Industry News

Tata Steel commissions ₹9,067 crore facilities at Kalinganagar plants

The new facilities include galvanising and annealing lines, a slurry pipeline and an air separation unit, while the NINL expansion aims to boost steelmaking capacity in Odisha.

SBI Mutual Fund leans on brand, SBI's network to deepen B-30 penetration

Plans to add more branches as it looks to expand investor pool, says new CBO

Datanomics: India's milk production increases faster than consumption

Union Home and Cooperation Minister Amit Shah laid the foundation stone of a dairy plant worth Rs 255 crore in Madhya Pradesh on October 3

Coal Ministry proposes suspension of mining operations for plan violations

Draft rules allow authorities to suspend coal and lignite mining operations for violations of approved plans and require annual compliance declarations from company boards

Explained: Why Starlink's India launch plans have raised security concerns

Starlink's proposed India launch has raised concerns over national security, data privacy, foreign influence and the use of unauthorised terminals

Octave Intelligence opens GCC in Hyderabad, plans workforce expansion

Octave Intelligence has inaugurated a 2-lakh-sq-ft technology centre in Hyderabad and plans to scale its workforce to 2,000 engineers across software, AI, data and cloud

As smartphone prices rise, how retailers plan to keep festive deals alive

Smartphone prices have risen sharply this year, forcing retailers to balance thinner margins, cautious inventory and consumer demand for the deep festive deals they have come to expect

YouTube & Balaji Telefilms partner for launch of shows; span 200 episodes

Ekta Kapoor will lead the creative vision and own the intellectual property, while YouTube will provide global distribution and monetisation through ads and brand deals

ASK Property Fund commits ₹300 crore to two Ghaziabad housing projects

The investments will support BRV Group's 4.7-acre Vasundhara project and KW Group's 1.5-acre Indirapuram development as ASK expands in established NCR markets

Maharashtra sees over $300 bn investment interest in data centres

The state currently accounts for 66 per cent of India's data centre capacity and is targeting 5.7 GW by 2032 as it pursues a $1 trillion economy by 2030

Minneapolis shooting: 2 killed, suspect dead; 3 police officers injured

Two people were killed and three Minneapolis police officers injured, including two with gunshot wounds, after a shooting at a downtown apartment building on Wednesday

Hilton bets on India to drive its next phase of Asia-Pacific growth

Hilton has 60 hotels under construction and commitments for 400 more in India, as it bets on rising travel demand, religious tourism and growth in tier-II and tier-III cities

United Breweries to commission Maharashtra canning line for ₹110 crore

New canning line at Ellora Brewery will have a capacity of 40,000 cans per hour and is expected to become operational in September, subject to statutory approvals

Empower Internal Ombudsmen, use feedback to strengthen institutions: RBI DG

RBI Deputy Governor says boards and senior management should ensure Internal Ombudsmen function independently and use complaint data to improve governance and customer service

Andhra sees 12 Covid cases, 4 deaths since June 26; NIV to identify variant

Health authorities said infections are spread across multiple districts with no evidence of localised transmission, while five samples have been sent to NIV Pune for genome sequencing

ADB keeps India's GDP growth projection for FY25 unchanged at 7%

Projection must be weighed against 'downside risks from weather events and geopolitical shocks', it says

Titagarh Rail shares rise 4% on ₹2,481-crore MMRDA order win; details here

Titagarh Rail bagged a ₹2,481-crore order from the Mumbai Metropolitan Region Development Authority (MMRDA) for Mumbai Metro Line 5

₹11,000 crore plan taking shape to make India a global toy hub

Under the proposed scheme, the types of incentives are being planned - Turnover Linked Incentive (TLI), Localisation Linked Incentive (LLI) and Employment Linked Incentives (ELI) are being planned

Piyush Pandey passes away, Kurnool bus tragedy, Blackstone to buy stake in Federal Bank & more

Piyush Pandey, one of India's most influential advertising professionals, passed away on Friday at the age of 70. He created iconic campaigns for brands like Asian Paints, Cadbury, and Fevicol, and al

Agoda sees 67% rise in int'l travel interest to India for Diwali 2025

South Korea, Thailand, Malaysia emerging as new inbound markets for festive period