Page 171 - Industry News

Indian tech ecosystem gets $7.7 bn in funding, down 23% from 2024

India's tech ecosystem attracted $7.7 billion in funding in the first nine months of 2025, down from $10.1 billion in 2024 and sharply below the $29.3 billion peak in 2021

Indian pharma firms likely to dodge immediate impact of Trump's tariff

Trump's 100% tariffs on branded drugs will spare Indian generics, though analysts see exposure for Sun Pharma, Biocon and Aurobindo, with Jubilant Pharmova set to benefit

Final faceoff: India-Pakistan Asia Cup clash sends ad rates soaring

Ad rates for the India-Pakistan Asia Cup 2025 final have spiked, with CTV spots at Rs 30 lakh per 10 seconds and linear TV rates up 66 per cent over average tournament levels

Hotels across India get GST notices for underpayment on restaurant services

Hotels face GST demands as authorities flag underpayment on restaurant services linked to room tariffs above ₹7,500

Old gold exchange best way to buy jewellery: Tanishq's Arun Narayan

Tanishq is promoting jewellery exchange as the best way to buy gold amid soaring prices, with Sachin Tendulkar as brand partner, and expects strong festive and wedding demand

Maharashtra invites realty firms to develop 13K acres of MSRTC land

Maharashtra will lease 13,000 acres of MSRTC land in key cities for residential and commercial projects under the build-operate-transfer model to boost revenue and modernise facilities

SC overturning order in BPSL case a course correction for IBC: Experts

The SC has also addressed the issue of delays in the IBC due to litigation and extensions, which stand in the way of implementing a successful resolution plan

Toyota welcomes revised CAFE norms as balanced, supporting green tech

Toyota Kirloskar Motor hailed revised CAFE norms as balanced, saying they support all green pathways including ethanol, flex-fuel, hybrids and EVs while boosting farmer incomes

Microfinance recovery may be delayed by a quarter as stress persists

The fall in new delinquencies in the microfinance industry has slowed, delaying recovery by a quarter, with meaningful earnings growth expected only from Q4 FY26 or FY27

Delhi HC allows Priya Kapur to submit Sunjay Kapur's assets in court

The Delhi High Court allowed Priya Kapur to file Sunjay Kapur's assets in a sealed cover, ordering parties not to share case details with the media in the will dispute case

Govt to launch ₹8,500 cr scheme, coal block policy for gasification

The government will roll out an Rs 8,500 crore incentive scheme and a dedicated coal block allocation framework to promote gasification, with private and foreign players showing interest

Bosch to axe 13,000 jobs in Germany as Tesla, BYD gain; Trump tariffs bite

Bosch said the cuts were necessary due to weak demand, rising costs and intensifying competition in the global auto market

Carbon-free data centres to create jobs, boost green energy: Minister

As per NSEFI, carbon-free data centres are those that are powered by or use renewable energy generation sources like solar, wind and energy storage to meet all their energy requirements

India plans to ease foreign investment rules to boost e-commerce exports

India is set to ease foreign investment rules for e-commerce exports, allowing firms like Amazon to buy directly from Indian sellers and sell products overseas, boosting trade potential

Trump's tariff threat spotlights US factory plans of pharma firms

Merck & Co., Novo Nordisk A/S and Eli Lilly & Co. are among firms that have started US builds since 2023, with construction sites in Delaware, North Carolina and Texas

Taiwan seeks bigger tech presence in India, says trade body chief Huang

India's smartphone exports to the US rose nearly 40% to $8.43 billion in the first five months of FY26, benefiting from tariff exemptions and strong demand for Apple iPhones

PM Modi to launch BSNL's indigenous 4G network on Sept 27 across 98K sites

The India-made network is cloud-based, future-ready and can upgrade seamlessly to 5G, Telecom Minister Jyotiraditya Scindia said

Festival season e-commerce sales jump higher as GST cuts boost demand

E-commerce major Amazon reported over 380 million customer visits in the first two days of its festival sale, marking its biggest-ever seasonal start, with over 70% traffic coming from outside metros

20% PC penetration offers vast opportunity for innovation: HP India MD

Noting that PCs play a crucial role in education, skill development, and employment, she said, given these underlying drivers, the opportunity is immense.

Quick commerce firms roll out festive incentives for delivery partners

Blinkit, Zepto, and Instamart plan higher payouts and bonuses during Navratri to retain riders and expand fleets amid peak festive demand