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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.
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.
Stocks to Watch Today: Infosys, Waaree Renewable, HG Infra, InterGlobe Aviation, TVS Supply Chain,... - Moneycontrol.com
Stocks to Watch Today: Infosys, Waaree Renewable, HG Infra, InterGlobe Aviation, TVS Supply Chain,...Moneycontrol.com
Choked shipping routes jolt Indian manufacturers
India's manufacturing sector faces disruption due to the Iran war. Critical shipping routes are threatened, impacting automakers and component makers. Consumer goods and electronics exporters are already halting shipments and production. Industry bodies seek government support for fuel supplies. Companies are assessing supply chain risks, with some setting up crisis teams.
Stocks to Watch for March 11: Indigo, HG Infra, Waaree Energies, UCO Bank and more
IndiGo CEO Pieter Elbers resigns, Rahul Bhatia takes interim charge. TVS Supply Chain sets up warehouse for Caterpillar India. HG Infra wins ₹401.33 crore railway project. Here are few stocks to track ahead of Wednesday's trading session.
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.
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.
Gulf investors hold their breath amid shifting sands
Dubai and Abu Dhabi markets are closed due to Iranian strikes. Airports are resuming partial operations. Investors are assessing supply chain disruptions and potential valuation pressures. Private equity firms anticipate a slowdown in deals for a few months. Real asset investors are preparing for valuation corrections. Banks and financial institutions are deferring decisions amid uncertainty.
Japanese company Proterial plans to make magnets & more in India
Proterial, a Japanese supplier of advanced materials, is exploring India as a site to manufacture rare‑earth magnets and cutting‑edge EV magnets. With government incentives underpinning investment, the move could strengthen local production and supply‑chain resilience. India is part of Proterial’s broader market assessment as it maps out a major manufacturing expansion.
GMDC shares rise over 4% after India joins US' AI initiative Pax Silica
Gujarat Mineral Development Corporation (GMDC) shares rose 4.4% after India joined the US-led Pax Silica initiative focused on AI and supply chain security. This partnership, aimed at bolstering economic and national security, follows India's participation in critical minerals discussions. GMDC's stock has seen significant gains over the past year, driven by rare earth potential, despite recent mixed financial results.