Page 203 - Industry News

ICRA sees India Inc credit profile steady in Q2FY26, US tariffs weigh

India Inc's credit profile is set to remain stable in Q2FY26 with improved margins and ICR, but US tariffs and global tensions could delay the private capex recovery

Tirupur, Noida, Surat exporters halt production amid high US tariffs: FIEO

Looking at the current emerging scenario, he urged that there is a need for immediate government support, which includes a push for interest subvention schemes and export credit support

Readymade garment revenue to halve in FY26 as US tariff kicks in: Crisil

Crisil warns India's garment sector revenue growth will slow to 3-5% in FY26 as US tariffs rise to 50%, eroding competitiveness against Bangladesh, Vietnam and China

Reit penetration in office market can reach 25-30% by 2030: Colliers India

Colliers report highlights 371 mn sq ft of Grade A office stock in India holds REIT potential, led by Bengaluru and Hyderabad, with demand from GCCs and BFSI firms driving growth

Inventory buildup may hurt festive season sales for smartphone makers

Smartphone makers are increasingly reducing product lifecycles to ensure their portfolios remain updated ahead of the festive season. They are also rolling out discounts and offers on the older models

Japan to unveil plan to invest $68 bn in India over 10 years in AI, chips

Japanese PM Shigeru Ishiba, who is scheduled to meet Prime Minister Narendra Modi on Friday, is expected to unveil plans to deepen the business ties between the two Asian countries

Fitch Ratings affirms India's credit rating at 'BBB-' on robust growth

Fitch affirms India's sovereign rating at 'BBB-' with a stable outlook, citing strong growth and external resilience, even as high debt and tariff risks remain

Datanomics: India's solar-module exports to the US face duty heat

The US is India's largest solar panel export market. Since FY23, it has accounted for more than 95 per cent of such exports by India

Data protection rules likely by year-end, says DSCI chief Vinayak Godse

DSCI chief Vinayak Godse says this will pave way for rollout of the data privacy law

Qatar's sovereign wealth fund moves HC to recover $235 mn from Byju's

Qatar Investment Authority escalates legal action against Byju Raveendran, seeking $235 million through Indian courts after a Singapore arbitration award

South India rings louder on iPhone call as TN, Karnataka lead exports

Exports from Apple vendors in TN, Karnataka place them among top 5 electronics exporters

Corporate fraud in India: A case of the 'trusted insider' dominance

While cybercrime headlines dominate the global conversation around corporate fraud, in India, fraud creeps in through procurement files, travel vouchers, vendor agreements, and unchecked authority

Team India may go without lead sponsor for Asia Cup 2025 after Dream11 exit

After the ban on real money gaming, Dream11 ended its sponsorship deal with BCCI, leaving Team India at risk of going without a lead jersey sponsor for the Asia Cup 2025

Paper, paperboard imports rise up by 8% in Apr-Jun FY25, reports IPMA

Imports from China surged by 28 per cent to 143,000 tonnes during April-June 2025, consolidating China's position as the single largest source of paper imports into India

Akums Drugs announces JV to set up manufacturing facility in Zambia

Akums will hold 51% in its joint venture with the Zambian government to set up a pharma manufacturing facility, marking its first overseas plant and Africa expansion

360 ONE buys 50% stake in Brookfield's mixed-use development for ₹2,400 cr

360 ONE Asset buys a 50% stake in Bluegrass Business Park from Brookfield for Rs 2,400 crore, marking a significant real estate deal in Pune's commercial sector

Bike taxi row: Uber, Ola halt in Karnataka, Rapido continues service

This comes after the Karnataka High Court bench clarified that it has not passed any order allowing bike taxi services in the state

India faces copper crunch from energy transition, infra growth: CSEP report

The report by the Centre for Social and Economic Progress warns that India's copper imports could rise sharply unless mining, processing, and recycling capacity is scaled up

Govt imposes ₹67,220/tonne minimum import price on multi-layer paper board

The government has imposed a minimum import price of Rs 67,220 per tonne on virgin multi-layer paper board till March 31, 2026, according to a notification.

Govt cuts minimum export price of natural honey to $1,400 per tonne

The Centre has rolled out the National Beekeeping and Honey Mission (NBHM) for promoting scientific beekeeping for the holistic growth of the sector