Manufacturing Sluggish, Input Costs at 44-Month High
India's manufacturing sector saw sluggish growth in November, with input costs surging to a 44-month high, according to HSBC PMI data. Output and new orders rose at slower rates.
Category : Industry
Chola Aims to Double AUM to Rs 4.8 Lakh Crore in 3-5 Years
Cholamandalam Investment and Finance Company plans to double its AUM from Rs 2.4 lakh crore within 3-5 years, driven by diversified products and gold loan expansion.
Gujarat FDI Falls 19% to $4.99 Billion, Third in India
Gujarat attracted $4.99 billion FDI in Apr-Dec 2025, down 19% YoY, ranking third after Maharashtra and Karnataka, with Ahmedabad as top hub.
Bengaluru to raze flyover for new elevated rotary at IOC Junction
Bengaluru is set to demolish the existing flyover at IOC Junction to build a Rs 436-crore elevated rotary flyover, aiming to ease congestion and improve connectivity to Sir M Visvesvaraya Terminal.
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Dhanbad: Tipper truck kills 54-year-old supervisor
A 54-year-old supervisor was allegedly run over by a tipper truck in Dhanbad district. He was declared brought dead at a hospital. Police are investigating.
Railways to Start Weekly Special Trains to Tirupati, Solapur
Indian Railways will introduce two weekly special trains from Anakapalle to Tirupati and Solapur from May 8, addressing overcrowding and serving industrial growth in Anakapalle district.
Belagavi Industries Crisis: LPG Shortage, Rising Costs, Worker Exodus
Manufacturing units in Belagavi's Udyambag Industrial Estate face severe LPG shortage, raw material price hikes, and migrant worker exodus, leading to reduced operations and potential shutdowns.
Jalandhar School Transport Stalls: Low Enrollment, High Costs
Jalandhar schools face transport disruptions due to low student enrollment and high operational costs, forcing many to suspend or limit bus services.
Bullet Train Project Installs 5 Heavy Portal Beams in 22 Days
The Mumbai-Ahmedabad bullet train project achieved a milestone by installing five heavy portal beams over railway tracks in Ahmedabad within 22 days, showcasing engineering efficiency.
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AISATS, Samsung SDS Partner for Noida Airport Cargo Hub
AISATS signed an MoU with Samsung SDS to streamline cargo movement of Samsung products from Noida through the upcoming Multi Modal Cargo Hub at Noida International Airport, enhancing export efficiency.
Highness Microelectronics MoU with Axiom Manufacturing USA
Highness Microelectronics Ltd has signed a strategic alliance MoU with Axiom Manufacturing USA to enhance semiconductor and electronics manufacturing capabilities, aiming to boost innovation and supply chain resilience.
Fashion Future Forward 2.0 at Chitkara University
Chitkara University hosted Fashion Future Forward 2.0, a symposium exploring sustainable, tech-driven fashion trends. Industry experts discussed innovation and career opportunities.
Mitsu Chem Plast Q4 Net Profit Jumps 117.9%
Mitsu Chem Plast Ltd reports stellar Q4 FY26 results with net profit soaring 117.9% and EBITDA rising 72.98%, driven by strong operational performance and cost efficiencies.
IndiGo's Global Sales Chief Vinay Malhotra Quits
Vinay Malhotra, IndiGo's head of global sales, has resigned after serving for over four years. The airline confirmed his departure, citing personal reasons.
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Gold Futures Drop to Rs 1.50 Lakh per 10g on Oil, Dollar
Gold futures fell to Rs 1.50 lakh per 10g on Wednesday, weighed by a surge in oil prices and a stronger dollar. Analysts expect further downside amid rising global uncertainties.
Raven's Chemical-Free Model for Invasive Species Management
Raven Invasive Plant Management pioneers a chemical-free approach to ecological restoration, scaling a model that reframes invasive species management with sustainable, non-toxic methods.
Desco Infratech Completes Major Underground Cable Project
Desco Infratech Limited has successfully completed a significant underground cable infrastructure project for a KP Group company, enhancing power distribution capabilities.
India's Manufacturing PMI Rises to 54.7 in April
India's manufacturing activity recovered mildly in April, with HSBC PMI rising to 54.7. Growth in new orders and output improved but remained slow. Input costs surged due to Middle East conflict.
India Manufacturing Growth Mildly Up in April, Inflation Rises
India's manufacturing PMI showed mild recovery in April, but the Iran war pushed input costs and output charges to multi-month highs, signaling inflationary pressures.
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UFC Gym Opens Premium Fitness Club in Vijayawada
UFC Gym India announces the grand opening of its newest premium fitness club at Benz Circle in Vijayawada, offering world-class training and facilities.
Chabbewal Assures Support for MSMEs, Outlines Govt Initiatives
Punjab Minister Chabbewal assures full support for MSMEs, highlighting government schemes like MSME Databank and single-window clearance to boost industrial growth.
Gas Pipeline Work Delays Trigger Traffic Jams in Pune
Ongoing gas pipeline work on Pune-Solapur Road has reduced carriageway width, causing severe traffic congestion. Commuters and activists criticize slow progress, while officials cite underground utility challenges.
Worker Electrocuted While Operating Power Loom in Namakkal
A 40-year-old power loom worker, M Raja, was electrocuted while operating a machine at a unit in Kumarapalayam, Namakkal district. Despite reporting electric shocks, he continued working and collapsed. Police have registered a case.
Tirupur Yarn Prices Surge ₹41 in Five Months
Yarn prices in Tirupur have risen ₹7 in May, totaling ₹41 in five months, driven by cotton and crude oil costs. Garment manufacturers face pressure.
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Gujarat Healthcare Consolidation Surges with Mergers and Acquisitions
Gujarat's private healthcare sector is witnessing a strong wave of consolidation, with mergers, acquisitions and operational tie-ups accelerating across key cities like Ahmedabad, Vadodara and Surat.
Ludhiana Civic Body Eyes Commercial Property Auction for Revenue
Ludhiana's cash-strapped municipal corporation plans to auction commercial properties across the city to generate funds, targeting Rs 50 crore in the 2026-27 budget.
Nissan India Interview: Strengthening Key Segments
Nissan aims to regain its former top-five position in India by focusing on key segments, leveraging past successes like Micra and Terrano.
Major Fire at Tata Vendor Plant in Ahmedabad's Sanand GIDC
A major fire broke out at a Tata vendor company in Sanand GIDC, Ahmedabad, on Sunday. No injuries were reported, but several plant sections were gutted. Firefighting operations continued for hours.
Tata Power's Skilling Push Drives Solar Manufacturing in TN
Tata Power built a solar facility in Gangaikondan, TN, with extensive local skilling. 80% of shopfloor workers are women, and the plant achieves 55% localisation, targeting 70-75% in 2-3 years.
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Belagavi Hotels Hike Food Prices 7-10% After LPG Surge
Hotel owners in Belagavi have increased food prices by 7% to 10% following a steep hike in commercial LPG cylinder rates, impacting consumers and the hospitality sector.
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