Industry News

IIM Bangalore, Square Yards to build property price index for India

The multi-year collaboration aims to develop a transparent, data-driven residential property price index to help homebuyers, investors, lenders and policymakers

India's renewable capacity additions rise 25% to 30.6 GW in H1 2026

Solar capacity additions surged 43 per cent year-on-year in the first half of 2026, taking India's total installed renewable energy capacity, including hydro, to 288 GW

Why Isro is seeing more exits and what it could mean for India's space push

Why is the government making it harder for some Isro scientists to leave? The answer lies in India's growing private space industry, and lessons from abroad

Novo Nordisk's Wegovy gets CDSCO nod for treatment of fatty liver in India

The approval makes Wegovy the first GLP-1 receptor agonist cleared in India for treating non-cirrhotic MASH alongside diet and lifestyle changes

Draft CAFE-III norms: What's changing in India's fuel-efficiency rules?

The Centre has released draft CAFE-III norms for passenger vehicles. Here's what the proposed fuel-efficiency rules change, and what they could mean for carmakers and buyers

Indian IT firms revive hiring, but AI talent shortage slows rebound

Indian IT firms are hiring again, but recruitment is increasingly focused on specialised AI roles. A shortage of job-ready talent is forcing companies to rely more on selective hiring and reskilling

Over 100 multinationals eyeing treasury operations in GIFT City: JPMorgan

More than 100 companies have approached JPMorgan to explore banking and payment solutions for treasury operations in GIFT City, reflecting rising multinational interest in India's financial hub

Downstream aluminium bodies seek lower import duty on primary aluminium

Industry associations say the current duty structure has enabled import-parity pricing by domestic producers, raising input costs and squeezing the profitability of downstream MSMEs.

SII to manufacture TB vaccine candidate under Gates MRI agreement

The agreement positions the Pune-based vaccine maker to manufacture the M72/AS01E TB vaccine candidate at scale if ongoing Phase III trials succeed and approvals are secured

End-of-season sales shed discount-first playbook amid strong demand

Fresh merchandise drives demand as retailers pare markdowns and shorten sale periods

India's pharma exports to UK may reach nearly $1 billion in FY27

Improved market access and zero tariffs under the India-UK trade agreement are expected to lift Indian pharmaceutical exports to over $980 million in FY27

Tourism must be measured by value, not merely footfall: Shekhawat

The Union tourism minister said India must focus on visitor experience, employment, infrastructure and lasting economic impact while expanding the sector

Petrol, diesel sales surge in early July on delayed monsoon demand

Petrol and diesel sales surged in early July as delayed monsoon rains boosted demand from farmers and motorists, while LPG consumption remained subdued

Delhi HC hears creators' plea over alleged misuse of Meta's copyright tools

Two digital creators have alleged that Meta's Facebook edit feature is being misused to backdate posts, enabling false copyright claims and threats to their Instagram accounts

Cidco signs 60-year lease pact with Today Royal Developers for ₹177 crore

The Navi Mumbai plot in Nerul, secured through Cidco's e-tender process, will be developed for residential and commercial use under a 60-year lease agreement

RIICO invites applications for industrial plot allotment under 12th phase

RIICO opens 12th phase of industrial plot allotment scheme to boost private investment and PPP-led industrial park development in Rajasthan

Aurum Proptech acquires Housing.com for ₹458 cr, eyes AI integration

Firm aiming to build India's first AI Native Realty Operating System

HCLTech to acquire Guardian India for $10.5 mn; 2k employees to transition

HCLTech will acquire Guardian India Operations for $10.5 million, onboarding nearly 2,000 employees under a seven-year AI-led transformation partnership

Understanding Voltas AC price hike: Why other brands may follow next

Voltas has raised AC prices despite the monsoon slowdown. Here's what is driving the increase, why other brands may follow, and what it means for consumers

Prestige Q1 pre-sales fall to ₹6,579 crore as sales volume drops 37%

Prestige Estates' residential pre-sales declined on a strong year-ago base, though collections rose 6.2 per cent and Hyderabad contributed nearly half of quarterly sales