Page 29 - Industry News

6 listed REITs distribute ₹3,136 cr in Q1FY27 to nearly 500,000 unitholders

The six listed REITs are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, Knowledge Realty Trust and Bagmane Prime Office

Govt seeks to ease consultancy tender rules to boost wider competition

The Department of Expenditure has asked ministries to ease consultancy tender rules, including high turnover and staff requirements, to widen competition and give more firms a chance to bid

Nuclear draft rules set safety norms for private operators: Key safeguards

The draft rules under the SHANTI Act set out financial, licensing, security and waste-management requirements as India opens parts of its nuclear sector to private companies

Festive season hiring expected to generate up to 270,000 gig jobs: Report

Talent company Adecco India expects temporary and gig hiring for the 2026 festive season to grow 15-20 per cent year-on-year

Telecom could drive India's next manufacturing leap, NITI Aayog says

India's telecom equipment sector could become a $50 billion export hub by 2035, while chemicals, textiles and solar PV offer further manufacturing opportunities

Over 85% of India's deeptech funding raised in past six years: IVCA

More than 85 per cent of India's $11.4 billion deeptech funding since 2015 was raised in the past six years, as the sector moved from early-stage proof points to commercial validation

CERC allows renewable producers to pay for extended grid connectivity

Power producers can get extra time instead of automatically losing their grid connectivity rights, the CERC said

Maharashtra govt forms panel to tackle Chakan industrial belt's infra woes

With the Opposition targeting the government over the issue, the ruling dispensation has moved swiftly to contain the situation

Real estate sales soften on fewer launches and high base in Q1FY27

Analysts, however, said the quarter's performance did not point to a structural weakening in housing demand, with customer response remaining healthy for projects launched during the quarter

GSK India aims to double revenue to ₹8K cr by FY30: MD Bhushan Akshikar

GSK India aims to double revenue to ₹8,000 crore by FY30, with oncology and adult vaccines emerging as key growth drivers alongside its general-medicines portfolio

Workers flag poor implementation of well-being policy at workplaces: Report

It found that pressure created by always-on-work culture is a major stressor, with 42% of respondents identifying constant availability demands as their biggest source of workplace stress

Land, business reforms key to next phase of India's growth: Economists

Economists say easing land acquisition, improving the business environment and ensuring predictable investment policies could help India sustain growth towards Viksit Bharat

PM Surya Ghar: Solar industry seeks battery integration, policy continuity

As the government plans the next phase of PM Surya Ghar, industry leaders seek battery storage integration, differentiated support and policy continuity to sustain growth

PM's FTA push to boost MSMEs' global reach, competitiveness: Exporters

They also said that with preferential market access now available across several major economies, the real opportunity lies in converting these agreements into export orders

Unitech buyers worried over vacant CMD post, lack of funds for projects

As many as five associations have issued statements urging the government and the Supreme Court to fill the CMD post at the earliest

Fuel, input costs hit cement firms' margins despite healthy volume growth

Listed cement makers have reported sales volume growth of up to 27 per cent, except second-largest maker Ambuja Cement, which reported a 14 per cent decline

India hosts 440 space startups, private investment up six-fold to $618 mn

India has around 440 space technology startups, while private investment in the sector rose nearly six-fold to $618.5 million by March 2026, government data show

DAE notifies draft rules mandating insurance cover for nuclear plants

The draft rules say financial security for nuclear power plants must remain in place until all spent fuel has been removed from the concerned storage pool

India Inc backs PM Modi's I-Day address, vows to boost investment, jobs

Industry shares the prime minister's resolve to build on this momentum and is ready to match it with sustained investment in areas of strategic importance

Amazon's new user agreement seeks to curb class-action suits by shoppers

The e-commerce giant said its updated terms require customers to resolve most disputes through arbitration, while retaining the option to pursue eligible claims in small claims court