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Munoth Industries to start making lithium-ion cells at Tirupati unit

Munoth Industries to start making lithium-ion cells at Tirupati unit

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Munoth Industries Ltd. (MIL) has announced the pre-production of lithium-ion cells for the consumer electronics segment at its soon-to-be inaugurated Tirupati unit. “We will start pre-production on September 16. The commercial production and formal opening of the facility is slated for mid-October,” said vice chairman Jaswant Munoth. The trial run will be inaugurated by Union […]

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Goldman cuts Infosys, TCS to ‘sell’ on looming slowdown

Goldman cuts Infosys, TCS to ‘sell’ on looming slowdown

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Goldman Sachs downgraded top Indian information technology service providers Tata Consultancy Services and Infosys to “sell,” from “buy,” citing a potential slowdown in dollar revenue growth in the face of impending macroeconomic stress. “We believe a slowdown in discretionary IT services spend around the growth and transformation agenda will be quite material and something not […]

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