Page 121 - Industry News

Revolut India bets big on prepaid Visa cards, targets $7 bn in transactions

Revolut India is rolling out prepaid cards on the Visa network, and is planning to add 20 million customers in the next five years in the country

India rapidly emerging as global hub for services exports, says NSE

The National Stock Exchange (NSE) highlights robust growth in the services sector, structural reforms, and demographic advantages driving the country's economic transformation

UK businesses accelerate India expansion plans post-FTA: Report

According to Grant Thornton's latest International Business Report' (IBR) analysis from last week, 72 per cent of UK firms now identify India as a key market for international growth

Hyderabad, Bengaluru, Chennai see 47% rise in housing sales: PropTiger

India's top-eight primary housing markets (first-sale) saw a 1 per cent decline in sales during July-September, mainly due to lower demand in Mumbai, Pune, and Delhi-NCR

Satellite internet players face higher fees as DoT proposes 5% AGR charge

Trai's extra ₹500 per urban subscriber plan rejected; DoT opts for 5 per cent adjusted gross revenue (AGR) fee for satellites, citing difficulty in monitoring rural-urban distinctions

US, India likely to drive new copper demand as China's growth slows

Changing regional policies, infrastructure cycles and geopolitical shifts are likely to mean producers, consumers, traders and investors need to adapt to a market that has many different drivers

Festive cheer lights up growth prospects for lesser-known D2C startups

Festive season 2025 boosts visibility and sales for homegrown D2C brands, with creative strategies driving 10-100% growth across startups and small businesses

iPhone fever spills into India's second-hand market: Counterpoint Research

Refurbished iPhone sales in India surged 19 per cent year-on-year in H1CY25, driven by consumer appetite for premium models such as the iPhone 13 and iPhone 14 series

Results preview: Pharma sales may be up 9-10% in Q2 on robust domestic biz

Domestic business and exports are expected to be a shot in the arm; hospitals and diagnostics to lag

Govt to tighten rules for sale of oral formulations containing alcohol

Health Ministry also mandates QR codes on vaccines and anti-cancer meds, eases sales licence norms for liquid antiseptics

Liquidation regulations amended to abolish sale as going concern

IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process

A quieter Diwali at box office: Collection likely to see 60% dip

Unlike last year's star-driven blockbusters, this Diwali's releases led by *Thamma* and *Ek Deewane ki Deewaniyat* mark a shift toward story-led cinema and regional strength

Tracking Diwali lights: High footfall boosts sales across categories

High footfall boosts sales across apparel, electronics, decor - and green crackers

Andhra's $15 bn Google deal sparks competition among southern states

Last Wednesday, the Andhra Pradesh government announced that it had approved two major investments by the Raymond group, worth ₹940 crore, in aerospace and automotive manufacturing

Govt puts in place timelines to expedite ops of auctioned mineral blocks

The move aims at improving monitoring across the stages of mine development and preventing bidders from sitting on the blocks without beginning the operations

NCLT clears Reliance Retail's takeover plan for Future Supply Chain

NCLT Mumbai approves Reliance Retail's resolution plan for Future Supply Chain, ensuring creditors' recovery and revival of the logistics firm on a going-concern basis

REI Expo 2025 to attract over ₹1,800 cr investments in biogas sector: IBA

The spotlight this year is firmly on biogas as a game-changer for India's green growth, an Indian Biogas Association (IBA) statement said

Non-metro cities drive India's online Diwali shopping boom: Report

As per the industry data analysis of over 4.25 crore shipments by logistics intelligence platform ClickPost, these regions now represent the fastest and largest drivers of festive e-commerce

GST cuts boost spending; festive, wedding season sales to cross ₹7 trn

The Centre said that the timing of the GST cuts just before the festival and wedding season proved ideal, boosting consumer sentiment across sectors

Added electronics consumption of ₹20 trn likely due to GST rejig: Vaishnaw

He was speaking at a joint press conference with Finance Minister Nirmala Sitharaman and Commerce and Industry Minister Piyush Goyal on savings due to GST reforms