Articles for tag: Challenge, Claiming, Costs, ewaste, Formal, Guidelines, Manufacturers, Raise, Recycling, Regulation, Stifle, Transition, Urgent

Market News

Manufacturers challenge new e-waste recycling guidelines, claiming they raise costs and stifle the urgent transition to formal regulation.

Manufacturers challenge new e-waste recycling guidelines, claiming they raise costs and stifle the urgent transition to formal regulation.

Manufacturers of consumer electronics are expressing concerns about the Indian government’s new draft guidelines for recycling e-waste. They argue that the proposed rules set unrealistic minimum prices, making it more expensive to recycle electronic products. For example, the cost for recycling metals has jumped to Rs 80 per kilogram, which is a significant increase. This ...

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Boeing faces massive temporary furloughs amid a strike by 33,000 workers demanding a 40% pay raise over escalating tensions.

Boeing faces massive temporary furloughs amid a strike by 33,000 workers demanding a 40% pay raise over escalating tensions.

Boeing is facing significant challenges as CEO Kelly Ortberg announced plans to furlough a large number of employees amid an ongoing strike by union machinists. The strike, which began last week, involves around 33,000 factory workers in the Pacific Northwest who rejected a pay raise proposal. Instead of the offered 25 percent increase over four ...

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Amid financial turmoil, SpiceJet seeks to raise Rs 3,000 crore, battling significant dues and investor skepticism.

Amid financial turmoil, SpiceJet seeks to raise Rs 3,000 crore, battling significant dues and investor skepticism.

SpiceJet, facing significant financial challenges with dues over Rs 601 crore, has successfully attracted interest for its Rs 3,000 crore share sale to qualified institutional buyers. The placement has reportedly been oversubscribed, drawing attention from various investors, including several family offices. The funds raised will be crucial for the airline to settle outstanding statutory liabilities, ...

Market News

Ather Energy aims to raise Rs 4,500 crore for expansion amidst India’s booming EV market, despite widening losses and fierce competition.

Ather Energy aims to raise Rs 4,500 crore for expansion amidst India’s booming EV market, despite widening losses and fierce competition.

Ather Energy, an Indian electric scooter manufacturer, has filed for a ₹4,500 crore (approximately $536 million) initial public offering (IPO) at a valuation of $2.5 billion. This move comes as the company aims to enhance its presence in the booming electric vehicle Market, following the recent IPO of competitor Ola Electric. From the total offering, ...

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