Indian Economy

[haldilal]

 

[darkflame]

https://money.rediff.com/news/market/bajaj-auto-sales-surge-20-in-september-2024/16504820241001

Bajaj Auto Sales Surge 20% in September 2024​

 

[darkflame]

September 2024 Auto Sales Live: Mahindra, Bajaj, Toyota report sales uptick

 

[darkflame]

https://www.business-standard.com/c...37-050-units-in-september-124100101141_1.html

Hero MotoCorp sales increases by 19% to 637,050 units in September​

 

[ArjunMK1A]

I believe in coming Festival Season we can expect good growth in Consumer consumptions.
From Tomorrow Dusshera/Navarathri starting across various parts of Country.

 

[shade2]

View attachment 10895

https://www.reuters.com/technology/apple-may-need-turn-china-after-indian-tata-plant-fire-sources-say-2024-10-01/

It's obvious this is sabotage now.

iPhone 16 is just released and i think currently they were producing stock for Christmas in the western lands plus ofc stock for the Diwali sales here in India.

Per the Reuters article Apple will have to arrange for iPhone casing/back panels from Chinese suppliers.

Within Apple among whichever group handles the supply chain, an argument can be made now that it is risky to invest in India for assembly plants( worker strikes, chimpouts ) and component manufacturing( AcCiDeNtS aNd SaFeTy HaZaRDs )

 

[haldilal]

1 .

L&T gets mega order of Rs 10k-15k cr to build advanced grid system

The projects, considered mega orders, include High Voltage Direct Current (HVDC) transmission systems and Gas Insulated Substations (GIS), key elements in modernising and interconnecting regional grids in Saudi Arabia and the United Arab Emirates.

economictimes.indiatimes.com

2 .

Mazagon Dock Shipbuilders Kickstarts Production Of Multi-Purpose Cargo Vessel For Navi Merchants, Denmark

Mazagon Dock Shipbuilders has initiated the production of the first Multi-Purpose Cargo Vessel (MPV) for Navi Merchants, Denmark.

in.benzinga.com

3 .

4 .

Ceinsys Tech Raises Rs 235 Crore for Global Growth

Ceinsys Tech secures Rs 235 crore funding for global expansion, driven by Rare Capital investment. The company focuses on geospatial, engineering, and technology services.

money.rediff.com

5 .

SaaS Unicorn Fractal Eyes $500 Mn IPO, To File DRHP By November

Amid the ongoing IPO boom in the country, AI-powered SaaS unicorn Fractal is considering filing its DRHP with SEBI as soon as November.

inc42.com

6 .

7 .

Balmer Lawrie To Set Up Ftwz In Mumbai | - Times of India

Kolkata: Balmer Lawrie & Co Ltd is establishing a free trade warehousing zone (FTWZ) at Mumbai’s Jawaharlal Nehru Port.

timesofindia.indiatimes.com

8 .

https://www.hindustantimes.com/real-estate/mt-k-kapital-raises-over-rs-500-crore-for-its-maiden-fund-invests-in-five-projects-of-rustomjee-group-in-mumbai-101727260098580.html

9 .

NTPC Green Energy arm signs JV agreement for green projects

The joint venture will undertake development of 10 GW of Renewable Energy parks and projects in Maharashtra or any other state, NTPC said.

www.zeebiz.com

10 .

MEIL Signs MoU with Maharashtra Government for Development of 4000 MW Pumped Storage Hydro Projects

/PRNewswire/ -- Megha Engineering & Infrastructures Limited (MEIL) has signed a Memorandum of Understanding (MoU) with the Department of Water Resources,...

www.prnewswire.com

11 .

SJVN to develop pumped storage, floating solar projects in Maharashtra

State-owned SJVN has signed two agreements with the Maharashtra government to develop pumped storage and floating solar projects worth Rs 48,000 crore. The projects include five pumped storage facilities totaling 8100 MW and a 505 MW floating solar project at lower Wardha Dam. These initiatives...

economictimes.indiatimes.com

12 .

CEA Clears Two Hydro Pumped Storage Projects in Maharashtra

The Central Electricity Authority (CEA) has reached a significant milestone in its efforts to secure a sustainable energy future by approving two additional Pumped Storage Projects (PSPs) in Maharashtra: the 1,500 MW Bhavali PSP by JSW Energy Ltd.

www.projectsmonitor.com