Industry India NEWS. Stock Market NEWS Updated Daily

Industry India NEWS. Stock Market NEWS Updated Daily

Nifty Fri 15 May 2026

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Industry India NEWS. Stock Market NEWS Updated Daily

Magnus Steel and Infra listed among approved suppliers for Tata Motors projects

Magnus steel and infra has secured a significant role as an approved steel supplier for tata motors' upcoming manufacturing facilities in gujarat and maharashtra. the company has already begun supplying materials through rieco industries ltd. future orders
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Union mines ministry launches 2nd tranche of e-auction for 12 limestone blocks in Jammu & Kashmir

The union ministry of mines has launched the second phase of e-auctions for twelve limestone blocks in jammu and kashmir. this initiative aims to boost mineral development and economic growth. the blocks are located in anantnag, rajouri, and poonch distric
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Thyssenkrupp cuts sales outlook after steel and automotive weakness weigh on results

German conglomerate thyssenkrupp has lowered its 2026 sales forecast. this move comes as demand weakens in its steel and automotive sectors. the company now anticipates sales to decline by up to 3%. this reflects broader economic slowdowns across europe. t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Eli Lilly halts India obesity awareness campaign after regulatory scrutiny, seeks rules clarity

Eli lilly halted its obesity awareness campaign in india. the nation's drug regulator cautioned the company about potential violations. the campaign aimed to reframe obesity as a chronic disease. it featured various media without naming specific products.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Adani Ports bets Rs 13,000 crore by FY31 for Europe subsea expansion

Adani ports is expanding its marine services into europe. its platform astro offshore has partnered with oceaneering international. this move targets specialized subsea and offshore services. the company plans significant capital expenditure to build a lar
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

The Executive Centre leases 465,000 sq ft in Bengaluru, Hyderabad, and Chennai

The executive centre (tec) has significantly expanded its footprint by leasing 465,000 sq ft across bengaluru, hyderabad, and chennai, adding over 6,000 workstations. this expansion caters to growing demand from global capability centers and multinational
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Welspun One leases 65,000 sq ft at JNPA SEZ to Balmer Lawrie for SEZ warehousing expansion

Welspun one and balmer lawrie have signed an agreement for warehousing space at wtc nhava sheva. this marks welspun one's first partnership with a government-owned company. balmer lawrie will use the facility to expand its logistics operations. the develop
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

West Asia war pushes half of Dubai's 2026 property handovers to 2027

The ongoing west asia conflict is impacting property project completions in the uae. developers face delays of six to nine months. construction costs have risen significantly. many projects scheduled for 2026 handovers will now be pushed to 2027 or later.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Chanel for Chandigarh, Mango for Mangaluru: India’s luxury map shifts beyond metros

India's retail landscape is shifting as smaller tier-2 cities are now attracting global brands and premium malls, outperforming larger metros. a new study reveals a parallel retail economy emerging, driven by strong consumption power and modern infrastruct
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Amazon Bazaar clocks 5x growth in 2026 as e-com giant looks to sharpens value commerce play

Amazon is boosting its value commerce segment in india. amazon bazaar, its low-cost marketplace, saw 5x growth in 2026. the company is integrating bazaar into the main amazon app. this move aims to attract shoppers seeking affordable products. bazaar offer
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

'Nobody will fly': India's plane versus train battle gets a twist

India's railway minister said upcoming bullet trains will dominate short-haul routes like mumbai-pune and bengaluru-chennai, mirroring global trends. this strategic shift prioritises high-speed rail for premium intercity travel, potentially reshaping indi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Resonia appoints Aditya Mittal as CFO

Resonia, a transmission infrastructure company, has appointed aditya mittal as its new chief financial officer. mittal brings over 15 years of experience from siemens and siemens energy. he will report to ceo prashant sinha. mittal's role will focus on str
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

State banks record all-time high net profit of Rs 1.98 lakh crore in FY26: FinMin

Public sector banks have achieved a record net profit of rs 1.98 lakh crore in fy 2025-26, marking their fourth consecutive year of strong financial performance. improved asset quality, robust credit growth, and increased income fueled this historic achiev
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Maruti Suzuki selects 6 start-ups to co-create new-age tech-based biz solutions

Maruti suzuki india has chosen six startups for its accelerator program. these companies will develop new technology solutions. the focus is on improving plant safety and efficiency. product development time will be reduced. material traceability will be s
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Bajaj Finserv to up mkt share despite competition, aims to serve every Indian household in 10 yrs: CMD

Bajaj finserv aims to expand its market share and reach every indian household within the next decade, leveraging india's economic growth and digital public infrastructure. the company, unfazed by competition, emphasizes innovation and a commitment to soci
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at risk

Microfinance has become a double-edged sword, with substantial debt levels amassing to about ?15,800 crore among borrowers juggling multiple loans. these individuals, often in over their heads, face the harsh reality of being ineligible for new loans. as t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in India

India’s cola war between reliance’s campa cola, coca-cola and pepsico is unexpectedly boosting sales of commercial refrigerators, as beverage giants aggressively install coolers across small retail stores to expand market share.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

SC refuses to reopen 2021 ruling exempting foreign software payments from royalty tax

The supreme court has once again dismissed the income tax department's review petitions concerning the taxation of software payments to non-residents. the court reiterated its march 2021 ruling that such payments are not royalty, as end-user licenses do no
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

RBI cancels licence of Mumbai-based Sarvodaya Co-operative Bank

The reserve bank of india has made the tough call to withdraw the license of sarvodaya co-operative bank, a decision rooted in the bank's failing capital and declining revenue capabilities. as of may 12, 2026, all banking activities will halt. in a bid to
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Rethinking ‘idle money’ in a rising rate environment

Indian savings accounts are evolving beyond mere transactional tools. with rising interest rates, institutions like idfc first bank are offering higher yields, challenging the traditional view of savings accounts as low-return options. this shift encourage
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

CMS Info Systems bags Rs 400 crore HDFC Bank ATM management mandate

Cms info systems has won a significant rs 400 crore contract with hdfc bank. the deal spans five years and involves managing 6,000 atms. cms will offer complete atm services, including cash management and ai-driven optimization. this partnership follows cm
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Gold loans power Small Finance Banks' growth as microfinance asset quality weakens

Small finance banks are shifting focus to secured loans like gold loans. this move aims to stabilize their financial health and earnings. the unsecured microfinance sector continues to face high bad loan ratios. this strategic pivot is happening as regulat
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Indian banks avoid fresh Gulf bets as Iran crisis drags on

Indian banks are pausing new business in gulf countries amid the iran crisis. lenders are closely watching existing ties to avoid financial trouble. state bank of india and punjab national bank are among those taking a cautious approach. this move aims to
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Indian banks need AI-led defence systems as Anthropic’s Mythos heightens cyber risks: Barclays

Indian banks must upgrade their technology. they need ai-powered defenses to fight new cyber attacks. outdated systems are vulnerable to advanced ai tools. modern warfare requires modern weapons. banks must use ai to protect themselves from ai-driven t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Bank of Baroda aims 10 per cent corporate growth in FY27, Rs 50,000 cr loans in pipeline

Bank of baroda plans a 10 percent expansion of its corporate lending by fy27. a rs 50,000 crore pipeline is in place, with significant demand for investment loans. the bank will focus on external benchmark lending rates to improve margins. deposit costs re
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Big banks urge RBI to rethink uniform forex exposure cap

In recent interactions with rbi, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged forex exposure, by linking an institution's nop to its size and flows, two bankers told et.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Toyota to build new 100,000-units-a-year car factory in Maharashtra

Toyota announced plans to construct a new 100,000-vehicles-a-year factory in maharashtra, slated to commence production in the first half of 2029. the facility, situated in the bidkin industrial area, will produce a new suv model and is expected to create
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Toyota to set up new vehicle manufacturing plant in Maharashtra, operations from 2029

Toyota kirloskar motor will establish a new vehicle manufacturing plant in maharashtra. operations are slated to begin in the first half of 2029. the facility will produce a new suv with an annual capacity of 100,000 vehicles. this expansion aims to boost
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEO

Indian bank's chief binod kumar expects interest rates to rise and net interest margins to fall as india develops. he plans to raise capital for expected credit loss norms and launch a wealth management business. the bank aims for strong growth in retail a
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Abler Nordic leads million infusion in Sindhuja Microcredit

Sindhuja microcredit has secured million in fresh funding from overseas investors abler nordic, gawa capital, and oikocredit. this capital infusion will bolster the company's financial standing and fuel its business expansion plans. the funds will be us
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Biocon arm gets Health Canada nod for fungal infection treatment injection

Biocon pharma ltd has secured health canada approval for its micafungin for injection. this medication targets serious fungal infections in adults and children. it will be used for conditions like candidemia and esophageal candidiasis. the approval also co
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Novartis expands India role in global drug development

Novartis is focusing on innovative medicines in india. the company is expanding its role in global drug development. early-stage research is now happening in india. novartis plans to launch more new medicines soon. this strategy reinforces its commitment t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Lord's Mark Industries Ltd. announces AI-supported Dialysis ecosystem launch

Lord's mark industries ltd. has launched an integrated dialysis ecosystem in ahmedabad, featuring the ai-driven renalyx machine. this ce-certified, india-engineered system, coupled with renalos and aureoon, offers a dialysis-as-a-service model. it aims to
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Online gaming companies seek a clear regulatory playfield

India's online gaming sector is approaching the ministry of electronics and information technology for guidance on new gaming rules. companies need operational clarity on classification, compliance and approval processes. the absence of phased implementati
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Tiny tales draw big bets from top film studios

Major production houses are exploring micro-drama format as a test bed for ip and branded content opportunities.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

India's Afcons emerges as successful bidder to construct railway line in Europe

Indian company afcons infrastructure ltd has secured a major railway project in croatia. this marks afcons' entry into europe and is its largest international order to date. the project involves reconstructing an existing track and building a second line.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

CIL's April coal auction quantity drops 6% vs March to 30.5 MT

Coal india limited offered 30.5 million tonnes of coal in april auctions. this marks a slight decrease from march. global energy prices are high due to west asia tensions. power plants are increasing coal use for energy security. coal india is also allowin
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Local legal eagles answer the 130-billion-dollar questions

Indian law firms are busier than ever, advising on thousands of deals worth billions. this activity spans mergers, private equity, and venture capital. lawyers anticipate continued momentum this fiscal year and the next. companies are using m&a for bus
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Ennismore opens first India hotel, targets travellers choosing experiences over goods

Ennismore, a global lifestyle hospitality company, has launched its first hotel in india. the roswyn property in mumbai offers 109 suites. this marks a significant entry into a market experiencing rapid growth. experts believe india is at an economic infle
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Govt mulls incentives to boost floating solar panel installation

India plans incentives for floating solar panels to spread renewable energy across the country. this aims to avoid concentration in a few states. the nation envisions significant renewable energy capacity and battery storage by 2050. efforts are underway t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Manipal Health acquires land, hospital in Mumbai’s Andheri for Rs 495 crore

Manipal health enterprises has made headlines by purchasing a hospital site in andheri, mumbai for rs 495 crore. this acquisition is a slice of a broader rs 908 crore deal, signaling a robust appetite for healthcare real estate among investors in major ind
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Nexus Trust may buy Galaxy's Guwahati project for ?1,300 crore

Nexus select trust is set to acquire a large mixed-use property in guwahati for ?1,300 crore. inorbit malls is also expanding its mall portfolio in tier-2 cities. developers are increasingly targeting these markets due to strong consumption growth and lowe
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Millenia WB Yield Fund commits Rs 41 crore for villa project in Hyderabad

Whiteboard advisory and management, along with casagrand, have secured sebi approval for a rs 500 crore fund. this capital will fuel growth for residential projects, with initial focus on chennai, bangalore, and hyderabad. the fund aims to deliver yield-ba
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data shows

A second qatari lng tanker, mihzem, is transiting the strait of hormuz to pakistan under an iran-approved deal, following the al kharaitiyat's passage. this arrangement, facilitated by pakistan's mediation role, allows qatari cargoes to cross the waterway
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

India to shrink zones around nuclear reactors to free up land, sources say

India plans to reduce exclusion zones around nuclear plants to free up land for expansions and attract private investment. this move, approved in principle by regulators, aims to cut land needs significantly, potentially allowing for greater nuclear capaci
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

India's 3rd semiconductor plant to start in July, 4th facility to be up by Nov-Dec: Vaishnaw

India's semiconductor mission is gaining momentum. two plants are operational, with two more set to begin production this july and later this year. the nation is also boosting data centers and ai manufacturing. this progress positions india to navigate glo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Iran-linked LPG tanker signals Indian ownership through Hormuz

An lpg carrier, the tara gas, previously involved with iranian cargoes, is transiting the strait of hormuz while declaring indian crew and ownership. the vessel, fully laden, is navigating a tehran-approved route, highlighting the complex measures ships ta
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Indian state oil refiners eye modest fuel price hike as losses mount

Indian state refiners anticipate a small rise in fuel prices soon. this move aims to balance losses from the ongoing persian gulf war and consumer needs. diesel and gasoline prices may increase by about 5 rupees per liter. this adjustment is necessary to o
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy

India's petroleum ministry confirms stable fuel supplies despite global energy challenges. crude oil inventories are secure, refineries operate at peak capacity, and no fuel shortages are reported nationwide. the government urges citizens to conserve fuel
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

India can't afford rising import dependence on edible oil: Industry body SEA on PM appeal

The solvent extractors’ association of india (sea) backed prime minister narendra modi’s appeal to reduce edible oil consumption, saying lower usage would help india curb import dependence, reduce vulnerability to global supply shocks and save foreign exch
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: Centre

India is launching a national mission to conserve fuel amid global energy market turmoil. the government assures citizens of robust energy security and ample reserves. this collective effort aims to ease the nation's financial burden from high internationa
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Maharashtra CM Fadnavis urges citizens to follow PM Modi's call for responsible fuel use amid West Asia crisis

Maharashtra chief minister devendra fadnavis supports prime minister narendra modi's call for responsible consumption. global conflicts are impacting oil and gas supplies, raising prices. fadnavis warns that improper fuel use could lead to shortages in ind
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

After PM Modi’s WFH appeal, Nitin Gadkari has this message for Indians to save fuel amid Iran war

Amid escalating middle east tensions, prime minister modi urged citizens to conserve fuel by reducing petrol and diesel consumption, promoting work-from-home, public transport, and carpooling. he also advised against non-essential foreign travel and gold p
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Tata Consumer banks on strong brands, selective price hikes to fuel double-digit growth

Tata consumer products is set for strong growth by 2027. the company will use its popular brands and varied products to achieve this. smart price adjustments will help manage rising costs. easing coffee prices and stable tea costs also support this posit
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Wingreens World goes for Safe Harvest via share-swap route

Wingreens world has acquired safe harvest in a share swap deal, marking wingreens' fifth acquisition. the company also secured over ?120 crore in series d funding. wingreens is working towards a public listing in two years. recent months have seen signific
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

PM Modi's appeal to postpone gold buying could hurt jewellery industry, says GJC

The gems and jewellery sector anticipates challenges following prime minister narendra modi's call to delay gold purchases. industry leaders suggest unlocking existing household gold through a gold monetisation scheme. this approach could reduce imports an
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Brazil's Embraer names Bharat Forge as supplier for forged raw materials

Brazilian aerospace giant embraer has signed its first forged raw material supply contract with indian firm bharat forge limited. this agreement marks a significant step in embraer's supply chain diversification strategy, aiming to enhance resilience and c
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Bullet trains will wipe out short-haul flights, Ashwini Vaishnaw warns airline investors

India's new high-speed rail network will significantly impact short-haul flights. railways minister ashwini vaishnaw stated that routes like mumbai-pune and hyderabad-bengaluru will be dominated by trains. travel times will drastically reduce, making air t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

Nitin Gadkari launches no-stop toll system on UER-II; How does the 'Free Flow' tolling work and how will it help Delhi commuters?

Union minister nitin gadkari has inaugurated multi-lane free flow (mlff) tolling at the mundka-bakkarwala plaza on delhi’s urban extension road-ii (uer-ii). the new system allows vehicles to pass through without stopping, promising faster travel, reduced c
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

India clears path for big funds to bid directly for road projects

India has opened the door for pension and sovereign wealth funds to directly bid on greenfield toll-road projects, aiming to boost private investment in infrastructure. this move relaxes eligibility norms for build-operate-transfer projects, allowing insti
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-11

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