Page 100 - Industry News

India's spirits industry braces up cautiously ahead of UK FTA ratification

With tariff cuts under the UK-India FTA, spirit producers expect faster growth, price access, and stiffer competition in premium whisky

Weddings, MICE make room for a record year-end hotel, travel bookings

India's 45 lakh weddings, festive travel, and corporate events are set to drive record hotel rates and occupancies, capping another strong year for the hospitality industry

Steely resolve under pressure: Buoyant demand fails to lift steel prices

Buoyant demand has failed to push steel prices amid an increase in production and imports, threatening to slow expansion plans and limit companies' ability to reinvest in capacity addition

CII urges govt to establish India Development and Strategic Fund

The industry body has urged government to set up a professionally managed, sovereign-backed fund to mobilise domestic and global capital and strengthen India's economic and strategic interests by 2047

India's top six cities record 26% rise in new office supply; Pune leads

The fresh supply of office space in Chennai jumped 320% to 2.1 million sq ft, while the supply doubled in Mumbai to 1.80 million sq ft

DPIIT signs pacts with over 50 firms to boost mfg, startup innovation

Firms, which have entered into these MoUs with the DPIIT, include boAT, HDFC Capital Advisors, Hero Moto, Zepto, Kotak Mahindra Bank, Yes Bank, Paytm, Walmart, and Ather Energy

CII calls for India Development and Strategic Fund to finance growth

CII has suggested that India's existing National Investment and Infrastructure Fund (NIIF) could be evolved into this developmental arm, leveraging its governance architecture and global investor base

India set to become largest global scotch whisky market, says SWA chief

India is already the biggest market for Scotch in terms of volume, out of 180 markets where it is exported, though in terms of value, it ranks among the top five, Mark Kent said

India stands at intersection of clean energy and AI, says Gautam Adani

He said the goal is to make India the world's most sustainable intelligence hub

Centre announces new deep-sea fishing rules to empower small fishers

The revised norms seek to tap high-value tuna resources that remain largely underutilised, even as neighbouring countries harvest them extensively in the Indian Ocean region

Telcos start trials for CNAP feature in Haryana, Himachal Pradesh

The feature is being introduced to help curb spam, fraud, and scam calls, as well as reduce incidents of impersonation where callers pretend to represent other people or organisations

Indian cinema shines brighter at box office Down Under with record run

Indian films are set to cross A$39 million at the Australian box office in 2025, outperforming local cinema and becoming the third-largest after the US and UK

IBBI proposes bidders disclose beneficial ownership in their entities

The insolvency regulator has proposed mandatory beneficial ownership disclosures by bidders under the Insolvency and Bankruptcy Code to improve due diligence and prevent misuse of Section 32A immunity

Over 65% owners paid part of property deal in cash: LocalCircles Survey

'Root cause' of such transactions is regulatory bottlenecks and low circle rates, says LocalCircles

ICC Women's Cricket World Cup final logs 446 million viewership

The India-South Africa final at DY Patil Stadium achieved the highest-ever reach for women's cricket, matching the ICC Men's T20 World Cup 2024 final viewership

SC asks Centre to adopt blockchain tech for smooth property registrations

The apex court called India's property registration process "traumatic" and asked the Centre to use blockchain technology to modernise and secure land ownership records

ReNew secures $331 mn funding from ADB for Andhra renewable energy project

ReNew had, in April 2025, announced a $2.5 billion investment to develop a 2.8 GW hybrid renewable energy complex in Andhra Pradesh - one of India's largest projects at a single location

Nasscom says govt's AI guidelines support coordination rather than control

It also proposed enabling a single reporting interface that routes across privacy, cybersecurity, and safety mechanisms, developing clearer conformance pathways for voluntary commitments

CCI approves proposed merger between InsuranceDekho and RenewBuy

The Competition Commission of India has approved the merger of InsuranceDekho and RenewBuy, marking a major consolidation in India's digital insurance marketplace

Future Group-Amazon in talks to negotiate settlement, lawyers tell Delhi HC

Future Group and Amazon told the Delhi High Court they are negotiating a settlement following the Singapore International Arbitration Centre's ruling directing Future to pay Rs 23.7 crore in damages