Kochi Metro Brake Failure Halts Rush Hour Commute
A major technical glitch in Kochi Metro's braking system caused severe delays for thousands during morning rush hour, disrupting operations for nearly 1.5 hours and leading to traffic chaos.
Category : Business
Gadchiroli Workers Hunger Strike Against Plant Sale, 400 Jobs at Risk
Workers at APR Sack Plant in Ashti, Gadchiroli, have begun a relay hunger strike protesting the reported sale and relocation of the unit to Triveni Lloyds Metal Pvt. Ltd., which they claim jeopardizes livelihoods of nearly 400 families without consultatio
NCLT Dismisses Mahagun Insolvency Petition Post-Settlement
The National Company Law Tribunal has dismissed an insolvency petition against Mahagun real estate firm after a settlement with IDBI Trusteeship, providing relief to homebuyers and boosting project completion efforts.
Ahmedabad Seeks Approval for Rs 16.7 Lakh Crash Site Refreshment Costs
Ahmedabad Municipal Corporation will present a proposal to approve Rs 16.7 lakh spent on tea, snacks, and water for teams involved in the month-long Air India Flight 171 crash recovery operations.
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Ludhiana Exporters Get Major Boost with Dak Niryat Kendra
Ludhiana's new Dak Niryat Kendra at the Head Post Office will provide on-site customs clearance, eliminating the need for exporters to travel to Delhi or other distant cities for customs formalities.
LDA Launches IT City Housing Scheme with 870 Plots
The Lucknow Development Authority will launch the IT City housing scheme on Sultanpur Road on February 28, allotting 870 residential plots to 336 farmers through lottery. Plots range from 35 sq m to 288 sq m, with public registration to follow.
MP's PM MITRA Park Leads with Rs 21,500 Cr Investment, 55K Jobs
Madhya Pradesh's PM MITRA textile park in Dhar district emerges as frontrunner among seven national parks, securing highest investment commitments and fastest land allotment while creating integrated manufacturing infrastructure.
UP Tops India's Investment List, CM Yogi Pitches to Japan
Uttar Pradesh Chief Minister Yogi Adityanath highlights the state's secure environment, infrastructure, and large market as key investment draws during a Tokyo roadshow, inviting Japanese industrialists.
Adityanath Invites Japanese Investment in Uttar Pradesh
Uttar Pradesh Chief Minister Yogi Adityanath has extended an invitation to Japanese companies to invest in the state, highlighting its strategic location and business-friendly policies.
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Punjab's Soil Fatigue: A Ticking Time Bomb for Agriculture
Punjab's agricultural success faces ecological collapse as soil degradation and groundwater overuse threaten future productivity and national food security.
Women Buyers Lead Chennai Real Estate with 33% of Sales
Financial independence and safety concerns are fueling a surge in women home buyers in Chennai, with 33% of bookings at a recent property fair made by women, generating 451 crore in sales.
TN to Buy 270MW Green Power via SECI for 25 Years
Tamil Nadu Power Distribution Corporation Ltd (TNPDCL) will procure 270MW of renewable energy through SECI for 25 years to meet peak demand and integrate green power. The cost is 5.06-5.07 per unit plus a 7 paise trader margin.
Kirloskar on Track for India's First Indigenous Marine Engine
Kirloskar Oil Engines is set to deliver India's first locally-made 6 MW marine engine to the Navy by April 2028, boosting self-reliance and reducing foreign dependency.
Tomato Farming Tech Boosts Yield & Profit in Kanpur
CSA University's new tomato production technology, using gibberellic acid and micronutrients, increases yield to 549 quintals/hectare and net profit to Rs 4 lakh/ha.
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Samsung Chennai Plant Faces Renewed Labour Unrest, Strike Threat
Labour unrest has resurfaced at Samsung's Chennai facility with the CITU-affiliated union threatening strike action. Workers demand reinstatement of 27 suspended employees ahead of key mediation talks and state elections.
Indian Startups Lay Off 4,500+ Employees in Lean Hiring Push
Data reveals over 4,500 layoffs at Indian startups since July last year, driven by AI adoption, investor pressure for profitability, and selective capital flow. Experts cite a 'lean by design' approach as firms like Livspace cut staff.
Banks Regain Commercial Funding Share with Faster Credit Growth
Scheduled commercial banks have reversed a contraction in FY25 by expanding non-food credit faster than the overall resource pool in FY26 up to Jan 31, lifting their share of total commercial sector funding to 63.2%.
No AGR Relief for Telecom Firms Beyond Vodafone Idea: Scindia
Telecom Minister Jyotiraditya Scindia stated that no telecom company except Vodafone Idea will receive relief on AGR dues, as the government operates strictly under Supreme Court mandates. He also discussed satellite services rollout and SIM-binding norms
US 125.9% Duty on Indian Solar Cells Threatens Exports
The US Commerce Department's preliminary countervailing duty of 125.9% on Indian crystalline silicon photovoltaic cells could render exports commercially unviable, impacting major firms like Waree and Vikram Solar.
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Worldline Sells India Payments Arm to BillDesk for €60M
Worldline will sell its India payments business to BillDesk for 60 million euros in equity, including a long-term software agreement. The deal aims to sharpen Worldline's European focus while maintaining India as an AI innovation hub.
Bengaluru TDR Market Digital Push After Years in Limbo
Bengaluru's Transferable Development Rights market is set for a major digital transformation to streamline transactions and boost transparency after years of inactivity and regulatory hurdles.
New GDP Series Launch: Enhanced Data and Seasonal Adjustments
India's new GDP series launching February 27 will feature better unorganized sector coverage, administrative data integration, and seasonal adjustments for more accurate economic measurement.
US Slaps 126% Tariff on Indian Solar Panel Imports
The United States has imposed a 126% tariff on imports of Indian solar panels, a move that could significantly affect bilateral trade and India's renewable energy sector.
HDFC & SBI Near 50% Control of Credit Card Spending
India's credit card market shows strong consolidation, with HDFC Bank and SBI now controlling nearly half of total spending value. The top five banks dominate 85.6% of transaction value as of January 2026.
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Delhi Approves Revised TOD Norms for Higher Density Near Metro
Delhi Development Authority has approved revised transit-oriented development norms allowing greater height and density for properties near metro and RRTS stations, including unauthorised colonies.
Uline Under Fire for Alleged Visa Violations with Mexican Workers
Uline, owned by prominent MAGA donors, faces scrutiny for allegedly using B-1 visas to bring Mexican workers for long-term warehouse jobs, sparking calls for investigation from officials and labor groups.
Bengaluru-Frankfurt Airports Sign Cargo Connectivity Pact
Kempegowda International Airport in Bengaluru and Frankfurt Airport have signed a strategic partnership to boost air cargo connectivity, leveraging the EU-India Free Trade Agreement to spur bilateral trade and economic growth.
AP's Holistic Strategy for Beach Sand Minerals Development
Andhra Pradesh government announces comprehensive strategy for beach sand minerals development, aiming to create integrated ecosystem with Rs 50,000 crore investment and 40,000 jobs.
NSE IX GIFT City Platform Opens Global Stock Access for Indians
NSE International Exchange launches a platform from GIFT City enabling Indian retail investors and NRIs to invest in shares across 30 global markets, starting with US stocks and expanding to UK, Japan, and Europe.
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CPM Protests India-US Trade Deal, Seeks Transparency
The Communist Party of India (Marxist) stages protests in Himachal Pradesh against the India-US trade deal, urging the central government to disclose details publicly amid concerns over sovereignty and economic impact.
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