Industry India NEWS. Stock Market NEWS Updated Daily
Industry India NEWS. Stock Market NEWS Updated Daily
Nifty Wed 10 June 2026
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High: 23425.35
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Industry India NEWS. Stock Market NEWS Updated Daily
Cabinet approves phase 2 (A) of Ahmedabad Metro
The union cabinet has approved phase 2(a) of the ahmedabad metro rail project. this phase will cost rs 2,169.04 crore and span 6.032 kilometers with five stations. connectivity will be provided to the sardar patel sports enclave and the airport. the projec
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Coal exchange rules issued, focus on price discovery and quality
India's coal ministry has unveiled rules for the nation's first coal exchange, aiming for fair pricing and timely fuel supply. this move transitions from a 'one-to-many' sales model to a competitive 'many-to-many' platform, enhancing transparency and marke
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Centre approves Rs 1,359 crore four-laning of the Nagaur-Bikaner stretch of NH-62 in Rajasthan
The centre has approved a rs 1,359 crore project to four-lane the nagaur-bikaner stretch of national highway-62 in rajasthan. this development under the build-operate-transfer model will significantly improve connectivity in western rajasthan. the project
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
BFSI’s new trust economy: Why privacy is the quietest driver of growth
With india's dpdp framework taking shape, forward-looking financial institutions are turning privacy into a competitive advantage with support from habilelabs.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Indian banks better placed than APAC peers: Fitch on West Asia woes
India's banking sector is resilient against the economic impact of the us-israel conflict with iran, according to fitch ratings. while other apac nations face pressure from rising fuel costs and slower growth, india maintains a neutral outlook. however, sm
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Co-working platform, DK Vertex leases one million sq ft across seven centres
Dk vertex, a co-working platform, has leased one million square feet across seven centers in delhi-ncr, bengaluru, and mumbai. the company is offering 10,000 tech-enabled seats for startups and businesses. this expansion targets the growing flexible worksp
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Juniper Green Energy commissions 305 MWp of renewable capacity in Gujarat
Juniper green energy has expanded its presence in gujarat by commissioning 305 mwp of renewable energy capacity for gujarat urja vikas nigam ltd. the projects, located across surendranagar, aravalli, and devbhumi dwarka districts, include solar and wind po
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
CNG momentum to stay robust through FY27, Morbi PNG demand set for all-time high
Cng vehicle registrations and industrial gas utilization are poised for remarkable growth. with cng vehicles presenting significant cost benefits over electric and petrol options, the future looks bright. gujarat gas is gearing up for heightened lng blendi
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Airtel expands 5G footprint, rebrands Priority Postpaid as Fast Lane
Bharti airtel is expanding its 5g network across northern india, adding over 2,900 new sites. the company has also rebranded its priority postpaid service to 'fast lane'. this service offers enhanced network performance for eligible postpaid users. the mov
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Tata Consumer Products to add 50-100 Starbucks outlets annually; sees potential for 8,000 units
Tata starbucks aims for massive expansion in india, with plans to reach 8,000 stores. the coffee chain is now profitable at the operating level. this growth is driven by increasing cafe culture and a growing young population. the company is adding 50 to 10
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Life insurers' premium income up 19% in Apr-May
Life insurance premiums surged 19% to ?62,581 crore in april-may, fueled by strong individual policy sales and improved retail demand post-gst exemption. both lic and private players saw healthy gains, with overall policy numbers rising 5%. this growth hig
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Government clears 96 firms under latest textile's PLI round with Rs 12,823 crore outlay
The government has approved 22 additional companies under the textile pli scheme. this brings the total selected firms to 96. these companies are set to invest over rs 12,822 crore. the scheme aims to boost manufacturing and create jobs in key textile segm
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta platforms is investing heavily in india's digital future. the company is partnering with reliance industries to build a new data center in gujarat. this facility will support meta's global ai needs. additionally, meta is expanding its renewable energy
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Tata Consumer crosses Rs 20,000 crore revenue mark in FY26, net profit up 20%
Tata consumer products achieved a significant milestone, crossing ?20,000 crore in revenue for fy26. the company reported a 15% revenue increase and a 20% rise in net profit. growth was broad-based across india and international markets. tata consumer is w
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Hyundai's Chennai plant resumes operations after fire, targets full recovery by June 22
Hyundai motor india's chennai plant is recovering after a fire at a supplier's facility. production at chennai plant 1 was affected, but other facilities continued operations. the company sourced parts from alternative locations. chennai plant 1 is expecte
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Insider trading: Supreme Court upholds SAT clearance to Biocon MD
The supreme court has backed a tribunal's decision, clearing biocon's managing director, shreehas p tambe, of insider trading allegations from 2017. the securities and exchange board of india's appeal was rejected. tambe was accused of trading biocon share
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Hindustan Zinc signs pact with Sulfozyme Agro to advance sustainable metal recovery
Hindustan zinc has partnered with sulfozyme agro india. this collaboration aims to boost sustainable metal recovery. sulfozyme agro will operate at hindustan zinc's zinc industrial park. they will process zinc materials into value-added products. hindustan
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Canara Bank recovers over half of ?500 crore Rajesh Exports exposure, CEO outlines growth strategy
Canara bank has recovered over half of its ?500 crore exposure to rajesh exports and is pursuing legal avenues for the remaining amount. the bank's ceo highlighted reducing the cost-to-income ratio and increasing low-cost deposits as key priorities to boos
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rights
Air india, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the aaib report. it said the settlement document follows standard industry practice and is intended to ensure legal finality of comp
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Maharashtra govt decentralises land approval powers to speed up projects
Maharashtra's government has boosted the powers of district collectors and divisional commissioners. this move aims to speed up approvals for government land deals. it will help accelerate investment and redevelopment projects across the state. this reform
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Companies seek lifting of curbs on gas pipeline integration
Indian energy firms want the petroleum and natural gas regulatory board to allow pipeline connections. this could free up nearly 10% of domestic gas output. around 14 million cubic metres of gas from the northeast is currently unused. a temporary waiver co
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Air India denies pressuring AI-171 victims' families to sign compensation waiver, says no deadline to accept settlement
Air india refutes claims of pressuring families of ai-171 crash victims. the airline states there is no deadline or pressure to accept its final settlement offer. relatives are free to wait for official investigation findings before deciding on compensatio
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
India counters US Section 301 probe claims of surplus capacity in textiles, steel
India is pushing back against us allegations of excess production capacity in textiles and steel. government officials argue that domestic output closely matches local demand, driven by india's large population and growing consumption. industry bodies like
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Chinese production continues despite tech transfer curbs
Chinese electronics companies are pushing ahead with their india expansion. brands like hisense, haier, and oppo are increasing local manufacturing and exports. contract manufacturers report no policy changes affecting overseas investments. hisense is beco
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
NHAI flags off asset monetisation for FY27
The national highways authority of india has started its asset monetisation drive for the current financial year. bids were opened for two national highway stretches in tamil nadu. epic concesiones 2 pvt ltd emerged as the highest bidder for tot-bundle 19.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Cabinet clears Rs 2,169 crore worth Ahmedabad Metro airport extension
The union cabinet has approved the ahmedabad metro phase 2a project. this 6-km extension will connect koteshwar road to the sardar vallabhbhai patel international airport. the project aims to improve urban mobility and connectivity to key development hubs.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Microfinance market reports a small rise in early stage delinquency
Microfinance loan defaults in the early stages increased in april. however, loans facing later stage defaults showed improvement. the overall portfolio at risk for 1-180 days saw a slight decrease. the total microfinance loan amount remained stable. the nu
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
ASK Property Fund to raise Rs 3,500 crore for housing-focused debt strategy
Ask property fund is launching a new rs 3,500 crore debt fund. this fund will finance residential projects in key indian cities like mumbai, delhi ncr, pune, bengaluru, chennai, and hyderabad. the fund aims to support developers with structured financing f
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
In active talks with Indian govt, received encouraging feedback: Starlink
Starlink is actively discussing its satellite services with the indian government. the company has received positive feedback on its potential to boost connectivity, especially in remote areas. starlink is committed to india and is working with the governm
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
PhonePe launches AI-powered SmartPages to help merchants go online in 10 minutes
Phonepe has introduced smartpages, an ai tool for merchants. this innovation allows businesses to build payment-ready webpages in under ten minutes. merchants can describe their offerings, and ai generates descriptions and payment pages. this feature simpl
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Breakthrough in ZojiLa Tunnel paves way yr-round Ladakh link
Union minister nitin gadkari inspected the zojila tunnel. he triggered the final breakthrough of this strategic project. the tunnel connects jammu and kashmir with ladakh. it is a significant infrastructure achievement. the project is expected to be comple
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Bombay HC rejects Lilavati Trust's interim application against HDFC Bank in ?1,000 crore dispute
The bombay high court has rejected an interim plea by lilavati hospital's trust, which sought to prevent hdfc bank from making public statements regarding a loan dispute. the trust had sued for ?1,000 crore, alleging defamation by the bank's online posts.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
AI 171 crash: 'Wish we could save more lives', rues first responder
A year after the ai-171 plane crash, first responder satinder singh sandhu shares his traumatic experience. he recalls the devastating scene and his efforts to save lives. the crash claimed 260 lives in ahmedabad. sandhu's deepest regret is that more peopl
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
L&T betting big on 'digital workers' to overcome manpower challenges in projects: CFO R Shankar Raman
Larsen & toubro is embracing automation and robotics to boost construction. the company aims to transform the industry by reducing reliance on manual labor.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok Chandra
Private sector investment is reviving. companies are borrowing more for expansion and infrastructure. punjab national bank (pnb) sanctioned nearly rs 4 lakh crore in corporate loans last fiscal year. this trend continues, with sanctions expected to exceed
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
DDA auction of 142 properties generates Rs 1,300 crore revenue
The delhi development authority has hit a major milestone by auctioning 142 properties, bringing in a remarkable revenue of rs 1,321 crore. this online auction was a tremendous success, with enthusiastic participation from various stakeholders, leading to
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Consumer staples sector to face growth normalization in 2nd half of 2026, updates on pricing power and channel efficiency eyed
Consumer staples growth momentum is likely to moderate in the second half of fy27 as gst-related benefits phase out and high base effects set in, brokerage firm systematix instituitional equities said in a report. pan-india channel checks point to a balanc
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI Report
India's current account deficit is projected for fy27. however, reserve bank of india measures are anticipated to improve the country's external position. these steps aim to strengthen the rupee and attract foreign capital. this could lead to a balance of
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economy
India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the iran war. total refined product consumption dropped 6.5% in may, with subdued growth in petrol and diesel sales, indic
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
India’s hidden battery fleet can keep the lights on
India's home batteries are vital for keeping the lights on during peak demand. these systems, long a staple due to grid instability, are now evolving with lithium-ion technology. this shift promises greater power and efficiency for households.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Pharma in her DNA, Wockhardt scion ready for deep dive in the US
Zahabiya khorakiwala is leading wockhardt's us business and the launch of its new antibiotic, zaynich. this drug targets resistant bacterial infections and is a significant bet for the company. zaynich's us approval marks a major breakthrough after decades
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Adani Energy to buy IntelliSmart for ?3,050 crore
Adani energy solutions (aesl) is set to acquire smart metering company intellismart infrastructure for ?3,050 crore, bolstering its position as india's largest smart metering platform with over 47 million meters. this strategic move aligns with india's amb
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
BSNL, IIT Kanpur sign MoU for next-generation telecom technologies
Bharat sanchar nigam limited (bsnl) and the indian institute of technology (iit) kanpur have signed a memorandum of understanding (mou) for joint research, development, testing, deployment and commercialisation of next-generation telecom technologies, bsnl
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Duty relief may be extended for petrochemical inputs for pharma
Ravi teja, deputy director at the department of commerce, told reporters in hyderabad on tuesday that a review is underway for a possible extension, but did not reveal the new date under consideration.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
HC restores pilot's license revoked 15 years ago, says DGCA's suspension order 'illegal'
The bombay high court quashed a 2011 dgca order suspending a pilot's license, deeming it illegal for violating natural justice principles by denying a hearing. the court restored the airline transport pilot license, emphasizing the need for a proper inquir
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitration
The supreme court has sent a minority shareholder dispute involving jindal poly films to arbitration. this decision overturns earlier orders from the national company law tribunal and appellate tribunal. the case concerns allegations of asset stripping and
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Gen Z's love for cold coffee has brands chasing beverage boom
India's younger consumers are embracing cold coffee as an everyday drink. brands like nestle, hul, and tata starbucks are expanding their offerings. direct-to-consumer brands are also seeing significant growth. this trend is fueled by gen z preferences and
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Hetero partners with Richter to develop, market Semaglutide injection globally
Hyderabad's hetero labs partners with european giant gedeon richter. they will jointly develop and sell semaglutide injection, the generic of ozempic. this collaboration aims to expand global access to diabetes therapies. regulatory filings are underway, w
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Ambani-backed robot startup seeks 0 million to lead in India
Reliance-backed robotics startup addverb technologies is looking to raise over 0 million to fund expansion into humanoid robots, ai and advanced automation. the company, which generates half its revenue overseas, targets a spot among the world's top 10
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
Delhi court directs confiscated PACL assets be used for investor repayment
A special court has ordered the confiscation of properties belonging to pacl limited. these assets will now be handed over to the justice rm lodha committee. the committee will use these properties to benefit investors affected by the pacl scheme. this act
Tag: Industry India Source: indiatimes.com Dated: 2026-06-10
HDFC Bank hikes lending rates by up to 10 bps across tenors
Hdfc bank has raised its lending rates. the marginal cost of funds-based lending rate or mclr will increase by up to 10 basis points. this change is effective from june 8, 2026. most consumer loans like auto and home loans will be impacted. this move follo
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
JSW Steel crude steel production rises 15% to 22.93 LT
Jsw steel reported a significant 15 percent jump in crude steel production for may. the company produced 22.93 lakh tonnes, a notable increase from the previous year. this growth was fueled by the full operational capacity of the dolvi unit and the ramp-up
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
Rajiv Bajaj to step down from Bajaj Finserv board, cites growing responsibilities at Bajaj Auto
Rajiv bajaj will step down as a non-executive director of bajaj finserv, not seeking re-election at the july 31, 2026 agm. citing increased responsibilities at bajaj auto, including oversight of new businesses and the ktm acquisition, he aims to reduce ext
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
Vedanta readies .2 billion refinancing after rating upgrades
Anil agarwal's uk-based vedanta resources is preparing to refinance .2 billion of dollar-denominated bonds and loans as it seeks to lower borrowing costs following recent credit-rating upgrades. the refinancing will cover .6 billion of bonds maturing b
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
Odd timing of FIFA matches may keep bars, restaurants from joining party
Indian sports bars and restaurants anticipate lower customer numbers for the 2026 fifa world cup. unfavorable match timings, with late-night and early-morning kick-offs, are expected to limit group viewings. venues are seeking extended operating hours to a
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
Banks likely to go all out to attract diaspora investment
Rbi's decision to bear the hedging cost on fcnr-b deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity ratio against those deposits would save around 300 basis points of operational cost for banks, senior bankers said.
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
JioHotstar says Dhurandhar The Revenge drew 50 million viewers in opening weekend
Jiohotstar's action film dhurandhar the revenge saw an extraordinary launch. it attracted 50 million viewers in its opening weekend, marking a record for the streaming service. the film's reach expanded significantly beyond its theatrical release. connecte
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptions
India's fuel consumption rose to 19.93 million metric tons in may, a slight increase from april but a 6.5% drop year-on-year. liquefied petroleum gas consumption plummeted by approximately 20% due to shipping disruptions and sanctions impacting iranian imp
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
Fitch sees global oil markets returning to oversupply after Hormuz reopens
Global oil markets are set to return to oversupply soon. fitch ratings reports the strait of hormuz closure is a temporary supply shock. prices are expected to fall sharply once traffic resumes. the market anticipates a surplus from september. this is driv
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
Apple expands child safety tools as social media bans grow
Apple is enhancing tools for parents to safeguard children online. new features will allow parents to manage app usage, content access, and communication for their kids. this comes as governments worldwide are restricting social media access for minors. th
Tag: Industry India Source: indiatimes.com Dated: 2026-06-09
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