Business

Shenzhen lockdown at risk of hit Indian cos

A lockdown in China’s tech and manufacturing hub Shenzhen will likely disrupt global supply chains and ship availability, causing a spike in freight rates and potentially affecting India’s steel companies, electronics assemblers and carmakers.China locked down 17 million residents of the tech hub after 66 cases of Covid infections were detected.”There will be a definite…

Published

2 years ago

March 15, 2022

Shrishti

Shenzhen lockdown at risk of hit Indian cos

A lockdown in China’s tech and manufacturing hub Shenzhen will doubtless disrupt world present chains and ship availability, causing a spike in freight rates and doubtlessly affecting India’s metal companies, electronics assemblers and carmakers.China locked down 17 million residents of the tech hub after 66 cases of Covid infections were detected.”There will be a undeniable influence if there might be a shutdown for higher than three weeks,” talked about Navkendar Singh…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

7 months ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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