AGP Executive Report
Last update: 10 hours agoManufacturing: India’s PMI eased to 54.7 in October as output and orders cooled, though export orders hit a six-month high. Autos: Passenger-vehicle dispatches topped 500,000 for the first time, with festive demand driving monthly records at Maruti, Hyundai and peers. Clean Energy: Emmvee plans a ₹5,500 crore solar-capacity expansion as India seeks to deepen domestic manufacturing. Earnings & Deals: Reliance’s strong Q2 results triggered its biggest one-day share gain in over six years; Granules India’s quarterly profit rose 39% to ₹182 crore. Affle agreed to buy Nasdaq-listed Perion for about $420 million, expanding its global ad-tech reach. Pharma Regulation: India’s drug regulator now requires digital registration and clearance for batches of key cough-syrup ingredients, tightening traceability. Trade & Infrastructure: New Delhi assured liquor companies that bulk Scotch imports qualify for tariff cuts under the India-UK pact. The government also signed ₹53,866-crore contracts for eight Navy corvettes.
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