Business

India’s micro, small and medium enterprises (MSMEs), the backbone of the nation’s employment and manufacturing sector, are grappling with a regulatory ecosystem that is becoming increasingly burdensome, a recent comprehensive report has revealed. According to the study conducted by TeamLease RegTech, MSMEs in India are subject to over 1,000 complex regulations with an annual compliance…

Gujarat Pipavav Port Ltd (APM Terminals Pipavav), one of India’s leading gateway ports on the west coast, reported its Q1FY25 business update on Tuesday, revealing stable container volumes while registering a strong growth in Ro-Ro (roll-on/roll-off) cargo traffic. The results reflect resilience in operational performance despite global shipping headwinds and uneven demand patterns across trade…

In a major boost to India’s hospitality sector, global hotel chain Marriott International has signed a strategic agreement with Ventive Hospitality to develop over 1,500 hotel rooms across key Indian cities at an investment of approximately Rs 3,200 crore. The announcement reflects strong optimism in India’s travel, tourism, and business events market, which has been…

Real estate major Omaxe has announced the acquisition of a massive 450-acre land parcel in Indore, Madhya Pradesh, to develop an integrated township project with an estimated investment of ₹1,200 crore. This strategic move marks one of the largest land acquisitions in Central India’s real estate sector in recent years, underscoring Indore’s rising status as…

Syrma SGS Technology, a leading electronic manufacturing services (EMS) and PCB maker, has announced plans to set up India’s largest printed circuit board (PCB) manufacturing facility in Andhra Pradesh with a total investment outlay of Rs 1,800 crore. The proposed unit is expected to significantly strengthen India’s electronics supply chain and reduce import dependence in…