Page 188 - Industry News

India's own Foxconn? Dixon's PLI-powered road map may reshape electronics

Dixon is transitioning from being predominantly domestic assembler - smartphone assembly accounted for 89 per cent of its revenue as of Q3 FY25 - to becoming a deeper player in electronics value chain

Tata Group, Google, Infosys three most attractive employer brands: Report

Google India climbed the rankings this year to emerge as the runner-up, followed by Infosys, which occupied the third spot.

Turning used cooking oil into diesel blending feedstock remains a challenge

India's biodiesel blending rate was at a mere 0.60 per cent in FY25, against a target of 5 per cent by 2030, largely because of limited investments and challenges in collection of used cooking oil

PLI scheme for bulk drugs led to import savings of ₹1,362 cr: Govt to RS

In a written reply to Rajya Sabha, Minister of State for Chemicals and Fertilisers, Anupriya Patel said that as of March 2025

Construction industry margins to stay between 10.25-10.75% in FY26: Icra

Operating margins in the construction industry are expected to remain steady at 10.25-10.75% in FY26, down from 13-14% in FY21, with revenue growth revised down to 6-8%

Entry of big corporates changing face of coal mining, but delays persist

While delays such as land acquisition, mining lease and prospecting licenses, and in clearances for geological reports are cropping up, there is a much higher tracking of illegal coal mining

Mumbai ultra-luxury home sales jumps 20% in H1 to record ₹14,751 cr: Report

In terms of volume, sales of ultra-luxury homes rose 11 per cent to 692 units in January-June period this year, from 622 units in the year-ago period

India Inc gets faster: Work-in-progress cycle drops to decade low at 14 days

Faster production and smarter tech are helping companies make goods quicker and use their money better

Supreme Court nixes BCCI, Riju Raveendran pleas on settlement for Byju's

The Supreme Court dismisses the appeals of BCCI and Riju Raveendran to withdraw insolvency proceedings against Byju's parent company, Think and Learn Private Limited, over unpaid sponsorship dues

Abu Dhabi Investment Authority buys 3% stake in Meril for $200 million

Abu Dhabi Investment Authority acquires a 3% stake in Meril for $200 million, valuing the Gujarat-based medical devices maker at $6.6 billion. The deal is pending approval from CCI

EPFO reports record payroll addition of 2 million members in May 2025

The EPFO enrolled around 942K new subscribers in May 2025, representing 11.04 per cent increase over April 2025

Q1 early-bird results: Revenue, profit performance worst in 16 quarters

Q1 results indicator: One-time gains boost overall income

Indian refiners unfazed by European Union's new Russia oil sanctions

Fuel export to Europe is already on decline after record 2023

Lower home loan EMIs spark increased buyer interest amid repo rate cuts

House purchase affordability across the key Indian markets has improved in the first half of the calendar year 2025 (H1 CY25)

Oil regulator cracks down on city gas firms; seeks uniform piped gas price

PNGRB said APM gas is being supplied to CGD entities to fulfil the PNG (Domestic) and CNG (Transport) demand

Berries, blooms: Manipur startups venture beyond caffeinated drinks

Sumac berries, gooseberries and banana peels are among the ingredients that go into the making of the unconventional beverages

Over 81K jobs created in Uttarakhand through ₹1 trillion investments: Shah

Union Home Minister and Minister of Cooperation Amit Shah on Saturday addressed the 'Uttarakhand Investment Festival - 2025'

Around 76,000 Indian startups are women-led: Union Minister Jitendra Singh

The Minister said that India's path to becoming a developed nation by 2047 will be led by empowered women and youth

Kazipet rail coach factory to start production in 2026: Ashwini Vaishnaw

Production at Telangana's Kazipet rail coach factory will begin next year, says Union Minister Ashwini Vaishnaw, adding the ₹500-crore facility will manufacture export-grade coaches

Kashmir's handmade product exports cross ₹300 crore in April-June quarter

The department is targeting craft exports of over Rs 1,500 crore during the current financial year, provided global conflicts relent