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

Cipla Q4 profit drops 55% to Rs 555 crore; board recommends Rs 13 dividend

Cipla's fourth-quarter net profit saw a significant drop of 55 percent year-on-year. for the full financial year, the company's profit also declined. despite these figures, key therapies and trade generics business showed strong growth. the company plans t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Delhi High Court refers JioStar-Legends League Cricket rights dispute to arbitration

The delhi high court has sent a commercial dispute between jiostar india and absolute legends sports to arbitration. the case involves media and commercial rights for the legends league cricket masters t20 tournament. key revenues from franchise fees and t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Zydus Lifesciences close to buying US oncology drug maker for 0 to 150 million: Sources

Indian drug maker zydus lifesciences is close to acquiring a us company. the deal is expected to be between 0 to 0 million. this acquisition will help zydus build its own distribution network for anti-cancer drugs in the us. the target company also h
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India lacks adequate scrap supply, only 25% steel demand can be met through scrap-based production: Former Steel Secy

India's steel sector grapples with limited scrap for green production. only 25 percent of steel demand is met by scrap-based manufacturing. deteriorating iron ore quality further complicates efforts. the nation is exploring green steel through pilot pro
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

NHAI settles arbitration claims in Panipat-Jalandhar Highway project cases

The national highways authority of india has successfully settled two major arbitration cases. an arbitral tribunal awarded nhai rs 819.96 crore. these disputes involved the panipat-jalandhar section of nh-44. claims by concessionaires exceeded rs 8,375 cr
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Adani Group is jumping into Europe's deep waters. What can happen

Adani ports is making a significant leap beyond traditional port operations, venturing into europe's complex offshore and subsea market. through a new partnership with oceaneering international and its astro offshore arm, the company aims to become a globa
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India’s first indigenous 200-kmph Ahmedabad-Dholera rail corridor worth Rs 20,667 crore gets Cabinet nod

A new semi-high-speed rail line will connect ahmedabad and dholera in gujarat. the project, costing around rs 20,667 crore, will be india's first with indigenous technology. it aims to reduce travel time significantly, boosting connectivity and regional de
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Cabinet approves ?20,667 crore Ahmedabad-Dholera semi high-speed rail project

Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependence

The union cabinet on wednesday approved a rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasify around 75 million tonnes of coal and attract investments of up to rs 3 lakh crore, union minister ashwini vaishnaw
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Noida airport: Regulator AERA fixes Rs 490 UDF for departing domestic passengers

Airports tariff regulator aera has set the user development fee (udf) for noida international airport at rs 490 for departing domestic and rs 980 for international passengers for the 2026-27 period. these rates are comparable to national averages and aim t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

PM's call to cut foreign travel: Industry executives seek measures to boost inbound tourism

Following pm modi's call to postpone non-essential foreign travel, travel industry executives see an opportunity to boost 'incredible india' marketing and attract more overseas tourists. experts suggest increasing marketing budgets and simplifying visa pro
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Cabinet clears upgradation of Nagpur International Airport

Nagpur international airport is set for a major upgrade through a public-private partnership. the union cabinet has approved extending the land lease for mihan india ltd. this move allows gmr nagpur international airport ltd to operate and modernize the ai
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Gold volume growth may dip 10–15% after duty hike, say jewellers

India's gold and silver import duty hike may affect jewellery sales volumes initially. industry leaders believe demand will stay strong due to gold's cultural and investment importance. consumers might opt for lighter jewellery. the government aims to cons
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India raises gold import duty back to 15%: What’s behind the move

India has significantly raised import duties on gold, silver, and platinum. this move aims to safeguard the nation's economy and foreign exchange reserves. the government prioritises essential imports like crude oil and fertilisers. this decision reflects
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India’s gold import duty hike to 15% may remain for a year, says Senco MD Suvankar Sen

India's higher import duty on gold and silver could impact jewelry demand for a year, senco md suvankar sen said. senco gold predicts volumes may drop 10-15 percent and consumers may opt for lighter jewelry. this move aims to conserve foreign exchange rese
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Gold import duty hike inflates prices, raises smuggling risk: Gem & Jewellery Export Promotion Council

The gem and jewellery export promotion council has urged the government to discuss ways to control gold imports. they state that increasing import duties only raises prices and does not reduce imports. higher duties also encourage smuggling and increase ex
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Gold import duty hike to hurt jewellery trade, spur grey market: GJC

Gold import duty hike: the indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty to 15 percent. this move by the government is expected to encourage the grey market and smuggling. industry leaders ar
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India rolls out new gold math with import duty hike. Who will foot the bill?

India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange reserves amid rising risks from the middle east conflict. the move follows prime minister narendra modi’s appeal to avo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Gold import duty raised to 15% from 6% as govt moves to curb imports, support rupee

Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisis

Gold, silver import duty hike: india has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respectively. this move aims to conserve foreign exchange reserves and stabilise the external account amidst the west asia
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifies

Consumers are rushing to buy bridal jewellery across india. this surge follows prime minister narendra modi's call for austerity measures. jewellers report a significant increase in sales. customers fear higher import duties or gst on gold. many are advanc
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

From India to China, a look at what governments worldwide are doing to shield households from rising energy costs

Governments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the u.s.-israeli war on iran. measures include fuel tax adjustments, reserve releases, external financing, subsidies, tax cuts, and energy conservation
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Global oil supply to plunge below demand this year on Iran war, IEA says

Global oil supply is set to fall short of demand this year, with the iran war severely impacting middle east production. the international energy agency reports significant supply losses and a projected deficit of 1.78 million barrels per day by 2026. dema
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

India faces potential retail fuel price hikes if the middle east conflict persists. rbi governor sanjay malhotra indicated this possibility due to rising energy import costs and inflation risks. the government has already reduced duties and state refiner
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India set to scale back Russian oil imports if US waiver lapses

Iran war oil impact: amidst the ongoing geopolitical turmoil, indian oil refiners face a critical moment as the expiration of a us waiver looms this weekend. with the war affecting supplies from the persian gulf, india has lately seen a surge in russian oi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Carrier Global to minimise price increases in India, CEO says

Carrier global is working to keep prices stable in india amidst global supply issues. the company is investing 0 million in andhra pradesh for a new facility. this expansion aims to meet growing demand both in india and for exports. carrier anticipates
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Charli XCX joins Nothing as shareholder and global brand ambassador

Consumer tech brand nothing has named british pop star charli xcx its first global brand ambassador and a shareholder. this collaboration signifies nothing's move to become a cultural brand, not just a hardware maker.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Delhi HC asks Google, Apple to act against obscene content on mobile apps

The delhi high court has ordered google and apple to take strict action against obscene pornographic content on their mobile applications. the court emphasized the vital role of social media intermediaries in preventing the dissemination of such material.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Russia to fulfil all agreements on energy supply to India: Russian FM Lavrov

Russian foreign minister sergey lavrov has assured india that energy supply agreements will be completed. he stated that relations between russia and india are based on deep friendship. lavrov praised prime minister narendra modi as an energetic leader. he
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

L&T to set up extra-high voltage substations in Middle East

Larsen & toubro's power transmission & distribution division has won new orders in the middle east. the company will build extra-high voltage substations. these projects will ensure reliable power supply to major areas. they will also help deconges
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Alzheimer's a key part of Eli Lilly's India specialty medicine push, says company's country head Winselow Tucker

Eli lilly has introduced lormalzi in india, a pioneering treatment for alzheimer's that specifically targets amyloid plaques, a significant contributor to the condition. unlike previous therapies that merely alleviate symptoms, this innovative medication a
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Asia Healthcare Holdings appoints three new independent directors

Asia healthcare holdings has appointed three independent directors to its board, effective may 1, 2026. murali sivaraman will serve as board chairperson. vinita bali joins as nomination and remuneration committee chairperson. rashmi joshi takes on the role
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI norms

Power finance corporation and rec ltd are planning to merge by april 1, 2027. this merger will create a single platform for financing india's power sector. both companies have received in-principle approval for the restructuring. legal and financial adviso
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Indian regulators oppose Pernod Ricard's liquor plea, firm says business 'hopelessly fettered'

Indian regulators are opposing pernod ricard's latest court attempt to regain its delhi liquor license. the french company's license was rejected due to serious allegations of collusion with retailers to boost market share. pernod denies wrongdoing, but th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Diesel crunch leaves Indian truckers stranded in roadside lines

Truckers across india are facing long waits for diesel as private fuel stations have cut sales or raise prices. state-run companies are struggling with demand, leading to shortages. this situation has impacted the movement of goods nationwide. a modest pri
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

India's vegetable oil imports jump 13 per cent in first half of 2025-26 on palm oil surge

India's vegetable oil imports surged 13 percent to 7.94 million tonnes in the first half of the 2025-26 oil year. palm oil shipments nearly doubled, boosting overall imports. this rise occurred despite increased cooking oil prices and a depreciating rupee.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Moi Soi raises first institutional round from GVFL, Wipro Consumer Ventures

Pan-asian food and beverage brand moi soi, owned by ceres foods, has raised its first institutional funding round from gvfl and wipro consumer ventures, according to people aware of the development. the investors have collectively picked up about 17% stake
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Amul raises milk prices by ?2 per litre; new rates effective May 14

Amul milk prices are set to rise by ?2 per litre. this price hike will affect several popular milk variants. the new rates will be effective from may 14. consumers across markets will experience the impact. this increase adds to existing household budget p
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Maruti Suzuki earmarks Rs 1,372 crore on green logistics, crosses 30 lakh dispatches via rail

Maruti suzuki is investing rs 1,372 crore in green logistics infrastructure. the company plans to increase vehicle dispatches by rail to 35 percent by fiscal year 2030-31. this initiative will reduce carbon footprint and fuel consumption. the carmaker has
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Jio Financial and Allianz Group formally launch 50:50 insurance JV

Jio allianz general insurance has been incorporated. jio financial services and germany's allianz each hold a 50 percent stake. the new company will offer general insurance, including health insurance in india. this follows allianz's earlier exit from a jo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K Bank

Jammu and kashmir bank has recorded its highest profit to date, soaring to rs 2363.47 crore in fy-26. this achievement marks a significant recovery from past hardships, says bank chief amitava chatterjee.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Gaurav Kapoor Ventures gets exclusive mandate for The Ruby

Gaurav kapoor ventures has secured an exclusive mandate to manage sales for the ruby, a 1 million sq.ft. leed certified, grade-a commercial tower in central mumbai. this consolidated approach aims to provide a unified market position and curated buyer enga
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Knowledge Realty Trust leases over 3.5 million sq ft in FY26

Knowledge realty trust leased 3.5 million sq ft office space in fy25-26. robust demand from global and domestic occupiers drove leasing. revenue rose 16% and net operating income increased 18%. portfolio occupancy reached 92%. the reit is well positioned f
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Trilegal names Ex-Visa India Head Sandeep Ghosh as first CEO

Trilegal, a leading indian law firm, has appointed sandeep ghosh as its first ceo, marking a significant shift towards non-legal leadership. ghosh, with extensive experience in banking and financial services, will drive strategic priorities and growth. thi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Mumbai’s eastern corridor gains traction as firms expand beyond BKC

Mumbai's commercial landscape is shifting from traditional hubs like bkc and nariman point to emerging micro-markets such as chembur, driven by escalating costs. the epicentre, a grade-a development in chembur, offers businesses a strategic, cost-effective
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Rice University eyes deeper India push, weighs campus presence under NEP

Rice university is looking at expanding its presence in india. this includes potential research and academic partnerships under the new national education policy. the us institution sees strong demand from indian students. rice is exploring all options for
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Targeting 30 pc EV sales by 2030, Bihar govt nod to policy amendments

Bihar is boosting electric vehicle adoption. the state government aims for 30 percent of new vehicle sales to be electric by 2030. incentives will be offered for electric commercial vehicles, two-wheelers, and four-wheelers. charging stations will also be
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

CG Offices appoints Jai Agnani to lead workplace and portfolio services

Cg offices has appointed jai agnani as partner and chief growth officer. he will lead a new division offering workplace and portfolio services. this expansion aims to support corporates and enterprise occupiers in commercial leasing and real estate strateg
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Anant Raj to evaluate demerger of data center business, appoints Anish Sarin as director

Anant raj ltd is exploring a demerger for its data center business. a committee has been formed to evaluate the move. the company has also appointed anish sarin as a director. anant raj ltd has reported significant financial growth and a strengthened balan
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

Dalcore launches North India’s first YOO-branded residences ‘The Falcon’ in Gurugram

Dalcore has launched the falcon, north india's first yoo-branded ultra-luxury residences on gurugram's golf course road. designed by yoo inspired by starck and architected by uha, the project offers 96 expansive 3 and 4 bhk homes across two acres. it aims
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-13

ASK Curated Luxury Asset Fund I invests Rs 63 crore with Goa-based developer

Ask curated luxury asset fund i has invested rs 63 crore in a luxury villa project in arpora, north goa. the project, ananda nilaya, will feature 28 villas and has a revenue potential of rs 360 crore.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Naredco proposes changes in Delhi’s TOD policy

In a bid to reshape delhi's urban landscape, naredco has put forth new suggestions for the city's transit-oriented development policy. by advocating for a reduction in apartment size and price regulations, they aim to spark a boom in residential and commer
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for Rs 1,684 crore

The national stock exchange of india has made a bold move by leasing a coveted 2.7-acre site in the bustling bandra-kurla complex of mumbai for the next 80 years, with a lease premium amounting to rs 1,684 crore.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Keystone Realtors targets pre-sales worth Rs 10,000 cr by FY30

Keystone realtors aims for rs 10,000 crore in pre-sales by 2029-30. the company achieved rs 4,022 crore in pre-sales for fy25, a 33% year-on-year increase. strong project launches and business development fueled this growth. keystone realtors plans expan
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Hong Kong’s Crown Worldwide plans to double India investments in two years

Crown worldwide group is set to invest an additional million in india over the next two years. this expansion includes a new integrated storage and information management facility in coimbatore. the company aims to double its capacity in one of its fas
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

India retail realty leasing touches 3.1 million sq ft in Q1; high streets outpace malls

India's retail property market is off to a strong start. leasing activity remains robust, with retailers increasingly opting for high streets and other formats due to limited new mall supply. this trend highlights the sector's resilience and adaptability.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

ICAI to push for curbing foreign travel, other forex-saving ways among its members, officers

The institute of chartered accountants of india will soon ask members and officers to save foreign exchange. initiatives include curbing foreign travel and promoting domestic alternatives. an advisory will guide chartered accountants and their families on
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

IHCL shifts focus to overseas expansion as domestic business runs on autopilot

The indian hotels company, affectionately known as ihcl, is setting its sights on global horizons. with its domestic operations thriving, the company is primed for international growth through management contracts and operating leases.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

India celebrated Mother’s Day with 13,039 cakes an hour and Rs 1 lakh-plus dinners: Swiggy

Mother's day saw a significant surge in food delivery and dining out across india, with swiggy reporting a 26.24% rise in food orders and a 71.8% jump in premium restaurant bookings. consumers splurged on cakes and family dinners, with peak demand for cake
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

Old stock turns gold for retailers as smartphone prices rise amid memory cost inflation

As memory prices experience inflation, the landscape of india's smartphone market is shifting. retailers momentarily benefit from increased profits, pushing older models at inflated prices, while distributors are left juggling higher investments in stock a
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-12

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