Page 173 - Industry News
Govt aims to make India global hub for green energy, hydrogen export: Joshi
India has achieved the goal of having 50 per cent of installed electricity capacity from non-fossil resources five years ahead of schedule, Joshi said
 "Govt aims to make India global hub for green energy, hydrogen export: Joshi")
NCW Prime Offices Fund buys Chennai office campus from Keppel for ₹2,550 cr
The acquisition highlights Chennai as a destination that is now attracting occupier interest
 "NCW Prime Offices Fund buys Chennai office campus from Keppel for ₹2,550 cr")
NTPC-SAIL JV commissions Chhattisgarh's first floating solar power project
NTPC-SAIL commissions Chhattisgarh's first floating solar power project at Bhilai, boosting green energy, reducing carbon emissions, and conserving resources
 "NTPC-SAIL JV commissions Chhattisgarh's first floating solar power project")
Inclined to stay bike taxi ban: K'taka HC seeks clarity on gig workers law
The Karnataka High Court questioned whether the state's new gig workers law applies to bike taxis and adjourned the matter to October 15, asking the government to avoid coercive steps against riders
 "Inclined to stay bike taxi ban: K'taka HC seeks clarity on gig workers law")
Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report
Housing sales across India's top seven cities fell 9% YoY in Q3 2025, but sales value rose 14% to Rs 1.52 trillion as luxury housing drove new launches and demand
 "Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report")
Office space leasing to fall 1% in July-Sept across top 7 cities: Report
The gross leasing of office space stood at 174 lakh (17.4 million) sq ft in the year-ago period
Singapore, Indian shipyards sign MoU to strengthen offshore cooperation
The partnership will focus on Maintenance, Repair and Overhaul (MRO) projects for clients with operations in Asia
 "Singapore, Indian shipyards sign MoU to strengthen offshore cooperation")
Kohli retains pole position in brand valuation list with $231 mn in 2024
Kohli leads for the fourth time as India's most valued celebrity, followed by Ranveer Singh and Shah Rukh Khan
 "Kohli retains pole position in brand valuation list with $231 mn in 2024")
Premium phone makers dial down prices of flagship models this festival
Apple's iPhone 16 Pro drops to ₹70K; Samsung S24 Ultra drains ₹58K off its tag
 "Premium phone makers dial down prices of flagship models this festival")
Polymed acquires 100% stake in Italy-based device maker Citieffe
Poly Medicure will acquire Italy's Citieffe Group for Rs 324 crore, gaining entry into the global orthopaedics market and expanding its overseas footprint after PendraCare
 "Polymed acquires 100% stake in Italy-based device maker Citieffe")
GJEPC urges FM for relief as US tariffs hit gems and jewellery sector
During the meeting, the Council requested interventions to help the sector survive and sustain employment until the ongoing India-US trade negotiations are concluded
 "GJEPC urges FM for relief as US tariffs hit gems and jewellery sector")
Cabinet okays ₹6,014 cr highway, railways projects in poll-bound Bihar
Cabinet clears ₹6,014 cr highway and railway projects in Bihar to boost freight, tourism, and cross-border trade, cutting travel time and expanding rail capacity
 "Cabinet okays ₹6,014 cr highway, railways projects in poll-bound Bihar")
Cabinet clears ₹69,725 cr package to boost shipbuilding, maritime sector
Union Cabinet approves ₹69,725 crore maritime reforms package to build shipyards, expand clusters, provide long-term funding and strengthen India's shipbuilding capacity
 "Cabinet clears ₹69,725 cr package to boost shipbuilding, maritime sector")
Hospitality body seeks 5% GST with 50% ITC on hotel rooms under ₹7,500
HRAWI urges GST reforms proposing 5 per cent GST with 50 per cent ITC or 18 per cent GST with full ITC on hotel rooms under ₹7,500 to balance growth and consumer benefits
 "Hospitality body seeks 5% GST with 50% ITC on hotel rooms under ₹7,500")
Reality show to AI apps: Girish Mathrubootham spreads funding wings
Freshworks founder Girish Mathrubootham invests in Baanhem Ventures' Startup Singam and AI app-builder Rocket weeks after announcing his exit as executive chairman
 "Reality show to AI apps: Girish Mathrubootham spreads funding wings")
Indian drugmakers gear up for ₹600-800 cr insulin pen market post-Novo exit
Novo Nordisk to phase out insulin pens and cartridges in India; Eris, Wockhardt and Lupin prepare to capture Rs 600-800 crore market opportunity from FY26 onwards
 "Indian drugmakers gear up for ₹600-800 cr insulin pen market post-Novo exit")
Delphi World Money acquires stake, management control in Ebix Travels
Delphi World Money acquires equity stake and management control in Ebix Travels to expand beyond forex and build an integrated travel and financial services ecosystem
 "Delphi World Money acquires stake, management control in Ebix Travels")
SME Chamber of India urges credit reforms, permanent RBI advisory body
SME Chamber of India has called for easier MSME loans, waivers of fees and guarantees, and a permanent RBI Standing Advisory Committee to resolve financing challenges
 "SME Chamber of India urges credit reforms, permanent RBI advisory body")
Indian pharma sector revenue growth to ease to 7-9% in FY26: Crisil
Crisil projects India pharma growth at 7-9% in FY26 as exports to regulated markets slow after a US high base while domestic sales benefit from tax cuts and launches
 "Indian pharma sector revenue growth to ease to 7-9% in FY26: Crisil")
DGTR recommends 5-year anti-dumping duty on select Chinese cranes imports
The commerce ministry's probe agency has advised imposing a five-year anti-dumping duty on specific Chinese crane imports to shield domestic firms from low-cost shipments
 "DGTR recommends 5-year anti-dumping duty on select Chinese cranes imports")