Industry News

Banking, other services may be hit with trade unions on strike on Wednesday

On July 9, ten central trade unions will go on strike to protest against the government's failure to conduct the Indian Labour Conference for ten years and the imposition of four controversial labour

No betting on chance in Karnataka govt's real-money gaming playbook

According to the draft, the use of real money, tokens, virtual currency, or electronic funds for online betting or wagering is also prohibited

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

Realty market saw land deals worth ₹31,000 cr in H1 2025: Anarock

Highest-ever land deal figure comes on the back of increased interest in diversified asset classes

Steel ministry defers quality rules on imports amid importer concerns

India's steel ministry has delayed BIS certification rules on steel imports by four months, offering relief to importers facing compliance hurdles and protecting in-transit shipments from disruption

Govt denies Reuters takedown order; Elon Musk's X insists it happened

X says blocking done on government request, while the IT ministry claims no such request was made

FSSAI warns e-comm players against non-compliance with food safety norms

The warning was given at a meeting chaired by the FSSAI CEO G Kamala Vardhana Rao with more than 70 representatives of leading e-commerce platforms

Ventive, Marriott expand partnership to add 6 new hotels in India by 2030

Ventive Hospitality and Marriott International expand their partnership to develop six hotels in India by 2030, adding more than 1,400 rooms across key cities

Premiumisation to drive ARPU growth for all telecom operators in Q1

Analysts expect a sequential increase in Arpu for all telecom operators in Q1 FY26, driven by the ongoing shift from 4G to 5G and higher service usage

UP govt to acquire 13,240 acres for industrial clusters near expressways

Recently, Chief Minister Yogi Adityanath termed expressways the backbone of the state's economic growth and job creation, while pitching UP as a preferred investment destination

Delhi High Court grants interim protection to LNG terminal operators

Court grants interim relief to LNG operators challenging new registration norms under PNGRB's 2025 regulations

Indian real estate set to gain as investment shifts amid UAE visa changes

Capital from entry-level UAE realty market may be redirected to Tier 1 & 2 Indian cities

Luxmi Group, owner of Makaibari, ups branded play with British buyout

Luxmi Group, which owns iconic Makaibari tea estate, has acquired a majority stake in Brew Tea Co, a UK-based retailer, marking a strategic expansion of its branded tea portfolio and global presence

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

KVN Properties, Assetz Group join hands for ₹1,000 crore Bengaluru project

KVN Properties has signed a Development Management Agreement with Assetz Group to develop a premium residential project spanning 1 million square feet in North Bengaluru, with a GDV of ₹1,000 crore

Anti-obesity drug war heats up as Wegovy and Mounjaro boost sales

India's Rs 628-crore anti-obesity market sees heightened competition as Wegovy and Mounjaro post strong sales amid rising obesity and growing doctor awareness

Modi govt plans to invest ₹5,000 cr to develop Northeast waterways: Sonowal

He said that, over the past 11 years, the Ministry of Ports, Shipping and Waterways (MoPSW) has transformed India's maritime sector with record growth in cargo handling, capacity and coastal shipping

HC-ordered expert panel for weight loss drug may be set up by mid-July

A Delhi HC directive to examine unregulated use of weight loss drugs may lead to a CDSCO expert panel by mid-July, possibly led by DCGI with pharma and govt representation

Streaming platforms tap micro dramas, creator-led content to lure audiences

ALTT, Zee, Kuku TV eye mobile-first viewers with vertical video content segment

IIT Madras to launch Rs 200 crore VC Fund, target next-gen unicorns

IIT Madras announces the launch of a Rs 200 crore VC fund to nurture startups and target next-gen unicorns. The fund will focus on Series-A and pre-Series A investments in IITM-incubated companies