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
RBI bars Kotak Bank from adding customers digitally
The reserve bank of india (rbi) has imposed strict restrictions on kotak mahindra bank, a third-most valued private bank in india, for failing to fix its it systems over the past two years. the bank was asked to stop functions cited "with immediate effect"
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
From Russian funds with love: Plan mooted to tap rupee balance in special accounts
Russian financial institutions have been negotiating with the reserve bank of india (rbi) to use the rupees in special accounts in india for investment in stocks and securities. currently, 10 russian institutions, including its largest lender, have registe
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Samsung way ahead of Its rivals in local value addition
This is partly because samsung has been manufacturing mobile phones as well as other appliances locally in india much before the government's production-linked incentive scheme came into force and boosted india to become the second largest mobile phone man
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Spices exports to Hon Kong, Singapore to undergo mandatory testing
The indian government will conduct mandatory testing for ethylene oxide (eto) contamination in its spice exports to singapore and hong kong, following a ban on certain spices by indian brands mdh and everest. the move follows allegations of eto presence in
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
JioCinema may disrupt SVOD market with low pricing plan
The new pricing is a significant drop from its ₹999/year and ₹99/month plans, which offered only hollywood content. unlike the existing plans, the new plans will be ad-free, the company said. jiocinema premium will provide users with web originals, mov
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Macquarie drops plan to sell India clean energy company Vibrant
Vibrant, a portfolio company of macquarie's green investment, is currently operating and delivering 1.9 gw of renewable energy solutions to corporate clients across india. it has an active pipeline of 3 gw. the company was in discussions with several playe
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Offshore wind capacity of 1GW may be auctioned in first 100 days of new govt
India could bid out 1 gw of offshore wind capacity under the viability gap funding (vgf) scheme and issue guidelines for the pm-surya ghar muft bijli yojana within 100 days of the next government taking charge. the pm-surya ghar muft bijli yojana, launched
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Battery recycling shatters the myth of EV waste
Traditional methods of ripping materials out of the ground and refining them for battery backs requires enormous amounts of energy. as a result, the initial carbon footprint of an ev is higher than a comparable internal combustion engine vehicle.those upfr
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Embassy aims to take WeWork India public after acquisition
Post the acquisition, the bengaluru-based property developer will own 100% of wework india. of the total, embassy will sell 40% stake to enam group, a91 partners, caratlane founder mithun sacheti, and others for ₹1,200 crore, said the people cited above.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
AI-powered EV batteries: The next welcome change
Battery development is typically a slow and laborious process, with extensive testing and retesting. measuring how long a battery will last, for example, can involve charging and discharging thousands of times. using ai, developers can cut down the time an
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Large utility vehicles race past compact cars in growth lane
While compact suv models - defined as per body type and ground clearance - are driving the surge in the overall passenger vehicle market on account of their larger share in absolute terms, bigger uvs are fast catching up.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
NTPC-NPCIL JV may invite bids for work on Rajasthan nuclear power unit this FY
Ntpc ltd and the nuclear power corporation of india are seeking bids for the mahi banswara rajasthan nuclear power project in the current financial year. the project, estimated to cost around ₹44,800 crore, is part of the government's target to increase
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Kedaara Capital closes largest India PE fund at .74 bn; no single individual investor got allocated more than 6% of fund
Kedaara capital has closed its .73 billion fund, kedaara iv, the largest fund raised by an india private equity fund in 12 years. the fund, which will be its fourth in 12 years, was raised in just four months beginning last december and would even surpas
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Buyer sentiment strong in housing segment, says Magicbricks survey
The real estate platform unveiled its flagship housing sentiment index (hsi) report, reflecting a positive outlook for the residential real estate market, with an overall hsi of 149. ahmedabad took the lead with the highest hsi of 163, closely trailed by k
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Tesla's cheaper car push may put India, Mexico in back seat
The world's top ev maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines. "this update may result in achieving less cost reduction than previously expecte
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
GAIL plans to expand LNG trading business to global markets
Gail plans to double its lng trading volume by 2030, gupta said, without specifying the current size of its business. "we have expertise in gas. we have been procuring from so many geographies. we have sold several us cargoes to multiple customers," said g
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
Kotak Mahindra case: Indian banks caught between growth targets and an unforgiving regulator
Kotak mahindra bank is in the latest in the line of entities in financial services which has been pulled up for various lapses. hints are that more could be penalised for dropping the ball - particularly if they had chosen to disregard warnings and red fla
Tag: Industry India Source: indiatimes.com Dated: 2024-04-25
French pet food maker Royal Canin opens new plant in Maharashtra with ₹100 crore investment
The new packaging center, which is royal canin’s first facility in india, will have automatic packing machines and associated utilities installed for conversion of bulk products into retail packs catering to indian pet owners requirements. the company di
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
From germ-free to delicate fabric care, here’s how to choose an ideal washing machine for your home
Explore a range of washing machines on flipkart tailored to your needs. from germ-free clothes to quick laundry, find the perfect match with exchange offers and no-cost emi options, ensuring a seamless upgrade to your laundry routine.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
SKA Group to invest Rs 592 crore to develop a luxury residential project in Greater Noida
Ska group to invest rs 592 crore in luxury project ska destiny one, greater noida. sanjay sharma plans 5-year completion for 645 units across 3 towers. completed projects include ska metro ville, skardi greens.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Bullet Train: Completion date depends on award of all tenders, says Railways in RTI reply
The indian railways is unable to determine the completion date for the mumbai-ahmedabad high speed rail project (mahsrp) due to the lack of awarding of work tenders. the national high speed rail corporation limited (nhsrcl) has stated that the completion d
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
JioCinema set to disrupt SVOD market with Rs 29 per month subscription pack
Viacom18's jiocinema is shifting to a hybrid monetization model, placing indian gec and movie content behind a paywall at rs 30/month or rs 300/year. live sports remain free. the move aims to boost revenue, leveraging ipl for rollout. post-coi approval, ji
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Eldeco scales up platform with HDFC Capital to Rs 850 crore
Eldeco infrastructure and properties, part of the eldeco group, has raised rs 350 crore from hdfc capital advisors limited for their joint platform to develop residential projects across india. the platform aims to generate rs 8,000 crore from 17 projects.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
FSIB recommends Rana Ashutosh Kumar Singh for MD position in SBI
Rana ashutosh kumar singh recommended by fsib for sbi md post, pending appointments committee of the cabinet approval under pm modi's leadership. fsib, led by bhanu pratap sharma, conducted the selection process. singh currently serves as sbi's deputy md.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Indian Railways targets raking in Rs 5,400 crore from scrap sale
Indian railways targets rs 5,400 crore from scrap sales in fiscal 2024-25, a 3.8% increase from the previous year. railway units instructed to maintain a zero scrap balance and minimize aged scrap. northern railways aims for rs 530 crore. scrap includes va
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Tata Passenger Electric Mobility to supply 2,000 XPRES-T units to Vertelo
Tata passenger electric mobility secured a 2,000 unit order for xpres-t electric sedans from vertelo, enhancing its market share in fleet electrification amid india's ev revolution.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Govt favours level playing field in telecom amid satcom entry
The government is committed to maintaining a fair "level-playing field" in the telecom sector, especially regarding satcom services. spectrum will be allocated administratively but at fair pricing. a letter will be sent to trai for suggestions on pricing a
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
IHG Hotels & Resorts to double presence in India with 100 operating hotels in five years
Ihg hotels & resorts announces plans to double its presence in india to 100 hotels within five years. strong signing performance in 2023 led to deals across luxury, premium, and essentials categories, with a focus on midscale and upper midscale segment
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
MP Board 12th result 2024: Check toppers list their marks and districts
Mp board 12th toppers list: the mp board has unveiled the eagerly awaited class 12 results, bringing relief to over 21 lakh students. accessible via the official website, https://mpresults.nic.in/, along with district-wise toppers list. the exams, held bet
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
RBI asks Kotak Mahindra Bank to stop issuing fresh credit cards, onboarding fresh customers via mobile banking
The reserve bank of india (rbi) directed kotak mahindra bank to halt new credit card issuance and customer onboarding via online and mobile banking due to identified operational deficiencies. this move, aimed at safeguarding customer interests, is part of
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
MP Board 10th result 2024: Check toppers list their marks and districts
The madhya pradesh board of secondary education (mpbse) has announced the class 10 result. the mpbse has also announced the toppers list for the 2024 exams. over 16 lakh students participated in the high school and inter board exams held from february 5 to
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
Volvo's ex30, a china-made ev, challenges tesla with geely's cost-efficiency and volvo's quality. it symbolizes china's ev dominance, u.s. tariff challenges, and the evolving global ev market landscape.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
MP Board Class 10th, 12th Result 2024: MPBSE result site not opening? Here are other ways to check your result
Mpbse will release class 10 and class 12 exam results today. exams held from feb 5 to feb 28 for class 10, and from feb 6 to mar 5 for class 12. results available on mpresults.nic.in or mpbse.nic.in. if sites crash due to traffic, other methods are availab
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
IGX launches ssLNG contracts, to take gas availability beyond national grid
"the introduction of sslng contracts on igx aims to address the growing gas demand from industries and cgd (city gas distribution) companies that do not have access to pipeline networks," igx said in a statement.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Billionaire Zoho CEO Sridhar Vembu, one of the richest Indians, now owns an electric three-wheeler
Zoho ceo sridhar vembu showcases his new electric three-wheeler, montra, lauding its features and practicality. with a net worth of .75 billion, he prefers it for shorter trips over his tata nexon ev.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
India's pharma exports rise 10% to USD 27.9 bn in FY24
India's pharmaceutical exports surge 9.67% to usd 27.9 billion in 2023-24, despite a 3% dip in total exports. march sees a 12.73% rise to usd 2.8 billion. us remains the top market, comprising over 31% of exports, followed by the uk and the netherlands. gr
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Debt-free Orchid Pharma charts out growth plan
Orchid pharma, backed by dhanuka group, focuses on cephalosporin antibiotics. expansion plans include a new facility, enmetazobactam launch, and mergers for sustainable growth and reduced import reliance.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
High Net Worth Individuals bets on fractional ownership of commercial real estate
Investors prefer fractional ownership in commercial real estate for diversification. sebi guidelines enhance safety. top locations include bengaluru, pune, mumbai, delhi ncr. interest grows in stable real estate investments across india.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
HBits forays into Pune property market, acquires asset in CyberCity Magarpatta
Fractional ownership platform hbits is looking to raise over rs 55 crores for a pre-leased commercial asset it has acquired in pune marking its foray in the second largest city in maharashtra.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Optimizing gut health: Avoid these foods for better digestive wellness
Protect your gut health by avoiding certain foods. processed foods, artificial sweeteners, high-sugar items, fried foods, alcohol, and processed meats can harm gut bacteria and cause inflammation, leading to digestive issues. opt for whole, nutrient-rich f
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
AIMA witness 20 pc growth in registration for MAT entrance exam in 2023 over pre-Covid era
All india management association observed a 20% increase in mat registrations in 2023 compared to the pre-covid period. the growth includes expanded test centers, more women candidates, and increased registrations from tier ii and iii cities.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Faridabad Noida Ghaziabad Expressway: 30mins travel time, route, distance, IIT link
Faridabad noida ghaziabad expressway: when completed, the faridabad noida ghaziabad expressway will be a huge help to people who commute between faridabad and ghaziabad and noida.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
MP Board Result 2024: Know how to download MPBSE Board class 10th, 12th results online, via SMS and DigiLocker
Mp board class 10, 12 result 2024: the madhya pradesh board of secondary education (mpbse) is set to announce the results for mp board class 10 and 12 exams on april 24. exams for class 10 were held from february 5 to 28, and for class 12 from february 6 t
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
IPL rights: Will consolidation rain sixes for broadcasters, or will it hit advertising run rate?
Broadcasting rights for the ipl, which are among the most lucrative in the country, are set to get consolidated from next year. will this consolidation rain sixes for broadcasters, or will it impact the advertising run rate?
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Hitachi Energy eyes expansion in India amid rising power demand
Hitachi energy plans to establish global capability centers in india, particularly in hyderabad and pune, to meet the rising energy demand and promote renewable energy generation, aligning with india's ambitious 500 gw target by 2030.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
China's EV survival game creates peril - and power
China's ev market experiences fierce competition as new models flood the market, leading to price reductions. innovative approaches by companies like hesai and launch design are reshaping the industry dynamics and accelerating ev development.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
JioCinema teases a new 'Ads Free' subscription plan
Jiocinema live-streams ipl 2024 with ads, teasing an ad-free tier. a new plan launch on april 25th. merger between reliance industries and walt disney to create a tv and streaming platform in india.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Smart appliances firm Karban raises Rs 8.9 crore seed round led by All In Capital, Titan Capital and Rainmatter
Karban envirotech, a firm that manufactures energy-efficient electronic appliances, has raised a seed funding of rs 8.93 crore. titan capital, rainmatter and all in capital led the seed round.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Bankruptcy court admits Punjab National Bank’s insolvency resolution plea against Arshiya
Punjab national bank's cirp plea against arshiya ltd has been approved by mumbai nclt, with nitin vishwanath panchal being appointed as rp. officers have been asked to provide findings within a week.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Bharti Airtel says it has no desire to buy out Vodafone Plc’s share and up stake in Indus Towers
Bharti airtel denies plans to increase its stake in indus towers, contrary to reports. airtel asserts its commitment to maintaining indus's financial stability, crucial for its telecom infrastructure. speculations of airtel acquiring vodafone's stake could
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Baba Ramdev's bigger sorry! Patanjali's apology ad larger than before after Supreme Court criticism
Patanjali misleading ads case: yoga guru baba ramdev and his associate balkrishna issued a renewed and prominent apology in major newspapers on wednesday for the misleading advertisements of patanjali's medicinal products, following criticism from the supr
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
APEC Gen Zs and Millennials seek to maximize travel experience with one loyalty programme: Marriott
The company said marriott bonvoy carried out the survey of 1,000 respondents across ten markets in apec including india to better understand the shifting attitudes of millennials and gen zs and their travel behaviors. marriott said the survey identified tr
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Why Elon Musk may not drive Tesla to India anytime soon
Tesla delays new factory investments, focusing on capex efficiency. model 2 launch canceled, musk hints at new models. rivian shifts to produce r2 suvs in the u.s., abandoning plans for a new plant.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
HUL expects improvement in FMCG demand with no price hike in short term
"we expect fmcg demand to continue improving gradually. forecast of above-normal monsoons and improving macroeconomic indicators augur well. we expect price growth to be a low single-digit decline in the first half of fy24," said tiwari during earning call
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Grew Energy bags order to supply 200 MW solar equipment
The delivery of solar modules and its spare parts have to be completed spanning over a nine-month duration. "we are equipped with the technology and have the bandwidth to contribute to multiple solar products across the country," vinay thadani, ceo and dir
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
ASK Automotive, AISIN Group enter into JV for passenger car segment
Auto parts maker ask automotive on wednesday said it has entered into a joint venture pact with japanese auto components supplier aisin group companies in the passenger vehicle space. as part of the collaboration, the two partners will market and sell the
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Goldman Sachs, BofA shareholders reject proposals for CEO-chair split
Goldman sachs has hired sunil khaitan and kamna sahni as head of financing and m&a respectively in india. both have previously worked at bank of america, with khaitan as the bank's southeast asia head of equity capital markets and sahni as a director i
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
India's first multi-purpose green hydrogen pilot project inaugurated
the project is the nation's first multi-purpose (combined heat and power) green hydrogen generation plant with the capability to cater to the high-velocity oxygen fuel (hvof) coating facility of njhps to meet its combustion fuel requirements, in additio
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
Sampling and grading of coal at 427 mines completed; new grades to be applicable for FY24
The coal controller's organisation (cco), having its field offices at dhanbad, ranchi, bilaspur, nagpur, sambalpur, and kothagudem, carried out the exercise of drawing the coal samples and its analysis from coal and lignite mines for the ongoing financial
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
NIPER Guwahati signs MoU with ASEAN-India Network of Universities on Faculty and Student Exchange, Joint Research
Dr usn murty, director niper guwahati signed the mou with prof. abhay kumar singh, vice chancellor of nalanda university, the nodal institution of asean-india network of universities.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-24
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