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

CCI approves Ultratech Cement's acquisition of India Cements

CCI approves Ultratech Cement's acquisition of India Cements

Competition commission of india on friday approved ultratech cement's acquistion of india cements, the antitrust watchdog said in a post on social media platform x.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Tata Power DDL partners with Baaz Bikes to provide battery swapping service

Tata Power DDL partners with Baaz Bikes to provide battery swapping service

Tata power delhi distribution limited (tata power-ddl) partnered with baaz bikes to establish electric vehicle battery swapping stations in north and northwest delhi. tata power-ddl will provide space, while baaz bikes will manage the stations. this coll
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Sattva Group acquires 8.5-acre land in Bengaluru’s EPIP for Rs 300 crore, expands commercial real estate footprint

Sattva Group acquires 8.5-acre land in Bengaluru’s EPIP for Rs 300 crore, expands commercial real estate footprint

Real estate developer sattva group purchased land in bengaluru. the 8.5-acre property cost around rs 300 crore. it belonged to a high-net-worth individual. the land has a built-up area and development potential. sattva and blackstone plan a reit listin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Govt set to organise roadshow on offshore mineral block auction at Porbandar

Govt set to organise roadshow on offshore mineral block auction at Porbandar

The indian government is hosting a roadshow in porbandar, gujarat, to promote the sale of offshore mineral blocks. the event will detail the auction process for 13 blocks, including lime mud off gujarat's coast and other resources in the arabian sea and an
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Waaree Energies begins trial production at US solar module plant

Waaree Energies begins trial production at US solar module plant

Waaree energies' subsidiary, waaree solar americas inc., has commenced trial production of solar modules at its new 1.6 gw capacity facility in texas, usa. the company plans to expand production to 3 gw, marking the first indian renewable energy company t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

Haldiram snack is set to spice up bihar's economy with a rs 300 crore investment in a new manufacturing plant. the 12-acre facility in bihta, slated to open by mid-2027, will produce the company's popular sweets, namkeens, and snacks. this move comes as pa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

India's BPCL buys first Argentinian crude oil cargo for Feb delivery

India's BPCL buys first Argentinian crude oil cargo for Feb delivery

India's bharat petroleum corp ltd (bpcl) has purchased its first crude oil cargo from argentina, acquiring 1 million barrels of medanito crude for february delivery from mercuria. this light-sweet crude, similar to u.s. wti, will be trial-processed at bpcl
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Paper manufacturers' revenue may dip 2-3 pc in FY25: Crisil report

Paper manufacturers' revenue may dip 2-3 pc in FY25: Crisil report

Indian paper manufacturers face a 2-3% revenue dip this fiscal year. operating margins will likely shrink to 15-16%. high wood costs and lower paper prices are to blame. volume growth is expected to be a modest 2-4%. however, the industry's financial h
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Tea, India's favourite, is officially a "healthy" beverage

The indian tea association (ita) welcomed the u.s. fda's recognition of tea as a "healthy" beverage, allowing manufacturers to label products as such if they meet updated criteria. highlighting tea's antioxidant-rich profile and health benefits, ita sees t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Government seeks to boost domestic food processing machinery sector

Food processing industries secretary subrata gupta convened a meeting with industry leaders to discuss modernizing india's food processing sector. business leaders advocated for a dedicated mechanism to attract investments and standardize locally produced
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Maruti Suzuki to introduce comprehensive charging infra along with eVitara

Maruti suzuki is launching the evitara electric suv. the company will unveil the car at the bharat mobility global expo 2025. the evitara will be made in india for global markets. maruti suzuki will also establish a charging network. this network will
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Ashoka Buildcon to invest Rs 9,000 cr in green hydrogen plant in Bihar

Ashoka buildcon will invest rs 9,000 crore in bihar. the company signed an agreement with the state government. the plant will produce green hydrogen. a 1,250 mw solar project will power the plant. the first phase will be in begusarai. it will take 1.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Jio Star's Kevin Vaz elected president of IBDF

Kevin vaz, ceo of jio star's entertainment division, has been elected president of the indian broadcasting and digital foundation (ibdf). vaz, succeeding k madhavan, aims to democratize content creation and foster sustainable growth within india's expandi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

The Oberoi Group launches employment and skill development programme RISE

The oberoi group launched the rise program to offer training and hospitality careers to 1,800-2,000 young people annually by 2025. the program celebrates 90 years of the group's commitment to talent development, providing education and experience in vario
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

This festive season, plan big and pay easy with Bajaj Finance

Bajaj finance helps manage festive expenses. bajaj finserv bbps offers a single platform for bill payments. bajaj pay integrates upi, wallet, and fastag services. users can make quick, secure transactions. cashback and reward programs are available. e
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

NHPC to invest Rs 5,500 cr in setting up 1,000 MW solar project in Bihar

Nhpc plans to invest rs 5,500 crore in a 1,000 mw bihar solar project. the project aims to boost clean energy. nhpc also proposes a smaller solar plant for green hydrogen production. this hydrogen will power a passenger bus for the state government. nhpc w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Electric mobility and ESG: How India’s transition aligns with global sustainability goals

India's transition to electric vehicles (evs) is crucial for combating climate change and achieving sustainability goals. evs reduce emissions, aligning with esg norms. digital platforms are key in facilitating ev adoption by connecting consumers, providi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

SpiceJet signs pact with US-based StandardAero to restore grounded Boeing 737 MAX aircraft fleet

Spicejet has partnered with standardaero to restore three grounded boeing 737 max aircraft by april 2025. this move, along with a recent fundraising effort and progress in resolving lessor disputes, aims to bolster the airline's fleet and financial health
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Zoomcar to launch cab rental product in India to test demand in larger market

Zoomcar is launching a chauffeur-driven cab rental service in bengaluru, india, expanding beyond its self-drive model. facing competition from ola and uber, zoomcar will offer rentals from two hours to a month, aiming to capture the larger market for cars
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

The olive oil crisis may be over, but is it really?

Olive oil prices are falling from record highs thanks to a bumper harvest in spain and other mediterranean countries. however, depleted global stocks and ever-increasing demand mean prices are unlikely to return to pre-crisis lows. this offers a welcome r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Swan Energy, Singapore’s AG&P Plan JV for LNG operations

Swan energy and singapore's ag&p terminals & logistics have partnered to form two joint ventures focused on lng supply in india and beyond. one jv will handle lng supply, with swan energy holding 51% stake. the other, majority-owned by ag&p lng
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Shree Cement to invest Rs 800 cr to set up cement plant in Bihar

Shree cement, based in rajasthan, will invest rs 800 crore to set up a cement plant in north-east bihar with an annual capacity of 2 million tonnes. the company signed an mou with the bihar government during the bihar business connect 2024 summit.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

India steel imports from China hit record high, data shows

India's finished steel imports, especially from china, surged to record highs in the first eight months of the fiscal year 2024-25. this influx, coupled with increased imports from japan and south korea, has prompted an investigation into potential safegua
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Asia gold price fluctuation dampens demand in India

Gold demand dipped in india this week due to fluctuating prices, causing potential buyers to postpone purchases. dealers offered discounts as jewelers adopted a cautious approach. meanwhile, higher gold rates in china might offset the anticipated seasona
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

How 2024 turned out to be a turbulent ride for Indian flyers

Indian aviation in 2024 faced severe turbulence, from a surge in hoax bomb threats disrupting flights to soaring airfares and infrastructure woes. passengers endured tarmac ordeals, including a distressing incident in mumbai, while a microsoft outage grou
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

What is seat squatting? Why it’s annoying air travelers worldwide

Seat squatting, a rising travel trend, sees passengers claiming unassigned seats, causing disputes and disrupting flights. driven by empty seats, comfort, and minimal oversight, it tests travelers' patience.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Parliament panel suggests strict timelines for solar park developments

A parliamentary panel urges faster solar park development. the panel recommends streamlining approvals and addressing power purchase agreement delays. it suggests a single-window system and standardized contracts. the panel also emphasizes protecting the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Adani Group to invest Rs 28,000 crore in Bihar for power, cement, food processing projects

Adani group will invest rs 20,000 crore in a bihar thermal power plant. the group will expand cement, food processing, and logistics operations. rs 2,300 crore will be invested in logistics, creating 27,000 jobs. smart meter manufacturing will receive r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Bajaj launches new versions of Chetak electric scooter. Check price and features

Bajaj auto unveiled 35 new chetak electric scooter versions, including the 3501, 3502, and 2903 models. these scooters boast a new platform, enhanced features, a refreshed design, and increased storage while retaining the classic chetak aesthetic. the 350
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

NARCL offer for JAL triggers Swiss challenge, a dozen entities interested

National asset reconstruction co ltd (narcl) has offered ₹12,000 crore for the debt-ridden jaiprakash associates ltd (jal), sparking a swiss challenge auction. a dozen entities, including phoenix arc, acre arc, arcil arc, cfm arc, capri global, and cerbe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Realty developers urge govt to reconsider proposal to bring FSI, additional FSI under GST

Indian real estate developers are worried. a proposed 18% gst on floor space index could increase housing prices. the developers' body, credai, warns of a 7-10% price hike. this impacts affordability and the 'housing for all' mission. credai says the tax w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

How to buy second-hand electric cars in India?

A comprehensive guide helps navigate the booming second-hand electric car market in india. potential buyers can find cost-effective, eco-friendly vehicles by researching models, verifying battery health, inspecting charging infrastructure, and securing pr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Pamban Bridge completed: A modern engineering marvel connecting India's mainland to Rameswaram

The new pamban bridge, a 2.05 km-long engineering marvel, connects mainland india with rameswaram island. featuring a unique vertical lift span, it boosts train speed and maritime traffic while enhancing tourism.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Honda Cars to hike vehicle prices by up to 2% from January

Honda cars india will increase prices across its model range by up to 2% starting january 2025 to offset rising input and logistics costs. this includes a mid-january revision for the recently launched third-generation amaze. the automaker joins others lik
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Key Supreme Court ruling comes in case involving capping of charges on late credit card bill payment

The national consumer court had in 2010 restrained banks from charging interest rates in excess of 30% per annum from the credit card holders for their failure to make full payments on due date.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Kia Syros SUV unveiled in India: Explore its stunning design, features & specs

The 2024 kia syros suv cars is available in 8 stunning colours in india - glacier white pearl, sparkling silver, gravity gray, intense red, aurora black pearl, imperial blue, pewter olive, frost blue.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Maruti Suzuki teases electric version of Vitara, the eBorn SUV; to showcase at Bharat Mobility Expo

Maruti suzuki is launching its first electric suv. the evitara will debut at the bharat mobility global expo 2025. the company plans a charging network. this will include home and dealership charging options. the evitara is a global model made in india.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Winter breaks for schools announced: Check dates and other details for key states

Winter is coming. schools across india are closing for winter break. delhi schools will close from january 1st to 15th. punjab and haryana schools also have scheduled breaks. winter vacations vary for different classes in jammu and kashmir. rajasthan an
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Disruptive 10-minute deliveries spread to India’s food business

Indian food delivery apps race to deliver meals in 10 minutes. zomato, swiggy, zepto and others battle for impatient consumers. some companies use in-house kitchens, others partner with restaurants. this rapid delivery raises concerns about food quality
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Ontario Teachers' Pension Plan in advanced talks to acquire majority stake in Omega Healthcare

Ontario teachers' pension plan (otpp) is in advanced discussions to acquire a majority stake in omega healthcare management services for .7-1.8 billion. otpp plans to invest 0-800 million, potentially partnering with goldman sachs, who currently hold
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Cos binge on costly dollar loans, NBFCs lead chart

Indian companies ramped up overseas borrowings in 2024, exceeding billion by october, surpassing the total for 2023. non-bank finance companies led the charge, borrowing over billion, primarily for on-lending. high us interest rates didn't deter
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Mahindra & Toyota set to achieve record sales in Indian car market amidst industry challenges

Mahindra & mahindra and toyota kirloskar motor are projected to achieve record sales in 2024, driven by new launches. this contrasts with the struggles of other major players like maruti suzuki and hyundai in a slowing indian car market. toyota's succe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Travelling for concerts surged 44% this year indicating an experience-led economy: Paytm

Travel bookings surged 44% in 2024, with concerts driving much of the increase, according to paytm. mumbai and dubai topped destination searches, while younger travelers favored affordable bus trips and pilgrimages. long weekends and visa-free options lik
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Pocket FM listeners streamed over 100 billion minutes globally

The report underscores the global appeal of storytelling and immersive audio experiences over the past year. the platform captivated a broad demographic, with 54% of listeners being gen z, 37% millennials, and 5% gen x. gender distribution was nearly even,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Rising share of GCCs in office leasing

Global capability centres (gccs) are expected to be key drivers of demand for grade a office space in india, contributing 40-50% of leasing activity by 2025.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Ammonia supply in SIGHT of NTPC Green Energy

Ntpc green energy is exploring supplying green ammonia from its upcoming pudimadaka hub to nearby fertilizer plants. the hub, with a daily output of 1,500 tonnes of green hydrogen and 4,500 tonnes of green ammonia, could provide up to 150,000 tonnes annual
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Realtors get notices questioning ₹3,500 cr input tax credit claims

Gst authorities have issued show cause notices to several property developers, questioning roughly ₹3,500 crore in input tax credit claims following a supreme court ruling. developers are contesting the notices, arguing that officials are misinterpretin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Netflix India readying to get into the Ring with WWE in sports entertainment foray

Wwe programming will move to netflix india in 2025. the current deal with sony pictures networks india expires then. netflix will stream raw, smackdown, and nxt. this marks netflix india's first venture into sports entertainment. this shift could chall
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

Air India orders 34 training aircraft for flight school

Air india has placed an order for 34 trainer aircraft to establish a pilot training school in amravati, maharashtra. the school, slated to open in late 2025, aims to create a direct pipeline of qualified pilots for the airline and the indian aviation indu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-20

IOC to invest over Rs 21,000 cr in Bihar refinery expansion, city gas projects

Indian oil corporation (ioc) is investing over rs 21,000 crore to upgrade its barauni refinery in bihar and establish a city gas distribution network. the refinery's capacity will increase to 9 million tonnes per annum, alongside a new petrochemical plant.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Airtel prepays Rs 3626 crore to DoT, clears 2016 spectrum auction dues

Bharti airtel prepaid ₹3,626 crore to the department of telecommunications, clearing its 2016 spectrum auction dues. this move saves on interest costs and boosts cash flow for 5g expansion and rural 4g coverage. airtel has prepaid a total of ₹28,320 c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

NTPC plans to set up nuclear project in Bihar: CMD Gurdeep Singh

Ntpc's chairman announced plans for a nuclear power project in bihar, boosting the company's non-fossil energy portfolio. the company has requested land from the state government and will conduct a feasibility study. ntpc also aims to develop significant
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Property prices at Dwarka Expressway increases by 29% in 2024

Dwarka expressway in gurugram has seen a post-pandemic residential boom, becoming the area's largest market. new launches have doubled, driven by improved connectivity and developer interest. the trend favors premium apartments, shifting from the previou
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Bharti Airtel prepays 36.26 bn rupees to clear 2016 spectrum dues

Bharti airtel has made an early payment of 36.26 billion rupees (6.4 million) to the indian government, clearing its outstanding spectrum fees from a 2016 auction, the telecom carrier said on thursday.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Bihar govt to soon announce policy for renewable energy sector

Bihar is finalizing a renewable energy policy with single-window clearances to attract investment. the state government offers land, power, and support for projects like transformer manufacturing, smart meters, and pumped storage. upcoming projects inclu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

BHIVE appoints Ruchi Challu as Head of People and Culture to drive transformation ahead of IPO

Ruchi challu, with 17 years of experience, has been appointed bhive's head of people. as bhive prepares for its ipo, challu will lead the transition to a process-driven organization, focusing on scaling operations and enhancing leadership capabilities for
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

'Savings Wala Scooter' now to be available everywhere, says Ola CEO Bhavish Aggarwal

Ola electric plans to establish 4,000 stores by 25th december 2024, aiming to make evs accessible across india. this initiative includes co-located service facilities, new scooter models starting at rs 39,999, and programs to train mechanics and onboard pa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Private equity investments in Indian realty touches .2 billion in 2024

Private equity investments in indian real estate surged 32% to .2 billion in 2024, driven by the warehousing sector's remarkable 136% growth. mumbai attracted the lion's share of investments, while residential and office sectors also witnessed significa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Zydus Lifesciences gets USFDA nod for generic topical anaesthetic cream

Zydus lifesciences got usfda approval for a generic anesthetic cream. the cream combines lidocaine and prilocaine. it numbs skin for minor procedures. production will happen at their ahmedabad site. this cream already generates millions in us sales.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

No impact of Swiss withdrawal of MFN status to India: Nestle India

Nestle india has clarified that switzerland's suspension of the most favored nation clause under their tax treaty won't affect the company. the fmcg giant stated the issue is a broader policy matter between the two countries and not specific to nestle. the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

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