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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

Air India appoints Jayaraj Shanmugam as Head of Global Airport Operations

Shanmugam joins from bangalore international airport limited (bial), where he was the chief operating officer, to join air india. the tata group-owned airline said in a statement that he was instrumental in operationalizing the new terminal 2 during his te
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Hyundai, Kia partner with Exide Energy Solutions for EV battery localisation in India

Hyundai motor company and kia corporation have teamed up with exide energy solutions ltd, an indian battery manufacturer, to localize electric vehicle (ev) battery production in india. they aim to focus on lithium-iron-phosphate (lfp) cells, aligning with
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Oil at 0? Will oil prices hit a century this summer as a global shortage takes hold?

Oil prices surged above a barrel due to military tensions between israel and iran, compounded by global supply shocks. mexico cutting crude exports and other disruptions are intensifying fears of inflation. this supply crunch is turbocharging an oil ra
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Muthoot Microfin records 32% YoY asset growth, loan collection efficiency soars

Muthoot microfin, a listed pure-play microfinance lender, reported a 32% year-on-year growth in assets under management (aum) along with a significant improvement in loan collection efficiency, leading to enhanced profitability. its aum reached rs 12,194 c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Auto sales grow 3.1% in March, PVs and CVs fall 6% each ahead of Lok Sabha elections: FADA

Auto retail in march saw a 3.14% yoy growth, despite declines in passenger vehicles, commercial vehicles, and tractors. e-2w sales surged after fame-ii subsidy expiration, reaching 9.12% market share. lok sabha elections impacted pv, cv, and tractor sales.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Weight-loss medicines: Biocon eyes a 0 billion jackpot with weighty pivot

Weight-loss drugs: biocon ltd. is shifting focus to anti-obesity therapies as patents for key medications expire, leading to a surge in generic supply. the bengaluru-based company secured uk approval for the first generic version of liraglutide injectible,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Godrej sells more than 1050 homes worth over Rs 3,000 crore in 3 days of new project launch in Gurugram

Godrej group achieves significant sales post godrej zenith launch in gurugram. strong fy24 sales increase and new projects planned. gaurav pandey positive about future growth and business development guidance exceeding rs 15,000 crore.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

SAIC's MG Motor India plans to bring in Indian investors including JSW

Saic motor's mg motor india to attract investors for market expansion and risk prevention. jsw ventures, indoedge india fund, dealer trust, and employee stock plan to aid growth in india's auto sector.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Broadband business seen bolstering Q4 revenues for Airtel and Reliance Jio

Analysts anticipate reliance jio and bharti airtel, leading telecom operators in india, to witness moderate sequential growth in their fiscal fourth-quarter mobile revenue. this growth is primarily driven by robust broadband user additions, with no tariff
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

ITC Hotels plans to add 70 properties in five years: CEO

Itc hotels aims to bolster its portfolio to 200 hotels within the next five years, up from the current count of 130, by introducing properties across its brands. this expansion is geared towards seizing opportunities in both business and leisure travel sec
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

View: Sometimes, to make an electric car better, you've got to make it a little worse

Electric-car optimism wanes as sales slow for ford and tesla. hertz sells off electric cars, audi slows e.v. transition. challenges include cost, range, and infrastructure. critics find electric cars lacking sensory experience and powerful acceleration, im
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Keystone Realtors Jan-Mar pre-sales at Rs 843 crore, up 78% on-year

Keystone realtors saw significant growth, with pre-sales reaching rs 843 crore for the quarter and rs 2,266 crore for the financial year 2023-24. the company also emphasized strong business development performance under boman irani's leadership.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Go First gets another 60 days to complete insolvency process

A two-member bench of the delhi-based nclt admitted the request by the resolution professional (rp) of go first, seeking an extension of the timeline to complete the corporate insolvency resolution process (cirp).
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Rapid growth set to drive consolidation among India’s flexible office providers

Flexible workspaces in india have been witnessing rapid growth, leading to industry consolidation through mergers and acquisitions among major players like wework and brookfield. the evolving sector is expected to reshape the market dynamics and set new in
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Tesla vehicles coming to India, Elon Musk drops a big hint

Elon musk aims for tesla's ev entry in india with substantial investments. govt regulations focus on local parts, duty for vehicles, with targets for job creation and economic boost.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Gamers, youth to drive growth for Dell this fiscal, says consumer biz head

While launching new laptop models across xps, alienware and inspiron portfolio, dell technologies vice president and managing director for consumer and small business raj kumar rishi said that the company will stick to its strategy of bringing the latest t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

General Insurance industry grows 12.78% in FY24

In fy23, the insurance industry had reported a growth rate exceeding 16%. however, there was a slowdown in fy24 largely due to the performance of crop insurance. specialised insurer aic reported a decline of 32% in growth due to the slowdown in agriculture
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Gold, silver prices hit record high ahead of Gudi Padwa and Ugadi

Gold price hits record high at rs 71,080 per 10 gm, impacting jewellery sales before hindu festivals. silver also peaks. sector braces for tepid demand amidst geopolitical tensions and interest rate cut prospects.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

India remains net importer of finished steel in FY24; inbound shipment grows 38 pc to 8.32 MnT

The data comes at a time steel makers have been raising concern over increasing imports from certain countries including china and seeking government's intervention on the issue.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Personal computer imports from China dip 3 pc during Nov-Feb 2024

Imports of personal computers into india also declined 55 per cent year-on-year to usd 1.06 billion from the world during november-february 2024. on october 19 last year, the government tweaked curbs on imports of laptops and computers as it allowed import
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

A laggard is trying to gallop into two-horse telecom race

India's telecommunications industry is primarily dominated by bharti airtel and reliance jio, with vodafone idea (vi) striving to catch up. vi has initiated a fund infusion plan, starting with a preferential share issue to raise rs 2,075 crore from an adit
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

How Reliance Jio's 5G IoT solutions transforming farming practices in India

Reliance jio's jiokrishi and jiogausamriddhi iot solutions revolutionize indian agriculture. from improving crop yield to enhancing dairy farming practices, these devices benefit farmers by providing real-time data and insights for better decision-making.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Indian road logistics industry revenues to grow at 3-6 per cent in FY2025: ICRA

The outlook for the sector continues to be stable, fuelled by sustained momentum in economic activities, enhanced traction of organised trade and continued support from varied segments like e-commerce, fmcg, retail, pharmaceuticals, and industrial goods.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Goa's electric vehicle subsidy scheme falls short of targets

Goa's ev subsidy scheme faces poor response, with only 25% of target applicants applying. the scheme aims to promote ev adoption in various vehicle categories and increase bev market share to 25% by 2024 for environmental benefits.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

ICICI Bank provides Rs 2,675-crore debt facility to Tata Steel for three years

Tata steel has raised rs 2,700 crore through unsecured fixed-rate bonds at 7.79%, show documents filed with national securities depository ltd. niva bupa health insurance invested rs 25 crore in tata steel's bonds that were issued in the last week of march
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Go First creditors to take possession of pledged land parcel

The lenders last week took symbolic possession of the land located in thane, in the first step towards a likely auction of the property.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Ascott plans to enter co-living space in India

Ascott, a singaporean hospitality brand under capitaland investment, aims to venture into india's co-living sector alongside its expansion of serviced apartment offerings in the country. vincent miccolis, ascott's managing director for middle east, africa,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

India is probably the third largest market for Citigroup's corporate banking business

In the indian corporate banking scene, citigroup's global head of corporate banking jason rekate highlighted the prominence of companies in infrastructure, pharmaceuticals, and automobiles. rekate mentioned that these companies are set to make intriguing i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Marriott sees India as a ‘shining star’ for growth opportunities

According to rajeev menon, president of marriott international for asia pacific excluding china, india continues to be a significant growth market for the hospitality giant. marriott plans to open its 150th hotel in katra next month. marriott aims to oper
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-08

Content behind blockbuster theatre footfall

As many as 78 credit cards of various banks have rolled out attractive offers on movie tickets such as buy one get one (bogo) free ticket, discount up to a certain ticket price, providing a fixed number of free tickets in a month, cash back on tickets, or
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

The Times of India, EC join hands to get nation to vote

This year, the election commission of india (eci) is supporting the initiative to promote its mission of achieving maximum voter turnout in the upcoming general elections.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Indian food market's competitive intensity higher: MTR owner

Orkla, a norwegian investment firm, noted similarities in india's food preferences with some european countries but highlighted the market's complexity and heightened competition due to the growing popularity of branded spices. orkla, which owns mtr and ea
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

India targets 0 billion textile exports by 2047, aims to create .8 trillion domestic market

India plans to boost textile exports to 0 billion and grow the domestic market to .8 trillion by 2047, focusing on quality, sustainability, and global leadership in the textile industry. industry has raised challenges of raw material for achieving the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Adani Green may invest nearly ₹2 lakh cr in renewable energy

Adani green energy plans significant investments to expand renewable energy capacities, targeting 45 gw by 2030, with a major focus on the khavda project in gujarat. adani new industries also aims for substantial growth in manufacturing capacities.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

JioCinema woos small advertisers for IPL

"google and meta have built massive digital advertising businesses thanks to smbs. jiocinema is wooing these advertisers with live sports as a hook," an advertising expert said, adding that building long-tail advertisers will help reduce dependence on larg
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

NTPC targets 40 MT coal production

Ntpc targets 40m tonnes coal production in fy25, a 17% increase. in-house mining to cover 15% of fuel needs. strategies like mine planning, automation, and training contribute to higher production levels.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Imports fall as PLI boosts local production of electronics parts

Imports of completely boxed units of electronics such as smartphones slumped 40% during april-january fy24, commerce ministry data show. market trackers said local manufacturing of electronics, especially smartphones, rose 5% on year in 2023, driven by the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Green office spaces demand in India outpaces supply

​the rise of environmentally conscious tenants in commercial real estate, focusing on decarbonizing their portfolios, has led to a significant surge in demand for sustainable buildings across key indian property markets, surpassing available supply. as c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Ather Rizta price starts from just Rs 97,546 in Delhi: Check city-wise costs

Ather's rizta family model offers various battery options and models with different prices across indian cities. the scooters boast impressive features like riding modes, ample storage, and safety elements, along with the introduction of the halo helmets.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Vistara to cancel 10% flights for April

Vistara plans to cancel 25-30 daily flights to manage crew shortages. it might result in fare hikes, particularly in metro routes. dgca has approved more summer flights. the airline also said flight cancellations are mostly on domestic routes.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Vinod Francis appointed as Chief Financial Officer of South Indian Bank

​​it said chithra h, the current cfo and senior general manager, will transition to the role of chief compliance officer (cco) as per regulatory directives issued by the reserve bank of india (rbi).
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Signature global reports Rs 7,270 crore pre-sales in FY24

Company reported rs 4,140 crore pre-sales in q4 fy 24, with year on year growth rates of 240% for the fourth quarter and 112% for the full year. company has significantly exceeded its guidance of rs 4,500 crore in fy24, due to successful launch of its firs
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Adani begins commercial output of wafers, ingots for solar power

Adani group initiates solar cell production in gujarat, with plans for polysilicon production. aiming for 45 gw renewable energy by 2030. expanding capacities and developing the world's largest renewable park at the khavda project.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Coworking firms take on lease 31 lakh sq ft office space in Jan-Mar, up 7pc annually: CBRE

In its latest report on the indian office market, real estate consultant cbre noted that flexible operators became second largest contributor to the total gross demand for office spaces during the quarter ended march 2024.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Adani Green's Khavda power plant world's largest, five times the size of Paris

Adani green energy limited's khavda project in gujarat aims to be world's largest power plant with a focus on renewable energy sources, including solar and wind, supported by significant investments and government backing.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Tata Steel India sales rises 6% to 20 mn tonnes in FY24; production up 4%

Tata steel india reported a 6% growth in deliveries to 19.90 million tonnes in fy24, driven by increased demand from retail, automotive, and railway segments. the company produced 18.85 million tonnes of steel in india during the preceding financial year.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

IRDAI raises concern over Hinduja Group-led IIHL bid for Reliance Capital

Irdai raises concerns over indusind international holdings' (iihl) resolution plan for reliance capital, citing deviations from insurance regulations. questions arise over iihl's equity infusion, debt-raising plans, and ability to meet future capital needs
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Power Minister RK Singh warns of debt trap for using borrowed money to provide free electricity

Power minister rk singh cautioned states against falling into a debt trap by implementing populist measures like providing free electricity, emphasizing that electricity isn't free and must be paid for. singh highlighted punjab's borrowing spree under the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

Fmcg industry expects growth driven by improving macro-indicators, good monsoon/rabi crops, rural demand pickup, and international business expansion despite currency challenges, aiming for sustainable profitable growth in medium term.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Embassy Group may invest more in Indiabulls, add assets to drive growth

Embassy group, led by chairman jitendra virwani, plans to infuse additional capital and assets into indiabulls real estate limited (irel), of which it holds the largest stake. the merger of embassy's residential and commercial projects with irel, once appr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

World Health Day: India's healthcare sector reflects 12.59 per cent growth in 2024-25

The hospital market in india, valued at usd 98.98 billion in 2023, is set to continue its upward trajectory, with projections indicating a cagr of 8.0 per cent from 2024 to 2032. by 2032, the market is estimated to reach value of usd 193.59 billion.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Voltas AC crosses 2 million unit sales mark in FY24

The performance was attributed to a consistent demand for cooling products during the year, coupled with a strong offline and online distribution network, and new innovative launches, the tata group firm said in a statement. "the company achieved over 2 mi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Adani to invest Rs 2.3 lakh crore in renewable energy, manufacturing capacity

Adani group to invest rs 2.3 lakh crore by 2030 for renewable energy expansion. agel and anil lead in capacity increase and manufacturing. overcoming challenges, the group aims for significant growth in the sector.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Fundraise by InvITs, REITs surges multi-fold to Rs 17,116 cr in FY24 on promising returns

Investor interest in infrastructure investment trusts (invits) and real estate investment trusts (reits) has surged, with fundraising hitting rs 17,116 crore in 2023-24, a significant increase from the previous year. the optimistic outlook for the current
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Vistara to discuss rostering system with pilots; incorporate feedback to possible extent: CEO

Vistara chief vinod kannan addresses recent flight disruptions, citing pilot rostering issues due to high utilization. discussions with pilots will lead to rostering system review. despite some pilots' concerns about new contracts, over 98% have signed. ka
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

India's coal import rises 13 pc in February

India's coal import increased by 13% to 21.64 million tonnes in february, driven by non-coking coal. the country's coal production reached 880.72 million tonnes in the april-february period of fy24.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

India needs 1 million fast chargers to become 100 pc electric in 2 and 3 wheelers by 2030: Former NITI Aayog CEO Amitabh Kant

India strives for 100% electric 2-wheelers and 3-wheelers by 2030 under amitabh kant's leadership, emphasizing fast chargers, local manufacturing, and ev registration growth. the country aims to lead the global ev market shift.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Sanofi looks for accelerated growth in India; plans fast-tracking of product pipeline

Sanofi, a leading french pharmaceutical company, aims to expand its presence in the indian market by introducing new drugs, enhancing localization efforts, and collaborating with domestic firms. managing director rodolfo hrosz highlights the significant gr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Maruti Suzuki eyes 3 lakh exports in FY25, 8 lakh by 2030

Maruti suzuki india aims for over 3 lakh units in exports in fy25, targeting up to 8 lakh units by 2030. buoyed by record exports last fiscal, the strategy involves launching more models in over 100 countries, aligning with india's export vision. the compa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

Ather Rizta launched at Rs 1.09 lakh. Here's what's special about this family scooter

Ather energy introduces the rizta family scooter with advanced features and accessories, targeting indian families. the rizta aims to redefine the family scooter segment through innovation, safety, and cutting-edge technology, setting new industry standard
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-07

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