Page 221 - Industry News

Sun Pharma Q1 net profit falls 20% Y-o-Y; revenue rises 9%

Litigation, drug discontinuation weigh on earnings; US market remains sluggish even as India sales and Leqselvi launch boost specialty push

IPV launches $110 mn angel fund in GIFT City to tap global startup capital

IPV International, the new CAT I fund by Inflection Point Ventures, aims to invest $100,000-$1 mn in early-stage startups and has already backed Singapore's Cellivate

IAMAI picks JioStar CEO Kiran Mani to lead Digital Entertainment Committee

Kiran Mani and Deepit Purkayastha to lead IAMAI's Digital Entertainment Committee for two years, focusing on OTT, tech adoption, and creator monetisation

PM Internship scheme needs independent review, relaxed norms: Parl panel

The panel also sought fast-track IBC tribunals, SME engagement in internships, and robust job-tracking under the PMIS to improve impact and budget efficiency

Godrej Properties enters Vadodara with 34-acre residential land acquisition

Marking its second Gujarat acquisition in a year, Godrej to develop premium plotted units with 9 lakh sq ft saleable area in Vadodara

Indian hospitality sector dips on geopolitical tensions in June quarter

Hotel occupancy and room rates decline across cities amid Indo-Pak tensions, early monsoon and air crash; outlook for September quarter remains optimistic

IT cos warn employees to reskill or risk losing jobs amid AI transformation

From TCS to Cognizant, firms pivot to AI-first models, favouring tech-savvy, younger talent and urging workforce to upgrade skills or face involuntary exits

UP unveils AI push, to train 1 mn people monthly with Google, Microsoft

State to invest ₹10,700 crore in AI City project

Mumbai property registrations slip 0.1% in July; luxury sales buoy revenue

Despite a marginal YoY dip in registrations, Mumbai's property market remained resilient in July 2025 with rising revenue and demand for high-value transactions

India's garment and jewellery sectors fear for US orders after tariff shock

Key garment exporters including Welspun Living, Gokaldas Exports, Indo Count and Trident, make 40 per cent-70 per cent of their sales in the United States

One Act and 3 Bills on, gig workers say there is progress, but not enough

Employer-employee relationship, work hours, wage guarantee, termination from work by platform remain pressing concerns

DLF tops Indian real estate rankings with Rs 2 trn valuation: Grohe-Hurun

Adani Realty leads the unlisted space with Rs 52,400 crore valuation; Oyo enters the top 15 list for the first time at Rs 32,500 crore, says GROHE-HURUN 2025 report

Housing sales volume down 5% in top 8 cities; up 9% in value: Credai

Appreciation in prices of residential properties led to an increase of 9 per cent in sales in value terms

MS Dhoni wants to trademark 'Captain Cool'; legal experts raise flags

Dhoni filed his trademark application through the Trademarks Registry's Kolkata office under Class 41, which covers education, training, entertainment, sporting, and cultural activities

US sanctions 6 Indian firms for trading in Iranian petrochemical goods

The sanctions freeze US-based assets of the six Indian companies and prohibit US entities from any dealings, affecting global petrochemical trade links

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Trump on Wednesday called India's tariffs on US exports among the highest in the world, with the most strenuous non-monetary trade barriers of any country, in a post on Truth Social

India's imports of Russian oil under spotlight after Trump tariffs

India historically bought most of its oil from the Middle East, including Iraq and Saudi Arabia. However, things changed when Russia invaded Ukraine in February 2022

Indian textile industry in uncertainty, still sees edge over rivals

Indian exporters call US tariff hike a blow to textile ambitions but say strong supply chain and lower duty rates than rivals will help retain market presence

Trump's 25% tariffs: 'Unfortunate', say experts, hope trade deal works out

The move comes even as the two countries continue negotiations on a trade agreement that has been in the works for several months

Urban FMCG demand slows but stays ahead of rural in Q1FY26: Report

Urban FMCG volume growth slowed to 4 per cent in April-June but continued to outpace rural demand as uneven rainfall, seasonal shifts hit foods and personal care