Page 232 - Industry News

Emcure enters distribution agreement with Sanofi for diabetes drugs

Emcure to distribute and promote Sanofi's oral anti-diabetic brands Amaryl and Cetapin in India, expanding access amid rising prevalence of uncontrolled diabetes

Thermal power segment to attract ₹2.3 trn investments over 3 yrs: Crisil

The capital expenditure in thermal power stood at ₹1.1 trillion over the three financial years through 2025, Crisil Ratings said

Bollywood actor Salman Khan sells Bandra West apartment for ₹5.35 crore

Flat in Shiv Asthan Heights sold on July 15, includes three car parks; average rate in Bandra West rose 2.41 per cent year-on-year to Rs 59,163 per sq ft in Q1 CY25

Oil prices gain on summer demand expectations despite wider economy woes

Major oil producers are pointing to signs of better economic growth in the second half of the year while data from China showed consistent growth

Skill ministry eyes 1990s-style reforms for vocational education

The skill ministry is currently working on introducing a new national policy on skilling, replacing the previous version launched in 2015

DoT may stick to Trai's satellite spectrum pricing recommendations

The department issued a letter of intent to Starlink on May 7, days before the pricing recommendations were announced, but trial spectrum for testing services has not yet been allocated

Youth unemployment rises to 15.3% in June, labour participation dips

Youth unemployment rose for the second month in a row as labour participation fell in June, with a sharper increase in urban joblessness, PLFS data from NSO shows

Irdai sets up panels to probe insurer and intermediary rule violations

Insurance regulator Irdai has formed panels of whole-time members to look into violations of regulatory norms by insurers and intermediaries.

HC tells Amazon, Flipkart to take down goods infringing Reliance marks

Court restrains sellers from misusing Reliance and Jio trademarks and directs major e-commerce platforms to delist infringing listings and share seller information

ICRA forecasts muted growth for mining and construction industry in FY26

ICRA predicts 2-5% growth for mining and construction in FY26 due to factors like erratic monsoons, delayed project awards, and rising equipment costs after regulatory changes

Telcos complete rollout of SMS headers to identify messages, reduce spam

Domestic telecom operators implement SMS header system to categorise messages and enhance transparency, reducing spam and increasing consumer trust, says COAI

Real estate deals drop 8% in Jan-Jun to $2.5 billion: Grant Thornton Bharat

In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped

Housing sales drop 20% in Q2 despite value gains, premium demand holds firm

Home sales across major cities in India declined in Q2 2025, but value rises 1% to ₹1.47 trillion amid a sharp shift toward high-end and luxury housing, says Anarock's residential market report

Tier 2 cities outpace metros in residential plot launches: PropEquity

Seven of the top 10 cities for residential plot launches were tier 2 locations, led by Indore, Nagpur and Surat, as investor interest shifts away from apartments

Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm

The resolution plan was approved by the committee of creditors (CoC) on July 14 following which a letter of intent was issued in favour of the consortium

India sees highest ever office leasing in H1 2025 at 48.9 mn square feet

Strong demand from Global Capability Centres and flexible office spaces drove India's office leasing to a record 48.9 million sq ft in the first half of 2025

Anti-obesity drug war heats up as Wegovy and Mounjaro boost sales

India's Rs 628-crore anti-obesity market sees heightened competition as Wegovy and Mounjaro post strong sales amid rising obesity and growing doctor awareness

Low-pollution industries will get nod to operate in 20 days: DPCC

The statement highlights that Industries that will benefit include small factories, packing units, and service centres that cause minimal environmental harm and do not require pollution control system

With space cities, Andhra Pradesh sets course for Rs 25K cr inflows

Two space cities planned in Lepakshi and Tirupati, spanning 33,000 acres, to attract global investments and align with Centre's Rs 1.5 trillion space sector roadmap

Flying high: Airport-adjacent micro mkts outpace city-wide price growth

Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent