Page 191 - Industry News

Indian real estate set to gain as investment shifts amid UAE visa changes

Capital from entry-level UAE realty market may be redirected to Tier 1 & 2 Indian cities

Nadar family tops cash-rich promoter dividend income list in FY25

The Nadar family earned ₹9,906 crore from HCL Technologies in FY25, up from ₹8,585 crore a year earlier

Delhi High Court refuses to stop Vedanta's deductions in oilfield dispute

The Delhi High Court has allowed Vedanta to proceed with deductions from its revenue share in the Mangala, Bhagyam, and Aishwariya fields, dismissing the Centre's appeal

Oil prices edge higher as markets watch supply risks and demand outlook

Brent crude futures were up 40 cents, or 0.58 per cent, at $69.04 a barrel as of 1027 GMT. US West Texas Intermediate crude ticked up 45 cents, or 0.68 per cent, to $67.02 a barrel

Delhi High Court stays ₹1,140 crore angel tax demand against Oyo

The Delhi High Court stays a ₹1,140 crore angel tax demand against OYO's parent company Oravel Stays for the assessment year 2020-21 under Section 56(2)(viib) of the Income Tax Act

India seeks re-election to IMO Council, highlights maritime growth plans

The election for the 2025-26 biennium will take place at the organisation's Assembly later this year and follows India's re-election with the highest tally back in December 2023

Assam halts green hydrogen policy; investors reassess plans: Report

Assam's decision to pause the green hydrogen policy surprised some of the companies, forcing them to recalibrate potential returns and investment plans worth millions of dollars, three of the sources

HNI, NRI demand drives 85% growth in luxury housing sales in H1 2025

Luxury housing sales grew 85% year-on-year in the first half of 2025, driven by rising demand from HNIs and NRIs seeking asset stability amid global uncertainty

Edible oil body SEA urges govt to allow coconut oil imports as prices surge

The industry body requested that the government take urgent action by permitting imports for an interim period of 6-12 months to manage the current crisis and retain consumer interest in coconut oil

Govt to launch ₹1,345 crore scheme for rare earth magnet production

The Secretary of the Ministry of Heavy Industry said that eligible manufacturers must carry out end-to-end processing-from rare earth oxides to finished magnets

Govt monitoring iPhone production as China recalls techies from India

Hundreds of Chinese technology professionals, working at Foxconn's India plant, facilitating and managing the production, have returned to China

India could fill gap left by China in Japan's garment market: AEPC

AEPC also said that the council is leading a high-level delegation to Tokyo to explore opportunities for boosting exports and attracting investments by engaging with leading Japanese brands

India's data centre capacity to hit 3GW by 2030 on investment surge: Report

Rising data consumption, AI and cloud adoption, and policy initiatives focused on data localisation are the main drivers of data centre demand, the report stated

Centre seeks to relax eco-zone norms as states flag development hurdles

The wildlife board may revise eco-sensitive zone rules to allow site-specific plans, after states said rigid norms were hurting local development and delaying new protected area proposals

For Cleartrip, it's more chat, less bots as customer care workforce expands

Cleartrip veers towards higher people engagement in periods following AI crash, West Asia crisis

Zomato founder buys apartment for ₹52.3 cr in DLF Camellias in Gurugram

According to market experts, the value of this property is now between ₹125 crore and ₹150 crore

Influencer content grabs 2x higher attention than avg digital ads: Kantar

Kantar's study reveals that influencer content in digital ads grabs 2.2 times more attention than average ads. The research highlights the growing role of influencers in digital marketing campaigns

Private sector debt recast firms' AUM may further shrink, says CRISIL

CRISIL forecasts a 4-6% drop in AUM for private asset reconstruction companies (ARCs) in FY26 due to subdued acquisitions of stressed loans and potential disruptions from loan securitisation

UK to invest 163 million euros in Eutelsat, Bharti Space ups stake

The UK government will invest 163 million Euros in Eutelsat, boosting the satellite operator's capital raise to 1.5 billion Euros

ED cracks down on opinion trading platform Probo, freezes ₹284.5 crore

The Enforcement Directorate (ED) freezes ₹284.5 crore worth of assets in its crackdown on Probo, an opinion trading platform. The company assures co-operation with ongoing law enforcement inquiries