Page 228 - Industry News

Global firms target over 100 mn sq ft workspace: Knight Frank survey

Knight Frank's (Y)OUR SPACE report finds companies are not abandoning offices but seeking better, flexible, ESG-compliant spaces despite global uncertainties

Investments in renewables, roads & realty to hit ₹17.5 tn in 2 yrs: Crisil

Renewables to benefit from hybrid capacity push, roads from monetisation, and real estate from premiumisation and demand from global capability centres

Govt clears SEZ proposals of Micron, Aequs for chip, electronics units

The decision followed the easing of certain SEZ (special economic zone) rules to promote the manufacturing of semiconductors and electronics components

Gap between built up area & carpet area rises in apartment to 40%: Anarock

The average loading percentage was 31 per cent in 2019, and the same has risen to 40 per cent in the January-March quarter of this year, which means flat owners are getting less liveable space

DLF secures RERA approval for Privana North project, launch by Q1-end

DLF has received RERA approval for Privana North in Gurugram, the third phase of its Privana series, and may launch it by the end of the first quarter of FY26

Solar Federation seeks extension of inter-state transmission fee waiver

The federation, representing a broad spectrum of stakeholders across the solar value chain, stated that while the ISTS waiver, originally announced by the Ministry of Power, has played a pivotal role

After Zepto, FDA shuts Blinkit Pune store for no licence, improper storage

Earlier this month, the Maharashtra FDA suspended the food business licence of quick commerce unicorn Zepto in Dharavi, Mumbai citing non-compliance with food safety standards

Cement consolidation to continue, industry may grow 7-8% in FY26: Dalmia

The industry's installed capacity is estimated to reach approximately 670 million tonnes (MT) by the end of FY25, supported by the commissioning of around 33-35 MT of new capacity during the year

Starlink to launch in India with ₹3,000 monthly plans, ₹33,000 setup cost

Starlink has received a key licence from the Ministry of Telecommunications, clearing the way for its entry into India's satellite broadband market, expected to launch in the next 12 months

Midwest Advanced Materials bets ₹1,000 crore on rare earth magnets

Plans first production by Dec; secures Sri Lankan mines

India Inc's dividend payout rises 11% to record ₹5 trillion in FY25

But payouts to shareholders grew slowest in five years

Chinese dumping concerns rise on PET resins; industry calls for action

Domestic players allege unfair trade by Chinese suppliers like Wankai, urging DGTR to tighten anti-dumping actions to protect India's petrochemical sector

Unbranded FMCG driving consumption in urban areas, says Kantar report

Improving economic indicators yet to impact consumption, says market researcher

Indo-Pak conflict: FMCG sales soar, auto sector hit in border areas in May

Border tensions in May triggered panic FMCG buying and a dip in vehicle, fuel and cinema sales in Rajasthan, Punjab, Gujarat and J&K, with uneven recovery across sectors

Ethanol blending may face headwinds from distillers and automakers

The final cog is the consumer, who incurs higher operating costs on ethanol blending because of the low burning value of ethanol

India hunts for rare earth magnet alternatives as China tightens grip

China holds around 50% of the world's rare earth reserves, 70% of extraction capacity, and over 90% of processing capability

CCPA's advisory on dark patterns sent to over 50 online platforms

Platforms including Amazon, Flipkart, Zomato and Paytm asked to eliminate dark patterns and complete self-audits within three months as per 2020 e-commerce rules

Covid surge, summer migration may hit project timelines in short term

Developers taking to technology, re-skilling of labour force to address labour shortage issues

Non-Mumbai builders tap into financial capital via redevelopment projects

Mumbai's redevelopment market is big enough to accomodate more players like Bengaluru-based Sobha and Ahmedabad-based Arvind Smartspaces are evaluating opportunities

Cement firms' Q4 volumes grow, but realisations decline amid weak pricing

According to analysts, the consolidation in India's cement sector and the weak demand have put pressure on the pricing environment