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Industry India NEWS. Stock Market NEWS Updated Daily

Industry India NEWS. Stock Market NEWS Updated Daily

Nifty Fri 20 March 2026

Close: 23114.50
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Industry India NEWS. Stock Market NEWS Updated Daily

US' 126% levy eclipses key market for Indian solar gear companies

Shares of major indian solar manufacturers such as waaree energies, premier energies and vikram solar fell sharply on the bourses as investors priced in potential export headwinds.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

US, China challenge ‘Make in India’ factory incentives

India’s manufacturing push under the production-linked incentive (pli) scheme is facing global scrutiny, with the us and china challenging subsidies they say distort trade. the us has imposed preliminary 126% duties on indian solar imports over alleged unf
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Brigade Group partners Primus Senior Living to develop three senior living communities

Two of the three developments will be part of larger township projects, enabling access to shared social infrastructure and amenities. the senior living communities will include age-specific facilities such as wellness centres, hobby lounges, medical bays,
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

RBI summons Yes Bank executives over forex card breach

The reserve bank of india has called in senior yes bank executives after a major security incident involving the yes bank–bookmyforex multi-currency forex card. according to reports, card numbers and cvv details of numerous customers may have been exposed.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

PSBs mull portal to verify paper-based bank guarantees

Indian banks are working together to create a unified platform for validating paper-based bank guarantees. the system is designed to curb fraud during the transition from traditional paper guarantees to fully digital ones.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

RBI greenlights SBI Mutual Fund's plan to buy up to 9.99% in Bandhan Bank

The reserve bank of india has given the green light for sbi mutual fund to acquire a significant stake in bandhan bank. the fund house can now hold up to 9.99% of the bank's shares. this approval comes with specific conditions and timelines. sbi mutual fun
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

IIFL Finance to raise up to 0 million via ECBs, dollar bonds

Fairfax-backed iifl finance is planning to raise 0-750 million in external commercial borrowings and dollar bonds this march. this move aims to diversify its funding sources and support business growth, with discussions underway with existing investors
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

HDFC Bank, SBI dominate India’s credit card spending, top 5 banks control 85.6%

India’s credit card space is rapidly consolidating under major players. hdfc bank and state bank of india together now account for nearly half of all card spending, while the top five lenders control more than 85% of transactions. consumers are increasingl
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Yes Bank reports [CO].28 mn forex card fraud with Latin America link; tightens controls

Yes bank has tightened security measures after detecting unusual transaction declines on its multi-currency prepaid forex card issued with bookmyforex. fraudulent attempts occurred at 15 latin american merchants where two-factor authentication is not manda
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Cholamandalam Investment rejects report on Vellayan Subbiah exit, says claims 'baseless'

Cholamandalam investment has strongly denied a media report about its executive chairman vellayan subbiah exiting the firm. the company stated the claims are factually incorrect and baseless. subbiah's office confirmed he continues in his role for his appr
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Cut costs, fix mis-selling to make insurance products affordable: IRDAI member to insurers

An irdai official has called for insurance companies to cut high customer acquisition and management costs. this move is crucial for boosting profits and making insurance products more affordable. the focus is on reaching households not covered by governme
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

No detours: CAFE III to kick in by April 2027

Indian carmakers face new fuel efficiency rules from april 2027. the government will enforce cafe iii standards, requiring lower carbon dioxide emissions. carmakers must meet these targets or face penalties. electric and hybrid vehicle manufacturers can ea
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Apple in talks with ICICI, HDFC & Axis Bank to start payment service in India

Apple is in talks with icici bank, hdfc bank and axis bank, along with visa and mastercard, to launch apple pay in india around mid-2026, though the timeline is not final. the service is expected to support upi as well as card payments, entering a market d
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Credit card spends moderate in Jan from festival highs in Dec

Credit card spending in india moderated in january to rs 1.99 lakh crore, down from december's festival-led high but up over 8% year-on-year. this indicates a normalization of growth after a festive surge, with active card numbers rising to 116.6 million,
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

DFS to discuss NBFC-to-bank conversion

Government officials will meet top non-banking financial company executives on thursday. the discussion will focus on sector issues. a key topic is the possibility of nbfcs converting into full banks. this aims to boost financial inclusion under the viksit
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Microfinance in revival mode; MFIs, private banks expand business in January

The microfinance sector is consolidating after a period of stress. private banks and nbfc-mfis have increased their lending portfolios. while the overall market saw a slight dip, early delinquency rates are improving. experts anticipate a return to normal
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Motilal Oswal raises Rs 1,700 crore first close for debut private credit fund

Motilal oswal alternates has marked a key milestone with the first close of its latest private credit vehicle, the india credit excellence fund. the fund has raised rs 1,700 crore toward a targeted corpus of rs 3,000 crore. designed to offer secured financ
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Supreme Court seeks Customs Department's response on Xiaomi's appeal in evasion case

Xiaomi faces a supreme court challenge against a customs tribunal ruling. the tribunal found the company liable for evading ?653 crore in customs duty. this is linked to royalty payments on imported smartphone components. xiaomi argues royalty payments are
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-26

Automakers may get to trade fuel-efficiency credits to meet stricter CAFE norms

India is introducing a new system for automakers to trade fuel-efficiency credits. this will help companies meet stricter corporate average fuel efficiency norms. manufacturers exceeding targets can sell surplus credits to those falling behind. this market
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

BKT makes consumer tyre push, targets a million 2-wheeler tyres a month by 2030

Balkrishna industries is entering the consumer tyre market. the company aims to produce one million two-wheeler tyres monthly by 2030. this move leverages their manufacturing strength and brand. the kutch plant will produce these tyres. this is part of a l
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

India’s GDP may grow 8.1% in Q3FY26 despite global headwinds: SBI report

India's economy is poised for robust growth, with projections indicating an 8.1% gdp expansion in the third quarter of the current fiscal year. strong rural and urban consumption, supported by farm activity and fiscal stimulus, are driving this momentum de
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Maruti Suzuki rail siding in Gujarat becomes world's first modal shift project to generate carbon credits

Maruti suzuki’s gujarat railway siding has set a new global benchmark, becoming the first modal shift transportation project in the world to earn carbon credits. by moving vehicle dispatches from road to rail, the company is cutting emissions through a cle
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Banks' liquidity buffers shrink as deposits lag credit growth

Banks are confronting mounting liquidity pressures as loan portfolios expand faster than deposit bases. as a result, liquidity coverage ratios have weakened across a broad set of institutions. even with abundant liquidity in the wider financial system, ban
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Passenger vehicle sales likely surge 10% YoY in Feb: Nuvama

India’s automobile market is poised for a strong upswing in february 2026, with passenger vehicle sales anticipated to climb by more than 10 percent. the two-wheeler segment is likely to lead the surge, registering solid double-digit gains and domestic vol
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

BMW to recall nearly 59,000 vehicles in US over damaged wiring harness, NHTSA says

Bmw is recalling over 58,000 vehicles in the united states. the recall addresses a potential issue with the air conditioning system's wiring harness. this component may be damaged, leading to a short circuit. affected models include the m5 sportswagon, m5,
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Jharkhand air ambulance crash: No black box in Beechcraft C90, AAIB begins investigation

The redbird airways pvt ltd beechcraft c90 (vt-ajv) that crashed had no black boxes as the aircraft's maximum takeoff weight is below 5,700 kg, sources said.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

SATS' cargo facility at Noida International Airport ready for operations: Co official

Singapore's sats has completed its cargo logistics facility at noida international airport. the aviation hub is set to open next month. sats has invested nearly rs 1,000 crore and plans further investment. this initiative aims to boost uttar pradesh's glob
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Singapore-bound IndiGo passengers face hardship due to unexplained delay of aircraft

Indigo passengers experienced significant distress on a flight bound for singapore from chennai. the flight faced a substantial delay on february 24. passengers reported issues with ventilation and a lack of updates. the airline cited a minor technical sna
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Govt tweaks Build Operate Transfer agreement to share risks and rewards with contractors'

New delhi: the union minister for road transport and highways, nitin gadkari, announced modifications to the build operate transfer road project agreement. this change aims for equitable risk and reward sharing between the government and concessionaires. o
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

India's dependence on foreign vessels a strategic weakness; govt plans expansion of domestic maritime capabilities: Sanjeev Sanyal

India is significantly boosting its domestic maritime capabilities to address a strategic weakness in its reliance on foreign ships for trade. a rs 77,000 crore package aims to build a national fleet, create jobs, and foster industrial growth, with west be
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Trai cuts 5G spectrum reserve prices by up to 37% ahead of auctions

The regulator also asked the department of telecommunications (dot) to initiate action for taking back spectrum held by aircel, reliance telecom and reliance communications, which are engaged in insolvency proceedings, and put the airwaves on sale in the u
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for export

Us oil giant chevron has made its first sale of venezuelan crude oil to india's reliance industries. this marks the first time in about six years that reliance has purchased boscan crude, a heavy oil used in asphalt production. the deal was negotiated this
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Hindustan Oil Exploration Co clears CEO transition; Baroruchi Mishra to take charge from April 1

Hindustan oil exploration company's board approved managing director ramasamy jeevanandam's resignation, effective march 31, 2026. baroruchi mishra will succeed him as managing director & ceo from april 1, 2026, for a three-year term, pending sharehold
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Young India shifts to solitaires as prices decline 30%

Solitaire diamond rings are seeing a surge in demand among indians aged 28-40, with sales rising 25-35% year-on-year following a 30% price drop. a 1-carat ring now costs ?5-5.5 lakh, down from ?7-8 lakh, making diamond-heavy, low-gold jewellery more appeal
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Xiaomi challenges India taxman in SC over tariffs on royalties

Xiaomi contests a significant indian tax demand on royalty payments. the company argues the ruling misinterprets contract manufacturing practices. this legal battle could impact foreign investment and scrutiny of royalty agreements across various sectors.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Russia and Iran slashing prices to China as oil piles up at sea

Russian and iranian oil suppliers are slashing prices to attract chinese buyers, as india cuts back on russian crude imports and diverts more russian barrels toward china. this surge in russian supply is colliding with long-favored iranian oil, triggering
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Venezuela readies larger oil cargoes for exports, targets India

Venezuelan oil exports are set to accelerate. the first very large crude carriers are now chartered for shipments. this development follows a recent deal between venezuela and the united states. deliveries to india are expected to increase significantly. t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Cabinet panel allows increased equity investment limit in Power Grid arms

The government has boosted power grid corporation's investment limit to ?7,500 crore per subsidiary. this supports large projects and renewable energy. additionally, three railway projects worth ?9,072 crore are approved. these will decongest tracks and sp
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

L&T wins DAE deal to build LIGO facility in Maharashtra's Hingoli

Larsen & toubro (l&t) has secured a major order from india’s department of atomic energy to construct a laser interferometer gravitational wave observatory (ligo) in aundha, hingoli, maharashtra. the project, valued between ?1,000-2,500 crore, incl
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Coal India arm SECL identifies 7 mine dumps for rare earth exploration

South eastern coalfields ltd is assessing seven legacy mine dumps for potential rare earth element deposits, aiming to help india curb its reliance on imported critical minerals. the company is launching a tender process to bring in specialist exploration
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Broadcasters flag surge in DTH signal piracy, seek mandatory tech safeguards to curb losses

Indian tv companies face a sharp rise in signal theft. smuggled set-top boxes are illegally beaming channels abroad, hitting revenues hard. broadcasters are urging the government for stronger measures. they propose mandatory watermarking and stricter subsc
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

DNPA Conclave 2026 to chart future of digital news in AI era

New delhi will host the dnpa conclave 2026 on february 26. policymakers, media leaders, and experts will gather. they will discuss news, governance, and digital innovation. artificial intelligence is reshaping the news landscape. the conclave will explore
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Merck & Co to create a separate cancer unit as patent cliff looms

Merck & co is restructuring by splitting its drug division into two separate businesses. the change is designed to spotlight its fastest-growing medicines as the blockbuster cancer therapy keytruda nears patent expiration. the company plans to emphasiz
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Dr Reddy's gearing up for March debut of generic semaglutide Obeda, sources say

Dr reddy's laboratories is poised to launch its generic semaglutide injection, potentially named obeda, in india by march. this move anticipates the march 2026 patent expiry for the active ingredient in novo nordisk's ozempic and wegovy. the indian drugmak
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

GST department initiates inspection and search ops at Lupin's office

Maharashtra's goods & services tax department has initiated inspection and search proceedings at lupin's registered office. the pharmaceutical giant stated that these actions will not impact its financials, operations, or other activities. lupin recent
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

India’s weight-loss drugs to get cheaper as semaglutide patent expires

Affordable generic versions of popular weight-loss drugs wegovy and ozempic are set to launch in india. this follows the patent expiry of semaglutide, the key ingredient. several indian pharmaceutical companies are preparing for a march 21 launch.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

India’s real estate sector embraces artificial intelligence to woo tech-savvy buyers

India's real estate sector is rapidly embracing ai to enhance luxury living and operational efficiency. from biometric access and predictive maintenance in homes to streamlining office design and improving construction cycles, ai is transforming how proper
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

ESR enters data centre market with Rs 900 crore investment in Navi Mumbai

Esr is making a major foray into india’s data centre space with a high-value investment in navi mumbai. the company will develop a large, multi-level campus in rabale designed to handle intensive cloud and ai workloads. this initiative underscores india’s
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Global firms rent 101 m sq ft space in last 5 years for GCCs in India: Colliers

Global firms are rapidly expanding their global capability centres in india, with us companies alone occupying around 71 million sq ft of office space in the last five years. this momentum is expected to persist as european and uk enterprises grow their fo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Chalet Hotels to open its first Ritz Carlton in Hyderabad

Chalet hotels is set to launch india's first ritz carlton in hyderabad, a 330-room luxury hotel project costing approximately ?630 crore. this venture, a collaboration with marriott international, marks chalet's entry into ultra-luxury hospitality. the com
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

India leads APEC for Marriott Intl signings with 99 deals, 12,000 rooms in 2025

Marriott international recorded its third consecutive year of record development signings in asia pacific excluding china in 2025. the company signed 187 deals, adding over 28,000 rooms. india led growth with 99 deals. conversions and multi-unit agreements
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

IPO-bound OYO parent PRISM appoints former SEBI chairman Ajay Tyagi to board

Ipo-bound oyo parent prism has appointed former sebi chairman ajay tyagi as an independent director to strengthen governance ahead of its planned rs 6,650 crore public issue. tyagi brings experience in capital markets regulation and policy, supporting the
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Ascendas Firstspace to acquire 9 lakh sq ft of warehousing, industrial space in Ahmedabad

Ascendas firstspace is set to acquire a significant warehousing and industrial space in bavla, ahmedabad. the deal is valued at rs 275 crore. this development by crystal group will be delivered in stages over 18 months. the acquisition strengthens ascendas
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

India EV sector got Rs 2 lakh cr investment in past 5 years, still short of requirements, report shows

Electric vehicles: ieefa's report 'capital flows in india's electric transport sector', provides the first consolidated view of realised investments from 2020-2025, identifies investment gaps, and outlines pathways to mobilise capital for the next phase of
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

US' 126% solar tariffs have limited financial impact: Indian firms

Indian solar manufacturers vikram solar, waaree energies, and premier energies report minimal impact from new us duties. companies have diversified supply chains and focus on domestic demand. exports to the us represent a small portion of total indian prod
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

US' 126% solar tariffs roil India’s glut-stricken panel makers

A new 126% us tariff on indian solar imports has significantly impacted exporter shares, as the industry grapples with overcapacity and price pressure. while the us market is now largely inaccessible, indian manufacturers are exploring new markets in europ
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

US sets initial duties on Indian solar imports at 126%

The us commerce department has set preliminary duties of 126% on solar imports from india, citing unfair manufacturing subsidies that allowed exporters to undercut us producers. it also proposed duties ranging from 86% to 143% on indonesia and 81% on laos
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Vikram Solar gets 378.75 MW solar module order from Indian Oil-NTPC Green Energy Private JV

Vikram solar has received a significant order for 378.75 mw of solar modules. these will be supplied to indian oil ntpc green energy private limited. the modules are for a large solar project in gujarat's kutch district. this collaboration highlights vikra
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Vikram Solar says 126% US duties won’t dent finances, shares slip 5%

Vikram solar has said the preliminary anti-dumping and countervailing duties imposed by the us on indian solar imports will have limited direct financial impact on the company. shares fell 5.42% to ?175.30, while the firm emphasised that its expansion plan
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

Waaree Energies says 'no material adverse impact' on US order book amid 126% preliminary duties

Waaree energies anticipates no significant impact on its us orders despite new us import duties. the company is expanding its us manufacturing capacity to 4.2 gw by year-end. this expansion is expected to support existing us commitments and cushion the eff
Tag: Industry India    Source: indiatimes.com   Dated: 2026-02-25

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