Page 49 - Industry News
Indian refiners begin talks for cargo via Hormuz, await shipping cos' nod
Indian oil companies are expected to prioritise LPG supplies from the region as refiners await shipping firms' approval to resume cargo movement through the Strait of Hormuz
 "Indian refiners begin talks for cargo via Hormuz, await shipping cos' nod")
IPM growth at 10.5% marks 5-qtr high on steady pricing, volume recovery
Indian pharma market's growth was led more by price increases that an uptick in consumption
 "IPM growth at 10.5% marks 5-qtr high on steady pricing, volume recovery")
Women's credit expands, but entry of new borrowers slows: NITI report
Lending to women continues to grow, but share of first-time borrowers declines in microfinance, even as retail credit sees rising participation
 "Women's credit expands, but entry of new borrowers slows: NITI report")
LPG imports in April, May a concern owing to shipping woes, availability
Shipping is the biggest obstacle for India in source fuels
 "LPG imports in April, May a concern owing to shipping woes, availability")
Trai seeks views on satellite network-as-a-service, spectrum norms
Regulator seeks stakeholder inputs on spectrum assignment, charges and D2D services under satellite network-as-a-service model
 "Trai seeks views on satellite network-as-a-service, spectrum norms")
Odisha rolls out 36 projects worth Rs 40,811 crore to boost industry
Odisha launches 36 industrial projects worth Rs 40,811 crore across sectors, expected to create over 59,000 jobs and boost manufacturing and infrastructure
 "Odisha rolls out 36 projects worth Rs 40,811 crore to boost industry")
ISA seeks logistics roadmap as India targets 300 mtpa steel capacity
Steel industry body seeks logistics roadmap, incentives and raw material linkages as Odisha targets 100 mtpa capacity within India's 300 mtpa goal
 "ISA seeks logistics roadmap as India targets 300 mtpa steel capacity")
Brand Concepts brings Off-White to India, targets $10 million in 5 years
Fashion retail platform Brand Concepts secures master franchise for Milan-based luxury streetwear brand
 "Brand Concepts brings Off-White to India, targets $10 million in 5 years")
India adds record 55.29 GW non-fossil capacity in FY26: Pralhad Joshi
Joshi also said India ranks third globally in renewable energy installed capacity, according to the Renewable Energy Statistics 2026
 "India adds record 55.29 GW non-fossil capacity in FY26: Pralhad Joshi")
Inclusion gaps in infrastructure, tech weigh on labour force: Report
Workforce participation among persons with disabilities remains much lower than the broader population at about 36 per cent, says report
 "Inclusion gaps in infrastructure, tech weigh on labour force: Report")
Cabinet approves ₹79,459 crore investment in HPCL Rajasthan refinery
Cabinet approves revised Rs 79,459 crore cost for HPCL Rajasthan refinery, boosting petrochemical output and supporting energy security and import substitution
 "Cabinet approves ₹79,459 crore investment in HPCL Rajasthan refinery")
Stable repo rate to sustain housing demand, office leasing momentum
Industry stakeholders say stable borrowing costs will sustain homebuyer confidence, support demand across residential and commercial segments, and provide predictability amid economic uncertainty
 "Stable repo rate to sustain housing demand, office leasing momentum")
US-Iran ceasefire set to ease pressure on India's energy supplies
The US and Iran have agreed to a conditional two-week ceasefire that included the opening of Strait of Hormuz for shipping
 "US-Iran ceasefire set to ease pressure on India's energy supplies")
Hilton, Royal Orchid tie up to open 125 'Hampton by Hilton' hotels by 2035
Hampton by Hilton is the company's largest brand by number of hotels in the upper-mid scale segment globally
 "Hilton, Royal Orchid tie up to open 125 'Hampton by Hilton' hotels by 2035")
India's finished steel consumption rises 7% to 164 MT in 2025-26
India's finished steel consumption rose 7 per cent to 164 million tonnes in 2025-26, supported by strong demand from infrastructure, construction and manufacturing sectors
 "India's finished steel consumption rises 7% to 164 MT in 2025-26")
India's private debt market surges, venture, growth credit hit $3bn: Report
Sector-wise, fintech accounted for the largest share of capital deployment at over $600 million, while consumer-focused startups led in deal volume (60)
 "India's private debt market surges, venture, growth credit hit $3bn: Report")
US-Iran ceasefire, Hormuz reopening to ease shipping disruptions: FIEO
The ceasefire announcement is important as the West Asia region is a key export destination for Indian exporters
 "US-Iran ceasefire, Hormuz reopening to ease shipping disruptions: FIEO")
Prestige Estates FY26 pre-sales rise 76% to hit record ₹30,024 crore
The company's pre-sales or sales bookings stood at a record ₹30,024 crore in the 2025-26 fiscal, up 76 per cent from the preceding year
 "Prestige Estates FY26 pre-sales rise 76% to hit record ₹30,024 crore")
AI investment hits $800 billion, India emerges as key applications hub
SenseAI report shows capital concentrating in mega-rounds, with Indian startups scaling AI applications rapidly and reaching revenue early as value shifts to the application layer
 "AI investment hits $800 billion, India emerges as key applications hub")
AI investment hits $800 billion, India emerges as key applications hub
SenseAI report shows capital concentrating in mega-rounds, with Indian startups scaling AI applications rapidly and reaching revenue early as value shifts to the application layer
 "AI investment hits $800 billion, India emerges as key applications hub")