Page 160 - Industry News

Govt proposes tax exemption of up to 20 years for data centre developers

Incentives in Meity's draft include GST input tax credit on assets

Swiss timepiece brands on the clock to meet India's luxury appetite

With rising wealth and young buyers, India emerges as a top growth market for Swiss luxury watch brands

CCI seeks Apple's response to final probe report on App Store dominance

The antitrust regulator has also asked Apple to submit global and India financials for 2022-24 as part of its investigation into alleged abuse of dominance

India to host 89th IEC General Meeting, over 2,000 global experts to attend

Food and Consumer Affairs Minister Pralhad Joshi will inaugurate the opening ceremony at Bharat Mandapam, and Commerce and Industry Minister Piyush Goyal will unveil the IEC GM Exhibition

CII seeks framework to position India as hub for innovation-led GCCs

The framework for National GCC Policy, encompasses the setting up Digital Economic Zones, deepening industry-academia partnerships and establishing a GCC Council

Credai urges land reforms, ease of doing biz to boost Indian real estate

Seeking land reforms, the body said there is a need to ensure conclusive land titling through the Land Titling Act

Govt plans ₹20,000-cr risk fund to ease financing hurdles in infra projects

The government is considering a ₹20,000-cr risk guarantee fund to protect new infrastructure projects from policy delays and external risks, aiming to boost credit flow and attract investors

Advertising rates for Asia Cup India-Pakistan match down by 15 to 20%

Industry executives say various factors, including sudden ban on the real money gaming (RMG) sector, which has been among the biggest advertisers in cricket, have led to the dip in advertising rates

MP aims to achieve 50% of power generation from renewable energy sources

The positive impacts of this shift may become evident in the coming years, he said while addressing the inaugural session of the 8th GRIHA Regional Conclave organised by GRIHA in Bhopal

NPPA asks pharma firms to pass on GST rate cut benefits from Sept 22

Manufacturers and marketers must issue revised or supplementary price lists to dealers, retailers, state drug controllers, and the government reflecting the new GST rates, the NPPA said

Indian REITs deliver 6-7.5% yields, outpacing US, Japan markets: Report

Comparing with other REIT markets globally, the report found that India still lags mature markets like the US, Singapore, and Japan in the diversification of REIT asset classes

CBIC promises faster GST refunds for micronutrient manufacturers

CBIC assures micronutrient makers of faster GST refunds to offset inverted duty structure, while ruling out refunds on dealers' stock-in-trade under current law

Govt hikes apprenticeship stipends to Rs 6,800-12,300 under new rules

Govt notifies stipend hike for apprentices, expands industry coverage under NIC 2008, promotes degree and virtual apprenticeships, and enhances inclusivity

NPPA asks pharma, medtech firms to cut prices after GST rate reduction

NPPA directs pharma and medical device makers to revise MRPs after GST cut to 5 per cent, while making relabelling of old stock voluntary subject to compliance

IVF chains in India turn to AI to cut costs and boost success rates

Indian IVF providers are deploying AI for embryo and sperm selection to improve precision, reduce costs, and widen fertility access amid growing demand for reproductive care

CCI overstepped jurisdiction by ruling on privacy issues: WhatsApp to NCLAT

The appellate tribunal in March this year had deferred the hearing in the case, citing the upcoming Digital Personal Data Protection (DPDP) Rules

AHPI warns Star Health it may halt cashless service over 'unfair practices'

In a strongly worded communication sent to the insurer, AHPI flagged long-standing grievances, including the refusal to revise hospital tariffs in line with rising healthcare costs

Major ecommerce firms complete tax-system overhaul ahead of festival season

Companies update platforms, train sellers on new tax codes

Obituary: Jagdeep Chhokar led fight against flaws in India's poll system

Over the course of the next twenty years, Chhokar brought his brilliance, scholarship and diligence to the legal and advocacy work that the ADR pursued

HC ruling on JDAs to ease costs, boost project viability, say developers

Legal experts caution of challenge in SC, also clarity would be needed for settling ITC