Page 16 - Industry News

Mumbai-based investor buys apartment in The Dahlias for ₹120 crore

The acquisition adds to a series of high-value transactions at DLF's super-luxury Gurugram project, where prices have risen sharply since launch

Mumbai's redevelopment pipeline could unlock homes worth ₹1.5 trn by 2031

Knight Frank India estimates Mumbai's redevelopment pipeline could generate nearly 59,000 new homes worth around ₹1.5 trillion by 2031, with suburban markets leading activity

Dubai property market lures bargain hunters despite West Asia situation

Dubai's residential property market continues to attract buyers despite the West Asia conflict, with some investors viewing price corrections as an entry opportunity

FSSAI rules: What food companies can and cannot put on labels, packaging

The FSSAI on Sunday issued notices to several brands, including Plan B Plant Based Vegan, The Health Factory, and Neuherbs True Vitamin, among others, in violation of the Food Safety and Standards Act

US cybersecurity firm N-able opens GCC in Bengaluru, eyes major hiring push

N-able, which provides IT management, ‌cybersecurity, and data protection software to more than 500,000 organizations globally, opened a Global Capability Center (GCC) in Bengaluru on Monday

Oracle to train 300k youth across UP in AI, cloud, cybersecurity by 2029

The move aims to bolster employability and support career growth, while building a future-ready talent pool for an innovation-led economy

DG Shipping asks carriers to restrict Indian seafarers deployment in Hormuz

DG Shipping has advised shipping companies to restrict deployment of Indian seafarers in the Strait of Hormuz and Gulf region amid escalating security risks and attacks on commercial vessels

Piramal Pharma to stay away from generic GLP-1 race amid global rush

Piramal Pharma is avoiding the crowded GLP-1 peptide market, focusing instead on niche therapies and specialised manufacturing to drive CDMO growth in FY27

Fisme flags impact on MSMEs from retail diesel curbs; to approach govt

Fisme plans to seek relief for micro and small enterprises, saying new restrictions on diesel purchases from retail outlets could disrupt operations of DG sets

India's first fly ash-rare earth tender to be awarded in two months

The state-run miner plans to award a pilot project for extracting rare earth elements from fly ash within two months, potentially opening a new domestic source of critical minerals

Maha FDA: Hospitals can't force patients to buy drugs from own pharmacies

The state regulator has directed hospitals and doctors to provide prescriptions directly to patients and allow them to buy medicines from any licensed pharmacy

How record gold prices are throwing vintage luxury watches into furnace

When metal value beats resale price, older Omega and TAG Heuer models become worth more as scrap than as timepieces

Liquor firms urge Telangana to clear ₹3,700 cr dues before discount rollout

Industry bodies representing more than 80 per cent of India's alcoholic beverage market have urged Telangana to clear pending payments before implementing a new early-payment discount mechanism

Brands hit goal as Fifa-themed offerings spark a surge in consumer sales

FIFA World Cup 2026 fever is boosting sales of jerseys, TVs and fan merchandise as brands tap into rising football enthusiasm across India

Vaishnaw expects more firms to start production of memory chips in India

The minister said there is a global phenomenon of supply-demand imbalance, which is now getting filled up by setting many more units

'Free trade pacts to boost furniture exports, domestic manufacturing'

India has implemented FTAs with Mauritius, the UAE, Australia, the EFTA bloc, and Oman

Bio-energy emerging as key pillar of India's green growth strategy: TPCI

The council on June 12 brought together policymakers, diplomats, industry leaders and energy experts to discuss strategies for accelerating India's shift towards sustainable, energy-secure growth

Diesel purchase curbs raise concerns for hospitals, IT parks, data centres

Industry executives said the restrictions could disrupt fuel procurement for sectors where diesel generators remain critical to operations

Industry leaders should engage with research institutes: Jitendra Singh

Singh emphasised the importance of shared scientific infrastructure in reducing entry barriers for startups and small enterprises

TN pollution body flags alleged violations at Tata's iPhone components unit

The pollution regulator has warned that the unit may face closure action and possible stoppage of power supply if Tata Electronics fails to provide a satisfactory explanation