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Indian-news

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 03 Jul 2026 02:19 PM   EconomicTimes

Flipkart ranked 5th best employer by Great Place To Work; underscoring a strong people-first culture

Flipkart has secured a spot in India's Top 5 Best Companies to Work For 2026, a significant leap from its previous ranking. This recognition highlights the e-commerce giant's dedication to a people-first approach, emphasizing employee well-being, career development through internal mobility, and a performance-driven culture. The company's commitment to fostering innovation and providing inclusive benefits has been key to its success.

 03 Jul 2026 01:58 PM   EconomicTimes

Home affordability holds firm despite rising prices: Knight Frank

Homebuyer affordability remains strong across most Indian cities in early 2026, with lower borrowing costs offsetting rising property prices. Ahmedabad leads as the most affordable market, while Mumbai and NCR face affordability challenges. Despite price increases, healthy incomes and supportive financing continue to fuel residential demand, keeping sales near post-pandemic highs.

 03 Jul 2026 01:42 PM   EconomicTimes

Tata Motors partners with Welspun Renewable Energy to develop 86 MW wind-solar hybrid project

Tata Motors has joined forces with Welspun Renewable Energy to develop an 86 MW wind-solar hybrid project. This initiative will power four of Tata Motors' manufacturing plants in Jharkhand, Uttar Pradesh, Uttarakhand, and Karnataka with clean electricity. The project aims to generate 200 million units of green power annually, significantly reducing carbon emissions and supporting the company's sustainability goals.

 03 Jul 2026 01:26 PM   EconomicTimes

Quick commerce is helping Nestle India's premium products reach beyond metros, MD Tiwary says at AGM

Nestle India is prioritizing quick commerce for premium products and focusing on healthier reformulations, according to Chairman Manish Tiwary. The company is expanding its digital reach and improving nutritional profiles by reducing sugar, salt, and fat. Rural India is identified as a key growth driver, with investments in distribution and technology to support future demand and brand building.

 03 Jul 2026 01:25 PM   EconomicTimes

Andhra Pradesh CM Chandrababu Naidu launches JSW's Rs 16,350 crore steel plant in Kadapa

Andhra Pradesh Chief Minister N. Chandrababu Naidu has inaugurated the construction of the JSW Rayalaseema Integrated Steel Plant in Kadapa district. This Rs 16,350 crore project, set to be a modern green steel facility, will be developed in two phases and aims for commercial production by March 2028. The initiative is expected to create numerous jobs and boost the state's industrial output.

 03 Jul 2026 01:23 PM   EconomicTimes

Supreme Court stays Delhi government's CAG audit of power discoms

In a significant ruling, the Supreme Court has put a stop to the Delhi government's planned inquiry into power distribution companies. This comes in light of the government's push for a Comptroller and Auditor General (CAG) examination into the staggering Rs 38,500 crore accrued in Regulatory Assets, intended to be passed on to consumers. The court's decision followed input from the Delhi Electricity Regulatory Commission alongside private discom representatives.

 03 Jul 2026 01:17 PM   EconomicTimes

ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply deal

India's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methanol annually, valued at $1 billion. This significant deal aims to bolster the shipping industry's shift to low-carbon alternatives, meeting stringent international environmental standards. The renewable fuel, produced in Odisha, will support the global transition to sustainable energy markets.

 03 Jul 2026 01:14 PM   EconomicTimes

Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources say

India's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling and reduce high distribution costs. This move aligns India with global practices and aims to ensure customer suitability over sales volume. A draft framework is expected soon, potentially impacting how agents are compensated for their services.

 03 Jul 2026 12:32 PM   EconomicTimes

Delhi EV policy's real challenge for automakers could come if other states follow: Morgan Stanley

Delhi's ambitious EV Policy 2026 aims to accelerate clean mobility by phasing out internal combustion engine vehicles in select segments, with incentives for electric adoption. While immediate impact on automakers is modest, the risk lies in similar policies spreading nationwide. The report highlights challenges for the motorcycle segment and emphasizes localized battery manufacturing for energy security.

 03 Jul 2026 11:39 AM   EconomicTimes

Industrial park operator Ganesh Industrial to invest Rs 600 crore in NCR parks

Kolkata's Ganesh Industrial Complex is investing Rs 600 crore in new industrial parks across Delhi-NCR, targeting highway-adjacent locations. The company plans to develop around 110 acres in Haryana, leveraging strong demand from manufacturing and warehousing sectors. Ganesh Complex focuses on outright plot sales, creating integrated industrial ecosystems for clients like Amazon and Reliance, aiming for faster project execution and supply chain efficiencies in this key growth market.

 03 Jul 2026 11:38 AM   EconomicTimes

MEIL to pump in Rs 40,000 crore capex in 3 years, eyes Rs 2 lakh crore topline in 5 years

Megha Engineering & Infrastructures Limited (MEIL) Group is set to invest up to Rs 40,000 crore in capital expenditure over the next two to three years, targeting a Rs 2 lakh crore topline within five years. The conglomerate plans to take subsidiaries like Evey Trans, its electric bus operator, and its Defence vertical public.

 03 Jul 2026 10:15 AM   EconomicTimes

India's coal-fired power output in June rises to highest since November 2023

India's electricity demand surged in June, pushing coal-fired power generation to a near three-year high. Record heatwaves and a weak monsoon fueled this increase, with cooling needs driving up consumption. Despite a rise in renewable energy, the lack of battery storage for solar power at peak times meant coal remained crucial. Hydropower and natural gas generation saw significant drops.

 03 Jul 2026 10:14 AM   EconomicTimes

India allows four Chinese-linked power equipment firms to bid for government projects

India has opened the door for four Chinese power equipment manufacturers with local factories to bid on crucial government power projects. This exemption, valid for two years, aims to bolster the nation's expanding transmission network and renewable energy goals. The move follows a January request from the power ministry and comes amid easing border tensions, though it's not set as a precedent for other firms.

 03 Jul 2026 08:56 AM   EconomicTimes

Why petrol, diesel prices haven't fallen yet? Hardeep Puri explains outlook for fuel prices

 03 Jul 2026 05:30 AM   EconomicTimes

Jewellers may be louped in for idle gold mobilisation

The government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount of household gold. This initiative seeks to reduce India's reliance on imported bullion, especially with gold prices and import duties impacting jewellery demand. Discussions involving ministers, the RBI, banks, and industry representatives are underway, with an announcement anticipated before the festive season.

 03 Jul 2026 05:30 AM   EconomicTimes

From being a trust to gaining trust: AIFs call for switch to LLP model

India's private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The industry advocates for converting Alternative Investment Funds (AIFs) from trusts to Limited Liability Partnerships (LLPs), a globally recognized and preferred structure. This move aims to provide greater clarity on liability for foreign managers and investors, aligning India with international fund hubs.

 03 Jul 2026 01:13 AM   EconomicTimes

Auto companies stick to fast lane in pay hikes, too

Expect substantial salary increases in India's auto sector, with average hikes projected at 10.3% in 2026, surpassing the general corporate average. This boost is driven by strong vehicle sales and favorable government policies. Despite global uncertainties, companies are rewarding top performers while managing budgets carefully. Attrition rates are also anticipated to decrease as talent mobility slows.