Page 192 - Industry News

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

Diverse firms earn 50% more profit but inclusion gaps persist, finds study

A study of 840 listed firms found that diversity boosts profits, but most companies still lack women in key leadership roles, with over 63 per cent having no female key managerial personnel

India's quick commerce market seen tripling to ₹2 trillion by FY28

India's quick commerce market is projected to grow rapidly, reaching Rs 2 lakh crore by FY28, driven by rising adoption in Tier II and III cities, better delivery networks, and demand for instant fulf

Tricog, Omron eye 100 mn patient screenings for cardiac health by 2030

Tricog Health and Omron aim to screen 100 million patients for cardiac health by 2030 with KeeboHealth, an AI-powered connected health platform integrating remote monitoring & real-time data analytics

Six Indian cities rank among Asia-Pacific's top 10 tech talent hubs

Bengaluru hosts the world's largest concentration of data scientists, Hyderabad leads in under-25 tech professionals, and Indian cities now account for 69 per cent of Asia-Pacific's total tech talent

Chhattisgarh boosts forest foods brand 'JashPure' for wider outreach

JashPure, which is named after Chief Minister Vishnu Deo Sai's home district of Jashpur, makes nutritious and preservative-free food products

Q-comm orders soar to ₹64,000 cr in FY25, to touch ₹2 trillion by FY28

The gross order value (GOV) is estimated to grow more than three-times to touch ₹2 trillion by FY28, the report by one of the arms of domestic rating agency, Careedge Ratings, said

HoABL, Mittal Builders to co-develop ₹2,000-cr township in Naigaon

The 3-million sq ft township in MMR will offer 4,600 homes and high-street retail, with infrastructure boosts like Metro Line 13 and the Delhi-Mumbai Expressway to aid growth

Govt nears approval of ₹30,000 cr LPG relief for OMCs via excise funds

The government is set to compensate OMCs for ₹30,000 crore LPG losses through excise duty collections, easing subsidy burden without straining the expenditure budget

Puravankara inks ₹1,000-cr JDA for housing project in East Bengaluru

The 5.5-acre joint development in Balagere will offer 0.83 mn sq ft for sale and is part of Puravankara's strategy to grow in high-demand Bengaluru micro-markets

Global capability centres not packing bags just yet for small-town India

Patchy infra and thin talent pool stall plans to shift beyond metros

Realty firms may post pre-sales growth in Q1FY26 despite demand moderation

Meanwhile, overall housing sales across the top seven Indian cities declined by 20 per cent YoY due to inexorably rising property prices and geopolitical tensions

Starlink gets key govt nod, prepares for broadband service rollout: Report

Starlink clears final regulatory hurdle as India's space body IN-SPACe gives nod; firm still needs spectrum allocation, infra setup, and trials before launching satellite internet services

Centre launches targeted DMF push for aspirational districts initiative

Eyes ₹32,000 crore local development boost

Luxmi Group, owner of Makaibari, ups branded play with British buyout

Luxmi Group, which owns iconic Makaibari tea estate, has acquired a majority stake in Brew Tea Co, a UK-based retailer, marking a strategic expansion of its branded tea portfolio and global presence

Hotels, restaurants may go on token strike in Maha over tax hikes: AHAR

The hotel body says hikes in VAT, licence fees and excise duty have made it difficult for small businesses to survive and warns the moves may hurt tourism and state revenue

No impact of 50% copper tariffs on Indian companies, says industry

India remains a net importer of copper products throughout the entire copper value chain; hence, to meet the growing demand for copper, India needs to embrace strategic initiatives, it said

India plans to kickstart rare-earth magnet output to cut China dependence

The policy blueprint is likely to be submitted for cabinet approval soon, the people said. The final outlay for the program is subject to internal consultations and could change

Data centres to attract ₹1.6-trn investment in next five years: Report

India Ratings & Research expects 7.1 GW of new data centre capacity over FY26-FY28, with stable rental rates, rising capex and growing AI-related demand driving investments