Page 130 - Industry News

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

Hospitality, travel sectors see high demand ahead of long Diwali weekend

With the GST reform acting as a key driver for mid-scale hotels and mid-market domestic customers, making it easier for travellers to explore lesser-known destinations

Tourism sector expected to grow with more than 25% CAGR: Gajendra Shekhawat

Tourism now contributes over Rs 20 trillion to our national GDP. It provides livelihood to more than 84 million people, he said

PM Modi, Anthropic CEO discuss responsible AI; firm plans India expansion

"We welcome Anthropic's expansion and look forward to working together to harness AI for growth across key sectors," the prime minister said

AI to make telecom networks self-healing, boost services with 6G: DoT Secy

According to telecom industry players, 6G trials are expected to start in 2028 and commercial deployment will take some more time

PM Modi meets Qualcomm CEO, discusses India's growth in AI and innovation

"Great to see Qualcomm's commitment towards India's semiconductor and AI missions. India offers unmatched talent and scale to build technologies that will shape our collective future," PM Modi said

Sachin Tendulkar launches sportswear and athleisure brand TEN x YOU

The Bengaluru-based brand offers cricket-specific footwear and lifestyle apparel, marking the cricket legend's foray into India's booming athleisure market

AI impact may affect 2 million jobs in India's tech sector: NITI Aayog

To turn disruption into opportunity, the NITI Aayog has recommended the launch of a National AI Talent Mission as a nationally coordinated effort to make India the AI workforce capital of the world

Asian Paints moves Supreme Court against CCI probe into Grasim case

The company challenges the CCI's probe order after the Bombay High Court dismissed its plea on alleged abuse of dominance in the decorative paints segment

Govt proposes Electricity Bill 2025 for cost-reflective power pricing

The draft law seeks mandatory cost-reflective tariffs, lower industrial power rates, and relief from cross-subsidies while boosting clean energy investment

India to power global fixed wireless growth: Ericsson CTO Erik Ekudden

Telecom gearmaker's CTO says 6G to unlock smart glasses revolution

SC dismisses PIL seeking probe into Viceroy's claims against Vedanta Group

The apex court declines to entertain a plea based on Viceroy Research's report, questioning why foreign short-sellers should influence Indian market sentiment

Govt mandates import registration for key renewable energy components

The import policy conditions of these items will come into effect from November 1, the Directorate General of Foreign Trade said in a notification

MSMEs contribute 40% to India's production, exports: Shobha Karandlaje

Minister of State for MSME Shobha Karandlaje emphasised that the government's resolve to build a Viksit Bharat by 2047, and highlighted the immense contribution of the MSME sector

Mahindra Lifespaces to redevelop four Malad societies, eyes ₹800 crore

The project spans 1.65 acres in Malad (West) and marks Mahindra Lifespaces' deeper push into Mumbai's booming redevelopment market

SBI processes SME digital business loans worth ₹74,434 crore since launch

Launched in FY24, the SME Digital Business Loans platform enables MSME entrepreneurs to apply online for credit requirements of up to ₹5 crore

Tea sector grappling with acute financial stress: ITA Chairman Bangur

With prices down and costs up, ITA's Hemant Bangur warns of viability risks for tea estates and urges a minimum sustainable price to stabilise the sector

Equity investments in Indian real estate rise 48% to $3.8 bn in Q3FY26

During the full 2024 calendar year, the equity investments in Indian real estate stood at $ 11.4 billion

Securitisation volumes rise to ₹73,000 crore in Q2 FY26: ICRA report

NBFCs led issuances while bank-originated deals slowed; ICRA and Crisil see steady demand from microfinance and corporate transactions in Q2 FY26