India downplays impact on Foxconn amid pullback of Chinese staff
India expects no major impact on Foxconn from the pullback of Chinese employees. Meanwhile, Foxconn and Apple are seeking to ramp up iPhone production in India to mitigate the impact of U.S. President Donald Trump’s threatened triple-digit tariffs on Chinese goods.
Sensex up 350 points as Nifty crosses 25,100 on global cues, Fed hopes
Indian equities rose, with the Sensex gaining 350 pts and the Nifty topping 25,100. The move was supported by upbeat global cues, easing volatility, and growing expectations that the US Federal Reserve will deliver a rate cut at its policy meeting next week.
Globus Spirits’ Samalkha unit disrupted by flooding; revenue hit ₹13.50 Crore
Globus Spirits reported flooding-related disruption at its Samalkha unit, with a revenue impact of ₹13.50 Crore. The company is prioritising safety, recovery measures and stakeholder communication to stabilise operations and progressively restore normal workflows.
National Aluminium Company gains 2.09% as price touches Rs 218.89
National Aluminium Company shares rose 2.09% in today’s trading, with the last traded price at Rs 218.89. The positive movement offers a clear reference for participants monitoring sentiment and near-term price behaviour around recently observed levels.
National Aluminium Company climbs 2.09%, last trade at Rs 218.89
National Aluminium Company shares advanced in today’s session, rising 2.09% with a last traded price of Rs 218.89. The move highlights a constructive tone and steady demand, with investors likely to watch for follow-through, stability, and signals of sustained momentum in subsequent sessions.
National Aluminium Company shares gain 2.09% in today’s session
National Aluminium Company shares advanced 2.09% in today’s trading, with the last traded price at Rs 218.89. The move signals positive sentiment in the session as participants assess whether momentum can sustain in the near term.
Texas murder: CCTV shows wife and son shoved aside during brutal attack
A disturbing account from Texas describes a brutal attack on an Indian man. CCTV footage reportedly shows the victim’s wife and son tried “many times” to intervene when they heard screams but were pushed aside by Yordanis.
Sigachi Industries eyes best gains since debut after stellar listing
Sigachi Industries had more than tripled on listing, ranking among the most successful recent debuts. After a correction that placed it below the listing price, the stock still shows gains close to 200% from the IPO price of ₹16, adjusted for the 10-for-1 split.
Giorgio Armani’s will maps staged sale or IPO for his brand
Giorgio Armani’s will calls for a phased sale of his fashion house or an IPO. It mandates an initial 15% sale within 18 months, rising to an additional 30% to 54.9% between three and five years, with priority to LVMH, L’Oreal, EssilorLuxottica, or a peer group.
Apple’s India suppliers nearly double since 2018; value add at ~20%
Apple’s supplier base in India has nearly doubled since 2018, with value addition at ~20%. New suppliers are expanding their footprint, and industry watchers expect a new components manufacturing scheme to further increase the domestic share of value added.