Page 217 - Industry News
Bike taxi ban challenged in K'taka HC citing fundamental rights violation
The petitioners argued that the state cannot infringe upon the fundamental right to carry on a business or choose a bike taxi over the metro or a bus
 "Bike taxi ban challenged in K'taka HC citing fundamental rights violation")
Agnikul, GalaxEye, ePlane Co among 10 Indian startups on WEF list
Indian startups in AI, space tech, energy and data analytics make it to WEF's 2025 top 100 list, affirming India's rising presence in deep-tech innovation
 "Agnikul, GalaxEye, ePlane Co among 10 Indian startups on WEF list")
No sign of panic among Indian exporters; shift to Cape of Good Hope route
Despite Iran-Israel instability, exporters report no disruption in trade as 96 per cent of India's container traffic shifts to the Cape of Good Hope route
 "No sign of panic among Indian exporters; shift to Cape of Good Hope route")
Arbour Investments commits ₹105 cr to ELV for Whitefield projects
Arbour will fund ELV Projects' mid-premium residential developments in Whitefield, with Rs 105 crore to be disbursed in phases over eight to nine months
 "Arbour Investments commits ₹105 cr to ELV for Whitefield projects")
Taxi aggregators shift revenue model, but vehicle numbers a cause of worry
A zero-commission model relies on increasing numbers of taxis entering the market, but states' data shows that new taxis are growing at a slower rate than is required
 "Taxi aggregators shift revenue model, but vehicle numbers a cause of worry")
Housing affordability in H1 CY25 improves as RBI cuts interest rate: Report
Ahmedabad is the most affordable housing market and Mumbai the least: Knight Frank
 "Housing affordability in H1 CY25 improves as RBI cuts interest rate: Report")
Wi-Fi segment to be worth $22 bn by 2035 in India: Jyotiraditya Scindia
Highlighting the recent de-licensing of the 6 GHz spectrum, the Minister said this move will enable multi-gigabit speeds and low-cost digital highways across India
 "Wi-Fi segment to be worth $22 bn by 2035 in India: Jyotiraditya Scindia")
Novo Nordisk launches blockbuster weight-loss drug Wegovy in India
The 1.75 mg and 2.4 mg doses will be priced at ₹24,280, and 2.4 mg will be priced at ₹26,050 for a month
 "Novo Nordisk launches blockbuster weight-loss drug Wegovy in India")
Traders, business associations hail scrapping of police licensing approvals
Delhi Lieutenant Governor Vinai Kumar Saxena on Sunday issued an order, withdrawing the requirement of a police license for certain commercial establishments
 "Traders, business associations hail scrapping of police licensing approvals")
Indian game studios level up with local IPs and cultural narratives
As players warm to culturally resonant content, Indian game studios shift focus from outsourcing to homegrown IPs rooted in local themes and traditions
 "Indian game studios level up with local IPs and cultural narratives")
Govt mulls tweaking duty norms for sale of SEZ products to domestic market
At present, SEZs pay full customs duty, in case a finished product is sold outside these zones, known as domestic tariff area (DTA). Based on the industry's long-standing request
 "Govt mulls tweaking duty norms for sale of SEZ products to domestic market")
Prosus bets on India as its creates number 1 lifestyle ecom company
PayU India reorganises payments business, tightens credit underwriting
 "Prosus bets on India as its creates number 1 lifestyle ecom company")
Govt holds wide FTA talks to protect domestic industry: Piyush Goyal
He said that India is keeping in mind both the offensive and defensive interests of industry while negotiating these agreements
 "Govt holds wide FTA talks to protect domestic industry: Piyush Goyal")
50% of Indians pay online convenience fees; 78% prefer free platforms
A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services
 "50% of Indians pay online convenience fees; 78% prefer free platforms")
50% of Indians pay online convenience fees; 78% prefer free platforms
A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services
 "50% of Indians pay online convenience fees; 78% prefer free platforms")
MMRDA to build Dharavi as multi-modal transit hub with metro, rail links
The MMTH will connect Dharavi to metro lines, airports, rail stations and BKC, as MMRDA takes charge of building a future-ready, 24x7 urban mobility hub
 "MMRDA to build Dharavi as multi-modal transit hub with metro, rail links")
Transmission body seeks flexible ISTS waiver phase-out for RE sector
EPTA urges the government to provide relief for projects nearing completion and recommends phased withdrawal of the ISTS waiver to protect RE competitiveness
 "Transmission body seeks flexible ISTS waiver phase-out for RE sector")
Rajasthan eyes early allotment of co-industrial spaces at Sitapura
Currently, senior officials at RIICO are considering three allotment options. They are fixed monthly rent, fixed lease premium (long-term and short-term) and lease basis e-auction, the official said
 "Rajasthan eyes early allotment of co-industrial spaces at Sitapura")
Uttar Pradesh to invest ₹22K cr to boost rural economy, double farm income
The investment will focus on strengthening essential infrastructure and services across various sectors, including employment generation, sanitation, and agricultural development
 "Uttar Pradesh to invest ₹22K cr to boost rural economy, double farm income")
EPTA urges extension of ISTS charges waiver for green projects to 2026
Investments of about Rs 2 lakh crore will be impacted if a relief is not given to the players in the form of extension in the waiver, G P Upadhyaya, the Director General of EPTA said
 "EPTA urges extension of ISTS charges waiver for green projects to 2026")