Page 32 - Industry News

Rising competition, premium valuations likely to cap gains in Meesho

Meesho's asset-light value-commerce model, Valmo logistics network and growth potential are strengths, but rising competition and premium valuations pose risks

Tata Steel, Dutch govt extend joint letter of intent for decarbonisation

The five-month extension gives Tata Steel and Dutch authorities more time to address outstanding issues and work towards an integrated health and decarbonisation project

Creche course: Training gaps, low wages pose hurdles for childcare industry

Industry experts say India suffers from a shortage of workers as well as a dearth of skilled professionals

Infra projects see cost overrun of ₹2.88 trillion in August: Mospi

Infrastructure projects across 17 central ministries/departments were monitored, and it was found that the total revised cost was Rs 33,60,069 cr compared to their original cost of Rs 30,71,947 cr

Ather to restart dealership expansion in Nov-Dec, has 100 LOIs: CBO

Ather plans to resume dealership expansion as its new Maharashtra plant starts production, with total monthly capacity set to rise to about 77,000 scooters

EDF discusses EPR nuclear reactor deployment in India with power ministry

French energy major EDF discussed EPR reactor deployment and building a local supply chain as India moves ahead with regulatory reforms in the nuclear power sector

Trai launches platform to rate properties on digital connectivity

Digital rating of buildings is crucial as 70-80 per cent of mobile data consumption takes place indoors; platform will help consumers make buying and leasing decisions

Freight costs, shipment delays weigh on consumer durable manufacturers

Prices could rise after Diwali as freight costs more than double and shipment delays stretch beyond 15 days, though manufacturers have enough stock for the festive season

NCLT clears Sesa Care-Dabur India merger, paving way for integration

The tribunal's approval clears a key step in the transaction announced in October 2024, with Dabur looking to expand Sesa Care using its distribution network

Power ministry weighs mandatory imported coal blending as stocks dwindle

Coal stocks at thermal power stations fell to 22.9 million tonnes on September 19, providing seven days of fuel cover, while 74 plants had critically low inventories

Indian GCCs turn to AI upskilling, reskilling in bid to be 'future-proof'

As the AI wave builds up, GCCs would need to mould their workforce, with many bottom-level jobs being automated

Vodafone Idea launches free international roaming for up to 3 trips a year

The benefit is available on select prepaid, postpaid and enterprise plans, with varying international data quotas and outgoing minutes, the company said

Govt approves voluntary retirement of LIC Managing Director Dinesh Pant

Pant, who was appointed Whole-time Member (Actuary) of Irdai in June 2026, ceased to be LIC's managing director and key managerial personnel from September 24

Mumbai ranks 8th globally as prime home prices up 6.2% in Q2: Knight Frank

Mumbai ranked eighth in Knight Frank's Prime Global Cities Index in Q2 2026, with prime residential prices rising 6.2 per cent year-on-year.

Signature Global plans 194-acre luxury farmhouse project in Gurugram West

The project has about 6.77 million sq ft of developable potential and an estimated gross development value of ₹5,500-6,000 crore, marking its entry into the segment

Smartphone shipments drive India's electronics exports to $26.66 billion

Electronics exports rose to $26.66 billion in the first five months of FY27, with smartphones contributing nearly 60 per cent and PCB shipments surging sharply

India moves up on global travel & tourism index to 31st place, Japan on top

Japan is followed by the US, Spain, Australia and France in the top five positions on the World Economic Forum index developed in collaboration with Zurich Insurance Group

Tata dispute sends India Inc scrambling to shore up shareholder rights

Tata's governance clash is raising the alarm among Indian companies about how far a board can go to overrule a majority shareholder

Embassy Reit gets ₹1,000 crore bank financing after RBI rule change

Trust becomes first Reit to access funding from a commercial bank after RBI allowed direct financing to Reits in June 2026

Loneliness, ageing population driving senior living arrangement demand

India's 60-plus population is set to rise to 347 mn by 2050 from 149 mn in 2022, driving demand for senior communities that combine housing, healthcare and wellness as social isolation rises