Page 25 - Industry News

Govt releases draft CAFE III norms, invites stakeholder suggestions

The new norms, which aim to progressively reduce vehicle emissions, will replace the existing CAFE-II norms that are likely to come to an end on March 31, 2027

Aurum PropTech acquires Housing.com in all-equity deal to expand business

Aurum PropTech will acquire 100 per cent of Housing.com in an all-equity transaction by issuing 19.8 million shares, with seller REA Group's stake in the company rising to 24.9 per cent after the deal

Arpu convergence belies a persistent prepaid-postpaid tariff divergence

India's prepaid ARPU has overtaken postpaid for the first time, but experts say tariff gaps will persist as M2M users and premium postpaid benefits reshape the market

Cabinet unveils ₹1.9 trillion semiconductor, smartphone manufacturing plans

The second phase will support chip design through grants and equity investment, while semiconductor equipment, chemicals, gases and materials will receive a 30 per cent incentive

Instamart partners Hindustan Petroleum for LPG cylinder delivery service

Bengaluru consumers can order HPCL's 10 kg HP Navya composite cylinder and 5 kg metal cylinder on Instamart without needing an existing domestic LPG connection

ASHVINI floats Rs 28,000-cr nuclear island EPC tender for Rajasthan project

ASHVINI has invited bids for a Rs 28,000 crore nuclear island EPC package for four 700 MW reactors at the Mahi Banswara project, the largest such tender under India's PHWR programme

SC reserves verdict on Centre's plea against relief to Sunil Biyani

The Supreme Court questioned the legal basis of the Bombay High Court's interim protection to Future Group director Sunil Biyani in a GST investigation after holding his plea premature

Raymond Realty enters South Mumbai with ₹8,500-crore Parel project

Raymond Realty has entered the South Mumbai housing market with an Rs 8,500 crore Parel project under a joint development agreement, with a peak investment of about Rs 700 crore

Cabinet clears ₹1.28 trn ISM 2.0, approves ₹62,500 cr for mobile scheme

India's semiconductor push enters its next phase as the Cabinet approves the ₹1.28 trillion Semicon 2.0 programme focused on the entire chip ecosystem

Beyond generics: $731 mn PE funding fuels India's pharma innovation push

India's pharmaceutical sector is beginning to shift from manufacturing generics to developing novel medicines, backed by rising private investment, stronger research and policy support

Why lab-grown diamonds are putting natural diamond miners under pressure

As lab-grown diamonds become more common, the industry is splitting into two markets: one built on rarity and natural origin, the other on scale, lower prices and affordability

95% of Indian listed firms use dark patterns: How regulators are responding

Dark patterns continue to influence online consumer decisions, with a study finding 95% of listed firms use them. Sebi and Irdai are stepping up action to curb deceptive practices

Why India's growing solar surplus is going unused despite record demand

India's solar generation has surged to record levels, but an average 24 GWh of electricity went unused every day in May 2026 because the grid could not absorb it before demand shifted to the evening

Why Supreme Court upheld 'royalty on royalty' under the MMDR Act

The Supreme Court has backed the existing royalty calculation for iron ore. Here's why miners called it 'royalty on royalty' and why the court disagreed

Explained: The Zomato price-parity case and why restaurants oppose it

NRAI's latest plea has brought Zomato's price-parity clauses back into focus. Here's what the case is about and why these provisions are under scrutiny

Raymond Realty partner landowner to build ₹8,500-cr Mumbai housing project

Raymond Realty did not name the landowner with whom it has entered into the agreement

India can export over 1.1 mn tonnes of steel duty-free to UK under CETA

The UK's March steel safeguard measures had become a major sticking point in implementing the Comprehensive Economic and Trade Agreement (CETA), which was signed on July 24, 2025

TVS, Bajaj, Hero and Ather corner 96% of H1 e2W growth as Ola loses ground

Fada data shows legacy players driving nearly all first-half market growth, while Ather remains the standout among EV-first manufacturers

India's top 100 brands valued at $252.8 billion in 2026: Brand Finance

India's top 100 brands posted a combined value of $252.8 billion in 2026, up 7 per cent year-on-year, with Tata Group retaining the top spot for the 10th straight year

Tracking every Indian seafarer, irrespective of vessel's flag: Sonowal

Shipping Minister Sarbananda Sonowal ordered real-time monitoring of all Indian seafarers and tighter safety measures after attacks on two merchant vessels in the Strait of Hormuz