- Apollo Hospitals bets on expansion, clinical edge to maintain lead May 20, 2026Apollo Hospitals plans to add 1,500 beds in the next 12-18 months to strengthen its lead in India’s private healthcare market. The company reported strong FY26 growth across hospitals, diagnostics and pharmacy businesses, aided by expansion and clinical specialization.
- Navi Mumbai airport can hike passenger fees by 6% from next April, regulator says May 20, 2026At ₹620 for departing domestic passengers and ₹270 for those arriving, Navi Mumbai airport already has the second-highest user development fees of any major Indian airport.
- Meta layoff: Here is what 8,000 employees let go will receive as severance package May 20, 2026Meta has begun laying off 8,000 employees globally as part of its restructuring to focus on AI. Affected workers will receive severance packages, with US employees getting 16 weeks of pay and healthcare coverage. This round of layoffs represents nearly 10% of Meta's workforce.
- Ola Electric misses FY26 revenue guidance, cuts losses in reset year May 20, 2026On Wednesday, the Bengaluru-based company posted a 50% year-on-year decline in FY26 revenue at ₹2,253 crore, well below its ₹3,000-3,200 crore guidance issued in November. Ola Electric attributed the miss to an operational reset and higher investments in in-house cell manufacturing
- Jubilant FoodWorks sees near-term margin hit as costs rise May 20, 2026Jubilant FoodWorks faced multiple inflationary headwinds, particularly from LPG and PNG prices, wage inflation and rising logistics-linked commodity costs.
- Core sector output rises 1.7% in April May 20, 2026India's core sector output saw a rise in April, reaching 1.7% growth compared to the previous year. This improvement was driven by increased electricity generation and cement production. While some sectors experienced a slowdown, potentially due to global events, the overall core sector performance indicates a positive trend in industrial activity. This […]
- India's toffee exports jump 166% in 12 years to reach Rs 132 crore in 2025-26 May 20, 2026India's toffee exports have seen a remarkable surge. They climbed 166 percent over 12 years, reaching Rs 132 crore in 2025-26. This growth was highlighted by Commerce Minister Piyush Goyal. The announcement followed a warm exchange between Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni. Meloni thanked Modi for gifting her 'M […]
- India's infrastructure output grows 1.7% in April; cement, steel, electricity lift core sectors May 20, 2026India's core infrastructure output saw a 1.7% growth in April 2026. Cement, steel, and electricity production expanded strongly. However, coal, crude oil, natural gas, refinery products, and fertilisers experienced contractions. For the full fiscal year 2025-26, cumulative growth reached 2.7%.
- India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: Report May 20, 2026India's manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing share, India aims to increase R&D expenditure to 2% by 2035, requiring greater private sector involvement and stronger innovation ecosystems. This transition to innovation-driven manufacturing is crucial for lon […]
- ‘A decisive phase’: Giorgia Meloni says India-Italy ties are being rewritten at speed May 20, 2026India and Italy are entering a significant new era in their relationship. Prime Minister Giorgia Meloni met with Prime Minister Narendra Modi. Their nations are now forging a special strategic partnership. This partnership is built on shared values of freedom and democracy. It reflects a common outlook for the future. Ties have grown with remarkable speed. […]
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