Page 219 - Industry News
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")
India leads Asia-Pacific in office leasing sentiment: CBRE report
CBRE's India Office Figures for Q1 of 2025 also revealed that gross office leasing rose by 5 per cent yoy, reaching 18 million square feet across nine cities between January and March 2025
 "India leads Asia-Pacific in office leasing sentiment: CBRE report")
Kandla Port vows to ease vessel congestion for smooth edible oil imports
The assurance came during a meeting between industry representatives and Kandla Port Chairman Sushil Kumar Singh, aimed at resolving bottlenecks that have affected imports of edible oils
 "Kandla Port vows to ease vessel congestion for smooth edible oil imports")
Real estate institutional capital flows in H1CY25 decline by 37% Y-o-Y: JLL
JLL data shows institutional real estate investments declined to $3.1 billion in H1CY25 amid global uncertainty, with Blackstone's Kolte-Patil deal leading the pack
 "Real estate institutional capital flows in H1CY25 decline by 37% Y-o-Y: JLL")
Realty to see institutional investments fall 37% to $3 bn in Jan-Jun: JLL
Foreign investors' share in total institutional investments in Indian real estate is 68 per cent, while domestic players infused 32 per cent during the first half of the 2025 calendar year
 "Realty to see institutional investments fall 37% to $3 bn in Jan-Jun: JLL")
A watchdog's watchlist: Meet Ravneet Kaur, the 1st woman ever to head CCI
Only the second woman to head a regulatory body in India, Kaur tells about her deep interest in economics, the challenges of AI, and why she might be seen as a tough taskmaster
 "A watchdog's watchlist: Meet Ravneet Kaur, the 1st woman ever to head CCI")
FMCG majors reconnect with kiranas as quick-commerce squeeze deepens
ITC, Nestle, Tata, Dabur and Parle roll out new trade incentives to mend kirana ties and regain market share lost to fast-growing quick-commerce platforms
 "FMCG majors reconnect with kiranas as quick-commerce squeeze deepens")
Iran to block Strait of Hormuz: What it means for India and oil trade
Iran has proposed closing the Strait of Hormuz after US strikes, threatening to disrupt global oil flows and raise prices amid the ongoing Israel-Iran conflict
 "Iran to block Strait of Hormuz: What it means for India and oil trade")
Textile industry knits business with AI as companies adopt technology
AI-enabled machines have features like precision stitching and predictive maintenance for improving production
Business Standard CEO Poll: Wars, trade frictions test biz confidence
75% of CEOs are "cautiously optimistic" about the future
 "Business Standard CEO Poll: Wars, trade frictions test biz confidence")
India has weeks of oil supply, imports continue via many routes: Puri
In a post on X, the minister said the government has been 'closely monitoring the evolving geopolitical situation in the West Asia since the past two weeks'
 "India has weeks of oil supply, imports continue via many routes: Puri")
West Asia conflict: Exporters in dire straits as Hormuz trade route erupts
China-Gulf spot rates climb 55% in a month as tensions mount
 "West Asia conflict: Exporters in dire straits as Hormuz trade route erupts")