Page 124 - Industry News

House of Hiranandani to invest ₹500 cr for premium office tower in Andheri

The one-acre Andheri project will add 400,000 sq ft of leasable space as House of Hiranandani expands its Mumbai commercial footprint; JLL India advised the transaction

India's smartphone exports to US fly high, retreat in top European markets

An interplay of smartphone makers' decisions and government trade policies could be the reason for trend

Diwali through the ages: From harvest roots to LED-lit celebrations

Once marked by the simple lighting of diyas and modest home decorations, Diwali today is synonymous with affluence and high consumer demand

Centre refuses deadline extension for pharma firms after Coldrif deaths

The decision to turn down requests from drug manufacturers for more time came after it was highlighted that Sresan Pharmaceutical, the company that produced Coldrif, did not upgrade its facilities

How the Trump Organization expanded its real estate presence in India

Since its entry, the privately held, family-run business of US President Donald Trump has collaborated with leading Indian developers to launch several high-end Trump-branded projects

The festive rush: How FMCG sector is driving Diwali purchases and demand

With Diwali just around the corner, the FMCG sector is seeing strong sales across categories, with edible oils, dairy, and snacks driving festive demand

Diwali travel demand sets the tone for year-end holiday rush, high fares

Domestic and overseas travel surge 20-30% as Indians book flights and hotels early, with Goa, Varanasi, and Thailand topping demand charts

FMCG set to turn the corner as GST 2.0 may boost spend, says report

According to the market researcher, rising commodity prices have led to a growing valley between volume and value growth

India's cumulative BO collection up 18% in Jan-Sep, says Ormax Media

September 2025 grosses over ₹1,000 crore at Indian box office, led by They Call Him OG; January-September cumulative hits ₹9,409 crore, up 18% Y-o-Y.

Trai proposes steeper fines for telcos not reporting tariff change

Trai proposes daily fines up to ₹5 lakh on telcos for delays in reporting tariff changes, aiming to tighten compliance and ensure timely disclosures

M3M to invest ₹2,100 cr in Jacob & Co's branded housing debut in India

M3M Group partners with luxury watchmaker Jacob & Co to build India's first branded residences in Noida, with an investment of Rs 2,100 crore and prices up to Rs 25 crore

FSSAI bans food brands from using 'ORS' tag over misleading claims

Officials say ban comes with food brands not conforming with WHO guidelines, high OTC sales

Blue Energy Motors launches battery-swap e-truck, plans ₹3,500 cr plant

Blue Energy Motors unveils India's first heavy-duty electric truck with two-minute battery-swapping tech and signs MoU for a Rs 3,500-cr EV plant in Maharashtra

IT sector shows signs of recovery as clients warm up to AI-led projects

Infosys, which topped analyst estimates for profit and revenue in the second quarter, sees full-year revenue growth of 2-3%, compared with its prior view of 1-3%

Real estate developer Kalpataru's Q2FY26 pre-sales grow 19% to ₹1,329 cr

For the first half of the financial year 2025-26 (H1FY26), the company recorded a 43 per cent Y-o-Y increase in its pre-sales. The pre-sales stood at ₹2,577 crore compared with ₹1,799 crore in H1FY25

Silicon Labs to double India workforce, hire 800 in next five years

US-based fabless semiconductor firm Silicon Labs plans to expand its India presence, doubling headcount to 1,600 as it bets on IoT, smart cities, and local electronics manufacturing

Razorpay reports ₹1,209 crore loss in FY25 despite 65% revenue jump

Fintech major Razorpay's FY25 revenue surged 65% to Rs 3,783 crore, but high tax and restructuring costs from its reverse flipping to India pushed it into a Rs 1,209-crore loss

Ola Electric enters $12 bn energy storage market with home batteries

Ola Shakti batteries use the same 4680 cell technology deployed in the company's electric scooters

Centre unveils first State Mining Index to boost reforms in mineral sector

Madhya Pradesh, Rajasthan, and Gujarat lead in the first State Mining Readiness Index, as the Centre benchmarks States to boost mining reforms and sustainable practices

AI boom pushes 10 loss-making startups close to $1 trillion valuation

US venture capitalists have invested $161 billion into AI this year, making up two-thirds of their total spend, with most funding going to just 10 top AI startups