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 25 Jun 2026 02:58 PM   EconomicTimes

IndiaMART doubles down on AI to curb fake listings, improve buyer interaction

In a bold move, IndiaMART is ramping up its AI-related budget, with plans to double its expenditure biannually. This funding will be directed towards eradicating fake listings and improving content verification. The platform is employing advanced AI techniques for identifying fraudulent accounts while incorporating voice-to-text tools to refine buyer interactions. This initiative underscores its commitment to maintaining marketplace integrity and combatting counterfeit goods.

 25 Jun 2026 02:53 PM   EconomicTimes

Waka Waka! Indian consumer giants seek to roar louder in Africa

Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a young population and underpenetrated markets, beverages, hair care, and personal care sectors are showing robust growth. Companies, such as GCPL, VBL, Dabur India and Marico are prioritizing local manufacturing and distribution, viewing Africa as a crucial long-term growth engine despite currency volatility and retail fragmentation.

 25 Jun 2026 02:47 PM   EconomicTimes

A Rs 20 lakh crore plan could shake up the Delhi-NCR property market

Delhi-NCR's property market faces affordability challenges, prompting the ambitious NCR Regional Plan 2041. This plan aims to reshape the region by investing over Rs 20 lakh crore, creating new cities, and formalizing land. It envisions a multi-nodal urban model, moving away from Delhi-centric growth, and aims to connect major cities within 30 minutes via high-speed transit.

 25 Jun 2026 02:35 PM   EconomicTimes

Sunsol mulls over 2 GW solar deployment through 5k projects in India by 2030

Global consultancy Sunkonnect's platform, Sunsol Cleantech, aims to deploy over two gigawatts of solar capacity in India by 2030. This initiative will support 5,000 projects, including rooftop and utility-scale installations, significantly contributing to India's ambitious 280 GW solar target. Sunsol's efforts are crucial for enhancing the nation's energy security, affordability, and sustainability, building on Sunkonnect's extensive experience in renewable energy.

 25 Jun 2026 02:08 PM   EconomicTimes

Jonnagiri gold mine to boost domestic production, advance 'Made in India' ecosystem, says Lloyds chief

India's gold import dependence is set to decrease with the inauguration of the Rs 405-crore Jonnagiri gold mine in Andhra Pradesh. This marks the nation's first commercial-scale private gold mining operation since Independence, aiming to produce up to 1,000 kg of refined gold annually. The project, a joint venture, is expected to boost the 'Made in India' refined gold value chain and foster regional economic growth.

 25 Jun 2026 01:57 PM   EconomicTimes

Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030

Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to over $21 billion. This significant commitment, announced after CEO Andy Jassy met Prime Minister Modi, aims to bolster AWS data centers and provide advanced AI technologies to businesses and government. The move underscores India's growing importance in the global AI landscape and Amazon's long-term vision for the country.

 25 Jun 2026 01:31 PM   EconomicTimes

Alpha Wave sells entire 1.9% stake in Delhivery; stock falls over 2%

Global investment firm Alpha Wave Global has divested its entire 1.93% stake in logistics giant Delhivery for Rs 665 crore. This significant exit saw the firm offload over 1.44 crore shares. In related news, venture capital firm Nexus Venture Partners also sold a substantial stake in Delhivery, while Mirae Asset Venture Investments reduced its holding in logistics firm Shadowfax Technologies.

 25 Jun 2026 01:30 PM   EconomicTimes

Tata Motors bullish on CV demand as India growth can outweigh Iran war impact in long term

Tata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & CEO Wagh remains optimistic, citing India's strong macro-economic growth as a long-term driver for increased road freight and commercial vehicle demand. He also highlighted government initiatives like electrification incentives as positive factors for the industry's future.

 25 Jun 2026 01:30 PM   EconomicTimes

Tata Motors CEO says India growth story will outweigh West Asia war impact on CV demand in long term

Tata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & CEO Wagh remains optimistic, citing India's strong macro-economic growth as a long-term driver for increased road freight and commercial vehicle demand. He also highlighted government initiatives like electrification incentives as positive factors for the industry's future.

 25 Jun 2026 01:21 PM   EconomicTimes

Centre approves Rs 530 cr for intelligent transport system in Chennai

Chennai is set to revolutionize its traffic management with a Rs 500 crore intelligent transport system. Funded by a loan from Japan, the project will enhance efficiency and handle growing demands. Key features include advanced traffic control at numerous junctions, incident detection, and real-time information systems. The Greater Chennai Corporation anticipates full operation by August 2026, promising a smoother commute for residents.

 25 Jun 2026 01:02 PM   EconomicTimes

Affordable housing finance firms likely to regain growth in FY27, but macro risks loom: Kotak

Affordable housing finance companies are poised for a growth rebound from FY27, according to Kotak Institutional Securities. After a subdued period due to lending slowdowns and competition, industry trends are already showing improvement. Disbursement growth accelerated in the latter half of FY26, with managements expressing optimism. While healthy growth is expected in early FY27, macroeconomic factors like monsoon, inflation, and interest rates will shape the latter half of the year.

 25 Jun 2026 12:38 PM   EconomicTimes

India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: Report

India's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housing, vehicle, and gold loans are set to expand significantly, with technology and data-driven approaches reshaping credit delivery. Experts highlight low credit penetration and rapid digital adoption as key drivers for this robust expansion, presenting compelling opportunities within the financial services landscape.

 25 Jun 2026 12:37 PM   EconomicTimes

India may approve $370 million Chinese-linked auto investment, first in nearly a decade

India is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geely and France's Renault. This move, one of the largest Chinese-linked manufacturing investments in years, will see advanced hybrid powertrains built in India, potentially at Renault's Chennai plant. The investment aligns with India's recent policy shifts to boost local manufacturing and highlights the growing demand for hybrid vehicles.

 25 Jun 2026 12:37 PM   EconomicTimes

Lithium Urban bags investment from JSW Green Mobility, co eyes 3-fold growth in 2 years

Lithium Urban Technologies, backed by Eversource Capital, has secured a strategic investment from JSW Green Mobility to fuel a three-fold growth over the next two years. This move aims to boost the company's expansion in response to surging demand for sustainable, tech-driven mobility solutions.

 25 Jun 2026 12:30 PM   EconomicTimes

India realty investment defies global volatility; institutional inflows rise 23% in H1

India's real estate investment surged 23% to $4.33 billion in H1 2026, driven by robust domestic capital. Despite global headwinds, 54 deals marked a record half-year. Domestic players funded 64% of investments, offsetting a foreign capital dip. The office sector led with $2.3 billion, attracting significant domestic interest due to strong occupier demand and attractive yields. Experts anticipate foreign inflows to rise as uncertainties ease.

 25 Jun 2026 12:29 PM   EconomicTimes

Authorities issue notice to tenants in Gurugram's DLF Phases 1 to 5 to vacate by June 30

Hundreds of tenants in Gurugram's DLF phases face eviction by June 30 as authorities crack down on illegal commercial use of residential plots. Notices have been posted, warning that PGs, guest houses, hotels, and hostels operating on these plots will be sealed. Occupants are urged to verify the legality of their accommodations and make alternative arrangements to avoid hardship.

 25 Jun 2026 12:01 PM   EconomicTimes

Suzlon crosses 1 GW in cumulative orders with Tata Power after new 400 MW EPC contract

Suzlon Energy has bagged a significant 400 MW wind energy EPC contract from Tata Power Renewable Energy Limited (TPREL). This latest deal, to be executed in Andhra Pradesh, pushes their combined order book past 1 GW. Suzlon will supply 127 advanced wind turbine generators and provide comprehensive project services, marking their fourth collaboration with TPREL and bolstering Suzlon's presence in Andhra Pradesh.