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The euro areas manufacturing sector fell deeper into contraction territory during September, latest PMI data from S&P Global showed, due to further slides in both output and new orders. In some cases, production volumes were reduced in response to high energy prices, while many firms downwardly adjusted their operating schedules in line with lower order books. Demand for eurozone goods sank sharply in September as […]

Lowe’s CEO Marvin Ellison: Technology and India Are Critical in Journey to USD 100 Billion Company

The health of Germanys manufacturing sector took a further turn for the worse in September, latest PMI? survey data showed, with the downturn in new orders deepening and soaring energy prices driving up the rate of input cost inflation. The headline seasonally adjusted S&P Global / BME Germany Manufacturing Purchasing Managers Index (PMI) – a single figure measure of sector performance derived from measures of […]

Record date is 11 October 2022

The domestic equity benchmarks ended with deep cuts after a volatile session on Monday. Negative global cues dampened the investors sentiment. The Nifty closed below the 16,900 mark. after hitting days high at 17,114.65 in the early trade. Metals, autos and bank stocks led the losses while pharma and healthcare stocks managed to end in the green. As per provisional closing data, the barometer index, […]

He has over 35+ years of rich functional experience in the manufacturing domain of Bulk Drugs, Intermediate and API with a "Safety First, Quality Must and EBIDTA Growth" mindset.

Nifty Metal index ended down 3.02% at 5593.95 today. The index is down 5.00% over last one month. Among the constituents, Adani Enterprises Ltd slipped 8.64%, National Aluminium Company Ltd fell 3.72% and Welspun Corp Ltd shed 3.70%. The Nifty Metal index is down 1.00% over last one year compared to the 3.68% decline in benchmark Nifty 50 index. In other indices, Nifty PSU Bank […]

Wardwizard Innovations & Mobility said that it had sold 4,261 units of electric two wheelers in September 2022, registering a growth of 70% on YoY basis.

Profit booking took place after the rise of Friday

Mahindra & Mahindra (M&M) said that the companys overall automotive business recorded its highest overall monthly sales of 64,486 vehicles in September 2022, with a growth of 129% over previous year.