The home textile industry is expected to see a 6-8% increase in revenue this fiscal year because to strong domestic and US demand.

The domestic textile sector in India is anticipated to increase by 6–8% this fiscal year after rebounding by 9–10% in the previous fiscal year, according to CRISIL Ratings research. The development in the home market and strong demand from the US, the main export destination, will fuel the boom, it stated, despite some persistent logistical…

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Premier Energies gains 8% as its companies secure several orders worth Rs 560 crore.

Following many orders worth Rs 560 crore being obtained by its subsidiaries, Premier Energies surged 7.8% to an intraday high of Rs 1,160. Premier Energies International and Premier Energies Photovoltaic, the company’s wholly-owned subsidiaries, were awarded numerous orders by two sizable independent power producers. The subsidiaries of Premier Energies Limited, Premier Energies International Private Ltd.,…

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India’s manufacturing PMI increased to 57.5 due to an increase in new orders and foreign sales, in October

Following an eight-month low of 56.5 in September, India’s manufacturing activity rebounded to 57.5 in October, demonstrating a significant and quicker improvement in operating conditions, according to data provided by S&P Global on Monday. It claimed that October saw an acceleration of output growth driven by quicker growth in both foreign sales and total new…

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L&T receives an important order for the Global Nuclear Fusion Project to use advanced welding technology.

On Friday, Larsen and Toubro (L&T) declared that it had secured a new, substantial order from the ITER Organization, an intergovernmental body based in France, for the deployment of vital advanced technologies for the assembly of ports and complex parts with the Vacuum Vessel at the largest nuclear fusion project in the world, located in…

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