Page 25 - Industry News

Credai's Budget wish list: Revise affordable housing price cap to ₹90 lakh

This comes even as affordable homes have been seeing a drop in demand as well as supply in Tier-I markets such as Delhi NCR and Mumbai

Back to silver screen: India's Jan-Nov box-office collection up 18%

In comparison, last year, despite major Diwali releases in November, the cumulative gross box office of the films released in the first 11 months of the year stood at Rs 9,862 crore

Festive cheer fuels premium push as alcobev cos bet big on launches, growth

For Pernod Ricard India, this is a continuation of the festival season and the year-end festivities make for good business

Coal ministry proposes strict ownership, net worth norms for Coal Exchange

Under the draft framework, the applicant must be a demutualised company incorporated under the Companies Act, 2013

Adani plans nuclear energy foray after private firms get OK to enter sector

The plan, part of efforts by Asia's second-richest man to broaden his renewable portfolio, would give the conglomerate about 1,600 MW of nuclear capacity

Millennials, Gen Z lead 90% of India's outbound travel in 2025: Report

Leading the list was Thailand, which accounted for 23.08 per cent of trips, followed by the UAE at 21.57 per cent

Pax Silica snub: India must develop its own mineral reserves, says Jindal

Jindal, who leads the $23 billion conglomerate having interests in steel and also electric vehicles, said India has sufficient reserves of rare earths

35% restaurants willing to stop using food delivery platforms: Here's why

The average per-order commission increased from 9.6% in 2019 to 24.6% in 2023, with 30% restaurants seeking lower commissions

Japan's Sumitomo Realty puts India bet on Mumbai and serviced apartments

Sumitomo has previously called Mumbai its 'second growth engine' after Tokyo, where it manages 240 buildings

Delhi pollution curbs open new market for ICE-to-EV retrofitters

Delhi's tighter pollution norms are boosting demand for EV retrofits, but industry players are urging the government to cut GST and ease regulatory hurdles to scale up conversions

Export dilemma: The 'shrimp vs smartphone' debate in India-US trade

How US tariffs are forcing India to weigh exports of labour-intensive products against technology-intensive ones. One is a job creator, the other a sunshine industry. It is not an easy choice

Cheque bounce appeals: SC questions blanket deposit exemption for directors

A Bench of Justice Aravind Kumar and Justice NV Anjaria said that such people cannot be given a blanket exemption from making the deposit

Food delivery platforms employed 1.37 million in FY24, says NCAER

For every ₹10 lakh of output generated on such platforms, output yielded for the economy is ₹20.5 lakh

Mamata govt courts investors ahead of West Bengal Assembly polls

Speaking at the conclave, RPSG Group Chairman Sanjiv Goenka said that over the last 15 years, the group has invested Rs 26,500 crore in the state

Mumbai airport to shut cargo flights for 10 months from August 2026

In FY25, Mumbai airport handled 8.9 lakh tonnes of cargo, accounting for nearly a quarter of India's total air cargo handled that year

Power ministry working on plan to boost domestic mfg of critical items

The authority has identified a list of 73 critical items through recent consultations with IEEMA and major industry stakeholders

Corporate ministry seeks Cabinet approval for 50 more NCLT courts

The Supreme Court, in one of its judgments, had said that a shortfall of members and the lack of requisite strength has led to tribunals only sitting for a few days of the week or a few hours in a day

In AI age, upskilling likely to create jobs in new areas: Meity secy

White-collar jobs relying on cognitive skills face the highest AI disruption risk, but reskilling and new job creation will outweigh losses, says MeitY Secretary S Krishnan

Govt may consider partial waiver of Vi's non-principal AGR dues: CLSA

Brokerage says moratorium alone won't get No 3 telco out of the woods

Parliamentary panel slams states for delaying revised mining scheme norms

Standing committee flags incomplete DMF projects, uneven funds and weak oversight in PMKKKY