Page 12 - Industry News

Meity may cut compliance timeline for key DPDP rules to 12 months

Proposed move to shorten implementation time to 12 months from 18 months is likely to face resistance from industry players

Naredco budget wishlist: Industry status, hike in home loan interest

NAREDCO President Parveen Jain said the limit for deduction of interest on home loans should be increased to ₹5 lakh in respect of the self-occupied property from ₹2 lakh currently

Zepto closes gap with Blinkit in quick commerce app installation reach

Zepto has nearly caught up with Blinkit in app penetration by CY25, intensifying the race for leadership in India's fast-growing quick commerce market

H&M's sales lead widened in FY25; Uniqlo emerged as breakout story

H&M remained India's top global fashion retailer in FY25, while Uniqlo clocked the fastest growth, even as rivals like Zara and M&S lagged amid market slowdown

₹22 cr penalty levied on IndiGo for December chaos: Govt to Delhi HC

The government also placed before the court, in a sealed cover, its report on the inquiry conducted into the incident

Bharti Airtel unlikely to take legal route for AGR relief, for now

Writes to DoT seeking reassessment of dues

Republic Day long weekend triggers robust travel activity in India, abroad

Short-haul local and international destinations see uptick

Ahead of Union Budget, industry seeks scrapping of Customs SVB

Ahead of Budget 2026-27, industry urges scrapping Customs SVB, proposing risk-based post-clearance audits to cut delays and compliance costs

Budget 2026: Developers demand targeted tax reforms to spur housing demand

Ahead of Budget 2026, realtors seek higher home loan tax deductions, a wider affordable housing definition, and dispute-resolution reforms to revive housing demand

ASF Group raises ₹1,250 crore funding for Gurugram office project

ASF Group's arm, ASF Insignia SEZ Pvt Ltd, is developing a 50-acre integrated commercial IT office campus at Vatsal Valley, Gurugram

Rajasthan approves schemes to promote Pushkar as wedding destination

The schemes were approved by the state's Real Estate Regulatory Authority (RERA) and Ajmer Development Authority (ADA), a senior ADA official said

63SATS bets big on mobile cybersecurity with insurance net in India

Apart from controlling cyber threats, risks, and frauds, 63SATS Cybertech has also tied up with general insurer ICICI Lombard to provide a financial safety net to its cybersecurity app users

Department of Posts aims 30% revenue growth in FY26 to ₹17,546 cr: Scindia

The minister, after the third quarterly review of the Department of Posts (DoP) said out of six verticals, five posted growth in revenue

Fujiyama commissions ₹300 crore solar cell plant in UP to boost capacity

The company currently operates with a total 1.6 GW of solar panel manufacturing capacity, of which 1.2 GW is located at Dadri

Housing sales in Bengaluru, Hyderabad, Chennai up 15% in 2025: PropTiger

Sales of residential properties declined in the Mumbai region, Delhi-NCR, Pune, and Ahmedabad, but increased in Bengaluru, Hyderabad, Chennai, and Kolkata

Budget 2026: Nasscom urges cloud tax clarity, ESOP deferment for startups

Nasscom also observed that India's data centre sector drives digital and AI growth, offering hosting services to global cloud providers on arm's-length terms

India now 2nd largest overseas market for US travel as visitation rises 40%

While New York, California and Florida continue to be the most popular destinations for Indian travellers, Dixon said repeat visitors are increasingly venturing deeper into the country

Niti Aayog suggests ₹6,000 cr VGF, PM-Suryaghar-like scheme for MSMEs

Niti Aayog has proposed a PM-Suryaghar-style capital subsidy scheme and a ₹6,000-crore viability gap funding mechanism to help MSMEs cut energy costs, adopt green power and stay competitive globally

Swelect Energy Systems rebrands, launches NUMERGY energy storage line

The new logo and tagline signal a clear strategic direction as the company expands its presence in solar, energy storage, and integrated energy solutions

Trai probes telcos' pricing issue over network setup at Navi Mumbai airport

Right-of-way (RoW) refers to the rules and rights with regard to the deployment and operation of telecom infrastructure by service providers on public and private property