Page 204 - Industry News

Ministries, firms from 20+ nations to join India Energy Storage Week 2025

IESW 2025 will also explore emerging and futuristic energy storage technologies, including VRFB, solid-state batteries, Lithium Sulphur, Sodium Ion and other technologies from across the globe

Captive and commercial coal mines post 16.3% rise in output in Q1

Coal production rose 16.39 per cent Y-o-Y in Q1 FY26 with 15.57 MT output in June as Utkal A mine got operational clearance and over 200 blocks were allocated so far

India's tyre exports rise 9% to ₹25,051 cr in FY25 despite global headwinds

India's tyre exports in 2024-25 increased by 9% year-on-year, reaching Rs 25,051 crore compared to Rs 23,073 crore in the previous fiscal, ATMA said, citing data released by the Ministry of Commerce

Office space demand from GCCs up 24% at 31.8 mn sq ft in FY25: Vestian

GCCs accounted for 42 per cent of the pan-India absorption in 2024-25, registering a marginal increase from 41 per cent a year earlier

Real money gaming sector seeks unified regulatory playbook amid scrutiny

Currently, states such as Tamil Nadu, Karnataka, Chhattisgarh, and Maharashtra are at varying stages of enforcing their own rules for the industry

Datanomics: India's import ban sharply alters Bangladesh's jute maths

India's jute exports exceed its imports, with key buyers including the U.S. (23 per cent), France (9 per cent), and the Netherlands (6 per cent) in FY24

CCI orders probe into Asian Paints over alleged abuse of dominance

CCI finds prima facie evidence of anti-competitive conduct by Asian Paints after Grasim alleges dealer coercion, denial of market access and other unfair practices

NARCL's stressed asset acquisitions set to cross ₹1.68 trillion

The NARCL has been set up to clean up the legacy stressed assets with an exposure of ₹500 crore and above in the Indian banking system

Delhi High Court revives Crocs' plea against Indian footwear companies

Delhi HC overturns 2019 ruling, revives Crocs' design plea against Bata, Relaxo, Liberty and others for allegedly copying its foam clogs' shape and perforation

CCI approves Coromandel's acquisition of stake in NACL Industries

In March this year, Coromandel International announced the acquisition of a majority -- 53 per cent -- stake in NACL Industries Ltd for Rs 820 crore

CCI approves GIC's move to acquire 2.14% stake in Groww ahead of IPO

Groww, which operates an online trading platform, offers stock trading, mutual fund investments and other financial instruments. The company also has an asset management business

Kolkata's Luxmi Group acquires majority stake in UK's Brew Tea Co

Luxmi Group partners with Brew Tea Co. to strengthen sourcing and build a direct farm-to-cup model focused on whole-leaf, hand-rolled tea

Housing sales to remain steady at 10-12% on luxury demand, low rates

Crisil report says demand will rebound in FY26 driven by premium and luxury housing across major micro markets; affordable housing launches remain limited

CCI approves British Int'l investment in ReNew Photovoltaics solar business

British International Investment plc is a development finance institution, wholly owned by the UK Government, which provides scarce and patient capital to private sector entrepreneurs

India should have 10% of 6G patents by 2030, says Chandra Pemmasani

Minister Pemmasani says India must lead global 6G innovation with 10% patents by 2030 as Bharat 6G Vision, 5G labs and open-source platforms drive R&D push

India's iron ore production rises marginally to 53 mmt in April-May

The production of manganese ore, bauxite, zinc concentrate and limestone rose in the April-May period of the ongoing financial year

Average home prices to rise 4-6% after double-digit growth in last 2 years

With supply expected to continue exceeding demand, inventory levels should inch up this and next financial year, said Crisil

Delhi High Court revives Crocs' clog design claims against Bata, Liberty

The Delhi High Court revives Crocs Inc's lawsuits against Indian firms for allegedly copying its foam clog design, overturning a 2019 ruling that had dismissed the passing off claims

SECI inks power sale pacts for 60 GW of renewable energy over 14 years

The Power Sale Agreements (PSAs) cover a diverse portfolio of solar, wind, and hybrid energy projects, collectively representing a significant share of India's rising RE capacity, SECI said

MSMEs show strong sustainability gains but lag in governance: SPeX

The SPeX rose by 14.7% quarter-on-quarter to reach 69 in Q1 2025, marking its highest level in the past 10 quarters