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    FIRE AT SAHIBABAD SITE 4 INDUSTRY AREA

    Japan launches an advanced Earth observation satellite on its new flagship H3 rocket

    Japan deployed an upgraded Earth observation satellite for disaster response and security after it was launched on a new flagship H3 rocket Monday. The H3 No. 3 rocket lifted off from the Tanegashima Space Centre on a southwestern Japanese island and released its payload about 16 minutes later as planned, the Japan Aerospace Exploration Agency, or JAXA, said during a livestream.

    Delhi rain: Traffic crawls, people wade through waterlogged areas; BJP councillor rows in protest

    Heavy rain on Friday morning brought relief from a prolonged heat wave to the national capital. However, the showers caused waterlogging in various parts of the city, impacting traffic and the daily lives of residents and commuters.

    Better to own a set of stocks from the digital ecosystem rather than betting on one stock? 15 stocks with upside potential of upto 48%

    Few day’s back there was an issue with the telecom provider and the services stopped for some time. Now which would be the companies which got impacted the most, the telecom service provider, the answer is no. As a customer one would not get any reduction in the monthly billing because services were down for some time. The companies which may have got impacted would be a platform company on which one orders food, such as a swiggy or zomato. The reason, in the peak time of demand, a customer is not able to order food online due to internet service being down, that demand will not come back when the internet is back. But the other platform company which sells insurance was also not impacted. The reason is, if one was planning to buy an insurance policy and there is no internet, the demand will get postponed not get extinguished. The digital ecosystem is making things simple but it is yet complicated when it comes to investing.

    South Korea begins search for answers after battery plant fire kills 22

    Following a devastating fire at a lithium battery factory in South Korea that claimed the lives of 22 workers with one still missing, urgent safety inspections have been ordered at high-risk industrial sites. The blaze, which erupted in a warehouse containing 35,000 lithium batteries, resulted in toxic smoke, likely causing the workers to lose consciousness and perish within seconds. The majority of the victims were temporary workers from China, prompting investigations into safety regulations and training practices for foreign laborers.

    Engineering students demonstrate fire dousing drone-prototype at Gopalan College tech fest

    The fire safety solution aimed to swiftly extinguish severe fire accidents, thereby saving lives, preventing the destruction of buildings, and protecting the environment. The rapid deployment of these drones could prevent fires from spreading to nearby areas. The prototype demonstrated at the event had significant potential for further development to cover larger areas.

    Stocks of the new political order: 4 stocks from irrigation pumps and allied sector

    It is not that earlier farmers were not getting money under schemes initiated by the Modi government. But the first file which was signed by PM Modi after taking over office for the third time was related to releasing money to the farmers. While there is no doubt that focus on increasing farmer income and boosting agricultural productivity has been on the priority list of the government for the last ten years. But sometimes, a change in the political equation ensures that messaging and amplification of that policy changes is done more in terms of numbers and more effectively. There is a greater likelihood that more money would be pushed toward rural India and given the past track record of it is very likely that policy measures to boost productivity in agriculture will come. Which means another round of re-rating of some stocks in the chain which works in the rural economy.

    • Ahead of June 4, be relatively light & in cash; curtail trading: Dipan Mehta

      Dipan Mehta advises caution and light trading ahead of the upcoming election dates. He emphasizes the importance of being in cash and watching the election results closely for investment decisions.

      Eight dead, 60 injured in fire after blast at chemical factory in Thane, say officials

      A boiler explosion in Thane affected multiple companies, leading to fatalities and injuries. Authorities like Kalyan tehsildar Sachin Shejal and Chief Minister Eknath Shinde are involved in the response efforts, including treatment and compensation for victims.

      As summer turns extreme, manufacturing firms go the extra mile to keep workers cool

      As extreme summer heat leads to increased absenteeism and reduced productivity, manufacturing and engineering firms like Tata Steel, Larsen & Toubro, Nayara Energy, Thermax, and Maruti Suzuki are implementing measures to protect their employees. Initiatives include providing desert coolers, air-conditioned rest areas, and AC transportation, distributing rehydration salts, conducting medical check-ups, and offering doctor consultations. Tata Steel adjusts job schedules to minimize direct sunlight exposure, while L&T extends lunch breaks for outdoor workers.

      UPI’s rural push; India as software IPO destination

      Happy Wednesday! The country’s central bank wants more rural users to log into Unified Payments Interface (UPI). This and more in today’s ETtech Morning Dispatch.

      Hoarding collapse: Can't use gas cutters at petrol pump site for fear of blast, says NDRF official

      A tragic incident in Chheda Nagar as an illegal billboard collapse at a petrol pump resulted in 14 fatalities and 74 injuries. NDRF faces challenges due to the petrol pump on-site, utilizing heavy equipment cautiously in the search and rescue operation amid unseasonal weather conditions.

      Defence stocks: Stay bullish, just hedge a bit to avoid narrative-based decisions; 4 stocks with upside potential of up to 33%

      One of the sectors which has seen strongest re-rating in the last four years has been defence. Now in the last few days, the way markets have corrected and a narrative has come on the street that it is poll jitters which is making FPI sell, without realizing the fact that after a strong phase of upward movement, the global money tends to move in one from one country to another, especially in emerging market segment, it might lead to a situation where one might end up selling the long term winner early because of the narrative. Rather than getting jittery, it would be better to create a hedge and stay with the stocks where there has been a big change in the fundamental ways things operate.

      How did Isarael's Iron Dome collapse under barrage of missiles from Hamas and Hezbollah? Know in detail

      The world was shocked When Hamas fired hundreds of missiles at Israel on October 7, 2023, and the much-hyped air defense system Iron Dome collapsed. What went wrong? Know in detail.

      Wire fire extinguishes! Polycab shares zoom 65% since January lows to fresh peak

      ​Shares of wires and cables manufacturer Polycab India have zoomed 65% to a new all-time high of Rs 6,242 since January’s low of Rs 3,801 when the stock made headlines due to an IT raid. On Wednesday, the shares surged nearly 8% on BSE.

      Realty cos draw up plan to protect sales and workers from heatwave

      Real estate industry adapts to heatwave challenges by adjusting construction schedules, providing worker breaks, and offering virtual property tours to maintain sales momentum despite high temperatures.

      Uttar Pradesh: Fire breaks out in a factory at Sahibabad Site 4 Industrial Area in Ghaziabad
      This summer look beyond AC stocks: 4 stocks from consumer electrical space with upside potential of up to 34%

      In the last one month as the temperatures have been soring, the stocks related to air conditioner companies have been moving higher, with buy reports pouring in. There is another side of summer heat leading to higher sales. There are other consumer electrical goods companies which are not in air conditioners, but in other goods, like fans and goods like juicer mixers, whose demand is also strongly linked to intensity and duration of summer month. But these stocks have not seen the kind of run up, Probably because they have been facing headwinds of higher competition. The question is whether the push of summer sales, help them recover fast and if that was to happen, these stocks which were probably best performing stock till late 2021, may see getting back interest.

      Iran fires at apparent Israeli attack drones near Isfahan air base and nuclear site

      Israeli drone attack near Isfahan activated Iranian air defenses. No direct Iranian acknowledgment. U.S. received last-minute info from Israel. Gen. Abdolrahim Mousavi confirms shooting at suspicious object.

      Adani to invest Rs 2.3 lakh crore in renewable energy, manufacturing capacity

      Adani Group to invest Rs 2.3 lakh crore by 2030 for renewable energy expansion. AGEL and ANIL lead in capacity increase and manufacturing. Overcoming challenges, the group aims for significant growth in the sector.

      Major fire in outer Delhi godown, 34 tenders rushed

      A major fire erupted at a factory in Alipur, Delhi on Monday morning, as per officials. The Delhi Fire Service department dispatched 34 fire engines to tackle the blaze. Confirming the incident, the Fire Services Department stated, "A fire broke out at a factory in Alipur. 34 fire tenders at the spot." Efforts are underway to control the fire, with no casualties or injuries reported so far.

      What are you getting—5G or 4G?: 5G coverage map on telcos websites likely

      Telecom regulator Trai is considering a directive to display coverage maps on websites for consumers to know 5G and 4G availability. It plans stricter regulation, increased penalties, and state and district level quality of service monitoring to reduce call drops.

      Commercial US spaceship lands on Moon, a first for private industry

      Intuitive Machines successfully landed its spacecraft, Odysseus, on the Moon's Malapert A. The mission aims to explore the lunar south pole, study environmental conditions, harvest ice for drinking water and rocket fuel, and contribute to the development of a wider lunar economy.

      Union Minister Hardeep Puri discusses opportunities in India's Exploration and Production sector at WEF Davos

      Union Minister for Petroleum and Natural Gas, Hardeep Puri, met with Occidental Petroleum's CEO, Vicki Hollub, at Davos to explore opportunities in India's Exploration and Production sector. Discussions included the use of CCUS technology for enhanced oil recovery. Puri also informed about a significant reduction in India's 'No Go' areas for E&P, making a vast area available for exploration. The minister engaged with Equinor's CEO, Anders Opedal, to discuss collaboration in India's E&P, offshore wind, and gas sectors, aligning with India's ambitious energy transition goals towards achieving 'Net Zero Carbon' by 2070.

      One killed, four injured in blasts at chemical factory in Thane district

      A tragic incident unfolded in Maharashtra's Thane district as a chemical manufacturing company experienced a series of explosions, resulting in one worker's death and four others sustaining injuries. The explosions, occurring around 4.30 am, ignited a fire in the Kharvai MIDC area factory. Drums filled with chemicals exploded, causing spilled contents to catch fire on parked vehicles. The injured workers are receiving treatment at a local hospital. Firefighters managed to bring the blaze, which spread to adjacent units, under control after two hours. The cause of the explosions is yet to be determined.

      How India Inc is boosting productivity by using intelligent technologies

      Leading manufacturers in India are digitizing factories to adopt the smart shop floor concept and boost productivity. Companies like Larsen & Toubro, RPG Group, MG India, Hyundai, and Hindustan Zinc are investing in digital technologies such as IoT, AI/ML, image analytics, blockchain, and advanced automation. RPG Group increased its digital investment and saw benefits in process scrap reduction, machine uptime increase, and lower maintenance and energy costs.

      India's journey to sustainability and safe EV manufacturing

      As India aspires to solidify its status as a manufacturing hub, it must address a pressing issue within its rapidly expanding automotive sector supply chain: thousands of workers annually fall victim to injuries on the job.

      MSMEs, sustainability and innovation to be key focus areas: Canon India’s Manabu Yamazaki

      Manabu Yamazaki, President & CEO of Canon India asserts supporting SMEs and the startup ecosystem has been a core focus area of the Japanese MNC.

      Weyerhaeuser facility in Longview engulfed in huge fire, officials call it ‘very long-term incident’

      According to Jon Dunaway from the Longview Fire Department, the smoke coming out of the Weyerhaeuser facility is lingering close to the ground. As a precautionary measure, they advised people to remain indoors and keep their doors and windows closed.

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