Page 31 - Industry News

Dixon-Vivo venture gets govt nod under eased Press Note 3 FDI framework

Approval marks one of the first clearances under the revised Press Note 3 regime, which allows up to 10% non-controlling ownership from land-bordering countries

Labour ministry, ILO to develop skills-based occupational classification

The Labour Ministry and ILO are developing a global skills-based occupation framework to help GCCs map talent, identify skill gaps and strengthen workforce planning

India's e-commerce market to touch $250 bn by 2030 as AI reshapes retail

Shiprocket-Deloitte report says personalised recommendations, smarter fulfilment and rising digital adoption in smaller cities and rural India will fuel the next phase of growth

Mumbai coastal micro-markets eye ₹6,000 cr redevelopment pipeline: JLL

Mumbai's coastal luxury housing pipeline has reached ₹6,000 crore, with new waterfront redevelopment projects set to benefit from major infrastructure upgrades

JNPA partners RSA Global to set up empty container yard near Nhava Sheva

The 62-acre facility, to be developed with UAE-based RSA Global, will improve container turnaround, asset utilisation and operational efficiency at India's largest container port

Nalco, NLC India to build 1,080 MW power plant with ₹12,000 cr investment

The 1,080 MW thermal project in Odisha will supply electricity for Nalco's aluminium smelter expansion while integrating renewable energy and long-term coal supplies

Job scam fears prompt 75% of Indians to ignore work opportunities: Report

Trust crisis in hiring: Survey of 1,161 workers and job seekers found that fear of fraud is changing hiring behaviour, with 14% saying caution caused them to miss genuine opportunities

Rajasthan's RIICO records fivefold jump in industrial plot allotments

RIICO allotted five times more industrial plots in Q1FY27, boosting investment, infrastructure development and employment opportunities across Rajasthan

New Zealand is testing ways to make cows climate-friendly: What it means

New Zealand is turning its cattle farms into a testing ground for technologies that could reduce one of agriculture's biggest climate challenges: methane from livestock

Travel, hospitality majors unveil monsoon plans as summer season ebbs

Hotels and online travel platforms are rolling out seasonal offers and experiential packages as monsoon travel and pilgrimage emerge as key demand drivers beyond the peak summer holiday period

HSBC India unit subleases 130,000 sq ft of office space in Hyderabad

HSBC Electronic Data Processing India has taken over 130,000 sq ft in HITEC City on a 4-year, 7-month sublease at a starting monthly rent of ₹6.41 crore with a 5 per cent annual escalation

Govt to decide next steps after Meta responds on CSEAM issue: IT secretary

The Centre said it will decide its next course of action after examining Meta's response to the notice over alleged child sexual exploitative and abuse material in paid Instagram advertisements

Office leasing slips 2% as housing sales remain steady in H1: Knight Frank

Commercial leasing eased from last year's record high, while residential sales remained among the strongest in a decade as India's property market entered a phase of stabilisation

Mumbai's coastal luxury redevelopment pipeline reaches ₹6,000 crore: JLL

Around 75-80 waterfront redevelopment projects are expected over the next eight to nine quarters as improved connectivity boosts demand for premium homes beyond Mumbai's traditional luxury hubs

Novo Nordisk launches Awiqli, world's first weekly basal insulin, in India

The once-weekly basal insulin for adults with type 1 and type 2 diabetes aims to reduce the number of annual injections from 365 to 52 and address delays in insulin initiation

Dr Reddy's delays semaglutide supplies over active ingredient quality issue

Drugmaker said certain batches of semaglutide failed to meet quality specifications, prompting a delay in commercial supplies, while maintaining there is no impact on patient safety

SAIL CMD Panda warns high taxes, royalty to make iron ore costlier

SAIL warns higher royalties and mining levies could raise iron ore costs, adding pressure on India's expanding steel industry amid decarbonisation challenges

Govt sets Jan schedule for first pact signing of coal-gasification projects

The coal ministry has issued the final RFP under its Rs 37,500 crore coal gasification scheme, targeting the signing of project agreements by January 4, 2027

SC upholds rejection of ₹85 cr insolvency plea against Essar Power Gujarat

The Supreme Court has upheld the rejection of an insolvency plea against Essar Power Gujarat, holding that a genuine pre-existing dispute barred proceedings under the IBC

Dutch prosecutors summon Tata Steel over alleged air pollution offences

Dutch prosecutors will prosecute Tata Steel IJmuiden over alleged environmental offences linked to air pollution, while the company says the allegations are unjustified