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MTAR Technologies IPO: Grey market premium soars 85% on last bidding day; should you subscribe?

Hyderabad-based MTAR Technologies Rs 596-crore initial public offering (IPO) has been subscribed 12.77 times so far on the last of the bidding process.

MTAR Technologies IPO, MTAR Tech grey market premium, MTAR Tech subscription status

‘Closely looking at India to drive global supply chain and sourcing, plan to launch affordable 5G Nokia phones’: HMD Global 

In an exclusive interview with Financial Express Online, HMD Global vice president Sanmeet Kochhar shares insights on the challenging, yet noteworthy year that was 2020, and all that lies ahead in 2021.

HMD Global, Nokia, 5G

Won’t make the same mistake twice, transition from 4G to 5G-ready phones in 2021 itself: Lava International

Lava’s vision for 2021, is to reach 5% market share. That is the target. The first milestone. 5G is going to be a key focus for the year.

Lava

Budget 2021 Expectations: Govt should reduce local tax, introduce PLI-like scheme for LED TVs, says Super Plastronics CEO

Super Plastronics is the official brand licensee of Kodak and Thomson TVs in India.

Kodak TV, Budget 2021

Wistron admits ‘some workers not paid correctly’ at Kolar iPhone plant; issues apology and removes India VP

Wistron plant violence: Wistron said it was working hard to ensure all workers were “fully compensated immediately,” also setting up an “employee assistance program” at the facility.

Wistron Corp Taiwanese contract manufacturer Apple Narsapura Bengaluru Karnataka labour violence

PLI scheme may add USD 520 billion to GDP in 5 years: Report

According to analysts, electronics, particularly mobile phone manufacturers, stand to be the biggest beneficiary of the scheme. Other sectors that will benefit include automobile, battery, pharma, food, textiles and telecom.

economic recovery, formal sector, large companies, small companies, recovery in sectors

‘Atmanirbhar’ stocks: Make in India push, fast track reforms may benefit these shares

The central government has recently put its foot on the gas with targeted efforts this time to address long pending issues around land, labor, infrastructure, etc, that have historically impacted India's aim to attract foreig

Stock market

Top defence stocks to buy: As Modi pushes for ‘Atmanirbhar Bharat’, govt looks to Make in India

Analysts bet on a few stocks related to defence equipment production and see up to 30 per cent upside in their target prices.

Amid Vocal for Local, govt buys more from small businesses than required; these ministries are top buyers

Credit and Finance for MSMEs: The number of MSEs benefitting from the procurement was 11,459. This included 332 SC/ST entrepreneurs-led MSEs that sold goods and services worth Rs 122.68 crore in FY21 so far with a share of 0.

GeM पर सामान बेचने वालों को बताना होगा किस देश में बना है प्रॉडक्ट, खरीदारों को मिलेगा ‘मेक इंन इंडिया‘ फिल्टर

सरकार ने यह कदम आत्मनिर्भर भारत और मेक इन इंडिया को बढ़ावा देने की दिशा में उठाया है.

Information about Country of Origin of product by the sellers made mandatory on GeM to promote Make in India and Aatmanirbhar Bharat, Ministry of Commerce & Industry

Make in India: German footwear maker moves production from China to India; may create this many jobs

The company will begin manufacturing at Agra in Uttar Pradesh in partnership with Iatric Industries Pvt Ltd.

footwear, healthy feet, green grass, health footwear, Von Wellx, Ashish Jain

Modi’s champion sectors to drive structural growth; states to compete for investment ranking

Today's FM Nirmala Sitharaman press conference was more about structural and policy reforms to attract more investments, raise production and generate employment in crucial sectors, after addressing various issues that needed

BHEL share price skyrockets 36% in two days, gains 52% from March lows

In less than two months, BHEL share price has rallied 52.6 per cent from its 52-week low level. BHEL stock is still 61 per cent off from its 52-week high of Rs 75.50 hit in June last year

The company pegged the impact of the coronavirus crisis on FY20 revenue at Rs 4,000 crore. Bhel reported a loss of Rs 1,472.9 crore for FY20, swinging from a profit of Rs 1,208.7 crore in the preceding fiscal.

Piyush Goyal lists sectors to boost exports; fears this key concern can push India out of market

Piyush Goyal underlined that the scale of production will play a very important role in remaining competitive in the global market.

Modi inaugrates Centre for 4th Industrial Revolution in New Delhi; says IT, youth are India’s 2 major assets

Information technology (IT) and youth are India’s two major assets and the launch of Centre of Fourth Industrial Revolution in the country after San Francisco, Tokyo and Beijing opens up doors to immense possibilities in th

New India on rise! Centre, states brought in over 10,000 reforms in last two years, says Narendra Modi

As the country is marches towards key social and economic change, the New India will act as a catalyst for global development, Prime Minister Narendra Modi said.

pm narendra modi, narendra modi, dehradun

First India built Volvo XC90 leaves Bangalore plant: Here’s more on Volvo’s Make in India plans

Volvo has rolled out the first ever locally assembled XC90 and intends to build more cars on the SPA module for India

Maruti Suzuki Baleno takes Modi’s ‘Make in India’ campaign to new heights: Here’s how

Within 20 months of its launch Maruti Suzuki Baleno crossed the milestone of two-lakh unit sales in the Indian market. It is also the first Maruti Suzuki car to be exported to Suzuki's home country Japan.

Jeep Compass SUV: Here’s how much it is actually made-in-India

Talking at the launch of Jeep Compass, Kevin Flynn, MD, FCA India said that the bookings of the Jeep Compass will multiply with these aggressive pricing. Currently, the company has received 5,000 bookings on its new SUV.

Volvo Cars commits to ‘Make in India’, local assembly to begin this year

The assembly unit will be located near Bengaluru and will focus on models based on Volvo’s SPA modular vehicle architecture.

IAF chief Arup Raha flies Gripen in Sweden; Saab says opportunity to show how the fighter jet can meet India’s needs

Indian Air Force (IAF) chief Arup Raha recently flew the Gripen fighter jet during his five-day visit to Sweden.

Arup Raha Gripen, IAF Gripen, IAF chief Gripen
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