Page 217 - Industry News

Housing price index of 13 cities rises 8 points annually in March: Report

The index shows a moderate 8-point increase to 132 in March this year, as against 124 in the same month last year

Scrapping of US-sanctioned tanker in India shows dark fleet pain

Contract II, a decades-old tanker linked to Iran sanctions, was sold at a discount and dismantled in Alang, India, amid tighter enforcement and rising risks for ageing dark fleet vessels

Govt may fine carmakers missing fuel efficiency targets under new rules

The government reportedly plans to fine carmakers that do not meet fuel efficiency rules; Bureau of Energy Efficiency (BEE) will check compliance

Britannia readies 'war chest' to take on regional rivals in key states

Britannia to target smaller territories with strategic spending, eyes growth in Hindi belt and beyond amid stable commodity prices

Gen Z in India less attentive to digital ads than millennials: Report

A report by Snapchat, WPP Media, and Lumen Research says Gen Z in India pays less attention to traditional digital ads, with immersive full-screen video and AR boosting engagement

IBBI calls for CoC to discuss, record section 29A eligibility under IBC

The idea behind the proposed changes to IBC regulations is to bring more transparency and procedural fairness to corporate insolvency resolution

Stable rate will nudge people to buy homes: Real estate industry execs

RBI decision expected to boost affordable and mid-income housing, they say

SC clearance ruling to revive 493 stalled projects in MMR, Pune: CREDAI

Supreme Court allows state bodies to retain project clearance powers, set to revive over 493 stalled projects in MMR and Pune, unlocking 70,000 housing units and easing supply

Supreme Court pulls up states, discoms; sets April 2028 dues deadline

A regulatory asset is an intangible asset created by electricity discoms to account for the gap between the price at which they purchase power and the price at which they sell it to customers

COAI seeks SIM-binding rule for WhatsApp, Telegram to curb cyber fraud

Currently, OTT communication apps are bound to users' devices only once, during the service registration process on the device

India's GCCs too big to bill lightly: Backend hubs face tax claims

The big question: Are these companies paying their fair share of taxes in India? That question has triggered a series of tax disputes between foreign firms and Indian authorities

PVR INOX narrows Q1 loss to ₹54 crore on strong lineup, cost control

The company's revenue from operations rose by 23.38 per cent to ₹1,469.1 crore during the quarter compared with Q1FY25

ED conducts raids at 11 sites in ₹260 crore global cyber fraud case

ED searches 11 locations in Delhi, Noida, Gurugram and Dehradun in ₹260 crore cyber fraud case involving fake law enforcement calls, tech support scams and crypto laundering via UAE hawala

Govt scraps uniform tariff rule, dissolves pricing pools for green energy

The move is expected to ease price discovery between renewable energy producers and users as well as deployment of renewable capacity in the country

Hotels nearly sold out, airfares soar sharply for August 15 long weekend

Luxury villa rental firm StayVista has recorded 100 per cent occupancy for the long weekend across its portfolio

From TCS to Wipro, India's top IT companies a gravy train for shareholders

Top Indian IT firms returned over ₹6.4 trillion to shareholders in 10 years while reinvesting just ₹1.2 trillion, raising questions amid slowing growth and AI-led churn

Print, digital news will vanish, only ChatGPT will remain: DNPA to HC

DNPA told the Delhi High Court that if OpenAI continues to use news content without compensation, physical and digital media may vanish, leaving only ChatGPT functioning

IEX sees record-high volume in July; electricity prices continue to drop

Electricity traded on IEX rose 25.5% to 12,664 MU in July, led by higher supply; average Day-Ahead and Real-Time prices dropped despite strong demand and market reforms

NCLAT allows Gensol lessor to retain vehicles taken before insolvency

Tribunal permits SMAS Auto Leasing to keep possession of 152 e-vehicles taken before Gensol Engineering's insolvency; hearing on remaining vehicles on August 28

60% women in energy sector seek gender-based policies: IESA report

The report revealed that 60 per cent of women in energy sector sought gender-responsive policies to boost India's 500 GW clean energy target by 2030