Page 156 - Industry News

DoT pushes deadline for mandatory testing of broadband gears until Dec 31

Industry body has alleged that the mandatory testing has been deferred again amid reluctance by foreign vendors to go for security testing but NCCS has denied the charges

India's luxury housing boom fuels demand for premium home products

Premium brands across kitchenware, bath fittings, tiles, furniture, and interiors are experiencing a surge in demand as affluent buyers increasingly splurge on upscale residences

India targets 1,800 GW non-fossil fuel power capacity by 2047: Joshi

Pralhad Joshi said India aims for 1,800 GW non-fossil fuel capacity by 2047, citing rapid solar and wind growth, rooftop solar expansion and hydrogen hub development

Bombay HC quashes Maharashtra bid to recover ₹374 cr from Bajaj Allianz

Bombay High Court held that crop insurance payouts under PMFBY cannot be treated as land revenue, striking down Maharashtra's Rs 374 crore recovery order against Bajaj Allianz

Abuse of dominance not proved by CCI, Meta tells NCLAT

Meta told NCLAT that integrating WhatsApp data enhances advertiser value and market leadership, adding CCI failed to prove abuse in its dominance case

Maha govt to launch skills courses for gems and jewellery sector: Fadnavis

Speaking at the inauguration of a gems and jewellery exhibition at the Jio World Convention Centre here, Fadnavis said the gems and jewellery sector has the potential to make India a global leader

Commerce ministry tells retailers to highlight discounts from GST rate cuts

Nearly 400 products - from soaps to cars, shampoos to tractors and air conditioners - will cost less when the rejig of the GST is effective from the first day of Navaratri on September 22

India's LNG demand drops in 2025 as buyers await supply wave, price drop

Purchases slowed as elevated spot prices made LNG less competitive against alternative fuels, while monsoon rains brought cooler weather and reduced power demand

Indian real estate sector expects wave of reforms after SC judgment

2-judge Bench issued a wide-ranging set of 12 binding directions, including framing of specific guidelines for insolvency proceedings in real estate

FMCG retailers bag big discounts ahead of GST rate shift on September 22

FMCG majors offer 4-20% discount on a range of products, these discounts are valid until September 21

Polycab India flips a switch, powers ahead of Havells in decade-long race

Becomes leader in consumer electrical goods space, riding C&W growth and margin gains

Maruti Suzuki aims to lead mid-size SUV market, says Partho Banerjee

Maruti Suzuki aims to capture leadership in the mid-size SUV segment with the Victoris, launched in hybrid and CNG variants to tap young customers

AM Green looking to set up more biorefineries in India: CTO S S V Ramakumar

Following the commissioning of its Rs 4,500 crore bamboo-based biorefinery in Assam, AM Green plans more projects in India to scale ethanol production for petrol blending

IEC chief calls for fivefold jump in renewable energy capacity by 2030

India has evolved from being a participant to holding the IEC Vice Presidency and actively participating in 121 technical committees, with observer status in 51 more, Khare said

BlackRock Services India leases 1.4 lakh sq ft with IndiQube in Bengaluru

The lease is among the largest transactions in India's co-working space, underscoring the growing preference of global institutions for flexible office providers

US tariff: Export Promotion Mission Scheme to be placed before Cabinet soon

The mission, if approved, can help insulate domestic exporters from global trade uncertainties arising from Trump tariffs. The US has imposed a hefty 50% tariff on Indian goods, starting August 27

India to add 6 mn sq ft of F&B retail space by 2028, says JLL report

India's retail pipeline is set to add 6 million sq ft of food and beverage space by 2028, with high streets driving leasing momentum and foreign brands fuelling expansion

Unemployment rate dips for second month to 5.1% in August: Govt survey

Male unemployment rate in August 2025 was at its lowest of 5% in five months in August 2025. It was 5.2% in April, 5.6% in May and June, and 5.3% in July

Krafton India to launch third edition of gaming incubator KIGI on Sept 20

Krafton India will open registrations for the third edition of its gaming incubator programme, KIGI, on September 20 to support local studios with funding, mentorship, and resources

US tariffs cause ₹25,000 cr loss to Andhra's shrimp industry: CM Naidu

Andhra Pradesh accounts for 80 per cent of the country's shrimp exports and 34 per cent of marine exports, valued at around ₹21,246 crore annually, Naidu said