Market News Today

Maharashtra's PWD issued a ₹20.22 crore tender for road development from Karma height to Tapavan STP in Nashik. Bids close on October 19, 2026, aiming to improve municipal infrastructure and access.

The new colour-coated steel line, commissioned on Monday, is part of the company's ongoing ₹800-crore expansion plan at Bokaro in Jharkhand, aimed at offering special steel products

Prime Minister Narendra Modi will inaugurate infrastructure projects and lay the foundation stones for several development initiatives worth over ₹13,000 crore in Tamil Nadu

India's government has introduced a draft steel policy for public consultation, targeting a steel capacity of 604 million tons by 2047. The policy aims to reduce the carbon-emission intensity for crude steel production from 2.54 tons to 1.54 tons. It also plans to secure access to high-grade iron ore reserves through joint ventures and foreign assets. Coking coal demand is expected to reach 236 million tons, necessitating diversifying sourcing strategies.

Honda's upcoming 0 Alpha electric SUV has been spied testing in India. Featuring LFP batteries up to 75kWh and a 2700-2800mm wheelbase, production begins in Rajasthan ahead of early 2027 launch.

Contractors stalling public infrastructure face contract termination, blacklisting, and prosecution to recover disbursed funds, according to official warnings.

Tamil Nadu aims for power self-sufficiency by expanding green energy and thermal capacity, targeting 50% renewable share by 2031 to reduce financial strain and meet surging industrial demand.

NTPC Limited invited Expressions of Interest for a 26% equity stake in industrial co-generation projects, aiming to provide reliable steam, electricity, and sustainable energy solutions to commercial and industrial entities.

Andhra Pradesh Finance Minister Payyavula Keshav urged Union Minister Nitin Gadkari to build bypasses and paved shoulders along the 71.25 km stretch of NH-42 to prevent accidents, receiving in-principle approval.

West Indian Ocean Cable Company (WIOCC) signed a US$300 million Shareholder Subscription Agreement with Africa Finance Corporation (AFC) and Vision International Investment Company. This investment aims to accelerate WIOCC's strategy to build open-access critical infrastructure across Africa.