Page 106 - Industry News

M&M records 26% growth in overall auto sales to over 120K units in October

On the farm equipment business front, M&M said total tractor sales in October were at 73,660 units, as against 65,453 units for the same period last year, up 13 per cent

Pfizer sues to stop rival bid for Metsera by Denmark's Novo Nordisk

Novo said it planned to buy Metsera in a deal that could be worth up to $9 billion, and Metsera said the offer appeared to be superior to Pfizer's bid, which was announced in September

Demand for work under MGNREGA falls 35% in October, shows data

The incessant rains in rural parts of the country that continued in October as well made several work sites inaccessible for labourers and could have contributed to halting the field work

Fast-track high-value tax disputes, revamp TDS rules: CII to govt

CII noted that tax litigation continues to burden businesses, with more than five lakh appeals involving nearly ₹18 lakh crore pending before the commissioner (appeals)

Live events segment increasingly gains prominence for ticketing platforms

After Coldplay and Guns N' Roses concerts, India's live events sector is surging, contributing 30% of ticketing revenue and emerging as a key growth driver for entertainment platforms

Indian refiners set the stage for lower Russia crude oil purchase

Indian processors, the top buyers of seaborne oil from Moscow, have been weighing up their options since US authorities blacklisted two of Russia's largest producers, Rosneft PJSC and Lukoil PJSC

Aratt developers launch ₹3,500 cr mixed-use development in Bengaluru

Aratt One World and Marriott International will jointly develop a JW Marriott in Bengaluru's Electronic City with a Rs 3,500 crore investment; the luxury hotel opens in 2030

USFDA's new biosimilar norms to woo more players, fast-track mkt entry

Indian cos like Biocon, DRL, Intas, Lupin stand to benefit from the proposed move

Apple India hits record revenue in Sept quarter on strong iPhone sales

Smartphone and services sales driving growth across emerging markets, says Tim Cook

Swan eyes ₹875 crore govt aid for Pipavav Shipyard expansion

Under the brownfield expansion programme of the scheme, existing shipyards can avail assistance of 25 per cent of the capital expenditure undertaken

Godrej Consumer Products signs pact to acquire Muuchstac in all-cash deal

The Muuchstac brand is currently among the top two players in the men's online facewash category and holds the top-three spot overall

Ethnic brands cash in on wedding boom as bridal wear demand surges

The Big Fat Indian Wedding just got fatter, with labels from Biba to Taneira moving up value chain to tap into bridal boom

Indian hotels post steady gains in September despite seasonal slowdown

Hotel industry sustains growth momentum in September 2025 as room rates and occupancy rise despite a traditionally slow quarter; Bengaluru and Hyderabad emerge top performers

Narayana acquires UK-based Practice Plus Group Hospitals for ₹2,200 crore

The deal marks the Indian hospital chain's entry into the British healthcare market, strengthening its ambition to expand globally

Developers' housing focus deepens office space shortage: Knight Frank

Knight Frank-CII report says India's top developers are prioritising residential projects over office spaces due to higher margins and quicker returns, causing supply imbalances

Industry credit rises 7.3% in September as retail loan growth moderates

RBI data shows faster growth in credit to industry at 7.3 per cent in September 2025, led by engineering, infrastructure, and textiles, even as retail credit slows to 11.7 per cent

Pvt investment, states key to achieving Viksit Bharat goal: EAC-PM chairman

S Mahendra Dev says sustaining growth towards Viksit Bharat 2047 hinges on private investment, cooperative federalism, and inclusive, sustainable development

Mumbai property registrations fall 14% in Oct: Knight Frank India report

Despite a 14 per cent annual dip, Mumbai's housing market held steady above 11,000 registrations in October 2025, with demand led by mid-income buyers and Western suburbs

Spyware attacks on Indian corporates surge 273% in H1 2025: Kaspersky

Kaspersky blocked over 200,000 spyware attacks on Indian organisations in H1 2025 - a 273% year-on-year spike - as attackers increasingly target corporate data and IP assets

India among world's busiest nations, strives for work-life balance

People with advanced education qualifications have more workload on them