Industry India NEWS. Stock Market NEWS Updated Daily

Industry India NEWS. Stock Market NEWS Updated Daily

Nifty Thu 30 April 2026

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Industry India NEWS. Stock Market NEWS Updated Daily

Mitsubishi moves to exit NTPC project

Mitsubishi, the japanese conglomerate, is poised to exit a power project located in west bengal, prompting discussions with ntpc regarding the financial implications. the company has tabled an offer for penalties associated with their withdrawal from the i
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Thomas Cook India adds 16 currencies to its prepaid forex cards

Thomas cook india has increased its prepaid forex card offerings to 28 global currencies. this expansion caters to growing travel demand to emerging destinations. customers can now transact seamlessly in more local currencies. the company also offers quick
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Banks asked to expand digital infra for last-mile reach

Financial services secretary m nagaraju on wednesday reviewed the progress of financial inclusion schemes with public sector banks (psbs) and major private banks.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Finance Secretary reviews PSU insurance strategy

Financial services secretary m nagaraju reviewed strategy documents for four public sector insurance companies. he directed them to boost investment opportunities and cut loss ratios. the companies must also maintain market share. strengthening retail port
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

The Executive Centre ramps up Mumbai, Pune presence with 90,000 sq ft office space

The executive centre is set to make waves in mumbai and pune with an impressive expansion of around 90,000 square feet of top-tier office space across three new locations. this initiative is a direct response to the skyrocketing demand for adaptable, grade
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

UCO Bank sees no MSME stress from US tariffs, Iran war

The public sector bank's chief executive, ashwani kumar, told et that its loan portfolio performance behaviour is healthy on a year-on-year basis. the bank's special mention accounts in the msme portfolio having exposure of ?1 crore and above reduced to 1.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

HUL to take calibrated price hikes amid cost pressures; demand situation stable: CEO Priya Nair

Hindustan unilever will implement calibrated price increases to counter rising input costs, focusing on volume-led growth. the company remains confident in its ability to protect volumes in daily essential categories due to low price elasticity. hul is als
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Reliance Retail buys Priyanka Chopra Jonas’ Anomaly in beauty expansion push

Reliance retail has acquired priyanka chopra jonas's global haircare brand anomaly. this move expands reliance retail's beauty and personal care offerings. anomaly is known for its clean, vegan, and affordable products. reliance retail plans to scale the b
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Government reviews households with dual LPG, PNG connections

The government is identifying households with both lpg and png connections. this move aims to stop dual ownership and prevent subsidy misuse. households with piped natural gas connections must now surrender their domestic lpg connections. this policy is be
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Indian April gold imports fall to near 30-year low as tax demand hits shipments

India’s gold imports in april are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% igst demand by customs, industry and government sources said. banks, which handle most gold imports, stopped clearing consi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Gujarat Cotex to raise nearly Rs 43 cr through rights issue

Gujarat cotex is set to raise approximately rs 43 crore through a rights issue to fund its expansion projects, including a new premium hotel. the issue, offering six shares for every one held, opened on april 10 and closes may 8. proceeds will also bolster
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Times Music acquires Catrack Entertainment, doubles down on Punjabi catalogue strategy

Times music has acquired catrack entertainment, a significant move to boost its regional music collection. this deal brings a valuable punjabi music catalogue from the 1990s into times music's ownership. the company aims to monetize this legacy content thr
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Powergrid board approves proposal to raise Rs 4,000 cr from SBI

Power grid corporation of india has secured a significant financial boost. its board approved raising up to rs 4,000 crore. this funding will come from the state bank of india through a bank facility. powergrid, a key player under the ministry of power, is
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

From 'pure milk' to Scotch: Bihar’s secret language of liquor

Bihar's decade-old alcohol ban has not stopped drinking. instead, it has fueled a secret delivery system. coded words like 'pure milk' and 'sonapapdi' are used for alcohol. young couriers deliver liquor discreetly. this underground trade is estimated to be
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Iran war to supercharge Asia's move from fossil fuels to electrons

The u.s. and israeli conflict with iran is accelerating asia's shift to electrification, particularly electric vehicles and battery storage. this pivot is driven by the potential loss of oil and lng supplies, with significant growth anticipated in two- an
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Banks allowed to offer natural calamity relief suo motu from July 1

The reserve bank of india is enabling banks to provide immediate relief to borrowers impacted by natural disasters. banks can now offer rescheduling, moratoriums, and additional finance without waiting for borrower requests. the implementation of a new res
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Smartworks revenue rises 31% to Rs 1,796 crore in FY26; turns profitable

Smartworks achieved significant growth in fy26. revenue rose to rs 1,796 crore. the company became india's first listed flexible workspace platform to exceed 10 million square feet. it also reported its first full year of profitability. contracted rental r
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Hindustan Unilever bets on price hikes, cost cuts to counter Mideast-driven pressures

Hindustan unilever reported an 18% profit jump. the company is using cost cuts and price hikes to manage volatility from the middle east war. rising raw material costs are impacting consumer goods makers. hindustan unilever maintained its mid-term earnings
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Ashwini Vaishnaw flags off Jammu-Srinagar Vande Bharat, services from May 2

Railways minister ashwini vaishnaw launched the first direct vande bharat express between jammu and srinagar. this 20-coach train connects the two capitals of jammu and kashmir. the service will reduce travel time and boost tourism. prime minister narendra
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

India’s credit card market expands to 119 million, PSU banks gain in spends

India's credit card market has surpassed 119 million cards. hdfc bank, sbi cards, icici bank, and axis bank dominate this sector. hdfc bank is expanding its lead in both card numbers and spending value. public sector banks are showing strong growth, especi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Road ministry to prioritise slope stabilisation

Road safety in hilly regions is set to improve. the ministry of road transport and highways will now focus on stabilizing slopes before building roads in mountainous areas. this initiative aims to ensure long-term safety and durability of road infrastructu
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Centre proposes rules to recognise higher ethanol fuels

India's road transport ministry is set to update vehicle emission rules. higher ethanol fuels like e85 and e100, along with b100 biodiesel, will now be part of the country's emission testing and certification. this move aims to formalize the inclusion of t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Renault redraws India playbook with major operational rejig, export ambitions in focus

Renault is reorganizing its indian business. the company is separating powertrain manufacturing into a dedicated unit. vehicle manufacturing and sales will be integrated. this move aims to boost india's role as an export base. renault targets 2 billion eur
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

India used car market expected to double to billion in five years: Report

India’s used car market is projected to double to about billion by 2031 from billion currently, driven by rising affordability, shorter ownership cycles and increasing demand, according to a report by redseer strategy consultants.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Renault restructures India operations in export-focused reset

Renault india is reorganizing its business. powertrain production will become a separate unit. vehicle manufacturing and sales will be integrated. this aims for clearer operations and supports india's role as a manufacturing and export hub. the company exp
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Roblox appoints former AWS senior executive Sunil Rao as MD for India

Roblox has appointed former amazon web services executive sunil rao as managing director for its india operations. rao will lead the company's strategy, foster partnerships, and support the creator ecosystem in india. his role will focus on empowering loca
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

HUL is caught in a war of costs as Middle East conflict flares

Hindustan unilever celebrated a solid profit for the march quarter, yet issued a caution regarding escalating geopolitical tensions. the ongoing conflict in iran is predicted to influence both commodity prices and currency stability. in response, managemen
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Oil shock will hit Asia harder than the 1970s

Asia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. this is driving a significant shift towards clean energy alternatives, with electric vehicles and solar power adoption acc
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Skoda Auto Volkswagen India opens 33,000 sq. ft. R&D wing in Pune

Skoda auto volkswagen india inaugurated a new 33,000 sq. ft. wing at its technology centre pune, aiming to become a global r&d hub. this expansion enhances localization, supports export markets, and strengthens the group's role in automotive innovation
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Standard Chartered to sell bulk of Indian credit cards to Federal Bank

Standard chartered is selling a significant portion of its indian credit card portfolio to federal bank. this move aligns with standard chartered's strategy to concentrate on its wealth management business in india. the deal is expected to be finalized by
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Tata Power, Keppel partner Tata Realty to deploy large-scale cooling-as-a-service at Chennai tech park

Tata power trading company, keppel limited, and tata realty are launching a major cooling service at intellion park in chennai. this project will provide efficient cooling for the it corridor. the initiative aims to significantly cut energy use by over 20
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Federal Bank to acquire StanC India credit card portfolio

Federal bank is set to acquire a significant credit card portfolio of approximately 4.5 lakh cards from standard chartered bank, india. this strategic move aims to bolster federal bank's existing card base, particularly in top indian cities, and enhance it
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Smartphone buyers prioritise AI, performance and style over specs alone

Indian smartphone buyers now focus on personal style and ai capabilities. colourful phones and ai features significantly influence choices, especially for women, gen z, and tier-ii consumers. value for money and brand trust remain key. consumers are making
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Rising temperatures spark comeback for India's consumer durables sector: Report

India's consumer goods sector is seeing a strong rebound. rising temperatures are boosting sales, especially in southern regions. while april sales were flat, the coming months look promising. companies are increasing prices to manage costs. premium produc
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

West Asia War: Bulk diesel buyers switch to pumps, add to OMC losses

West asia war: oil companies face a 30-50% drop in diesel sales to bulk customers. large buyers are now purchasing fuel from retail pumps where prices are about ?50 per litre cheaper. this shift is extending losses for oil marketing companies. state transp
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Ramky takes over Skylark's stalled projects

The swamih investment fund is set to inject up to ?600 crore into ramky estates, breathing new life into stalled residential projects across bengaluru. this crucial funding will provide much-needed relief to over 1,800 homebuyers awaiting their dream homes
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Weight-loss drugs may also help cut alcohol intake: Study

A new study shows glp-1 drugs like semaglutide may help reduce heavy drinking. a trial found weekly injections cut heavy drinking days by half. this drug, also used for obesity, showed significant results in adults with alcohol use disorder. the finding
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

No LPG shortage, government clarifies amid West Asia crisis; urges public to stop panic buying

Domestic lpg supply remains at 100 percent amid the west asia crisis. no dry-outs have been reported nationwide. online lpg bookings are nearly 98 percent. oil marketing companies are ensuring uninterrupted supply. the public is urged to avoid panic buying
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Noida International Airport effect: Faridabad’s long-stalled realty market eyes breakout after decades in NCR shadow

The noida international airport is poised to revitalize faridabad's real estate market, which has historically lagged behind other ncr hubs. improved connectivity to the airport and other key corridors is expected to drive demand for residential and commer
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Sony Pictures Networks India CHRO Manu Wadhwa transitions to advisor role

Manu wadhwa will move from chief human resources officer to strategy advisor at sony pictures networks india starting july 1, 2026. she will advise the leadership team on key strategic priorities. the company will search for a new chro. wadhwa has been ins
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

First-time borrowers climb to 4.4 crore despite tighter lending norms: Report

India's new borrowers have reached 4.4 crore, boosting credit growth and financial inclusion. lenders are more selective, yet this segment remains vital. women's participation is increasing significantly. consumer durable loans are the main entry point. ma
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

PepsiCo bets on zero-sugar drinks, digital push to drive India growth

Pepsico plans to shift nearly all india beverages to zero or low sugar, expand capacity, and leverage digital data, quick commerce and changing consumer trends to fuel long-term growth.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

India needs rapid scale-up in power capacity: Sagar Adani

Speaking at the economist's resilient futures summit in new delhi, he said the ability to create large-scale infrastructure with purpose will determine how well countries withstand global disruptions.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Govt issues SOP for international flights on hub & spoke model; Air India to start trial in June

India is set to launch a new hub and spoke aviation model. the civil aviation ministry has released standard operating procedures. air india will begin trials in june. this system aims to connect domestic flights to international destinations smoothly. pas
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Exclusive: Casagrand to add 3.98 mn sq ft in Hyderabad, launch its second-largest residential project 'Casagrand Vybe'

Casagrand is boosting its hyderabad presence with 3.98 million square feet of new developments. the company is launching 'casagrand vybe', its largest residential project in the city. this expansion is fueled by high demand for luxury and premium homes. hy
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Govt deliberates on financing mechanism to push adoption of e-bus, e-truck in private sector

The ministry of heavy industries convened a high-level meeting to explore financing mechanisms for accelerating private sector adoption of electric buses and trucks. discussions focused on identifying and addressing challenges in ev financing, with partici
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Nationwide trial of mobile-based disaster alert systems going on; citizens ignore test message: DoT

India is currently testing a new mobile-based disaster alert system. citizens may receive test messages on their phones. these alerts are part of a nationwide trial by the department of telecommunications and the national disaster management authority. the
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Global consumer companies stay bullish on India

Global consumer firms are seeing strong demand in india. companies like mondelez, coca-cola, pernod ricard, reckitt benckiser, and carlsberg reported double-digit growth in the march quarter. this follows a period of volatility. recent gst changes are now
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

West Asia crisis drives up fuel losses for OMCs: ICRA

At crude prices of 0-125 per barrel, marketing margins are estimated at around negative rs 14 per litre for petrol and rs 18 per litre for diesel, according to the ratings agency. for every per barrel increase in crude prices, fuel marketing losses r
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Siguler Guff invests million in Cinnabon operator Trimex Foods

Us private equity firm siguler guff has invested million in trimex foods, the indian franchise partner for chili's, paul, and cinnabon. this strategic investment aims to accelerate trimex's pan-india expansion and onboard new global brands, reflecting
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

MFIs bounce back after 11 quaters of contraction and write-offs

India's microfinance sector showed a strong rebound. the loan portfolio expanded significantly in the march quarter. this marked a recovery after a long period of contraction and write-offs. delinquency rates had also declined. this positive trend is expec
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

There is no future for petrol and diesel vehicles, Nitin Gadkari says

India is phasing out petrol and diesel vehicles. union minister nitin gadkari stated there is no future for these fuels. manufacturers must switch to cleaner alternatives. hydrogen and ethanol are highlighted as key fuels. india is already producing ethano
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Tata Motors files record 144 patent applications in FY26

Tata motors achieved a record with 144 patent applications in fy26. these innovations target vehicle safety, reliability, and occupant comfort. the company is also investing in sustainable mobility, including electric and hydrogen-powered vehicles. this st
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Hike in milk price necessary, will be implemented: Kerala's Milma

State-run dairy cooperative milma will soon increase milk prices. chairman k s mani stated the hike is necessary for the company's progress and to support dairy farmers. discussions on the quantum of increase are underway. the decision was delayed due to e
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

The 9 pm rule inside India’s predictable summer shopping pattern

India's summer consumption reveals a nationwide pattern: ice cream orders consistently peak at 9 pm, with demand doubling between 6 pm and 9 pm. rising temperatures drive a 300% week-on-week jump in summer category orders, favoring familiar cooling product
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

UAE's OPEC exit may not hit oil markets, say executives

Uae’s planned exit from opec is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may deepen regional tensions and reshape geopolitics in the gulf.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

UAE, Saudi Arabia bypass Hormuz to boost crude supplies to India

India’s crude imports fell as west asia disruptions hit supplies, with average intake dropping to 4.4 million barrels per day in april 1–26, about 15% below february levels. however, steady flows from saudi arabia and higher shipments from the uae helped o
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

A 22-day oil clock ticks down in Iran as Strait of Hormuz blockade tightens chokehold

Iran faces a critical shortage of oil storage. unused capacity is dwindling, potentially leading to significant production cuts. a us-led blockade is severely impacting exports through the strait of hormuz. this situation is contributing to a global oil pr
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18

Indian oil companies face substantial losses on petrol and diesel sales. elevated crude oil prices are squeezing marketing margins. cooking gas lpg is projected to incur an rs 80,000 crore under-recovery this fiscal. fertiliser subsidies are also set to ri
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

IndusInd is under lens over recovery incident

Indusind bank executives are now facing inquiries from law enforcement as two separate incidents of alleged assault by recovery agents over credit card debts come to light. amid growing concerns, the reserve bank of india demands clarification on the bank'
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-29

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