Page 23 - Industry News

IHCL, IPO-bound Prism among top 10 firms in Hurun India real estate list

Tata Group-owned IHCL and IPO-bound Prism, the parent of OYO, are the only hospitality companies in the Hurun India Real Estate 150 rankings, with Prism more than doubling its valuation to ₹67,200 cr

Downstream aluminium industry seeks duty relief to boost competitiveness

Downstream aluminium manufacturers have urged the Centre to reduce customs duty on primary aluminium and scrap, saying high input costs are hurting MSMEs' competitiveness and squeezing margins

Semicon 2.0 equity norms to boost chip design investment: IT secy

The government plans to co-invest with private investors under the ₹1.27 trillion Semicon 2.0 programme to help Indian firms develop advanced semiconductor designs, including chips for AI applications

Solar cell ALMM exemption extended for net-metering, open access till Dec

The exemption applies to net-metering projects and open access renewable energy power projects, but the ministry said there will be no blanket extension for solar projects

Govt extends exemption for net metering, open access RE projects till Dec

The ministry clarified that there will be no change with respect to the implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells

AI, qcom platforms key drivers in food processing sector's growth: Report

Consumer behaviour has changed on qcom platforms, with demand being split between value purchases and premium products that are also defined by clear labelling and health benefits

Just 70 Delhi eateries have valid open dining licences amid 1,500 outlets

Despite an estimated 1,500 restaurants and cafes operating open dining spaces across Delhi, only around 70 hold valid MCD licences, with officials citing high permit and renewal costs as main reason

Skyroot's Vikram-1 launch a test of India's private sector space ambitions

Skyroot Aerospace's maiden orbital mission marks a watershed moment for India's private space industry, showing the impact of policy reforms as India looks to emerge as a global commercial space hub

Govt to unveil revamped core industries index with 2022-23 base on July 20

Revised Index of Core Industries with 2022-23 as the base year will be released on July 20, adding Iron Ore to the basket and aligning it with key macroeconomic indicators

Box-office bonanza: 2026 may be best year for Indian movie business

Tickets sold rise for the first time in over 2 years

Spain vs Argentina: Business cup to brim on World Cup final night

Spain-Argentina match promises windfall for eateries, pubs, delivery platforms

India's renewable energy capacity additions rose 25% in H1 2026

Solar capacity additions surged 43 per cent year-on-year in the first half of 2026, taking India's total installed renewable energy capacity, including hydro, to 288 GW

Making it big with PLI 2.0 scheme: Scale and cost still a hurdle

A new incentive scheme for smartphone manufacturing may help India get a bigger global market share, but there are barriers to cross

IAMAI launches E-Commerce Council to strengthen digital commerce ecosystem

The new industry platform has brought together more than 70 companies to foster collaboration with the government and support policy, research and best practices in digital commerce

Concessional-duty SEZ sales may hurt MSMEs, distort competition: Report

The report cautions that easing domestic sales by SEZ units could undermine the export-focused framework, weaken MSMEs and distort competition unless accompanied by strict safeguards

Beyond match days, sports jerseys emerge as India's latest fashion category

As fans embrace jerseys beyond stadiums, brands are targeting a growing middle market between premium official merchandise and dirt-cheap knock-offs

Notandas Realty directors acquire Juhu's Villa Wilson for ₹135 crore

The Mumbai developer plans a luxury residential project with a gross development value of Rs 600 crore after acquiring the legacy bungalow in Juhu

IIM Bangalore, Square Yards to build property price index for India

The multi-year collaboration aims to develop a transparent, data-driven residential property price index to help homebuyers, investors, lenders and policymakers

Why Isro is seeing more exits and what it could mean for India's space push

Why is the government making it harder for some Isro scientists to leave? The answer lies in India's growing private space industry, and lessons from abroad

Novo Nordisk's Wegovy gets CDSCO nod for treatment of fatty liver in India

The approval makes Wegovy the first GLP-1 receptor agonist cleared in India for treating non-cirrhotic MASH alongside diet and lifestyle changes