Page 161 - Industry News

Govt to offer big carbon capture incentives as coal stays key in energy mix

The initiative, aimed at promoting carbon capture, utilisation and storage (CCUS) technologies, could offer funding support ranging from 50 per cent to 100 per cent for select projects

India Inc needs to ensure AI becomes tool for empowerment: ADP India

At a time when AI has become a critical part of an organisation's functioning, many professionals see the positive possibilities of AI

RBI buys 4.16-acres in Nariman Point from Mumbai Metro for Rs 3,472 cr

Central bank has purchased the parcel for self-use and commercial purposes, according to documents

Housing sales in top 7 Indian cities likely to dip by 0-3% in FY26: Icra

Icra projects housing sales in top seven cities to fall up to 3 per cent in FY26, even as new launches recover and listed developers consolidate market share

Govt plans swadeshi solar cells, ingots and, polysilicon: Pralhad Joshi

India has crossed 100 GW of solar module capacity with ALMM, which is now extended to solar cells and will soon cover ingots and polysilicon, said Pralhad Joshi

Govt asks firms to share revised prices after GST reductions for consumers

The said list will be displayed on the official GST website, thereby helping consumers to see the relief they can expect as the next generation GST reforms are set to kick in on September 22

Indian IT firms slash H-1B dependence as US tightens immigration rules

Indian IT companies are reportedly cutting down on H-1B visas, hiring more locally in the US, as tougher immigration rules, rising costs, and AI-led changes reshape global outsourcing models

Consumer industry executives ask government to monitor price changes

Industry bodies highlight issues in GST implementation, seek further clarity

HNIs, family offices chase returns abroad as Indian markets underperform

The shift is evident from a sharp rise in AIF allocations overseas

Govt committed to positioning India as shipbuilding hub: Shantanu Thakur

The Minister of State for Ports, Shipping and Waterways was speaking at the opening day of the 14th edition of the INMEX SMM India, hosted here by Informa Markets

India's automobile industry is on threshold of transformation: Minister

The minister made the remarks while delivering a video message at the Auto Retail Conclave organised by the Federation of Automobile Dealers Associations (FADA) here

Games24X7 to lay off 70% staff after govt ban on money-based online games

The lay-off information was also confirmed by a company staff member who said "the majority of employees" are being laid off, but could not mention the exact number of people to be impacted

IDBI Bank again files insolvency plea against ZEEL for over ₹225 cr default

IDBI Bank moves NCLT against ZEEL over ₹225 crore default claim; ZEEL terms plea "malicious" as earlier applications were dismissed by NCLT and NCLAT

Hospitals may raise IT innovation spend by 20-25% amid AI boost: Report

CII-EY survey finds AI, automation, and data-led tools driving hospital tech investments despite challenges in integration and workforce readiness

GST rate cut to lower cement prices by ₹30 to 35 per bag, reports Ind-Ra

The GST rationalisation will bring down the prices of cement by Rs 30-35 per 50 kg bag and lower the cost of construction, a report from India Ratings and Research (Ind-Ra) said.

Hindustan Aeronautics signs SSLV technology transfer deal with Isro, others

The SSLV Technology Transfer Agreement highlights the collective resolve of India's space ecosystem to strive towards a self-reliant India in space, and put India's space-faring capabilities globally

Western suburbs lead Mumbai's Rs 1.31 trn redevelopment boom: Knight Frank

Knight Frank India says society redevelopment projects across Mumbai will unlock 44,277 new homes by 2030, with western suburbs accounting for nearly three-quarters of supply

Shoppers hold tight to purses, awaiting new GST rates to take effect

Shradh season adds to caution, slowing retail demand

Uni Seoul, LiteStore plan 25 stores in one year, 500 across India in 5 yrs

Korean-inspired lifestyle brand Uni Seoul has partnered with LiteStore to open 25 new offline stores in a year and 500 nationwide in five years, targeting high streets and premium malls

Gadkari blames petroleum "lobby" for fuelling concerns over E20 rollout

Since the rollout of the E20 blend, concerns have been raised that it may reduce vehicle mileage, affect engine life, and increase costs