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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

Indoco Remedies gets warning letter from USFDA for Goa plant

Indoco remedies' goa plant received a warning letter from the usfda following a july inspection. the company stated its commitment to resolving the issues and maintaining compliance with us regulations while continuing to supply products to the us market.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Grew Energy gets order to supply 500 MW modules for solar project in Rajasthan

Grew energy has secured a contract to supply 500 mw of pv modules to jindal renewables for a solar power project in rajasthan. this partnership aims to support jindal's commitment to sustainable steel production by utilizing renewable energy solutions. th
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

EV sales up 25.64% from last year: MHI

India witnessed a surge in electric vehicle registrations, reaching 13.06 lakh between april and november 2024, a 25.64% increase compared to the same period in 2023. the pm e-drive scheme, with a rs. 10,900 crore outlay, fuels this growth by supporting e
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Only 6.68% of population filed income tax return in 2023-24 fiscal

India witnessed a rise in income tax return filings for the 2023-24 fiscal year, with over 8.09 crore returns submitted, compared to 7.40 crore the previous year. however, this represents only 6.68% of the population. interestingly, nearly 4.90 crore indiv
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Granules India gets USFDA nod for generic drug

Granules pharmaceuticals, inc. secured usfda approval for generic lisdexamfetamine dimesylate chewable tablets. the tablets treat adhd in children and adults. they also treat binge eating disorder in adults. the drug is available in various strengths.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Stellantis to hike prices of Jeep, Citroen models from Jan

"while the price revision is necessitated by increasing input costs and exchange rates, we stand steadfast in our commitment to continue to be focused on providing value, high quality, and a great driving experience to its customers," stellantis india md a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Tata Motors bags order for 1,297 bus chassis from UPSRTC

Tata motors won a large order for bus chassis from upsrtc. this is the third order from upsrtc this year. the total number of buses ordered exceeds 3,500. the buses will be used for intercity and long-distance travel. tata motors won the order through a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Holiday travel trends 2024: Goa tops charts as India plans extended festive getaways

Goa tops travel searches for the upcoming holiday season. hill stations like manali and mussoorie are also popular. azerbaijan and malaysia lead international searches. the travel rush peaks on december 21st, extending through christmas and new year. m
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Indian banking liquidity deficit hits highest in six months

India's banking system faced its highest liquidity deficit in nearly six months due to advance tax payments and likely central bank intervention to stabilize the rupee. the deficit reached ₹1.5 trillion (.7 billion) as of monday, pushing up borrowing
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Reliance NU Suntech secures 930 MW solar, 465 MW battery energy storage projects

Reliance power's subsidiary, reliance nu suntech, secured a 930 mw solar project and a 465 mw/1860 mwh battery storage project from seci. this marks the second largest single-site battery storage deployment in asia, excluding china. reliance nu suntech wo
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

New chip units to be key cog in India's 6G localisation strategy

India is leveraging new semiconductor plants in assam and gujarat to produce 6g network hardware domestically. this initiative aims to reduce reliance on imports, bolster national security, and drive the 'make in india' program. the government is encourag
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Indian Pharma and healthcare sectors are poised for long-term growth: Centrum

India is set to strengthen its pharmaceutical and healthcare sectors. the government is launching production-linked incentives and building bulk drug parks. these initiatives aim to boost domestic drug production. the government is also promoting research
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Maruti Suzuki testing new 7-Seater Grand Vitara SUV. Here's all we know about it

Maruti suzuki is testing a new 7-seater suv, inspired by the e-vitara, likely to launch in late 2025 or early 2026. it's expected to share the grand vitara's platform and powertrains, but with a longer wheelbase. the new suv will compete with the hyundai
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Gold Rush! Is the jewellery market set to shine bright this fiscal year?

Icra projects 14-18% growth in india's gold jewellery consumption (value terms) for fy2025, driven by festive demand, weddings, and rural prosperity. organised jewellers are expanding retail networks, benefiting from the import duty cut and a shift to bra
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

India's renewable energy capacity addition doubled to 15 GW in April-November: Pralhad Joshi

India's renewable energy capacity additions nearly doubled to 15 gw between april and november compared to the previous year, bolstering its goal of 500 gw non-fossil capacity by 2030. minister pralhad joshi highlighted the 214 gw existing non-fossil capac
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

IIT-Madras introduces Cultural Excellence admission initiative

Iit madras introduces face admissions for students excelling in fine arts. two extra seats per program are reserved. one seat is gender-neutral, the other for female candidates. applicants must qualify in jee advanced 2025. a separate portal will manage fa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Daikin India and Rechi Precision, Taiwan set up JV for compressor manufacturing, design and sales for HVAC industry

Daikin india and taiwan's rechi partnered to make ac compressors in sri city. the new factory will start production by late 2024. this reduces india's dependence on china for components. the plant will also export compressors. daikin plans to invest rs
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

FanCode partners FIFA+ to offer non-live programming

Fancode is launching fifa+ zone, a free ad-supported streaming channel, featuring exclusive football content. indian viewers will enjoy curated programming, including interviews, documentaries, and world cup highlights. this 24/7 channel expands fancode'
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

BN Group to invest billion in Africa to expand edible oil business

Bn group is investing usd 1 billion to expand its edible oil operations into africa over the next five years. the plan includes building three manufacturing facilities and acquiring palm plantations, targeting a 20-25% ebitda margin. the expansion aims t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

IIT-Delhi's Abu Dhabi campus launches PhD programme in Energy & Sustainability

Iit delhi's new abu dhabi campus has launched a phd program in energy and sustainability, starting january 2025. the program will focus on netzero research, offering full tuition waivers and scholarships to qualified students. the campus already offers m
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Looking for a digital detox? 7 Indian destinations to unwind this holiday season

From tranquil himalayan valleys to remote islands, these 8 locations provide the perfect setting to disconnect and reconnect with nature, away from the digital noise.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Prestige, DLF, Signature Global among listed developers with highest supply in next few years

Eleven major listed real estate developers in india plan to launch over 253 million sq ft of new housing in the coming years. prestige estates, dlf, and signature global lead the charge, accounting for over half of the planned supply.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Taiwanese laptop maker MSI begins India manufacturing with Chennai facility

Taiwanese laptop manufacturer msi launched its first india manufacturing facility in chennai. initially producing the modern 14 and thin 15 laptops, msi aims to meet growing indian demand and expand its market presence. the company is also increasing ret
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

SEBI appoints forensic auditor to review financial statements of luxury housing developer Tarc

India's securities regulator, sebi, has initiated a forensic audit of luxury housing developer tarc's financials from fy2020-21 to fy2022-23. sebi suspects potential manipulation of financial disclosures and transactions that could harm investors. tarc pl
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

NTA to conduct only higher education entrance exams from 2025: Education Minister Dharmendra Pradhan

The national testing agency (nta) will cease conducting recruitment exams from 2025, focusing solely on higher education entrance tests like cuet-ug. this decision follows concerns over exam leaks and glitches. the nta will restructure in 2025, adding ne
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Government issues advisory to OTT platforms on depictions of drug use

The government has issued an advisory to ott platforms, cautioning them against portraying drug use without disclaimers. concerned about the influence on young viewers, the ministry of information and broadcasting cited the code of ethics, urging platform
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

'Update status or face cancellation': MahaRERA's ultimatum to over 10,000 realty projects in Mumbai, Pune

Maharera cracked down on 10,773 delayed real estate projects. developers must update project status within 30 days. failure to comply risks project cancellations, sales restrictions, and frozen bank accounts. most stalled projects are in mumbai and pune.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Railways to eliminate 21 level-crossing gates in Prayagraj for Kumbh

Indian railways is removing 21 level crossings in prayagraj. this rs 450 crore project will ease traffic for the maha kumbh. 15 gates are already complete. the remaining six will be ready by december. the up government is also deploying 350 shuttle buses.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

SPARC enters pact with UCSF and Tiller Therapeutics for early stage oncology asset

Sun pharma advanced research company (sparc) partners with tiller therapeutics. sparc licenses its rights to a promising cancer treatment. the deal involves a pre-clinical oncology asset. sparc gets a 55% equity stake in tiller. this stake vests in two
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

SBI has a warning for customers to save their money

Sbi alerted the public about deceptive videos circulating on social media. these videos falsely portray sbi officials endorsing investment scams. the bank clarified it has no connection with these schemes. sbi urged people to be cautious. these deepfakes u
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

JSW Neo ahead in sprint for O2 Power, Macquarie also in fray

3 binding bids submitted for eqt & temasek's renewable portfolio; enterprise value of around .5b less than seller's expectations.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Pharma lobby, govt meet to discuss OTC drug regulation

The drug regulator had earlier this year formed an expert panel to evaluate medicines which can become otc from prescription after pharmaceutical companies approached the regulator to make their drugs otc, a person said.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Lite Bite Foods in talks to sell minor stake to strategic investors

The company's two promoters, amit burman of the dabur family and co-founder rohit aggarwal, will continue to hold significant majority stake in the business, according to the executives. "lite bite foods is exploring multiple options to bring in either pri
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

GIFT City calls bids from global companies to develop 7.54 lakh sq ft commercial tower

Bidders can be a domestic or international company, a consortium or a joint venture. as a co-developer of the project, the selected bidder will be required to design, finance, develop, construct, operate and maintain the commercial tower. the land for the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Cheaper 5G smartphones ramp up volumes

Average selling prices (asps) of mobile handsets stayed flat at about 8 in the first three quarters of calendar 2024, helping volumes grow 6% on-year to 46 million units, according to market researcher idc. however, higher volume at flat asps led to a m
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Trai to roll out user-friendly DND app to combat spam menace

"the intention is to make it user-friendly... the experience should be good, and it should become the preferred app for dnd registration," trai chairman ak lahoti said, adding that additional functionalities that can be built in, such as reporting and bloc
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Roaring SUV sales puts diesel back on the growth path

Share of diesel in total pv sales is estimated at 18% as of the first half of december 2024, up from 17.8% in 2023, according to jato dynamics, a market research, data and analytics firm. diesel vehicle sales climbed to 774,000 units from 738,000 units dur
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Bollywood's 2024 woes: Hindi films lose the plot as soaring star salaries, flops hit industry hard

Bollywood's 2024 box office saw an 18.2% drop. hindi film collections fell by 25%. big-budget movies like bade miyan chote miyan and maidaan flopped. mid-budget films like munjya, shaitaan and stree 2 thrived. pushpa 2's hindi dubbed version earned over
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Airline hoaxers to face a hard landing as new law takes off

India strengthened its aircraft safety rules. the government can now put hoax bomb threat makers on a no-fly list. this follows a rise in such threats, causing flight delays and diversions. nearly 1,000 hoax threats were reported in 2024 alone. the change
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Shriram Finance close to biggest ECB deal in NBFC space

Shriram finance, india's 2nd-largest nbfc, secures a record .27 billion multi-tranche loan from global lenders including hsbc, mufg, and smbc. the loan, with maturities of three to five years, diversifies shriram's funding sources amidst tighter rbi reg
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Adani Cement to merge Sanghi & Penna units with Ambuja Cements

Adani cement is merging sanghi industries and penna cement with its flagship company, ambuja cements. sanghi shareholders will receive 12 ambuja shares for every 100 they own, while penna shareholders will get rs 321.50 per share. this consolidation aims t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Blackstone-backed Ventive Hospitality plans to double portfolio to 5,000 keys in 3-5 years

Blackstone and panchshil realty's joint venture, ventive hospitality, aims to double its portfolio to 5,000 keys within the next three to five years. the expansion will involve new constructions, acquisitions, and leveraging rights of first offer. ventiv
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Sony Pictures Networks India open to M&As to address portfolio gaps: CEO

Ceo gaurav banerjee, who previously worked with disney star, said his appointment as ceo and recent leadership changes aim to provide fresh direction, with india remaining a key market for japan’s sony pictures entertainment, spni's parent company.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Tussle between promoters, shareholders not obstructing functioning: Dish TV CEO

Dish tv's ceo states management operations are unaffected by shareholder disputes. the company launched content india 2025 with c21media. the event aims to boost india's content ecosystem. dish tv is transitioning to a content distribution company. it offe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Supriya Lifescience opens new API block at Lote Parshuram site in Maharashtra

Supriya lifescience inaugurated a new api production facility in maharashtra, costing rs 120 crore. the expansion adds 335 kiloliters of capacity, boosting the total to 932 klpd. the facility supports r&d, backward integration, and new product commer
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Solar power cos can’t import modules without paying duties

The cbic has withdrawn customs duty deferment for solar power companies using imported goods in bonded warehouses. this move, effective december 17, 2024, disallows manufacturing and other operations in these warehouses for such projects. companies alrea
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

India’s electrical and electronics industry set to hit 0 billion by 2030: ELECRAMA 2025 preview

India's electrical and electronics industry aims to reach usd 130 billion by 2030. elecrama 2025, the world's largest electrical show, will be held in greater noida. over 1,100 exhibitors and 15,000 b2b meetings are expected. west bengal's participation is
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

RBI lifts restrictions on two Edelweiss Group cos

The reserve bank of india (rbi) lifted business restrictions on edelweiss group's nbfcs, ecl finance and edelweiss arc. the rbi had imposed these restrictions in may due to alleged "evergreening of stressed assets" involving structured transactions and co
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Jindal Saw to acquire 31.20 pc stake in ReNew Green Energy for undisclosed amount

Jindal saw signed an agreement with renew green energy solutions. jindal saw will acquire part of renew green mhh one. the deal involves a 31.20% equity stake. jindal saw aims to secure cheaper electricity. the acquisition should be finalized by may 31
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-17

Welspun One, WTCA ink pact for Rs 800-cr urban warehousing project In Thane

Welspun one partners with wtca to invest ₹800 crore in a 1 million sq ft mixed-use development in thane. the project, wtc thane, will be india's tallest grade-a urban distribution center, integrating warehousing, retail, and office spaces. it aims to m
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Magenta Mobility to add 10,000 EVs over next fiscal; to expand to new cities

Magenta mobility is set to expand its electric vehicle fleet by 10,000 three- and four-wheelers in the next financial year. the company is broadening its reach to new cities and focusing on four-wheeler cargo vehicles for intercity and interstate logistic
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Godavari Biorefineries to invest Rs 130 crore for enhancing ethanol production

Godavari biorefineries is investing rs 130 crore in a new 200 klpd corn/grain-based distillery, boosting its ethanol production. the facility, expected to be operational by march 2026, will provide dual-feedstock capability, enhancing flexibility and resi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Thai AirAsia X to operate four weekly Bangkok flights from Jan 15

Thai airasia x launched flights between bangkok and delhi, capitalizing on increased travel demand. starting january 15, 2025, flights will increase to four weekly, aiming to capture 20% of indian travelers' onward connections. the airline cites visa-free
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Bavarian Nordic inks Mpox vaccine deal with Serum Institute

Bavarian nordic a/s partnered with the serum institute of india to produce its mpox vaccine. the serum institute will supply the indian market and expand bavarian's global manufacturing capacity through a profit-sharing agreement. this comes as mpox case
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Haldiram's Stake Sale: Blackstone said to emerge as lead bidder

Blackstone, potentially partnering with gic and adia, is in advanced talks to acquire a 20% stake in haldiram snacks for approximately .6 billion. this deal could value the indian snack giant at billion. while other bidders remain interested, a final
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

3D X-ray scanners delayed: Why faster airport security checks are taking longer

India’s plan to introduce advanced 3d ct x-ray and full-body scanners at airports has been delayed as a high-powered committee evaluates their suitability. the committee is focused on tailoring these technologies to address india’s unique security chal
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Oriana Power commits Rs 10,000 cr investment in Rajasthan

The agreement is for investments worth rs 10,000 crore for development of multiple projects encompassing solar, floating solar, green hydrogen and energy storage solutions (ess) in the state.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

NBCC gets Rs 490-cr work orders in Chhattisgarh, Rajasthan

Nbcc (india) ltd has secured contracts totaling nearly rs 490 crore for construction projects in chhattisgarh and rajasthan. the company will build eklavya model residential schools in chhattisgarh for rs 459.6 crore and a permanent building for a composit
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Tata faces pressure in Starbucks joint venture as consumers cut back

Tata consumer products, facing reduced foot traffic in its indian starbucks cafes, will adjust short-term expansion plans while maintaining its 2028 goals. the company also anticipates double-digit revenue growth in the latter half of the fiscal year, but
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

Coal India spends Rs 1,209 cr on solar projects

Coal india ltd (cil) has invested rs 1,209 crore in 661 mw of ground-mounted solar power projects and aims to reach 3,000 mw by 2027-28. measures like on-site engineer deployment are ensuring project progress. singareni collieries and nlc india have also
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-16

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