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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

Funds for rural housing scheme okayed till September

The finance ministry has approved the release of funds for six more months through september 2024 under the indian government's flagship housing scheme, pradhan mantri awaas yojana-gramin (pmay-g). the move aims to complete about 3.5 million rural houses,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

US, European buyers begin asking for source of Indian diamond exports

Indian diamond exporters struggle with rising demands for source declarations from us and europe, impacting market and exports. geopolitical tensions add complexity, urging government intervention for resolution and overcoming payment delays from us banks.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Fairfax arm infuses Rs 500 crore into IIFL Finance: Sources

Fairfax's odyssey reinsurance offers rs 500 crore debt to iifl finance for gold loans. prem watsa's subsidiary provides secured, rated bonds at 9.5% coupon. et's comment requests to iifl finance and fairfax go unanswered.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

GAIL plans to double capacity at its Dabhol LNG terminal

Gail plans to increase dabhol lng terminal capacity to 12 mtpa by 2030 to meet rising gas demand. the government aims for 15% natural gas share by 2030, leading to potential growth in lng terminals. the dabhol terminal has a nameplate capacity of 5 mtpa b
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

With just Rs 150 base airfare, take a 50-minute flight

According to an analysis shared by travel portal ixigo with pti, there are at least 22 routes where the base airfares are less than rs 1,000 per person, with the lowest being rs 150 for flights connecting lilabari and tezpur in assam. the cheapest one way
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Royal Phillips to expand its Healthcare Innovation Centre in Pune

Royal philips expands its pune healthcare innovation centre, integrating r&d teams for various businesses. the new facility promotes sustainability and innovation, aiming to enhance patient and staff experiences while reducing the cost of care.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Varthana Finance secures mn debt from BlueOrchard Finance

Bengaluru-based varthana finance, backed by chryscapital, secures million in debt from blueorchard finance, a global impact investor. varthana specializes in providing loans to affordable private schools and students to improve access to quality educat
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Bank of India partners with IMGC for mortgage guarantee-backed products

Bank of india and india mortgage guarantee corporation (imgc) have joined forces to introduce mortgage guarantee-backed home loan products, targeting both salaried and self-employed individuals in the affordable housing sector. with imgc's extensive branch
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Ramkrishna Forgings secures Rs 270 crore order for Vande Bharat trains

Ramkrishna forgings ltd to supply 1,024 bogie frames for 32 sleeper vande bharat train sets to bhel trsl consortium, supporting make in india and showcasing global presence.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Power Min asks imported coal-based plants to run at full capacity till Oct 15

The ministry of power has instructed all thermal plants using imported coal to operate at full capacity until october 15 to prevent electricity shortages amid surging demand. with the summer season projecting a peak power demand of 260 gw, the move aims to
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

UP Board Result Date 2024 Live Updates: UPMSP Class 10th, 12th results expected soon, Here's how to check it

Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Brigade Group to invest ₹400 crore to develop office space in Chennai

Brigade enterprises limited has partnered with agni estates for brigade tech boulevard, a grade a office project in chennai. the firm plans significant office and retail developments, aiming for sustainability and quality, with a focus on revenue growth an
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Vodafone Idea allocates Rs 5,720 crore for 5G from FPO proceeds, but overall capex to be far higher

Cash-strapped telco vodafone idea allocated rs 5,720 crore for 5g rollout, aiming to cover 40% of revenue base in 24-30 months. it plans to strengthen 4g network, convert 2g users to 4g for arpu growth. voda idea has launched india's largest fpo to raise r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Ola reduces prices of S1X variants, cheapest scooter to now come at Rs 69,999

Ola electric slashes s1x variant prices with the cheapest model now at rs 69,999. various models available with different kwh variants. deliveries starting next week. extended battery warranty introduced across the lineup.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Vodafone Idea expects 5G rollout in 6-9 months after FPO

Vodafone idea plans 5g launch post rs 18,000 crore fpo, targeting 40% revenue base coverage in 24-30 months. rs 5,720 crore allocated for testing and vendor conversations. challenges faced due to fund shortage.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Adani's Ambuja Cements to buy My Home Group's grinding unit in TN for Rs 413.75 crore

Ambuja cements, part of the adani group, is set to acquire my home group's tuticorin cement grinding unit in tamil nadu for rs 413.75 crore. the deal enhances their coastal presence in southern markets, adding 1.5 mtpa capacity and leveraging existing infr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Tesla scouting for its first India showroom locations in these cities

Tesla plans to open showrooms in new delhi and mumbai, india, aiming for 3,000 to 5,000 square feet outlets with service hubs. production in germany for india export. meeting with modi anticipated during india visit.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

India's passenger EV market will hot up in next 3-4 years; Tesla, Maruti may shake up Tata's dominance

This ev surge in ev sales can be can be attributed to factors like, government incentive schemes like plis, infrastructure development like more ev charging points, increasing urban consumer interest, and government push to meet green target.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Mahindra arm forays into hybrid renewables segment with a Rs 1,200 crore project

Mahindra group ventures into hybrid renewable energy with a rs 1,200 crore investment in a solar and wind project, partnering with ontario teachers' pension plan board. mahindra susten will develop the project, comprising 101 mw wind and 52 mw solar capaci
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

India's steelmakers fall short of investment target due to delays linked to China

Indian steelmakers missed investment target for fiscal year 2024 due to delays in importing machinery from china and securing visas for chinese experts, impacting capacity expansion in the second-biggest crude steel producer.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Housing market continues to defy higher mortgage rates, property prices

Despite higher mortgage rates and rising prices, india's residential property market is thriving. the first quarter of the year saw record-breaking sales, with 74,486 apartments sold in the top seven markets. mumbai, bengaluru, and pune led the way, with s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Iran-Israel conflict: Shipping industry set for tougher times ahead due to West Asia tensions, say experts

Iran's escalated tensions with israel through a drone and missile attack have raised concerns in the global maritime industry, causing supply chain disruptions and potential shipping route blockages. the possibility of a persian gulf shutdown looms, impact
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

India consumer firms gear up to cash in on a sizzling summer

India expects 10 to 20 heatwave days, which it describes as temperatures hitting at least 40 degree celsius in the plains, from april through june this year, versus the normal four to eight days. already temperatures have crossed 40 degrees in a few cities
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

India rubbishes Lancet report, says spending on healthcare is at all-time high

A recent lancet report highlighted india's healthcare spending low at 1.2% of gdp, but government sources defended increased investments. the health ministry aims to reach 2.5% by 2025, with budgets rising significantly. flagship initiatives like ayushman
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

'IITs are just schools': IIT Bombay student's rant goes viral amid placement woes

A first-year student at iit bombay's reddit post criticising teaching methods sparked debate, questioning the institute's reputed status as an educational pinnacle. expressing disillusionment, the student highlighted subjective grading and a disparity betw
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

IIT alumnus shares six key tips for sure shot success in JEE entrance exams: Check if you are preparing right

Umesh jakhar, an iit kharagpur alumnus, shares six crucial tips on linkedin to crack the challenging iit entrance exam. his advice emphasizes short-term goals, focused study sessions, ergonomic setups, traditional textbooks, seeking guidance from seniors,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Iran Israel crisis: How airlines are scrambling to keep flights safer, shorter and cheaper

In response to the iran-israel conflict, air india has adjusted its flight operations, including suspending flights to and from tel aviv and altering long-haul flight timings. pilots have reported gps signal issues, leading to frequent route adjustments. o
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Pvt equity investment in real estate dips 16 pc last fiscal to USD 3.67 bn: Anarock

Private equity funding in india's real estate sector dropped by 16% to usd 3.67 billion in the last fiscal year, according to anarock. the decline is attributed to reduced interest from foreign investors due to global economic and geopolitical uncertaintie
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Govt to soon change this toll gate rule on highways: Here's the visible difference you may witness

The government is considering removing large hoardings at nh toll plazas, aiming to eliminate vip culture. the proposal emerged in a recent meeting and could become a priority. advocates argue that the hoardings are unnecessary as the government has provid
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Southeast Asia 'woefully off track' on green investment, Bain says

Bain & company's report highlights south east asia's inadequate green investments leading to rising emissions. urgent actions needed to tackle fossil fuel reliance, increase clean energy, and implement carbon pricing for sustainable growth.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Amarnath Yatra 2024 Dates Announced: Here's how and where to register, routes, registration process, documents needed, do's & dont's

The shri amarnath shrine board (sasb) has announced the schedule for the annual amarnath yatra, commencing on june 29 and concluding on august 19. registration, starting april 15, requires a compulsory health certificate (chc) and costs rs 150 per person.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Delhi Airport's plan to convert Terminal 2 to international terminal delayed to early next year

The proposed conversion of delhi's indira gandhi international airport terminal 2 into an all-international terminal has been postponed to early next year, citing challenges faced during the winter season. terminal 1's expansion is expected to be operation
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

NFRA takes action against auditors of Reliance Capital for lapses and fraud

Nfra has penalized pathak hd & associates, and banned its partners, in reliance capital case after lapses in statutory duties and ethical violations were noted.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

SC to examine validity of Rs 33,000 crore I-T claim on Jaypee Infra

The supreme court will review the validity of the income-tax commissioner's assessment of jaypee infratech ltd (jil), which raised a claim of ₹33,000 crore. the court has requested the central board of direct taxes to examine the order and file an affida
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Jewellery chains take a shine to malls as buyers go for brands

Jewellery shops are becoming a prominent feature in shopping malls in india, as consumers shift towards established retailers. each mall now has about 8-10 jewellery stores, occupying nearly 5% of total mall space, up from just 1% two years ago. the organi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Govt raises windfall tax on petroleum crude

The government had previously raised the windfall tax on petroleum crude to 6,800 rupees per metric ton from 4,900 rupees on april 4.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

CG Group has plans to list hotel business in next few years

Cg group's cg hospitality global and the fern brand aim for gradual public launch. expansion strategies include ebitda growth, strategic investor involvement, ipo launch, the farm introduction, taj properties, a dubai hotel, safari lodge expansion.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Kotak Mahindra customers face troubles as bank servers get impacted

Kotak mahindra bank customers on monday reported difficulties accessing services due to problems with the system at the private sector lender. the lender's customers started facing difficulties in completing transactions like upi payments, money withdrawal
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Bankruptcy court disposes off insolvency applications against Mumbai Metro One

Mumbai metro one was the first metro project awarded in the country on a public-private partnership (ppp) basis and entails the design, financing, construction, operation and maintenance of about 12 km elevated metro operating between versova and ghatkopar
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

DoT releases application schedule for 2024 spectrum auctions

The last date for submitting bid applications has been moved by 15 days to may 6, as per the notification released by the department of telecommunications (dot) of monday.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

RBI imposes restrictions on Pratapgarh-based National Urban Co-op Bank

The rbi on monday imposed several restrictions on national urban co-operative bank ltd, pratapgarh (uttar pradesh), including capping withdrawal at rs 10,000 for customers, in the wake of the lender's deteriorating financial situation. the eligible deposit
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Regulated entities bound by terms of loan share as 'key facts statement': RBI

The banking regulator has directed regulated entities (re) to issue kfs to retail borrowers and small businessmen, effective october 1, 2024. kfs is aimed to help borrowers take an informed view before executing a loan document.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Lighthouse Funds invests Rs 700 crore in FMCG contract manufacturer Parsons Nutritionals

Private equity fund lighthouse funds has invested rs 700 crore in parsons nutritionals, a contract manufacturer of cookies, chocolates, confectionery, malted beverages, and ready-drink mixes. the investment, part of lighthouse's fourth private equity fund,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Flight landed with 1-2 mins of holding fuel: Delhi police officer; IndiGo says plane had enough fuel

Indigo, in a statement on monday, said the flight was diverted to chandigarh due to bad weather in delhi and that the captain executed a go-around which is in line with the standard operating procedure (sop).
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Mumbai airport runways to be closed for six hours on May 9, here's why

Part of chhatrapati shivaji maharaj international airport's (csmia) monsoon preparedness strategy, the primary runway 09/27 and the secondary runway 14/32 will be temporarily non-operational on this day for maintenance and repair purposes, according to mia
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Senior citizen term deposits accounts double in 5 years

The average ticket size per deposit rose 39% to rs 4.6 lakh in fy24 as against rs 3.3 lakh five years ago.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Wellknown Polyester’s CMD buys two luxury apartments in Malabar Hill for Rs 270 cr

The transaction values the apartment at rs 1.41 lakh per sq ft. the buyers have paid over rs 16.20 crore as stamp duty alone for the registration of the deals that took place on friday, showed the documents accessed through indextap.com.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Jio Financial and Blackrock form JV to set up wealth management and broking business

Jio financial services and blackrock signed an agreement to form a 50:50 joint venture for the purpose of undertaking wealth business including incorporation of a wealth management company and subsequent incorporation of a brokerage company in india.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Modi's train to victory? Why speed matters for the voters

The bullet train is a symbol of an india that has arrived, and fast. that's why the bjp has raised the bet on the bullet train by announcing in its election manifesto, titled sankalp patra, more bullet trains.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Miraj Entertainment inks strategic partnership with IMAX

Under the deal, the mumbai system will be located in the former iconic imax wadala, which was the first imax location to open in india in 2003, until its closure in 2023.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Vedanta secures 11-year Rs 3,900 cr loan from PFC

The group plans to increase the operating capacity of its power business in india to 4.8 gw by fy27, sources with knowledge of the matter said. the latest financing follows vedanta group's takeover of meenakshi energy ltd on december 28 in an nclt-driven i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

India's engineering exports edge up to USD 109 bn in FY24 despite geo-political tensions

India's engineering exports edged up to usd 109 billion in 2023-24 despite a slowdown in some of the major global markets amid geo-political tensions, eepc said on monday. india's engineering exports are competitive globally and expected to gain further ma
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

ET exclusive: Tata Electronics seals semicon deal with Tesla

The us-based electric vehicle (ev) major is keen to enter india, the world’s fastest-expanding major automotive market. tesla promoter elon musk is reportedly visiting india this month for a meeting with prime minister narendra modi. musk is expected to
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Iran-Israel conflict: Fuel prices may not rise in poll season

Irrespective of the volatility in global oil prices, domestic retail prices of petrol, diesel and cooking gas are unlikely to rise for the next two months due to elections, industry executives said.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Chrys Capital looks to sell GeBBS at b valuation

Chryscapital, the largest homegrown pe fund, is looking to sell gebbs healthcare solutions, about six years after acquiring the los angelesbased healthcare business process outsourcing (bpo) company, said multiple people aware of the development. a potenti
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Disney Star reworks ad rates for T20 World Cup

On tv, the broadcaster is seeking ad rates of over rs 6.2 lakh per 10-second spot from sponsors and rs 6.4 lakh per 10-second spot from spot buyers. for just india and playoff matches, the 10-second rate goes up to rs 35 lakh and rs 18 lakh on mobile and c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Thai ties in mind, currency deal may help popularise the Rupee

How about leaving a tip in rupees at a beach bar in pattaya or a spa in bangkok? well, that could be a reality if india can pull off a currency deal with thailand, which has emerged as one of the preferred destinations for holidays, conferences and corpora
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Finmin pitches for enhanced KYC, due diligence for merchants, business correspondents

Finance ministry stresses rigorous kyc and due diligence to prevent financial frauds, focusing on data security, safeguarding the financial ecosystem, and blocking fraudulent micro atms. recommendations were discussed at an inter-ministerial meeting.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

Indus Towers may benefit if Vi gets money and invests: Analysts

Cash-strapped vi said it will open a sale of new shares on april 18 and close on april 22 to raise up to ₹18,000 crore. this will be closely followed by a ₹25,000-crore fundraising via debt. the company has already approved raising ₹2,075 crore from
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

BDO India may set up GCC through a joint venture in Noida

The global capability centre (gcc), which will be set up in noida, will look to recruit up to 5,000 people within the next 3-4 years, marking the latest instance of professional services firms establishing or expanding capability centres in india.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-15

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