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Jaishankar Urges BRICS To Step Up Amid A More Fragmented World
External Affairs Minister S. Jaishankar on Thursday called for deeper cooperation within BRICS, saying the grouping has an increasingly important role to play as geopolitical tensions, economic uncertainty and supply-chain disruptions reshape the global landscape.
Closing monitoring effects of West Asia conflict: TVS Motor Company CEO
TVS Motor Company is closely watching the West Asia conflict's impact. The company faces rising commodity prices and supply chain issues. Initiatives are underway to cut costs and improve product mix. May is expected to be better, with strong Q1 growth anticipated, surpassing the industry.
Silicon Road Ventures, Ajay Mahajan launch Rs 150-crore AI-focused startup fund
US venture capital fund Silicon Road Ventures has partnered with former Bank of America India MD Ajay Mahajan to launch a Rs 150-crore alternative investment fund. This fund will invest in early-stage startups developing Agentic AI solutions for B2B commerce technology, focusing on areas like supply chain and fintech.
Global headwinds put electric bike companies on price hike path
Electric two-wheeler companies are feeling the pinch. Rising raw material prices and supply chain issues are impacting profits. Companies like Bajaj Auto, Hero MotoCorp, and Ather Energy are warning of price increases. Demand for AI infrastructure is also affecting the supply of crucial components. Consumers may see higher prices for electric vehicles soon.
Brazil's Embraer names Bharat Forge as supplier for forged raw materials
Brazilian aerospace giant Embraer has signed its first forged raw material supply contract with Indian firm Bharat Forge Limited. This agreement marks a significant step in Embraer's supply chain diversification strategy, aiming to enhance resilience and competitiveness while fostering the Indian aerospace industry's growth.
Britannia shifts facility from Oman to India, considers price hike
Britannia Industries has relocated its North American export business from Oman to Mundra, Gujarat, to navigate West Asian crises. The company is also considering price increases, including reducing grammage and raising prices on larger packs, to counter a 20% surge in fuel and packaging costs due to geopolitical issues and supply chain disruptions.
Orient Electric Q4 profit jumps 29% despite supply chain disruptions and softer demand
Consumer electricals maker posts steady growth in Q4FY26 driven by strong performance in lighting, switchgear and wires businesses, while EBITDA margin improves to 8.2%.
US bond yields won't ease soon, rupee's worst may be over: 3R Investment’s Neeraj Seth
Neeraj Seth, Founder & CIO at 3R Investment Management, said India is not yet a major part of the global AI supply chain, but improving valuations and future AI-led productivity gains could support markets over the long term. He also said global AI investments remain focused on infrastructure and hardware, while warning that higher oil prices and elevated US bond yields could keep rate-cut expectations under pressure.
Britannia clocks 22% rise in March quarter profit
Britannia Industries witnessed a 22% surge in its March quarter profit, reaching ₹680 crore, driven by resilient biscuit and snack demand. Revenue climbed 7.1% to ₹4,686 crore, despite supply chain disruptions from the West Asia conflict impacting international business. The company is actively mitigating potential cost inflation and remains vigilant about ongoing developments.
West Asia Conflict: Supply chain woes hit smaller brands harder amid inflation
Amid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. This shift is creating a landscape where larger corporations can swiftly adapt, taking advantage of the situation to broaden their market influence.
From Chennai to Abu Dhabi: How Indian manufacturers are breaking into the Middle East’s oil supply chain
Indian engineering firms are now entering the Middle East's oil and gas supply chains. Global energy companies are broadening their supplier choices. This opens doors for Indian manufacturers meeting strict standards. Companies like LSI-MECH Engineers are gaining approval. The Middle East continues energy infrastructure investment. Diversifying vendor bases is a priority for global firms.
Kennametal India Q4 revenue jumps 39% to Rs 403 crore, net profit doubles to Rs 51 crore
Kennametal India reported sharp growth in quarterly revenue and profit, supported by strong demand for hard metal products and volume expansion. Rising raw material costs increased expenses, while the company highlighted supply chain management efforts and announced an interim dividend for shareholders.