Industry India NEWS. Stock Market NEWS Updated Daily

Industry India NEWS. Stock Market NEWS Updated Daily

Nifty Wed 10 June 2026

Close: 23214.95
Open: 23233.95
High: 23425.35
Low: 23184.60
Prev: 23242.10

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Industry India NEWS. Stock Market NEWS Updated Daily

Credit guarantee scheme for MFIs still stuck in low gear

Banks have received an aggregate loan demand of rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. while the credit guarantee provides 70-80% default coverage, its rigid caps on bank lending rates and strict margin rules
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

An Indian gold firm allegedly inflated revenue by 9 billion using its Swiss unit

Indian investigators allege rajesh exports overstated its swiss unit valcambi's revenue by a staggering 9 billion. sebi's preliminary findings also point to missing documentation for african mine investments and fictitious trades. the company denies wro
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Rajesh Exports likely to lose PLI beneficiary status, face MCA probe

Rajesh exports faces potential removal from a government battery production incentive scheme. the corporate affairs ministry is considering a probe into the company's financial reporting. this follows a securities and exchange board of india order flagging
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

India gold prices soar 4.1% in May despite decline in global prices: World Gold Council

Indian gold prices saw a notable increase in may, defying global trends. this rise occurred even as international gold prices dipped. local currency weakness and policy adjustments contributed to the gains. the world gold council report highlights india's
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Inside Samsung's strategy to own every tier of the Smart appliance market

Samsung's new bespoke ai refrigerator range targets india's growing premium appliance market with a three-tiered strategy. from practical double door models for everyday households to advanced french door units acting as kitchen hubs, each segment integrat
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

AirTrunk announces billion investment in India for data centers

Airtrunk plans a massive billion investment to build 5 gigawatts of data center capacity in india by 2030. this significant investment aligns with india's digital infrastructure goals. the company's ceo met with prime minister modi, highlighting india'
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Blackstone-backed AirTrunk to invest billion in India, develop 5 GW data centre capacity by 2030

Airtrunk plans a massive investment of over 3 lakh crore rupees in india by 2030. this will develop more than 5 gigawatts of digital infrastructure capacity. the investment, backed by blackstone and cppib, aims to support india's growing cloud and artifici
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Oil India reports natural gas presence in second Andaman offshore well

Oil india limited has found natural gas in its third exploratory well in the andaman offshore block. this is the second well in the block to confirm hydrocarbon presence. the discovery is a positive indicator for future exploration in the area. oil is curr
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

India set to hike biogas prices, subsidies under new program

India is launching a new program to significantly increase compressed biogas production. higher guaranteed purchase prices and subsidies will encourage new plant development. this initiative aims to reduce carbon emissions and reliance on imported fossil f
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh Puri

India is looking to deepen its energy partnership with venezuela, with indian companies expressing readiness to expand their presence. this move is part of india's strategy to diversify energy sources amid disruptions to global oil supplies caused by the w
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

India to launch E85 fuel today in push for flex fuel mobility

India is launching e85 fuel on friday. this is an 80-85% ethanol-blended petrol. the move aims to boost flex fuel mobility across the nation. minister hardeep singh puri will attend the launch event in new delhi. automakers like maruti suzuki and hero moto
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

'Kudankulam Nuclear Power Plant now being constructed': Vladimir Putin sees India-Russia trade reaching USD 100 billion

Speaking on the sidelines of the st petersburg international economic forum on thursday (local time) putin said moscow and new delhi were aiming for more ambitious economic targets as trade between the two nations continues to grow. "we are not only talkin
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Stable home loan interest rate to sustain housing demand: Industry bodies CREDAI, NAREDCO

The rbi has kept the repo rate steady at 5.25 percent. real estate industry bodies credai and naredco welcomed this move on friday. they believe stable interest rates will support housing demand. this decision offers predictability for developers and homeb
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Terra Grande to launch three luxury second-home projects in next 12 months

Terra grande, a luxury second-home brand, is expanding its portfolio. three new projects are planned within the next year. these developments will be in kasauli, near rishikesh, and sirmaur. the company is also continuing its ongoing projects. these combin
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

FEMA case against Myntra closed following compounding: ED

Myntra's foreign exchange violation probe has concluded after the rbi issued a compounding order. the enforcement directorate gave its no objection, allowing the e-commerce platform to settle alleged fema contraventions involving over rs 45 crore with a on
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

India joins elite heavy-haul railway club, targets lower logistical costs: DFCCIL MD

India now operates heavy-haul freight railways, joining a select global group. the nation is adopting advanced technologies and global best practices to boost safety and efficiency in freight operations. this initiative aims to significantly lower india's
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

IRCTC cracks down on fake accounts, expands AI surveillance in kitchens

Irctc has deactivated millions of suspicious user ids to combat fraudulent train ticket bookings. this move addresses passenger concerns about ticket availability. simultaneously, artificial intelligence is now monitoring over 800 railway kitchens. smar
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Tata Communications reports fire at Delhi facility, no casualties

A fire broke out early friday at a company operating from tata communications' leased premises in new delhi's greater kailash-i. firefighters brought the blaze under control. no lives were lost. tata communications has activated its business continuity pla
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Airbus delays XLR deliveries to IndiGo as war hits supply chain

Airbus faces delays in delivering its a321xlr jets. indian airline indigo is unlikely to receive its full order this year. the middle east war is cited as a reason for supply chain disruptions. indigo is negotiating for better delivery slots. these delays
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

Parimatch probe takes ED to Zepto's doorstep

The enforcement directorate is investigating offshore betting platform parimatch. the agency has questioned quick commerce app zepto regarding its promotional campaigns for the banned betting app. investigators found parimatch used zepto's delivery flyer
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-05

RBI clears Myntra's FEMA violations after penalty payment; ED closes investigation

The reserve bank of india has closed an enforcement directorate investigation into myntra designs private limited. this action follows the rbi compounding certain foreign exchange management act violations. the company faced allegations of delays in submit
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flights

Indians are not cancelling summer holidays despite higher costs and fewer flights. many are choosing domestic trips or nearby international destinations. travel to europe and the us is down. short-haul destinations like vietnam and sri lanka are popular. b
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Why Amazon has struggled to crack India

Amazon's india strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. this shift comes as local competitors like flipkart and reliance retail gain significant ground. amazon faces challenges adapting to indi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

SAS Mumbai comeback hits turbulence as inaugural flight turns back to Copenhagen

Sas's return flight to india faced a setback. the inaugural copenhagen to mumbai flight turned back mid-air. this happened because final regulatory approval was not received as expected. sas is working to resolve the issue. the airline expects to start ser
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Texmaco, Touax and TrinityRail form railcar leasing venture in India

A new partnership is set to boost railcar leasing in india. touax group and trinityrail global inc are joining forces with texmaco rail & engineering ltd. this collaboration aims to offer advanced railcar designs and leasing solutions. it will combine
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

West Bengal eyes new deep-seaport in Dadanpatra; Kolkata to enter water metro grid

West bengal will establish a new deep seaport in east midnapore district. the state government will provide 1700 acres for this project. kolkata will also be integrated into india's water metro network. this makes it the 18th city to join the urban water t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Air India, Riyadh Air ink initial pact for codeshare partnership

Air india and saudi arabia's riyadh air have signed an initial agreement. this partnership will offer seamless travel connections between india, saudi arabia, and beyond. customers can expect a single booking and smoother onward journeys. the collaboration
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Delhi airport warns of weather disruptions; IndiGo, Air India advise passengers to check flight status

Indira gandhi international airport in delhi has alerted passengers about potential flight disruptions. inclement weather has led major airlines like indigo, air india, and spicejet to issue travel advisories. flyers are urged to check their flight status
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

IndiGo suspends flights to 6 international destinations: Is your dream holiday affected? Check full list

Indigo international flights suspended: indigo has temporarily suspended flights to six international destinations, including hong kong and krabi, from july 1 to september 30. this strategic move is attributed to traditionally softer demand in the upcoming
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Voda Idea launches silent mobile verification for its subscribers using Meta platforms

Vodafone idea has introduced silent mobile verification for its users on whatsapp, facebook, and instagram. this technology allows for password-less digital experiences. it verifies mobile numbers in the background without manual steps. vi users will benef
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Telcos urge TRAI to regulate OTT apps as spam shifts online

Telecom firms report most spam now bypasses regulations via internet apps. they urge the regulator to bring these platforms under control. ott providers counter that their oversight falls under a different ministry. discussions are ongoing regarding new ru
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Tata Motors Passenger Vehicles should aim for over 20% market share by 2030: Chairman

With its sights firmly set on claiming more than 20 percent of the market by 2030, tata motors passenger vehicles is poised to invest rs 35,000 crore in innovative product development. as a frontrunner in the electric vehicle arena, the company believes th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security

Maruti suzuki has launched india's first flex-fuel passenger car, the wagon r. this move aims to significantly cut crude oil imports and lower carbon emissions. the technology supports farmers and rural communities, linking agriculture with clean mobility.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Maruti unveils India's first flex-fuel car: What is a flex fuel vehicle? How does it work? Will it cut your fuel bill? Here's all

Maruti suzuki has introduced india's first flex-fuel passenger car. this technology allows vehicles to run on petrol or petrol-ethanol blends. it is seen as a significant step towards reducing crude oil imports. the move also aims to lower carbon emissions
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Goldman Sachs India global centre chief Gunjan Samtani to retire by end of 2026

Gunjan samtani, co-chairman of goldman sachs india and head of its india global center, will retire by year-end after 16 years. ken castelino and balaji sivasubramanian have been appointed as co-heads to succeed him, overseeing the bank's tech and operatio
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27

Central bank of india plans significant recovery from bad loans exceeding rs 3,500 crore in fy27. the bank will also introduce wealth management and credit card services in the latter half of the current fiscal year. development of cash management services
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

PwC finds accounting lapses in IndusInd treasury operations

A confidential pwc review of indusind bank's treasury operations revealed significant accounting irregularities. manual entries were used to mask over ?2,200 crore in trading losses, inflating profits and assets by ?1,817.58 crore. the report highlighted a
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Microfinance NPAs may edge up in FY27 as write-off practices normalise: CareEdge

Forecasts for fy27 suggest a modest rise in bad loans for microfinance institutions, a development stemming from the adjustments following the post-pandemic surge. the upcoming fy26 is predicted to offer some respite through accelerated write-offs, yet len
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Toyota Innova Crysta 2026 launched with new upgrades: Check variant-wise prices, features and other details

Toyota kirloskar motor has launched the updated 2026 innova crysta in india, featuring cosmetic and feature enhancements. this likely marks the final major refresh for the model before its discontinuation around 2027. the updated mpv starts at rs 19.72 lak
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Tamil Nadu: 3 lakh students apply for engg course, AICTE yet to approve counselling dates

In tamil nadu, a surge of nearly 300,000 students has signed up for engineering programs, highlighting the growing interest in technical education. although the aicte is yet to announce specific counselling dates, the directorate of technical education ant
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

AI, quick commerce are reshaping how India spends on advertising: WPP Media's Prasanth Kumar

India's advertising market will grow in 2026. marketers face unprecedented volatility, juggling many challenges. despite global tensions and inflation, the outlook remains positive. new platforms and ai are changing the advertising landscape. brands focus
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin Gadkari

India is launching a pilot project for hydrogen-powered buses and trucks on ten roads. major companies like reliance and tata are partnering in this initiative. the country aims to become an energy exporter, moving beyond imports. this marks a significant
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Hyundai Motors, Tamil Nadu govt join hands to build EV manufacturing, skill hub

Hyundai motor india limited is collaborating with the tamil nadu government to transform the region into india’s foremost electric vehicle center. this initiative will also introduce a skill development program aimed at enhancing job prospects for the stat
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Hyundai Motor India to roll out its first mass-market EV from Chennai facility this year

This year, hyundai motor india will unveil two innovative vehicle models sourced from its chennai plant, featuring the company’s first budget-friendly electric vehicle designed for the masses. committed to turning tamil nadu into its electric vehicle headq
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

India's tougher grid rules unsettle investors, test clean energy ambitions

India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. this comes as india aims to significantly expand its renewable energy capacity. investors warn this
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

India crosses 41 lakh household-mark under rooftop solar scheme, to touch 75 lakh in Dec: Joshi

India is set to reach 75 lakh rooftop solar households by december under the pm surya ghar muft bijli yojana, a significant jump from the current 41 lakh. the scheme, launched in february 2024, aims to install rooftop solar on one crore households, providi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

DDA extends last date of booking under its Towering Heights residential scheme

The delhi development authority has extended the booking period for its 'dda towering heights' housing scheme in karkardooma, east delhi, until june 30. this extension offers a further chance for individual buyers and government agencies to purchase flats
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Manipal Health picks up hospital building in Bengaluru through 30-year lease

Manipal health enterprises has secured a large hospital building in bengaluru's yelahanka area. the lease spans nearly 30 years, with total rental payments projected at over rs 816 crore. this move signifies the hospital chain's ongoing expansion across ma
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Indian corporations poised to become large brand owners in US: Oyo founder Ritesh Agarwal

Indian companies are poised to become significant brand owners in the united states. this shift will enhance india's global influence beyond bollywood and it. technology is a key driver for this expansion. ritesh agarwal, founder of oyo-parent firm prism,
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Pahlaj Nihalani, producer and former CBFC chief, dies at 76

Veteran producer and former central board of film certification chairperson pahlaj nihalani has died. nihalani began his career in 1982 and is credited with launching the careers of actors govinda and chunky panday. his tenure as cbfc chief from 2015 to 20
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Exit Ranveer, enter a clearer picture for artist exit

Ranveer singh stepping away from don 3 highlights the persistent contractual challenges within bollywood. legal experts advocate for more explicit exit conditions in film contracts, which could minimise conflict and provide transparency for both filmmakers
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Warburg, KKR, TPG among PE giants vying for 25% stake in Cloudnine

Global private equity giants, including warburg pincus and kkr, are vying for a 25% stake in india's largest maternity and pediatric hospital chain, cloudnine. the deal is expected to value the company at approximately billion, with existing investor tr
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

PE wars to billion-dollar IPO dreams, hospital sector is fighting fit

Major private equity firms are vying for a stake in cloudnine, a leading maternity and paediatric care chain. this intense competition highlights strong investor confidence in india's healthcare sector. the industry is entering a new growth phase driven by
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Tamil Nadu signs Rs 18,600 crore MoU with Larsen & Toubro for data centre, shipbuilding projects

Tamil nadu chief minister v joseph vijay witnessed a significant mou signing. larsen & toubro limited will invest rs 18,600 crore in three major projects. these projects will boost data centres, electronics manufacturing, and shipbuilding. around 8,200
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources say

India's ministry of mines is preparing to introduce a new policy. this policy will offer incentives for processing lithium and nickel. the initiative has an estimated outlay of 30 billion rupees. this move is crucial for india's electric vehicle goals. the
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Hindalco eyes Rs 1,000 crore revenue by FY29 with Eternia experience centre

Hindalco industries is targeting rs 1,000 crore revenue by fiscal year 2029. this ambitious goal is driven by its eternia brand, a fast-growing player in system aluminium windows. the company is expanding its partner network and manufacturing capabilities.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Vedanta says no penalty, restrictions imposed after ED searches

India's financial crime-fighting agency searched vedanta group locations. the company stated no penalty or restriction has been imposed. vedanta is cooperating with the foreign exchange law probe. operations and financial activities remain unaffected. the
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Fire breaks out at Tata Steel's United Kingdom plant

A fire erupted at tata steel's port talbot plant in the uk. emergency services responded swiftly to the incident. all personnel were safely evacuated from the site. the fire occurred at a processing line. tata steel is transitioning to a low-carbon steel-m
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

India's ageing ammonia plants need upgradation, says industry body FAI

India's fertiliser sector faces a challenge with its heavy reliance on imported natural gas. the fertiliser association of india is urging for improved efficiency and new technology in ammonia production. this is crucial for strengthening domestic fertilis
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

Grest becomes first private firm to join govt IMEI verification platform

Grest, a refurbished electronics platform, has partnered with c-dot for the sanchar saathi initiative. this integration allows real-time verification of device authenticity against a government imei database. grest is the first private company to go live o
Tag: Industry India    Source: indiatimes.com   Dated: 2026-06-04

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