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By Anant Kumar , 5 June 2025
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India's Stainless Steel Sector Set for Robust Growth Amid Infrastructure Boom

India’s stainless steel industry is poised for sustained expansion, with annual demand projected to rise by 7–8% over the next three years, according to the Indian Stainless Steel Development Association (ISSDA). Speaking at the Global Stainless Steel Expo 2025, ISSDA President Rajamani Krishnamurti emphasized the sector’s growth prospects amid strong government-led infrastructure investments. In FY25, consumption reached 4.8 million tonnes, marking an 8% year-on-year increase.

Tags

  • Steel Sector
  • Economy
By Vrinda Chaturvedi , 5 June 2025
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Maruti Suzuki Commits Rs 925 Crore to Solar Power Expansion in Pursuit of Green Manufacturing Goals

Maruti Suzuki India has unveiled a robust renewable energy roadmap, committing over Rs 925 crore to increase its captive solar power capacity to 319 megawatt-peak (MWp) by fiscal year 2030–31. This strategic investment underlines the auto manufacturer’s dedication to reducing its carbon footprint and aligning with both India’s renewable energy ambitions and Suzuki Motor Corporation’s global environmental goals. Recent projects include a 20MWp solar plant in Kharkhoda and a 10MWp expansion at Manesar, raising Maruti's solar capacity from 49MWp to 79MWp in just one year.

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  • Automobiles
  • Power
  • India Business
By Agamveer Singh , 5 June 2025
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Flipkart to Exit Aditya Birla Fashion Stake via Rs. 566 Crore Block Deal Amid Strategic Portfolio Realignment

Flipkart is set to offload its entire 6% stake in Aditya Birla Fashion and Retail Ltd (ABFRL) through a block deal, in a strategic move aimed at streamlining its investment portfolio. The transaction, expected to be managed by global investment bank Goldman Sachs, is estimated at approximately Rs. 566 crore (US$68 million), with a proposed floor price of Rs. 79.5 per share—reflecting a 7.6% discount to ABFRL’s last traded price.

Tags

  • E-Commerce
  • Fashion & LIfestyle
By Amrita Bhatia , 5 June 2025
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NEET PG 2025 Postponed: Supreme Court Orders Single-Shift Format to Ensure Exam Fairness

The National Eligibility cum Entrance Test for Postgraduate courses (NEET PG) 2025 has been officially postponed, following a Supreme Court directive aimed at standardizing the examination format. The Court has instructed the National Board of Examinations in Medical Sciences (NBEMS) to abandon its earlier two-shift model and conduct the exam in a single session. This mandate was issued in response to concerns over fairness and consistency in exam difficulty across different shifts.

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  • Education
  • Trending
  • NEET PG 2025
By Amrita Bhatia , 5 June 2025
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From Fragility to Fortitude: Avantika Malik’s Journey Through Heartbreak and Healing

Avantika Malik, formerly married to actor Imran Khan, has broken her silence on the emotional toll of their separation, candidly revealing her struggles with clinical depression and the terrifying loneliness that followed. In a recent interview, Malik reflected on how the end of a long-standing relationship challenged her sense of identity and autonomy. Her story underscores the profound psychological impact of personal transitions, especially those rooted in relationships that span formative years.

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  • Entertainment
  • Bollywood
  • Indian Celebrities
By Kirti Srinivasan , 5 June 2025
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Navigating the Highs and Lows: Adhyayan Suman’s Journey Through Bollywood’s Complex Terrain

Adhyayan Suman, once celebrated for his breakout role in Raaz – The Mystery Continues, has faced a tumultuous career trajectory marked by moments of acclaim and periods of professional uncertainty. Despite earning praise for his recent performances in Sanjay Leela Bhansali’s Heeramandi and Bobby Deol’s Aashram, the actor has encountered a challenging phase characterized by limited roles and personal struggles, including battling depression.

Tags

  • Entertainment
  • Bollywood
  • Indian Celebrities
By Nitin Mohan Mishra , 5 June 2025
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Hyundai and Kia Exit Ola Electric with Combined Stake Sale Worth Over Rs 690 Crore Amidst Widening Losses

South Korean automotive giants Hyundai Motor Company and Kia Corporation have divested their entire stakes in Ola Electric Mobility, collectively offloading nearly 3.1% of the electric two-wheeler maker in transactions exceeding Rs 690 crore. Hyundai sold a 2.47% stake for Rs 552 crore, while Kia offloaded 0.62% for Rs 137 crore. Meanwhile, Citigroup Global Markets Mauritius acquired a 1.95% stake for Rs 435 crore.

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  • Automobiles
  • Company News
By Kirti Srinivasan , 5 June 2025
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Oil India Launches Gas Production in Rajasthan Desert, Marking Strategic Energy Milestone

Oil India Ltd (OIL), a state-owned enterprise, has successfully initiated natural gas production from the Bakhri Tibba block, a Discovered Small Field (DSF-III) located in the arid terrain of Rajasthan’s Jaisalmer district near the India-Pakistan border. The field has begun producing 67,200 standard cubic meters per day (SCMD), which is now being supplied to major downstream players including GAIL and Rajasthan Rajya Vidyut Utpadan Nigam Ltd.

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  • Energy
By main , 5 June 2025
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Tech Mahindra Secures Multi-Year IT Modernization Deal with Netherlands-Based Hanab

Tech Mahindra, a global leader in digital transformation and IT services, has announced a multi-year strategic engagement with Dutch infrastructure company Hanab. The partnership is focused on overhauling Hanab’s IT architecture, integrating advanced technologies, and improving operational efficiency. While financial specifics remain undisclosed, the collaboration is aimed at enabling Hanab to achieve its long-term growth ambitions through scalable, future-ready digital infrastructure.

Tags

  • IT
  • India Business
By Manbir Sandhu , 5 June 2025
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Dixon Technologies Advances India’s Electronics Manufacturing with Strategic Foreign Partnerships and Industry 4.0 Initiatives

Dixon Technologies, a frontrunner in India’s contract manufacturing landscape, is actively pursuing government approval for a strategic alliance with China’s HKC to establish a display module manufacturing unit in Noida. This collaboration, pending clearance under India’s Press Note 3 of 2020, aims to produce components for smartphones, laptops, and televisions. Concurrently, Dixon is expanding its Industry 4.0 initiatives, partnering with French firm Dassault to digitize and modernize manufacturing processes. With investments exceeding Rs.

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  • Technology Sector

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