Top India NEWS. Stock Market NEWS Updated Daily
Top India NEWS. Stock Market NEWS Updated Daily
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Top India NEWS. Stock Market NEWS Updated Daily
NCERT books will now be sold on Amazon as well through authorised sellers
Amazon india has teamed up with ncert to make textbooks available online. this will benefit students from kindergarten to class 12 and upsc aspirants. the initiative aims to provide easy access to genuine, affordable resources. designated vendors will ensu
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Indian alcoholic beverages to have up to 10% revenue growth in FY25: ICRA
India's alcoholic beverages companies are expected to see 8-10% revenue growth this financial year. this will be supported by increased spirit consumption and premiumisation. some state governments have granted price hikes, aiding revenue for fy2025. opera
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Pernod Ricard to set up malt distillery in Maharashtra
Pernod ricard india will establish a malt distillery and maturation facility in maharashtra, investing up to rs 1,785 crore over the next 10 years. the project will be located in butibori, nagpur, generating jobs and benefiting local farmers. it is part of
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Ericsson bags four more telecom circles for 4G, 5G deployment on VIL network
Ericsson has secured four additional telecom circles from vodafone idea for the deployment of 4g and 5g technology, expanding its footprint and market share. vodafone idea awarded a three-year telecom network contract worth rs 30,000 crore to ericsson, nok
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
India should aim to become clean energy exporter by 2030: Amitabh Kant
Amitabh kant emphasizes india's goal to achieve 750 gw of renewable energy capacity and become a clean energy exporter by 2030. he suggests establishing strong financial systems and leveraging international funds to meet renewable energy targets, focusing
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
IIM Shillong partners with Singapore's James Cook University to enhance global academic collaboration
Iim shillong has formed a new strategic partnership with james cook university in singapore. this collaboration includes exchange opportunities, joint degrees, and co-curricular activities to enhance student learning and global exposure. the partnership al
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Airbus to double sourcing from India every five years
Airbus plans to continually increase its sourcing of components from india, aiming to double it approximately every five years. ceo guillaume faury highlights india's potential to alleviate supply chain bottlenecks, especially given the high demand from ai
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
September auto retails down 9.26% on heavy rainfall, weak sentiments
Weak consumer sentiments and heavy rainfall led to a 9.26% drop in retail sales of passenger vehicles, two-wheelers, and commercial vehicles in september. this decline marks the first drop across all segments for the fiscal year. despite steep discounts, p
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Zaggle appoints former Kotak Mahindra Bank executive to board
Zaggle prepaid ocean services in mumbai has appointed virat sunil diwanji, the former head of consumer banking at kotak mahindra bank, as an additional director on its board. diwanji will join the board from october 4, 2024. diwanji has over 30 years of ex
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
HDFC Bank faces unscheduled downtime on net and mobile banking operations
Hdfc bank, india's largest private sector lender, experienced an unscheduled downtime in its net-banking and mobile banking services, affecting neft and rtgs transactions for over an hour. the bank quickly resolved the issue and continues to upgrade its it
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
DGCA bars low visibility landings in Boeing 737 planes due to defect in rudder control
India's dgca has issued directives for airlines operating boeing 737 planes. pilots are to avoid landings in less than 150 feet visibility and undergo specific training for jammed rudders. this follows a safety alert from the us ntsb regarding potential ru
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
India to spend over Rs 92,000 cr to build and revamp airports: Aviation Minister Ram Mohan Naidu
India's government will invest around rs 92,000 crore in constructing and expanding airports, aiming for 200 operational airports by 2025. civil aviation minister ram mohan naidu revealed this at a french aerospace event, highlighting a 9% increase in airl
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
India emerging as destination for most evolved supply chain capabilities: P&G India CEO
India is becoming a top choice for advanced supply chain capabilities, aided by digital advancements. p&g india ceo highlights the role of understanding consumer behavior and digital transformation in this growth. increasing disposable incomes and inte
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
NHSRCL invites bids for bullet train's track construction work in Maharashtra
Nhsrcl has invited bids from indian and japanese companies for the design, supply, and construction of tracks for the ahmedabad-mumbai bullet train project in maharashtra. the track will be 314 km long, and this marks the last track construction contract f
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Ravindra Kumar Kundu assumes office as Managing Director of Cholamandalam Investment and Finance Company
Ravindra kumar kundu has started his five-year term as managing director of cholamandalam investment and finance company. appointed in july, kundu brings over 36 years of experience in the automobile and financial services industry. he has been with the co
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
How the bottom-of-the-pyramid strategy worked out for Zudio
Tata group's trent has launched zudio beauty in bengaluru, expanding into affordable beauty products, after the success of zudio apparel stores. the company plans to open more stores in top cities. zudio, known for trendy low-priced clothing, has significa
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Enough Oil available in the world, India buying from 39 sources: Hardeep Singh Puri
India has broadened its oil procurement base from 27 to 39 sources to meet its increasing energy needs. union minister hardeep singh puri stated there is more oil available globally than consumption, ensuring stability in the market. with rising domestic d
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
MPs express unhappiness at BSNL service, telecom firm assures of improvement in 6 months
A parliamentary committee has criticized bsnl for declining service quality and shrinking customer base, citing personal experiences. bsnl officials assured service improvements within six months by upgrading nearly one lakh towers to 4g from the existing
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Hitachi Energy plans Rs 2,000 cr investment in India in next 5 years
Hitachi energy plans to invest rs 2,000 crore in india over the next 4-5 years. the funds will expand the capacity of transformers and increase the portfolio. rs 400 crore will be invested each year. the investment aims at enhancing hvdc capacity and offer
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Emami expects Q-commerce channel to grow five-fold in 2 years: VC & MD Harsha V Agarwal
Emami anticipates a four to five-fold increase in quick commerce sales within two years and is exploring more d2c acquisitions in nutrition, pet care, and health food sectors. the company expects strong festive season sales, bolstered by a good monsoon. em
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Global oil prices: India watching situation very carefully, says Hardeep Singh Puri
India is observing rising oil prices caused by middle east conflicts. oil minister hardeep singh puri expresses confidence in handling potential challenges. though supplies are currently stable, the threat of middle east escalation remains. oil companies w
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
France, India to set up aeronautics cluster; campus for aeronautics, space training
France and india are collaborating to establish an aeronautics cluster and an indo-french campus for professional training in aeronautics and space. this initiative aims to boost their long-term strategic partnership, particularly in defence and aerospace,
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Jaguar Land Rover retail sales fall 3 pc to 1,03,108 units in Q2
Jaguar land rover, owned by tata motors, saw a 3 per cent fall in retail sales in q2 of the current fiscal, with 1,03,108 units sold. retail sales for the first half of the year were up by 3 per cent at 2,14,288 units. production faced a 7 per cent decline
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
SBM Bank India announces key appointments in corporate, retail segments
Sbm bank india has named prakash jaiswal as head of corporate banking and nikhil rajadhyaksha as head of retail banking. jaiswal previously worked at hsbc bank india, while rajadhyaksha was with kotak securities. sbm bank india operates 17 branches across
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Jio seeks revised consultation paper as it ignores level-playing field for spectrum allocation
Reliance jio has urged trai to revise its consultation paper on spectrum allocation for satellite communication, emphasiing the need for a level-playing field between satellite and terrestrial services. jio highlights that ignoring this issue could undermi
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Credit growth continues to outpace deposits for PSU banks
Public sector banks saw stronger credit growth compared to deposit growth for the september quarter. bank of india, union bank of india, and indian bank reported credit growth between 10% to 14%, while deposit growth ranged from 8% to 10%, according to pro
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
India’s clean energy tech capacity to rise significantly by 2030: S&P
India's clean energy capacity is expected to surge by 2030, driven by strategic government initiatives like the production-linked incentive (pli) scheme. projections show significant growth in solar pv modules, wind nacelles, battery cells, and electrolyze
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
Value retail, jewellery and luggage to outperform footwear and QSR in July-September quarter
Retail sector performance for the july-september quarter is expected to be varied. value retail, jewellery, and luggage may perform well. footwear and quick service restaurants continue to face demand issues. retailers are investing heavily in network expa
Tag: Industry India Source: indiatimes.com Dated: 2024-10-07
LIC boosts stake in Pune-based Bank of Maharashtra from 4.05% to 7.10%
Lic acquired 3.376 per cent equity of the bank during the qip process at an average cost of rs 57.36
Tag: Business Markets India Source: business-standard.com Dated: 2024-10-06
IPO mkt braces for slowdown; 2 new issues targeting Rs 365 cr next week
After a wave of initial public offerings (ipos) in recent weeks, the primary market will experience a brief slowdown, with only two new public issues scheduled for the next week, aiming to raise rs 365 crore. there were 12 ipos in the mainboard segment and
Tag: Business Markets India Source: business-standard.com Dated: 2024-10-06
RBI interest rate decision, West Asia conflict to drive markets: Analysts
The reserve bank of india's (rbi's) interest rate decision, middle east conflict and trading activity of foreign investors are the key factors that will dictate investors' sentiment in the market this week, analysts said. moreover, quarterly earnings from
Tag: Business Markets India Source: business-standard.com Dated: 2024-10-06
FPIs withdraw Rs 27,142 cr in 3 trading sessions on geopolitical tensions
Foreign investors turned net sellers in october, offloading shares worth rs 27,142 crore in just the first three days of october due to intensifying conflict between israel and iran, a sharp rise in crude oil prices, and improved performance of chinese mar
Tag: Business Markets India Source: business-standard.com Dated: 2024-10-06
Mcap of 9 of 10 valued firms erodes Rs 4.74 trn; RIL, HDFC Bank hit hard
Nine of the top-10 most valued firms together lost a whopping rs 4,74,906.18 crore in market valuation last week, with reliance industries and hdfc bank taking the steepest hit, in line with weak trends in equities. markets faced heavy drubbing last week a
Tag: Business Markets India Source: business-standard.com Dated: 2024-10-06
Malls need to be 'more humane' towards delivery partners: Zomato CEO
Zomato ceo deepinder goyal on sunday said malls need to be "more humane" towards delivery partners, sharing his first-hand experience as a delivery executive picking up orders for the food tech giant. the zomato ceo and his wife grecia munoz, who changed h
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Samsung officials hold talks with TN govt amid ongoing labour strike
Senior officials of korean electronics giant samsung on sunday called on tamil nadu minister for industries trb rajaa here and discussed swiftly resolving the ongoing labour strike at their factory. the meeting was held following chief minister m k stalin'
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Exicom acquires US EV charging company Tritium for nearly Rs 310 crore
Home grown ev charging solutions firm exicom has acquired us-based dc fast charging technology company tritium for usd 37 million, or about rs 310 crore, a senior company official said. exicom managing director anant nahata told pti that the company is set
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Paytm focusing on consumer payments business: CEO Vijay Shekhar Sharma
Fintech firm paytm's immediate priority is to invest in its consumer payments business in an effort to recover lost user base following regulatory actions by the rbi, a top company official said on sunday. the rbi had restricted paytm payments bank from ac
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Tata Digital's financial services bet pays off as credit cards top 1.5 mn
According to tata digital's fy24 annual report, its financial services have witnessed significant growth, with its co-branded credit card reaching 1.18 million cards
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Canara Bank invites EoIs for counter bids on exposure to 3 NSL companies
The three nsl group companies include nsl sugar ltd, nsl krishnaveni sugar ltd, and nsl textiles ltd. nsl group is led by mandava holdings pvt ltd, the holding company
Tag: Company India Source: business-standard.com Dated: 2024-10-06
L&T eyes role in building NASA's successor to International Space Station
After powering isro's space missions for more than five decades, india's largest engineering firm larsen and toubro has now set its eyes on the international market, particularly the next international space station. l&t was earlier in talks with jeff bezo
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Ola founder Bhavish Agarwal, Kunal Kamra spar over service quality issues
A war of words broke out between ola founder bhavish agarwal and stand-up comedian kunal kamra on sunday on social media platform x over the after sales and service quality of the company's electric scooters. it started when kamra responded to a post on x
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Godrej, Macrotech sell properties worth over Rs 22,000 crore in Apr-Sep
India's two big realty firms godrej properties and macrotech developers have sold properties worth over rs 22,000 crore during april-september, up 56 per cent annually, on strong demand for premium homes. godrej properties sells its real estate projects un
Tag: Company India Source: business-standard.com Dated: 2024-10-06
LIC boosts stake in Pune-based Bank of Maharashtra from 4.05% to 7.10%
Lic acquired 3.376 per cent equity of the bank during the qip process at an average cost of rs 57.36
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Eco Hotels looks to become profitable by end of FY26; acquires 3 properties
Eco hotels and resorts ltd looks to become profitable by the end of next fiscal and has acquired three properties with around 178 keys, according to a statement. the hospitality company which aims to develop eco-friendly properties with zero carbon footpri
Tag: Company India Source: business-standard.com Dated: 2024-10-06
SBI plans to recruit around 10,000 new employees during FY25 for efficiency
The country's biggest lender state bank of india (sbi) intends to recruit about 10,000 new employees during the current financial year to meet its general banking requirement and foster its technical prowess. the bank has invested significantly in technolo
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Adani Group starts India's biggest hydrogen blending in natural gas project
Adani group has started blending green hydrogen in natural gas that is supplied to households for cooking purposes in parts of ahmedabad, with a view to cut emissions and meet net-zero targets. adani total gas ltd, the group's city gas joint venture with f
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Amul ready to enter European market after recent success in US: MD Mehta
Managing director of amul and gujarat co-operative milk marketing federation ltd (gcmmf) jayen mehta said amul's recently launched milk in us has been "highly successful" and they are now ready to enter the european market, which would mark a historic mome
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Birla's Hindalco, Jindal's JSW Steel in race for copper mines in Jharkhand
Aditya birla group firm hindalco industries and sajjan jindal-led jsw steel are in the race for two copper mines in jharkhand which will be put on sale this month, sources said. both mines have a combined capacity of three million tonne per annum. hindalco
Tag: Company India Source: business-standard.com Dated: 2024-10-06
Status-quo on rates likely, say experts ahead of RBI's policy review
The reserve bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the middle east crisis deteriorating furth
Tag: Finance India Source: business-standard.com Dated: 2024-10-06
DoT sends notice to Vi for not submitting bank guarantees
The department of telecommunications has issued a notice to vodafone idea for failing to submit bank guarantees for past spectrum auction dues. despite initial rejections, a waiver is being reconsidered due to vi's financial situation and recent reforms, p
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
As competition heats up, OTTs eye profitability
Indian ott platforms are now focusing on profitability over subscriber growth and content expansion. competition and resource constraints prompt this shift. entities like hoichoi, zee5, and altt showcase reduced losses and increased revenue through diversi
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
Reliance Jio puts 5G expansion in slow lane; to focus on upgrading 4G users
Reliance jio and bharti airtel are delaying further expansion of their 5g networks due to low capacity utilization and pending monetization. both companies are focusing on upgrading their 4g users to 5g, with jio already covering over 90% of india's popula
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
NCLT initiates insolvency proceedings against Jupiter Landscapes over Rs 573 cr debt
The national company law tribunal has ordered the corporate insolvency resolution process for jupiter landscapes due to defaulting on non-convertible debentures worth rs 573.98 crore. the default occurred in march 2023. edelweiss asset reconstruction compa
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
Colt DCS, RMZ in advanced talks to set up billion joint data centre platform in India
Colt dcs, backed by fidelity investments, is in advanced talks with rmz corp to jointly invest over billion in developing data centres across key indian cities, starting with mumbai and chennai. colt is planning a 125-130 mw data centre in navi mumbai a
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
Regulator seen nudging insurance cos to list
The insurance regulatory and development authority of india (irdai) is encouraging insurance companies, especially those operating for over a decade, to go public. by engaging with senior executives, irdai aims to enhance corporate governance and unlock gr
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
AIFs, govt in talks over 'carry income' tax
The indian government seeks insights from the private equity and venture capital sector on global tax practices for fund managers' carried interest as it examines the imposition of gst on such earnings. a recent supreme court decision helps facilitate ongo
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
ONGC will now have a four-pronged strategy for growth', says director Arunangshu Sarkar
Ongc is implementing a four-part strategy to become an integrated energy company. this includes diversifying into renewable energy, enhancing existing operations, adopting digital tools, and expanding in petrochemicals. the company also aims to achieve net
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
Tata Group forays into mass-priced beauty segment with Zudio Beauty
Noel tata-led trent has launched zudio beauty, a new affordable beauty store, aiming to compete in the mass-priced beauty market. the first store opened in bengaluru, with plans to expand to more cities. zudio's success in the apparel sector hints at furth
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
RINL revival plan likely by December
By december, the government plans to finalize a revival strategy for rashtriya ispat nigam ltd (rinl), addressing its ₹7,500 crore near-npa debts. short-term measures include a ₹1,140 crore loan and a ₹500 crore emergency grant, as operational assess
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
Rs 14,700 cr allotted to Madhya Pradesh for rail development: Railway Minister Ashwini Vaishnaw
Madhya pradesh has received rs 14,700 crore for railway development. the jaura to kailaras route has been converted to broad gauge. the gwalior-sheopurkalan track is under conversion, to be completed by july 2025. the project aims to boost socio-economic d
Tag: Industry India Source: indiatimes.com Dated: 2024-10-06
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