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Supply chain shocks, not AI, driving markets: UBS’ Gautam Chhaochharia
Speaking to CNBC-TV18 at the 21st India Business Leader Awards, UBS’ Gautam Chhaochharia said global factors such as crude price volatility and supply chain disruptions are likely to drive Indian markets in the near term. While prolonged geopolitical tensions could weigh on corporate earnings, he noted that the recent market correction is creating pockets of value, particularly in financials and select consumer stocks.
Global shipping industry caught in storm of war
Global trade faces significant disruption as the war in the Middle East closes the Strait of Hormuz. This vital shipping lane's closure impacts container transport worldwide. Importers are already seeing increased costs for goods from China. Shipping companies are imposing surcharges due to rising fuel prices and longer routes. This situation revives fears of supply chain collapse.
India plans new $11 billion fund to support local chipmaking business
India plans a ₹1 trillion fund to boost domestic chipmaking, aiming to become a global hub. The fund will subsidise chip design, equipment, and supply chain development.
Infosys partners with Incora to deploy AI across global aerospace and defence supply chain operations
Under the multi-year alliance, Incora will work with Infosys to implement AI-enabled capabilities supporting its operations across more than 60 countries.
TVS Supply Chain sets up warehouse in Chennai to support Caterpillar India
TVS Supply Chain Solutions has set up a 40,000 sq. ft. warehouse in Mannur village to strengthen Caterpillar India Pvt Ltd's global supply chain operations. Shares of TVS Supply Chain Solutions ended marginally lower on Tuesday, March 10, by 0.65% at 106.00 on the NSE.
India strongly positioned as the next global platform for consumer technology: Nothing co-founder
India is emerging as a global consumer technology hub, driven by its expanding manufacturing and supply chain capabilities. Aspirational consumer preferences are reshaping demand, with a notable shift towards premium, differentiated products. This strategic market is experiencing hyper-growth, aligning with global trends and evolving tastes.
India joins Pax Silica Declaration
India formally joined the Pax Silica coalition, marking a significant milestone in the strengthening of strategic technology and supply chain cooperation between India and the United States. The signing ceremony brought together senior government leaders from both nations, underscoring a shared commitment to securing the full technology stack that will power the AI-driven global economy. Pax Silica is envisioned as a strategic coalition of trusted nations committed to securing the silicon stack, from critical minerals and semiconductor fabrication to advanced AI systems and deployment infrastructure. The initiative seeks to reduce overconcentration in global supply chains, prevent economic coercion, and ensure that emerging technologies are developed and governed by open, democratic societies.
Swiggy’s Snacc shutdown lays bare the brutal economics of ultra-fast food delivery
The company’s retreat from its standalone instant food delivery experiment marks a strategic pivot toward sustainable growth as the high fixed costs of owning the supply chain collide with the need for profitability.
Discovery Series: Can Azad Engineering fit into the global engine supply chain?
The company is capitalising on a rare alignment where GE, Rolls-Royce, and Siemens are all raising bets simultaneously
MC Exclusive: 'We're not just winning on cost anymore': Aequs Founder on India's aerospace moment
Aravind Melligeri says global OEMs are looking beyond low-cost manufacturing as supply-chain disruptions reshape sourcing decisions. He also explains why Aequs is betting bigger on engines and consumer electronics.