Page 6 - Industry News

MIB forms high-level Study Group to boost Indian film industry and cinemas

The Prasoon Joshi-led panel will recommend measures to strengthen film production, distribution, financing and technology, while supporting the expansion of cinema infrastructure

Delhi's power demand touches record 8,748 MW, crosses last year's peak

The capital's peak electricity demand surpassed last year's record as power distribution companies met rising summer demand through long-term contracts and market purchases

Tata Power discoms hit by ₹271 crore Odisha govt electricity dues

Tata Power has written to the Odisha chief secretary seeking clearance of dues, warning that unpaid bills are adding to borrowing costs and financial strain

Govt plans ₹5K cr scheme in 3 months to promote green tech in steel sector

The scheme will cover all steelmakers in the country. However, a major share of the funds will be earmarked for secondary players

Serentica Renewables to invest ₹1 trillion in Rajasthan renewable projects

KKR-backed Serentica Renewables plans to invest Rs 1 trillion in Rajasthan as it expands its solar and battery storage portfolio to support industrial decarbonisation

Rajasthan govt fast-tracks green building code with EV, renewable focus

Draft code mandates rooftop renewables and EV-ready parking for large commercial buildings as Rajasthan speeds up green construction norms with incentives and penalties

Oberoi Realty to invest ₹6,000 cr to build first Delhi-NCR housing project

The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers

Is India's data centre boom keeping pace with disaster preparedness?

The Tata data centre fire has shifted the focus from building capacity to ensuring resilience as India's digital infrastructure scales up

Govt rolls out improvement notice mechanism to boost ease of doing business

The government has introduced an improvement notice mechanism under the Legal Metrology Act, allowing businesses to fix first-time procedural lapses before facing penal action

Fix first-time lapses, face action later: Centre eases metrology rules

The change has been effected through the Jan Vishwas (Amendment of Provisions) Act, 2026, as part of the government's Ease of Doing Business (EoDB) agenda

Housing sales down 6% in Apr-Jun in top 7 cities, avg price up 7%: Anarock

As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata

Amazon's rapid delivery push wipes out $15 billion from Eternal, Swiggy

Aggressive expansion by Amazon and Flipkart, coupled with Zepto's IPO plans, is intensifying competition in India's fast-growing quick-commerce market and putting pressure on established players

Puravankara aims ₹1,000 cr revenue from 6.4 acre Bengaluru housing project

In a regulatory filing on Monday, the company said it has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru

Dubai's Danube Group targets nearly $4 billion launches in FY27

Danube recently launched Greenz by Danube, a townhouse and villa project, where the first phase, with a top-line potential of around $1.3 billion, has received a strong response

FMCG firms stall price hikes as lower oil prices support volume growth

Consumer goods companies are delaying planned price hikes as easing crude oil prices reduce input cost pressures, helping them protect volume growth amid a fragile demand recovery

GLP-1 rush exposes capacity crunch at India's drug manufacturing firms

Demand for GLP-1 drugs such as semaglutide is exposing capacity gaps across peptide APIs, sterile fill-finish facilities, injector devices and glass cartridges

Govt plans easing licence timelines for moderate, high-risk medical devices

Draft amendments to the Medical Device Rules seek to reduce manufacturing licence timelines for Class B, C and D devices to improve regulatory efficiency and ease of doing business

Stakeholders to meet commerce ministry on June 30 over SEZ issues

The discussions will focus on harmonising export promotion schemes, improving ease of doing business and advancing reforms aimed at strengthening the performance of Special Economic Zones

Tiruppur clocks record ₹46,000 cr exports in FY26, eyes ₹1 trn by 2030

India's knitwear hub achieved record exports despite tariff and geopolitical uncertainties, with the industry betting on MMF products and FTAs to drive future growth

CertIn warns against malware campaign spreading through WhatsApp web

The Indian Computer Emergency Response Team has warned WhatsApp web and desktop users to be cautious of any attachments, even if they come from a friend, colleague or family member