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Industry India NEWS. Stock Market NEWS Updated Daily

Industry India NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

Industry India NEWS. Stock Market NEWS Updated Daily

Kia Syros revealed: Check specifications, features of the new sub-compact SUV here

Kia unveiled the syros, a new compact suv for the indian market, set to launch in 2025. inspired by the carnival, ev3, and ev9, the syros boasts a boxy design with unique led headlamps and a spacious interior. pre-orders begin january 3rd, with deliveries
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

India has to capture global EV market, compete against China: Nitin Gadkari

Union minister nitin gadkari projected a tenfold growth for india's electric vehicle industry, urging manufacturers to seize the global market. speaking at evexpo 2024, he envisioned india becoming the top automobile producer within five years, driven by e
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

TDSAT declines stay on DD Free Dish pay channel regulation, gives broadcasters two weeks to comply

The telecom disputes settlement and appellate tribunal (tdsat) rejected broadcasters' plea to stay trai's new tariff regulation for dd free dish. broadcasters must now publish a revised reference interconnect offer within two weeks. the regulation mandates
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Air India orders 34 aircraft for flying training organisation in Amravati

Air india has ordered 34 trainer aircraft, including 31 single-engine planes from piper aircraft (usa) and 3 twin-engine aircraft from diamond aircraft (austria), for its upcoming flying training organisation (fto) in amravati, maharashtra. set to start in
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

CCI raids Pernod, Budweiser maker AB InBev in liquor industry crackdown

India's antitrust body, the competition commission of india (cci), raided the offices of alcohol giants pernod ricard and anheuser-busch inbev in hyderabad, as well as some retailers in telangana, over allegations of price collusion with retailers. this ma
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Accor expands its footprint in Goa with new luxury hotel projects

Accor and dangayach group are partnering to bring two new luxury hotels to goa by 2030. raffles goa shiroda will offer 120 villas, while fairmont goa will boast 400 rooms. both properties will feature extensive amenities, including restaurants, spas, and e
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Pvt equity investment in Indian real estate up 32pc in 2024 to USD 4.15 bnn: Knight Frank

Indian real estate attracted .15 billion in private equity investments in 2024, a 32% year-over-year increase. the warehousing sector led with 45% of investments, followed by residential (28%) and office (26%). residential investments more than doubled
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Micromax and Phison join hands to design, manufacture storage modules in India

Micromax informatics and phison have formed miphi, a joint venture to design and manufacture storage modules in india. this partnership combines micromax's market knowledge with phison's storage expertise, aiming to boost india's electronics ecosystem. mi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

SpiceJet, Genesis reach agreement in million dispute, share prices shoot up

Spicejet and genesis resolved a million dispute. spicejet paid million and gave genesis million in equity. this settlement strengthens spicejet's financial position. the airline's shares rose after the news. spicejet continues its financial rec
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

The new changing vibrant India presents huge opportunity for us: Diageo global HR director

Diageo, a global beverage company, is focusing on growth and diversity in india. they aim for 50% female leadership by 2030 and are investing in local talent. employee well-being is prioritized through inclusive policies like equal family leave, menopaus
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

'Have self respect, don't fleece company': Amid job cuts, Ola CEO Bhavish Aggarwal warns employees over poor attendance. Read full letter

Ola ceo bhavish aggarwal addresses poor employee attendance. he warns of stricter measures starting monday. ola is also cutting 500 jobs to improve profitability. meanwhile, ola electric plans major expansion. they aim to increase stores from 800 to 4,000
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

JSW Infrastructure commits Rs 30,000 cr to expand cargo capacity to 400 MTPA by FY30

Jsw infrastructure (jswil) plans to invest ₹30,000 crore between fy25 and fy30 to expand its cargo-handling capacity to 400 million tonnes per annum (mtpa) by fy30. the expansion includes upgrading existing ports in jaigarh, dharamtar, and goa, developin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Gautam Adani launches new renewable energy brand campaign

Adani group's new campaign, "first the fan will come, then electricity will come," highlights the transformative power of renewable energy in rural communities. through a moving story, the ad underscores the company's commitment to clean energy and its pos
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

'Pamban Bridge', India’s first vertical lift sea bridge is ready in Rameshwaram

Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Tamil Nadu: Madurai junction being redeveloped under Amrit Bharat Station Scheme

Madurai junction is getting a major upgrade. the station will have new terminals and multi-level parking. skywalks will connect different areas. passengers can expect airport-like facilities. these include ac waiting halls, restaurants, and shops. the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

A unique opportunity to expand luxe hotels in India: Omer Acar, CEO, Raffles & Fairmont

Luxury hotel brands fairmont and raffles are expanding in india. fairmont will open four new properties in mumbai, udaipur, agra, and shimla fagu within two years. raffles will open a new hotel in goa by 2030. these openings reflect the growing demand for
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Kia India bets on new models for a robust 2025

Kia india anticipates robust sales growth in 2025, driven by economic recovery and new models like the syros compact suv. despite a flat 2024, the company projects 300,000 unit sales next year, banking on india's expanding middle class and the rising pre
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Indian EV market may hit Rs 20 lakh crore by 2030, create 5 crore Jobs: Nitin Gadkari

India's electric vehicle sector is set for massive growth. the market is projected to reach ₹20 lakh crore by 2030. this growth could generate 5 crore jobs. the ev financing market is estimated to reach ₹4 lakh crore. minister nitin gadkari urged manu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Trai move on int'l SMSes unlikely to help Reliance Jio, Bharti Airtel and Vodafone Idea's cash flow

Last week, trai issued recommendations to industry definitions of 'international' and 'domestic' traffic, which were missing in the unified licence so far. these recommendations need department of telecommunications approval to come into effect. the notice
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

AG&P to invest up to Rs 8K cr to expand city gas network

"ag&p pratham has invested billion across the authorized geographical areas for building the network as of december 2024. we plan to invest a further billion in the coming years to expand the infrastructure and facilitate the adoption of natural
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

ONGC in talks to buy Sprng Energy's 125MW operating solar asset

Shell acquired renewable energy platform sprng energy from private equity investor actis in august 2022 for an enterprise value of .55 billion. sprng then operated 2.1 gw of renewable energy assets. shell aims to stay invested in sprng energy while selli
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

ONGC in talks to buy Sprng Energy's 125MW operating solar asset

Shell acquired renewable energy platform sprng energy from private equity investor actis in august 2022 for an enterprise value of .55 billion. sprng then operated 2.1 gw of renewable energy assets. shell aims to stay invested in sprng energy while selli
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Poonawalla Fincorp to implement artificial intelligence in human resource processes

The company, which saw a top management rejig earlier this year including appointment of new md and ceo arvind kapil who took charge in june, has undertaken an ai led transformation of talent acquisition. “ai is a critical development and one of the big
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Bengaluru transport utility BMTC orders 148 electric buses from Tata Motors

Bangalore metropolitan transport corporation (bmtc) has expanded its electric bus fleet with an additional order of 148 tata starbus evs. this follows a successful deployment of 921 electric buses, achieving over 95% uptime. the 12-meter low-floor buses w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

PDVSA and Reliance resume oil swap under US license, document shows

Venezuela's pdvsa and india's reliance industries have restarted an oil swap deal after a pause due to u.s. sanctions. a u.s. license granted in july allowed the resumption. pdvsa recently shipped nearly 2 million barrels of crude to india, receiving 500
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

InterGlobe Aviation to extend USD 43 mln loan to IFSC subsidiary

Indigo's parent company is set to provide a substantial loan to its subsidiary. the loan amounts to usd 43 million. this funding will enable indigo ifsc to acquire new aircraft. indigo ifsc is an aircraft lessor located at gift city. the loan agreement
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

GIFT City receives ISO 27001 certification for data protection

Gujarat international finance tec-city (gift city) has achieved iso 27001 certification for its robust information security management system. this accomplishment highlights gift city's dedication to upholding top-tier security standards, attracting globa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Airlines seek more time for revised flight duty norms; pilot bodies' seek implementation by Feb

Indian airlines want more time to implement new pilot duty rules. they say they need more crew and a system to manage pilot fatigue. pilot groups want the rules in place by february 15. the rules aim to reduce pilot fatigue. airlines say the changes will i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Tata Consumer Products denies reports on exit of Starbucks from India

Tata group refuted rumors of starbucks leaving india. starbucks operates 457 stores in india through a joint venture with tata. the company aims to reach 1,000 stores by fy28. starbucks india revenue grew but losses widened due to expansion. tata stated
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Delhi High Court quashes Rs 176 crore VAT demand on Pawan Hans

The delhi high court overturned a rs 176 crore vat demand against pawan hans, a helicopter charter company. the court ruled that the agreements with various governments and entities for helicopter use did not constitute a "transfer of right to use" under t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

CAG flags Rs 194 cr loss incurred by Oriental Insurance in FY20

India's government auditor unearthed costly mistakes. oriental insurance company lost rs 194 crore on a crop insurance scheme. they also lost rs 14.92 crore on an uninsured policy. sbi cards lost rs 19.65 crore due to poor credit checks. uti infrastructu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Tata Steel's Dutch plant gets year to clean up coke oven

Dutch regulators have threatened to shut down a key coke oven at tata steel's ijmuiden plant within a year if pollution isn't curbed. tata warned that closing the oven could jeopardize the entire steel plant, while arguing it had already made significant
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Govt says 102 aircraft on ground due to supply chain issues

India's aviation sector faces headwinds with 102 grounded aircraft due to global supply chain disruptions. minister of state for civil aviation, murlidhar mohol, informed the lok sabha that these groundings stem from difficulties in procuring necessary par
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

NHPC plans to invest Rs 5,500 crore in renewable energy in Bihar

Nhpc plans to invest over rs 5,500 crore in bihar's renewable energy sector, including solar, floating solar, and storage projects. cmd raj kumar chaudhary highlighted the need for state government support in land acquisition and approvals, citing sjvn's
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Increasing tax on EVs will make it difficult for electrification journey: Kia India MD & CEO

Kia india predicts 17% sales growth, targeting 3 lakh units in 2025. the company launched its new suv syros, with deliveries starting in february. kia aims to capture 20% of the compact and mid-suv segment. a potential ev tax hike poses a challenge.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Tourism boom to spur 24% annual growth for 5 years

India's tourism sector is projected to surge over 24% annually for the next five years, fueled by economic growth and govt initiatives. the govt aims to address the demand-supply gap causing high costs and is encouraging states to develop affordable hotel
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

ICICI Bank and Times Internet launch Super-Premium Credit Card

Icici bank and times internet have launched a super-premium credit card, 'times black,' crafted from historic times of india printing plates. targeting ultra high-net-worth individuals, the card offers exclusive benefits like lounge access, reward points,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Fintechs seek RBI nod for credit line on UPI platform

Digital lending nbfcs have requested the reserve bank of india to allow them to offer pre-approved credit lines on the upi platform. they argue this will broaden access to low-cost, short-term credit, particularly for those new to credit, aligning with th
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

GMR Sports refinances Rs 1,000 crore debt via ADIA, Barclays

Gmr sports ventures refinanced ₹1,000 crore of debt through adia and barclays at a lower double-digit interest rate. the bonds, originally raised at 16%, were refinanced to reduce costs. this is part of gmr group's broader strategy to refinance debt acr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

MCA slashes penalty on iPhone maker Wistron

Wistron infocomm manufacturing (india) and key personnel received a 72% penalty reduction from the corporate affairs ministry for failing to appoint a company secretary on time. the original penalty of ₹11.89 lakh was lowered to ₹3.35 lakh. wistron, n
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

NPPA ropes in patent office to decide on pleas for price cap exemption

India's drug pricing regulator, nppa, is increasing scrutiny of pharmaceutical companies seeking price exemptions. the nppa is collaborating with the indian patent office to evaluate applications, including those from intas pharmaceuticals and biological
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

High local cell prices may impact tariffs of solar projects: Crisil

Crisil market intelligence & analytics reports that high domestic solar cell prices, 1.5-2 times higher than chinese alternatives, could increase solar project costs and tariffs. domestic cell capacity is expected to quadruple by 2026, but timely commi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Pay-TV might be having a hard time now, but it's too early to write it off

India's pay-tv industry is facing a decline in subscribers, falling below 100 million for the first time in 30 years due to competition from ott platforms, dd free dish, and youtube. however, industry leaders remain optimistic, citing the value and reach o
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Endurance Tech MD Jain buys bungalow in Delhi for Rs 130 crore

Anurang jain, managing director of endurance technologies, purchased a ₹130 crore bungalow in new delhi's kautilya marg. this adds to the surge in luxury home sales this year, with 58 ultra-luxury homes sold across delhi, mumbai, and hyderabad, reflecti
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

OTT regulation comes under I&B Ministry, says Jyotiraditya Scindia

Communications minister jyotiraditya scindia stated that regulating over-the-top (ott) platforms falls under the i&b ministry's jurisdiction. telecom operators are urging otts to share infrastructure costs, but otts argue this would stifle innovation.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Holiday rush: Most top-end hotels sold out for the year end despite rise in overseas travel

India's leisure destinations are experiencing a surge in year-end holiday bookings, with increased occupancies and higher room tariffs compared to last year. luxury hotels in rajasthan, including those owned by ihcl, are nearing full capacity, while goa a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-19

Cochin Shipyard builds environment-friendly general cargo vessels for Norway's Wilson ASA

Cochin shipyard's subsidiary, udupi-cochin shipyard, launched the first of six cargo vessels for norway's wilson asa. these eco-friendly vessels, designed by conoship international, will operate in european coastal waters. wilson asa has placed follow-on
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Indians opt for lighter, lower carat jewellery as gold prices soar

Rising gold prices in india have led many families to opt for lightweight, lower-carat jewellery. with gold prices up 22% in 2024, buyers are choosing 18-carat over traditional 22-carat gold to save costs. advances in manufacturing allow for lighter, tradi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Reliance Nippon Life starts negotiation with IndusInd Bank on bancassurance tie up

Reliance nippon life insurance and indusind bank are discussing a partnership. iihl's acquisition of rcap is almost complete. this partnership will boost the insurance business. iihl plans to expand its financial services. the deal is expected to close nex
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Gem, jewellery exports decline 12.9 pc to USD 1,986 million in November: GJEPC

India's gems and jewellery exports fell by 12.94% in november. this reached usd 1,986.21 million. geopolitical issues impacted the sector. cut and polished diamond exports dropped significantly. lab-grown diamond exports also decreased. however, plain
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Sanjay Dutt's scotch whiskey brand Glenwalk aims 4X sales boost in Maharashtra with new 200ml bottle

Sanjay dutt's scotch whisky brand, the glenwalk, launches a new 200ml bottle priced at rs 500 in maharashtra. aiming to quadruple sales in the region, the brand hopes this accessible format, fresh off a gold medal win at the 2024 iws awards, will expand i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Government appoints Rama Mohan Rao Amara as SBI Managing Director: Report

The state bank of india (sbi) announced on wednesday that the government of india has appointed rama mohan rao amara as the new managing director of the bank. this appointment was reported by reuters, citing sources.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Budget 2025: Retailers seek relief in India's Budget through low interest rates

Union budget 2025: retailers in india are seeking government support in budget 2025. they want lower interest rates and a special fund. the retailers association of india (rai) suggests msme benefits extension and a national retail policy. rai advises a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Indian real estate attracts record USD 8.87 bn institutional investments in 2024: JLL India

Institutional investment in indian real estate reached a record usd 8.87 billion in 2024, a 51% surge driven by robust housing, office, and warehousing demand. foreign investors contributed 63% of the total, with residential attracting the largest share (
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Indian shadow bank Shriram Finance gets record .28 billion loan

Shriram finance ltd. secured a record .28 billion social loan, the largest offshore borrowing by an indian shadow lender. the multi-currency deal includes dollar, euro, and dirham tranches with tenors ranging from three to five years. this borrowing foll
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Airtel Africa to outgun MTN, Orange, Vodacom on revenue growth in 2025: Analysts

Bharti airtel’s africa unit is poised to lead revenue growth among african telcos in 2025, with a projected 20.6% increase, surpassing mtn, orange, and vodacom. airtel africa’s growth is driven by its mobile money, fintech, and fixed wireless segments,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Surat Diamond Bourse: World's largest office building echoes loss of shine in its empty halls

Surat diamond bourse, the world's largest office building, faces slow occupancy a year after opening. despite selling all 4,200 offices, only 150 are operational due to a global diamond business slowdown. the sdb is actively encouraging businesses to move
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

TVS Emerald to acquire Radial IT Park phase II, III for over Rs 575 cr

Tvs emerald will acquire two it park companies. the deal is worth over rs 575 crore. this includes radial (phase ii) it park and radial (phase iii) it park. the acquisitions will expand tvs emerald's reach. the deal is expected to close by december 31,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Hero Xpulse 200 4V Pro Dakar Edition launched: Check price and specifications here

Hero motocorp launched the dakar special edition of the xpulse 200 4v pro at ₹1.67 lakh. bookings commenced wednesday. the dakar edition features a special livery inspired by the dakar rally, knobby off-road tires, adjustable front suspension, and spoke
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

Proposal to impose 35% GST on 'sin goods' not a good idea: SJM

The swadeshi jagran manch, along with other trade bodies, criticizes the proposed 35% gst on "sin goods" like tobacco and aerated beverages. they argue this higher tax slab will fuel smuggling, revenue loss, and harm small retailers while burdening consume
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-18

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