Page 142 - Industry News

Navratri sales hit decade-high as GST reforms boost festive spending

In the first eight days of the festival, Maruti Suzuki delivered 165,000 vehicles, including 30,000 units on Day 1, making it the company's best single-day sales in 35 years

Retail REITs set to grow as institutional investors back new malls

Anarock says institutional investors now hold stakes in over 30% of malls, with upcoming Grade A launches and GST reforms driving new retail-focused REIT activity

TMB joins hands with Wegofin Digital Solutions for payment aggregator biz

Tamilnad Mercantile Bank teams up with fintech Wegofin to expand digital services via Banking-as-a-Payment Aggregator, boosting MSMEs, startups and enterprises across India

Govt asks agencies to scrap RE bids that flouted local manufacturing rule

MNRE asks agencies like SECI, NTPC and SJVNL to cancel tenders with short timelines that bypassed the ALMM mandate on locally manufactured solar cells

India's power output growth slows in September as industrial momentum eases

Power output rose 3.2% year-on-year but fell short of August's 4% growth, marking the first monthly drop in three months, according to daily analysis of Grid India data

Diwali festive period sees rise in 'visiting friends and relatives' travel

Spiritual tourism, local festivals, luxury stays and international travel see uptick

Govt extends PLI scheme application deadline for textiles sector to Dec 31

The PLI scheme application window extension reflects strong industry interest, rising market demand, and growing confidence in domestic textile manufacturing

Centre tells renewable energy agencies to cancel rushed solar tenders

Some agencies gave companies only seven days to submit bids, the ministry said in the circular, without providing details on which agencies were involved or the values of such projects

India's dairy sector grew by 70% in last 11 years, says Amit Shah

Shah, who also holds the cooperation portfolio, said that over the past four years, this Ministry, in collaboration with all state governments, has laid a strong foundation for the cooperative system

Mumbai property registrations rise 20% in Navratri 2025: Knight Frank

Mumbai recorded 6,238 property registrations during Navratri 2025, up 20% year-on-year, with state revenue collections touching ₹587 crore, Knight Frank said in a report

Madhya Pradesh, Rajasthan probe child deaths linked to cough syrup

Drug authorities in Madhya Pradesh and Rajasthan are probing child deaths linked to cough syrup supplied to government hospitals, with testing of samples and quality concerns

Govt proposes national registry of online games under draft rules 2025

Online social games and e-sports that do not inform the OGAI of such "material changes" can have their registration cancelled by the online gaming regulator, the rules propose

Electronics component plan gets ₹1.15 trillion proposals, says govt

249 applications received so far, approvals expected soon

Esop bonanza: Payouts surge 30% to ₹15,000 crore in FY25, shows data

The total spent was ₹14,900 crore on a limited sample of companies, compared to ₹11,461 crore in 2023-24 for a full sample

Luxury jewellery brands tap into wider market with lower prices online

In August, fashion designer Sabyasachi Mukherjee tied up with ecommerce platform Tata CLiQ Luxury to launch a digital boutique on the platform

5G handsets make up 87% of smartphone shipments in India in H1 of 2025

India soars to 14th spot globally in 5G phone smartphone shipment share

India's M&A deals dipped in Q2 amid valuation caution, shows data

The number of deals also slipped to 787, compared with 840 transactions in Q2FY25, reflecting a slowdown in corporate deal-making momentum

Govt invites proposals under PRIP scheme for pharma, medtech projects

DoP recently notified revised guidelines to make scheme better suited for stakeholders

Dussehra festival weekend and vibrant lineup a hit for Box Office

Multiplexes see 2-3 times rise in bookings as big releases draw families and groups

India to become petrochemicals powerhouse with $37 bn capex push: S&P

S&P Global Ratings, in the report, anticipates that India will stick with major investment plans to reduce import dependency on chemicals used in everyday goods, from plastic bags to auto parts