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The IT manufacturers have said that they have underutilised capacities that first need to be used up before they can commit to further expansion
Analysts remain cautious on mid-and-smallcap segments and suggest earnings need to catch up before the stocks start to recover
With revised customs duty across consumer electronics' manufacturers, analysts believe this measure would reduce costs for manufacturing mobile phones, TV panels, and kitchen chimneys
Cuts FY23 guidance, but expects sales to improve in FY24
Shares of Indus Tower, Vodafone Idea, Aurobindo Pharma, TV18 Broadcast, Voltas and Whirlpool of India were among total 33 stocks from the S&P BSE 500 index that hit their respective 52-week lows
How two poster boys of the government's signature manufacturing programme are deploying it to grow in India
Business Standard brings you the top headlines at this hour
Among prominent stocks, ITC, Dixon Technologies, Axis Bank and Bajaj Finance seem poised to rally up to 14 per cent; whereas Asian Paints is seen testing the crucial 200-DMA level at Rs 3,131.
This will impact the flow of finished products into the Indian market, unlike last year, this impact will be felt post Diwali
Dixon Technologies getting money after international companies expressed concern about scheme due to delays in disbursement
Electronic goods manufacturer Dixon Technologies on Monday said it has entered into an agreement with global tech giant Google and got sub-licensing rights for making LED TV sets on Android and Google TV platforms. Android and Google TV are two operating systems developed by Google to power various smart TV models. This will help Dixon to provide cost-effective smart TV and further strengthen its market leadership in the LED TV category, Dixon Technologies said in a statement. Dixon "is the first contract manufacturer in India to get the sub-licensing rights relating to Android and Google TV," it added. Dixon Technologies is the largest manufacturer of LED TVs in India with an annual capacity of 6 million units at it plants. "This new partnership will enable the company in offering a cost-effective, consistent, high quality and out-of-box experience to our existing customers and potential new brands, which will further strengthen the company's market leadership in the LED TV ...
Brokerages prefer Amber Enterprises to Dixon Technologies in the sector
The Enforcement Directorate, on Saturday, "seized" over Rs 5,551-crore worth fund of Chinese mobile manufacturing company Xiaomi for violating the Indian foreign exchange law
The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.
Focus on backward integration and value addition to help on the margin front
Total expenses were at Rs 2,724.50 crore, up 73.84 per cent from Rs 1,567.18 crore earlier
Open to acquisition of design companies and raise manufacturing capacity
Can 'Facebook papers' be nudge for social media regulations? Why does Dixon CMD Sunil Vachani see PLI scheme as a gamechanger? What are risks to consider in the Nykaa IPO? Get all the answers here
In this exclusive interview, Dixon Technologies CMD Sunil Vachani talks about what his company wants to achieve through the PLI scheme, its planned investments and acquisitions, besides much else
Dixon Technologies plans to acquire a Ludhiana-based manufacturing unit of Bharti Group to start making telecom gears under the production-linked incentive scheme announced for the sector