Market News
Stay updated with the latest market trends, earnings, and economic indicators.
German chipmaker Infineon to expand India ops with new R&D and supply chain investments
The semiconductor giant plans to nearly double its local workforce by 2030 to support India's green energy goals through new design partnerships and startup collaborations, senior vice president Vivek Mahajan told Mint.
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.
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.
In a sea of red, how a smallcap defence company delivered multibagger returns this year
Despite a challenging market, MTAR Technologies has delivered multibagger returns, surging nearly 100% in just over four months. The smallcap defence company's rally is driven by its critical role in the global clean energy and AI infrastructure supply chain, particularly its partnership with Bloom Energy. Analysts anticipate significant order inflows from this collaboration, though valuation concerns are emerging.
GAIL says its LNG vessel Energy Fidelity flagged off from US; to bolster India's energy supply chain
GAIL's Energy Fidelity vessel with a carrying capacity of 174,000 cubic meter (cbm) was flagged off on April 20 and is now en route to India. The ceremony was presided over by India's Consul General in Houston, Texas, D C Manjunath, GAIL said in a statement.
Ola Electric plans Rs 2,000 cr fundraise for battery arm
Ola Electric is raising up to Rs 2,000 crore by selling a stake in its battery unit, Ola Cell Technologies. This move aims to strengthen its finances and restructure operations. The company's battery plant in Tamil Nadu is set to expand its capacity. This development is crucial for India's domestic EV supply chain and energy storage solutions.
Reliance Industries analysts do not see more downside on the stock; Check latest targets
Even if tensions ease soon, supply chain normalisation could take longer, keeping product cracks elevated and supporting refining and petrochemical margins.
Kolkata Port signs agreement with East Horizon for Rs 260 crore FSRU project at Haldia
Syama Prasad Mookerjee Port, Kolkata will soon have a Floating Storage and Regasification Unit at Haldia Dock Complex. East Horizon Pvt Limited will establish this facility. The project involves an investment of approximately Rs 260 crore. This will boost LNG handling capabilities in eastern India. It will also support cleaner energy infrastructure development and strengthen the national gas supply chain.
Nifty Auto crashes over 3% as crude tops $100 again, LNG fears add pressure; M&M, Maruti among top Nifty losers
The Nifty Auto index ended 3.2 percent lower, the steepest fall among sectoral indices, as rising energy costs and supply-chain concerns weighed on stocks. High crude oil prices can add to fuel cost pressures for customers, while shortage of gas could disrupt component production.
Middle-East deal hopes: How should one look at the investment landscape?
A US-Iran deal could lower energy costs, ease supply-chain pressures, and create fresh opportunities across sectors
GMDC shares jump 5% as Quad unveils critical minerals framework, rare-earth supply chain initiative
GMDC stock gained over 5% on Quad minerals framework announcement, which seeks to boost critical mineral supply chains. The stock is up 91% in a year, with its current market capitalisation at Rs 22,000 crore. Quad will bolster critical minerals and energy security.
How should investors respond to Modi’s call for austerity?
Rising energy costs and supply-chain disruptions may reshape consumption patterns