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

Laurus Labs biotech unit raises Rs 120 crore from Eight Roads Ventures

Laurus Labs biotech unit raises Rs 120 crore from Eight Roads Ventures

Laurus bio has secured ₹120 crore in equity investment from eight roads ventures and f-prime capital, with laurus labs co-investing ₹40 crore. this funding will expand laurus bio's fermentation-based manufacturing to meet growing demand for its animal
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

An Elon Musk concept begins to gather speed in India

An Elon Musk concept begins to gather speed in India

India's first 410-meter hyperloop test track is now complete, thanks to a collaboration between indian railways, iit madras, and startup tutr. this achievement marks a significant step in developing cost-effective hyperloop technology, a futuristic transp
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

ICAI takes disciplinary action in 172 cases in over 6 months

ICAI takes disciplinary action in 172 cases in over 6 months

The institute of chartered accountants of india (icai) has taken disciplinary action against 172 of its members in the past six months for misconduct. since 2007, over 2,600 cases have been investigated, with hearings concluded in over 2,200. penalties ran
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Netflix breathes life into Gabriel García Márquez's One Hundred Years of Solitude as adaptation hits screens in Havana

Netflix breathes life into Gabriel García Márquez's One Hundred Years of Solitude as adaptation hits screens in Havana

Netflix is bringing gabriel garcía márquez's "one hundred years of solitude" to the screen for the first time. the 16-episode series, filmed entirely in colombia, premieres two episodes at the havana film festival. this adaptation, a commitment to span
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Tata Power to invest Rs 1.46 lakh cr to scale up capacity to 32 GW by 2030: CEO Praveer Sinha

Tata Power to invest Rs 1.46 lakh cr to scale up capacity to 32 GW by 2030: CEO Praveer Sinha

Tata power plans a rs 1.46 lakh crore investment to double its operational capacity to 32 gw by 2030, focusing on renewables. the company aims to increase transmission line and distribution reach significantly. a new 4.3 gw cell and module plant in tamil
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Waaree Energies sets up arm in Australia

Waaree Energies sets up arm in Australia

Waaree energies announced the incorporation of a new subsidiary, waaree renewable energies australia pty ltd, aimed at expanding its renewable energy business in australia. the wholly owned subsidiary was established on december 6, 2024, according to a fil
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Your Kerala travel guide: 6 best places to visit for an unforgettable journey

Your Kerala travel guide: 6 best places to visit for an unforgettable journey

Kerala, with its lush landscapes, serene backwaters, and vibrant culture, offers an experience like no other. here are 8 must-visit places that will make your trip to god's own country truly unforgettable.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

India's first Hyperloop test track, designed for 1,100 kmph speed, gets ready at IIT Madras, Ashwini Vaishnaw shares video

India's first Hyperloop test track, designed for 1,100 kmph speed, gets ready at IIT Madras, Ashwini Vaishnaw shares video

India's first hyperloop test track is ready. iit madras and tutr built the 410-meter track. the avishkar hyperloop team aims to create a vacuum train. a longer 11.5-kilometer track is planned. the hyperloop could revolutionize travel between mumbai and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Maruti Suzuki to increase prices across models from January 2025

Car prices are going up. maruti suzuki will raise prices by up to 4% starting january 2025. hyundai motor also announced price hikes from january 1, 2025. luxury brands like mercedes-benz, bmw, and audi are following suit. rising input costs and operati
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

RBI has found A(I) way of handling frauds and mule accounts

Rbi governor shaktikanta das announced a new initiative to combat financial fraud. the central bank is piloting an ai model, mulehunter, to detect mule accounts. this model helps identify accounts used by fraudsters. rbi encourages banks to collaborate on
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

RBI's Shaktikanta Das has a few suggestions for banks to further boost India's financial strength

Rbi mpc: the reserve bank of india (rbi) governor shaktikanta das announced measures to address unclaimed deposits by segregating beneficiary accounts through direct benefit transfer (dbt). the rbi also increased interest rate ceilings on foreign currency
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

A comprehensive approach to diabetes care

India faces a significant diabetes challenge, with high prevalence, underdiagnosis, and poor control contributing to early complications and cardiovascular risks. aggressive screening, lifestyle changes, and individualized treatment plans are crucial for
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

UK's Vodafone sells 3% Indus stake in multiple block deals for Rs 2,801.7 crore; Morgan Stanley, BoFA, Blackstone, Kotak MF among buyers

Vodafone sold its final 3% stake in indus towers for rs 2,801.7 crore. multiple global investors purchased the shares. vodafone will use some proceeds to repay debt. the remaining amount will be invested in vodafone idea. this investment will help vodafone
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Centre tightens rules on district mineral foundations, plans to halt funds for non-compliance

The central government has strengthened its oversight of district mineral foundations (dmfs), introducing stricter guidelines for fund expenditure. non-compliant states risk losing funding, and investigations can be launched into mismanagement. dmfs, funde
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Pushpa 2 Hindi version could prove to be a hit strategy

Exhibitors and trade analysts predict a massive opening day for "pushpa 2: the rule," estimating global collections of ₹250 crore. advance bookings have crossed 3.2 million tickets, and the hindi dubbed version is expected to contribute significantly to
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Life sciences GCCs find a home in South

Multinational life sciences companies are flocking to southern india, driving record office leasing projected to reach 4 million square feet in 2024. major investments and government support for r&d infrastructure are solidifying india's position as a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Shipping firms scale up ops, help India ride growth wave

Shipping lines are bolstering capacity to accommodate india's burgeoning exports. maersk, hapag-lloyd, msc, and cma cgm are introducing new routes and enhancing services, aiming to improve trade efficiency and reduce costs. this expansion comes as india's
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

On close watch: Titan bets on rising premiumisation trend

Titan company is raising the base price of its watches to ₹3,000, driven by premiumization trends and rising income levels in india. despite a profit dip in the september quarter due to customs duty cuts on jewelry, the company's watch and wearables divi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-06

Food processing sector attracts USD 368.37 mn FDI till Sep FY25

India's food processing sector attracted usd 368.37 million in fdi during the first half of fiscal year 2025. major investments came from ireland, singapore, mauritius, the us, australia, and mexico. this follows usd 608.31 million in fdi during the prev
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

We are removing 'airlines may change the fare in 24 hours' clause to address irregularities in airfares: Civil Aviation Minister

Civil aviation minister k. rammohan naidu announced in rajya sabha that the ministry is eliminating the 24-hour fare change clause to stabilize airfares and improve affordability. while the government generally avoids regulating fares, it monitors the mark
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Aurobindo unit gets USFDA nod for generic cancer drug

Aurobindo pharma's subsidiary, eugia pharma, gets usfda nod for cancer drug pazopanib. the drug treats renal cell carcinoma and soft tissue sarcoma. launch expected in q4fy25. the market size is estimated at usd 106 million. aurobindo's shares closed sl
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

CCPA seeks additional documents from Ola on consumer rights violations and unfair trade practices

Ola electric faces another notice from the central consumer protection authority (ccpa) regarding consumer rights violations and misleading advertisements. the company has 15 days to provide further documentation. this comes amidst declining market share
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

UK electric vehicle sales surge 58% YOY in Nov, industry data shows

British electric vehicle sales surged 58% in november. this marks the eleventh straight month of growth. overall car sales dipped slightly. discounts boosted electric vehicle sales to meet government targets. the government is reviewing its zero-emissi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Foreign investors in love with Indian hospitals, write .5 billion cheque

India's healthcare sector is booming. hospitals now get the most foreign investment. this share has doubled since fy21. investors are eyeing hospitals like manipal and max. the sector is growing due to market size and insurance coverage. listed hospital
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Advantage India: After bumper Apple yield, Tata's crop diversification

India's electronics manufacturing is booming. apple's iphone production in india crossed billion. tata is becoming a key supplier, aiming to rival foxconn. the government plans new incentives for component manufacturing. major indian companies are jo
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Ericsson working on making network operations autonomous using GenAI agents

Ericsson is developing ai-powered telecom products. the company uses ai to automate network operations. generative ai will orchestrate various ai agents. these agents will monitor and manage networks. ericsson aims to achieve autonomous networks. the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Avg housing prices up in 23 major tier II cities; rates fall in 5 small towns: PropEquity

Housing prices in tier-ii cities across india witnessed significant fluctuations during january-september 2024. jaipur led with a 65% surge, while other cities like agra and guntur also saw substantial increases. however, some cities experienced declines
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

WeWork India hits 1 lakh desks, opens IWF Campus in Bengaluru, and signs two buildings with DLF

Wework india expanded its footprint with 3.43 lakh sq ft of new leases in major indian cities. the company now offers 1 lakh operational desks across india. a new bengaluru location is already open. two more spaces in gurugram and chennai will open by earl
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

MS Dhoni signs on as brand ambassador for Eurogrip Tyres

Eurogrip tyres announced on thursday that cricket icon mahendra singh dhoni has been named their brand ambassador. dhoni will represent the entire eurogrip product line, reflecting the brand's values of dependability and performance. tvs srichakra ltd.,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

OnePlus commits Rs 6,000 cr to India with Project Starlight

Oneplus is investing ₹6,000 crore (about 7 million usd) in india by 2027 under 'project starlight' to enhance device durability, improve after-sales services, and develop india-specific features. this includes addressing the green line display issue
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

NBCC arm HSCC bags work orders worth Rs 599.35 cr in Maharashtra

Nbcc's subsidiary, hscc, has secured two contracts totaling rs 600 crore from national health mission, maharashtra. one contract, worth rs 259.35 crore, involves establishing and operating 'hinduhridaysamrat balasaheb thackery aapla dawakhana'. the other,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Some ATMs to retract cash to tackle fake shutter overlay fraud: RBI

The reserve bank of india is partially reactivating atm cash retraction, a feature disabled in 2012 due to fraud. this move combats a new "fake shutter overlay" scam where criminals trap dispensed cash. the reinstated retraction aims to give customers a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Spectacular jump in electric vehicle sales under PM E-DRIVE scheme

India's electric vehicle (ev) market is experiencing a boom, fueled by the pm e-drive scheme. the initiative, running until march 2026, has spurred record-breaking growth in ev sales, particularly for two and three-wheelers. this surge aligns with india's
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

OnePlus to invest Rs 6,000 cr in India biz over next 3 years

Oneplus will invest rs 6,000 crore in india. the company commits rs 2,000 crore annually for the next three years. this initiative, project starlight, aims to boost product innovation. oneplus will improve services and develop india-specific features. the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Desi iPhone pride has a long way to scale the great Chinese wall

Apple's iphone shipments from india surged in 2024, surpassing samsung in sales for the second consecutive year. while india's production is expected to rival china's within five years, matching china's revenue contribution will take considerably longer d
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Hyundai Motor to increase prices across models from January 1, 2025

Hyundai motor india will raise vehicle prices across its model range by up to rs 25,000, effective january 1, 2025. the price hike is attributed to increased input costs, unfavorable exchange rates, and higher logistics expenses. hyundai had sought to ab
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Allu Arjun's Pushpa 2 hits cinemas! His 7 iconic films every fan must see

Allu arjun's highly anticipated pushpa 2 is finally here, igniting excitement among fans. as the buzz grows, explore his top 7 iconic films that showcase his versatility, action, and charismatic screen presence.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

GST authorities search three ICICI Bank offices

Icici bank announced that gst authorities conducted searches at three of its offices, with ongoing proceedings. the bank is fully cooperating by providing requested data. the maharashtra state gst department carried out these operations under section 67(1)
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Signature Global looking to take over stalled housing projects in Noida to expand biz

Signature global seeks land in noida, greater noida, and yamuna expressway to broaden its reach in delhi-ncr. the company is open to acquiring stalled projects without legal complications and plans to launch rs 50,000 crore worth of housing projects in the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Assocham seeks input tax credit on fitout services at managed workspaces

Assocham has urged the government to grant input tax credit (itc) to managed workspace companies for fitout services provided to tenants. this move aims to reduce costs, boost demand, and increase gst revenue. the current gst law restricts itc claims, hi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

IFFCO seeks govt nod to launch new nano NPK fertiliser in retail mkt

Indian fertilizer giant iffco developed nano npk. the new granular product awaits government approval. iffco will produce it at their kandla plant. a 5 kg bag will cost rs 950. this innovation aims to reduce urea and dap usage. iffco previously launch
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

India targets 1080 million tonne coal production for this fiscal: Minister

India focuses on coal power for growth. the nation targets 1080 million tonnes of coal production next fiscal. 27 coal mines are up for auction. this includes 20 new mines and seven from a previous round. the mines are expected to generate about rs 1,446
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

India is and will remain the biggest geography for us in Asia: Jean Salata, Chairperson EQT Asia

Eqt partners, a swedish private equity firm, has invested significantly in india, deploying billion in 18 months and realizing .4 billion in 24 months. they plan to expand into infrastructure, real estate, and industrial technology, with a focus on bu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Dr Reddy's unit gets penalty of Rs 28.7 lakh from Kazakhstan authority

Dr. reddy's laboratories' kazakhstan subsidiary has been fined rs 28.7 lakh (kzt 17,597,212) by the kazakhstani tax authorities. the penalty is for disallowed expenses claimed in 2021. dr. reddy's stated the penalty will not materially impact its financi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

BoB now 'Pension Disbursing Bank' in West Bengal, to now disburse EPS pension in the state

Bank of baroda and epfo partnered to disburse pensions in west bengal. the agreement benefits pensioners through the bank's extensive network. the bank has 300 branches and 400 atms across the state. this partnership simplifies pension withdrawals and do
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Electronics manufacturing sparks supply chain reaction from India Inc, collaborates with Govt for global integration

Major indian industrial houses are collaborating with the government to join the global electronics supply chain. inspired by tata's success with apple, these companies aim to produce components and materials for electronics manufacturing. this initiativ
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Jio, Airtel at loggerheads again over licence fee for DTH operators

Telecom giants jio and airtel clash over dth license fee waivers. airtel advocates for complete removal, citing parity with other platforms, while jio opposes it, arguing dth benefits from free spectrum, creating an unfair advantage. trai had previously re
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Ex-Ford India head may steer JSW MG Motor operations

Anurag mehrotra, former ford india head, is poised to become the new managing director of jsw mg motor india. he will succeed rajiv chaba, the current ceo emeritus, who is retiring on march 31, 2025. mehrotra recently served at tata motors and is expected
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

Ministry of Finance meets PSBs, investigative agencies on bank frauds

The finance ministry convened a meeting with public sector banks, government agencies, and investigative bodies like the cbi to expedite bank fraud investigations. amendments to the prevention of corruption act protect bankers' honest decisions, fostering
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-05

DGCA to streamline norms for Indian airlines' wet-leased plane operations

India's aviation regulator, the dgca, is streamlining regulations for wet-leasing aircraft to address rising travel demand and supply chain delays. this move aims to assist airlines facing grounded planes due to engine issues. the revised rules will enha
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Weak consumer sentiment & rising discounts fuel 'artificial demand': Honda Cars India President Takuya Tsumura

Honda cars india's president & ceo, takuya tsumura, highlighted weak consumer sentiment and increasing discounts driving "artificial demand" in the market. despite modest growth compared to last year, sales have been sustained primarily through these d
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

As Ambani and Tata lock horns, Indian consumers set to gain

Reliance and tata are once again competing in the indian retail market, with reliance retail challenging tata group's zudio with its new brand, yousta. launched in august 2023, yousta aims to tap into india's rapidly growing value fashion segment, which is
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Royal Enfield commences operations at Thailand-based CKD plant

Royal enfield, a subsidiary of eicher motors, has launched a new ckd assembly plant in thailand. this is their sixth international facility and aims to boost their presence in the growing mid-segment market in southeast asia. the plant has a yearly capaci
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Vodafone to sell remaining 3% stake in Indus Towers to clear Vi's debt

Vodafone plc: vodafone group announced it will sell its remaining 3% stake in indus towers. the 1 million proceeds from the sale will be used to repay outstanding borrowings secured against its indian assets.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Greenzo Energy, EODev partner to market hydrogen fuel cell power generators in India and Nepal

Greenzo energy and eodev partnered to bring hydrogen fuel cell power generators to india and nepal. greenzo will distribute and maintain eodev's zero-emission generators, powered by toyota fuel cell technology. this partnership aims to reduce reliance on
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Oyo parent, Oravel launch premium hotels in UK & Middle East

Oyo's parent company, oravel stays limited, launched its premium hotel brand, sunday, in the uk and dubai. the uk property, a restored historic building near canary wharf, joins existing sunday locations in india. oravel plans further sunday expansion in
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Honda to drive in 3 new models in India by FY27 to tap growth in SUV segment

Honda is gearing up to launch three new hybrid and electric suv models in india by 2026-27, aiming to capitalize on the growing suv market. the company recently launched the third generation of its compact sedan amaze, priced between rs 7.99 lakh and rs 10
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Focus on adding general coaches not AC coaches to railways' fleet: Ashwini Vaishnaw

Minister for railways ashwini vaishnaw informed the lok sabha on wednesday that the focus of the railways is on increasing the number of general compartment coaches rather than expanding ac1, ac2, or ac3 coaches. by the end of december, 1,000 general coach
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Star Cement denies reports of acquisition talks with Adani Group

Star cement has denied reports of being in acquisition talks with adani group's ambuja cement. the cement company, a market leader in the northeast, called the media reports speculative in a regulatory filing on wednesday. it affirmed its commitment to r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

Century real estate targets Rs 2,000 crore sales in FY25, reports record growth

Century real estate achieved ₹1,040 crore in sales during the first half of fy25, doubling its performance yoy. driven by strong pre-launch sales and demand for luxury residences, the company targets ₹2,000 crore for the full fiscal year. bengaluru's
Tag: Industry India    Source: indiatimes.com   Dated: 2024-12-04

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