Page 14 - Industry News

Lloyds Realty plans ₹1,935 crore redevelopment project in Goregaon

The integrated redevelopment of five housing societies will involve about 30 lakh sq ft of construction and is expected to generate ₹3,320 crore in revenue

74% Gen Z Indians prefer work-life balance over leadership titles: Report

The Emeritus report, based on a survey of 1,010 Indians aged 15-28, found young people are reassessing traditional career paths amid AI, layoffs and visa uncertainty

Power push to lift revenue growth 100-200 basis points for large EPC cos

Power investments, steady government infrastructure spending and overseas opportunities are expected to strengthen order books, though commodity inflation may pressure margins

Meta reacts as Centre flags fraud risk from 'porn app' ads on its platform

The advisory warned users about fake porn apps being promoted through Facebook and Instagram ads that may lead to financial fraud

Makaibari blends Darjeeling's small tea growers into new Collective

The Makaibari Collective will source organically grown tea from small farmer cooperatives, with profits shared among growers in proportion to the quantity supplied

ONGC to spend ₹1 trillion on deepwater exploration, drill 87 wells

State-run explorer plans to drill 87 deep and ultra-deepwater wells over five years as it seeks to arrest declining domestic crude oil and natural gas production

Services sector growth broadens in June; real estate leads with 24.7%

India's services growth broadened in June, with 18 of 19 sub-sectors expanding and real estate leading at 24.7%, even as air transport remained in contraction

Gautam Adani urges rating agencies to develop new credit framework

Adani said conventional credit models may not capture ecosystem multipliers, adjacency value and strategic resilience created by large integrated infrastructure platforms

India's floating solar plan: Strategic clean-energy move or risky bet?

India's PM-SSY targets 5 GW of floating solar capacity with two-hour storage and Rs 28,500 crore of investment, but high costs, viability concerns and technical risks could impede scale-up.

Power ministry panel offers tips to contain damage to thermal plants

It proposed ramping down to MTL and minimum load operation during solar hours and ramping up in the evening when solar generation declines

NSHIPOL gets in-principle nod for ₹24,700 cr Odisha shipbuilding cluster

The proposed Kendrapara cluster will have shipyards with a combined capacity of around 1.2 million gross tonnes a year and an integrated heavy industries ecosystem

BRICS Summit tariff spike underscores shortage of 200,000 branded rooms

Tariff spikes during the upcoming BRICS Summit lay bare a supply gap of over 200,000 branded hotel rooms as the industry seeks faster execution of new projects

Semicon 2.0 may catalyse over ₹5 trn investment in chip ecosystem: IESA

The government has announced a plan to focus on indigenous development of advanced small size chips in the range of 3-7 nanometer, which are used in high-end technology products, under the program

Adani urges India's rating agencies to broaden lens on infrastructure risk

The remarks come as India accelerates investment in ports, renewable energy, power transmission, digital infrastructure and manufacturing as it seeks to build a more developed economy by 2047.

Chhattisgarh eyes ₹4 trillion revenue from 65 auctioned mineral blocks

Five Chhattisgarh blocks are part of the Centre's latest critical mineral auction as the state seeks a key role in India's strategic mineral supply chains

Govt notifies ₹1.27 trillion Semicon 2.0, offers 40% fab capex support

The scheme spans chip design, manufacturing, equipment, materials, advanced packaging, R&D and talent development, with support available for up to six years

Orissa HC backs Odisha tobacco curbs, rejects manufacturers' challenge

The Orissa High Court rejected challenges by chewing-tobacco manufacturers but clarified that the state notification does not impose a blanket ban on all tobacco products

8 of 19 services sub-sectors post double-digit growth in June: MoSPI

The index of services production released on Monday for the third time on a trial basis showed eight of 19 service categories recorded double-digit growth in June this year.

Lenders take aim at 61.78% vote linked to Subhash Chandra's family

Dissenting lenders allege five entities linked to Subhash Chandra's family helped push through a repayment plan proposing Rs 6.5 crore against admitted claims

CCPA slaps ₹1 lakh fine on United Biscuits over 'wholewheat' claim

The CCPA found that the biscuits contained 19.5 per cent whole wheat, while refined wheat flour (maida) accounted for 52 per cent of the product, despite the product being marketed as 'wholewheat'