement industry presents an intriguing picture. The Q3 (Oct-Dec 2021) saw
Nip solar tariff pooling in the bud – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/nip-solar-tariff-pooling-in-the-bud/2444080/ The solution to the problems arising from falling solar input costs isn’t imposing an average tariff. Rather, it is compelling states to respect
Russian sanctions: Steel-makers hike prices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/russian-sanctions-steel-makers-hike-prices/article65191680.ece Steel demand remains weak as many end-users cut down purchases; dealers are stocking cautiously Supplies expected to be hit globally; hot-rolled coils hit
India’s tea industry is on tenterhooks as Russia wages war on Ukraine | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-tea-industry-is-on-tenterhooks-as-russia-wages-war-on-ukraine-122030401412_1.html Russia accounts for 18 per cent of the industry’s exports and the consequences of the conflict are making themselves felt already One of
Spike in crude oil prices takes away the gloss from paint companies’ shares | Business Standard News
lipped from: https://www.business-standard.com/article/companies/spike-in-crude-oil-prices-takes-away-the-gloss-from-paint-companies-122030401303_1.html Margins could be badly impacted, while weak demand across segments could disrupt top lines The paints industry has seen margins crunched by the spike in crude
Used-car sales zoom on growing demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/used-car-sales-zoom-on-growing-demand/article65184128.ece Affordability and easy availability attract customers The uptick in passenger vehicle sales in recent months has had a domino effect on the used
Russia delinked: Container lines stop bookings as sanctions bite – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/russia-delinked-container-lines-stop-bookings-as-sanctions-bite/article65185246.ece Cargo owners, shippers have been asked to decide if destination needs to be changed or cargo returned to port of loading | Photo
Crushed by a slew of problems, paper industry struggles for survival – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/crushed-by-a-slew-of-problems-paper-industry-struggles-for-survival/article65185143.ece Prices of pulp and wastepaper have increased sharply since the onset of the pandemic | Photo Credit: R_VIMAL KUMAR Faces crisis on raw
Two-wheeler sales skid 25% in February amid poor demand, chip shortage | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/two-wheelers-skid-25-in-february-amid-poor-demand-chip-shortage-122030200979_1.html Likely spike in fuel costs following soaring crude prices could delay recovery in the world’s largest market for scooters and motorcycles, said analysts