Air India Board to Meet May 7: Cost Cuts, CEO Succession
Air India's board will meet on May 7 to review cost-saving measures, discuss CEO succession plans, and consider FY26 financials amid mounting losses and Middle East conflict.
Category : Industry
Winners in Industry Are Not Most Advanced but Most Ready to Integrate
World Economic Forum report says industry winners are those most ready to integrate technology, not necessarily the most technically advanced ones.
Bihar Film Policy 2024 Attracts 48 Film Projects
Bihar's new film policy has cleared 48 projects, including 25 Hindi films, aiming to boost local economy and create jobs through training and incentives.
Ghaziabad Fire Reveals Lack of Home Insurance in Luxury Flats
A fire at Gaur Green Avenue in Indirapuram destroyed eight flats, leaving families with losses over Rs 1.5 crore. Only one homeowner had insurance, highlighting misconceptions about coverage.
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Oracle's Financing Woes for OpenAI Data Centre Deal
Oracle's $300 billion deal with OpenAI faces financing issues as US banks struggle with loan exposure limits. The company plans to raise $50 billion, but analysts estimate $100 billion more needed by 2028.
CSTPS Output Drops by 1320MW Due to Tube Leak in Two Units
Chandrapur Super Thermal Power Station generates only 1600MW as two 500MW units shut due to tube leak, straining peak summer power supply.
Nagpur Eateries in Crisis Due to LPG Price Hike and Black Market
Commercial LPG prices in Nagpur have surged to Rs3,248 per cylinder, causing a financial crisis for restaurants. Black market rates soar up to Rs4,500, forcing businesses to cut menus and switch cooking methods.
Dosa, Poori Prices to Rise as LPG Costs Surge in Coimbatore
Commercial LPG cylinder prices have surged by Rs993, forcing Coimbatore restaurateurs and street vendors to hike prices of common food items like dosa and poori or reduce menus to stay afloat.
Cotton yarn prices hit Rs 300/kg record, up after 4 years
Cotton yarn prices have surged to Rs 300 per kg, a four-year high, driven by strong demand from China and Bangladesh, pushing up fabric prices and causing shortages across the textile value chain.
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CO2 Tank Explosion in Krishnagiri Causes Rs 25 Lakh Damage
A CO2 gas tank exploded at a private filling unit near Hosur in Krishnagiri on Saturday, causing extensive damage but no injuries. Police estimate losses at Rs 25 lakh.
Kanpur to Get Missile Unit Under Defence Corridor Expansion
A missile construction unit will be set up in Kanpur under Defence Corridor expansion. Satish Mahana reviewed land compensation, connectivity projects, traffic management, power issues, and hospital compliance.
Vibrant Gujarat Conference Ends with Rs 3.55 Lakh Crore MoUs
The Vibrant Gujarat Regional Conference for South Gujarat concluded with 2,792 MoUs worth Rs 3.55 lakh crore, promising 2.82 lakh jobs. Deputy CM Harsh Sanghvi announced open door meetings for industries.
KERECA Demands Unified Commission for Real Estate Consultants
Kerala Real Estate Consultants' Association calls for a fixed commission system to end disputes and unethical practices, and seeks labour recognition for agents.
Kolhapur Eateries Raise Prices 20% as LPG Costs Soar 50%
Restaurant owners in Kolhapur have increased food prices by up to 20% after commercial LPG cylinder rates surged nearly 50% to Rs 3,031, impacting small eateries and hotels.
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Shack subletting to non-Goans blamed for business decline
Shack operators in Calangute say subletting to non-Goans has led to falling standards and business decline, with 150 of 200 shacks already closed due to lack of foreign tourists.
Chhatrapati Sambhajinagar Hotels Hit by LPG Crisis
Hotels and restaurants in Chhatrapati Sambhajinagar face a crisis due to a steep LPG price hike and supply shortage, with industry bodies warning of closures and menu rate increases.
Food Packaging Gets a Recycled Push Across Industry
Indian food industry adopts recycled packaging to reduce waste, with major brands and startups innovating in sustainable materials and design.
Kota Nuclear Fuel Plant Gets AERB Nod for Ops
India's new nuclear fuel fabrication facility in Kota, Rajasthan, has received approval from the Atomic Energy Regulatory Board to begin operations.
Ace Designers opens Rs 50 crore plant in Ahmedabad
Ace Designers Limited inaugurated a new assembly facility in Ahmedabad with a Rs 50 crore investment, aiming to produce 3,000 turning machines and 1,000 machining centres annually within five years.
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Guinness Glory: CM Fadnavis Praises Navayuga for Missing Link Project
Maharashtra CM Devendra Fadnavis lauded Navayuga Engineering Company for constructing the world's longest missing link project, earning a Guinness World Record.
Parmigiano Reggiano Cheese Used as Loan Collateral in Italy
In Italy's Emilia-Romagna region, Parmigiano Reggiano cheese wheels are stored in climate-controlled warehouses and used as collateral for bank loans, a system that has operated successfully for over 100 years.
Global PVC Industry Meets Amid West Asia Crisis, Forging New Order
The global PVC industry gathered for a summit amid the West Asia crisis, focusing on collaboration and strategic direction to navigate geopolitical shifts and supply chain challenges.
Missing Link Opens on Mumbai-Pune Expressway: Travel Time Cut
The 19.8 km missing link on Mumbai-Pune Expressway is inaugurated, reducing travel time by 25-30 minutes and distance by 6 km. The Rs 6,700 crore project features tunnels, viaducts, and India's tallest cable-stayed bridge.
India Eases HVDC Substation Norms, Targets 60% Local Content
The Indian government has relaxed Make in India norms for HVDC substations, targeting 60% local content by 2035 to boost domestic manufacturing and reduce import dependence.
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Miniso Friends Opens at VivoCity with Yoyo Exhibition
Miniso Friends, Singapore's first concept store, opens at VivoCity featuring an immersive IP playground and Yoyo's first overseas exhibition, offering exclusive merchandise and interactive experiences.
Shimla Eatery Owners Decry Steep Hike in Commercial LPG Prices
Eatery owners in Shimla protest the sharp increase in commercial LPG prices, warning of a spike in food inflation and potential business closures.
BuildaHome: 10 Years of Transforming Home Construction
BuildaHome celebrates a decade of redefining home construction, growing from 10 to over 1700 homes, leveraging technology and customer-centric approaches.
Hyderabad Restaurants Hit by LPG Price Hike, Shift Operations
A Rs 993 hike in commercial LPG prices forces Hyderabad restaurants to overhaul kitchens, switch to firewood and electricity, and redesign menus. Some report 40% losses and worker layoffs.
Maruti, Hyundai, Kia Post Record Sales in April 2026
Maruti Suzuki, Hyundai, and Kia reported record sales in April 2026, driven by GST 2.0 benefits, repo rate cut, and income tax relief, according to Maruti's senior executive.
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Nadda Promises Support to Boost Research Infra at NIPER
Union Minister J.P. Nadda visited NIPER Mohali and assured full support to enhance research infrastructure, focusing on drug discovery and pharmaceutical innovation.
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