Industry India NEWS. Stock Market NEWS Updated Daily
Industry India NEWS. Stock Market NEWS Updated Daily
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Industry India NEWS. Stock Market NEWS Updated Daily
PNC-KKR Rs 9,000 crore deal : Approval for 8 assets received from NHAI, two more by January end
Pnc infratech gains in-principle nhai approval to transfer a 100% stake in two subsidiaries managing bundelkhand and khajuraho road projects to kkr-backed highways infrastructure trust. the deal is on track to close by march 31, 2025, aligning with pnc's s
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Maruti Suzuki E-Vitara walk-around | The EV that can disrupt the market
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Kuchh namkeen ho jaaye: Crunch time in FMCG sector
Traditional indian snacks, or namkeen, have dominated the fmcg sector, with sales reaching nearly 50% of the salty snacks market in 2023-24. major players like pepsico and tata consumer products are venturing into this lucrative market. the increasing tren
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Apple sets a new India office property market benchmark with record lease deal
Apple inc has signed a long-term lease for a 6,526 sq ft office space in mumbai's bandra-kurla complex at rs 738 per sq ft, breaking previous lease records. this marks another milestone in its expansion in india, following the opening of its first flagship
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
NTPC arm starts partial commercial operations of 200 MW-solar project in Gujarat
Ntpc's subsidiary, ntpc rel, has commenced partial commercial operations for a 200 mw solar project in gujarat, with 25 mw officially commissioned. the project, located at sadla, was announced to be operational from january 17, 2025, according to a regulat
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Sellwin Traders signs million MoU with UAE firm, posts 90% jump in Q3 income
Sellwin traders reports a 90% income jump and signs a million deal with uae’s secorbit fzco to develop a blockchain-based tokenization platform. the company’s revenue rose to rs 17.42 crore, with net profit tripling to rs 0.75 crore. plans for globa
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Waaree Energies bags order to supply 180 MWp solar modules
Waaree energies announced on monday that it has secured an order to supply 180 mwp solar modules to a firm involved in renewable power projects in india, with supply set to begin in fy 2025-26. following the announcement, waaree energies' shares increased
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Waaree Renewable Tech bags order worth Rs 277 crore to set up 105 MW solar project
Waaree renewable technologies secured an rs 277.20 crore contract to build a 105 mwp ground-mounted solar project on a turnkey basis. scheduled for completion by 2025-26, the project involves engineering, procurement, and construction (epc) works. the awar
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Gold to regain lustre, driven by wedding purchases & price stability
Jewellery demand in india is expected to recover mid-january due to weddings and price stability. 2024 saw a record inflow into gold etfs, bolstered by global uncertainties and equity market volatility. gold's performance in november and december mirrored
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Budget 2025: India to shift focus to railways from road transport in infrastructure push, say sources
Union budget: india plans to increase its railway modernisation budget to 2.9-3 trillion rupees in 2025/26 to expand tracks and add 400 high-speed trains. meanwhile, the road network budget will see a marginal increase of 3%-4%. the road transport ministry
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
India’s Greenko founders to raise 0 million to buy Orix stake
Greenko energy holdings' founders are raising an 0 million loan through their entity am green power bv to buy a 20% stake from japan's orix corp. barclays plc and deutsche bank ag are appointed to arrange the loan, which could impact greenko's growth pl
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
‘Trump Factor’ can disproportionately influence 2025, says Kumar Mangalam Birla
Kumar mangalam birla, chairman of the aditya birla group, highlighted the significant influence donald trump’s presidency could have on global dynamics in 2025. trump, taking office as the 47th u.s. president, is expected to introduce tariffs and protect
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Centre to launch National Critical Mineral Mission to boost production: Union minister
Union minister g kishan reddy announced the upcoming launch of the national critical mineral mission to increase domestic production and reduce import dependence, with focus on offshore mining. odisha cm mohan charan majhi highlighted the state's contribut
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Jupiter Hospital to invest Rs 400 crore to set up new hospital in Ghodbunder-Mira Road
Jupiter life line hospitals has acquired land in thane to build a 300-bed hospital at an investment of rs. 400 crore. the new hospital, planned over four years, aims to serve underserved regions. jupiter, with 1061 beds, plans to expand its capacity to 250
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
EV sales must reach 50 pc by 2030 to achieve net zero goal: Bhupender Yadav
Union environment minister bhupender yadav emphasized the need for electric vehicles to constitute 50% of vehicle sales by 2030 to align with the 2070 net zero emission target. he highlighted the benefits, including co2 emission reduction and job creation,
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
South Asia's F&B leaders unite: inside Tetra Pak’s visionary leadership event
Tetra pak south asia hosted an event in november 2024, focusing on sustainability, innovation, and digital transformation in the f&b sector. highlights included sessions on consumer insights, ai-driven tools, sustainability practices, and visionary sol
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Siemens gets Rs 210-cr rail line electrification order from IRCON
Siemens ltd secures a rs 210-crore order from ircon international ltd for the electrification of the sivok-rangpo rail line, which will connect sikkim to the national rail grid. the project involves advanced technologies and predictive maintenance across t
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Will continue to spend Rs 2,000 cr per year on new CV development, capital equipment: Tata Motors
Tata motors is investing around rs 2,000 crore annually in new commercial vehicles and capital equipment development, focusing on technologies such as alternate fuels, zero emission battery electric, fuel cell electric, and hydrogen ice. the company's init
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Settlement with borrowers only after exhausting all options: RBI to Asset Reconstruction Companies
Mumbai, the reserve bank revised guidelines for asset reconstruction companies (arcs) stipulating that settlements with borrowers occur only after exploring all recovery options. arcs must have a board-approved policy detailing settlement processes, which
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Zomato braces for a bumpy ride as food delivery demand slows
Zomato expects to operate at a loss over the next year due to a slowdown in food delivery demand and accelerated investments in its quick commerce store network. despite this, the company remains committed to its long-term goal of opening 2,000 stores by d
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Bajaj Finance, Bharti Airtel join hands to create digital platforms for financial services
Bajaj finance and bharti airtel form a strategic partnership to create a digital platform for financial services. airtel will integrate bajaj finance's retail financial products into its airtel thanks app and stores, aiming to enhance penetration of financ
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Hyderabad property registrations up 7% in 2024; 58% YoY surge for above Rs 1+ crore homes
Hyderabad's home sales registrations in 2024 saw a 7% year-on-year rise, with transactions valued at rs 3,590 crore in december. properties above rs 50 lakhs climbed to 40% of registrations. premium and larger properties gained traction, medchal-malkajgiri
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
TVS King EV MAX, a connected electric three-wheeler, launched at ₹2,95,000
Tvs motor company unveiled the tvs king ev max electric three-wheeler on january 20. this eco-friendly vehicle is designed for urban commuters and offers a range of 179 km on a single charge. it features a 51.2v lithium-ion lfp battery and rapid charging.
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Spoofed Calls: Indian government combats phone scams
Government agencies and telecom companies have used a spoofed calls prevention system to block 70% of scam calls. the system has reduced the number of these calls significantly. efforts are now focused on tackling calls appearing as international, involvin
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Developers focus on high-rise development in Central Delhi as demand surges for residential complex
Post-covid, demand for high-rise gated condominiums in central delhi has surged. developers like dlf, tarc, and unity report increased sales due to enhanced security and premium amenities. luxury residential launches in delhi-ncr account for 64% among top
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
India's NMDC to extract diamonds worth .4 million from mine near tiger reserve
India's nmdc is projected to extract 6,500 carats of diamonds worth .4 million this fiscal year from stockpiles at the panna mine in madhya pradesh, after resuming operations following clearance delays. the mine halted production for over three years and
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Kamal Hinduja’s insights on combating India’s rising lung disease crisis
The rise in lung-related disorders in india is exacerbated by air pollution, tobacco use, and traditional cooking methods. kamal hinduja highlights the need for preventive measures, improved air quality, and reduction of tobacco use. the hinduja group, thr
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Amitabh Bachchan sells duplex apartment in Mumbai’s Oshiwara for Rs 83 cr
Amitabh bachchan has sold a duplex apartment in mumbai’s oshiwara for rs 83 crore, originally purchased for rs 31 crore. the apartment, previously rented to actress kriti sanon, spans over 5,704 sq ft with an additional terrace and exclusive car parking.
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Nuclear power firm wants to harness India’s untapped deposits using new American technology
India's goal to utilize its thorium deposits for energy could be advanced by us-based clean core thorium energy's new technology. the startup is seeking approvals for its fuel technology, which pairs thorium with enriched uranium, aiming to enhance nuclear
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Electric cars at Auto Expo 2025: Check out Maruti e-Vitara, VinFast VF 7 & more!
From maruti’s first electric car, the e-vitara, to vietnamese ev maker vinfast’s full lineup, check out all the electric vehicles launched or showcased at the 2025 auto expo.
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
24 companies secure Rs 3,516 crore investment in third round of PLI scheme for AC & LED components
The third round of the pli scheme for white goods has attracted commitments of rs 3,516 crore from 18 new companies and upgrades from six existing beneficiaries, aiming to boost domestic manufacturing. the scheme, focusing on components for acs and led lig
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Jammu to Srinagar Vande Bharat trial run to start soon: Check details
Indian railways is gearing up for a trial run of the vande bharat express between jammu and srinagar, aiming to boost connectivity and tourism in the kashmir valley. the train will run between shri mata vaishno devi katra and srinagar, stopping at key stat
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Tata Motors to start pilot project with hydrogen internal combustion engine trucks in March quarter
Tata motors, in collaboration with iocl, is set to pilot hydrogen internal combustion engine-powered trucks on three routes from the march quarter. the 18-month project is part of the national green hydrogen mission and aims to gather valuable data for pro
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
VE Commercial Vehicles inks pact with Baidyanath-LNG for deployment of 500 LNG trucks
Ve commercial vehicles has signed an agreement with baidyanath-lng to deploy 500 lng trucks, promoting cleaner fuel alternatives in india's long-haul transport segment. the partnership aims to enhance the lng ecosystem by deploying pro 6055 lng trucks, tra
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
India's growing middle class to drive insurance industry's growth in FY24, says Moody's
India's insurance industry is set for continued growth due to economic expansion and rising health insurance demand. premiums are increasing, driven by higher incomes and government reforms, though the sector still faces challenges such as capital adequacy
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
The segment where most of the personal loan defaults are occurring
Recent data reveals higher delinquency rates for small-ticket personal loans under rs 10,000, peaking among borrowers who secured loans between december 2023 and june 2024. this surge is attributed mainly to nbfcs lending outside the top 100 cities, accord
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
United Breweries resumes beer supplies to Telangana amid ongoing financial challenges
United breweries limited (ubl) has resumed supplies to telangana beverages corporation ltd. after halting operations due to losses and overdue payments. constructive discussions with tgbcl have led to assurances of addressing pricing and outstanding paymen
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
New "cooling-off facility" could soon mitigate mule menace as govt, RBI seek to stay a step ahead of fraudsters
The government and rbi are considering a 'cooling off facility' to temporarily block funds in bank accounts to combat online fraud through mule accounts. enhanced kyc protocols and inactive account closures are also being explored as measures to prevent di
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Heineken-controlled United Breweries to resume beer supply in Telangana
United breweries limited will resume beer supplies to telangana beverages corporation limited after productive discussions. tgbcl assured united breweries of resolving issues related to pricing and pending payments. this interim decision aims to benefit co
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
NCLT orders liquidation of Go First Airways
Nclt has ordered the liquidation of go first airways following a request from the committee of creditors, with judicial and technical members presiding over the decision. despite lessors' legal challenges and a clarified exemption from the ministry of corp
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Waaree, L&T, Reliance among 10 cos to win incentives for tranche-II of green H2 tender
L&t energy, waaree clean energy, and reliance green hydrogen were among the 10 companies to secure incentives for producing green hydrogen under india's sight scheme. the total capacity bid was 622,500 tonnes, with a maximum incentive allocation of rs
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Biocon urges government to exempt cancer, rare-disease drugs from tax in budget
India should eliminate tax on drugs for cancer treatment and chronic diseases, urged biocon's chairperson kiran mazumdar-shaw, ahead of the budget. she highlighted the heavy financial burden on patients and called for making lifesaving therapies affordable
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Budget 2025: Simplified tariff structure, lower tax on electronics sector's wish list
Budget 2025: india’s electronics industry is eyeing significant reforms in the upcoming union budget to address challenges like high tariffs, regulatory hurdles, and tax compliance. they propose a simplified tariff structure, tax reductions, and financia
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Digital Edge DC in talks to raise ₹2,400 cr for Mumbai project
Domestic and foreign lenders are vying to offer ₹2,400-crore debt to digital edge dc for its navi mumbai data center project. the financing includes both debt and equity, and lenders like sbi, axis bank, yes bank, dbs, and mufg are involved. the navi mum
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Bengaluru company launches low-cost treatment for blood cancer
Immuneel therapeutics, co-founded by kiran mazumdar-shaw, has introduced qartemi, india's second car-t cell therapy, to treat b-cell non-hodgkin lymphoma. this therapy is priced at a fraction of similar treatments in the west and offers a new option for ag
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Rising funding costs may hit NBFC margins
Nbfcs are expected to face pressure on margins due to liquidity issues and high funding costs in q3 of 2024. microfinance companies and those with high unsecured loans may see payment delays. analysts predict slowed credit growth, elevated credit costs, an
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Budget 2025: Textiles allocation for FY26 may rise 15% to Rs 5,080 crore
The textiles ministry in new delhi is expected to receive a 15% increase in allocation for fy26, reaching around ₹5,080 crore, with a significant rise in budgetary funds for the production linked incentive (pli) scheme. the government aims to expand dome
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Pepsi, Tatas look to spice up snacks market
Pepsico and tata consumer products have teamed up to develop and sell packaged snacks, integrating pepsico's kurkure brand with tata's ching's secret. this collaboration aims to compete in the fiercely growing indian snacks market, which is projected to re
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
JSW steel arm to raise ₹2.6k cr for Thyssenkrupp unit buyout
Jsw steel's entity plans to raise ₹2,600 crore via a three-year zero-coupon bond to finance its ₹3,900-crore acquisition of thyssenkrupp electrical steel india. the bond issuance will have an implied yield of 9.45%, with both jsw and jfe steel infusing
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Phase 1 of Dharavi revamp to kick off
The billion dharavi redevelopment project in mumbai, led by adani group, is set to begin with the first phase on a 6.4-acre railway land parcel in matunga west. the project, spanning 600 acres, aims to rehabilitate over a million residents and includes
Tag: Industry India Source: indiatimes.com Dated: 2025-01-20
Govt considering KIOCL-NMDC merger: Steel Minister Kumaraswamy
The government is considering merging kiocl with nmdc to tackle financial troubles, as kiocl has reported significant losses. union steel minister hd kumaraswamy attributed the situation to the non-cooperation of the karnataka government. this move comes a
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
Private hospital in Kolkata launches rooftop helipad for emergency services
Kolkata's desun hospital successfully conducted a trial run of its newly launched rooftop helipad with an agusta 109 sp helicopter, enhancing emergency healthcare services. approved by the dgca, the helipad aims to provide critical care air ambulance servi
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
Hyundai to set up 600 public fast charging stations to bolster EV adoption
Hyundai motor india will set up 600 public fast charging stations over the next seven years to enhance ev adoption, starting with 50 already established. the company launched creta electric, priced from rs 17.99 lakh, promising innovative technology and su
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
Hindalco to replace diesel vehicles with EVs across all plants in India
Hindalco industries plans to replace diesel with electric vehicles at all its plants in india to achieve net-zero carbon emissions. at the aditya aluminium plant in odisha, the company has introduced evs for fly ash transport and set up ev recharge station
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
JSW Group planning vehicles under its own brand, earmarked USD 1 billion investment: Parth Jindal
Jsw group plans to launch its own range of cars, trucks, and buses by 2027-2028, investing usd 1 billion. the group is in talks for technology partnerships and has already started setting up a facility in aurangabad. jsw mg motor india, a joint venture wit
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
JSW MG Motor forays into 'accessible luxury' electric car segment
Jsw mg motor india unveiled two new accessible luxury electric car models, mg cyberster and mg m9, at the bharat mobility global expo 2025. with these models, the company aims to lead india's electric vehicle market, targeting 30 percent ev market penetrat
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
Maruti Suzuki aims to become leading producer of EVs in one year, says MD & CEO Hisashi Takeuchi
Maruti suzuki india aims to become the leading electric vehicle manufacturer in india within a year, focusing on the production of its first battery vehicle, evitara, from their gujarat plant. set for a spring launch, evitara will have a range of over 500
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
Uttarakhand govt signs MoU with Iceland's Varkis Consulting for geothermal energy development
The uttarakhand government and iceland's varkis consulting engineers signed an mou for geothermal energy exploration and development in dehradun. this collaboration, supported by three union ministries, aims to achieve clean and renewable energy goals and
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
India wind energy on the rise to aid night-time clean power need
India achieved a seven-year high in wind power installations in 2024, adding 3.4 gigawatts of capacity, driven by rising demand for round-the-clock clean energy. wind power is essential to meeting evening power needs, particularly in high-demand summer mon
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
Lubi Industries secures contract to supply 1,400 fast EV charger
Lubi industries, a gujarat-based company, has won a contract from bharat petroleum corporation limited to install 1,400 fast electric vehicle chargers across india. these chargers, each with a capacity of 600 kw, will be installed at bpcl retail outlets. t
Tag: Industry India Source: indiatimes.com Dated: 2025-01-17
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