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
BCL Industries invests Rs 150 crore to set up bio-energy plant in West Bengal
Bcl industries is investing rs 150 crore in a 75 klpd bio-energy plant in west bengal after receiving environmental clearance. a similar project is underway in bathinda, punjab. both projects are expected to be completed within 18-24 months. the company
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Kirana stores agree on a potential plan to survive the quick commerce takeover
Kirana stores are feeling the heat from quick commerce, with 80% reporting lost business. to combat this, they're turning to digitalization, partnering with e-commerce platforms, and improving customer service. while concerned about survival, most are op
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Pawan Hans secures 10-year contract for helicopter services to ONGC
Pawan hans secured a ₹2,000 crore, 10-year contract with ongc to provide four hal-manufactured dhruv ng helicopters for offshore operations. these helicopters, the civil variant of the alh mk iii, will begin operations next year, enhancing ongc's crew t
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Sembcorp bags 150 MW solar project with 300 MWh energy storage
Sembcorp secured a major solar and battery storage project in india. the project will provide 150 mw of solar power and 300 mwh of battery storage. seci awarded the project to sembcorp green infra. this boosts sembcorp's total renewable energy capacity in
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Air India announces special discounts & benefits for students; check details
Air india has introduced special student fares offering up to 10% discount on base fares, 10kg extra baggage allowance, and a one-time free date change. available for economy, premium economy, and business cabins, these benefits apply to both domestic and
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
India's gem and jewelry exports fall in November 2024
India's gem and jewelry exports fell in november 2024. global economic worries dampened demand for diamonds. cut and polished diamond exports dropped sharply. gold jewelry exports, however, surged. this rise was driven by record gold prices. the indus
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Indian realty institutional investments hit all-time high in 2024 with robust outlook
India's real estate sector is thriving, with institutional investments reaching a record .9 billion in 2024, a 51% increase from last year. the residential sector now leads investments at 45%, surpassing offices. domestic investor participation has risen
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Inox Wind bags 60 MW equipment supply order from Serentica Renewables
Inox wind secured a 60 mw wind turbine supply order from serentica renewables for a hybrid energy project in karnataka. the 3 mw turbines will be delivered within the first half of 2025 and inox wind will also provide long-term maintenance. the generated
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Airtel becomes first private telecom operator to connect Kupwara, Baramulla, Bandipore
Bharti airtel has become the first private telecom operator to launch mobile services in the kupwara, baramulla, and bandipore districts of jammu and kashmir. the company has deployed 15 mobile towers to provide connectivity to local populations and soldie
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Indian REITs Association appoints Alok Aggarwal as Chairman
Alok aggarwal, md and ceo of brookfield india real estate trust, has been appointed chairman of the indian reits association (ira). the ira, founded in 2023, aims to foster the growth of india's reit sector. aggarwal's leadership is expected to drive inno
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
What India needs to build a truly sustainable EV economy
India's electric vehicle (ev) market is experiencing rapid growth, fueled by government initiatives and rising consumer demand. e-rickshaws play a key role, and the country is focusing on expanding charging infrastructure and domestic battery production.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Regulating OTTs comes under preview of I&B ministry, concerns of Telecom Service Providers are raised: Jyotiraditya Scindia
Communications minister jyotiraditya scindia stated that regulating over-the-top (ott) platforms falls under the information and broadcasting ministry's jurisdiction. an advisory group raised concerns about cost-sharing between otts and telecom providers,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Delhi High Court ruling upholds landlord's rights over tenant's in property disputes
The delhi high court has ruled in favour of an elderly couple's eviction request. the court stated the tenant cannot control the landlord's property use. the couple, a war veteran and his wife, needed the space for care. the tenant had overstayed their le
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Ambuja Cement merger with Sanghi Industries, Penna Cement will pave way for industry leadership
Ambuja cement is merging with sanghi industries limited (sil) and penna cement industries to enhance governance, efficiency, and competitive strength. the merger will solidify ambuja’s market leadership and support long-term growth.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Get ready to pay up to Rs 1 crore fine for hoax flight bomb calls
India implemented new regulations to combat a surge in hoax flight threats. hefty fines of up to ₹1 crore for organizations and ₹1 lakh for individuals, along with potential boarding denial, aim to deter false alarms. revised protocols minimize disru
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
GIC buys a majority stake in hospital platform Asia Healthcare Holdings
Gic has increased its stake in asia healthcare holdings (ahh) with a 0 million investment, bringing its total investment to 0 million and gaining majority ownership. ahh, incubated by tpg growth, operates a network of single-specialty hospitals in so
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Quadria Capital to pick up minority stake in drug company Aragen
Quadria capital is set to acquire a 10% stake in aragen life sciences for about 0 million, valuing the indian crdmo at .2 billion. the investment will fuel aragen's expansion, including a new biologics facility, and potentially pave the way for a fut
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
India presents a tough battleground for US consumer giant Walmart
Walmart's flipkart ipo faces delays amidst india's complex e-commerce regulations, potentially pushing it to 2026. regulatory scrutiny targets foreign-backed platforms, hindering walmart's expansion while benefiting domestic competitors like ambani. a pot
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Jharkhand govt initiates process for legal action to realise 'coal dues' from Centre
The jharkhand government has initiated legal proceedings against the central government to recover rs 1.36 lakh crore in outstanding coal dues. the state government authorized the secretary of revenue to commence legal action following a cabinet meeting de
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
SECI defends transfer of 2,333 mw power project from Azure to Adani
Seci defended the transfer of a 2,333 mw solar power project from azure to adani group before the cerc. they stated the transfer met andhra pradesh's power needs and maintained the original contract terms, staying within the approved bidding process and
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Welspun One targets Rs 4,000-cr fund raise as global investors eye strategic GP-level entry
Welspun one aims to raise over rs 4,000 crore for a new fund to expand its logistics portfolio to 32 million sq ft by 2028. the company has seen strong investor interest, including potential general partner alliances, and has already committed 75% of its s
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
All together, smartphone cos fail to increase volume again
India's smartphone market saw stagnant growth in 2024. the festive season offered minimal boost. budget phone sales slumped. analysts predict slight growth in 2025. this depends on mass-market recovery. generative ai features could be key. increased m
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Enso Group partners with G-Energy to launch engine oils in India
Enso group's enso oils & lubricants has partnered with gazpromneft-lubricants to bring g-energy engine oils to india. the launch event in mumbai highlighted g-energy's motorsport-proven performance and suitability for india's demanding conditions, pro
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
CATL says it has co-developed 10 new EV models with swappable batteries
Catl is partnering with automakers to launch 10 new evs with swappable "choco-swap" batteries. they aim to build 1,000 swapping stations next year and envision 30,000-40,000 stations eventually replacing a third of china's gas stations. the service start
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Airlines say new rest rules on pilot rest duty can only be implemented only from 2026
Indian airlines, including indigo and air india, are resisting new pilot work and rest rules proposed by the dgca. they argue that full implementation before 2026 is impossible and that the redefined night duty hours will severely impact operations. airlin
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Hindustan Zinc plans to raise RE contribution to over 70% of total power needs by 2027
Hindustan zinc ltd aims to increase its renewable energy use to over 70% of its total power needs by 2027. the company plans to expand its renewable power agreements to 530 mw, boosting its access to continuous green energy. this initiative is expected to
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Treebo parent THV strengthens presence in mid-market segment with the launch of new hotel brand, ‘Medalio’
Treebo hospitality ventures launched a new premium hotel brand, medalio, targeting the mid-market segment. the first medalio hotel opened in udaipur, featuring 30 rooms and amenities like a swimming pool and spa. this launch follows their partnership with
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Bombay HC grants temporary relief to Hind Rectifiers in trademark dispute on 'Hirect'
The bombay high court has issued a temporary injunction against chrome21 india, preventing them from using the 'hirect' trademark. hind rectifiers, a semiconductor and railway equipment maker, filed a lawsuit alleging trademark infringement and passing of
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
RIO Luxury Homes to Complete a Decade in Real Estate, Exponential Growth at 3000%
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Blocked 18 OTT platforms for publishing obscene, vulgar content: Govt
The indian government blocked 18 online video streaming platforms on march 14, 2024, for distributing obscene and vulgar content, according to minister of state l murugan. the action was taken under the 2021 it rules, which outline ethical guidelines for d
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Micro fin impacted by confluence of factors, last quarter of pain, say executives
Microfinance loan delinquencies are rising due to political events, weather disruptions, and excessive lending. rural households prioritize food and secured loans over microfinance amidst job losses and high food inflation. industry executives anticipate
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Govt disburses Rs 331.8 cr telecom PLIs, Jabil Circuit, Nokia top beneficiaries
The indian government has distributed over rs 331 crore in incentives to 18 companies as part of the telecom production-linked incentive (pli) scheme. these companies, including jabil circuit india and nokia solutions, have generated over 25,000 jobs and a
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
QR code frauds double in 2 years
Qr code frauds in india doubled to nearly 40,000 in 2023-24, with losses tripling to rs 56.34 crore. as of september 2024, over 18,000 cases involving rs 22.22 crore have already been reported. the government, rbi, and npci are implementing preventative
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
CCPA issues 325 notices for consumer rights violations, imposes Rs 1.19 crore in penalties
The central consumer protection authority (ccpa) has issued 325 notices and imposed penalties totaling rs. 1.19 crore for consumer rights violations. the ccpa has implemented guidelines to combat misleading advertisements, unfair trade practices, and gree
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Indian firms borrowing intentions at .5 bn in October
Ecb registrations through combined automatic and approval route in october was higher sequentially from .8 billion in september as well as year on year basis from 5 million last october.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
NHAI directs road contractors to adhere to MBCB guidelines
In a statement issued wednesday, the ministry of road transport and highways said the national highways authority of india (nhai) has directed concessionaires or contractors to ensure that material supplied for the crash barrier should be of the same speci
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
BluJ Aero & Blade India sign up to boost regional air mobility
Bluj aero and blade india will bring 60 vertical takeoff and landing aircraft to india. the deal includes cargo and passenger aircraft. these hydrogen-powered aircraft will improve logistics and regional travel. they will serve areas with limited airpor
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
TARC pledges full cooperation as Sebi launches financial audit
Realty developer tarc, under sebi's financial audit, affirmed its cooperation and reiterated strong financial standing. the company emphasized its ongoing luxury residential projects in delhi and gurugram remain unaffected, driven by robust demand and eff
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Indian REITs Association appoints Alok Aggarwal as Chairman
The indian reits association has a new chairman. alok aggarwal will lead the organization. he is the ceo of brookfield india real estate trust. the association promotes the growth of reits in india. aggarwal aims to boost innovation and transparency in the
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Cos may have to pay more for fire and engineering cover
Businesses and industrial units will see increased premiums for fire and engineering insurance starting january. catastrophic events like floods in vijayawada and vadodara have led to higher claims. reinsurers are pushing for revised pricing and stricter u
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
As RBI frowns, fintechs pivot to secured loans
Facing tighter regulations on unsecured lending, digital lenders in india are shifting towards secured options like property and business loans. this transition involves increased physical verification and collateral checks, prompting some lenders to adop
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Quality compliance certificates for Chinese steelmakers soon
The bureau of indian standards (bis) is poised to grant compliance certificates to three chinese steelmakers for cold rolled grain oriented steel (crgo). this move addresses a domestic shortage of this crucial alloy, used in transformers and other industr
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Centre plans to increase financing for renewable energy projects
Renewable energy minister pralhad joshi will meet with bank and industry leaders in january to discuss increased financing for renewable energy projects. india aims to achieve 500 gw of non-fossil fuel-based energy capacity by 2030, requiring substantial i
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Auto industry on track to achieve target of Rs 25,000 crore import cut
India's auto industry plans to significantly reduce imports by making more parts locally. this includes key components like electric motors and transmissions. the industry has already made progress. it aims to achieve a total reduction of ₹25,000 cror
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Decathlon starts listing rival brands on its site
Decathlon india has begun listing rival brands like adidas and garmin on its website, redirecting customers to the brands' sites for purchase. this online marketplace approach aligns with indian fdi regulations, while in-store sales remain limited to deca
Tag: Industry India Source: indiatimes.com Dated: 2024-12-18
Skoda Auto India hikes vehicle prices by up to 3 pc
Skoda auto india announced a price increase of up to 3% on its car models, effective january 1, 2024. this is due to rising input and operational costs. the price hike will affect all models except the recently launched kylaq, which will remain at its cur
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Adani Energy Solutions forms new arm for power transmission
Adani energy solutions step-eleven limited (aessel) has been incorporated with the registrar of companies, ahmedabad, gujarat, on december 17, 2024, and is yet to commence its business operations, the company said in an exchange filing.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
1,394 batches of drugs recalled in 2023-24 for failing quality tests: Minister
Drug recalls due to failed quality tests have seen a concerning rise in india, from 950 batches in 2019-20 to a provisional 1,394 in 2023-24. over 2,900 drug samples failed quality checks this year, with 282 deemed spurious or adulterated, leading to over
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Delhi HC approves Akoi family settlement over ‘Imperial’ trademark
The akoi family settled a 16-year trademark dispute over the iconic imperial hotel in delhi. brothers hardev and jasdev's families agreed on joint ownership of the 'imperial' trademark. the court directed no separate applications for similar trademarks. th
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
RBI lifts business restrictions on two Edelweiss Group entities
The reserve bank of india (rbi) lifted business restrictions on ecl finance ltd and edelweiss asset reconstruction company limited. the rbi had imposed these curbs in may due to supervisory concerns, including restrictions on structured transactions and a
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Dish TV India partners C21 Media to launch content trade event
Scheduled for april 1-3, 2025, the three-day summit will lay the groundwork for the comprehensive content india 2026 event. modeled on the globally successful formats of c21 media’s content london and content americas, the event will integrate a marketpl
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Birla Estates acquires 70.92-acre land parcel in Boisar for Rs 104.3 crore
Birla estates continues its land acquisition spree. the company recently purchased a 70.92-acre plot in boisar. this follows a 24.5-acre acquisition in thane and a 10-acre purchase in mumbai. the boisar deal cost rs 104.3 crore. the thane deal was wort
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Investment of Rs 1.46 lakh cr realised across 14 PLI sectors till Aug
The indian government's production linked incentive (pli) schemes across 14 sectors have attracted rs 1.46 lakh crore in investments, leading to over rs 12.50 lakh crore in increased production and sales as of august 2024. these schemes have also generated
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Tyre issue: Bahrain-bound Air India Express flight returns to Kochi, makes precautionary landing
An air india express flight returned to cochin airport after a suspected tyre problem. the flight to bahrain carried 105 passengers. debris was found on the runway after take-off. the flight landed safely. a full emergency was declared and later withdrawn.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Akasa Air employee-centric organisation; satisfaction levels high among staff: CEO Vinay Dube
Akasa air ceo vinay dube emphasized the airline's commitment to safety and employee satisfaction, amidst pilot concerns. he highlighted continuous improvement efforts, positive pilot feedback, and a low attrition rate. dube asserted the airline uses data
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
DGCA issues show cause notice to Akasa Air on violation related to operations manual
India's aviation regulator, the dgca, issued a show-cause notice to akasa air for violating norms related to its operations manual. the airline's revision cycle exceeded the six-month limit, prompting the notice. this follows another notice issued earlier
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Study abroad simplified: Discover Binghamton, a Public Ivy, with ET Global Universities
Join the upcoming webinar organised by et global universities to learn everything about binghamton university–one of the top public ivies in new york state. this expert-led session will cover the a-z of studying at binghamton, including its curriculum,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Maruti crosses 20 lakh annual production-mark in a year for first time in 2024
Maruti suzuki india celebrated a production milestone, surpassing 2 million vehicles in 2024, a first for any suzuki global facility. the ertiga marked the 2 millionth vehicle, rolling off the manesar production line. with production split between haryana
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
LG Energy Solution, India's JSW discuss .5 bn battery venture, sources say
Lg energy solution and jsw energy are discussing a .5 billion joint venture in india to manufacture ev and energy storage batteries. the potential plant aims for 10 gwh capacity, with jsw utilizing 70% and lges the rest. this partnership allows lges en
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
Gold jewellery consumption to grow 14-18 pc in FY25 in value terms: Report
India's domestic gold jewellery consumption is projected to grow by 14-18% in value during fy25, driven by favorable prices and festive demand. a customs duty cut and increased auspicious days further boost this growth. organized jewellers are expanding, p
Tag: Industry India Source: indiatimes.com Dated: 2024-12-17
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