Page 15 - Industry News
Mumbai's August property registrations hit 14-year high: Knight Frank India
Mumbai is projected to have recorded 12,503 property registrations in August, up 11 per cent YoY, while stamp duty collections rose 12 per cent to Rs 1,123 crore
 "Mumbai's August property registrations hit 14-year high: Knight Frank India")
Ex-mill sugar prices fall 30% to ₹47 per kg but retail rates yet to decline
Ex-mill sugar prices have dropped from ₹67 to ₹47 per kg after government measures, but retailers are holding on to costlier stocks, delaying a fall in retail prices
 "Ex-mill sugar prices fall 30% to ₹47 per kg but retail rates yet to decline")
TARIL enters nuclear power sector with first transformer order for NPCIL
The order, received from Megha Engineering and Infrastructures Ltd (MEIL), is the company's first in the nuclear power sector
 "TARIL enters nuclear power sector with first transformer order for NPCIL")
NIIF gets $2 bn commitment from global, local investors for infra projects
The National Investment and Infrastructure Fund has raised more than half of its $3.2 billion target from global and domestic investors, including AustralianSuper and Temasek
 "NIIF gets $2 bn commitment from global, local investors for infra projects")
Govt notifies ₹1.27 trillion Semicon 2.0 scheme to boost chip sector
The scheme will provide fiscal support across six segments of the semiconductor value chain, including chip design, fabrication, packaging and testing
 "Govt notifies ₹1.27 trillion Semicon 2.0 scheme to boost chip sector")
Billionaire PV Krishna Reddy taps $700 mn private credit for Megha buyout
Megha Engineering MD PV Krishna Reddy is seeking about $700 million from global private credit investors to fund the purchase of his uncle's 43% stake in the company
 "Billionaire PV Krishna Reddy taps $700 mn private credit for Megha buyout")
Fertiliser ministry deploys analytical tool to prevent fertiliser shortage
Centre deploys a real-time fertiliser tracking tool linked with iFMS and AgriStack to detect shortages, monitor inventories and curb leakages
 "Fertiliser ministry deploys analytical tool to prevent fertiliser shortage")
Statsguru: Sugar tastes bitter as retail prices surge amid tighter supply
India's sugar prices have surged 39% year-on-year as lower output and rising demand narrow the trade surplus, while ethanol production diversifies beyond sugarcane
Sarvam AI co-founder Vivek Raghavan named among TIME's top AI leaders
Sarvam AI co-founder Vivek Raghavan has been named among TIME's 100 most influential AI leaders as the company builds India's sovereign LLM ecosystem
 "Sarvam AI co-founder Vivek Raghavan named among TIME's top AI leaders")
Gaurs Group buys 35 acre land parcels along Yamuna Expressway for ₹700 cr
The company bought three land parcels in Sector 18 along the Yamuna Expressway, which connects Noida and Greater Noida to Agra, at an auction from ICICI Bank
 "Gaurs Group buys 35 acre land parcels along Yamuna Expressway for ₹700 cr")
GTRI calls for review of quality control orders to ease trade barriers
Mandatory quality certification under these orders raises costs, hurts MSMEs and makes goods more expensive, the Global Trade Research Initiative said
 "GTRI calls for review of quality control orders to ease trade barriers")
Smartworks to invest ₹600 crore in expansion, centres to meet rising demand
Gurugram-based Smartworks, which has a portfolio of 16.9 million square feet of office space across 70 centres in 15 cities across India and Singapore, posted a total revenue of ₹1,850 cr in 2025-26
 "Smartworks to invest ₹600 crore in expansion, centres to meet rising demand")
Tata arm seeks bigger private sector role in nuclear power, says CEO
Tata Consulting Engineers expects nuclear energy to contribute 5-6% of revenue by FY30 as private participation rises following the SHANTI Act
 "Tata arm seeks bigger private sector role in nuclear power, says CEO")
Park Medi World to expand hospital network, add 1,450 beds by FY28
The hospital chain, which has 1,168 doctors across the network, plans to add 1,450 beds by FY28 to its current capacity of 4,290. It employs 6,423 people as of March 31, 2026
 "Park Medi World to expand hospital network, add 1,450 beds by FY28")
Haryana signs MoUs for 4 waste-to-energy plants with 5,000 TPD capacity
Haryana has signed MoUs for 4 integrated waste-to-energy plants in Hisar, Ambala, Faridabad and Gurugram to process 5,000 tonnes of waste daily
 "Haryana signs MoUs for 4 waste-to-energy plants with 5,000 TPD capacity")
NCRTC signs pact for solar plant to meet 60% of Namo Bharat's power needs
The arrangement aims to provide greater predictability in energy costs and reduce the corridor's dependence on conventionally generated power
 "NCRTC signs pact for solar plant to meet 60% of Namo Bharat's power needs")
FSSAI bans Everest Food Products, Laljee Godhoo from selling hing powder
In the case of Everest, FSSAI has prohibited the sale of compounded asafoetida (hing powder) variants with immediate effect
 "FSSAI bans Everest Food Products, Laljee Godhoo from selling hing powder")
Foreign BFSI firms drive GCC office leasing to record 7.32 mn sq ft: Report
Foreign BFSI firms leased a record 7.32 million sq ft for GCCs in India in H1 2026, up 70% year-on-year, Knight Frank data showed
 "Foreign BFSI firms drive GCC office leasing to record 7.32 mn sq ft: Report")
Canara, Union Bank to move NCLAT in Subhash Chandra repayment plan case
Canara Bank, Union Bank of India and LIC Housing Finance are moving NCLAT against the NCLT's approval of Subhash Chandra's repayment plan
 "Canara, Union Bank to move NCLAT in Subhash Chandra repayment plan case")
HDFC Bank may appeal to NCLAT against Chandra's 'personal guarantor' payout
Lender weighs appeal after NCLT approves ₹6.25 crore repayment against admitted claims of ₹22,000.57 crore; several major creditors had opposed the plan
 "HDFC Bank may appeal to NCLAT against Chandra's 'personal guarantor' payout")