New Delhi, July 2 (IANS) India’s industrial and logistics sector sustained its momentum in 2026, with absorption reaching 34.8 million square feet in the first half this year, marking a 2.4 per cent year-on-year growth, a report said on Thursday.The report from Savills India said demand was primarily driven by manufacturing (30 per cent) and third-party logistics (23 per cent) occupiers.Sustained demand traction was also recorded from FMCG and FMCD (18 per cent), and e-commerce (10 per cent) s…
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New Delhi, June 30 (IANS) India recorded its highest-ever monthly private equity (PE) and venture capital (VC) fundraises in May amid geopolitical uncertainties, according to a report released on Tuesday.The report from EY-IVCA showed that total fundraising surged to a record $11.3 billion across 10 funds during the month, up from $646 million raised across six funds in April and $3 billion across 12 funds in May last year.The largest fundraiser during the month raised $10.5 billion, including a…
New Delhi, June 26 (IANS) The domestic grocery market could reach about $992 billion by FY30, while roughly 91 per cent of purchases still continue to flow through stores (kiranas), leaving a large untapped digital opportunity in the country, a report said on Friday.The report from Redseer highlighted that over 150 million Bharat households are expected to account for more than $1 trillion in annual consumption by FY30, with groceries their largest spending category, and that e‑commerce today …
New Delhi, June 25 (IANS) Prime Minister Narendra Modi on Thursday welcomed Amazon’s record $48 billion investment in India, saying that this investment will create new opportunities for youth in the country.Amazon has announced a total investment of $48 billion to expand and support its businesses in India from 2026 to 2030, after its CEO, Andy Jassy, met PM Modi in the national capital.“A great meeting with Mr. Andy Jassy. I welcome Amazon’s record $48 billion investment in India. This will …
New Delhi, June 25 (IANS) US e-commerce giant Amazon on Thursday announced to invest a total of $48 billion to expand and support its businesses in India from 2026-2030, as its CEO Andy Jassy met Prime Minister Narendra Modi here.Jassy reiterated Amazon’s long-term commitment to India and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in the country by 2030.This takes Amazon’s total planned investment in expanding and supporting AI and cloud infrastruct…
New Delhi, June 22 (IANS) Pakistan recorded more than 5 million cyberattacks during the first three quarters of 2025 as the country’s rapidly expanding digital economy and growing reliance on online banking, mobile payments and e-commerce outpaced cybersecurity awareness and digital safety practices, according to a report.A report by Maldives Insight highlighted that with smartphones increasingly serving as banking platforms, payment tools and repositories of personal information, Pakistan has w…
Mumbai, June 21 (IANS) Tata Motors on Sunday announced that it has secured more than 3,400 orders for electric commercial vehicles (eCVs) across segments, signalling growing adoption of electric mobility solutions in India’s freight and passenger transportation sectors.The orders include around 2,000 small commercial vehicles (SCVs) and pick-ups, nearly 900 trucks and about 500 buses.These vehicles will be deployed across a wide range of applications, including e-commerce, logistics, FMCG and FM…
New Delhi, June 10 (IANS) India’s general flexi staffing industry posted 7.9 per cent net headcount growth in FY26, a report said on Wednesday.According to an analysis by the flexi-staffing industry body, the Indian Staffing Federation (ISF), the sector added 1.18 lakh formal temporary and flexible workers in FY 2026, bringing the total formal flexi workforce to 1.91 million.The IT staffing returned to green with 10.1 per cent year‑on‑year new employment growth, the report said. “Despite…
Mumbai, June 8 (IANS) India’s industrial and warehousing real estate market recorded gross absorption of 18.3 million square feet in the first quarter of 2026, with manufacturing accounting for 28 per cent of total activity, a report said on Monday.The sector maintained strong momentum in the first quarter (January-March), with total cumulative stock reaching 514 million sq ft across eight major cities, according to data released by JLL. The market is firmly positioned to reach approximately 8…
New Delhi, June 1 (IANS) The Delhi High Court has granted an ex parte ad-interim injunction in favour of Bollywood actor Varun Dhawan, restraining multiple entities from unauthorised commercial exploitation of his name, image, voice and other personality attributes, including through artificial intelligence (AI) tools and deepfake technologies. A single-judge Bench of Justice Jyoti Singh passed the interim order in a commercial suit filed by the actor against several defendants, including online…