Page 208 - Industry News

Steady buyer sentiment drives Mumbai property registrations to H1 2025 high

Experts indicate buyers are moving towards high-ticket-size transactions, with the city recording its second-highest property registration figures in June 2025

Uttar Pradesh expects tourist inflow to double to 1.3 billion in 2025

To accommodate the growing number of backpackers, about 100,000 new hotel rooms have been added to the existing inventory across UP

Co-working operators' office leases up 48% in top 7 cities: Colliers

Co-working operators leased 65 lakh square feet in the January-June period across seven cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Hyderabad, Pune and Bengaluru

Indian pharma eyes US gains as $63.7 bn patent cliff nears: Analysts

Shift is expected to drive a sharp increase in generic drug launches, positioning Indian drugmakers for strong growth

NxtQuantum AI-powered 5G smartphones to be next market giant-killer

Currently, the cheapest 5G smartphones in India are priced above ₹8,000. Sheth's latest offering promises not just affordability, but also compatibility with standalone and non-standalone 5G networks

80% domestic passengers expected to use Digi Yatra app by 2028: CEO

The app will support more Indian languages, enable driving licence onboarding, and run pilots for international and hotel check-ins over the next few months

SIAC rules for Amazon in Future case, awards ₹23.7 crore damages

Amazon wins arbitration against Future Group at SIAC, but tribunal awards a fraction of claimed damages citing FRL's declining value and Covid-related business loss

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Expected to deliver low single-digit growth because of geopolitical headwinds

OIL targets LatAm lithium; govt weighs soft finance, quicker nods

A team from OIL - the first state-run oil firm to set up a dedicated department for critical minerals - visited the so-called Lithium Triangle last month

Torrent Pharma to acquire JB Pharma from KKR at ₹25,689 cr valuation

Torrent Pharma will acquire KKR's 46.39% stake in JB Pharma followed by open offer and merger, strengthening chronic segment and CDMO footprint in India and abroad

Fossil to future: ONGC charts a bold path; pivots to LNG, renewables

As oil loses ground and an era of energy transition dawns, ONGC, India's flagship producer, has accelerated plans for renewables, biofuels, and nuclear ventures

Affordable housing dream of millions in India gets closer to reality

RBI's rate cuts and revised lending norms could help a segment that developers have largely ignored

Railways to release the reservation chart 8 hours before departure

To reduce uncertainty for waitlisted passengers, Indian Railways will now prepare charts 8 hours ahead of train departure with phased rollout starting this week

India's SDG progress strong in health, education, inequality: Mospi report

The 2025 National Indicator Framework report shows improved outcomes in health, poverty, education and inequality, but highlights gaps in energy and social coverage

50% eligible cos got telecom manufacturing PLI incentives till March 31

The Department of Telecom has disbursed Rs 1,162 crore for the telecom product-linked incentive scheme till March 31, this year

Karnataka bike taxi ban: Riders hold hunger protest, write letter to CM

According to the association, protests were held in Bengaluru, Mysuru, Mandya, Davangere, and Ramanagara, with several bike taxi riders participating

Amul becomes top Indian food brand, Mother Dairy second: Check full list

Amul also improved its standing in Brand Finance's list of top 100 Indian brands across all industries, securing the 17th rank

New entrants intensify competition in paint industry with steep discounts

The industry, which also faced a demand slowdown from urban markets and downtrading, where consumers are moving towards more affordable options

India's ban on ships with Pak's cargo raises costs, delays freight: Report

Pakistani importers said the Indian ban has resulted in longer shipping times and higher freight charges

Cement industry grows 9% in May; margins rise on stable input costs: Icra

The cement industry, which is facing a lower sales realisation, also reported a price growth of 8 per cent to Rs 360 per 50 kg bag in May 2025