Tata Power Seeks Distribution Licence in Karnataka
Tata Power has applied for a distribution licence in Karnataka, with officials stating the final decision rests with KERC. Concerns over infrastructure duplication and economic impact arise.
Category : Business
From Farm to Fortune: India's Food Processing Revolution
India's food processing industry is transforming agriculture into a powerful economic engine, reducing post-harvest losses and boosting farmer incomes through value addition and modernization.
Karnataka Tribunal Admits FKCCI Plea Against KERC Tariff Revision
Karnataka tribunal admits FKCCI plea opposing KERC's tariff revision that made industries pay higher power charges retrospectively from April 2025 to February 2026.
Pricol Ltd Plans Rs 700 Crore Capex for FY27 Amid Geopolitical Pressures
Pricol Ltd announces Rs 680-700 crore investment for FY27 to expand capacity amid West Asia tensions and rising costs. The auto component maker cites peak capacity utilisation and strong business pipeline.
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JK Tyre Unveils Rs 4,980 Cr Capacity Expansion Plan
JK Tyre announces Rs 4,980 crore expansion for TBR and PCR tyre capacities at Chennai and Mysuru plants, despite raw material cost pressures from West Asia crisis. FY26 revenue up 11%.
Bengaluru Hotels Restaurants Hold Price Hikes Despite Wage Rise
Bengaluru hotels and restaurants are refraining from price hikes despite revised minimum wages, which significantly increase labour costs in the hospitality sector.
New IIP Series to Track Rare Earths, PNG, Water Supply
India's new IIP series with 2022-23 base year will debut June 1, tracking rare earths, PNG, water supply, sewerage, and waste management for the first time, expanding to 1,042 items.
JK Tyre announces Rs 4,980 crore expansion plan
JK Tyre plans Rs 4,980 crore investment to expand TBR and PCR tyre capacity by 24% at Chennai and Mysuru plants, driven by robust domestic and export demand.
Tata Sons Chairman Presents 3-Year Roadmap to Cut Losses
Tata Sons chairman N Chandrasekaran presented a three-year roadmap to narrow losses in new businesses like Air India and Tata Digital at a board meeting, facing scrutiny from Noel Tata.
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India-Canada Free Trade Deal by 2025
India and Canada are working to finalize a free trade agreement by end of 2025, aiming to triple bilateral trade to $50 billion by 2030, said Minister Piyush Goyal.
Maruti Suzuki Austerity Measures: Fuel Conservation and Forex Cut
Maruti Suzuki implements austerity measures including restricted foreign travel and virtual meetings to conserve fuel and reduce forex spending, responding to PM Modi's call amid West Asia conflict.
Sebi Plans Bond Tokenisation Pilots and Debt Broker Rules
Sebi chairman Tuhin Kanta Pandey announced plans for bond tokenisation pilots, a new regulatory framework for debt brokers, and easing disclosure norms to deepen corporate bond markets and reduce reliance on banks.
Irdai Links Executive Pay to Customer Outcomes
Irdai directs insurers to link executive performance and pay to customer outcomes, transparency, and governance, moving beyond financial metrics.
Cash logistics firms seek fee hike as costs surge
Cash logistics companies have approached banks seeking measures to offset rising costs due to fuel inflation, wage hikes, and compliance expenses, warning of a 15-20% cost increase.
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Sarangpur Flyover Construction Likely to Start This Year
The long-awaited Sarangpur flyover in Chandigarh is expected to begin construction this year, aiming to ease traffic congestion on the busy Madhya Marg.
Okalipuram Underpass Work Resumes, 25-Day Deadline Set
The Okalipuram railway underpass work under the Chennai railway line in Bengaluru has resumed, with officials directed to complete it within 25 days.
CNG price hiked by Rs 2/kg, fourth increase in two weeks
CNG prices have been increased by Rs 2 per kg in Delhi, marking the fourth hike in two weeks. The price now stands at Rs 79.56 per kg.
Joint Raid Uncovers 1,400 Tonnes Excess Coal at Nagpur Yard
A multi-agency inspection at Dumri Khurd yard found 1,400 metric tonnes of excess coal worth ₹30 lakh, sparking concerns over theft and irregularities.
Panic Fuel Buying Sweeps Maharashtra: Sales Surge Up to 154%
Panic buying of fuel in Maharashtra led to a 52% spike in diesel and 23% in petrol sales on May 23, with Akola seeing a 154% rise. Officials assure no shortage, warn against hoarding.
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Coal India Reassures on Summer Supply with 168 MT Stock
Coal India Limited assures sufficient coal stocks of 168 million tonnes to meet peak summer demand, with plant stocks at 47.6 MT and mine-head inventory up 10% YoY.
Pune Office Space Demand Slows in Q1 2026; GCCs Anchor
Pune's office space net absorption fell to 11 lakh sq ft in Q1 2026 from 20 lakh sq ft a year ago. GCCs drive 55% of demand. Vacancy dropped to 11.6%, rents rose 6% to Rs88/sq ft.
ED Raids Builders' Premises in Chandigarh, Mohali
The Enforcement Directorate conducted simultaneous raids at multiple locations linked to two builders in Chandigarh and Mohali over suspected financial irregularities.
5 Financial Mistakes Women in Their 20s and 30s Often Make
Discover common financial traps women face in their 20s and 30s, from spending leftovers to ignoring investments, and learn how to build better money habits.
Small Contractors in Maharashtra Seek Centre's Help Over Dues
Small contractors executing govt works up to Rs25 crore in Maharashtra seek Centre's intervention over prolonged non-payment of dues, pushing nearly three lakh contractors into severe financial crisis.
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Forex Trader Robbed of Rs 25.9 Lakh in Pune Pepper Spray Attack
A forex trader was robbed of Rs 25.9 lakh after being sprayed with pepper by four men in Dhankawadi, Pune. Police are investigating CCTV footage.
UP Minister Lauds Tata Tech, Deloitte for Youth Skill Boost
Vocational education minister Kapil Dev Aggarwal praised Tata Technologies and Deloitte for supporting skill development and employment for Uttar Pradesh's youth, aiming for a $1 trillion economy.
Consumer Commission Orders Dell to Refund Laptop Cost
Ahmedabad consumer commission orders Dell India and retailer Infinity Retail to refund Rs 62,730 for a defective laptop, plus Rs 25,000 compensation for mental harassment.
Rolling Mills Seek Alternate Fuel Amid Iran Crisis, LNG Instability
Rolling mills have informed the National Green Tribunal that forced exclusive shift to PNG could disrupt operations due to gas supply disruptions from the Iran crisis and LNG instability, urging permission for alternate fuels.
Amul Plans Rs 800 Crore Expansion in West Bengal, Assam
Amul is set to invest Rs 800 crore in West Bengal and Assam, establishing new dairy plants to boost its presence in eastern and northeastern India.
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Gurgaon-Delhi Connector Extension Proposed to Ease NH8 Congestion
GMDA proposes extending the Gurgaon-Delhi connector from Khushboo Chowk to Ghata Chowk to create an alternative bypass, reducing congestion on NH8 and near IGI Airport.
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