Page 129 - Industry News

Taj GVK, IHCL sign 20-year pact for new five-star hotel in Bengaluru

IHCL will manage Taj GVK's upcoming five-star property in Yelahanka, Bengaluru, under a 20-year agreement as part of its ongoing expansion through management contracts

UP govt to hold global roadshows to attract manufacturing investments

The Yogi Adityanath-led government is targeting ₹3 trillion in manufacturing investments in 2025-26, up from ₹2.81 trillion in FY25

Govt panel urges faster nuclear approvals, fuel security to meet 100GW goal

It has recommended using existing sites and retiring thermal plant locations for new nuclear projects

Andhra govt to sign Google deal for AI hub, 1-GW data centre in Vizag

Andhra Pradesh inks pact with Google for a ₹80,000-crore 1GW AI data centre in Vizag, expected to create 1.8 lakh jobs and anchor India's first AI City project

Zero MDR on UPI challenging sustainability of system: CareEdge Research

The report said that UPI is well positioned to consolidate its role as the backbone of India's payments landscape on the back of interoperability and a conducive regulatory environment

Global airlines face $11 billion supply chain hit in 2025, says IATA

"Even if you halve the number, it's still a massive drag on the industry," Walsh said in an interview

Mumbai leads home sales in Q3, sees 11% rise in office rents: Knight Frank

The average residential prices in Mumbai saw a healthy appreciation of 7%, driven primarily by sustained traction in the higher ticket-size segments

Tea production drops to 170.12 million kg in August: Tea Board data

Production volumes in Assam during August 2025 declined marginally to 103.52 million kilogrammes as compared to 104.46 million kilogrammes, according to the data

Bombay HC grants interim stay on 18% GST for hotel-based restaurants

According to the guidelines, "restaurant services" within "specified premises" are to be taxed at 18 per cent, with Input Tax Credit, while others continue to be taxed at 5 per cent without ITC

HydraFacials to botox: How India's wedding rush is powering a beauty boom

As India's wedding season begins, demand for quick, non-surgical beauty treatments surges - from HydraFacials and Botox to Ultherapy and PRP - promising glow without downtime

Cough syrup deaths: Probe into Coldrif manufacturer exposes TNFDA lapses

The TNFDA conducted an audit of Sresan Pharma on October 1 and 2 on a request from its Madhya Pradesh counterpart, but this information was also not shared with the CDSCO headquarters

Smaller cities drove India's greenfield hotel projects in H1 CY25

Newer hotels may take up larger share of signings in the year, led by global brands expanding operations

India Energy Stack looks to overhaul power sector's technology backbone

The ambitious initiative aims to integrate producers, distributors, and consumers into a connected data ecosystem for smarter energy management and consumer participation

Delays, arbitrary charges for RoW nods hindering telecom growth: MoS

The minister, during a meeting with state IT ministers at India Mobile Congress 2025, urged the state governments to take action to operationalize single window systems, enforce time bound approvals

Gap between telcos network spending and revenue widens beyond ₹10,000 cr

'The Centre has come out with a very good ROW policy. It is a different matter that many people have not yet fallen in line and are still charging extremely high,' Kochhar said

Top Indian cement firms to post strong Q2 FY26 earnings amid higher volumes

Y-o-Y Ebitda per tonne rises sharply on better pricing and volume growth, while seasonal monsoon and GST cut temper quarterly gains across major cement firms

For growth, apparel brands bank on Gen Z's love for baggy pants and hoodies

Legacy apparel players are making bold fashion bets on GenZ with sub-brands, fast trends, and affordable fits as the segment reshapes India's retail landscape

Rains drag Q2 growth for hotels; festive, MICE demand to drive H2

An extended monsoon slowed Q2 occupancy for hospitality players, but brokerages expect a strong second half led by MICE, festive, and wedding demand

India exports 775k tonnes of sugar during 2024-25 marketing season: AISTA

The sugar marketing season runs from October to September. Sugar exports for the 2024-25 marketing season in India were allowed on January 20, 2025

Domestic beer industry seeks import relaxation amid aluminium can shortage

Key aluminium can suppliers, BALL Beverage Packaging India and Can-Pack India, have already exhausted their domestic capacity at their manufacturing units