Page 214 - Industry News
DS Group's Pulse candy clocks ₹750 cr, eyes ₹1,000 cr in next two yrs
The Dharampal Satyapal (DS) group, which distributes the brand through 35 lakh distributors, now plans to expand the brand into new formats to increase the brand's penetration
 "DS Group's Pulse candy clocks ₹750 cr, eyes ₹1,000 cr in next two yrs")
GIA to expand Indian offerings, revise grading for lab-grown diamonds
GIA will stop using traditional clarity and colour scales for lab-grown diamonds and expand services in India to support rising consumer confidence in jewellery
 "GIA to expand Indian offerings, revise grading for lab-grown diamonds")
High input costs weighed on profit margins in FY25, says RBI study
The OPM of manufacturing firms moderated by 20 basis points (bps) from 14.4 in Fy24 to 14.2 per cent in Fy25
 "High input costs weighed on profit margins in FY25, says RBI study")
Will no longer continue with toll operate transfer model: Gadkari
Centre to halt toll-operate-transfer model in favour of InvITs to boost domestic participation in road monetisation and enable salaried class to invest, says Gadkari
 "Will no longer continue with toll operate transfer model: Gadkari")
Sluggish demand weighs on Indian steel sector, pulls down prices
The monthly average HRC price (excluding Mumbai) was Rs 52,900 a tonne on April 29, according to data provided by BigMint, a market intelligence company
 "Sluggish demand weighs on Indian steel sector, pulls down prices")
Graduates face toughest job market in more than decade as hiring slows
Zahid, 25, completed her studies in December, but so far she hasn't found a job in the industry that surrounds her
 "Graduates face toughest job market in more than decade as hiring slows")
Cement makers struggle despite robust growth of construction sector in GDP
The cement industry combined net sales declined to Rs 2.1 trillion in FY25 from Rs 2.22 trillion in the previous year
 "Cement makers struggle despite robust growth of construction sector in GDP")
Exports of cut and polished diamonds to decline by 7-10% in FY26: Icra
"This is largely attributable to pressure on demand in US, exacerbated by uncertainties surrounding imposition of US tariffs. Icra has thus, maintained its sector outlook at negative," report said
 "Exports of cut and polished diamonds to decline by 7-10% in FY26: Icra")
Private equity flows into Indian real estate fall 41% in H1 CY25: Report
Amid global macroeconomic headwinds, PE flows into real estate fell to USD 1.7 billion in H1 CY25, with rising domestic capital and office segment resilience
 "Private equity flows into Indian real estate fall 41% in H1 CY25: Report")
Gadkari says govt working on rare earth alternatives: 'Will be solved soon'
Speaking to Business Standard, Gadkari explained the government's multipronged push for self-reliance and assured that the problem of restrictions on rare earth magnets will be solved soon
 "Gadkari says govt working on rare earth alternatives: 'Will be solved soon'")
PE inflow in real estate at $1.73 bn, set to drop in H1: Knight Frank
Indian real estate received $4.9 billion in PE investments in the full 2024 calendar year. The sector attracted record PE inflow in 2018 at $7.8 billion
 "PE inflow in real estate at $1.73 bn, set to drop in H1: Knight Frank")
Icra revises India's PV wholesale growth forecast to 1-4% for FY26
ICRA had earlier pegged the passenger vehicles (PV) wholesale volume growth for FY26 at 4-7 per cent over FY25
 "Icra revises India's PV wholesale growth forecast to 1-4% for FY26")
Oil refiners' May crude processing edges up 0.4% from a year earlier
India's fuel demand in May rose to its highest in more than a year, while crude oil imports reached a record high of 23.32 million metric tonnes
 "Oil refiners' May crude processing edges up 0.4% from a year earlier")
Grade A office leasing up 11% in Q2 CY25, led by flex space demand: Report
Indian commercial real estate likely to have 'another impressive year' in 2025: Colliers
 "Grade A office leasing up 11% in Q2 CY25, led by flex space demand: Report")
Housing sales decline 20% in Q2 CY25; recovery signs seen: Report
Sales likely to improve after 'rollercoaster quarter' for Indian housing market: Anarock
 "Housing sales decline 20% in Q2 CY25; recovery signs seen: Report")
Office space demand rises 11% in April-June across top 7 cities: Colliers
Real estate consultant Colliers India data showed that demand of workspace increased in six cities -- Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, and Pune
'Appeals in DGGI-led multi-state cases must be filed where CAA is posted'
The clarification resolves confusion in multi-state GST cases by stating appeals must be filed in the jurisdiction of the Common Adjudicating Authority's posting
 "'Appeals in DGGI-led multi-state cases must be filed where CAA is posted'")
Odisha to launch EV Policy 2.0 to target 50% BEV registrations by 2036
The policy framework was discussed at a meeting held here in presence of Usha Padhee, principal secretary, Commerce & Transport, and Vishal Kumar Dev, principal secretary, Energy
 "Odisha to launch EV Policy 2.0 to target 50% BEV registrations by 2036")
Cosmic connection: D2D technology may redefine telecom rules in India
Direct-to-device (D2D) satellite connectivity would allow users to access satellite connectivity on existing 4G or 5G smartphones - no special satellite phone would be needed
 "Cosmic connection: D2D technology may redefine telecom rules in India")
Despite slowdown, India ranks third in global tech startup funding: Tracxn
India raised $4.8 billion in tech startup funding in H1 2025, down from H1 and H2 2024, but retained its third global position behind the US and UK, says Tracxn
 "Despite slowdown, India ranks third in global tech startup funding: Tracxn")