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Indian-news

   Stock-news

 17 Apr 2025 11:23 PM   EconomicTimes

Skoda India halts plans to launch imported cars

Skoda Auto India has paused its plans to import fully-built petrol, diesel vehicles, and electric cars due to uncertainty surrounding customs duties. The carmaker is also delaying local EV manufacturing, awaiting clarity on advanced fuel efficiency guidelines.

 17 Apr 2025 11:06 PM   EconomicTimes

Nikhil Kamath’s investee KNAV integrates Aventus Partners of the UK to enhance global capabilities

KNAV, a global accounting and consulting firm, has merged with UK-based Aventus Partners Ltd to enhance its cross-border capabilities and strengthen its presence in the India–UK–US–Europe corridor. This strategic move integrates four partners and 27 professionals into KNAV's UK operations, bolstering its ability to serve Indian multinational companies expanding overseas and reinforcing local expertise.

 17 Apr 2025 10:58 PM   EconomicTimes

ITC to acquire Sresta Natural Bioproducts for Rs 472.5 crore

ITC Ltd is expanding its presence in the organic and natural products sector by acquiring Sresta Natural Bioproducts, owner of '24 Mantra Organic', for Rs 472.5 crore. This move strengthens ITC's position in the growing organic market, both domestically and internationally.

 17 Apr 2025 10:43 PM   EconomicTimes

ITC to acquire 24 Mantra Organic brand in a Rs 472 crore deal to boost organic food business

ITC Limited has acquired Sresta Natural Bioproducts, the company behind '24 Mantra Organic', to strengthen its presence in the organic food sector. SNBPL boasts a diverse portfolio of over 100 organic products, including staples, spices, and beverages, with a significant international footprint, particularly among the Indian diaspora.

 17 Apr 2025 10:43 PM   EconomicTimes

ITC to acquire 24 Mantra Organic in a Rs 472 crore deal to boost organic food business

ITC Limited has acquired Sresta Natural Bioproducts, the company behind '24 Mantra Organic', to strengthen its presence in the organic food sector. SNBPL boasts a diverse portfolio of over 100 organic products, including staples, spices, and beverages, with a significant international footprint, particularly among the Indian diaspora.

 17 Apr 2025 10:42 PM   EconomicTimes

Deposit growth outpaces credit demand in early April amid liquidity boost and high interest schemes

In early April, deposit growth significantly outpaced loan demand, with deposits rising by 2.4% compared to a 0.9% loan increase. While yearly deposit growth trails credit growth, recent liquidity improvements and attractive deposit schemes have boosted savings. Experts anticipate credit growth to rebound in subsequent quarters, driven by economic expansion and increased capital expenditure, potentially growing by 1-2% in FY26.

 17 Apr 2025 10:08 PM   EconomicTimes

Delhi airport seeks preclearance facility for US passengers

Delhi's international airport is seeking a US preclearance facility to streamline travel for passengers flying directly to the United States. This initiative, if approved, would allow travelers to complete customs and immigration processes before boarding, bypassing lengthy queues upon arrival in the US.

 17 Apr 2025 09:11 PM   EconomicTimes

Will remove reference to other sunscreen from ads: Hindustan Unilever to Delhi High Court

In response to a suit filed by Honasa Consumer Ltd's sunscreen brand The Derma Co, Hindustan Unilever Ltd assured the Delhi High Court on Thursday it will remove alleged disparaging references to a competitor from the ads of sunscreen products of HUL subsidiary Lakme.

 17 Apr 2025 09:05 PM   EconomicTimes

Japan's gift to India will be an economic gamechanger

India's bullet train project is gaining momentum as Japan plans to provide E5 and E3 series Shinkansen trains for inspection purposes on the Mumbai-Ahmedabad corridor by early 2026. While the next-generation E10 series is expected in the 2030s, India will initially use modified, domestically made trains.

 17 Apr 2025 09:02 PM   EconomicTimes

RCB drags Uber India to court over Travis Head ad, calls it 'disparaging'

Royal Challengers Sports, owners of Royal Challengers Bengaluru, have sued Uber India in Delhi High Court over an advertisement. The ad features Travis Head of Sunrisers Hyderabad, seemingly vandalizing RCB signage. RCS alleges the ad disparages their trademark. Uber argues it's just promoting their bike service and that RCS lacks a sense of humor.

 17 Apr 2025 08:31 PM   EconomicTimes

Delhi Metro Phase 4: 70% work in three corridors complete, trial runs continue on Majlis Park-Jagatpur village stretch

The Delhi Metro Rail Corporation (DMRC) on Thursday said that 70 per cent of the work between Chhatarpur Mandir, IGNOU, Kishangarh and Vasant Kunj corridors have been completed and a 4.6-kilometre-long stretch between Majlis Park and Jagatpur Village is now nearing completion.

 17 Apr 2025 08:16 PM   EconomicTimes

Adani Ports to acquire Australian terminal in $2.4 bn non-cash deal

Adani Ports and SEZ Ltd is set to acquire North Queensland Export Terminal in Australia for USD 2.4 billion from a group company, marking its fourth overseas acquisition in two years. The non-cash deal, involving the issuance of new equity shares, aims to boost APSEZ's global presence and volume targets, leveraging the terminal's strategic location and long-term contracts.

 17 Apr 2025 07:45 PM   EconomicTimes

IndusInd Bank names Santosh Kumar as Deputy CFO, relieves Arun Khurana

India's IndusInd Bank on Thursday named Santosh Kumar as its deputy CFO, with effect from April 18.Kumar will head the finance and accounts functions till IndusInd appoints a full-time CFO, the lender said, after deputy CEO Arun Khurana's term as finance chief ends.

 17 Apr 2025 07:20 PM   EconomicTimes

RBI imposes penalty on Kotak Mahindra Bank, IDFC First Bank, PNB

The Reserve Bank of India has levied penalties on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank due to regulatory compliance deficiencies. Kotak Mahindra Bank faces a Rs 61.4 lakh penalty for non-compliance with loan system guidelines, while IDFC First Bank is fined Rs 38.6 lakh for KYC violations. Punjab National Bank received a Rs 29.

 17 Apr 2025 07:06 PM   EconomicTimes

Realty developer Conscient to invest Rs 1200 crore in Gurgaon project

Conscient is set to invest Rs 1200 crore in its Elaira Residences project in Gurugram, aiming for over Rs 1,000 crore in sales from the first phase's 268 luxury apartments. HDFC Capital is financially backing this 5.5-acre development, which includes a total of 536 apartments. The company plans to launch more luxury projects in Delhi-NCR, leveraging its extensive portfolio.

 17 Apr 2025 06:38 PM   EconomicTimes

TVS Apache RR 310 launched with top speed of 215.9 km/h. Check price, features and other details

TVS Motor Company has launched the updated TVS Apache RR310. This is their flagship super premium sports motorcycle. The 2025 edition complies with OBD-2B norms. It marks 20 years of the TVS Apache series. The company has surpassed 6 million customers worldwide. The new TVS Apache RR 310 comes in two variants. It has three BTO customization options.

 17 Apr 2025 06:22 PM   EconomicTimes

After antitrust raids, Indian ad group warns against pricing coordination

Following antitrust raids in India, major ad agencies like GroupM, Dentsu, and Publicis are urging members to avoid WhatsApp communication with rivals and refrain from sharing sensitive pricing data. This action comes after the Competition Commission of India (CCI) initiated an investigation into suspected collusion over publicity rates, impacting the broadcast and streaming sector.