Industry India NEWS. Stock Market NEWS Updated Daily
Industry India NEWS. Stock Market NEWS Updated Daily
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Industry India NEWS. Stock Market NEWS Updated Daily
RP sets date for second bidding for KSK Mahanadi resolution
Resolution professional sets new eoi date for ksk mahanadi power after failed takeover bids. debts, creditor details, and twists in resolution process highlighted. concerns over supporting companies' value addressed by nclt.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-15
India's pharma exports to US surge 15% in 11 months of FY24
The pace of exports has more than doubled from the 6.18% growth in the same period of fy23, according to estimates by pharmaceutical export promotion council (pharmexcil).
Tag: Industry India Source: indiatimes.com Dated: 2024-04-15
Your household shopping bill may not come down soon
Most consumer goods companies raised prices by more than a quarter in the past two years to offset rising costs under heads such as raw materials, supply chain and energy.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-15
Inditex to launch Bershka and Zara Home in India this year
Inditex had launched fast fashion brand zara in 2010 and premium clothing brand massimo dutti eight years ago. its new offering, bershka, will pitch it directly against reliance retail's yousta, which too targets the younger consumer segment.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-15
Design-driven demand: Global architects sought in India's luxury real estate
Singapore's andy fisher workshop, eco-id architects, hba designs, new york's kpf and lera consultants, hong kong's ptang studio, uha london, and global firm benoy are among the architects engaged in multiple residential projects across delhi-ncr, mumbai, b
Tag: Industry India Source: indiatimes.com Dated: 2024-04-15
RIL and Nayara now sell a 4th of India's bulk diesel
Ril had 14.8% share in direct or bulk sales of diesel in march, up from 13.3% a year ago and 9.3% in the corresponding month of 2021, according to industry data. nayara energy's share increased to 10.9% in march from 8.7% a year ago and 2.6% in 2021. toget
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
'Commercial ACs have significant growth potential'
the commercial (heating, ventilation, and air conditioning) segment is witnessing a shift with its wide array of applications, with infrastructure growth including offices, retail spaces, healthcare facilities, hospitality establishments, and educati
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Retail buying in Asia including India fuels gold price momentum: Goldman Sachs
The report underscores the significant role played by new incremental factors, particularly the surge in accumulation by central banks in emerging markets (em) and increased retail buying in asian markets including india have led to an increase in gold pri
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Air India temporarily suspends flights to Tel Aviv amid escalating tensions
Air india typically operates four weekly flights between the indian capital and the israeli city. the decision to suspend these flights comes amid the current situation.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Leasing of lithium-ion batteries for 3-wheelers to be rolled out soon in Kolkata
On the streets of kolkata and surrounding areas, e-rickshaws, popularly known as 'toto', are set to be powered by lithium-ion batteries with the rolling out of a battery leasing model, officials said on sunday. neuron energy, a lithium-ion battery maker, h
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Alarming that passengers paying for comfort are enduring such hardships: Man narrates sister's experience in 3 AC train
Indian railways faces criticism for dire state of 3 ac coaches. overcrowding near gates led to child left on platform. urgent action needed for clean washrooms and improved passenger comfort, as highlighted by rachit jain's experience.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Glenmark recalls 6,528 bottles of blood pressure drug in US
As per the usfda, a class ii recall is initiated in a situation in which the use of, or exposure to, a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Godrej Locks eyes 50% market share; bets big on new affordable products, price cuts of existing ones
Godrej locks aims to boost market share from 30% to 50% in three years with new affordable products and price reductions. shyam motwani, business head, highlights a 50% price drop in new locks and 7-8% cut in existing ones. targeting tier-2, 3, 4 cities, t
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
WTicabs plans to induct 1,000 EVs in its fleet this fiscal
Wise travel india ltd to expand with 1,000 electric vehicles in tier ii cities and international markets. the company's revenue reached rs 409 crore in fy24, targeting 30-35% growth in fy25 to maintain cagr.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
BJP Sankalp Patra: How BJP wants to make India a global hub for renewable energy
Bjp's manifesto for 2024 polls focuses on energy independence by 2047, renewable energy expansion, ethanol blending, small modular reactors, and battery energy storage systems incentives.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Automobile exports from India dip 5.5% in FY24
India's automobile exports fell by 5.5% in fy24 due to global monetary crises, with overall exports totaling 45,00,492 units. siam president vinod aggarwal cited volatile overseas markets and foreign exchange issues. while commercial vehicles, two-wheelers
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
India adds record 18 GW renewable energy capacity in FY24
India added 18.48 gw renewable energy in 2023-24, targeting 500 gw by 2030. rk singh highlights solar, wind capacities. gujarat, tamil nadu, karnataka lead in renewable energy capacity.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Wary of BoB World app and other scams, Fin Min bats for enhanced KYC, due diligence
To counter financial frauds like the bob world app scam, the finance ministry proposes reinforced kyc procedures and due diligence for merchant onboarding. enhanced data security is urged for merchants and business correspondents (bcs) to mitigate cyber ri
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Super 30 founder Anand Kumar to launch online educational platform for the poor
Anand kumar plans to launch an online educational platform to help underprivileged students, emphasizing the use of technology for wider outreach. he highlights the need to provide opportunities for talent among impoverished children.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Digi Yatra: Stakeholders working to address tailgating issue
Stakeholders, inc. digi yatra foundation & bcas, work on airport tailgating issue using frt. measures include gate closure speed, systematic entry process, data encryption, user-friendly facility, aadhaar validation, boarding pass scan, facial recognit
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
No more stinky rides: How Railways plans to tackle smelly trains, stations
The railway board is implementing various strategies to combat the long-standing problem of unpleasant odors in trains and stations. in response to numerous complaints received through the rail madad app, the board is proposing the utilization of innovativ
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
All gas-fired power plants to operate in May-June
The government on saturday directed all gas-based power plants to operate in may and june amid an anticipated increase in demand during the summer months, invoking a key provision in the electricity act. this is the first time that the government is using
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Smartphone, AC sales spring back in Q4
Primary sales in kolkata of smartphones, laptops, acs, and refrigerators grew 8-12% year-on-year in the january-march period, with notable improvements in demand across entry products and rural markets, according to industry insights.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Bournvita, other brands to lose 'health drink' status
E-commerce sites advised to stop labeling bournvita as health drink due to undefined food laws. cadbury faced controversy over sugar content. ncpcr, fssai investigated. issue involved misleading elements in packaging, advertising.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
IPL firms up Telcos’ data cover drive...Who’ll score more?
Telecom companies are likely to see 8-10% rise in data traffic consumption as cricket fans glue eyeballs to the indian premier league being streamed for free. meanwhile, sms/voice call activity may also record a 15-20% growth this april-june quarter as pol
Tag: Industry India Source: indiatimes.com Dated: 2024-04-14
Stars may have finally aligned for Elon Musk-owned satcom company in India
The indian government is expediting the application process for elon musk's starlink satellite communication company, despite unresolved issues such as its links with us security agencies. starlink may receive "conditional approval" based on undertakings r
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Japan's MUFG may cut b cheque for 20% in HDB Financial Services
Mufg in talks to buy 20% stake in hdb financial services from hdfc bank at -10b, unlocking value post b merger, with b investment, ipo preparations per rbi regulations.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Consumption down, but Vanaspati weightage in WPI still high
The share of vanaspati in the basket of different types of cooking oils consumed by indians has nearly halved in the past decade to 2.88%. however, it still holds the second-highest weightage of 14.35% in the wholesale price index (wpi) after palm oil, whe
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
As GCC thrives, Broadridge floats plan for India unit
Currently, a third of the company's total global workforce of 15,000 is based in capability centres in bengaluru and hyderabad. broadridge doesn't have an india business yet but only operates the two capability centres.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Neuberg Diagnostics plans to raise 0 million to fund acquisitions
Neuberg, which runs a pan-india diagnostic chain, has appointed o3 capital as the investment banker and is currently in talks with potential investors, velu said in an interview. the chennai-based company plans to use the fresh capital to expand its radiol
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
DevX aims to double co-working office portfolio to 2 mn sq ft
The company currently has operational centres in key cities like mumbai, pune, hyderabad, noida, raipur, jaipur and ahmedabad. last week, it set up a new co-working centre spread over 25,000 sq ft with 300 seats in udaipur.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Migsun Group to invest Rs 426 crore on mix-use project in Lucknow
"this is our second commercial project in lucknow," said yash miglani, managing director of migsun group. "our first project, migsun janpath, is also successful, and the prices have appreciated almost two-fold. we hope to repeat this performance again with
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Israel-Iran tension: Indian carriers to avoid Iranian airspace
Planes of indian airlines like air india, vistara and indigo have begun avoiding iranian airspace while lufthansa has extended a suspension on flights to and from tehran.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Vistara staff to get more clarity on their new roles by June: CEO Vinod Kannan to employees
"the leadership teams and relevant cross functional teams have now started meeting more frequently to come up with the organogram for the merged entity and process is almost complete for most verticals and we intend to complete this process by the end of t
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Repair or replace? Insurers in this country sending electric cars to junk yards due to mechanic shortage
Electric car sales in the uk face challenges due to a shortage of trained technicians for complex ev repairs. the scarcity of repair technicians poses a threat to exacerbate this situation, particularly in the uk, where consumer adoption has remained stagn
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Varun Beverages starts commercial production of carbonated drinks at Gorakhpur facility
Varun beverages commences soft drink production in gorakhpur, introducing new products and expanding capacities. it sees significant revenue contribution from the indian subcontinent and african markets, reporting a substantial net revenue in 2023.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
22 flights diverted amid heavy rainfall in Delhi-NCR
22 flights to delhi airport redirected due to bad weather. ani reported diversions between 3-4:30 pm. various areas in delhi witnessed light rainfall. imd forecasted thunderstorms with rain over isolated places.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
All 224 flats in Gurugram project sold in 15 minutes for Rs 440 crore: Ashiana Housing
Ashiana housing sold 224 luxury flats in gurugram within 15 minutes. the project at sector 93 was oversubscribed four times. ankur gupta attributed it to brand value, execution track record, and kid-centric concept.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Ways to take care of your smartphone and keep it running smoothly
How to take care of your smartphone to ensure maximum performance?
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Govt directs e-commerce platforms to remove Bournvita, other similar beverages from 'health drink' category
The ministry of commerce and industry has issued an advisory to e-commerce companies, directing them to remove drinks like bournvita from the category of ‘health drinks’ on their platforms. this follows an inquiry by the ncpcr, which found that bournvi
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Sour grapes? China thinks Tesla's India biz will be doomed
China has expressed disapproval of elon musk's plan to open a tesla factory in india. the global times has predicted challenges for tesla in the immature indian market, recommending india to partner with chinese companies for ev manufacturing.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Institutional investment in real estate decline by 55% during Q1 2024
In q1 2024, institutional real estate investment dropped by 55% to usd 552 million. domestic investors took the lead with 98%. bengaluru and ncr were top investment destinations, with edelweiss capital emerging as a key investor.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Govt asks all gas-based plants to be operational from May 1 to June 30 as electricity demand surges
India's government has ordered all gas-based power generating stations to operationalize their plants from may 1 to june 30 due to a potential prolonged heat wave this summer. the ministry has projected a peak power demand of 260 gw, a record high from sep
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Air India flights avoid Iran airspace amid soaring tensions in Middle East
Air india flights altered their routes to avoid iranian airspace amid escalating tensions in the middle east, according to a report by toi. this action came after the indian ministry of external affairs advised against travel to iran and israel due to the
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
India extends operation of imported coal-based power plants until Oct 15
India has extended a mandate for imported coal-based power plants to operate at full capacity until october 15, in response to anticipated high demand for electricity during the summer months. the directive, revealed in a government order, applies to compa
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
NTA declares CUET-PG results, check toppers list here
The nta conducted the cuet pg 2024 between march 11 and 28, 2024 via a computer-based test (cbt) in 572 different centres located in 262 cities including nine cities outside india (manama, dubai, kathmandu, muscat, riyadh, ottawa, abu dhabi, vienna, and qa
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Electric motorbikes on course to take charge of EV space
Many startups and traditional players are set to launch vehicles that match ice models in terms of performance, range and price. until now, e-scooters have been leading the way in the ev sector for two-wheelers. however, this trend is expected to shift as
Tag: Industry India Source: indiatimes.com Dated: 2024-04-13
Gold prices climbs to Rs 72,967 per 10 gm
Gold prices on friday climbed to rs 72,967 per 10 gm, rising by 1.6 per cent compared to thursday. this daily surge in prices has never been witnessed in the last 50 years, bullion dealers from zaveri bazaar said. in a month, gold prices have shot up by 10
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
IPL 2024 smashes viewership records: 40 crore tune in on Star Sports for first 18 IPL matches
the broadcaster also recorded a staggering 12,380 crore minutes of watch time, indicating a notable 15% growth compared to the 2023 edition. additionally, the tvr (television viewership rating) witnessed a 17% increase compared to the previous year.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Delhi RERA chairman urges builder to report non payment by buyers
Delhi-rera chairman anand kumar has urged the real estate developers to file complaints against buyers of they are not making the payment on time. at the cii real estate conference, kumar said that there is a need to train, skill human-resources in real-es
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Passenger vehicle sales reach record high in FY24, two-wheeler sales grow by 13%
4.22 million units of passenger vehicles sold in fy24. two-wheeler sales grew by over 13% to 17.9 million units, while commercial vehicle sales remained flat at 967,000 units. the industry shifted to 20% ethanol blend, boosting electric vehicle demand. opt
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Kishore Biyani settles lenders’ dues by selling SOBO mall to K Raheja Corp
The settlement was backed by realty developer k raheja corp., which acquired sobo central mall. earlier known as crossroads, sobo central is the country’s first mall, having opened in late 1990s in south mumbai's haji ali locality.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Adani Group targets 20% share in Indian cement market by FY28
Gautam adani-led adani group, which owns ambuja cements and acc ltd, is targeting to capture around one-fifth of the indian cement market by fy28. adani cement business will implement its accelerated capex program through internal accruals and the business
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Price surge dampens demand for jewellery: Senco Gold
In the last 30 days, the gold price has jumped about 10 per cent, and in the last six months, it has become costlier by 23-25 per cent. this sharp volatility has hit retail buying sentiment. eid, bengali new year, akshay tritiya, and regional new year fest
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Stellantis, the maker of Jeep and Citroen brands, plans to make India an EV export hub
Stellantis india ceo & md aditya jairaj told pti that the company will be the first 'multinational oem' in india to achieve this feat (to export evs). stellantis, which was formed after the merger of italian-american conglomerate fiat chrysler automob
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Ola to slash S1X's price?
Ola's s1x electric scooter, with 143km range and 90 km/hour speed, gained popularity with record registrations. ceo bhavish aggarwal hinted at further price cuts, driving increased sales and market share.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Trai recommends govt funding for testing new telecom innovations as part of sandbox framework
The telecom regulatory authority of india (trai) has suggested that the government should provide funding for testing new products in the communications sector to bridge the digital divide. the regulatory sandbox framework allows entrepreneurs to test thei
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
DLF to invest Rs 2,200 cr to build shopping mall in Gurugram
At present, dlf has a retail footprint of around 42 lakh square feet comprising nine properties, including malls and shopping centres, mainly across delhi-ncr. around 3.4 lakh square feet of retail portfolio is under dlf ltd and the rest under the dlf cybe
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
India can have a billion green hygrogen electrolyzer market by 2050: Report
India's green hydrogen (h2) electrolyzer market is set to grow significantly, reaching billion by 2050. this growth aligns with ambitious net zero targets, showcasing the pivotal role of green hydrogen in achieving decarbonization goals in asia's indus
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
Infinix India CEO emphasizes clear product differentiation amidst smartphone market confusion
Infinix india ceo anish kapoor highlighted the issue of smartphone brands offering similar features, causing confusion among customers. to differentiate, infinix focuses on clear-cut distinctions for each product. despite a stagnant market, infinix saw a 3
Tag: Industry India Source: indiatimes.com Dated: 2024-04-12
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