In this edition of Big Story, Moneycontrol's Sakshi Batra tells us about the acute labour force shortages faced by industries as they resume operations under lockdown 3.0
General Motors will make a USD 1 billion investment in its factories that will create or keep around 1,500 jobs.
Economic sentiment in the euro zone surged to a post-crisis record in December and German industrial orders pointed to a busy final quarter for factories in Europe's powerhouse with the government expecting the upswing to carry into 2017.
To encourage small tea growers and give them better price for their products, the government has proposed to amend a 2003 order to define mini and micro factories and provide various benefits to them.
On May 5, ITC had said it has shut down its production till the time it is able to comply with â€œinterim requirementsâ€ of 85 per cent pictorial warnings.
The company has decided to shut its cigarette factories from May 04, 2016 until the company is in a position to comply with the interim requirements pending hearing in the Karnataka High Court.
Chennai-based developers have started buying out defunct factories, mills and industrial land to launch premium and luxury housing.
The 1.5 percent year-on-year rise in capital spending followed a flat reading in the prior quarter and marked the first gain in four quarters, Ministry of Finance data showed on Monday
JPMorgan's Global Manufacturing Purchasing Managers' Index rose to 52.1 from September's 51.8, above the 50 mark that indicates growth for the 11th month and notching up its highest reading since May 2011.
India's manufacturing growth inched up in October from September's 10-month low, supported by a pick up in new orders and an easing of price pressures, a survey released on Thursday showed.
India's factories in June stepped up production and hired workers at the fastest rate in more than two years, but sagging demand abroad took a toll on growth in new export orders, a survey showed on Monday.
Larsen & Toubro’s construction arm has won new orders worth Rs 1,629 crore in the building and factories segment.
Engineering and construction major Larsen & Toubro’s construction arm has won Rs 797 crore worth orders in the building and factories segment in the current (July-Sep) quarter.