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

Asset management JV with BlackRock progressing well, says Jio Financial Services

Asset management JV with BlackRock progressing well, says Jio Financial Services

On october 19, 2023, jio financial and blackrock financial management inc. filed papers with markets regulator sebi for launching a mutual fund business. as of march 2024, the application was under process for sebi's in-principle approval.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

2024 forecast to set new record for electric car sales: IEA

2024 forecast to set new record for electric car sales: IEA

Iea foresees 2024 as a groundbreaking year for electric car sales, especially in china. the global electric vehicle sector is poised for significant growth, driven by increasing investments in battery manufacturing and ambitious expansion plans by automake
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

NBCC reported highest ever sale in 2023-24

NBCC reported highest ever sale in 2023-24

Nbcc's fy 23-24 saw significant growth with projects like amrapali and kerala state housing board. kp mahadevaswamy highlights sustainable development. commercial real estate sales show progress through e-auctions.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

UP RERA penalises homebuyer for repeatedly filing complaint with the authority

UP RERA penalises homebuyer for repeatedly filing complaint with the authority

Up-rera fines homebuyer for repetitive complaints despite relief, impacting justice delivery. misuse of legal process observed by ncr bench chairman. sanjay bhoosreddy stresses deterring unscrupulous complainants with heavy costs to ensure justice for genu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Telecom industry sees growth in AGR led by Bharti Airtel and Reliance Jio

Telecom industry sees growth in AGR led by Bharti Airtel and Reliance Jio

Telecom industry's agr grew 1.88% to rs 67,835 crore in oct-dec. bharti airtel, reliance jio led the expansion. trai data highlighted mobile services' significant contribution.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Office space leasing expected to reach 61 million sq ft in 2024

Office space leasing expected to reach 61 million sq ft in 2024

The q1 2024 saw leasing of 16.7 million sq ft, strongest q1 in the last five years and a 20% rise year on year. office space absorption across india’s six major cities is likely to register another big year with expectations of around 61 mn sq. ft. in 20
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

BharatPe launches all-in-one payment device BharatPe One

BharatPe launches all-in-one payment device BharatPe One

Indian fintech firm bharatpe has launched bharatpe one, an all-in-one payment product that integrates a point of sale (pos), qr code, and speaker into one device. the product will be launched in 100 cities in the first phase and 450 cities over the next si
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

JSW, Reliance, TVS place bids for battery PLI sops

JSW, Reliance, TVS place bids for battery PLI sops

Jsw neo energy, reliance industries, lucas tvs, acme cleantech, amara raja, anvi power, and waaree energies have participated in a production linked incentive (pli) auction for new-age battery manufacturing capacity in india. the companies bid for a cumula
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Reliance wins govt nod for additional investment to raise KG-D6 gas output

Reliance industries ltd and bp plc approved for additional investments in kg-d6 gas reserves, aiming for a 4-5 million cubic meters daily production increase. the recent focus on gas production is evident in their strategies.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Melbourne calling: Decoding how a trip to the Melbourne Museum will be a highlight of your vacation

Discover melbourne's rich cultural heritage by visiting melbourne museum, where you can explore history, heritage, and diverse perspectives. engage with immersive exhibitions, cultural centers, and galleries to make your trip memorable and enriching.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

India seeks details from food regulators of Singapore, Hong Kong after quality concerns

India, a major spice exporter, faces bans on mdh and everest products by singapore and hong kong due to pesticide concerns. the country is taking measures to address the issue and ensure compliance with quality standards.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

PSU lenders do not have the power to issue Look Out Circulars: Bombay HC

The bombay high court declared public sector lenders ineligible to issue look out circulars (locs) under central government office memoranda. while deeming this practice as 'arbitrary', the court upheld the constitutionality of the central government's off
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Air India enters into codeshare pact with Japan's All Nippon Airways

Air india will add its 'ai' designator code on ana's flights between tokyo haneda and delhi as well as tokyo narita and mumbai. ana will add its 'nh' designator code on air india's flight between tokyo narita and delhi, a release said on tuesday.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

L&T manufactures hydrotreating reactor for refinery in Mexico

Larsen & toubro manufactured a hydrotreating reactor for antonio dovali jaime refinery in mexico using axens' technology from france. the reactor, with cr-mo-v metallurgy, eliminates nitrogen and sulphur compounds from hydrocarbon streams.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Expect capex for EV components to cross Rs 25,000 cr in next 3-4 years: ICRA

Icra forecasts rs 25,000 crore investment by auto component industry in 3-4 years for electric vehicle parts, with a strong focus on enhancing ev production, localisation, and addressing manufacturing challenges.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Bha - All about Indian shoe sizing system

Csir-clri proposed the 'bha' system, anticipating a positive transformation in the indian footwear industry by offering better-fitting shoes, with users trialing the new sizes before full-scale adoption in 2025.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Stellantis India to hike vehicle prices by up to Rs 17,000 from April 30

Under the citroen brand, the company sells a range of vehicles, including compact car c3, suvs c3 aircross and c5 aircross and electric car e-c3 priced from rs 6.16 lakh to rs 37.67 lakh, as per the company's website.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Residential housing demand and price growth to moderate in FY25: Ind-Ra

The residential real estate sector is projected to maintain stable absorption and prices in fy25, supported by favorable affordability and stable interest rates. despite the likelihood of a slowdown compared to the high base of fy24, significant growth was
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

India tells spice makers MDH, Everest to give details of quality checks after Hong Kong allegations

Hong kong this month suspended sales of three mdh spice blends and an everest spice mix for fish curries. singapore has also ordered a recall of the everest spice mix and advised against its consumption.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Steady absorption, modest supply growth in commercial realty to continue in FY25

Ind-ra maintains neutral outlook for indian cre sector in fy 2024-25, with stable rating outlook for cre entities. expectations include improved metrics, growth in absorption rates, and steady rental increases, driven by demand from various sectors.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Jio veteran Sanjay Mashruwala quits

Mashruwala, aged 76, was one of the key leaders who has served in multiple capacities in the reliance group before taking on the role of the company’s md in 2013.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Centre receives seven bids to set up giga-scale battery manufacturing facilities; RIL, JSW Neo among bidders

The ministry of heavy electricals has received seven bids for re-bidding production linked incentives (pli) for 10 gwh advanced chemistry cell manufacturing, including acme cleantech solutions, amara raja advanced cell technologies, anvi power industries,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Aston Martin launches 'Vantage', priced at Rs 3.99 crore. Check key features and details of the sportscar

British luxury sports car manufacturer aston martin has launched its latest model, the vantage, with a 4.0-liter v8 twin turbo engine delivering 665ps/800nm output. the vantage can reach 96 kmph in 3.4 seconds and has a top speed of around 325 kmph. key fe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Bajaj Auto appoints Abraham Joseph as MD of EV arm Chetak Technology

Joseph is a bajaj auto veteran with over 35 years of experience, the company said in a statement. under his leadership, chetak technology ltd (ctl) will pivot to become a high-tech organisation focused on developing core competencies across the spectrum of
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

The Executive Centre announces change in leadership for South Asia, Middle East

Rajat kapur to be md for north india, uae and saudi arabia, while manish khedia to take charge of south india, west india and sri lanka
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

WeWork expands India presence, adds two assets in Pune & Gurugram

The hq27 located in gurugram’s mg road market, offers over 96,000+ sq. ft. of sace across three with over 1,480+ desks. the property ahs a 15 years lease agreement with wework.the pune property is situated within pune’s largest mall complex - amanora m
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

MP Board Class 5th, 8th Results 2024 announced: How to check and download results

Rskmp released class 5 and 8 results on rskmp.in at 11:30 am, available at 12:30 pm. over 12 lakh class 5 and 11 lakh class 8 students participated in the exams held from 9:00 a.m. to 11:30 a.m. after the press conference, students can check their results
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

ICSE and ISC results 2024: Class 10th and 12th marks to be announced soon. Here's how to check and other updates

The 'icse and isc results 2024' announcement by the council for the indian school certificate examinations (cisce) is eagerly awaited, expected to be declared in the first week of may. with exams held from february to march, and rescheduling in some cases,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

DGCA mandates airlines to allocate seat for children under 12 years with parents/ guardian

The directorate general of civil aviation (dgca) has mandated airlines to allocate seats for children up to 12 years old with at least one parent or guardian traveling on the same pnr, and to maintain a record of this arrangement.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Karnataka, Gujarat lead India's clean energy transition race: Report

Ieefa and ember report highlights varying state progress in clean energy transition in india. recommendations include strengthening regulatory ecosystems at the state level and tailored policy interventions to address unique challenges in decarbonising pow
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Everest denies reports of its products being banned in Singapore, Hong Kong

Everest, a masala maker, refuted claims of its products being banned in singapore and hong kong due to alleged pesticide contamination. singapore requested a recall of 'everest fish curry masala'. india's fssai will inspect spices domestically. the spices
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Electric car sales to rise but affordability in focus, IEA says

Iea predicts 17 million electric car sales in 2024 amid economic challenges. china to buy 10 million. affordability, infrastructure, and oil demand are crucial. battery prices dropping, competition intensifies, charging networks need six-fold growth by 203
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

India may not extend EV concessions to Chinese firms: Report

Ev concessions for chinese firms like byd in india face obstacles due to national security concerns and fdi requirements under the new policy. the gtri report warns of potential large-scale entry of chinese auto firms in the local market.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

MDH, Everest row: Indian regulator turns on the heat, to check quality of masalas sold in India

Fssai, india's food safety regulator, has initiated sampling of powdered spices, including popular brands mdh and everest, nationwide following quality concerns raised by singapore and hong kong. the spices board of india is investigating the ban imposed b
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Automakers hope for a cut as two-way EV charging becomes real

Automakers and utilities are gearing up for v2g technology, enabling ev owners to sell power back to grids. major players like gm, ford, volkswagen, and nuvve are actively involved in this evolving landscape of bidirectional charging.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Xiaomi secures lock-in orders of more than 70,000 SU7 cars

Xiaomi's lei jun and lu weibing celebrated over 70,000 su7 orders, praising strong electric car sales. the company's strategic plans involve no off-road vehicles, focusing on delivering max and pro models.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Pavna Industries forays into EV segment; to supply auto components to OLA Electric

Pavna industries partnered with ola electric for auto components supply in the domestic ev sector, emphasizing entry into the two-wheeler electric vehicle segment. shares of pavna group closed at rs 561.40 on bse.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Some mobile users caught in recycled numbers game

One has just got a new mobile connection and suddenly calls from a bank recovery agent start pouring in. or, one has been trying to link one's new mobile number to the bank account or upi but is not able to as it's already linked with someone else. this is
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Revamped health schemes to focus on kids' nutrition

"the idea is to come up with a comprehensive physical and mental development programme for schoolchildren, with a focus on nutrition to minimise cases of anaemia and to strengthen their mental health to reduce increasing incidence of anxiety, depression an
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

NARCL raises ₹670 cr in fresh equity from existing shareholders

The government-promoted national asset reconstruction company (narcl) has raised ₹670 crore equity from existing shareholders and is in the process of raising ₹3,200 crore debt to support its plan to acquire ₹1 lakh crore of stressed assets. however,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Govt not seeking to change SC ruling backing auction of spectrum

The government on monday sought an urgent hearing in the supreme court on its plea filed in december last year, which sought to know in which instances can spectrum be given administratively.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

TS Inter Results 2024: Telangana State Board to declare TS Inter 1st and 2nd year results 2024 soon; Check here for details

Ts inter results 2024: telangana state board of intermediate education is set to announce the results for the ts inter 1st and 2nd year exams soon. over 9.8 lakh students appeared for the exams, conducted from february to march. to pass, students need to s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Dr Reddy's recalls six lots of drug in US due to subpotency

Dr reddy's laboratories on tuesday said it is voluntarily recalling from the us market six lots of medication, indicated to reduce blood phenylalanine (phe) levels, on account of being subpotent. the company is recalling affected lots of sapropterin dihydr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

AU Small Finance Bank launches array of products including Rupay credit card

Au small finance bank (au sfb) has introduced several new products to boost fee income, including the au spont rupay credit card and secured credit card - nomo. the nomo credit card is au sfb's first secured credit card, backed by a fixed deposit (fd), off
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

RBI imposes curbs on Maharashtra-based Konark Urban Co-op Bank

Rbi imposed restrictions on the konark urban co-operative bank in ulhasnagar, affecting withdrawals. depositors can claim up to rs 5 lakh from dicgc. no withdrawals allowed without rbi permission, despite the bank's liquidity issues.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Power Grid to infuse funds in National High Power Testing Laboratory; to hold 50 pc stake

Power grid to invest in nhptl, a joint venture with ntpc, nhpc, dvc, cpri. ministry of power approved revival plan with equity transactions and revised board composition for short circuit testing facility.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Auction route for spectrum will continue; administrative allocation only in limited cases: Sources

The department of telecom (dot) is gearing up to hold the next round of spectrum auction on june 6 for eight spectrum bands (800 mhz, 900 mhz, 1,800 mhz, 2,100 mhz, 2,300 mhz, 2,500 mhz, 3,300 mhz, and 26 ghz) meant for mobile phone services at a base pric
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Kia Motors to announce new battery electric vehicle soon: Hardeep Singh Brar

Kia motors' indian subsidiary plans a 2025 ev launch. hardeep singh brar questions india's 30% ev sales target by 2030, estimating 15-20%. ev sales rose 2% in 2023. inflation, pricing, and sales challenges persist.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Telecom service sector's AGR up 1.8 pc to Rs 67,835 cr in Dec 2023 quarter: Trai data

The adjusted gross revenue (agr) of india's telecom service sector rose by 1.88% to rs 67,835 crore in the december 2023 quarter, according to trai's data. year-on-year, the agr increased by 7.84%. access services accounted for 82% of the total agr, with b
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Mahindra Finance detects about Rs 150 cr fraud in retail vehicle loan portfolio

Mahindra finance reported a fraud of approximately rs 150 crore in its retail vehicle loan portfolio at one of its branches in the northeast. the fraud involved forgery of kyc documents and embezzlement of company funds. as a result, the company has deferr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Non-Metro cities see a big growth in credit demand: Report

Kanpur and barabanki emerge as top cities for credit demand, beyond metros. bt100 cities dominate two-wheeler and auto loans, with public banks leading in auto and home loans. festival spending boosts lending across various regions.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Government mandates airlines to seat one parent with children

The creation of the new rule comes in response to complaints on social media from passengers who say they have been asked to pay for seats or seat apart from their children, some as young as 8 years. on march 31, akshay baheti wrote on social media that in
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Airtel to provide international roaming packs starting at Rs 133/day in 184 countries

Bharti airtel's affordable rs 133/day international roaming packs cover 184 countries, offering data benefits, in-flight connectivity, 24x7 support, and auto renewal via the thanks app. these packs provide value compared to local in-country sims.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

PLI: Automobile, auto parts cos invested Rs 13,000 cr in past one year in EV, EV parts making

Senior government officials told et eight automakers and parts suppliers--mahindra & mahindra, tata motors, bajaj auto, ola electric, toyota kirloskar auto parts, tvs motor company, sona blw precision forgings, delphi tvs technologies have invested and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Is Mahindra Bolero Neo safe for you? The SUV scores only one star in safety ratings

The mahindra bolero neo received a one-star rating for both child and adult safety in the global ncap tests, highlighting its performance in occupant safety. the suv lacks key safety features, unlike other mahindra models with higher safety ratings.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

IndiGo announces trial of in-flight entertainment on Delhi-Goa route

Indigo, india's largest airline, is set to introduce in-flight entertainment on its delhi-goa route from may 1, offering passengers access to content through the indigo app. this three-month trial service will require passengers to use their personal headp
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

New MD & CEO appointed at Srei Infrastructure Finance under NARCL management

The kolkata-based kanorias previously controlled the twin companies of sifl and srei equipment finance company till rbi superseded their boards over alleged mismanagement in october 2021 and subsequently initiated ibc proceedings. however, narcl successful
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Volkswagen Taigun GT Line and GT Plus Sport launched in India: Here's what's new

Volkswagen has unveiled two new variants of its taigun suv in india, offering enhanced features and a sportier driving experience. priced competitively, these variants are expected to attract suv enthusiasts in the country. the company aims to further expa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Fractional ownership platforms start registering under new SEBI regulations

Integrated co-working firm efc (i) ltd plans to form an investment manager entity to manage assets and investments of sm reit through a wholly owned subsidiary efc ltd. others like strata and wisex are also taking similar steps. the company’s board has a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

Patanjali case: SC intensifies focus on misleading ads by FMCG companies

The apex court also took a dig at patanjali ayurved’s public notice tendering unqualified public apology, asking if the size of the apology put out in 67 newspapers was similar to its full-page advertisements that it normally issued for its ayurvedic pro
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-23

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