Page 227 - Industry News

Here's why Gen Z, millennials are opting for co-living spaces in big cities

More Gen Z and millennials in cities like Bengaluru and Mumbai are choosing co-living spaces over PGs for flexible stays, affordable rent, better amenities, and a built-in community

What is co-living and how major players in India are rapidly scaling up

Demand is surging in metro cities, driven by Gen Z and millennial renters who value flexibility, safety, and access to premium amenities

Bright spots emerge in corporate earnings as tariff uncertainty lingers

Companies have reported over July 16-22 a combined full-year loss of as much as $7.8 billion, with the automotive, aerospace and pharmaceutical sectors being hurt most by tariffs

Attrition, hiring at IT companies continue to float on choppy waters

This comes in a tepid job market, where overall demand remains soft but companies are scrambling to find talent with niche digital skills like artificial intelligence (AI), cloud, and cybersecurity

Natco Pharma offers to acquire 35% in Adcock Ingram for ₹2,000 crore

Expected to be closed in 4 months, deal to facilitate Indian firm's entry into Africa

GenZ, millennials shift towards co-living spaces; players plan expansions

Co-living accommodations offer WiFi, housekeeping, dedicated coworking spaces, kitchen areas, laundry rooms, recreational areas, gaming zones, fitness areas, 24/7 security, & curated community events

Maha permits ethanol production from maize and rice for petrol blending

The ethanol thus produced shall not be used for liquor production, said an order issued by the state home department

Mobile phone exports soar to ₹2 trillion, up 127 times in 10 years: Govt

The minister said that 75 per cent of the total mobile phone demand in the country was met through imports in 2014-15, which has now dropped to 0.02 per cent in 2024-25

From comics to chatbots, startups adopt Google AI for local impact

At Google I/O Connect India 2025, Indian startups demonstrated AI apps built on Google's platforms, powering innovations in translation, entertainment, and enterprise

Angel One, LivWell announce ₹4 billion JV for digital life insurance

Angel One and LivWell announce a joint venture to set up a digital-first life insurance firm in India with Rs 4 bn capital, aiming to improve access and affordability

Regulators vital to ensure quality in processed foods: Chirag Paswan

At the World Food India 2025 curtain raiser, Union Minister Chirag Paswan said regulatory bodies like FSSAI are key to ensuring safe, quality processed food in India

Apollo, Siemens collaborate to advance liver healthcare with AI innovation

Apollo and Siemens Healthineers will collaborate on AI and imaging research for early detection, diagnosis, and monitoring of liver diseases including MASLD in India

Sunteck Realty to develop Mira Road land parcel with ₹1,200 crore GDV

Sunteck Realty will develop a 3.5-acre land parcel in Mira Road with a GDV of Rs 1,200 crore, expanding its footprint in the fast-growing Mumbai micro-market

Mutual fund industry showcases resilience, growth: ICRA Analytics

June marked a strong month for the industry with high inflows and robust investor participation across equity, hybrid and SIP categories, it said.

IHH inks Fortis-Gleneagles O&M deal to strengthen pan-India platform

Under the agreement, Fortis will manage operations of six Gleneagles hospitals and one clinic, earning a monthly fee and expanding its bed capacity and national presence

Indian auto sector can cut emissions by 87% with green power, steel: Study

Industry is at 'turning point' and could be the leader in low-carbon global economy, according to research by an independent group

Tired of promotional calls? Trai to launch interface to block them with tap

Trai held talks with RBI, Sebi, and DoT to fast-track a digital consent system that lets users block spam calls and revoke permissions via a tamper-proof interface

MNCs prefer institutional office assets for setting up GCCs in India: C&W

As of June 2025, the Indian REIT market, comprising all four REITs, had an operational portfolio size of more than 105 million sq ft

Trai meets RBI, Sebi, MHA, Meity, other regulators on curbing spam, fraud

Trai, along with sectoral regulators, discussed measures to curb spam and fraud, including a phased transition to the 1600-series for commercial calls and a new digital consent mechanism

India's top IT firms have more than 250,000 highly skilled AI employees

Tata Consultancy Services (TCS) has about 114,000 people with higher order AI skills, which the company believes will allow it to create a 'skills pyramid'