Page 236 - Industry News

IRB Infra eyes road asset base of Rs 1.4 trn in three years: Senior exec

Company has a strong balance sheet, sees 'immense opportunities' in road monetisation projects

Commercial rentals rise across Indian cities amid global uncertainty

Commercial real estate rentals rose in India's top cities from 2022 to 2025, with strong demand from US firms and GCCs, despite global macroeconomic headwinds

JSW Steel seeks ₹19,300 cr refund after SC cancels BPSL acquisition

Earlier this month, the Supreme Court cancelled JSW Steel's 2019 acquisition of BPSL, saying there were several non-compliances. The court also ordered that BPSL should be liquidated

43% of Bharti Airtel, Reliance Jio smartphone users have shifted to 5G

43% of total smartphone users of Reliance Jio and Airtel have already jumped on the bandwagon

Early rains throw a wet blanket over FMCG, air conditioner, beauty sales

Typically, the summer season from April to June sees peak sales of cold beverages, including carbonated drinks, ice creams, ACs, and other edible and non-edible cooling products

Celebi's clearance revoked amid unprecedented situation, says Centre

Solicitor General Tushar Mehta told the Delhi HC that Celebi's clearance was revoked citing national security and reasons could not be shared without undermining the action

SwaRail app now live on Android: Book tickets, track trains, and more

The Railways' all-in-one app offers secure login, bookings, parcel and freight tracking, live train status, Rail Madad, and more, now officially available on Google Play

China's oil demand to peak in 3-5 years, India's to grow steadily: Moody's

But Chinese production growth set to outpace India's due to investments in offshore and shale gas while Indian firms struggle with ageing wells and slower capital flows

Foreign tourist arrivals strongly correlated with travel search: RBI report

Inbound tourism to India has rebounded strongly post-Covid, with search trends and foreign exchange data pointing to the sector's key role in employment and growth

India's finished steel imports fall 11.3% in Apr on slower China shipments

Finished steel shipments from China fell to 0.1 million metric tons in April, down 26.5 per cent from a year ago

Gen Z, millennials prioritise learning, growth in career choices: Survey

The 2025 Deloitte Global Gen Z and Millennial survey is based on insights from a global lens, with responses from 809 Indian professionals - 505 Gen Zs and 304 millennials

Walmart slashes 1,500 jobs in technology team amid reorganisation push

Walmart's plan will affect teams in its global operations, e-commerce fulfilment in US stores and its advertising business. It is the largest US private employer with about 1.6 million employees

60% resolution plans under IBC approved in last three years: IBBI data

IBBI data reveals 30,000 cases with defaults of Rs 13.8 trillion settled pre-admission under IBC till December 2024; creditor recovery at 32.8 per cent by March 2025

Fresh formal hiring up 2% in March after three-month decline: EPFO data

Pension fund gets more subscribers aged 18 to 25; share of women decreases

DoT once again knocks on finance ministry's door to repay MTNL debt

The total outstanding dues to the PSBs of MTNL is Rs 8,415.55 crore

Labour codes' rollout: Centre nudges states to get in driver's seat

Several states have now gone ahead proactively in amending their labour regulations to align with key industry demands

DoT launches FRI tool to flag risky mobile numbers in cyber frauds

DoT introduces Financial Fraud Risk Indicator under DIP to help banks and UPI platforms detect risky mobile numbers and prevent cyber frauds more proactively

Indians take to private labelling as value reigns supreme: Survey

Indian shoppers are prioritising value and price over brand loyalty as retailers expand private labels and enhance shelf visibility, says EY Future Consumer Index

CPP Investments' India portfolio hits $21.68 bn in net assets in 2025

CPP exits Delhivery, invests in NHIT, solar-wind assets, and packaging platform as its India exposure exceeds C$30 billion in net assets in 2025

SC urges Centre to set up permanent bodies for timely consumer redressal

The Supreme Court has asked the Centre to consider setting up a permanent forum for consumer disputes and file a report within three months, stressing the need for permanent staff