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FACTORY SHUTDOWN
Japan is launching a world-first Hydrogen power engine, and it could change energy foreverJapan's latest energy breakthrough could make the path to cleaner power much easier than many expected. Instead of replacing existing syste...- Apple to raise prices due to memory chip shortage, CEO Tim Cook says: ReportApple CEO Tim Cook announced plans to increase product prices due to soaring memory and storage chip costs, driven by AI demand. He stated ...
- Tata says India pollution board drops scrutiny of Apple iPhone parts plantTata Electronics, an Apple supplier, has cleared pollution concerns at its iPhone plant in Tamil Nadu. The state pollution control board dr...
- Morbi's ceramic Kilns blaze again as fuel supply crisis easesWith the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling facto...
- Indian officials survey farms around Tata iPhone parts plant after water pollution warningGovernment officials are inspecting farmland near Tata's iPhone parts factory in Hosur. This follows reports that wastewater discharge from...
- IIT Madras develops indigenous pilot plant to process 100 tonnes of eWaste per yearIIT Madras researchers have created a pilot plant in Tiruchirapalli. This facility can process 100 tonnes of electronic waste annually. It ...
- Tata's Apple iPhone factory in Tamil Nadu faces shutdown threat over farmland water contamination; pollution body seeks explanationAn Indian pollution regulator has accused Tata Electronics, a key supplier for Apple's iPhones, of contaminating groundwater near its Hosur...
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- Foxconn confirms cyberattack on North American facilities; Operations now resuming graduallyFoxconn, a major manufacturer, has confirmed a cyberattack on its North American plants. The Nitrogen ransomware group claims to have stole...
- Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockadeIran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...
- A 1% problem that can derail India’s factory lines as tiny screws throw big tantrumsA recent analysis highlights that stringent regulations on fasteners, a seemingly minor expense, are leading to significant production hurd...
- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Death toll in Vedanta power plant blast rises to 24Another worker from Jharkhand injured in the boiler explosion at the Vedanta power plant in Singhitarai village of Sakti district, Chhattis...
- India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
- Auto Inc stays in low gear with drawn-out shutdowns at plantsAfter Maruti Suzuki and Hero MotoCorp decided to extend their lockdowns by over a week, Toyota Kirloskar plans to extend its factory shutdo...
- Union threatens protests if Atlas Cycles doesn't reopen soonCEO N P Singh Rana said the shutdown is only temporary and the company will resume operations once it is able to raise about Rs 50 crore by...
- Construction sector to see 12-16% decline in investment in FY21: CrisilAccording to the rating agency, the economy, which has been facing external risks such as weak global demand, supply disruptions and global...
- Auto companies slam brakes on productionCar and two-wheeler cos to shut plants for several days this quarter to reduce unsold inventory.
- GM to temporarily shut 13 plants, cut productionGM said the shutdowns will help control high dealer inventories and bring manufacturing in line with sales.
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