Page 143 - Industry News

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

Housing sales in Mumbai region, Pune fall 17% in Jul-Sep: PropEquity

In Mumbai city, sales dipped 8 per cent to 9,691 units from 10,480 units, while Navi Mumbai witnessed a 6 per cent fall to 7,212 units from 7,650 units

IT sector sees muted FY26 growth; recovery likely with AI adoption: Report

Key indicators show that the Indian IT sector has faced challenges related to global macroeconomic uncertainty, client cost optimisation, and delayed decision-making

Copper industry raises concerns over rising UAE imports under CEPA

IPCPA also criticized the high tariff rate quota (TRQ) of 85,000 tonnes for copper rods under CEPA, calling it excessive and lacking protective value for domestic producers

Ambani tops Hurun India Rich List 2025, Roshni Nadar leads among women

Mukesh Ambani tops Hurun India Rich List 2025 with Rs 9.55 trillion wealth, Gautam Adani second, Roshni Nadar Malhotra richest woman, and Aravind Srinivas youngest billionaire

New projects down 46% in September quarter, value falls to ₹5.2 tn

The projects of the central and state governments fell more than those from the private sector amid the global spike in uncertainty

Cabinet approves 3% DA hike for central govt employees, pensioners

The combined impact on the exchequer on account of increase in both DA and DR would be ₹10,083.96 crore per annum

Circular resolving IBC-PMLA clashes soon, says IBBI chief Ravi Mital

IBC and PMLA have often clashed with each other in cases where the assets of an entity undergoing insolvency have been attached by the ED for money laundering activities

Labour union writes to Maharashtra CM on TCS layoffs, company denies claims

IT union NITES has alleged that TCS forced 2,500 resignations in Pune, writing to CM Fadnavis for intervention, while the company has denied the claims as misleading

US auto sales seen rising 6% in Oct quarter as EV demand surges

Market research firm Cox Automotive expects US new vehicle sales to be about 4.14 million units for July-September, compared with 3.9 million in the same period last year

CITI welcomes PLI Scheme 2.0 for textiles, says changes pivotal for growth

CITI has welcomed the PLI Scheme 2.0 for Textiles, saying the lower thresholds, wider HSN coverage and easier eligibility will benefit MMF apparel, fabrics and smaller firms

Q2 results preview: Global headwinds likely to show in IT firms' earnings

While the first few months of the financial year saw no notable deterioration, as called out by the companies in July

India Inc backs Trump's 6-monthly reporting plan; fund managers push back

India Inc leaders say six-month reporting puts less pressure on time, enabling a bigger focus on business strategy

Non-tech sector continues to hire more vs tech sector, says Xpheno

The non-tech sector collective continues to hold the majority contributor status (52 per cent), which it took over from the tech sector in October 2022