Page 52 - Industry News

Sunteck Realty to develop Mira Road land parcel with ₹1,200 crore GDV

Sunteck Realty will develop a 3.5-acre land parcel in Mira Road with a GDV of Rs 1,200 crore, expanding its footprint in the fast-growing Mumbai micro-market

Govt considers market study to frame Big Tech competition regulations

The government may undertake a market study to establish a solid foundation for ex-ante regulations under draft Digital Competition Bill, said Harsh Malhotra, Minister of State for Corporate Affairs

Global conflicts, US tariffs may affect revenue: Tata Communications CEO

Says spending slowdown may hit plan to have $1 bn revenue from US

Domestic DAP makers take a lesser hit than importers amid price surge

Price of raw materials used by local players has not spiked

From educator to minister, FM Nirmala Sitharaman opens up on her journey

Finance Minister Nirmala Sitharaman, in a candid conversation in Shillong, reflects on her journey in education, personal values, North East development, and governance

Tech Mahindra Q1 profit up 34% at ₹1,140 crore, revenue rises 2.7%

Revenue for the quarter increased 2.7 per cent to ₹13,351 crore, helped by communications and banking financial services and insurance (BFSI) business

Intellect Design eyes ₹1K-cr revenue from its AI platform Purple Fabric

AI-driven Purple Fabric to double annual deals, power BFSI digital growth

GMP, NSQ compliance: MSME pharmaceutical companies seek financial aid

Pharma MSMEs seek Rs 50 crore handholding and extension for GMP compliance under revised Schedule M, citing challenges in adhering to regulatory and quality standards

Suhora, OSK partner to put India on hyperspectral map, tackle key issues

Suhora Technologies has teamed up with Orbital Sidekick to introduce high-resolution hyperspectral satellite services in India, enabling the identification of rare earth minerals, methane leaks, etc

Arkade Developers to acquire Goregaon's Filmistan Studios for Rs 183 crore

Arkade Developers has entered a binding agreement to acquire Filmistan Studios' four-acre land in Goregaon, Mumbai, for Rs 183 crore, where it plans to launch a luxury residential project by 2026

NARCL's stressed asset acquisitions set to cross ₹1.68 trillion

The NARCL has been set up to clean up the legacy stressed assets with an exposure of ₹500 crore and above in the Indian banking system

Chhattisgarh secures ₹1.25 trillion in investments at state industry event

Chhattisgarh received investment proposals of Rs 1.25 lakh crore in various sectors on Tuesday, boosting the cumulative value of such offers to more than Rs 6.75 lakh crore over the past 18 months. The latest investment proposals were finalised in the presence of Chief Minister Vishnu Deo Sai at the 'Industry Dialogue 2' event organised by the state Commerce and Industries Department, an official release stated. These investment proposals for diverse sectors, including information technology, semiconductors, healthcare, green energy and logistics, reflect a strong and growing confidence among investors. "Once known for its forests and mineral resources, Chhattisgarh has now been emerging as a hub of opportunity and innovation, and one of India's fastest-growing industrial hubs. Chhattisgarh is no longer just a land of minerals, but a land of potential. "We are bringing remote regions such as Bastar into the mainstream of development. Investors today are getting stability, security,

Dhunseri to invest ₹2,240 crore to expand plastic film capacity by 2029

Dhunseri Poly Films to add BOPET and BOPP lines in West Bengal and Jammu with ₹2,240 crore investment, targeting total installed capacity of 330,000 tonnes by 2029

Tafe, Agco Corp likely to settle tractor brand battle outside court

With TAFE giving up its board seat in AGCO and both firms in advanced talks, the row over the Massey Ferguson brand in India may be resolved without a legal battle

Over 50% of GCCs in India cite talent retention as top concern: Study

GCCs in India face rising attrition and a shrinking entry-level workforce as mid-senior roles grow, prompting a need for deeper investment in employee engagement

Indian hospitality RevPAR up 16.3% in Q1 as sector adds 9,500 keys: JLL

JLL report shows strong investor interest with 79 hotel signings, tier 2 cities leading the growth, and Bengaluru topping RevPAR charts due to Aero India 2025

CII seeks GST rationalisation, lower import duties for MCE sector

A CII-Kearney report urges changes to GST and import duties to improve cost competitiveness and transform India's MCE sector into a globally competitive industry

Self-defence insurance booms in US, critics call it 'murder insurance'

Self-defence insurance surges in the US, covering shootings, threats, accidents and cleanup; critics label it 'murder insurance' amid concerns over violence and regulation

India-UK FTA: From auto to textiles, India Inc hopes to reap benefits

Medical-device makers apprehensive due to the China factor