Page 257 - Industry News
'Misplaced, illogical': BJP MP slams Zepto CEO's defence of Indian startups
BJP MP Praveen Khandelwal, who also serves as the secretary general of the Confederation of All India Traders, backed Goyal's remarks made at the recently concluded Startup Mahakumbh
 "'Misplaced, illogical': BJP MP slams Zepto CEO's defence of Indian startups")
Rural FMCG's market growth outpaces urban in Q4 as qcom sees growth
The persistent food inflation continues to impact demand in the urban market, which contributes nearly two-thirds of the total FMCG sales
 "Rural FMCG's market growth outpaces urban in Q4 as qcom sees growth")
Indian steel companies evaluating possible impact of US reciprocal tariffs
For India, the US has announced 26 per cent reciprocal tariffs, contending New Delhi imposes high import duties on American goods
 "Indian steel companies evaluating possible impact of US reciprocal tariffs")
Cancer, neonatal care & genetic disorders dominate crowdfunding in India
Industry projections suggest that crowdfunding's growth in healthcare financing could rise to 20-30 per cent
 "Cancer, neonatal care & genetic disorders dominate crowdfunding in India")
India's overall exports likely to have crossed $800 billion in FY25
The 2024-25 figures for exports and imports will be released by the commerce ministry on April 15
 "India's overall exports likely to have crossed $800 billion in FY25")
JNPA, DP World's NSICT settle 20-Year tariff dispute with Rs 705 cr deal
The dispute arose in 2005 when NSICT was disallowed to recover royalty payable to the port authority as a cost item of the rate of service
 "JNPA, DP World's NSICT settle 20-Year tariff dispute with Rs 705 cr deal")
After innovation debate, Goyal announces helpline for startup grievances
Piyush Goyal said that the helpline would be accessible to all startups nationwide, allowing them to register complaints or provide feedback on policies
 "After innovation debate, Goyal announces helpline for startup grievances")
Frequent increases in taxes in K'taka affected beer industry's growth: BAI
BAI said that the frequent increases in taxes in Karnataka in recent times have affected growth from the beer industry and have also brought down tax revenues
 "Frequent increases in taxes in K'taka affected beer industry's growth: BAI")
Sales of homes priced up to ₹50 lakh down 9% in Jan-Mar: Knight Frank
Real estate consultant Knight Frank India data of primary residential market showed that sales in Rs 50 lakh to Rs 1 crore segment, too, fell 6% to 26,832 units during the first quarter of this FY
 "Sales of homes priced up to ₹50 lakh down 9% in Jan-Mar: Knight Frank")
Co-working office space leasing drops 43% in Jan-Mar across 9 cities: CBRE
The co-working space operators, who mainly provide managed flexible workspace to corporates of all sizes, had rented 37.6 lakh sq ft office space in the year-ago period
 "Co-working office space leasing drops 43% in Jan-Mar across 9 cities: CBRE")
Big-tech global firms challenge homegrown startup growth: CCI top official
At the Startup Mahakumbh, CCI Director General Ansuman Pattnaik asked startup founders to file a complaint before the commission if their business has been hindered because of a big firm
 "Big-tech global firms challenge homegrown startup growth: CCI top official")
Indian startups respond to Piyush Goyal's ecosystem comment
Goyal on Thursday had questioned if startups were content with low-paying gigs
Pharma companies likely to pass on costs in US as fresh levy looms
Brokerages also felt that the pharma companies will aim to pass on the tariff hike to payors
 "Pharma companies likely to pass on costs in US as fresh levy looms")
Connected TV emerges IPL's 'impact player' as ad rates go through the roof
Advertisement rates for CTV are up in the range of 10-20 per cent, while the inventory for advertisements on linear television is not full
 "Connected TV emerges IPL's 'impact player' as ad rates go through the roof")
US tariffs: Mobile firms hedge bets, seek incentives for India operations
Global mobile device players said they will be looking at alternatives if the duties stay at existing levels
 "US tariffs: Mobile firms hedge bets, seek incentives for India operations")
India's shrimp traders fear $1 bn loss as long-term US contracts face heat
The price drop is attributed to shrimp processors halting their purchase plans, which could severely impact growers
 "India's shrimp traders fear $1 bn loss as long-term US contracts face heat")
Startup Mahakumbh: What funding numbers say about Indian startups
In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about
 "Startup Mahakumbh: What funding numbers say about Indian startups")
US reciprocal tariffs: Lenders mull revised credit cover for SMEs
Some of the industries that may be impacted include textiles, auto parts and components, and gems and jewellery
 "US reciprocal tariffs: Lenders mull revised credit cover for SMEs")
Realty sector slowdown: Recalibration of launch pipelines in the works
Real estate analysts and research firms have reported the first quarter in 2025 seeing fewer sales than previous years, largely due to rise in home prices
Luxury hotel chains serve up exclusive experiences, some only for members
From high-end villas with private sommeliers to exclusive showcases at cultural centres to private sessions with Michelin-starred chefs and celebrities, hotel chains are pulling out all the stops
 "Luxury hotel chains serve up exclusive experiences, some only for members")