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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

DDA luxury flats scheme turns nightmare for buyers: Allottes complain about shocking construction quality, delayed possession

Allotees of dda's luxury flat in dwarka, sector 19-b have raised concerns about construction quality issues such as uneven construction, rusting fittings. the dda has also informed rera about a potential completion extension to october 2024, causing financ
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

For 3rd term, BJP eyes rooftop solar to get to the masses

Bjp's plan for energy independence by 2047 includes rooftop solar outreach, 300 gw solar by 2030, and clean energy excellence center. they aim to challenge china's dominance in renewable energy sector.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

From Steam Engine to Vande Bharat: Tracing the 171-year journey of Indian Railways since April 16, 1853

Indian railways, established in 1853, boasts a remarkable 171-year journey shaping india's transportation landscape. starting with the bombay-thane route, it rapidly expanded, witnessed electrification, and embraced modernization through reorganization and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

PM Modi on Elon Musk's India plans: 'Paisa kisi ka bhi ho, paseena mere desh ka lagna chahiye'

Pm modi emphasizes the importance of local manufacturing in investment, welcoming global companies like tesla. he discusses the growth of the ev sector and investments by tech giants in india, aligning with the 'make in india' initiative for sustainable de
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Cipla to acquire Ivia Beaute's cosmetics, personal care distribution, and marketing business for Rs 130 crore

This strategic move is aligned with cipla's focus on enhancing its consumer healthcare and wellness portfolio, it added. the acquisition will include ivia beaute's brands namely astaberry, ikin and bhimsaini on a worldwide basis, the company said. on the c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Industrial and warehousing demand remains stable at 7 mn sqft in Q12024

In q1 2024, india's industrial and warehousing space demand held steady at 7 million sq ft, with a 6% sequential leasing decline due to softened demand. mumbai and chennai led with 55% share, driven by 3pl and retail sectors. e-commerce leasing surged 2.3
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Maruti Suzuki Swift 2024 coming in May. Here's what we know so far

The 2024 maruti suzuki swift brings upgrades like design changes, technology enhancements, and safety features. with a z-series 1.2-litre engine and mild-hybrid option, it offers good fuel efficiency. the availability of hybrid technology in the india-spec
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

CEIB pushes for mandatory clearance for private banks, posing loan challenge

The central economic intelligence bureau (ceib) has urged the department of financial services to mandate private banks to seek clearance from ceib, similar to government banks, before granting loans to companies. this requirement, once implemented, will c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Ahmedabad-Delhi bullet train project: Total travel time, proposed stations, and other details

Bjp promises bullet trains in manifesto. ahmedabad-mumbai project progresses. new high-speed rail project to reduce travel time. route includes key stations. nhsrc oversees the project, utilizing lidar surveys for connectivity.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Kotak sees India index inclusion improving liquidity for banks

The move is expected to unlock funds for lending purposes and ease the pressure on banks that have been relying on costly deposits to disburse loans, manian said in an interview. kotak holds securities well in excess of the minimum statutory liquidity rati
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Elon Musk's Starlink one step away from getting greenlit in India with in-principle govt nod

The telecom ministry has granted an in-principle approval to elon musk's starlink for satellite communications services in india, ahead of musk's visit to the country. the approval follows almost three-and-a-half years of deliberation and awaits final vett
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Coal keeps powering India as booming economy crushes green hopes

India's energy dilemma at tuticorin plant showcases the struggle to shift from coal to renewables. despite global pressure, the country leans on coal, hindering efforts to reduce greenhouse gas emissions and ensure reliable electricity for its growing popu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

India harvest helps Apple offset global shipment drought

Iphone shipments in india, the world's second largest smartphone market, rose to 2.5 million units in the march quarter from 1.8 million units a year earlier, according to industry estimates.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Hinduja arm asks NCLT to junk BHEL insolvency plea

Hinduja national power corporation ltd (hnpcl) has requested the dismissal of an insolvency petition filed by public sector undertaking bharat heavy electricals ltd (bhel) due to the psu's failure to complete the project as per the contract. the case has b
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Scaling up transmission, hydro policy in power ministry's 100-day plan

Power ministry prioritizes enhancing transmission lines, hydro policy, psp, sovereign green bonds, and cost reflective tariff. it aims to strengthen the network, sanction projects, boost energy storage, ensure cost recovery, and seek viability gap funding
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Digiyatra CEO denies storing passenger data

Digiyatra foundation is a not-for-profit company owned by airports authority of india and other private airports. it is exempt from the right to information act.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Warehousing companies, institutional investors pivot to meet shifting demands

The global institutional investor is looking to more than double its warehousing portfolio in the country to 100 million sq ft from 40 million sq ft in the next 3-5 years.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

RBI directs payment aggregators to undertake due diligence of merchants on boarded

The delhi high court has ordered a consortium of 13 lenders, including punjab national bank, to upgrade jindal india thermal power's non-performing asset status to standard. the order was passed after jindal india filed a complaint with the court, claiming
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Delhi HC asks PNB consortium of lenders to upgrade Jindal India Thermal Power's NPA status to standard

The delhi high court has ordered a consortium of 13 lenders, including punjab national bank, to upgrade jindal india thermal power's non-performing asset status to standard. the order was passed after jindal india filed a complaint with the court, claiming
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Patanjali's Ramdev, Balkrishna still not off the hook, says Supreme Court

The apex court also gave ramdev and balkrishna a week’s time to take steps “to redeem themselves and demonstrate” their bona fides in relation to the advertisements and asked both to be present before it on april 23, the next hearing.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Our India deal pipeline for 2024 is bn, volumes have ramped up unprecedently: Jean Salata, EQT Chairman

Foreign investors are getting more confidence in both public market and private market investments in the country. the biggest deployer of capital in recent years in the country, eqt outpaced their global buyout pe private equity peers including blackstone
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Licence application of Starlink in process; security aspects being examined: Sources

The fdi and financial aspects are in sync with the requirements and conditions, sources said, adding that the ownership 'declaration' has also been received from starlink.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

CCI approves extra stake purchase in Thyssenkrupp Industries India

Thyssenkrupp industries india mainly provides engineering, procurement and construction services to execute turnkey projects in various industries and after-sales services, the antitrust regulator said in a statement. it also manufactures and sells various
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Fitch affirms ratings of public sector banks

The ratings firm has affirmed the ratings of canara bank, state bank of india, bank of baroda new zealand, union bank of india and punjab national bank, bank of india and bank of india new zealand at bbb- fitch has also fitch has also affirmed the bank's v
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Bharti Airtel hits 5.9 million 5G customers mark in TN

Bharti airtel deploys 5g in tamil nadu, serving 5.9 million users. the company prioritizes network infrastructure, ensuring consistent, reliable connectivity for customers embracing 5g technology.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Zee-Sony merger: Zee Ent announces withdrawal of merger implementation application from NCLT against Sony

Zee entertainment limited has withdrawn its merger implementation application filed against sony, citing legal advice. the decision allows the company to continue aggressively pursuing its claims against sony in ongoing arbitration proceedings at the singa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

PC Jeweller gets board's approval to raise Rs 2,000 cr fund via rights issue, convertible warrants

Pc jeweller plans to raise rs 2,000 crore through rights issues and preferential allotment. share capital and memorandum changes approved. proceeds to clear financial liabilities, subject to lender approval.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

HPE starts rolling out made-in-India servers; plans to enhance local sourcing

"hpe's plan to manufacture servers in india aligns with its broader objective of supply chain diversification and resiliency. the company is actively exploring opportunities to deepen localisation by leveraging vvdn's backward integration capability and ex
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Gurgaon RERA penalises Vatika for violation of builder buyer agreement

The real estate regulatory authority (rera) court in gurugram has penalized vatika limited for violating the builder buyer agreement. the court imposed a penalty of rs 1,00,000 for each complaint and directed the promoter to execute the buyer's agreement w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Vodafone Idea raised Rs 5,400 crore from nearly 60 anchor investors

According to sources, institutions such as gqg partners, ubs, morgan stanley investment management, australiansuper, fidelity, and domestic mutual funds like quant and motilal oswal were among those that subscribed to the telecom operator's anchor book. so
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Boardroom Leela: Why are ITC and Hotel Leela at loggerheads?

The battle between the two has been raging for the last five years and, of course, hotel leelaventure limited (hlv) has contested claims made by itc which holds a 7.92% stake in hlv.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Aditya Birla Capital seeks to double customer base through new digital app

Aditya birla capital ltd (abcl), a non-banking finance company of the billion cement to fashion group, plans to double its customer base in three years through a new digital application. the application will allow the company to lend, sell insurance, a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

India likely to construct 5-8% more roads y/y in 2024/25 - ICRA

Icra guides india's road expansion, doubling highways under modi. huge capital spending fuels construction acceleration. nitin gadkari targets 35 km/day in the current fiscal year.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Brigade Group reports best ever performance in FY24

The company has achieved record presales of rs 6,013 crore in fy24 and rs 2,243 crore in q4 fy24, the highest ever for both a quarter and a financial year.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Sunteck Realty records 26% on-year rise in January-March pre-sales

The developer’s collections for the quarter grew to rs 296 crore taking its total collections for the financial year to rs 1,236 crores, the company said in a release.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Realty co Baashyaam in talks with Standard Chartered Bank to buy Chennai land for ₹800 cr

Baashyaam constructions is in talks with standard chartered bank to buy a 4.6-acre plot in chennai for around ₹800 crore. the land, originally owned by anz grindlays bank, was part of standard chartered's takeover. the deal is being negotiated at ₹7.5-
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Vi to rollout 5G within 9 months of fundraise: CEO Akshaya Moondra

Vodafone idea (vi) plans to roll out 5g services in six-nine months after completing its equity funding round of ₹20,000 crore this quarter. the company plans to spend over 70% of its over ₹45,000 crore fundraise via debt and equity into capex for 5g r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

ChrysCap buys small stake in generics company La Renon for Rs 600 cr

Incorporated in 2007 by pankaj singh, la renon is engaged in the manufacturing and marketing of branded generic formulations. chryscapital is close to acquiring a minority stake in la renon healthcare via secondary sale of shares, at a valuation of rs 6,50
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Hotel Leela Venture challenges ITC's shareholder oppression claims

Itc is opposing that sale transaction claiming it was to the detriment of minority shareholders. the cigarettes-to-fmcg conglomerate owns a stake in hlv limited.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-16

Funds for rural housing scheme okayed till September

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

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

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

Fairfax arm infuses Rs 500 crore into IIFL Finance: Sources

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

GAIL plans to double capacity at its Dabhol LNG terminal

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

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

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

Royal Phillips to expand its Healthcare Innovation Centre in Pune

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

Varthana Finance secures mn debt from BlueOrchard Finance

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

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

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

Ramkrishna Forgings secures Rs 270 crore order for Vande Bharat trains

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Tesla scouting for its first India showroom locations in these cities

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

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

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

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

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

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

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

Housing market continues to defy higher mortgage rates, property prices

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

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