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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

Haryana RERA imposes Rs 50 lakh penalty on Countrywide Promoters for misleading advertisement

Haryana's real estate regulatory authority (hrera) in gurugram has fined countrywide promoters private limited rs 50 lakh for a misleading advertisement about its green oaks project. the ad showed amenities not part of the project, like a club and other fa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Asset management JV with BlackRock progressing well, says Jio Financial Services

On october 19, 2023, jio financial and blackrock financial management inc. filed papers with markets regulator sebi for launching a mutual fund business. as of march 2024, the application was under process for sebi's in-principle approval.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

2024 forecast to set new record for electric car sales: IEA

Iea foresees 2024 as a groundbreaking year for electric car sales, especially in china. the global electric vehicle sector is poised for significant growth, driven by increasing investments in battery manufacturing and ambitious expansion plans by automake
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

NBCC reported highest ever sale in 2023-24

Nbcc's fy 23-24 saw significant growth with projects like amrapali and kerala state housing board. kp mahadevaswamy highlights sustainable development. commercial real estate sales show progress through e-auctions.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

UP RERA penalises homebuyer for repeatedly filing complaint with the authority

Up-rera fines homebuyer for repetitive complaints despite relief, impacting justice delivery. misuse of legal process observed by ncr bench chairman. sanjay bhoosreddy stresses deterring unscrupulous complainants with heavy costs to ensure justice for genu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Telecom industry sees growth in AGR led by Bharti Airtel and Reliance Jio

Telecom industry's agr grew 1.88% to rs 67,835 crore in oct-dec. bharti airtel, reliance jio led the expansion. trai data highlighted mobile services' significant contribution.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Office space leasing expected to reach 61 million sq ft in 2024

The q1 2024 saw leasing of 16.7 million sq ft, strongest q1 in the last five years and a 20% rise year on year. office space absorption across india’s six major cities is likely to register another big year with expectations of around 61 mn sq. ft. in 20
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

BharatPe launches all-in-one payment device BharatPe One

Indian fintech firm bharatpe has launched bharatpe one, an all-in-one payment product that integrates a point of sale (pos), qr code, and speaker into one device. the product will be launched in 100 cities in the first phase and 450 cities over the next si
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

JSW, Reliance, TVS place bids for battery PLI sops

Jsw neo energy, reliance industries, lucas tvs, acme cleantech, amara raja, anvi power, and waaree energies have participated in a production linked incentive (pli) auction for new-age battery manufacturing capacity in india. the companies bid for a cumula
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Reliance wins govt nod for additional investment to raise KG-D6 gas output

Reliance industries ltd and bp plc approved for additional investments in kg-d6 gas reserves, aiming for a 4-5 million cubic meters daily production increase. the recent focus on gas production is evident in their strategies.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Melbourne calling: Decoding how a trip to the Melbourne Museum will be a highlight of your vacation

Discover melbourne's rich cultural heritage by visiting melbourne museum, where you can explore history, heritage, and diverse perspectives. engage with immersive exhibitions, cultural centers, and galleries to make your trip memorable and enriching.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

India seeks details from food regulators of Singapore, Hong Kong after quality concerns

India, a major spice exporter, faces bans on mdh and everest products by singapore and hong kong due to pesticide concerns. the country is taking measures to address the issue and ensure compliance with quality standards.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

PSU lenders do not have the power to issue Look Out Circulars: Bombay HC

The bombay high court declared public sector lenders ineligible to issue look out circulars (locs) under central government office memoranda. while deeming this practice as 'arbitrary', the court upheld the constitutionality of the central government's off
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Air India enters into codeshare pact with Japan's All Nippon Airways

Air india will add its 'ai' designator code on ana's flights between tokyo haneda and delhi as well as tokyo narita and mumbai. ana will add its 'nh' designator code on air india's flight between tokyo narita and delhi, a release said on tuesday.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

L&T manufactures hydrotreating reactor for refinery in Mexico

Larsen & toubro manufactured a hydrotreating reactor for antonio dovali jaime refinery in mexico using axens' technology from france. the reactor, with cr-mo-v metallurgy, eliminates nitrogen and sulphur compounds from hydrocarbon streams.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Expect capex for EV components to cross Rs 25,000 cr in next 3-4 years: ICRA

Icra forecasts rs 25,000 crore investment by auto component industry in 3-4 years for electric vehicle parts, with a strong focus on enhancing ev production, localisation, and addressing manufacturing challenges.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Bha - All about Indian shoe sizing system

Csir-clri proposed the 'bha' system, anticipating a positive transformation in the indian footwear industry by offering better-fitting shoes, with users trialing the new sizes before full-scale adoption in 2025.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Stellantis India to hike vehicle prices by up to Rs 17,000 from April 30

Under the citroen brand, the company sells a range of vehicles, including compact car c3, suvs c3 aircross and c5 aircross and electric car e-c3 priced from rs 6.16 lakh to rs 37.67 lakh, as per the company's website.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Residential housing demand and price growth to moderate in FY25: Ind-Ra

The residential real estate sector is projected to maintain stable absorption and prices in fy25, supported by favorable affordability and stable interest rates. despite the likelihood of a slowdown compared to the high base of fy24, significant growth was
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

India tells spice makers MDH, Everest to give details of quality checks after Hong Kong allegations

Hong kong this month suspended sales of three mdh spice blends and an everest spice mix for fish curries. singapore has also ordered a recall of the everest spice mix and advised against its consumption.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Steady absorption, modest supply growth in commercial realty to continue in FY25

Ind-ra maintains neutral outlook for indian cre sector in fy 2024-25, with stable rating outlook for cre entities. expectations include improved metrics, growth in absorption rates, and steady rental increases, driven by demand from various sectors.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Jio veteran Sanjay Mashruwala quits

Mashruwala, aged 76, was one of the key leaders who has served in multiple capacities in the reliance group before taking on the role of the company’s md in 2013.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Centre receives seven bids to set up giga-scale battery manufacturing facilities; RIL, JSW Neo among bidders

The ministry of heavy electricals has received seven bids for re-bidding production linked incentives (pli) for 10 gwh advanced chemistry cell manufacturing, including acme cleantech solutions, amara raja advanced cell technologies, anvi power industries,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Aston Martin launches 'Vantage', priced at Rs 3.99 crore. Check key features and details of the sportscar

British luxury sports car manufacturer aston martin has launched its latest model, the vantage, with a 4.0-liter v8 twin turbo engine delivering 665ps/800nm output. the vantage can reach 96 kmph in 3.4 seconds and has a top speed of around 325 kmph. key fe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Bajaj Auto appoints Abraham Joseph as MD of EV arm Chetak Technology

Joseph is a bajaj auto veteran with over 35 years of experience, the company said in a statement. under his leadership, chetak technology ltd (ctl) will pivot to become a high-tech organisation focused on developing core competencies across the spectrum of
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

The Executive Centre announces change in leadership for South Asia, Middle East

Rajat kapur to be md for north india, uae and saudi arabia, while manish khedia to take charge of south india, west india and sri lanka
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

WeWork expands India presence, adds two assets in Pune & Gurugram

The hq27 located in gurugram’s mg road market, offers over 96,000+ sq. ft. of sace across three with over 1,480+ desks. the property ahs a 15 years lease agreement with wework.the pune property is situated within pune’s largest mall complex - amanora m
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

MP Board Class 5th, 8th Results 2024 announced: How to check and download results

Rskmp released class 5 and 8 results on rskmp.in at 11:30 am, available at 12:30 pm. over 12 lakh class 5 and 11 lakh class 8 students participated in the exams held from 9:00 a.m. to 11:30 a.m. after the press conference, students can check their results
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

ICSE and ISC results 2024: Class 10th and 12th marks to be announced soon. Here's how to check and other updates

The 'icse and isc results 2024' announcement by the council for the indian school certificate examinations (cisce) is eagerly awaited, expected to be declared in the first week of may. with exams held from february to march, and rescheduling in some cases,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

DGCA mandates airlines to allocate seat for children under 12 years with parents/ guardian

The directorate general of civil aviation (dgca) has mandated airlines to allocate seats for children up to 12 years old with at least one parent or guardian traveling on the same pnr, and to maintain a record of this arrangement.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Karnataka, Gujarat lead India's clean energy transition race: Report

Ieefa and ember report highlights varying state progress in clean energy transition in india. recommendations include strengthening regulatory ecosystems at the state level and tailored policy interventions to address unique challenges in decarbonising pow
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Everest denies reports of its products being banned in Singapore, Hong Kong

Everest, a masala maker, refuted claims of its products being banned in singapore and hong kong due to alleged pesticide contamination. singapore requested a recall of 'everest fish curry masala'. india's fssai will inspect spices domestically. the spices
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Electric car sales to rise but affordability in focus, IEA says

Iea predicts 17 million electric car sales in 2024 amid economic challenges. china to buy 10 million. affordability, infrastructure, and oil demand are crucial. battery prices dropping, competition intensifies, charging networks need six-fold growth by 203
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

India may not extend EV concessions to Chinese firms: Report

Ev concessions for chinese firms like byd in india face obstacles due to national security concerns and fdi requirements under the new policy. the gtri report warns of potential large-scale entry of chinese auto firms in the local market.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

MDH, Everest row: Indian regulator turns on the heat, to check quality of masalas sold in India

Fssai, india's food safety regulator, has initiated sampling of powdered spices, including popular brands mdh and everest, nationwide following quality concerns raised by singapore and hong kong. the spices board of india is investigating the ban imposed b
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Automakers hope for a cut as two-way EV charging becomes real

Automakers and utilities are gearing up for v2g technology, enabling ev owners to sell power back to grids. major players like gm, ford, volkswagen, and nuvve are actively involved in this evolving landscape of bidirectional charging.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Xiaomi secures lock-in orders of more than 70,000 SU7 cars

Xiaomi's lei jun and lu weibing celebrated over 70,000 su7 orders, praising strong electric car sales. the company's strategic plans involve no off-road vehicles, focusing on delivering max and pro models.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Pavna Industries forays into EV segment; to supply auto components to OLA Electric

Pavna industries partnered with ola electric for auto components supply in the domestic ev sector, emphasizing entry into the two-wheeler electric vehicle segment. shares of pavna group closed at rs 561.40 on bse.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Some mobile users caught in recycled numbers game

One has just got a new mobile connection and suddenly calls from a bank recovery agent start pouring in. or, one has been trying to link one's new mobile number to the bank account or upi but is not able to as it's already linked with someone else. this is
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Japan's MUFG mulls sweeter offer for India's HDB Financial, Bloomberg News reports

Hdb financial, incorporated in 2007, provides secured and unsecured loans and has more than 1,680 branches across india.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

2G spectrum case: Govt moves Supreme Court seeking modification of 2012 verdict

In 2012, the top court had set aside the 122 spectrum 2g spectrum licences that were allotted on a first-come-first-served basis. it held that for spectrum and all natural resources, auctions would be the only method for allocation that would fulfil the co
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Hyderabad sees 54% surge in high-value home registrations in March

In march 2024, the sales registrations for properties priced at rs 1 crore and above increased significantly to 16% in march 2024 from 10% in march 2023. however, the real estate market in hyderabad witnessed the maximum number of property registrations in
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

CMS Info Systems to enter gold logistics, loan collection services

Cms info systems plans to expand into gold logistics and retail loan repayments collection, having already piloted these ventures. with over rs 2,000 crore revenue in fiscal 2023, cms aims for incremental growth. the company sees potential in india's forma
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Colgate-Palmolive announces benefits for employees with disabilities

Colgate-palmolive india has introduced its workplace inclusivity policy for people with disabilities (pwds) to create a supportive and inclusive work environment. the policy offers benefits such as assistive technology reimbursements and extended medical i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Indian jewellery bigwigs spread their wings in the US betting on the diaspora

Prominent indian jewellery brands are expanding in the us despite challenging economic and geopolitical conditions. luxury brands are capitalizing on the growing market and significant purchases by affluent members of the indian diaspora. tanishq, kalyan j
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Accacia, a decarbonisation platform focusing on the real estate raises .5 million

Real estate and construction activity contribute to about 40% of global greenhouse gas (ghg) emissions. the sector lacks robust tools to measure climate risks and define decarbonisation pathways.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

India's polished diamond exports drop 27.5% as key markets falter

The fall in exports forced the world's biggest diamond polisher to reduce imports of rough diamonds by 18% from a year ago to .27 billion in the financial year ended march 31, the gem and jewellery export promotion council (gjepc) said.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

No normalisation of scores for CUET-UG, NET this year: UGC Chief

Score normalisation for cuet-ug and national eligibility test eliminated this year. cuet-ug from may 15 to 24 with mode changes, ugc-net switches to pen and paper mode on june 16, affecting eligibility criteria for indian nationals.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Macquarie's .5 bn India EV platform to focus on fleet electrification

Australia's macquarie group has launched an ev financing platform called vertelo for india, focusing 95% of its .5 billion investment on electrifying commercial vehicle fleets. the platform will offer financing, fleet management, and charging infrastruct
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Passenger traffic at Mumbai airport rises 16% to 52.8 million in FY24

Mumbai airport's passenger traffic increased by 16% yoy to 52.8 million in fy24, according to the airport operator. the airport handled 43.9 million passengers in the previous fiscal. the surge was attributed to both domestic and international passenger tr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Airtel simplifies international roaming to 184 countries, offers single pack for multiple destinations

Bharti airtel simplifies international roaming with affordable plans covering 184 countries. enhanced benefits, in-flight connectivity, and auto-renewal options available, endorsed by amit tripathi.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Domestic air traffic touches new single-day high; crosses 4.71 lakh passengers

India's domestic air traffic reached a new single-day high of 4,71,751 passengers on sunday, more than 14% higher than the average pre-covid count of 3,98,579. the civil aviation ministry reported that domestic aviation is experiencing unprecedented growth
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Punjab and Haryana High Court quashes FIR filed against Emaar India

The high court of punjab and haryana quashed the fir against emaar india and jll india, citing undervaluation and fraud allegations as baseless. the case involved accusations of asset manipulation during demerger, with no criminal elements found in the com
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

MahaRERA raises serious concerns over 212 housing projects launched after January 2023

Maharera expressed grave concerns over 212 housing projects launched between january and april 2023 across maharashtra for failing to provide construction updates, breaching regulations. the regulator published a list cautioning buyers. pune led with 47 su
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Delhi to Gurgaon in 7 mins! IndiGo air taxi in India: Fare, launch date, cities, car

India air taxi indigo services, price, fare, ticket, distance, route and more: indigo launches air taxi to reach gurgaon from delhi in 7 minutes
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

UAE, Bahrain account for over 85% of India's plain gold jewellry exports in FY24

In fy24, india witnessed a significant surge in plain gold jewellery exports, notably to uae and bahrain, comprising over 85% of the total, reaching ,792.24 million. total gold jewellery exports rebounded by 46.91% in the latter half of the year after a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Property consultant InvestoXpert targets Rs 4,000 crore sale in 2024-25

Property consultant investoxpert, is targeting rs 4,000 crore sale in 2024-25 as residential real estate continues to grow. the company facilitated sales of properties worth rs 2050 crore in 2023-24, 95% year-on-year growth compared to the previous fiscal
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Broadcasters seek tariff forbearance to help pay-TV compete with OTTs, others

Broadcast sector stakeholders are urging the telecom regulatory authority of india (trai) to implement complete tariff forbearance to enhance the competitiveness of the pay-tv industry against emerging and established platforms like over-the-top (ott) and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

SC sets aside NCDRC order for penalty on YRF for excluding promo song 'Jabra Fan'

The supreme court has set aside the national consumer disputes redressal commission's (ncdrc) order to pay rs 10,000 to yash raj films for the exclusion of a song from the film 'fan' starring shah rukh khan. the court ruled that a 'promo' or 'teaser' circu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

Family trips over solo trips, holiday coupons as wedding shagun: MakeMyTrip survey reveals Indians' travel habits

Indian travelers are redefining domestic tourism and asserting a significant presence in international travel markets, according to makemytrip's "india travel trends report". the number of indians embarking on more than three trips per year surged by 25% i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-22

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