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ONGC to undertake 1.75 MMT strategic oil reserve expansion at Mangaluru
ONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's energy security network. India is strengthening its reserves after recent global supply chain disruptions. Additional SPR facilities are also being developed in Odisha and Karnataka. This increases India's total oil storage capacity to approximately seventy-four days.
Premier Energies commissions 5.6 GW solar module plant in Telangana
Premier Energies commissioned a significant 5.6 GW solar module facility in Telangana. The company also began construction for a 6 GWh battery storage system. This expansion increases Premier Energies' module manufacturing capacity to 11.1 GW. These new projects aim to strengthen India's clean-energy ecosystem and supply chain. The company is also investing heavily to become an integrated solar manufacturer.
Taiwan central bank chief warns of AI bubble risk
Taiwan's central bank governor warns of an AI bubble risk from over-leveraged tech firms, despite real growth and Taiwan's key role in the AI supply chain.
NITI Aayog holds stakeholder consultation on critical mineral demand, supply chain security amid rising clean energy needs
NITI Aayog convened experts to assess India's future critical mineral needs. Discussions focused on demand, supply chain vulnerabilities, and domestic capabilities. India's clean energy and advanced manufacturing expansion will drive mineral demand. The nation faces import dependency, requiring supply source diversification and domestic value chains. These efforts aim to secure long-term economic and national security objectives.
Apple Doubles Down On US Chipmaking With $30 Billion Broadcom Investment
Tim Cook said the Broadcom deal strengthens Apple's end-to-end US silicon supply chain.
Amazon Seller Services leases over 4.17 lakh sq ft warehouse in Bhiwandi near Mumbai
Amazon India has taken a warehousing facility in Bhiwandi through a long-term lease, set for nine years beginning June 2026. The financial commitment involves a monthly rent exceeding Rs 1.27 crore. This strategic move highlights Amazon's commitment to enhancing its logistics infrastructure and fortifying its supply chain.
Pidilite sees stable demand in FY27, raises concerns over higher input costs
Pidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising input costs and supply chain disruptions pose significant concerns for the company. The West Asia conflict has driven up prices of key raw materials like Vinyl Acetate Monomer. Despite these challenges, the company achieved improved volume growth in FY25-26.
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Adani's Kutch Copper secures LME registration for 'Adani Copper' Grade A cathodes
Kutch Copper Ltd has achieved London Metal Exchange registration for its copper cathodes. This approval allows 'Adani Copper' to be delivered against LME copper futures contracts. The certification validates Kutch Copper's manufacturing excellence and responsible sourcing practices. This milestone strengthens India's role in the global refined copper supply chain. Adani Copper cathodes will be eligible for issuance against LME contracts from July 10.
India's Semicon 2.0: Government expands incentives for semiconductor ecosystem beyond fabrication
India is finalizing Semicon 2.0, expanding incentives beyond chip fabrication. This new phase will support the entire semiconductor value chain. It will also strengthen incentives for chip design startups and material suppliers. Building a domestic supply chain is central to India's semiconductor strategy. This initiative aims to reduce import dependence and enhance resilience.
Explained: Why SK Hynix's record $29 billion NASDAQ listing matters for the AI boom
SK Hynix's planned NASDAQ ADR sale is more than a record-breaking capital raise. It reflects the growing importance of high-bandwidth memory (HBM) chips, which have become essential for training and running artificial intelligence models. The US listing is expected to broaden the company's investor base, support future expansion and strengthen its position in the global AI supply chain. The move could also pave the way for more Asian semiconductor companies to tap US capital markets as AI infrastructure spending continues to accelerate.
JSW MG Motor to raise Windsor EV localisation above 70%, aims for double-digit growth
JSW MG Motor India aims to boost the localization of its popular Windsor EV to over 70% to mitigate supply chain issues. This strategic move supports the company's ambition for double-digit overall sales growth by 2026. The Windsor, a key growth driver, has achieved over 75,000 cumulative wholesales since its launch, demonstrating strong appeal to Indian car buyers across various markets.