Page 31 - Industry News

Qcom firms see uptick in demand for ready-to-eat items amid LPG constraints

Quick commerce platforms are witnessing higher demand for ready-to-eat foods as LPG supply issues and labour shifts push urban households towards convenient meal solutions

Odisha seeks nod to divert forest land for Tata Steel iron ore block

The state has sought approval to divert over 216 ha of forest land in Keonjhar for Tata Steel's Gandhalapada iron ore block to support its expansion and captive mining plans

Govt ramps up measures to ensure fuel, LPG supplies amid Hormuz disruption

Govt assures adequate fuel, gas supplies amid Hormuz disruption, urges public to avoid panic buying as refineries run at full capacity

Deloitte South Asia COO dismisses AI job loss fears, pushes for upskilling

Deloitte to hire 50,000 in India, betting on AI-led upskilling over job cuts; plans Quantum CoE as firms grapple with data and cost challenges

Housing sales in Delhi-NCR dip 17% in Jan-Mar amid West Asia war: Report

Real estate consultant Anarock data showed that housing sales in Delhi-NCR stood at 15,985 units during the current January-March period, down 17 per cent

Street stalls in Delhi show cost of India's energy crunch amid Iran war

War-driven fuel shock hits fast in India as urban poor struggle with LPG costs, forcing labourers in tenements to rely on black market cylinders and making home cooking increasingly unaffordable

India's fuel supply remains robust despite West Asia crisis: Suresh Gopi

Gopi, the Minister of State for Petroleum, Natural Gas and Tourism, said, in a Facebook post that the recent panic buying seen in some regions were fueled by "false narratives" and "unnecessary alarm"

India signals shift on e-commerce tariff moratorium, resists US push

Business leaders say an extension is critical to guarantee predictability, fearing duties could be introduced if the agreement lapses

Older iPhones may get pricier as Apple withdraws retail incentives

Withdrawal of demand-generation support may trim discounts on older iPhones, raising effective prices by up to ₹5,000 in India, reports say

Median CEO pay in India stands at ₹10.5 cr for FY26: Deloitte report

Among CXOs, CFOs witnessed the highest compensation increase given the high attrition, focus on capital efficiency, and direct shareholder accountability

KPMG plans to cut jobs in auditing division, up to 440 jobs at risk in UK

Impacted employees were informed that they could be laid off, subject to a redundancy consultation, according to a memo to staff

New $1.2 billion Noida airport set to test India's infra buildout boom

A land rush similar to Jewar has also gripped Navi Mumbai, an edge city across the harbor from India's financial capital Mumbai

Taxiing to take off, Jewar airport likely to drive land value surge

Infrastructure push, industrial growth and relative affordability are expected to drive residential demand and investor interest across Jewar, Noida and Greater Noida markets

IT firms to ramp up acquisitions, may spend up to $7 billion in 2026

Indian IT services firms are expected to increase acquisition spending to up to $7 billion this year, targeting AI, cloud and data capabilities amid a challenging organic growth environment

Luxury travel remains resilient despite ongoing war: Leela Hotels CEO

Luxury travel demand remains resilient despite geopolitical tensions, with travellers shifting to domestic destinations and alternative regions, say hotel industry executives

India e-commerce hit by fuel, logistics strain amid West Asia crisis

Fuel shortages, tighter diesel credit and LPG constraints are disrupting logistics and delaying expansion, squeezing margins as demand shows early signs of softening

Ozempic trademark clash forces DRL to offer rebranding of Olymviq as Olymra

Dr Reddy's told the Delhi High Court it plans to rebrand its diabetes drug amid a trademark dispute with Novo Nordisk over similarity with its drug Ozempic

India's power demand growth to slow to 1% in FY26, lowest in 5 years: ICRA

ICRA expects India's power demand growth to slow to 1 per cent in FY26, the lowest in five years, citing a prolonged monsoon, weak demand and a high base effect

Housing sales dip 7% in Q1 2026 across top cities amid Iran war: Anarock

Sales fell quarter-on-quarter as war-led uncertainty hit sentiment, while new launches outpaced demand, pushing unsold inventory above 600,000 units

Housing sales in Jan-Mar dip 7% due to West Asia conflict: Anarock

Sales increased to 1,01,675 units during the current quarter from 93,280 units in the year-ago period