Ethanol Crisis: ISMA Warns of Financial Strain on Sugar Mills
India's sugar industry faces financial turmoil as reduced ethanol procurement threatens farmer payments and biofuel blending targets. ISMA sounds alarm.
Category : Industry
Kerala to get India's first ship repair cluster
Kerala embarks on a maritime revolution with India's inaugural ship repair cluster at Cochin Shipyard, creating thousands of jobs and positioning India as global maritime hub.
Oil Prices Rebound After 3-Day Decline
Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.
L&T's ₹13,375 Crore Order Boom Signals Private Capex Revival
Engineering giant Larsen & Toubro secures massive domestic orders worth ₹13,375 crore across multiple sectors, signaling strong revival in private capital expenditure and infrastructure growth in India.
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Vedanta's $1B Zambia Copper Investment Plan
Anil Agarwal's Vedanta Resources announces massive $1 billion investment in Zambian copper mines, signaling major Africa expansion and commitment to global metals leadership.
India scraps green clearance for coal gasification pilots
In a landmark decision, the Indian government has exempted pilot projects for Underground Coal Gasification from environmental clearance requirements, accelerating clean coal technology development.
NMDC Steel Q2 Loss Narrows to ₹114 Crore
NMDC Steel shows impressive recovery with narrowed losses and significant production growth at Nagarnar plant. Read the complete financial analysis.
Sharda Motor Partners with Donghee for Suspension Tech
Indian auto component leader Sharda Motor Industries announces groundbreaking partnership with South Korean giant Donghee Industries to expand suspension portfolio and enhance global competitiveness.
HPCL-Mittal Energy stops Russian oil imports after US sanctions
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
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Supreme Court limits AGR relief for telecom companies
In a landmark ruling, India's Supreme Court clarifies that AGR relief applies only to telecom operators who approached the court, dealing a significant setback to Vodafone Idea's revival hopes.
India waives green clearance for coal gasification pilots
In a major regulatory overhaul, India exempts pilot underground coal gasification projects from environmental clearance to boost energy innovation and reduce import dependency.
Varun Beverages to Launch Carlsberg Beer in South Africa
PepsiCo's Indian bottler Varun Beverages announces strategic entry into alcoholic beverages with Carlsberg beer distribution in South Africa, signaling significant portfolio expansion beyond soft drinks.
Maruti Suzuki's 8-SUV Blitz for 50% Market Share
India's auto giant Maruti Suzuki launches aggressive SUV strategy with 8 new models to dominate the market and regain lost ground in the competitive segment.
Gannon Scott Signs Definitive Agreement with Metalor Technologies
In a significant move reshaping the precious metals landscape, Gannon Scott Group announces definitive agreement to join Metalor Technologies International, creating an industry powerhouse with enhanced global capabilities.
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L&T Q2 Profit Surges 16% to ₹3,926 Crore
Engineering giant Larsen & Toubro reports stellar Q2 results with 16% profit surge to ₹3,926 crore, driven by strong execution and record order inflows across infrastructure segments.
Air India CEO: Excessive Flying Rights Threaten Investments
Air India CEO Campbell Wilson raises alarm over liberal bilateral rights undermining Indian carriers' massive fleet investments. Exclusive analysis on aviation policy challenges.
Sinopec Profits Drop 33% on Oil Slump, Weak Fuel Sales
China Petroleum & Chemical Corporation (Sinopec) reports staggering 33% profit drop in first nine months of 2023 as lower crude prices and sluggish fuel sales impact earnings. Detailed analysis inside.
CPP Investments India Portfolio Hits $21 Billion
Canada's CPP Investments reveals massive expansion in Indian holdings, with portfolio growing to $21 billion through strategic investments in infrastructure, renewable energy, and technology sectors.
DGCA Implements New Pilot Duty Rules by Nov 1
India's aviation regulator DGCA announces full implementation of relaxed flight duty time limitations by November 1, allowing pilots to operate more night flights and providing airlines with greater operational flexibility.
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Suzuki's ₹35,000 Cr India Push for 50% Market Share
Maruti Suzuki's parent company announces massive India push with new SUV launches, EV roadmap, and carbon-neutral strategy to dominate the market again.
Indian Airlines Oppose Foreign Carrier Dominance
Top aviation leaders Pieter Elbers and Campbell Wilson advocate for protecting Indian airlines' market share, challenging potential increased access for foreign carriers amid bilateral talks.
Air India faces ₹7,000 crore loss from Pakistan airspace closure
Air India faces renewed financial turbulence as Pakistan's airspace closure forces longer routes, potentially derailing Tata Group's ambitious transformation strategy for the national carrier.
Air India CEO defends operations after AAIB preliminary report
Air India CEO Campbell Wilson addresses safety concerns following preliminary AAIB report on Mumbai-Dubai flight incident, emphasizing operational standards and safety protocols.
India's Oil Consumption to Reach 6 Million Barrels Daily
India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.
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Coal India Q2 profit plunges 32% due to heavy rains
Coal India reports significant 32% drop in Q2 net profit amid production challenges caused by excessive rainfall. Revenue declines 3% as operations face weather-related hurdles.
Vijayawada businesses defy cyclone warnings
Despite severe cyclone alerts, Vijayawada's commercial establishments remain operational, showcasing remarkable resilience during Cyclone Montha's approach.
Tata Sierra & Renault Duster: Iconic SUVs Return
Iconic SUVs Tata Sierra and Renault Duster are staging remarkable returns, blending retro charm with modern technology. Discover how these beloved vehicles are being reimagined for today's roads.
Maruti Suzuki's 8 New SUVs Target 50% Market Share
India's auto giant Maruti Suzuki launches massive SUV offensive with 8 new models, aiming to dominate half of the competitive SUV market. Get exclusive details on their strategic expansion.
IOC to strictly follow all international oil sanctions
Indian Oil Corporation declares strict adherence to all global oil sanctions in crude procurement, ensuring uninterrupted energy supply while maintaining international compliance standards.
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UP hikes sugarcane price by ₹30/quintal, highest since 2017
Uttar Pradesh government announces historic ₹30 per quintal increase in sugarcane SAP, marking the highest price hike since 2017. Major boost for farmers ahead of crushing season.
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