Page 249 - Industry News

Core sector growth rises slightly to 3.8% in March, shows govt data

In March 2024, core sector growth had stood at 6.3 per cent

Realty leads AIF investments with Rs 73,903 cr infusions till 9MFY25: Rpt

Investments in real estate through AIFs rose by 8 per cent from Rs 68,540 crore at the end of March 2024 (FY24-end) to Rs 73,903 crore by December 2024

Biryani finds its place on the valuation menu with rising investor appetite

Acquisition plan shines a spotlight on soul food's growing market power

From HUL to Dabur India, consumer firms offer incentives to distributors

This comes at a time when the market is pushing for growth in urban areas, which has been impacted, while rural sales have been on an upward swing for the past few months

1 in 5 smartphones sold in India is refurbished: Counterpoint Research

Experts also point out that many feature phone users looking to buy their first smartphone prefer a more feature-loaded 4G phone rather than a basic new smartphone at the same price

IT companies using AI, GenAI to reduce client costs as budgets squeeze

This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side

Bharti Airtel gained 1.65 million subscribers in January, says Trai

Jio controlled nearly 85 per cent of all 5G fixed wireless access connections

Delhi High Court seeks response from CCI and Zomato on NRAI plea

Plea challenges its exclusion from the confidentiality ring giving access to CCI probe documents

Telecom users rise to 1,190 mn in Jan; Airtel tops in new additions

In the mobile segment, Reliance Jio led the market with 465 million subscribers followed by Airtel with 386.9 million customers in January 2025

CDSCO flags spurious batch of Telma, 131 other drugs fail quality tests

One of the popular hypertension medication brands Telma 40 samples were found to be spurious in raids across locations

Govt defines 'proof of origin' for trade to boost ease of doing business

The government on Monday defined the 'proof of origin' for trade purposes to promote ease of doing business and prevent the possibility of misuse of trade pacts.

Real estate market sees 28 deals worth $1.2 billion in Jan-Mar: Report

As per the data, there were 11 deals in M&A (merger & acquisition) space worth $137 million

India's pet care industry to touch Rs 10K cr by 2028: Godrej Pet Care chief

Early this month, GPC entered Tamil Nadu with Godrej Ninja-a pet care brand offering scientifically formulated pet food for dogs, designed to enhance gut health and immunity

Bollywood actor Akshay Kumar sells office space in Mumbai for Rs 8 crore

According to the documents registered with the Inspector General of Registration (IGR), the office space is located in One Place Lodha

Indian real estate attracts nearly Rs 74K cr till Dec'24 from AIFs: Anarock

AIF means any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors

Leather exports up 25% at $5.7 bn in FY25, may hit $6.5 bn in FY26: CLE

The Council for Leather Exports (CLE) said that demands in both developed and developing countries are healthy

Trump's tariffs revive Tiruppur as global buyers shift orders from China

Buyers are rushing to Tiruppur after Trump's tariffs hit rivals like China, Vietnam and Bangladesh, sparking hopes of a double-digit export surge this year

India's oil basket price at 47-month low of $68.34 a barrel in April

Crude import bill increased by 2.7% in FY25 to $137 billion

Race for speed: Qcom competition hots up as ecom players enter fast lane

The question that has kept the industry abuzz is whether Amazon-the fifth big player in the q-com market--could beat those who have been early players in the sector

Ringing loud: Electronics climbs to third spot on India's export ladder

From fifth place in FY24 to now a pharma, gems and jewellery challenger