Industry News, Indian Industry Analysis, Industrial Trends, Sectoral Analysis from India

Adani Energy Solutions Commissions Khargar-Vikhroli Transmission Line

Press Trust of India | Monday October 02, 2023, New Delhi

Adani Energy Solutions on Monday said it has commissioned the Khargar-Vikhroli transmission line to supply an additional 1,000 MW of power to Mumbai city.

Banks Will Remain Shut In These Cities On Ganesh Chaturthi

Edited by NDTV Business Desk | Monday September 18, 2023

Banks will remain closed for two days September 18 and 19 in some parts of the country for Ganesh Chaturthi.

Adani Group Forms Joint Venture For Marketing Of Green Hydrogen In Japan

Press Trust of India | Thursday September 14, 2023, New Delhi

Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets.

BSE-Listed Firms' Market Valuation Hits All-Time High Of Rs 315 Lakh Crore

Press Trust of India | Monday September 04, 2023, New Delhi

The market capitalisation of BSE-listed firms reached an all-time high of Rs 315 lakh crore on Monday, helped by strong investor sentiments amid encouraging domestic macroeconomic data and a firm trend in global stocks.

Government Exempts LPG Imports From Agriculture Cess

Press Trust of India | Friday September 01, 2023, New Delhi

The government has exempted imports of LPG, liquified propane and liquified butane from 15 per cent agri cess with effect from Friday.

Reliance Jio 5G On Track To Cover Entire Country By December: Mukesh Ambani

Press Trust of India | Monday August 28, 2023, New Delhi

Reliance Jio's 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is "on track" to cover the entire country with the ultra high-speed network by December this year, RIL Chairman Mukesh Ambani said on Monday.

India's ONGC Videsh Secures 3-Year Extension To Explore South China Sea

Saturday August 19, 2023, Mumbai

Indian energy company ONGC Videsh has secured a three-year extension from Vietnam to explore 'Block 128' in the South China Sea, it said in a post on social messaging platform X, formerly known as Twitter.

"India Uniquely Placed": RBI Governor On Tackling Inflation - Top Quotes

Edited by Samiran Mishra | Thursday August 10, 2023, New Delhi

The Reserve Bank of India (RBI) kept its key lending rate unchanged for the third consecutive time, as it continued to monitor inflation closely. In a bi-monthly monetary policy announcement today, RBI Governor Shaktikanta Das said that the Monetary Policy Committee (MPC) has unanimously decided to maintain the repo rate at 6.5%.

Karnataka Government Closes-In On Deal With Foxconn For 2 Projects

Press Trust of India | Wednesday August 02, 2023, Bengaluru

The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore.

Commercial LPG Price Cut By Rs 100 Per Unit

Press Trust of India | Tuesday August 01, 2023, New Delhi

Commercial LPG price on Tuesday was cut by Rs 100 per cylinder.

Maharashtra Seeks World Bank's Assistance For Upgrading Infrastructure

Press Trust of India | Monday July 31, 2023, Mumbai

Maharashtra Chief Minister Eknath Shinde has sought the World Bank's assistance for upgrading infrastructure and capacity building in the state.

India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm

Press Trust of India | Wednesday July 19, 2023, New Delhi

India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.

Tata Group To Invest Over $5 Billion In UK Electric Battery Factory

Agence France-Presse | Wednesday July 19, 2023, London

Indian conglomerate Tata Group will invest over 4 billion pounds ($5.2 billion) in a giant battery plant in southwest England that will create thousands of jobs, the UK government and the company said on Wednesday.

G20 Finance Ministers Discuss Ways To Improve Tax Transparency

Press Trust of India | Tuesday July 18, 2023, Gandhinagar

G20 finance ministers on Tuesday discussed strategies to implement strategies for overhauling the global tax norms to ensure that multinational companies pay taxes wherever they operate.

India Needs Average Annual 7.6% GDP Growth To Become Developed By 2047: RBI

Press Trust of India | Monday July 17, 2023, Mumbai

India could become a developed country by 2047 with an average annual real GDP growth of 7.6 per cent over the next 25 years, said an article published by the Reserve Bank in its July bulletin.

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