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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

Fairfax India to buy 10% more in Bangalore airport

Fairfax india holdings corporation is increasing its stake in bangalore international airport ltd (bial) to 74% by buying an additional 10% stake from siemens for 5 million. this transaction, which values bial at .55 billion, will close in the march q
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Greenzo to partner France's EODev to launch H2-powered gensets in India

Greenzo energy india (geil) has entered a 20-year partnership with france's eodev to introduce hydrogen fuel cell power generators in india, utilizing toyota's hydrogen fuel cell technology. this initiative aims to replace fossil-fuel-based generators in f
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Carlyle Group sells 4.3% in Indegene for ₹636 cr

Global investment firm carlyle group divested a 4.3% stake in indegene for ₹636 crore via open market transactions, reducing its holding to 10.22%. capital group also sold a 2.24% stake in medi assist healthcare services for nearly ₹93 crore, trimming
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Rajya Sabha passes bill to amend oilfields Act

The rajya sabha passes a bill amending the oilfields act of 1948, offering policy stability, international arbitration, and extended leases to oil and gas explorers. this aims to attract foreign investors by assuring consistent lease terms and allowing the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

SECI now allows Reliance Power, arm to bid in tenders

The case pertains to reliance nu, which participated in a tender, where it allegedly submitted a fake bank guarantee and endorsement. "following the legal proceedings related to this matter, it is hereby notified that the debarment notice issued to m/s rel
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Air India names Captain Basil Kwauk as new COO

Air india has appointed captain basil kwauk as the new chief operations officer starting in january 2025. kwauk, who has extensive experience with singapore airlines and vistara, will replace captain klaus goersch. the latter will step down from his positi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

AAI issues show cause notice to Delhi airport operator DIAL

State-owned aai has issued a show-cause notice to delhi airport operator dial due to structural weaknesses found during an iit delhi study after a roof collapse at terminal 1, resulting in a fatality. following the incident, further strengthening is requir
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

CCI clears ADIA arm’s investments in GMR Infra Enterprises

The competition commission of india (cci) has approved three transactions, including the subscription to optionally convertible debentures of gmr infra enterprises by a trust linked to the abu dhabi investment authority. the cci has also cleared stake acqu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Banks should adopt 'bottom-up' approach for preparing credit plan: RBI's Swaminathan

Rbi deputy governor swaminathan j suggested that banks use a bottom-up approach to prepare credit plans to meet the fund needs of different segments in districts. he emphasized using field surveys for data collection and focusing on underserved groups like
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

IndiGo drags Mahindra Electric to court for trademark infringement of its 6E code

Indigo's parent company, interglobe aviation, has approached the delhi high court, claiming mahindra electric automobiles has infringed on their '6e' trademark. mahindra plans to use '6e' in its upcoming electric suv. both companies are in discussions to r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Insurers may get to diversify operations beyond core business

The finance ministry proposes allowing insurers to expand beyond insurance. the draft suggests new services like guarantee and indemnity services and managing repossessed properties. the proposal includes reforms such as composite registration, reduced cap
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Drive mode! New models rev up EV sales again in November

Electric car sales in india surged by 18% in november, driven by new model launches such as tata motors curvv ev, kia's ev9, and mahindra & mahindra be 6e and xev 9e. tata motors led the sales with 4,191 units, while jsw mg motor india saw a significan
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Three EV makers raided for Rs 297 cr subsidy 'fraud'

The sfio has searched hero electric, benling india, and okinawa autotech for allegedly availing ₹297 crore in subsidies under the fame ii scheme fraudulently. the investigation revealed non-compliance with pmp guidelines. these companies are accused of i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Struggling movie production houses may open their doors to buyers

Large and mid-sized corporations are likely to acquire film production houses due to rising operational costs. with the changing dynamics of filmmaking and shrinking revenues, production houses are working on thin margins. corporations aim to leverage crea
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Flex office segment on realty cos' radar as demand surges

Property developers and institutional investors are increasing investments in managed office spaces due to rising corporate demand for flexible, scalable office solutions. real estate firms like capitaland, prestige, and brigade group are expanding in this
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Peak power demand may rise 5.4-7.8% between Dec & Feb

Peak power demand from december to february is expected to rise by 5.4-7.8% year-on-year, with projections of 230 gw in december, 237 gw in january, and 234 gw in february. the government ensures adequate capacity to meet the increased demand, which has al
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Transition to renewable energy needs ₹30 lakh crore in 7-8 years: Renewable energy secretary Prashant Kumar Singh

Renewable energy secretary prashant kumar singh emphasizes the need for ₹30 lakh crore funding over the next 7-8 years for india’s energy transition. at the cii partnership summit, he highlights the rapid growth in solar capacity and the importance of
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

Air traffic soars, but fares fail to rise much in 10 years

Indian airlines face difficulty increasing fares to cover rising costs and make profits, despite a significant post-covid recovery in passenger traffic. competitive market dynamics and high fuel prices are primary challenges. consolidation in the industry,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

TCIL may offload 5-10% stake in Bharti Hexacom

State-run telecommunications consultants india (tcil) is planning to divest 5-10% of its remaining stake in bharti hexacom through an offer-for-sale. the divestment process, targeting both institutional and public shareholders, is expected to conclude in f
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-03

AIFF signs commercial rights agreement with Shrachi Sports, Sony Sports to telecast I-League matches

The all india football federation (aiff) has signed a commercial rights agreement with shrachi sports endeavour for producing and broadcasting 338 matches in the 2024-25 season, including i-league and iwl games. matches will stream on the ssen app, with 11
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

About 29,200 MW thermal capacity under construction in India: MoS Shripad Naik

India is currently installing 29,200 mw of thermal capacity and planning an additional 51,520 mw. the goal is to reach a power generation capacity of 777.14 gw by 2029-30. numerous projects, including hydroelectric and nuclear, are also under construction
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

RBI moves, asset quality to push NBFCs slow down asset growth to 15 pc in FY25, FY26: Crisil

Rbi's regulatory actions and asset quality trends will slow down nbfcs' aum growth to 15-17% in fy25. stressed microfinance and unsecured loans, compliance requirements, and diversified funding mix are influencing recalibrations. challenges include househo
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

RBI lifts its supervisory restrictions on Sachin Bansal-led Navi Finserv Limited

The reserve bank of india announced the removal of supervisory restrictions on navi finserv limited. this decision follows multiple interactions and submissions from the company, which led to rectifying deficiencies and implementing revamped processes. the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Adani Ports and Special Economic Zone handles 36 MMT cargo in Nov

Adani ports and special economic zone ltd (apsez) handled 36 million metric tonnes (mmt) of cargo in november 2024, with the container segment showing a 21% growth. in the first eleven months of 2024, apsez managed 293.7 mmt cargo, a 7% increase from the p
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

O2 Power inks pact to supply 100 MW electricity to East Central Railways

O2 power has signed a power purchase agreement (ppa) with east central railways to supply 100 mw of renewable electricity. the power will be sourced from o2 power's facilities in rajasthan, gujarat, and karnataka, aiding ecr's decarbonization efforts and c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

MG to launch Cyberster electric convertible in January, to be priced around Rs 65-70 lakh

Jsw mg motor india's mg select brand unveils the mg cyberster, a luxury electric convertible inspired by the 1960s mg b roadster. blending classic design with modern technology, the cyberster offers lightning-fast acceleration, precise handling, sleek silh
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Fearing loss of land, farmers oppose proposed Anantnag-Pahalgam railway line

Farmers in anantnag district are urging the jammu and kashmir government to abandon plans for a railway line to pahalgam, citing potential damage to fertile lands and livelihoods. local leaders echo their concerns, stressing the impact on the agrarian econ
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Reliance Industries-powered Strand Life Sciences unveils CancerSpot test for early detection of multiple cancers

Strand life sciences, a subsidiary of reliance industries, has introduced cancerspot, a blood-based test for early cancer detection. it employs methylation profiling technology to identify tumor dna fragments from blood samples. the test is tailored using
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Manglam Builders expands presence in Jaipur with luxury mixed-use project

Manglam builders has acquired a 3.5-acre land on ajmer road for ₹107 crores to develop a luxury mixed-use commercial project with an estimated development cost of ₹500 crores. the project will include retail spaces, a five-star hotel, a multiplex, and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Govt deploys advanced tech to monitor fuel stations nationwide: Parliamentary Report

The government has implemented an advanced monitoring system for retail fuel outlets nationwide, leveraging technologies like otp-based calibration and digital payment systems. this initiative, developed under the legal metrology act, aims to enhance regul
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

India's power consumption up 5 pc to 125.44 bn units in Nov

India's power consumption increased by 5.14 percent to 125.44 billion units in november compared to a year ago. peak power demand also saw a marginal rise to 207.42 gw. warmer-than-normal weather contributed to subdued growth in power consumption. experts
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Adani Ports subsidiary Gopalpur Port's rating upgraded six notches post acquisition

Care ratings has upgraded gopalpur port's ratings significantly following its acquisition by adani ports and sez. the rating agency highlighted apsez's strong track record in turning around port assets and addressed debt concerns with prepayment. however,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Gujarat Gas hikes CNG prices by Rs 1.5 per kg

Gujarat gas has increased cng prices by rs 1.5 per kg, making it rs 77.76 per kg starting december 1. this is the third hike in recent months, affecting over four lakh cng vehicle users in south gujarat. the rise in prices is expected to impact transportat
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Coal India's production rises over 2 pc in Apr-Nov

Coal india's coal production increased by 2.4 per cent to 471 million tonnes from april to november. the company's production in november rose by 1.7 per cent to 67.2 million tonnes. coal offtake also rose by 1.5 per cent to 492.6 million tonnes in the sam
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Rs 200 cr recovered from realtors to compensate homebuyers, Rs 500 cr more payable: MahaRERA

Maharera recovers over rs 200 crore from developers to compensate homebuyers, with rs 378 crore pending in mumbai and pune. the authority has issued 1,163 warrants to recover rs 705.62 crore. efforts to expedite recoveries include appointing retired tahsil
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Vi deploys AI-based spam detection solution

Vodafone idea has implemented an ai-based solution to identify and flag spam messages for its users. the system has already flagged over 24 million spam messages. it aims to protect customers from potential scam attempts by learning from patterns in data.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Audi to hike vehicle prices by up to 3 pc from January

Audi will increase prices of all its models by up to 3 per cent from january 2025 due to higher input and transportation costs. bmw and mercedes-benz will also raise prices by up to 3 per cent from the same period. this move aims to ensure sustainable grow
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Delayed flights: Delhi airport sets up special enclosures to accommodate passengers

Special enclosures at delhi airport's terminals help passengers from delayed flights quickly return to the terminal without going through the usual security checks. these enclosures, available for both domestic and international passengers, aim to reduce w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Sterling and Wilson Renewable Energy secures Rs 504 cr solar order in Rajasthan

Sterling and wilson renewable energy ltd secured a rs 504 crore order for a solar power plant in rajasthan. the project involves a 305 mw ac/396 mwp dc photovoltaic plant for an independent power producer. the order includes supply, installation, and commi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Ola Electric to expand network to 4,000 stores by December to boost business growth

Ola electric, india's leading ev company, is set to expand its distribution network to 4,000 stores by december 2024, aiming to cover all pin codes in the country. this initiative includes launching over 3,200 new outlets with co-located service facilities
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Mahindra sales up 12 pc in November at 79,083 units

Mahindra & mahindra reported a 12% increase in total sales for november to 79,083 units. utility vehicle sales grew by 16% domestically to 46,222 units. commercial vehicle sales reached 22,042 units, while domestic tractor sales rose slightly to 31,746
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Adani Power says 'no indication' of Bangladesh reviewing a power agreement with co

Adani power has dismissed rumors that bangladesh's government is reconsidering their power purchase agreement. the company highlights ongoing operational issues due to payment delays from bangladesh but commits to continuing electricity supply. bangladesh'
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Skoda Kylaq bookings open today: Check price list, features and other details

Skoda auto india opens bookings for their new kylaq suv, priced from rs 7.89 lakh. the kylaq, competing with hyundai venue and others, features a modern design, advanced technology, and safety measures. deliveries start on january 27, 2025. powered by a 1.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Ashok Leyland Nov total wholesales up 1% to 14,137 units

Ashok leyland's total wholesales in november 2024 increased by 1% year-on-year to 14,137 units, up from 14,053 units in november 2023. domestic sales dropped by 4% to 12,773 units. sales of medium and heavy commercial vehicles rose by 8% to 9,176 units, wh
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Real estate dominates AIF investments with 17% share till H1FY25

Alternative investment funds in india have seen significant growth, with real estate leading the sector with a 17% share till h1 fy2025. other sectors like it, financial services, and pharma also benefit. aifs' commitments have risen substantially, with ca
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

JSW set to launch its own EV brand to 'Make in India'

Months after forming a .5 billion joint venture with china's saic motor for electric vehicles, jsw group plans to launch its own ev brand. jsw chairperson sajjan jindal emphasized producing and selling in india. a new ev plant in aurangabad will create 5
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Housing prices in India's top eight markets increased by 11% in Q3 2024

Housing prices in india's top 8 markets rose by 11% in q3 2024, continuing a 15-quarter growth streak. delhi ncr led with a 32% increase, driven by luxury projects. unsold inventory dropped for the third consecutive quarter, with pune seeing a 13% annual d
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Uber rolls out India's first water transport service with shikara bookings on its app

Uber has introduced its first water transport service in india, allowing users to book a shikara ride at dal lake, srinagar, via its app. this service aims to boost tourism and provide a seamless experience for travelers. initially, seven shikaras have bee
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Bajaj Auto posts 5 pc on-year growth in total vehicle sales at 4,21,640 units in Nov

Bajaj auto ltd reported a 5 per cent growth in total vehicle sales in november 2024, with significant export increases. total domestic sales declined by 7 per cent, while total exports rose by 24 per cent. total two-wheeler sales rose by 5 per cent. domest
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

SpiceJet gets rights for Haj flights from 4 Indian cities, eyes ₹185 crore revenue from it

Haj flights: spicejet aims to generate an estimated ₹185 crore from haj flight operations in 2025, carrying nearly 15,500 pilgrims from four indian cities. the airline will operate over 100 flights and deploy both narrow-body and wide-body aircraft, enha
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Why the biomass industry is booming in India

India is emerging as a global leader in biomass energy, driven by the need to diversify energy sources and reduce reliance on fossil fuels. the biomass industry promotes rural economic development, creates jobs, and mitigates environmental pollution. gover
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

India home prices to rise 6.5% in 2025, driven by demand from wealthy: Poll

Home prices in india are expected to rise steadily due to demand from wealthy individuals, even as the cost of living makes property ownership unattainable for most people. the luxury segment drives this increase, while rents are forecast to grow even fast
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Amid Musk-India ties: Satcom players may get easier launch

The government is considering relaxing security conditions for satellite communication licences to align with global practices. this could allow starlink and amazon kuiper to offer telecommunication services in india using satellites. discussions with law
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Big hotel brands see room for growth in manufacturing hubs

Mid- and upscale hotels are being developed in india's manufacturing hubs to meet the needs of business travellers. brands such as marriott, hyatt, and ginger are setting up properties in industrial areas. this trend reflects the growing demand for quality
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

₹2 shampoo, ₹5 biscuit packs: Magic price tags no longer cast a spell on shoppers

Indians are increasingly choosing larger or higher grammage packs of daily essentials, moving away from ₹5 and ₹10 products. this shift reflects their preference for value and premium options despite inflation. while these low unit packs are still prev
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

India plans 'safeguard duty' to check steel influx

India is considering measures like safeguard duty to manage the influx of low-cost steel from the asean region. this comes as chinese firms establish massive steel production capacities there, raising concerns over potential excess supply being diverted to
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Andhra CM Chandrababu Naidu's tough choice: ₹2,100 cr penalty or ₹1.61L cr power bill on Adani's 7,000 MW solar project amid bribery allegations

The andhra pradesh government, led by n chandrababu naidu, is considering terminating or renegotiating a 7,000 mw solar power agreement with adani group due to alleged bribery charges. possible actions include invoking an integrity pact or paying penalties
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Flipkart Minutes eyes 10-min drug delivery to outpace its rivals

Flipkart is preparing to launch a rapid delivery service named flipkart minutes, targeting medicine deliveries within 10 minutes. the service will use local chemists in metro areas for inventory, complying with india's drug regulations. this quick commerce
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

Bank of America picks up 1.60 lakh sq ft office in Mumbai’s Powai through 12-year lease

Bank of america has leased over 160,000 sq ft office space in powai, mumbai. the lease is for 12 years, with an option to expand to 250,000 sq ft. this move represents a relocation and expansion of its existing facility. ba continuum india will handle vari
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

RBI asks banks to bring down inoperative accounts urgently, report their numbers quarterly

The rbi has directed banks to urgently reduce the number of inoperative or frozen accounts and make activation smoother. banks should enable seamless kyc updates and organize special campaigns. the progress in reducing such accounts must be reported quarte
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-02

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