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By Kirti Srinivasan , 14 April 2025
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IHCL's Responsible Development Approach for Palitana Palace Restoration Amid Jain Community Concerns

Indian Hotels Company Limited (IHCL) has announced its commitment to responsible development while restoring the Palitana Palace in Gujarat. The restoration project, part of the Taj brand, will exclusively serve vegetarian Jain cuisine and non-alcoholic beverages, aligning with the sensibilities of the local Jain community. However, some members of the Jain community have expressed concerns that the hotel could lead to more hospitality developments in Palitana, potentially compromising the sanctity of the holy city.

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  • Hotel
By Manbir Sandhu , 14 April 2025
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Positive Hiring Outlook for 2025-26: Shifting Trends and Industry-Specific Growth

A recent report from workforce solutions provider Genius Consultants reveals a positive hiring outlook for the upcoming financial year, with 45% of employers planning to hire for permanent positions. The report highlights a significant shift toward temporary and flexible staffing, including contract-based and gig roles. The industries set to experience the highest recruitment growth include retail, e-commerce, logistics, and automobiles.

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  • Employment
By Gurminder Mangat , 14 April 2025
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Plugzmart Pioneers Indigenous EV Charger Certification, Reducing India's Import Dependency

Indian startup Plugzmart has achieved a major milestone by receiving certification from the Automotive Research Association of India (ARAI) for its electric vehicle (EV) charger designed for heavy vehicles. With its own indigenously developed controller and Power Line Communication (PLC) modules, the company is the first in India to obtain such certification. This development signals a significant step towards reducing the country's reliance on imported EV charging infrastructure, further advancing India's goal of achieving self-sufficiency in the electric vehicle sector.

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  • Automobiles
By Gurminder Mangat , 14 April 2025
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UK Government Moves to Nationalize British Steel Amid Crisis at Scunthorpe Plant

In a rare Saturday sitting, both Houses of the UK Parliament were recalled to discuss emergency legislation aimed at nationalizing British Steel. This legislative action, spearheaded by Prime Minister Keir Starmer, seeks to prevent the closure of blast furnaces at the company’s Scunthorpe plant, owned by the Chinese firm Jingye. With the future of British Steel at risk, the government plans to utilize taxpayer funds to secure the plant’s operations and negotiate a transfer of ownership.

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  • Steel
By Kirti Srinivasan , 14 April 2025
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Lenskart Launches Nationwide Free Lens Replacement Program to Tackle Vision Neglect

Lenskart, a prominent eyewear retailer, has introduced a nationwide initiative to combat vision neglect with a free lens replacement program. This innovative offering, available at over 2,000 stores across India, allows customers to replace their lenses at a minimal charge, regardless of the frame brand. With a focus on accessibility and affordability, Lenskart aims to address a widespread issue in India, where many individuals delay replacing outdated lenses due to cost concerns.

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  • Retail
By Gurminder Mangat , 14 April 2025
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Industrial Slowdown: India’s Factory Output Hits Six-Month Low Amid Sectoral Drag

India’s industrial activity moderated sharply in February 2025, with factory output growing at a subdued pace of 2.9%—the slowest in six months—amid sector-wide deceleration and a high base effect. The Index of Industrial Production (IIP) data, released by the National Statistics Office (NSO), reflects a broad-based softening in manufacturing and mining, while electricity generation remained the only area of modest growth.

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  • Manufacturing
By Manbir Sandhu , 14 April 2025
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TARC Ltd's Record Fiscal Year Signals Confidence in India’s Luxury Real Estate Boom

TARC Ltd, one of India's foremost real estate developers, has posted its highest-ever annual pre-sales of ₹3,722 crore for the financial year 2024–25, more than doubling its performance from the previous year. Despite a marginal 4% dip in fourth-quarter sales to ₹1,235 crore, the company’s long-term trajectory remains robust, driven by unprecedented demand in the luxury residential segment. Strategic launches in Gurugram and Delhi, including the flagship project TARC Ishva, have positioned the developer as a leader in premium urban housing.

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  • Real Estate
By Manbir Sandhu , 14 April 2025
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India’s Renewable Power Pivot: Hydro-Pumped Storage Projects Set the Stage for Energy Independence

In a decisive stride toward long-term energy sustainability, India’s Central Electricity Authority (CEA) has fast-tracked approval for six hydro-pumped storage projects (PSPs), totaling approximately 7.5 GW of capacity, in the fiscal year 2024–25. This momentum is part of a broader plan to approve at least 13 projects totaling 22 GW in 2025–26. These developments signal a significant boost to India’s energy storage infrastructure, supporting grid stability and the country’s aggressive renewable energy ambitions.

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  • Power
By Kirti Srinivasan , 14 April 2025
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Uttar Pradesh Government Launches Empowering Initiative for Rural Women in Solar Energy Sector

The Uttar Pradesh government, under the leadership of Chief Minister Yogi Adityanath, has launched an innovative initiative to empower rural women economically through the State Rural Livelihood Mission. The initiative focuses on the solar energy sector, with a goal to train 10,000 'Paryavaran Sakhis' and create sustainable livelihood opportunities. As part of this initiative, various solar energy projects, including solar product manufacturing and decentralized systems, have been introduced, creating new economic pathways for women entrepreneurs.

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  • Energy
By Gurminder Mangat , 14 April 2025
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Sobha Ltd Sees 22% Increase in Sales Bookings in Q4 of FY2025 Amid Strong Housing Demand

Sobha Ltd, one of India's prominent real estate developers, reported a 22% increase in sales bookings during the fourth quarter of FY2025, reaching Rs 1,835.7 crore, reflecting growing demand for housing. While the company's overall sales bookings for the fiscal year declined slightly to Rs 6,276.5 crore, compared to Rs 6,644.1 crore in FY2024, its performance in Q4 highlights a strong recovery in the housing market.

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  • Real Estate

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