Industry India NEWS. Stock Market NEWS Updated Daily

Industry India NEWS. Stock Market NEWS Updated Daily

Nifty Fri 15 May 2026

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Industry India NEWS. Stock Market NEWS Updated Daily

US 'only' country capable of opening Hormuz Strait, Marco Rubio says

The united states has launched "project freedom" to reopen the strait of hormuz. secretary of state marco rubio stated that america is uniquely positioned to ensure safe passage for commercial vessels. this initiative responds to requests from multiple nat
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

India's Reliance to shut some units at 660,000 bpd refinery, govt official says

Reliance industries plans refinery maintenance. some units at its 660,000 barrels per day refinery will close for three to four weeks. this shutdown follows nayara energy's operational resumption later this month. a senior petroleum ministry official confi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Petrol-diesel price hike coming soon? Why IMF says it must

Speculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. the imf urges india to pass on higher crude oil costs to consumers, arguing it would temper demand and allow market adjustments,
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

India's cows offer biogas alternative to Mideast energy crunch

India faces cooking gas shortages due to global events. villagers in uttar pradesh are turning to biogas, made from cow dung, as a reliable alternative. this homegrown fuel powers kitchens and provides valuable fertilizer. the government supports biogas
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

India’s I&B sector FDI gains in 9M FY26 despite lower Q3 inflows

Foreign direct investment in india's information and broadcasting sector saw a sharp quarterly decline in q3 fy26, yet cumulative inflows for the first nine months rose significantly. this overall increase was propelled by substantial investments in major
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

India’s CTV adoption rises as South leads smart TV penetration

Smart tv use is growing fast in india. southern regions lead in smart tv ownership. this is due to better internet and more people wanting big screens for streaming. india's internet use is becoming more advanced. many indians are online, mostly on phones.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Zee Entertainment sues Nykaa for using its songs in Instagram reels without licence

Zee entertainment has sued nykaa's parent company, fsn e-commerce ventures, for using its songs in instagram promotions without permission. nykaa's lawyers argue that instagram's music licensing covers such usage. the company has removed the disputed reels
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Zydus Biologics’ Ahmedabad injectable facility gets 7 observations in USFDA inspection

Zydus lifesciences has made headlines as its zydus biologics injectable plant in ahmedabad underwent a usfda inspection between april 27 and may 5, 2026. the inspection yielded seven observations, but significantly, there were no issues regarding data inte
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Sun Pharma explores funding mix for billion Organon deal

Global lenders are exploring various financing options for sun pharmaceutical industries' proposed billion acquisition of organon & co. the indian drugmaker is considering swapping organon bondholders into sun pharma debt and a potential euro-denom
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

To tax or not to tax mineral rights in India? SC to hear pleas on May 20

The supreme court will hear pleas on may 20 concerning legislative power to tax mineral rights, as the centre's curative petition is pending. previously, a nine-judge bench ruled states hold this power, dismissing review pleas. the centre's curative petiti
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

L&T wins largest domestic metals order from JSW Steel for major expansion

Larsen & toubro's minerals & metals division secured its largest domestic metals order from jsw steel, valued between rs 10,000 crore and rs 15,000 crore. this 'mega order' involves comprehensive engineering, procurement, and installation of critic
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

L&T net profit drops 3% to ?5,326 crore in Q4

Larsen & toubro's march quarter net profit saw a slight dip. the company achieved record order inflows and revenue for fy26. however, geopolitical tensions in west asia are expected to affect future business. l&t is expanding into new growth areas
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Cold-rolled formed engineering solution slashes mining scrap by 80 pc, cut costs by 10-20 pc:Experts

Cold-rolled formed engineering solutions are revolutionizing the mining sector by significantly reducing waste, with experts highlighting up to an 80% decrease in scrap generation. this precision-driven process minimizes material loss, lowers costs, and en
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

NMDC hikes iron ore prices by Rs 200 tonne

State-owned nmdc has raised iron ore lump and fines prices by rs 200 per tonne, effective immediately. baila lump ore is now priced at rs 5,500 per tonne and fines at rs 4,700 per tonne. this price hike, exclusive of various taxes and fees, will impact ste
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Kiran Mazumdar-Shaw picks niece Claire as successor at Biocon

Biocon's founder kiran mazumdar-shaw has made a groundbreaking announcement, pledging her niece claire mazumdar as her heir apparent. the transition plan is designed for a slow handover while mazumdar-shaw remains at the helm.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Drug applications with unanswered queries to be rejected within 30 days

The message was conveyed through a public notice issued by the central drugs standard control organisation (cdsco) on may 4. it said applications have been pending at the applicant's end since 2016.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Overhaul of drug regulator begins with recruitment plan for 1,500 specialists

India's pharmaceutical landscape is on the verge of transformation! the country’s drug regulatory body is gearing up for an overhaul with the addition of over 1,500 scientists and tech specialists. this ambitious initiative aims to streamline drug approval
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Hyundai reiterates commitment to India as it marks 30 years of operations in country

Hyundai motor india celebrates 30 years, reaffirming its dedication to india's mobility future. the company has invested heavily and plans further expansion in manufacturing and electrification. hmil has achieved significant sales milestones and exports,
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financing

Bank loans for washing machines and televisions are falling. banks are now focusing on credit cards for these purchases. non-banking finance companies are taking over this market. this trend is driven by the small loan amounts involved. consumer durable lo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

PhonePe has a new AI tool to cut a process from weeks to minutes

Phonepe has launched an ai-driven system to significantly accelerate merchant payment gateway integrations. this new tool, powered by ai coding assistants and phonepe's 'integration intelligence,' reduces integration times from weeks to mere minutes. busin
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Star Health to launch affordable health insurance plans targeting tier 2, 3 markets

As healthcare expenses soar, star health is bracing for premium increases in the next fiscal year. in a proactive move, the insurer is rolling out a series of affordable health insurance options tailored for smaller urban areas. these plans will incorporat
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, maruti suzuki's nexa is at an inflection point, preparing for nexa 2.0 to re-engage aspirational buyers. despite facing capacity constraints and a reliance on a few key models, the brand aims to sharpen its identity and premium
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

PNB hikes cybersecurity spend as AI models including Anthropic's Mythos raise risks

Punjab national bank is boosting its cybersecurity spending by over 50% this financial year. the bank is investing heavily in technology to protect against digital threats, including those posed by advanced ai. this move comes as regulators and banks asses
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

PNB Q4 net profit rises 14% YoY to ?5,225 crore; targets ?2 lakh crore digital book in FY27

Punjab national bank is seeing strong digital growth, sanctioning one in three loans digitally and crossing ?1 lakh crore in digital sanctions. the bank reported a 14% profit jump for the fourth quarter of fy26. pnb anticipates further growth in retail ter
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

J&K Bank posts highest ever annual profit of Rs Rs 2363 crore in FY26

Jammu and kashmir bank achieved its highest-ever annual profit of rs 2,326.47 crore for the financial year 2025-26. this marks a significant year-on-year growth of over 13 percent. the bank also reported a strong quarterly net profit of nearly rs 800 crore
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Julius Baer names interim India country head as Papneja departs

Julius baer has appointed kunal sumaya as interim country head for india. he will replace umang papneja, who is leaving after four years. papneja will stay until july. julius baer is expanding its presence in india, a key growth market. sumaya, with 17 yea
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

EAC-PM calls for changes in priority sector lending to enhance efficiency; greater flexibility to banks

An economic advisory council to the prime minister paper has proposed shifting priority sector lending focus from economic efficiency to social equity, suggesting outdated categories be removed to give banks more flexibility.
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Global uncertainties impact gold loan prices; so CSB will remain cautious

In light of recent fluctuations in gold prices prompted by international unrest, csb bank is reassessing its approach to gold-backed lending, particularly with gold jewellery. this strategic pivot will see the bank prioritize wholesale and small business l
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

HDFC Bank's review finds no major governance concerns after chairman Atuna Chakraborty's exit, sources say

Hdfc bank's governance review is nearing completion. law firms are expected to report no significant issues. this development paves the way for the reappointment of ceo sashidhar jagdishan. the reserve bank of india is reportedly comfortable with this deci
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Bombay HC quashes FIR against Sashidhar Jagdishan, calls it ‘abuse of criminal process’

The bombay high court has quashed a police complaint against hdfc bank md sashidhar jagdishan. the court found the fir to be a counterblast to recovery proceedings. it stated that the complaint lacked justification for investigation. the court also noted t
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf war

The government has approved a new credit scheme, eclgs 5.0, to support airlines and small businesses facing economic challenges. this initiative will provide significant additional credit. two new semiconductor manufacturing units are also set to be establ
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Bharti Airtel explores 5G network slicing for premium plans

Bharti airtel is exploring network slicing. this technology will allow for premium voice and data plans. it aims to monetize its 5g infrastructure. this move follows rival reliance jio's enterprise use-case plans. network slicing creates virtual networks f
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Kumar Birla back as Vodafone Idea’s non-exec Chair amid turnaround attempt

Kumar mangalam birla has returned as non-executive chairman of vodafone idea (vi) to lead its turnaround. the company, bolstered by government relief and a billion capital expenditure, aims to secure debt funding and achieve significant revenue and ebit
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Reliance eyes billions in LEO satellites to build India's answer to Starlink

Reliance industries is set to make a significant entry into satellite communications. the company plans a multi-billion dollar investment in the low earth orbit segment. this move positions reliance against global players like starlink and amazon leo. six
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-06

Kumar Mangalam Birla appointed Vodafone Idea's Non-Executive Chairman; Ravinder Takkar steps down

Vodafone idea limited announced significant leadership changes. kumar mangalam birla will take over as non-executive chairman on may 5, 2026. ravinder takkar will transition from non-executive chairman to non-executive vice chairman on the same date. both
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Bengaluru airport rolls out AI-driven airside safety system to boost operations

Bengaluru airport is stepping into the future with its cutting-edge smart airside safety system. harnessing the power of ai and automation, this system optimizes the flow of vehicles and aircraft, enhancing safety at pivotal airside intersections. by minim
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Power bank explodes on IndiGo flight shortly before landing at Mohali

An indigo flight from hyderabad to chandigarh experienced a scare after landing at mohali. a passenger's power bank caught fire, filling the cabin with smoke. the cabin crew quickly extinguished the flames. all passengers were safely evacuated from the air
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Delhi Metro goes 'Atmanirbhar': 'Made-in-India' platform screen doors to be installed in upcoming metro corridors

Metro platform screen doors: delhi metro has decided to install indigenously manufactured platform screen doors (psds) across all stations in its upcoming phase iv and phase v corridors. this marks a major shift towards atmanirbhar bharat, following the ce
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Expansion of cargo handling capacity at JSW Dharamtar Port recommended for EC grant

A government sub-committee found coal dust and wastewater impacting mangroves at jsw dharamtar port. this occurred before an expert panel recommended environmental clearance for port expansion. jsw has acknowledged these issues and agreed to implement reco
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

IndiGo issues travel advisory after missiles launched towards UAE from Iran, airline says 'there may be changes to flight schedules'

Indigo has issued a travel advisory warning of potential flight disruptions following the uae's report of detecting four cruise missiles launched from iran. the airline is advising passengers to check flight statuses due to the evolving security situation
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Govt approves ?23,437 crore railway expansion across 6 states

The union cabinet has approved three major railway projects costing over ?23,000 crore. these projects will add nearly 900 km to the indian railways network. they aim to reduce traffic congestion and boost capacity. this will improve connectivity across se
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

The alchemist of Bengaluru: Kiran Mazumdar-Shaw began from a garage

Kiran mazumdar-shaw has named her niece claire mazumdar as successor, setting up a gradual leadership transition at biocon. a pioneer who built the company from a garage into a global biotech leader, kiran is ensuring continuity by handing over to a scienc
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

German chemicals major BASF to set up global services hub in Hyderabad, to create 3,000 jobs

German chemical giant basf is setting up two global services hubs in hyderabad. this significant expansion will create approximately 3,000 jobs. the new hubs will manage global finance and human resources functions. this move strengthens basf's presence in
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

BASF to set up global service, digital hub in Hyderabad

Basf, a major chemical company, will establish a new global service and digital hub in hyderabad. this facility is slated to open in the second quarter of 2026. it will support basf's worldwide operations in areas like finance and human resources. the hub
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Pharma exports surpass billion in FY26 despite global headwinds

Indian pharmaceutical exports reached over billion in fy26. march saw a significant 23% drop, primarily due to a slowdown in the united states and china. however, other markets like africa and oceania showed strong growth. vaccines emerged as the faste
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

NCLT upholds Aanand Rai's plea in row with Eros International

The nclt has permitted filmmaker aanand l rai to pursue arbitration in a dispute with eros international media. the tribunal deemed eros's petition a 'dressed-up petition' intended to bypass their arbitration agreement. this ruling favors rai, directing th
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Zee sues Nykaa over alleged copyright misuse of songs on Instagram reels

Zee entertainment has filed a lawsuit against nykaa. the company alleges nykaa used its copyrighted songs in instagram reels to promote products. zee is seeking damages of 0,000. nykaa's lawyer informed the court that the disputed links have been remove
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Jindal Stainless sees 7–9% growth, flags West Asia crisis impact on demand

Jindal stainless anticipates a volume growth of seven to nine percent this fiscal year. the company is preparing for potential impacts from the west asia crisis on demand. they plan to invest ?2,600 crore in capital expenditure. jindal stainless will revie
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

L&T bags 'large' BCGCL order for coal-to-chemicals plant in Odisha, 2,000 TPD capacity

Larsen & toubro has secured a landmark deal to develop a state-of-the-art coal-to-ammonium nitrate facility in odisha, poised to deliver 2,000 tonnes of ammonium nitrate daily. this venture not only bolsters india's aspirations for enhanced coal gasifi
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India’s realty equity inflows hit record .7 billion between 2024-Q1 2026

Between 2024 and early 2026, india’s real estate landscape witnessed an astonishing influx of over billion in equity capital, showcasing unprecedented investor enthusiasm. this surge, fueled by robust confidence and key structural enhancements, saw lan
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India flexible workspace market to expand up to 18% on GCC, startup demand: Crisil

India's flexible workspace sector is poised for significant growth. capacity is set to rise by 16-18% over the next two fiscal years, reaching 140-145 million sq ft. this expansion is driven by strong demand from various businesses seeking agility and cost
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Hyderabad emerges as the biggest market of South India’s ultra-luxury residential market

Hyderabad has become south india's top ultra-luxury housing market. transactions for homes over rs 10 crore reached rs 8,562 crore in fy'26. this segment has grown significantly in four years. bengaluru shows rapid growth in unit sales. chennai remains a n
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Gokula Education Foundation (Medical) launches RISM, a globally aligned STEM and Management university focused on AI, aerospace, and future-ready skills

Gokula education foundation partners with the university at albany to launch ramaiah institute of science and management (rism) in bengaluru. this new deemed-to-be university will offer next-generation stem and management programs, commencing in august 202
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Daryaganj announces the launch of its first Daryaganj Gold in India

Daryaganj restaurants has opened daryaganj gold in aerocity, new delhi. this new outlet offers an enhanced dining experience with a larger space and a special gold menu. it also features daryaganj's classic dishes. the brand plans to expand this premium fo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Over 800 luxury homes sold in Hyderabad, Bengaluru, Chennai in FY26 for Rs 11,246 crore: Report

Southern indian cities hyderabad, bengaluru, and chennai recorded significant sales of ultra-luxury homes. hyderabad led with 625 units sold, followed by bengaluru with 128 units, and chennai with 58 units. these sales highlight strong demand for high-end
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India fuel retailers face credit strain as high oil prices persist, says Fitch

If crude oil prices remain elevated, indian oil companies might find themselves under financial pressure. delaying adjustments to fuel prices could impact their profits and cash reserves. fitch ratings warns that sustained high prices, rather than brief su
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Iran's top negotiator warns Tehran 'not even started' in Hormuz standoff

Iran's chief negotiator in talks with the united states warned on tuesday that his country has "not even started" in its standoff over the strait of hormuz. "we know full well that the continuation of the status quo is intolerable for america; whilst we ha
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Beyond Parachute: Marico swaps coconut oil comfort for a premium growth playbook

Marico is strategically moving towards premium and digital brands. the company targets double-digit revenue growth, aiming to surpass ?15,000 crore by fy27. this shift focuses on higher-margin segments. marico anticipates steady demand recovery and aims fo
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

India throws Diet Coke parties as Iran war disrupts supplies

Diet coke parties are gaining popularity across india. a shortage of the beverage, linked to the iran war, has created a social media frenzy. bars and restaurants are organizing events with entry fees offering diet coke, music, and activities. these gather
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

Enduring wealth, lasting wellness. People in India are living longer. Are they also living well?

India's rising life expectancy faces a longevity paradox, with increased years not always translating to good health, compounded by rising medical inflation and low insurance penetration. standard chartered is bridging this gap by integrating health and we
Tag: Industry India    Source: indiatimes.com   Dated: 2026-05-05

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