Page 10 - Industry News

SC flags highway encroachments; asks NHAI to install cameras at toll plazas

The Supreme Court asked the National Highways Authority of India to consider camera surveillance and monitoring rooms at toll plazas to check encroachment and illegal parking on highways

ASK Property Fund commits ₹300 crore to two Ghaziabad housing projects

The investments will support BRV Group's 4.7-acre Vasundhara project and KW Group's 1.5-acre Indirapuram development as ASK expands in established NCR markets

Construction costs rise 34%, housing prices 59% in 5 years: Anarock

Average residential values climbed to ₹9,260 per sq ft between 2021 and 2025, while construction costs rose to ₹3,604 per sq ft, widening affordability pressures

Maharashtra sees over $300 bn investment interest in data centres

The state currently accounts for 66 per cent of India's data centre capacity and is targeting 5.7 GW by 2032 as it pursues a $1 trillion economy by 2030

Delhi Metro: How a troubled rail project turned into a model public transit

The Delhi Metro has grown into a global public transit model since opening in 2002, overcoming early challenges to build one of the world's longest metro networks

Canada probes fake food labels in India over possible risks to imports

Canada's food safety agency is assessing whether an Indian operation that used fake expiry dates and nutrition information on food products poses a risk to imports

Redevelopment share of Mumbai housing sales rises to 15%: JLL-Naredco

More than 1,000 redevelopment projects have been launched since 2020, while slum redevelopment now spans over 2,100 acres and self-redevelopment proposals exceed 1,600

Hilton bets on India to drive its next phase of Asia-Pacific growth

Hilton has 60 hotels under construction and commitments for 400 more in India, as it bets on rising travel demand, religious tourism and growth in tier-II and tier-III cities

Refurbished medical device import policy remains under discussion

India's proposed rules for refurbished medical device imports remain unresolved nearly a year after a government panel was formed, amid safety concerns and demand from smaller hospitals

Ecom, qcom, logistics firms ramp up hiring to meet festival demand

Meesho aims to enable over 10 lakh jobs, while Amazon has created more than 160,000 seasonal work opportunities across its India operations network

India must prioritise thorium as uranium supply tightens: Anil Kakodkar

Former Atomic Energy Commission chairman says India should use thorium in PHWRs and develop recycling technologies as pressure on global uranium supplies increases

Sugar mills question high retail prices as ex-mill rates fall sharply

Sugar mills say retail prices should have fallen faster as ex-mill rates dropped nearly 30 per cent from their August peak, with no shortage reported in the market

Subhash Chandra tells NCLAT insolvency proceedings led to 'media trial'

Zee Group founder tells appellate tribunal he was 'vilified' over reports on repayment proposal; lenders object to statements intended for media publication

CBRE to set up global Agentic AI CoE in Hyderabad, eyes frontend work

India will anchor the core of the CoE alongside a Dallas team as CBRE targets automation of 30 critical enterprise workflows over the next nine to 12 months

NMDC's August iron ore production rises 21% to 4.07 million tonnes

Cumulative production rises 26 per cent to 23.23 MT in April-August; state-run miner says it is on track to produce more than 60 MT of iron ore in FY27

India's small-scale fishers face unpredictable climate risks: Report

The report recorded the experiences of fishing communities and identified climate vulnerability as an issue that must be addressed proactively in the country's future small-scale fisheries policy.

Yotta Data Services likely to file draft IPO papers as early as October

Hiranandani Group-backed data centre operator is also looking to raise capital from private equity firms through a pre-IPO funding round

Novonesis plans ₹6,660 cr investment in Maharashtra biosolutions facility

The facility, expected to be fully operational in 2030, will produce enzymes for industries including biofuels, household care, and food and beverages

India ecommerce market to nearly triple to $345 billion by 2030: Infisum

Quick commerce is projected to drive as much as half of incremental e-retail growth, while AI and smaller-city shoppers reshape digital retail, according to a report by research consultancy Infisum

Nalco faces ₹28.6 lakh fine from NSE, BSE over Sebi non-compliance

The two exchanges imposed a penalty of Rs 14.31 lakh each for violations related to the composition and functioning of the company's board and committees