Essayer OR - Gratuit
Morbi ceramic units halt production
Financial Express Bengaluru
|March 19, 2026
SUPPLY BOTTLENECK
THE WEST ASIA crisis has forced a large-scale production halt in Gujarat’s Morbi ceramic cluster, with over 400 of around 700 units suspending operations till mid-April amid disruptions in propane and natural gas supplies from the Gulf.
The shutdown marks a fresh setback for an industry already grappling with export headwinds.
The Morbi cluster, which accounts for a significant share of India’s ceramic tile output and has an annual turnover of about ₹70,000 crore, relies heavily on imported fuel to run its kilns. Industry executives told FE that units had begun shutting in phases as fuel availability tightened and prices hardened following supply disruptions linked to the conflict.
Cette histoire est tirée de l'édition March 19, 2026 de Financial Express Bengaluru.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Bengaluru
Financial Express Bengaluru
Suvendu: TMC procured 700 'fake' fingers
LEADER OF OPPOSITION in the West Bengal Assembly Suvendu Adhikari on Tuesday alleged that a Trinamool Congress councillor had procured “hundreds of artificial fingers” to facilitate bogus voting in the high-profile Bhabanipur constituency, a charge dismissed by the ruling party.
1 min
April 29, 2026
Financial Express Bengaluru
Bank, auto stocks drag benchmarks down
BENCHMARK INDICES SENSEX and Nifty buckled under selling pressure on Tuesday as a sharp rally in oil prices and foreign fund outflows amid persistent geopolitical uncertainties dented investors’ sentiment.
1 min
April 29, 2026
Financial Express Bengaluru
Maruti profit slips 7% on higher costs & tax outgo
REVENUE JUMPS 28% IN Q4, AHEAD OF ESTIMATE
1 mins
April 29, 2026
Financial Express Bengaluru
BJP looks to breach TMC's south fortress
WHEN WEST BENGAL votes in the second and final phase of the Assembly elections on Wednesday, it will not only be choosing 142 MLAs across the state’s political heartland, but also deciding whether the TMC still holds its southern fortress or the BJP has finally found a viable road to power.
1 mins
April 29, 2026
Financial Express Bengaluru
We are reducing dependency on ULIPs'
SBI Life Insurance will continue to leverage over 27,000 SBI and regional rural bank branches through the bancassurance channel, even as it strengthens other channels.
2 mins
April 29, 2026
Financial Express Bengaluru
Microfin Q4 asset quality improves on better underwriting standards
THE MICROFINANCE INDUSTRY recorded a significant improvement in asset quality in the March quarter, with the 30+ days past due (DPD) delinquency rate dropping to 2.3% —the lowest level seen in recent times, the Microfinance Insights Report (April 2026) released by Equifax showed on Tuesday.
1 min
April 29, 2026
Financial Express Bengaluru
Sebi gives relief to debenture trustees
SEBI ON TUESDAY extended the deadline by six months till October 27 for debenture trustees to comply with the mandate to segregate activities that fall outside the regulatory ambit of the market watchdog.
1 min
April 29, 2026
Financial Express Bengaluru
Star Health Q4 profit surges to ₹111 crore
STAR HEALTH, THE country’s largest standalone health insurer, reported a sharp rise in fourth-quarter net profit at %111 crore,up from 51 lakhin the year-ago period, aided by growth in retail premiums, improved underwriting, and lowerloss ratios.
1 min
April 29, 2026
Financial Express Bengaluru
Snabbit raises $56 mn, to expand to new cities
QUICK HOME SERVICES platform Snabbit has raised $56 million in a Series D round coled by Susquehanna Venture Capital, Mirae Asset Venture Investments, and Bertelsmann India Investments, which is doubling down on its investment in the company.
1 mins
April 29, 2026
Financial Express Bengaluru
'Firing on all cylinders': OpenAI on growth fears
OPENAI PUSHED BACK against concerns over its sales growth, saying its consumer and enterprise businesses are “firing on all cylinders” despite a report about the AI startup missing internal targets.
1 mins
April 29, 2026
Listen
Translate
Change font size

