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
IBBI extends deadline to file liquidation forms to December 31
The insolvency and bankruptcy board of india (ibbi) has extended the deadline for liquidators and insolvency professional agencies to file monitoring forms to december 31, following requests due to technical issues. the responsibility for filing forms for
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Milestone for India: Indigenous E-beam technology sterilises 50 lakh medical devices
Indore's electron beam radiation technology sterilized 50 lakh medical devices. this milestone was achieved by a premier institute of the department of atomic energy. the facility started in october 2022 and has made india a part of the select group of cou
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Delhi HC sets aside IT tribunal’s order refusing stay on Rs 1,214 crore tax demand levied on Samsung India
The delhi high court has set aside the itat's order refusing samsung india's stay application on a rs 1,214 crore tax demand for the assessment year 2021-22. a bench of justice vibhu bakhru and justice swarna kanta directed the itat to decide the matter qu
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Delhi High Court seeks response from Centre on Tata Power's challenge to Coal ministry order
Delhi high court has sought the central government's response on tata power's challenge against reduced compensation order for mandakini coal block deallocation. the court also directed maintenance of status quo till the next hearing. the revised order by
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Bajaj Fin may exit credit card partnership with DBS, Motilal Oswal says
Bajaj finance may also end its co-branded card partnership with dbs bank, resulting in a potential decline in fee income by rs 47 crore in the current fiscal and rs 140 crore by march 2026. despite lost upfront fee income, income from the trail fee stream
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Most of Rs 2,000 banknotes returned; Rs 6,839 cr worth notes still with public
The reserve bank of india announced that 98.08 per cent of the rs 2,000 banknotes issued have been returned to the banking system, leaving only rs 6,839 crore worth still in public hands. the notes remain legal tender and can be exchanged or deposited at r
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
HMSI domestic sales up 3 pc to 4,32,888 units in Nov
Honda motorcycle and scooter india reported a 3% year-on-year increase in domestic wholesales, reaching 432,888 units in november. exports also saw significant growth, rising to 39,861 units from 27,172 units in the same month last year. overall, total sal
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Steel ministry proposes 25 pc safeguard duty on steel imports
The steel ministry proposed a 25% safeguard duty on specific steel imports to address rising concerns from the domestic industry about cheap imports, especially from fta countries. during a meeting with commerce minister piyush goyal, stakeholders discusse
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
More women pilots should come into helicopter industry: Civil Aviation Minister Naidu
Civil aviation minister k rammohan naidu urges more women to join the helicopter industry. he highlights that helicopters are essential for connecting areas where building an airport is challenging. the minister noted that 15% of pilots in india are women,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Coupling happens without manual intervention in more advanced LHB coaches: Railway minister
Railway minister ashwini vaishnaw informed the rajya sabha that advanced lhb coaches with automatic coupling mechanisms have been introduced since 1999-2000 to reduce manual interventions and accidents. railways have initiated the replacement of older icf
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Ambuja Cements partners with Finland-based Coolbrook to reduce fossil fuel dependance
Adani's ambuja cements has partnered with coolbrook from finland to use zero-carbon heating technology in its cement manufacturing. this partnership aims to reduce fossil fuel dependency and carbon emissions. ambuja cements will adopt coolbrook's rotodynam
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
RBI cancels registration of Nagpur-based Zavron Finance
The rbi has cancelled the certificate of registration of zavron finance due to irregular lending practices, including outsourcing core decision-making functions and failing to carry out proper due diligence. the company has also violated fair practices cod
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Bollywood actor Shraddha Kapoor rents luxury apartment in Mumbai’s Juhu
Shraddha kapoor has rented a 3,929 sq ft luxury apartment in mumbai's juhu area for rs 6 lakh per month. the lease term is for 12 months, and she has already paid the rent for the entire period. the deal was registered on october 16. she will also get excl
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
SFIO holds search operations at Hero Electric, other cos for fraudulent availing of subsidies worth Rs 297 crores under FAME II
The sfio has conducted searches at hero electric, benling india, and okinawa autotech for fraudulent subsidy claims worth rs. 297 crores under the fame ii scheme. the companies falsely claimed compliance with guidelines to avail subsidies. investigations r
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
Bangladesh asks Adani to reduce power supply citing low demand
Bangladesh has reduced its power purchase from india's adani power by half due to decreased winter demand, payment delays, and a foreign exchange shortage. adani cut supply in response, and bangladesh maintains payment of old dues while negotiating lower p
Tag: Industry India Source: indiatimes.com Dated: 2024-12-02
India driving growth when Europe sales slowing, US and China flat, says Oppo executive
India emerges as the fastest-growing smartphone market, driven by a shift towards premium devices in smaller cities. oppo's market share grows significantly as it aims to deliver 50 million ai-powered phones globally by end of 2024. collaborations with goo
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Tata Starbucks plans to scale up cafes to 1,000 by FY28: MD & CEO Sunil D'souza
Tata consumer products sees significant potential in india's coffee business and aims to scale up its tata starbucks cafes to 1,000 outlets by fy2027-28. with 457 stores currently, the jv plans moderate openings in the short term but maintains its long-ter
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Adani Ports-led Colombo project right on track: Sirimewan Ranasinghe, Chairman, SLPA
The adani ports-led colombo port terminal project in sri lanka is progressing smoothly, according to sirimewan ranasinghe, chairman of sri lanka ports authority (slpa). the terminal, set to become operational in february 2025, is being developed to leverag
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
November power consumption rises 4% YoY
In november, india's power consumption increased by around 4% to 124.5 billion units compared to the same month last year. the peak power demand reached 207 gw. coal production also saw a 7.2% rise, with power plants maintaining coal stocks of 39.8 million
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Internet searches on mental health increased 41% this year: Report
Internet searches related to mental health in india surged by 41% in the first 10 months of this year compared to 2023, showing increasing recognition of mental wellbeing. healthcare searches overall rose by 23%, with notable growth in non-metropolitan cit
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Gold loans from banks surge, other personal loans see moderate rise
Outstanding gold loans from banks increased by more than 50% over the past year, driven by consumer distress and emergencies. other personal loan segments saw moderate growth amid high inflation, elevated borrowing costs, and tighter regulatory norms. seco
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
CSA targets Indian market to boost SA20 viewership, tourism
Cricket south africa is enhancing efforts to attract indian viewers to its sa20 league, targeting over 200 million viewers in the third season. by collaborating with sa tourism and partnering with jiostar, csa aims to boost cricket and tourism links, while
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Biocon Biologics gets US nod to launch Stelara biosimilar
Biocon biologics has secured usfda approval to launch the biosimilar of janssen's stelara by february 2025, targeting autoimmune conditions like crohn's disease and plaque psoriasis. despite competition from five other biosimilars, this launch is anticipat
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Overall coal production hits 90.62 million tonnes in November 2024: Coal Ministry
India's coal production reached 90.62 million tonnes in november 2024, a 7.20% increase from last year. production from captive entities also rose significantly by 37.69% year-on-year. additionally, coal dispatches recorded steady growth, reflecting india'
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
UPI payments see dip in November as festive fervour recedes
Payments through the upi platform decreased by 7% in volume to 15.48 billion transactions in november. the transaction value also fell by 8% to rs 21.55 trillion. october saw the highest transactions since upi's launch in 2016. on a yearly basis, there was
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Retailers, brands see record business at Black Friday weekend sales on back of discounts, marketing
This year's black friday weekend sales saw record business due to heavy discounts and marketing efforts. retailers and brands achieved 70-80% of their sales compared to republic and independence day sales. top brands offered substantial discounts. despite
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Hockey India inks three-year deal with Doordarshan for Hockey India League
Hockey india announced a three-year partnership with doordarshan to broadcast the hockey india league nationwide. private broadcasters are also being engaged. the league will feature eight men's and six women's teams, starting in 2024-25. the relaunch aims
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Diesel breaks stagnation, grows 8.4% in Nov
Diesel sales grew 8.4% year-on-year in november, ending a period of stagnation this fiscal. petrol sales rose 9.2%, jet fuel increased by 7.7%, and lpg saw a 7.3% growth. the rise in diesel sales was supported by the sowing season, elections, and new vehic
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Weathering the storm: India Inc is adopting all-season sales strategies
India inc is taking advantage of weather changes to push off-season sales and integrate new features in products. companies like dabur, voltas and blue star are promoting products for all-year use. efforts include new advertising campaigns, adding non-seas
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Car sales up 4% in November, driven by SUV demand and strong market momentum
Car sales in india grew by 4% in november, with about 350,000 units dispatched to dealerships. demand remained stable post-festivals, driven by the marriage season and strong suv sales. market leader saw a 5% sales increase, with suvs making up 29% of sale
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Once shunned, areas near Bhopal gas tragedy site now seeing real estate boom
The union carbide factory site of the 1984 gas tragedy in bhopal has seen residential and commercial development over the years. groundwater and soil contamination still exist. the disaster initially slowed bhopal's growth compared to other state capitals.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
How to make Aloe Vera gel at home: 6 easy steps for winter skin care
Aloe vera is a natural wonder known for its soothing and hydrating properties, especially during the winter months when skin can become dry and irritated. here's a quick guide to help you create your own aloe vera gel at home in just a few easy steps!
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Want a slimmer face? Try these 7 easy exercises
Want to slim down your face naturally? these 7 simple face exercises can help tone muscles, reduce fat, and give you a more defined look—no equipment needed!
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Ending Bajaj Fin credit card tie-up a non-event, pace of new sales to return in a quarter: RBL Bank
Rbl bank is set to regain its credit card sales pace within a quarter following the end of its tie-up with bajaj finance. about 30% of its cards remain co-branded, but new distribution strategies and partnerships, including irctc and mahindra finance, aim
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Govt removes mandatory registration for certain items under chip imports monitoring system
The government has eliminated the mandatory registration requirement for certain electronic integrated circuits under the chip import monitoring system. importers no longer need to provide advance information or pay a registration fee. the change, announce
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Auditing of companies has improved in last 3-4 yrs: NFRA Chairperson
The national financial reporting authority (nfra) chief emphasized that audit quality has improved in the past few years. however, better communication between auditors and board members is needed to prevent corporate failures. over 80 orders against audit
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Huge import opportunities for UK apparel firms in India: AEPC
British apparel firms have significant import opportunities in india as highlighted by aepc. bharat tex 2025, scheduled for next february, aims to attract uk participation, showcasing india's textile advancements. in 2023, india's textile and apparel expor
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Hyundai sales dip 7% in November
Hyundai motor india reported a 7% year-on-year decline in total sales for november, with 61,252 units sold. domestic sales saw a 2% decrease to 48,246 units, while exports dropped by 20% to 13,006 units. however, suvs played a major role, constituting 68.8
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Maruti Suzuki sales up 10 pc to 1,81,531 units in November
Maruti suzuki india reports a 10% increase in total sales for november, reaching 1,81,531 units compared to last year. domestic passenger vehicle sales rose by 5%, while compact car sales saw a decline. utility vehicle sales increased significantly, with e
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Tata Motors overall sales up marginally in Nov at 74,753 units
Tata motors ltd reported a slight increase in overall sales for november, reaching 74,753 units compared to 74,172 units last year. domestic sales rose 1% to 73,246 units. passenger vehicle sales, including evs, increased by 2% to 47,117 units, while comme
Tag: Industry India Source: indiatimes.com Dated: 2024-12-01
Macrotech buys 100% stake in Janus Logistics for Rs 48 crore
Real estate developer lodha, officially listed as macrotech developers, purchased janus logistics and industrial parks pvt ltd (jlippl) on friday. the deal, worth approximately rs 48 crore, gives lodha complete ownership of jlippl, which was previously own
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
In West Bengal's largest real estate deal, DLF JV firm sells IT park for Rs 637 cr to Primarc, RDB
Dlf cyber city developers ltd has sold kolkata tech park 1, an it park in kolkata, to primarc and rdb group for rs 637 crore. the transaction, which is the largest real estate deal in west bengal, enhances shareholder value and supports bengal's tech ecosy
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Centre investing Rs 1,010 crore in Brahmaputra & Barak river projects
The central government is investing rs 1,010 crores for the development of brahmaputra and barak rivers in assam, including approval of a new slipway in majuli. this includes 12 floating terminals, 2 multimodal terminals, and a riverine-based religious tou
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Railway collected Rs 12,159 crore from passenger services during festive months: Govt
Indian railways announced a passenger revenue of rs 12,159.35 crore for september and october 2024, with a total of 143.71 crore passengers traveling during this festive period. the central railway zone had the highest number of travelers, and 7,983 specia
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
House price index rises 4.3 pc in Q2: RBI data
The all-india house price index (hpi) experienced a 4.3% annual increase in the second quarter of the 2024-25 fiscal year, up from 3.3% in the previous quarter. the growth rates varied among ten major cities, with bengaluru seeing the highest increase of 8
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Aster DM, Blackstone's Quality Care announces merger, to be among top 3 hospital chains in India
Aster dm healthcare and blackstone-owned qcil have agreed to merge, forming aster dm quality care limited. blackstone will hold roughly 30.7% of the merged entity, valued at ₹42,000 crore. the deal, expected to close by q3 fy26, will create a top-three i
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
GAIL signs long-term charter contract with K-Line for LNG ship
Gail has signed a long-term charter agreement with kawasaki kisen kaisha for a new lng ship to be operational in 2027. the ship will be built by samsung heavy industries and will have a tank capacity of 1,74,000 cubic metres. this new vessel will join gail
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
7 South Indian sarees you should know: How many do you own?
South india is home to some of the most exquisite saree styles, each reflecting its rich cultural heritage. from the luxurious mysore silk to the vibrant pochampally ikat, these sarees are not just garments but a celebration of tradition and artistry. disc
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
DLF to sell Kolkata IT park for Rs 637 crore
Dlf info city developers (kolkata) ltd. has signed an agreement to sell kolkata tech park 1 to rdb primarc techno park llp for rs 637 crore. this sale emphasizes good tenant partnerships and aims to enhance shareholder value. dlf plans to double its rental
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
7 delicious dal breakfast ideas for a protein-rich morning
Dal, referring to split pulses or lentils, is a core ingredient in many cuisines, offering a rich source of protein and fiber. different types of dal, such as moong dal, masoor dal, toor dal, and urad dal, add distinct flavors and nutritional benefits to a
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Why the new Pamban Bridge is a 'modern engineering marvel': Railway Minister shares glimpses of this must-see wonder
The new pamban bridge in rameswaram, tamil nadu, hailed as a modern engineering marvel, is india's first vertical lift railway bridge. it replaces the 105-year-old bridge decommissioned due to corrosion, aiming to improve connectivity between the mainland
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Volkswagen India unit faces .4 billion tax evasion notice
India has accused volkswagen of evading .4 billion in taxes by misclassifying car component imports as individual parts. this allowed volkswagen to pay lower import taxes. the company may face penalties up to .8 billion if found guilty. investigators f
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Exports of India's med-tech industry could reach USD 20 bn by 2030; sector needs govt support: CII
India's medical technology industry aims to achieve exports up to usd 20 billion by 2030. the sector requires extended government incentives and further ease of doing business to accelerate growth. industry experts suggest expanding production linked incen
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Aster DM, Blackstone merger shortly today, to become among top 3 hospital chains in India
Aster dm healthcare is set to merge with blackstone-owned quality care india ltd, creating aster dm quality care. blackstone will hold a 30% stake, while aster dm promoters will have 24%. the merged entity will have over 10,150 beds and revenue of rs 7,314
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
A 'hard' soft power: Can Indian single malts carve a global niche?
India's single malt whiskey industry is growing rapidly. indian distilleries are producing high-quality single malts, winning awards, and expanding their global reach. this growth challenges traditional scotch brands, with indian whiskey sales surpassing g
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Govt proposes to raise FDI limit in insurance sector to 100%, seeks public comments
The central government has proposed raising the fdi limit in indian insurance companies to 100%, lowering the net owned funds for foreign reinsurers, and amending insurance laws to improve accessibility and streamline processes. the public is invited to co
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breach
Hyundai motor india denied reports of facing penalties for breaching fleet emission levels. the company clarified that the media reports were based on incorrect assumptions about the timing of regulatory amendments. hyundai stated it has not received any i
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Sentiments of realtors, financial institutions remain positive for future growth: Report
Real estate developers and financial institutions are optimistic about the growth potential of the realty sector for the next six months. knight frank and naredco report a current sentiment score of 64 and a future sentiment score of 67, signaling rising c
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
Power Mech Projects bags Rs 510 cr order from Adani Power
Power mech projects has secured a rs 510 crore order from adani power for mechanical construction work at the 2x800 mw raipur phase-ii ultra supercritical thermal power project in chhattisgarh. the project is expected to be completed within 34 months.
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
NCC gets Rs 3,389.49 crore Ken-Betwa Link Project Authority
Ncc ltd has received a contract valued at rs 3,389.49 crore to execute the daudhan dam under the ken-betwa link project. the contract involves planning, design, engineering, and hydro-mechanical works on an epc basis. the project is to be completed over a
Tag: Industry India Source: indiatimes.com Dated: 2024-11-29
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