Industry India NEWS. Stock Market NEWS Updated Daily

Industry India NEWS. Stock Market NEWS Updated Daily

Nifty Tue 05 May 2026

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Industry India NEWS. Stock Market NEWS Updated Daily

Sona Comstar sets sights on acquisitions, EV-focused order book to drive growth

Sona comstar is actively seeking acquisitions to utilize its substantial cash reserves. the auto-components maker is building on a large order book, with a growing emphasis on electric vehicles. the company is open to deals up to ?2,000 crore or more, targ
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Gokula Education Foundation (Medical) launches RISM, a globally aligned STEM and Management university focused on AI, aerospace, and future-ready skills

Gokula education foundation partners with the university at albany to launch ramaiah institute of science and management (rism) in bengaluru. this new deemed-to-be university will offer next-generation stem and management programs, commencing in august 202
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Over 800 luxury homes sold in Hyderabad, Bengaluru, Chennai in FY26 for Rs 11,246 crore: Report

Southern indian cities hyderabad, bengaluru, and chennai recorded significant sales of ultra-luxury homes. hyderabad led with 625 units sold, followed by bengaluru with 128 units, and chennai with 58 units. these sales highlight strong demand for high-end
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

NCLT upholds Aanand Rai's plea in row with Eros International

The nclt has permitted filmmaker aanand l rai to pursue arbitration in a dispute with eros international media. the tribunal deemed eros's petition a 'dressed-up petition' intended to bypass their arbitration agreement. this ruling favors rai, directing th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

HC quashes Lilavati Trust's bribery case against HDFC Bank CEO

The bombay high court has dismissed a bribery case against hdfc bank md sashidhar jagdishan. the court ruled the complaint was a reaction to the bank's efforts to recover over rs 65 crore. it cited strained relations between hospital trustees as a factor.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Bengaluru airport rolls out AI-driven airside safety system to boost operations

Bengaluru airport is stepping into the future with its cutting-edge smart airside safety system. harnessing the power of ai and automation, this system optimizes the flow of vehicles and aircraft, enhancing safety at pivotal airside intersections. by minim
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Govt clears ?18,100 crore ECLGS 5.0 to unlock ?2.55 lakh crore credit for MSMEs, airlines

The union cabinet has approved emergency credit line guarantee scheme 5.0. this scheme will support businesses facing liquidity issues. it offers credit guarantee coverage for msmes and non-msmes. the airline sector also receives support. this initiative a
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

German chemicals major BASF to set up global services hub in Hyderabad, to create 3,000 jobs

German chemical giant basf is setting up two global services hubs in hyderabad. this significant expansion will create approximately 3,000 jobs. the new hubs will manage global finance and human resources functions. this move strengthens basf's presence in
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

No systemic risk to BFSI sector; may see short-term slowdown in loan growth: Deepak Parekh

Industry veteran deepak parekh stated the banking and financial services sector is not facing major systemic risks from global geopolitical uncertainties. he anticipates a short-term slowdown in loan growth. real estate investment trusts are growing in ind
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Claire Mazumdar: A silent force behind a .6 billion firm may write Biocon's future scripts

Biocon founder kiran mazumdar-shaw has named her niece, claire mazumdar, as her successor. claire mazumdar, a successful ceo of bicara therapeutics, brings scientific expertise and deal-making skills. she is poised to lead biocon into its next growth phase
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

West Asia war has a crude lesson for Indian economy: Cut the oil imports

The west asia conflict has exposed india's vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy security. an rbi mpc member stressed the need for increased domestic exploration and a faster transition to alternative
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay Monda

Csb bank, a lender backed by prem watsa, is adopting a cautious stance on gold loans following global uncertainties. the bank intends to shift its focus towards wholesale and small business lending. having completed its digital transformation, csb bank is
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: Report

Rbi's repo rate cuts in fy26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy reduction. while weighted average lending rates fell by 93 basis points, the transmission varied across bank types and lo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

L&T bags 'large' BCGCL order for coal-to-chemicals plant in Odisha, 2,000 TPD capacity

Larsen & toubro has secured a landmark deal to develop a state-of-the-art coal-to-ammonium nitrate facility in odisha, poised to deliver 2,000 tonnes of ammonium nitrate daily. this venture not only bolsters india's aspirations for enhanced coal gasifi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Tata launches ultra diesel variants of Harrier and Safari; check price, features and other details

Tata motors has introduced new diesel versions of its harrier and safari suvs. these models boast a large harman infotainment system with dolby atmos. advanced features like an integrated dashcam and memory orvms are included. the company also reported str
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

NHPC begins commercial operation of fourth unit at 2000 MW Subansiri Lower Hydro Project

Nhpc has announced the commercial operation of the fourth unit of its subansiri lower hydroelectric project. this marks a significant milestone for the 2,000 mw project. with four units now operational, the company is progressing towards completing the rem
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India fuel retailers face credit strain as high oil prices persist, says Fitch

If crude oil prices remain elevated, indian oil companies might find themselves under financial pressure. delaying adjustments to fuel prices could impact their profits and cash reserves. fitch ratings warns that sustained high prices, rather than brief su
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

The alchemist of Bengaluru: Kiran Mazumdar-Shaw began from a garage

Kiran mazumdar-shaw has named her niece claire mazumdar as successor, setting up a gradual leadership transition at biocon. a pioneer who built the company from a garage into a global biotech leader, kiran is ensuring continuity by handing over to a scienc
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Iran's top negotiator warns Tehran 'not even started' in Hormuz standoff

Iran's chief negotiator in talks with the united states warned on tuesday that his country has "not even started" in its standoff over the strait of hormuz. "we know full well that the continuation of the status quo is intolerable for america; whilst we ha
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Kumar Mangalam Birla appointed Vodafone Idea's Non-Executive Chairman; Ravinder Takkar steps down

Vodafone idea limited announced significant leadership changes. kumar mangalam birla will take over as non-executive chairman on may 5, 2026. ravinder takkar will transition from non-executive chairman to non-executive vice chairman on the same date. both
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

AC prices set to surge further due to new energy norms, rising input costs: Blue Star MD

Air conditioner prices will increase in the coming months. this is due to higher costs for materials like copper and aluminium. new energy efficiency rules also contribute to the price hike. industry leaders expect these inflationary pressures to continue
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Power bank explodes on IndiGo flight shortly before landing at Mohali

An indigo flight from hyderabad to chandigarh experienced a scare after landing at mohali. a passenger's power bank caught fire, filling the cabin with smoke. the cabin crew quickly extinguished the flames. all passengers were safely evacuated from the air
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

UDGAM portal facilitates users to search unclaimed deposits across multiple banks: RBI to SC

The submissions were made before a bench of justices vikram nath, sandeep mehta and vijay bishnoi which was hearing a plea filed by journalist sucheta dalal seeking a direction to set up a mechanism to inform the legal heirs of deceased depositors about th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India flexible workspace market to expand up to 18% on GCC, startup demand: Crisil

India's flexible workspace sector is poised for significant growth. capacity is set to rise by 16-18% over the next two fiscal years, reaching 140-145 million sq ft. this expansion is driven by strong demand from various businesses seeking agility and cost
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

IndiGo issues travel advisory after missiles launched towards UAE from Iran, airline says 'there may be changes to flight schedules'

Indigo has issued a travel advisory warning of potential flight disruptions following the uae's report of detecting four cruise missiles launched from iran. the airline is advising passengers to check flight statuses due to the evolving security situation
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Govt approves ?23,437 crore railway expansion across 6 states

The union cabinet has approved three major railway projects costing over ?23,000 crore. these projects will add nearly 900 km to the indian railways network. they aim to reduce traffic congestion and boost capacity. this will improve connectivity across se
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Beyond Parachute: Marico swaps coconut oil comfort for a premium growth playbook

Marico is strategically moving towards premium and digital brands. the company targets double-digit revenue growth, aiming to surpass ?15,000 crore by fy27. this shift focuses on higher-margin segments. marico anticipates steady demand recovery and aims fo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

BASF to set up global service, digital hub in Hyderabad

Basf, a major chemical company, will establish a new global service and digital hub in hyderabad. this facility is slated to open in the second quarter of 2026. it will support basf's worldwide operations in areas like finance and human resources. the hub
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Ships cluster further from Strait of Hormuz, find shelter near Dubai as Iran widens control

Ship traffic has shifted away from the strait of hormuz, with hundreds of vessels clustering near dubai as tensions rise between the us and iran. despite a ceasefire, both sides have exchanged fire, and iran has expanded its control zone, warning ships thr
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Carlyle buys RCM providers Knack & Equalize for 0 million

Carlyle group is building a global healthcare revenue cycle management platform. the firm acquired majority stakes in us companies knack and equalize. these companies will merge to form a new entity. carlyle plans to invest significantly and aims for a pub
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Pharma exports surpass billion in FY26 despite global headwinds

Indian pharmaceutical exports reached over billion in fy26. march saw a significant 23% drop, primarily due to a slowdown in the united states and china. however, other markets like africa and oceania showed strong growth. vaccines emerged as the faste
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Expansion of cargo handling capacity at JSW Dharamtar Port recommended for EC grant

A government sub-committee found coal dust and wastewater impacting mangroves at jsw dharamtar port. this occurred before an expert panel recommended environmental clearance for port expansion. jsw has acknowledged these issues and agreed to implement reco
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Delhi Metro goes 'Atmanirbhar': 'Made-in-India' platform screen doors to be installed in upcoming metro corridors

Metro platform screen doors: delhi metro has decided to install indigenously manufactured platform screen doors (psds) across all stations in its upcoming phase iv and phase v corridors. this marks a major shift towards atmanirbhar bharat, following the ce
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Daryaganj announces the launch of its first Daryaganj Gold in India

Daryaganj restaurants has opened daryaganj gold in aerocity, new delhi. this new outlet offers an enhanced dining experience with a larger space and a special gold menu. it also features daryaganj's classic dishes. the brand plans to expand this premium fo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Star Health aims Gross Written Premium of Rs 24,000 crore in FY27: MD

Star health aims for rs 24,000 crore in gross written premium this fiscal, up from rs 20,400 crore last year, with plans to launch two affordable products for smaller towns. the company, targeting rs 30,000 crore by fy28, saw significant claim settlements
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, margins

India's auto sector is set for continued strong demand for the next 2-3 quarters. elevated growth is anticipated through cy26. this positive trend is supported by improving affordability and rural sentiment. key segments like passenger vehicles, commercial
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Cabinet approves two new semiconductor units worth Rs 3,936 crore under India Semiconductor Mission

India is set to boost its semiconductor manufacturing. the union cabinet has approved two new units, crystal matrix limited and suchi semicon, with an investment of over rs 3,900 crore. crystal matrix will produce advanced display components. these project
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India’s realty equity inflows hit record .7 billion between 2024-Q1 2026

Between 2024 and early 2026, india’s real estate landscape witnessed an astonishing influx of over billion in equity capital, showcasing unprecedented investor enthusiasm. this surge, fueled by robust confidence and key structural enhancements, saw lan
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Biocon’s Kiran Mazumdar-Shaw chooses niece Claire Mazumdar as successor: Report

Biocon founder kiran mazumdar-shaw has announced her successor. niece claire mazumdar will lead the company. claire mazumdar is the founder and ceo of bicara therapeutics. she holds advanced degrees and has prior industry experience. biocon is also undergo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Harley-Davidson bets on affordable models, dealer network in latest turnaround effort

Harley-davidson is launching a new plan called 'back to the bricks'. this strategy focuses on making more affordable motorcycles and strengthening its dealer network. the company aims for significant profit growth and cost reductions by 2027. new models li
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Jindal Stainless sees 7–9% growth, flags West Asia crisis impact on demand

Jindal stainless anticipates a volume growth of seven to nine percent this fiscal year. the company is preparing for potential impacts from the west asia crisis on demand. they plan to invest ?2,600 crore in capital expenditure. jindal stainless will revie
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India's retail car sales hit record in April, but Mideast crisis clouds outlook

Indian car sales reached an all-time high in april. passenger vehicle sales saw a significant jump. this growth was driven by rate cuts, easier financing, and strong demand from rural areas. however, concerns about middle east tensions and rising fuel pric
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India throws Diet Coke parties as Iran war disrupts supplies

Diet coke parties are gaining popularity across india. a shortage of the beverage, linked to the iran war, has created a social media frenzy. bars and restaurants are organizing events with entry fees offering diet coke, music, and activities. these gather
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Adani, Arcelor among firms setting up treasury operations in GIFT City, sources say

Major firms like adani, bharti airtel, genpact, and zf friedrichshafen are setting up treasury operations in india's gift city. this tax-neutral finance zone offers cheaper funding and lower taxes on remitting dividends. seventeen corporate treasuries are
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Hyderabad emerges as the biggest market of South India’s ultra-luxury residential market

Hyderabad has become south india's top ultra-luxury housing market. transactions for homes over rs 10 crore reached rs 8,562 crore in fy'26. this segment has grown significantly in four years. bengaluru shows rapid growth in unit sales. chennai remains a n
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

JLR cuts prices of imported models from Britain by up to Rs 75 lakh in anticipation of India-UK FTA

Jlr india has announced significant price reductions of up to rs 75 lakh on its uk-imported range rover sv and range rover sport sv models. these price cuts, effective immediately, anticipate the india-uk free trade agreement (fta). the company aims to mak
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Reliance Industries to shut crude unit at 660,000 bpd refinery for maintenance, sources say

Reliance industries will shut a crude unit and secondary units at its 660,000 barrels per day refinery for three to four weeks. this maintenance is scheduled for later this month. the shutdown will begin around mid-may. this timing follows nayara energy's
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Coal India commissions 100 MW solar power project in Gujarat

State-owned coal india limited has commissioned a 100 mw solar power project in gujarat. this marks a significant step in the company's renewable energy expansion. the project received its commissioning certificate from gujarat energy development agency. t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Zee sues Nykaa over alleged copyright misuse of songs on Instagram reels

Zee entertainment has filed a lawsuit against nykaa. the company alleges nykaa used its copyrighted songs in instagram reels to promote products. zee is seeking damages of 0,000. nykaa's lawyer informed the court that the disputed links have been remove
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Enduring wealth, lasting wellness. People in India are living longer. Are they also living well?

India's rising life expectancy faces a longevity paradox, with increased years not always translating to good health, compounded by rising medical inflation and low insurance penetration. standard chartered is bridging this gap by integrating health and we
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

MahaRERA cracks down on errant builders; issues notices over 8,212 projects

Maharera is taking strict action against over 8,000 housing projects. these developers failed to submit mandatory quarterly progress reports on time. this includes many projects in the mumbai metropolitan region. maharera has issued show-cause notices. dev
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

NCLAT sets aside NCLT insolvency order against Embassy Developments

Embassy developments has won a significant legal battle. the national company law appellate tribunal has cancelled an earlier order that placed the company into insolvency proceedings. this ruling brings an end to the corporate insolvency resolution proces
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

India has no plans for financial support for fuel retailers, official says

India will not compensate state-run fuel retailers for losses incurred by selling transport fuels below market prices. while companies have increased prices for industrial customers and jet fuel for foreign carriers, retail prices for gasoline, gasoil, lpg
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

Fertiliser subsidy bill set to overshoot budget estimate of Rs 1.71 lakh cr amid West Asia crisis

India's fertiliser subsidy bill for fiscal 2026-27 is set to surpass its budget. rising costs of imported urea and other fertilisers are driving this increase. despite global supply chain issues, fertiliser availability for the kharif 2026 season remains s
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

Saint-Gobain to invest billion in India, bets on growth shift

French company saint-gobain will invest nearly one billion dollars in india over the next five years. this investment signals a major shift towards emerging markets for growth. india's growing population and urbanisation are key drivers. saint-gobain aims
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

Bajaj Auto total sales up 40% at 5,13,792 units in April

Bajaj auto has announced a significant sales surge for april. total sales climbed by 40 percent, reaching over 5.13 lakh units. this impressive growth was driven by a substantial 83 percent increase in exports. domestic sales also saw a healthy rise of 13
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

Third party premiums take the wheel in motor cover growth

Tp premiums rose 9.3% in fy26, compared with 9% growth in od, taking overall motor insurance expansion to about 9% on an estimated base of ?1.08 lakh crore. this contrasts with fy24, when od grew a stronger 17.4% against roughly 10% for tp, supported by ro
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

India's LPG consumption slides 16 pc in April amid West Asia conflict

Cooking gas lpg use in india saw a significant 16 percent drop in april. supply issues stemming from the west asia conflict impacted availability for homes and businesses. this led to reduced consumption compared to last year and the previous month. other
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

India is blocking a cheap way to beat the heat wave, one tweak in AC can lower costs

India faces a cooling crisis as soaring temperatures drive unprecedented electricity demand. while ac sales surge, a safer, cheaper, and more efficient refrigerant, propane (r290), is being held back by outdated regulations. this overlooked solution could
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

HSN classification muddle raises costs for battery storage sector

The industry has sought separate hsn codes, an approved manufacturer list and tighter local content norms, along with clarity on customs duty deferment under warehouse rules for the 12-year life of storage projects.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

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