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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

India's telcos implement SMS traceability to combat spam and enhance security

Indian telecom operators have implemented a system to track commercial sms messages, aiming to curb spam and fraud. over 90% of principal entities have registered, ensuring minimal disruption to legitimate messages like otps. full blocking of non-complia
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Telcos, OTT firms lock horns at talks over spam and scam

Telecom companies and tech firms clashed over regulations to curb online spam at a trai open house. telcos urged for ott platforms and telemarketers to be held accountable, while tech players argued against bringing otts under trai's purview, citing existi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Legacy two-wheeler giants gear up to challenge startups with electric scooters, bolstering sales and service networks

Traditional two-wheeler manufacturers are expanding their sales and service networks in anticipation of launching several electric scooter models. this move aims to compete with ev startups by addressing customer dissatisfaction with product quality and s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

HUL appoints Vivek Mittal as Executive Director, Legal and Corporate Affairs

Hindustan unilever limited (hul) has appointed vivek mittal as its new executive director of legal and corporate affairs. mittal, currently global general counsel at dr. reddy's laboratories, brings over 25 years of experience and will succeed dev bajpai
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

India's ReNew Energy offered to be taken private in .82 billion deal

A consortium of major renew energy global investors, including cppib and masdar, has proposed taking the company private in a deal valued at .82 billion. the offer of .07 per share represents an 11.5% premium, aiming to provide shareholders with immedi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

FMCG sector needs to reignite volume expansion, embrace distribution innovation, say experts

India's fmcg sector faces a growth challenge. experts at a cii summit stressed the need for volume growth and innovation. modern trade and quick commerce offer new opportunities. companies must adapt to changing consumer behavior and leverage digital ca
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Odisha govt approves 7 renewable energy projects worth Rs 1,386 cr

Odisha's government approved seven renewable energy projects totaling 192.41 mw and worth ₹1,386.09 crore. these projects, including wind and solar installations, aim to bolster the state's sustainable energy infrastructure and advance the odisha renewa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Telcos deploy tech to block all pesky messages: COAI

Telecom operators in india have implemented technology to block pesky messages, effective december 11, 2024. this follows a mandate from the telecom regulatory authority of india (trai) requiring all commercial messages to be traceable. the move aims to
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Sarovar Hotels to breach the Rs 2,000 crore revenue mark next year: CEO Jatin Khanna

Sarovar hotels experienced record growth in 2024, opening 26 hotels and signing 42 more. they aim to surpass rs 2000 crore in revenue next year, expanding their presence in tier 2, 3, and 4 cities, religious destinations, and key metros. strong domestic
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Coca-Cola divests Jharkhand bottling operations to Moon Beverages

Hindustan coca-cola beverages (hccb) has sold its jharkhand bottling operations to moon beverages, a major franchisee bottler. this move aligns with coca-cola's global asset-light strategy. moon beverages, owned by the mmg group, already handles bottling i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

CA Technologies’ India arm renews lease for 1.08 lakh sq ft office in Pune’s Kharadi

Ca technologies, now part of broadcom, has renewed its lease for over 1.08 lakh sq ft in pune's eon free zone for five years. the deal, valued at rs 1.23 crore monthly with a 5% annual escalation, includes parking and a three-year lock-in period. this ren
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

SWITCH Mobility rolls out EiV12 and E1 low floor electric city buses

Switch mobility launched two new electric city buses, the eiv12 for india and the e1 for europe. the eiv12 boasts a scalable battery capacity exceeding 400 kwh, while both models share a common design. the company has already secured 1,800 orders and anti
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Reliance, ReNew among 14 firms bid for incentives for green hydrogen production

Fourteen companies, including reliance and renew, have submitted bids for india's green hydrogen transition scheme. the bids total 450,000 tonnes of capacity, vying for a maximum of rs 5,400 crore in incentives over three years. the scheme aims to boost
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Electronic giants shift entry-level production to contract manufacturers to free up capacities in their plants

Major electronics brands like samsung, lg, oppo, vivo, and voltas are shifting entry-level product manufacturing to contract manufacturers in india. this move allows them to focus on the growing mid-to-premium segment as entry-level sales decline and consu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

India's non-fossil based capacity rises 14 pc to 214 GW

India's non-fossil fuel based power capacity reached 213.7 gw in november 2024. this is a 14.2% yearly increase. 14.94 gw of renewable energy was added between april and november 2024. solar capacity reached 94.17 gw. wind capacity reached 47.96 gw. nucl
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

India headed toward green energy, EV subsidies are short term: Mahindra MD Anish Shah

Mahindra & mahindra's managing director, anish shah, announced the company's commitment to 100% renewable energy within two years. he highlighted the decreasing cost of renewables and india's potential as a manufacturing hub. shah advocated for short
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Clerkage charge is levied on cancellation of all waitlisted tickets: Railway Minister Ashwini Vaishnaw

The railway ministry levies clerkage charges on all waitlisted ticket cancellations, using the revenue for maintenance and operations. responding to a question about waiving these charges, railway minister ashwini vaishnaw stated that these tickets address
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Railways developing new app for passenger services: Vaishnaw

The indian railway ministry is developing a mobile application for passengers to book unreserved tickets, file complaints, and track trains. telugu desam party mps inquired about the app's launch date and development costs. railway minister ashwini vaish
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Reliance NU Suntech bags 930-MW solar project with 1,860 MWh storage system from SECI

Reliance nu suntech secured india's largest single solar project, a 930 mw capacity with a 1,860 mwh battery storage system, from seci. the project, won at a tariff of rs 3.53/kwh, includes a 465 mw/1,860 mwh storage capacity and will be connected to the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Star Air to connect Hyderabad and Lucknow with Jharsuguda and Raipur

Star air is expanding its network by connecting hyderabad and lucknow with jharsuguda and raipur starting january 1st. this increases their destinations to 24 and supports their plan to grow their fleet to 25 aircraft within three years, focusing on enhan
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

GMR may consider second runway, terminal at Hyderabad Airport once pax hits 45 mn: Official

Gmr group, managing rajiv gandhi international airport, plans to add a new terminal and runway once annual passenger traffic reaches 45 million, projected by 2030. the airport, currently handling 30 million passengers, unveiled an ai-powered airport predi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

SC issues contempt notice to Anil Ambani firm, Axis Bank

The supreme court demands answers from delhi airport metro express and axis bank. the court wants to know why they haven't refunded a large sum to delhi metro. dmrc says the companies haven't followed a court order. the amount owed is over 4500 crore rupee
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Amendment to act to deal with hoax callers under inter-ministerial consultation: Aviation Minister

The civil aviation ministry is amending the suasca act to address unlawful acts against aviation safety, including hoax bomb threats. a centralized data repository is being created, integrating data from sources like digi yatra. india's aircraft count is
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-11

Subscribers return to private telcos amid BSNL's network challenges

Mobile users are switching back to private telcos like airtel and jio. bsnl gained subscribers after the july price hikes. however, its network issues are driving users away. bsnl's 4g rollout is slow, and 5g is absent. airtel and jio are regaining the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Reliance Industries seeks up to billion loan for refinancing

Reliance industries is discussing a potential billion loan with banks to refinance debt due in 2025. this move would mark the conglomerate's return to offshore borrowing since raising over billion in 2023. the loan comes as the indian rupee weakens
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Centre approves 2 GW Solar park for Rajasthan

Union minister pralhad joshi announced central financial assistance for a 2,000-mw solar park in rajasthan, praising the state's new clean energy policy. meanwhile, minister g kishan reddy highlighted the need for mine closure partnerships and encouraged
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

IL&FS fin to sell bad loans worth ₹2,200 cr

Il&fs financial services is selling ₹2,200 crore in loans to recover dues from skil infrastructure, gujarat-dwarka portwest, and skil-himachal infrastructure and tourism. these loans, classified as npas in 2017, are part of a larger ₹5,000 crore r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Gentari arm to supply 650 MW green power to AMG Ammonia

Gentari's indian subsidiary will provide 650 mw of continuous green power to am green ammonia india. gentari plans to establish 2,400 mwp of renewable energy capacity in andhra pradesh and karnataka, integrating solar and wind projects with energy storage
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

A&M planning to hire senior execs to expand corporate finance practice

Alvarez & marsal (a&m) is bolstering its corporate finance team in india, appointing mohit khullar as managing director. a&m plans to double its corporate finance staff to 40 professionals within two years, focusing on sectors like healthcare
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Avaada Group vows to pump in ₹1 lakh crore in Rajasthan

Avaada group pledged over ₹1 lakh crore investment in rajasthan's renewable energy sector by 2030. projects include a 1,200 mw pumped storage project, green hydrogen and ammonia ventures, and wind and solar projects. chairman vineet mittal advocated fo
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

ONGC may hold auctions to pick green energy project developers

Ongc plans to auction 1.2 gw of greenfield renewable energy projects in two 600 mw rounds. the first auction, in two months, seeks developers for end-to-end project development. ongc will secure power purchase agreements. the second auction will focus on l
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

AI on spam: How Airtel detects 8 billion spam calls in 2.5 months

The telecom operator said it spotted a million spammers a day and that its spam tracking solution led to a 12% fall in answered spam calls. mobile phone users in delhi got spammed the most, it said, while those in gujarat received the highest number of sp
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

India-China de-escalationto help Xiaomi's India operations

The india region is xiaomi's largest market outside of china in terms of revenue. anuj sharma, chief marketing officer at xiaomi india, said that the industry is now excited to start re-collaborating on the technology aspect that could come in because of t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Hot wheels: Luxe cars selling at huge discounts

Luxury carmakers like mercedes-benz, bmw, and audi are offering steep discounts, some as high as ₹15 lakh, to clear out inventory amid slowing sales growth. this has attracted some new buyers to the luxury segment, even as companies like mercedes and jag
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Subscribers return to private telcos as BSNL fails to deliver

Mobile users are switching back to private telcos like airtel and jio. bsnl gained subscribers after the july price hikes. however, its network issues are driving users away. bsnl's 4g rollout is slow, and 5g is absent. airtel and jio are regaining the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Vi Inks three-year deal network gear pact with Tejas

Tejas networks secured a three-year contract with vodafone idea (vi) to provide backhaul equipment for vi's 4g and 5g networks. this marks tejas networks' first deal with a private telecom carrier in india. vi aims to enhance its network capacity and perfo
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Airlines chase corporates with business class seats

Indigo is introducing business class seating on its domestic flights, challenging air india's dominance in the corporate travel market. this move aims to attract high-paying customers and increase profits, potentially leading to lower business class fares
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

CCI clears Thyssenkrupp Electrical Steel India's acquisition by JSW Steel’s JV arm

India's competition commission (cci) has approved several deals. jsw jfe electrical steel, a subsidiary of a jsw steel and jfe steel corporation joint venture, will acquire thyssenkrupp electrical steel india. the cci also greenlit abu dhabi national oil
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Tesla restarts search for New Delhi showroom with India's DLF

Tesla is back in india. the company is looking for showroom space in new delhi. it is talking with dlf for space in malls and commercial complexes. tesla wants to open experience centers and service areas. the company may import cars or invest in local
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

MFIs in no mood to buy cover despite rising asset quality stress, seek lower charges

Microfinance lenders hesitate to adopt the centre's credit guarantee cover due to high costs and stringent audit processes. while some lenders find the current stress transient, others seek a tailored scheme. high premiums and partial coverage make the sc
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Dr Morepen forays into wellness segment with weight management initiative

Dr. morepen launched a new weight management program, lightlife, to combat india's rising obesity rates. the program uses scientifically-backed ingredients and a holistic approach including personalized nutrition plans and exercise guidance. the company
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Reliance Power forms new arm for renewable energy business; appoints CEO, COO

Reliance power launched reliance nu energies, a renewable energy subsidiary, appointing mayank bansal as ceo and rakesh swaroop as coo. both bansal and swaroop previously worked at renew power. the new entity will focus on solar, wind, hybrid systems, and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Bajaj Auto probing 'smoke emission' from EV scooter component

Bajaj auto is investigating a smoke emission incident involving its chetak electric scooter in chhatrapati sambhajinagar on december 5. no fire or injuries occurred, and the battery remained intact. initial findings suggest the smoke originated from a pl
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

People with ambition to become pilots should look at 'fascinating' Indian market: IATA chief

Iata director general willie walsh expressed optimism about india's aviation sector, citing significant aircraft orders and growth potential. he encouraged aspiring pilots to consider india, highlighting job opportunities and the expanding market. walsh a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Air passenger numbers to top five billion in 2025: IATA

The international air transport association (iata) projects over five billion air passengers in 2025, marking a historic milestone. industry revenues are anticipated to surpass trillion due to decreasing fuel prices. despite supply chain disruptions a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

HDFC Bank leases an entire 8-storey Mindspace Business Parks tower in Navi Mumbai

Hdfc bank secured a large office space in navi mumbai. the bank leased an eight-storey building in mindspace airoli west. the lease is for ten years. the deal is worth over rs 320 crore. this includes a 15% escalation every three years. the building w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Agarwal Holdings buys Shapoorji Pallonji’s land in Mumbai’s Juhu for Rs 455 cr

Agarwal holdings has purchased a half-acre land parcel in mumbai's juhu area for rs 455 crore from the shapoorji pallonji group. this adds to their previous acquisitions of two juhu land parcels in september 2022, totaling rs 332.8 crore. this prime locat
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Zepto and NX Logistics India setup one of the largest warehousing facilities at Sumadhura Logistics Park

Sumadhura group leased a 1.8 lakh sq ft warehousing facility in bengaluru to zepto and nx logistics. this facility, within the sumadhura logistics park, supports zepto's expanding operations and advanced logistics. the park, with a planned investment of
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Government says 3,000 MW electrolyser manufacturing capacity coming up in country

India is boosting green hydrogen production by funding 3,000 mw of electrolyser manufacturing capacity. the national green hydrogen mission aims for 5 mmt annual production and 125 gw of renewable energy capacity. contracts for 412,000 tons of green hydr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Gross NPAs of public sector banks at Rs 3.16 lakh crore, over 3% of outstanding loans

Public sector banks held rs 3.16 lakh crore in gross non-performing assets (npas) as of september 30, representing 3.09% of outstanding loans. private sector banks reported rs 1.34 lakh crore in npas (1.86%). 580 large borrowers were classified as wilful d
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Poonawalla Fincorp ​appoints ​Fiserv's Salil Hajarnis as ​C​TO

Poonawalla fincorp appointed salil hajarnis as its new chief technology officer, effective december 10, 2024. hajarnis brings over 20 years of experience in technology leadership, including roles at fiserv and capgemini. he will spearhead the company's di
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Statiq partners with Vertelo to offer enhanced charging infrastructure

Statiq and vertelo have partnered to boost india's ev charging network. statiq will provide chargers and installation services, while both companies will collaborate on developing new charging sites. this partnership aims to expand statiq's network to 20,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Air India extends wireless inflight entertainment service to single-aisle fleet

Air india has expanded its wireless inflight entertainment service, "vista stream," to its single-aisle fleet. launched in august, the service allows passengers to stream over 1600 hours of content, including bollywood and hollywood movies, documentaries,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Yash Raj Films, Posham Pa Pictures to jointly produce theatrical films starting 2025

Yash raj films (yrf) has partnered with posham pa pictures to co-produce theatrical films starting in 2025. posham pa pictures, known for projects like kaala paani and jaadugar, brings a unique creative voice. the collaboration aims to deliver fresh, innov
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

PD Singh, Rahul Shukla, Ranganathan shortlisted for StanC India CEO

Standard chartered bank has shortlisted three candidates to replace outgoing india and south asia ceo zarin daruwala. former jp morgan india ceo pd singh is reportedly the frontrunner, alongside hdfc bank's rahul shukla and standard chartered's own venugo
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Migsun group to invest Rs 160 crore in a commercial project in Greater Noida

Migsun group is investing rs 160 crore in a new mixed-use project in greater noida. the recently acquired 3-acre site will host retail shops, a food court, and premium business suites. this self-funded project reflects migsun's financial strength and com
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

EKA Mobility gets Rs 150 cr order from UPSRTC for e-buses

Eka mobility said it will also supply chargers to enable smooth operations, adding that both projects include long-term annual maintenance contracts to maintain peak performance for the next 10 years.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

India's copper demand surges 13% in FY2024, driven by economic growth & infrastructure boom

Copper demand in india grew 13% in fy2024, reaching 1700 kilotonnes, driven by economic expansion, particularly in building construction and infrastructure. while domestic copper production has been flat due to smelter closures, imports surged by 103%. the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

Xiaomi says it has no plan to launch its electric car, SU7, in India

Xiaomi's electric car, the su7, won't be coming to india anytime soon. the company is prioritizing the chinese market after successful initial sales there. the su7 boasts impressive range options and competitive pricing against tesla's model 3. xiaomi ai
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

StanChart picks ex-JPMorgan executive as next India head, sources say

Standard chartered has nominated p.d. singh, former jpmorgan india chief, as its next ceo for india and south asia. the bank has sought approval from the reserve bank of india for the appointment. if approved, singh will replace zarin daruwala, who is ret
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-10

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