Total productive manufacturing

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hinduja Group flagship Ashok Leyland has unveiled the H6 4V engine in AVTR range equipped with premium N Cabin to serve the tractor and tipper segments, the company said on Thursday. The H series engine makes the new range of trucks suitable for customers who seek higher power delivery and superior fuel efficiency, the city-based heavy commercial vehicle manufacturer said. "...today further strengthened its AVTR portfolio by introducing 250 HP, 6-cylinder 4 Valve Engine with premium N cabin in haulage, tractor and tipper segments," the company said in a statement. "The modularity of AVTR platform significantly reduces the product lead time, thereby enabling us to launch products which cater to the unique transportation requirements of our customers," Ashok Leyland, Head-Medium and Heavy … [Read more...] about Ashok Leyland strengthens AVTR product portfolio

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Hindustan Aeronautics Hindustan Aeronautics (HAL), the largest defence PSU in India, is engaged in design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures • The company has delivered revenue, EBITDA and PAT CAGR of 7.4%, 12% and 26.5% respectively, in FY18-22. In FY22, repair & overhaul contributed ~64% to total revenues while manufacturing contributes~30%. Outlook We continue to remain positive and retain our BUY rating on the stock. We value HAL at Rs 2,860 i.e. 20x PE on FY24E EPS. For all recommendations report, click here Close Disclaimer: The views and investment tips … [Read more...] about Buy Hindustan Aeronautics; target of Rs 2860: ICICI Direct

Share to Twitter Share to Linkedin For the first time in seven years, the leading U.S. export is not the broad aviation category that includes jets made by Boeing BA . In fact, even though U.S. exports are up from the record pace of 2021 by more than $100 billion, the main aviation category has fallen to a No. 4 rank for the first time in at least two decades. This is the first in a series of columns about the nation’s top 10 exports. It follows similar series I did for the countries that are the nation’s top 10 trade partners and one for the airports, seaports and border crossings that are the nation’s top 10 “ports.” Last year, the value of refined petroleum exports topped the civilian aircraft category for the first time since 2012 and only the third time in at least two decades. But the aviation category — there are also other, smaller aviation-related categories related to, for example, engines and avionics — still finished second. … [Read more...] about Aviation Hits New Low, Ranks As 4th-Leading U.S. Export In 2022

SHANGHAI -China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, as the German automaker follows Tesla Inc in adopting the new technology. EVE has signed contracts to be BMW’s primary supplier of the battery cells in Europe for its new series of electric vehicles due to hit the market from 2025, said one of the people who has direct knowledge of the deal. Tesla this year started manufacturing its new larger-format 4680 cylindrical battery – denoting 46 millimeters in diameter and 80 millimeters in length. It has said it expects the battery to lower production costs and improve range compared to the current-generation 2170 cylindrical battery. Guangdong-based EVE’s batteries will be similar in size, said the sources, who were not authorized to speak to media and declined to be identified. Company filings also show EVE is planning a large cylindrical battery plant in central China. … [Read more...] about China’s EVE to supply BMW Europe with Tesla-like cylindrical batteries

The passenger vehicle dispatches to dealers increased by 11 per cent in July as improvement in semiconductor supplies helped the companies to ramp up production ahead of the festive season, auto dealers' body SIAM said on Friday. Overall passenger vehicle wholesales increased to 2,93,865 units last month compared to 2,64,442 units in July 2021. Passenger car dispatches rose 10 per cent to 1,43,522 units in July from 1,30,080 units in the year-ago period. Utility vehicle wholesales grew 11 per cent to 1,37,104 units last month from 1,24,057 units in the same period last year. Van dispatches also increased to 13,239 units from 10,305 units in July 2021. The total two-wheeler dispatches rose 10 per cent to 13,81,303 units from 12,60,140 units. Scooter wholesales climbed to 4,79,159 units against 3,73,695 units. Similarly, motorcycle wholesales increased to 8,70,028 units in July compared to 8,37,166 units a year ago. Close Three-wheeler dispatches to dealers also … [Read more...] about Passenger vehicle dispatches rise 11% in July as chip situation improves

A worker wearing a protective face mask walks past office buildings in the background, during the global outbreak of the coronavirus disease (COVID-19), in Tokyo, Japan. Picture taken on June 2, 2020. REUTERS/Issei Kato/File photo TOKYO  – More large Japanese companies are now raising wages to attract workers and cope with chronic staff shortages, a monthly Reuters poll showed on Thursday, a tentative sign Japan Inc may be slowly addressing pay that has been flat for decades. Still, the Corporate Survey found that higher wages aren’t yet the go-to tactic for companies, with digitalization seen as the most popular among the multiple measures firms say they are using to address the labor crunch. Japanese companies have typically avoided boosting wages because decades of deflation made it difficult to pass on higher costs to consumers. That might now be changing, as the double whammy of higher commodities prices and a weaker yen drive up living costs, and highlight the strain on … [Read more...] about More Japanese firms raising wages to combat labor shortage – Reuters poll

Share to Twitter Share to Linkedin Stuck between two major airports, one the world’s third largest single-airline hub and the other a flourishing operation with ten competing airlines, Piedmont Triad International Airport in Greensboro, N.C. ,has long had a tough road to hoe. Last month, Denver-based Boom Supersonic, which wants to build a supersonic passenger jet called the Overture, selected Piedmont Triad as the site for a $500 million production facility. As a passenger airport, PTI reached a peak in 1994, when Continental Lite drew bargain hunters who might have used either Charlotte Douglas International Airport or Raleigh Durham International Airport. Each is about 80 miles away. In 1994, airport traffic reached about 4 million passengers, a level it approached in 2019. But Cal Lite folded in 1995. As a cargo airport, Piedmont Triad has had better luck. In 1998, it was chosen by FedEx to be the overnight carrier’s Mid-Atlantic hub, beating … [Read more...] about Greensboro Airport Gets Boom Supersonic, Needs Boston Logan