Page 60 - Industry News
Women remain under-represented at India Inc: Prime Database study
Women form 23% of employees in listed firms but only 5% of CEOs or MDs, highlighting a steep drop in representation as one moves up the corporate hierarchy
 "Women remain under-represented at India Inc: Prime Database study")
GIC Re withdraws marine cargo war cover for facultative contracts
State-owned reinsurer GIC Re withdraws marine cargo war cover for facultative reinsurance contracts in several high-risk maritime zones amid rising tensions near the Strait of Hormuz
 "GIC Re withdraws marine cargo war cover for facultative contracts")
Karnataka scraps liquor price control structure, adopts alcohol-based tax
Karnataka will end liquor price control and adopt an alcohol-in-beverage-based tax from April 2026, with reforms aimed at transparency, compliance ease and boosting excise revenue
 "Karnataka scraps liquor price control structure, adopts alcohol-based tax")
War shadow dims Brand Dubai's glitter amid rising West Asia tensions
With $250 billion property deals in 2025, property market may continue to show resilience
 "War shadow dims Brand Dubai's glitter amid rising West Asia tensions")
India-NZ T20 World Cup final play means business for eateries, pubs
Restaurants and pubs expect higher footfall as India faces New Zealand in the ICC Men's T20 World Cup final, while hotel bookings in Ahmedabad surge and room rates edge up
 "India-NZ T20 World Cup final play means business for eateries, pubs")
Netflix to open Hyderabad hub for high-end VFX, post-production on Mar 12
Netflix will open its Hyderabad hub on March 12, featuring high-value post-production, VFX and virtual production capabilities, strengthening the city's position in the AVGC sector
 "Netflix to open Hyderabad hub for high-end VFX, post-production on Mar 12")
PSBs, insurers seek higher sum assured for social security schemes
PSBs and insurers have urged the finance ministry to raise the sum assured under PMJJBY and PMSBY, citing inflation and household vulnerabilities, as India targets "Insurance for All by 2047"
 "PSBs, insurers seek higher sum assured for social security schemes")
Women buying homes priced above ₹90 lakh jumps to 61%, says Anarock
Share of women seeking homes priced above Rs 90 lakh rose to 61 per cent in 2025 from 25 per cent in 2019, signalling stronger participation in India's high-value property market
 "Women buying homes priced above ₹90 lakh jumps to 61%, says Anarock")
FMCG sales growth moderates to 7.8% in December quarter amid GST revamp
The moderation reflects a combination of a higher festive base in the previous year and transitional adjustments linked to GST 2.0 rate revisions,
 "FMCG sales growth moderates to 7.8% in December quarter amid GST revamp")
Centre asks refiners to maximise LPG output amid West Asia conflict
The Centre has directed refiners to maximise LPG production and ensure supplies go only to state-run retailers for domestic use as tensions in West Asia threaten global energy flows
 "Centre asks refiners to maximise LPG output amid West Asia conflict")
Women startup founders get just ₹4 for every ₹100 raised by men: Report
Kalaari Capital report highlights stark gender gap in India's startup funding, with women founders receiving just ₹4 for every ₹100 raised by male counterparts
 "Women startup founders get just ₹4 for every ₹100 raised by men: Report")
US beauty major Estee Lauder to acquire Ayurveda brand Forest Essentials
Forest Essentials headquarters to remain in Delhi; founder Mira Kulkarni to continue leading it
 "US beauty major Estee Lauder to acquire Ayurveda brand Forest Essentials")
West Asia crisis triggers severe LNG, LPG supply shock for Indian firms
LNG tenders fail, tankers stranded, storage at 30%; naphtha back in the mix
 "West Asia crisis triggers severe LNG, LPG supply shock for Indian firms")
Urban-rural FMCG growth gap narrows in December quarter, says NIQ
Rural FMCG demand continued to outpace urban markets for the eighth quarter, but the gap narrowed as metro consumption improved and GST-related adjustments softened overall growth
 "Urban-rural FMCG growth gap narrows in December quarter, says NIQ")
Indian gas firms may cut industrial supply if Qatar halt persists
QatarEnergy has halted production of liquefied natural gas (LNG) amid attacks on its facilities as tensions rise in West Asia
 "Indian gas firms may cut industrial supply if Qatar halt persists")
An AI summit afterglow: February's demand spike boosts hospitality sector
The spillover wasn't limited to the northern region. Executives ended up staying in Mumbai and Bengaluru hotels in several instances, travelling to and from Delhi for the event
 "An AI summit afterglow: February's demand spike boosts hospitality sector")
Temple town realty's new calling: Premium housing takes centre stage
Pilgrim footfall and investor demand spur gated, mixed-use projects
 "Temple town realty's new calling: Premium housing takes centre stage")
Subdued power demand pulls down spot electricity prices by 18% in Feb
Weak demand and higher renewable generation dragged February spot power prices lower, even as electricity trade volumes jumped to a five-year high, reflecting strong market liquidity
 "Subdued power demand pulls down spot electricity prices by 18% in Feb")
Govt says BIS norms for data centres, cloud and AI will boost uniformity
Centre says new voluntary BIS standards for data centres, cloud systems and AI ethics will help prevent low-quality imports, align India with global norms
 "Govt says BIS norms for data centres, cloud and AI will boost uniformity")
Nearly 25% of internet users in India faced cyberthreats in 2025: Report
Internet users in India, on average, encountered approximately 1,30,209 web threats per day during the year, Kaspersky said in a statement
 "Nearly 25% of internet users in India faced cyberthreats in 2025: Report")