Real estate consultants are expanding into design, project management, flexible workspaces and technology to diversify revenue and offer clients integrated services

real estate

Business Standard

Max Healthcare's Abhay Soi discusses the economics of hospital care, regulatory scrutiny of medicine mark-ups and reforms needed to improve affordability and expand healthcare capacity

Abhay Soi, Chairman and Managing Director, Max Healthcare

Developed with Germany's Aerovide, the Vayona 5.0/193 features a 193-metre rotor and is designed for India's wind and climate conditions, with local manufacturing and service

Vayona Energy

Higher coal supplies and rail loading have slowed stock depletion at power plants, but inventories are yet to recover and more stations are in the critical-stock category

coal

Domestic manufacturers want importers' margins included in a uniform trade margin framework for medical devices, with a pilot covering high-volume consumables such as IV sets

cancer vaccine

Indian IT firms have sharply reduced PERM filings and expanded local hiring in the US, with analysts expecting a limited industry impact from the programme's suspension

US suspends PERM green card applications for major IT firms amid scrutiny of foreign-worker hiring. (Representative Picture)

The Chandigarh facility is being commissioned in phases, starting with warehousing and logistics, and is expected to become fully operational over the next six to eight months.

JMI | Image: Company's Website

Under a new BJP govt in West Bengal, the tram is being offered the hope of a second life in Kolkata

kolkata, tram, transport

The Vietnamese EV maker has signed letters of intent with dealer partners across 34 cities as it builds a dedicated distribution network for electric motorcycles in India

vinfast

Sales in price band remain flat between 2019 and 2025 even as overall PV market grows 54%; nine in 10 used cars sell for ₹10 lakh or less

auto sector, passenger vehicles

Rural vehicle sales rose 32.69 per cent in September, supported by small businesses and non-farm incomes, while tractor demand remained more sensitive to farm conditions

Rural Auto

The newly approved fund will provide equity capital to growth-stage SMEs, with a focus on manufacturing firms and industrial clusters in Tier-II and Tier-III cities, to boost expansion and exports

investment, funds, funding

The India SME Forum estimates the MSME procurement economy at ₹124.9 trillion, but says only 30-40 per cent of spending currently takes place through digital channels

MSME exports

The highly fragmented and labour-intensive industry relies on imported raw materials such as gold and rough diamonds, exposing it to demand fluctuations and geopolitical disruptions

India gems and jewellery exports, West Asia conflict impact, US tariffs jewellery India, UAE trade India gems, Gems and Jewellery Export Promotion Council, export slowdown India, precious stones imports UAE, gold imports India UAE, trade diversificat

MSME fintech firm Progcap aims to raise up to USD 45 million (approximately Rs 425 crore) from share sales in FY28 to expand its lending business.
"We are planning a capital raise through equity dilution next financial year," Progcap co-founder Himanshu Chandra told PTI.
It would be through private placement of shares, and the quantum could be in the range of USD 40-45 million, depending on the valuation, he said.
"We have enough capital to take care of growth needs for the current financial year. We may look at dilution of equity next financial year," he said, adding that the dilution would be in the single digit.
The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers.
The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh.
The lending firm focuses on loans to retailers and wholesalers across 10 

The fintech firm plans to raise up to $45 million through a private placement of shares next financial year to support the expansion of its MSME lending operations

Press Trust of India

The asset manager has appointed former Avendus Capital executive Nandik Mallik to lead its specialised investment fund business

Axis Bank

Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series

Bloomberg consensus estimates project banks' Q2FY27 net profit at ₹1 trillion, up 19.6 per cent year-on-year, while large FCNR(B) deposit inflows are expected to weigh on margins.

HDFC Bank, ICICI Bank, Yes Bank, West Asia crisis, asset quality, RBI, forex losses, Q4FY26, Indian banks, geopolitical impact

The SBI report favours an asymmetric widening of the LAF corridor, faster rate action and a shorter deadline for export proceeds as global uncertainty pressures markets

rbi, reserve bank of india

Industry News: Find the top news on industry, banking & financial sector, manufacturing industries news, industry trends, corporate news and many more on Business Standard.

Industry

Auto

SME

Banking