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

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 while ac sales surge, a safer, cheaper, and more efficient refrigerant, propane (r290), is being held back by outdated regulations.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

IndiGo's Head of Global Sales Vinay Malhotra resigns

Vinay malhotra, indigo's head of global sales, has resigned. he will leave his position on july 3. malhotra is seeking new opportunities outside the airline. this follows recent leadership changes at the country's largest airline. indigo previously announc
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

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

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

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 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

WeWork India opens new coworking centre in Delhi with over 1,400 desks

Wework india has launched a new co-working space in aerocity, new delhi. this expansion adds 1.1 lakh sq ft and over 1,400 desks to its operations. the company is growing to meet the increasing demand for flexible workspaces. this marks wework india's 17th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

EVs moving at faster speed in premium lane

India's electric car market is seeing growth in premium segments. carmakers are launching more expensive models, with sales in the ?20-30 lakh bracket rising significantly. the share of cars below ?10 lakh has decreased. luxury ev demand is also strong. th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

Vodafone Idea eyes ?25,000 crore SBI-led funding after AGR relief

A state bank of india led consortium is looking at providing ?25,000 crore debt funding to vodafone idea. this comes after the government significantly reduced the telco's dues. vodafone idea is also seeking ?10,000 crore for working capital. the company p
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-04

Ramkrishna Forgings set to foray into forged wheel production next month

Ramkrishna forgings is set to make waves in the manufacturing sector as they commence operations at their chennai facility in june. this venture into forged wheel production positions them to create asia's second-largest wheel manufacturing unit. with an i
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Radisson aims 160 hotels, 19,500 keys in India by end-2026: Co executive

Radisson hotel group is set to significantly expand its presence in india. the company anticipates operating 157 to 160 hotels with nearly 19,500 rooms by the end of 2026. this growth aligns with their ambitious goal of reaching 500 hotels across india by
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

UAE oil giant ADNOC pledges billion in new projects by 2028: statement

The abu dhabi national oil company on sunday pledged to spend billion on new projects over the next two years, just days after the united arab emirates' officially left the opec oil cartel. the uae has been an opec member through the emirate of abu dh
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM Siddaramaiah

Local alcohol manufacturers in karnataka have urged chief minister siddaramaiah to review the proposed liquor tax system, saying it favours multinational premium brands over cheaper local products.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

UltraTech wins trademark battle; Bombay High Court bars ‘Ultra’-branded rival cement

The bombay high court has handed ultratech cement a significant legal victory, preventing shiv cement co. from utilizing the 'ultraplus' and 'ultrahitouch' branding. the court identified these trademarks as confusingly alike to ultratech’s renowned product
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Maruti Suzuki India starts FY27 with increase in market share to 42 pc

Maruti suzuki india has kicked off fiscal 2026-27 with a significant market share increase to 42%, up from 39% in the previous fiscal. the company achieved record domestic sales of 1,91,122 units in april, driven by strong performance in both passenger car
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Auto industry faces ?25,000 crore profit hit in FY26 due to end-of-life vehicle rules

India's automotive sector is gearing up for a stormy fiscal forecast. stricter environmental regulations, retroactive to previous vehicle sales, are predicted to dent profits by around rs 25,000 crore in fy26.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Cabinet to soon approve Rs 37,500 cr incentive scheme to promote coal gasification projects

The union cabinet is poised to approve a rs 37,500 crore incentive scheme to promote coal gasification projects. this initiative aims to boost clean energy production, reduce import dependence on critical commodities like lng and urea, and enhance the util
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

OPEC+ set to approve third supply increase since Hormuz disruption, sources say

Opec+ plans a small oil output increase. this boost will be symbolic as the u.s.-iran conflict blocks vital gulf oil routes. the strait of hormuz closure severely limits exports from key members. this disruption has already sent oil prices soaring. analyst
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Two separate venues for pharma industry expos in Delhi-NCR

Cphi india and pmec india are expanding their pharmaceutical expos to two venues in delhi-ncr. this move aims to support the rapid growth of india's pharma sector. the events will offer greater business engagement and specialized networking. cphi india wil
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

AERB clears equipment installation at Tamil Nadu's Kudankulam Nuclear Power Project Units 5 and 6

A significant milestone has been achieved at the kudankulam nuclear power project. the atomic energy regulatory board has approved the erection of major equipment for units 5 and 6. this development brings india's nuclear energy program closer to expanding
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Central Asia's VC ecosystem hits record 0 million in 2025 but faces a critical pipeline, capital gap: Report

Central asia's venture capital funding hit a record usd 320 million in 2025. this growth was boosted by two major deals. however, the region faces a substantial capital gap and needs more startups to invest in. cross-border integration is increasing. s
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

OPEC+ to make first post-UAE production decision

Seven opec+ nations are meeting to set oil production quotas -- the first decision since the uae left the cartel. the war in the middle east has already pushed oil prices higher. markets expect a small increase in production, but actual output is already b
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Lodha Developers aims 2.5-fold jump in annual net profit to Rs 8,500 cr by FY31: MD Abhishek Lodha

Lodha developers plans a significant profit increase by fiscal 2031. the company targets over rs 8,500 crore in net profit. this growth is fueled by strong demand for homes and commercial properties. lodha developers has a robust development pipeline and a
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Delhi Metro expansion: CM Rekha Gupta to unveil 97 km plan under Phase V(b)

Delhi chief minister rekha gupta is set to announce phase v (b) of the delhi metro, a 97-km expansion across seven corridors with 65 stations. this ambitious project, costing over rs 48,000 crore, aims to extend the network into outer city areas, enhancing
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Air India board meeting on May 7; cost-saving steps, CEO selection likely on agenda

Air india's board meets may 7 to discuss cost cuts and a new ceo. the airline faces significant losses and challenges from rising jet fuel prices and west asia conflict. plans include unbundling meals and lounge access. the search for a new ceo is underway
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil Analyst

Indian aviation faces tough times as fuel prices remain high. aviation turbine fuel costs are a major burden for airlines. this pressure is forcing airlines to cut discounts and increase fares. some routes may be reviewed. demand could be affected if p
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Cement cos in Meghalaya imported nearly 3 lakh mt of coal without valid papers: HC-appointed panel

Two cement companies in meghalaya face accusations of violating norms in transporting over 2.93 lakh metric tonnes of coal. a high court-appointed committee reported the companies moved the coal without mandatory approvals. this movement also lacked essent
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Ceigall India says its joint venture CIL-SAM bags Rs 918-cr order from Jaipur Metro

Ceigall india's joint venture, cil-sam india, has secured a rs 918.04-crore project from jaipur metro rail corporation for phase-ii expansion. the contract involves designing and constructing an 10.8 km elevated viaduct and ten metro stations, with a 34-mo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Shortage of competition in Indian market to support Unilever's volume growth: CEO

Unilever anticipates increased sales in india. global supply chain issues and higher packaging costs are creating openings. local competitors face challenges, allowing unilever to expand its market share. the company is confident in its ability to manage p
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Raja Shivaji Box Office Collection: Riteish Deshmukh's movie bags Rs 11.5 cr on day 2

Riteish deshmukh's historical epic 'raja shivaji' has achieved a strong opening at the marathi box office, earning rs 11.50 crore on its second day and a total of rs 23.90 crore by saturday.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Air Arabia plane grounded in Chennai after passenger opens emergency exit, sparks security scare

Tension gripped chennai international airport when a passenger opened an emergency exit door on an air arabia flight from sharjah. the aircraft was taxiing when the incident occurred. the pilot halted the plane and alerted authorities. cisf personnel swift
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Punjab & Sind Bank aims to cross total business milestone of Rs 3 lakh cr in FY27

Punjab & sind bank is targeting a significant milestone of rs 3 lakh crore in total business by the end of the current financial year. this ambitious goal is driven by expected loan growth and deposit expansion. to fuel this expansion, the bank plans t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Nestle India looks for volume-led growth despite price volatility amid geopolitical uncertainties

Nestle india aims for volume-led growth in the new fiscal year. the company is cautious about price volatility stemming from rising input costs and geopolitical tensions. nestle india will continue to invest in its brands and expand its rural reach. the co
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Jharkhand CM Soren flags 'unacceptable condition' of Chandil–Tata railway section

Jharkhand chief minister hemant soren has expressed concern over the 'unacceptable condition' of the chandil–tata rail section, highlighting consistent hours-long delays for passenger trains over the past two years. he urged railway minister ashwini vaishn
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Dharavi Redevelopment: Upper-floor home rehab hinges on ground-floor eligibility

Upper-floor residents in the dharavi redevelopment project may face eligibility challenges, as their rehabilitation depends partly on whether the ground-floor occupant qualifies. under a maharashtra government resolution, they can get 300 sq ft homes in th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Tourism gains momentum in Manali of Himachal Pradesh; hotel occupancy reaches up to 80 per cent

Manali is witnessing a surge in tourist activity this season. hotel occupancy is high, with expectations of a record-breaking period. pleasant weather and lingering snow are drawing visitors. tourism operators have enhanced preparations. tourists are enjoy
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Mobile money doubles to trillion in 4 years as digital payments surge globally: Report

Global mobile money transactions surpassed trillion in 2025, doubling in value within four years. this growth is fueled by increased user activity and a shift towards everyday merchant payments, which saw a 42% rise. providers are also expanding into sa
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

As mercury soars, e-commerce platforms step up measures to protect delivery workers

Indian e-commerce and quick-commerce platforms are introducing measures to protect delivery workers from severe heatwaves. companies are providing cooling gear, air-conditioned rest hubs, and health check-ups. initiatives include specialized jackets, shade
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Northeast Frontier Railway-IIT Guwahati ink MoU to enhance rail safety

Northeast frontier railway is collaborating with iit-guwahati to implement a new camera system. this advanced technology will monitor railway tracks continuously. it uses special sensors and gps for high accuracy. the system detects track issues in real-ti
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-03

Government reviews households with dual LPG, PNG connections

The government is identifying households with both lpg and png connections. this move aims to stop dual ownership and prevent subsidy misuse. households with piped natural gas connections must now surrender their domestic lpg connections. this policy is be
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Centre proposes rules to recognise higher ethanol fuels

India's road transport ministry is set to update vehicle emission rules. higher ethanol fuels like e85 and e100, along with b100 biodiesel, will now be part of the country's emission testing and certification. this move aims to formalize the inclusion of t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Banks allowed to offer natural calamity relief suo motu from July 1

The reserve bank of india is enabling banks to provide immediate relief to borrowers impacted by natural disasters. banks can now offer rescheduling, moratoriums, and additional finance without waiting for borrower requests. the implementation of a new res
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

UCO Bank sees no MSME stress from US tariffs, Iran war

The public sector bank's chief executive, ashwani kumar, told et that its loan portfolio performance behaviour is healthy on a year-on-year basis. the bank's special mention accounts in the msme portfolio having exposure of ?1 crore and above reduced to 1.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

West Asia War: Bulk diesel buyers switch to pumps, add to OMC losses

West asia war: oil companies face a 30-50% drop in diesel sales to bulk customers. large buyers are now purchasing fuel from retail pumps where prices are about ?50 per litre cheaper. this shift is extending losses for oil marketing companies. state transp
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

India’s credit card market expands to 119 million, PSU banks gain in spends

India's credit card market has surpassed 119 million cards. hdfc bank, sbi cards, icici bank, and axis bank dominate this sector. hdfc bank is expanding its lead in both card numbers and spending value. public sector banks are showing strong growth, especi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Federal Bank to acquire StanC India credit card portfolio

Federal bank is set to acquire a significant credit card portfolio of approximately 4.5 lakh cards from standard chartered bank, india. this strategic move aims to bolster federal bank's existing card base, particularly in top indian cities, and enhance it
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

From 'pure milk' to Scotch: Bihar’s secret language of liquor

Bihar's decade-old alcohol ban has not stopped drinking. instead, it has fueled a secret delivery system. coded words like 'pure milk' and 'sonapapdi' are used for alcohol. young couriers deliver liquor discreetly. this underground trade is estimated to be
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

No LPG shortage, government clarifies amid West Asia crisis; urges public to stop panic buying

Domestic lpg supply remains at 100 percent amid the west asia crisis. no dry-outs have been reported nationwide. online lpg bookings are nearly 98 percent. oil marketing companies are ensuring uninterrupted supply. the public is urged to avoid panic buying
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Banks asked to expand digital infra for last-mile reach

Financial services secretary m nagaraju on wednesday reviewed the progress of financial inclusion schemes with public sector banks (psbs) and major private banks.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Hindustan Unilever bets on price hikes, cost cuts to counter Mideast-driven pressures

Hindustan unilever reported an 18% profit jump. the company is using cost cuts and price hikes to manage volatility from the middle east war. rising raw material costs are impacting consumer goods makers. hindustan unilever maintained its mid-term earnings
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

First-time borrowers climb to 4.4 crore despite tighter lending norms: Report

India's new borrowers have reached 4.4 crore, boosting credit growth and financial inclusion. lenders are more selective, yet this segment remains vital. women's participation is increasing significantly. consumer durable loans are the main entry point. ma
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

HUL is caught in a war of costs as Middle East conflict flares

Hindustan unilever celebrated a solid profit for the march quarter, yet issued a caution regarding escalating geopolitical tensions. the ongoing conflict in iran is predicted to influence both commodity prices and currency stability. in response, managemen
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Standard Chartered to sell bulk of Indian credit cards to Federal Bank

Standard chartered is selling a significant portion of its indian credit card portfolio to federal bank. this move aligns with standard chartered's strategy to concentrate on its wealth management business in india. the deal is expected to be finalized by
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Gujarat Cotex to raise nearly Rs 43 cr through rights issue

Gujarat cotex is set to raise approximately rs 43 crore through a rights issue to fund its expansion projects, including a new premium hotel. the issue, offering six shares for every one held, opened on april 10 and closes may 8. proceeds will also bolster
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Finance Secretary reviews PSU insurance strategy

Financial services secretary m nagaraju reviewed strategy documents for four public sector insurance companies. he directed them to boost investment opportunities and cut loss ratios. the companies must also maintain market share. strengthening retail port
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Ramky takes over Skylark's stalled projects

The swamih investment fund is set to inject up to ?600 crore into ramky estates, breathing new life into stalled residential projects across bengaluru. this crucial funding will provide much-needed relief to over 1,800 homebuyers awaiting their dream homes
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Iran war to supercharge Asia's move from fossil fuels to electrons

The u.s. and israeli conflict with iran is accelerating asia's shift to electrification, particularly electric vehicles and battery storage. this pivot is driven by the potential loss of oil and lng supplies, with significant growth anticipated in two- an
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

HUL to take calibrated price hikes amid cost pressures; demand situation stable: CEO Priya Nair

Hindustan unilever will implement calibrated price increases to counter rising input costs, focusing on volume-led growth. the company remains confident in its ability to protect volumes in daily essential categories due to low price elasticity. hul is als
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

Noida International Airport effect: Faridabad’s long-stalled realty market eyes breakout after decades in NCR shadow

The noida international airport is poised to revitalize faridabad's real estate market, which has historically lagged behind other ncr hubs. improved connectivity to the airport and other key corridors is expected to drive demand for residential and commer
Tag: Industry India    Source: indiatimes.com   Dated: 2026-04-30

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