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Indian-news

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 09 Jan 2026 01:12 PM   EconomicTimes

JSW Steel output grows 6 per cent in Dec quarter

JSW Steel reported a strong performance in the December quarter. Consolidated steel output saw a 6 percent increase year-on-year, reaching 7.48 million tonne. This growth reflects robust operations. The company's Indian facilities operated at high capacity utilization. An upcoming upgrade at Vijayanagar's Blast Furnace 3 is planned for later fiscal years.

 09 Jan 2026 12:49 PM   EconomicTimes

Germany’s BENTELER expands India manufacturing footprint, leases space in Pune

German auto component maker BENTELER Automotive is expanding its manufacturing presence in Pune's Chakan. The company has leased additional space, increasing its total holding to over 2.64 lakh sq ft. This expansion will support in-house production of crucial tubes for rear axle beams, reducing import dependence.

 09 Jan 2026 12:48 PM   EconomicTimes

Jhunjhunwala-backed Akasa Air joins IATA, becomes fifth Indian airline to become member of global aviation body

Akasa Air has officially joined the International Air Transport Association (IATA), a significant achievement following its successful completion of the IATA Operational Safety Audit (IOSA). This membership allows the airline to actively contribute to global aviation's future, focusing on safety, digital transformation, and sustainable practices. IATA anticipates Akasa Air's valuable participation in shaping the industry's agenda.

 09 Jan 2026 11:05 AM   EconomicTimes

Lenovo to build, export AI servers from India

Global tech giant Lenovo is set to transform India into a major export hub for its infrastructure business. The company will design and manufacture artificial intelligence servers in India for worldwide markets. This move leverages India's workforce and existing manufacturing success.

 09 Jan 2026 10:15 AM   EconomicTimes

Delhi NCR year-end travel surge spills into 2026 as foul air persists

Year-end travel demand from Delhi NCR surged as residents sought cleaner air, influencing destination choices both domestically and internationally. Prolonged pollution episodes are now a significant factor in travel planning, with a noticeable increase in bookings for hill stations and overseas trips.

 09 Jan 2026 08:45 AM   EconomicTimes

Vodafone Idea confirms AGR relief, says Rs 124 crore to be paid annually over next 6 years

Vodafone Idea's adjusted gross revenue dues from FY 2006-07 to FY 2018-19 will be frozen from December 31, 2025. The company will pay a maximum of Rs. 124 crore annually until March 2031, followed by Rs. 100 crore annually until March 2035. Remaining dues will be paid in equal installments from March 2036 to March 2041.

 09 Jan 2026 08:15 AM   EconomicTimes

Consumer staple companies to see improved demand from Q4FY26: Motilal Oswal

Consumer staple companies are expected to witness a gradual improvement in demand from the fourth quarter of FY26, supported by stabilising trade conditions after the GST reduction and multiple measures taken by the government, highlighted a report by Motilal Oswal.

 09 Jan 2026 06:51 AM   EconomicTimes

Canadian pharmacy platform to offer India-sourced Ozempic to US patients

SaveRxCanada.to, an online pharmacy platform, announced it is now offering Ozempic sourced from India to U.S. patients at significantly lower prices than U.S. retail pharmacies. The company claims to connect patients with licensed international pharmacies, though Novo Nordisk denies any relationship with the platform.

 09 Jan 2026 06:00 AM   EconomicTimes

CVC Capital Partners leads race to buy ValueLabs at $1–1.2 billion valuation

CVC has an exclusivity agreement with ValueLabs, founded in 1997 by Arjun Rao Donakanti (87% owner). Promoters may retain 15–20% and management will continue running the firm.

 09 Jan 2026 12:55 AM   EconomicTimes

Tuning up the band: Music labels bet on movie companies to hit the high notes

Saregama India and Universal Music are reshaping entertainment industry by channeling funds into film production, indicating a robust strategy that transcends traditional production house dynamics. With the music industry facing challenges and intense competition for rights, these partnerships pave the way for consistent content generation while ensuring cost efficiency, ultimately enriching the creative pipeline of the labels.

 09 Jan 2026 12:54 AM   EconomicTimes

Cardiac drugs log highest sales in 2025 as NCD cases surge

Heart medicines led sales in 2025, a trend set to continue. Respiratory and anti-diabetes drugs followed. Cardiac drug sales grew 13%, with similar strong performance expected. Rising non-communicable diseases like hypertension fuel this growth. Increased awareness and longer treatment durations contribute.

 09 Jan 2026 12:50 AM   EconomicTimes

Credit costs rise for Shapoorji Pallonji Group firm as refinancing timeline slips

The step-up was triggered after Goswami Infratech, a borrower linked to the structure, did not complete a refinancing by December end, said the people cited above. Although not a covenant breach, the delay requires existing borrowings to be repriced if fresh debt was raised at a higher cost.

 09 Jan 2026 12:49 AM   EconomicTimes

No network at Mumbai’s showpiece airport, metro as telcos and operators spar over fees

Passengers face mobile network issues at Navi Mumbai International Airport and the Aqua Line metro. Telecom firms and airport and metro authorities are in a financial standoff over high connectivity charges. This dispute is affecting services for users of major mobile networks. A crucial meeting is scheduled to resolve the issue. Telcos are also renegotiating rates with other airports.

 09 Jan 2026 12:46 AM   EconomicTimes

Rising competition hits sales growth of global beauty majors in India

In India, renowned beauty titans L'Oreal and Estee Lauder are facing an unexpected dip in sales growth. As the beauty landscape becomes increasingly competitive, innovative newcomers are stepping in to capture the market. With the rise of online shopping, consumer purchasing habits are evolving, impacting brand loyalty and sales for established names.

 09 Jan 2026 12:44 AM   EconomicTimes

Premium gain, margin strain likely for insurers in December quarter

Most large life insurers, including LIC, HDFC Life, Axis Max and SBI Life, are set to post double-digit APE growth in Oct–Dec 2025, aided by GST tailwinds and a favourable base after new surrender value norms.

 09 Jan 2026 12:40 AM   EconomicTimes

IndusInd Bank plans bigger board for better governance

The bank is considering increasing its board strength to around a dozen members from the current nine with the aim of strengthening oversight and aligning with evolving regulatory expectations. Currently, managing director and CEO Rajiv Anand is the only executive on the board. Others are non-executive and independent directors.

 09 Jan 2026 12:34 AM   EconomicTimes

Banks narrow NBFCs’ lead as India’s gold loan market turns nearly 50-50

NBFCs' share of aggregate gold loans fell by nearly 20 percentage points over the past five years to 50.3% as of March 2025, from 69.4% in 2020. During the same period, banks increased their share to 49.7% from 30.6%, data showed.