UP BULLDOZER MANUFACTURING
CM Yogi Adityanath promotes UP's 'bulldozer brand', invites CNH to manufacture them alongside tractors
Chief Minister Yogi Adityanath advocated for CNH Industrial to manufacture bulldozers in Uttar Pradesh alongside tractors. He emphasised the positive transformation of the state since 2017 under the Modi-led government. Adityanath attributed improvements in law and order to a strong government policy against crime and criminals. The state has become a favorable destination for business investments, attracting foreign companies. He acknowledged local contributions to the region's development, especially in Jewar.
Assam cabinet approves Welspun Group's investment proposal to set up manufacturing unit in Rangia
Assam's cabinet approved an investment proposal from Weetek Plastic Private Limited to set up a manufacturing unit. The cabinet also amended rules to categorize extracted limestone into different grades for royalty purposes. A new award named 'Bharat Ratna Dr. Bhupen Hazarika Award' will honor significant contributions to music and culture. The grand finale of Hazarika's birth centenary celebrations will take place in New Delhi on November 29, 2026.
Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%
The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
South Bend recovered 15,000 tons of concrete and bricks plus metal and wood from the former Studebaker Plant 8; the materials were reused on site or sold, instead of being buried
The deconstruction of an aged Studebaker factory in South Bend was performed meticulously to reclaim materials for future use. Through this resourceful effort, almost the entirety of the building materials was retrieved, leading to notable revenue generation for local redevelopment projects. The sale and repurposing of these materials significantly cut down on landfill contributions.
First drones, now missiles. The spending is certain, who gets the maximum is not: 14 stocks from the defence ecosystem
The defence sector’s positives are well known. But there are some unknowns. For “security reasons” we will never know how or why orders are placed, or how the focus areas are decided. Not surprising. No government will announce what it plans to do for its own defence. The only certainty is that there will be an increase in spending. Just Google how many countries have said that their defence spending as a percentage of GDP will see a sharp rise in the next three years. The number and names on the list may surprise you.
Stock Radar: Down over 20% from highs! BEML stock showing signs of bottoming out
BEML Ltd, a capital goods company, is showing renewed bullish momentum. Experts suggest buying the stock for a target of Rs 2,200 in the next 3-4 months. The stock has broken out of a descending price channel, indicating a potential upward trend. Technical indicators support this positive outlook. Traders with a high-risk profile can consider this opportunity.
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Trump plans to roll back some tariffs on steel and aluminium goods
President Trump is reportedly planning to reduce some tariffs on steel and aluminum. Officials believe these tariffs are increasing prices for everyday items. This move comes as consumer costs are a major concern for voters ahead of the midterm elections. The administration is reviewing affected products for potential exemptions and more targeted national security reviews.
Sitaram Kesri spurned PM Gowda's bid to lure him with Rashtrapati's Post, says Tariq Anwar
Former Congress chief Sitaram Kesri reportedly rejected an offer from then-Prime Minister HD Deve Gowda in 1997 to become President of India and 50% of ministerial berths. Kesri viewed these proposals as a "bait" and a "plot to divide Congress," ultimately leading to the Congress withdrawing support for the United Front government.
Mad, bad, dangerous anthropocentrism
The Supreme Court's recent order on stray dogs in Delhi-NCR has sparked controversy, overriding previous rulings and the Animal Birth Control Rules 2023. Critics argue the decision lacks consideration, relies on potentially inaccurate data, and fails to address the root causes of the issue, such as inadequate ABC programs and negligent authorities.
Marrickville warehouse destroyed by massive fire, no injuries reported
A big fire hit a warehouse in Sydney's Marrickville. Sixty firefighters tackled the blaze early Thursday. The warehouse contained music merchandise. The Araca Group suffered significant losses. Employee Isaac Broadbent was alerted by police. Stock worth thousands got destroyed. Firefighters stopped the fire from spreading. Thick smoke covered Marrickville. Authorities advised residents to shut windows. The cause is under investigation.
South Korean steelmakers eye U.S. production, higher-value products as Trump tariffs kick in
South Korean steelmakers POSCO Holdings and Hyundai Steel are exploring new investment options in the U.S. and India in response to increased U.S. tariffs on steel and aluminium imports. The new tariffs, reinstating a 25% duty, impact major exporters, including South Korea. The South Korean government plans support measures for domestic firms' overseas investments.
Trump's expanded metals tariffs to hit goods from horseshoes to bulldozer blades
President Trump's new tariffs on steel and aluminum, which take effect soon, target $150 billion worth of derivative products, including automotive and construction parts. This move aims to boost U.S. metal production and jobs, but may increase costs for industries and consumers. Canada and Mexico are significantly impacted, while some U.S. manufacturers consider price hikes.
The (Mona) Lisa effect: AMD's transformation since CEO Su's takeover
In the chip-making business, AMD was languishing as Intel hogged the limelight, and market share, for most of the last 50 years. But the chipmaker’s fortunes have turned around since Lisa Su took over as CEO 10 years ago. In 2014, AMD's share in the data-centre chip market was negligible; however, today, the company has achieved stronger margin growth and ranks second only to Nvidia in the graphics processing unit market.
Ceat to acquire Michelin's Camso brand for USD 225mn
Camso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins compared to tyres for passenger vehicles and two wheelers. Michelin had in 2018 acquired the brand for nearly USD 1.5 billion.
For capital gains: 5 midcap capital goods & engineering stocks with upside potential of up to 50%
Capital good companies had faced tough times for many years. Given the fact that hardly any capacity buildup was taking place in any industry, a number had to change their product portfolio and had to live with very low margins. But all the efforts have now started to show some results.
For capital gains, 4 midcap capital goods and engineering stocks have upside potential of up to 32%
Two things which impact the demand for capital goods. First is the spending, both by the government and private sector. Second is the focus of the government policies. As far as the first is concerned, government focus money has been going into infrastructure space and hence anything to do with roads and bridges have been doing extremely well. On the policy side, the focus of government policies increasingly turning favorable toward the manufacturing sector, select capital goods and engineering companies which cater to sectors like EV and textiles are making a comeback on the analysts list.
4 midcap and smallcap capital goods and engineering stocks with upside potential of up to 41%
With the focus of government policies increasingly turning favorable toward the manufacturing sector, select capital goods and engineering companies which cater to sectors like EV and textiles are making a comeback on the analysts list.
4 midcap and smallcap capital goods & engineering stocks with upside potential of up to 59%
With the focus of government policies increasingly turning favourable toward the manufacturing sector, some of the capital goods and engineering companies are making a comeback on the analysts list.
6 stocks from capital good and engineering sector; with upside potential of up to 49 %
Capital good companies had faced tough times for many years. This statement would be more applicable to companies which were making turbines for the power sector. But for a company which was into supplying plants and machinery for speciality chemical companies, the last couple of years have been good. As more industries start to show first signs of building fresh capacity, more capital good companies may see a healthy order book.
Dear Santa, a Caterpillar D9 for Christmas, pleease!
The D9, as you well know, is a tractor with a large detachable blade at one end and a ripper attachment at its rear. In other words, it's a bulldozer. With a 474 horsepower engine and an operating weight of 49,000 kg, it is an engineering beaut. With its continuous tracks, the D9 resembles a yellow scorpion, commonly known as the deathstalker. The front blade resembles the scorpion's pincers, and the ripper, its poisonous sting-carrying tail.
Bengal and Britain And, Um, Business
'Britain and business' doesn't trip off the tongue as easily as 'bangers and mash', while, let's just say, 'luchi-alur dom' has delivered every time that 'Bengal-business' hasn't.
On road to clean energy, auto sector eyes election year boost to sales
Although electric vehicles are being already talked about as a futuristic option for India, considering increasing pollution that many of its cities were facing.
Government not against petrol, diesel: Gadkari adds fuel twist to India's electric ride
The tone of Gadkari's comment is in stark contrast to his 'bulldoze' warning to automakers last year.
New load-carrying rules: Will this be a bulldozer roll over commercial vehicle industry?
Many see Gadkari's order as a sudden step that will hurt manufacturers of commercial vehicles.
Government to scrap subsidy for private electric cars
Policy-makers justified the move, saying the govt has now decided to give cash subsidies to EVs used by shared-mobility operators such as Ola and Uber.
Long road for EVs, clear policy needed to cross speed breakers
While the Niti Aayog envisages an all-electric vehicle fleet by 2030, Gadkari has given an ultimatum to the industry to either join the bandwagon or else be "bulldozed".
The future of oil is almost here and it doesn't look very pretty
The Arab countries that have thrived on oil business will wield less influence and will have to open up their economy to other businesses.
JSW Energy zooms 10% as firm seen gaining from electric vehicles push
According to the road transport and highways minister, a Cabinet note on electric vehicles is ready that will take care of charging stations.
Switch to clean vehicles or be bulldozed: Nitin Gadkari to automakers
According to the road transport and highways minister, a Cabinet note on electric vehicles is ready that will take care of charging stations.
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