Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving ₹11,500 crore revenue in FY25. The company's market share was minimal, with six years of sales losses. Panasonic will now concentrate on profitable areas like HVAC, B2B solutions, and home automation.

Cement sector trends: Volume rises 9% in May, average bag price up 8%, industry output seen at 480 MT in FY26
https://timesofindia.indiatimes.com/business/india-business/cement-sector-trends-volume-rises-9-in-may-average-bag-price-up-8-industry-output-seen-at-480-mt-in-fy26/articleshow/122133252.cms

India's cement industry experienced robust growth in May 2025, with volumes increasing by 9% and prices rising by 8%. ICRA projects continued volume growth of 6-7% for FY26, driven by housing and infrastructure demand. Improved operating margins are expected due to price hikes and favorable cost environment, with lower coal and steady diesel prices.

Centre revises Waste-to-Energy guidelines to ease project approvals; slashes red tape
https://timesofindia.indiatimes.com/business/india-business/bioenergy-push-centre-revises-waste-to-energy-guidelines-to-ease-project-approvals-slashes-red-tape-boosts-flexibility/articleshow/122138377.cms

MNRE has revised its Waste-to-Energy Programme guidelines to simplify procedures and enhance transparency. The new framework links financial support to the actual performance of energy plants, disbursing CFA in stages based on operational milestones. These changes aim to benefit MSMEs, streamline inspections, and contribute to India's waste management and net-zero emissions goals.

G7 countries endorse 'side-by-side' system replacing top-up levies; US, UK firms exempted
https://timesofindia.indiatimes.com/business/international-business/global-minimum-tax-g7-endorses-side-by-side-system-replacing-top-up-levies-us-uk-firms-exempted/articleshow/122138937.cms

G7 nations have reached a groundbreaking agreement, exempting US and British multinational corporations from key provisions of the global minimum tax through a new "side-by-side" system. This framework acknowledges existing US tax laws, allowing American firms to be taxed domestically. The move aims to provide stability and certainty in the international tax system, addressing concerns raised by businesses.

Paint industry trends: Fierce competition dent sales; companies eye FY26 revival
https://timesofindia.indiatimes.com/business/india-business/paint-industry-trends-fierce-competition-urban-slowdown-dent-sales-companies-eye-fy26-revival/articleshow/122139831.cms

Indian paint companies like Asian Paints and Berger Paints are facing challenges due to weak urban demand and intense price competition, impacting their profit margins in FY25. Despite these headwinds, they anticipate a modest recovery in FY26, fueled by increased disposable incomes and government initiatives.

Top 10 firms m-cap: Reliance leads Rs 2.34 lakh crore surge; Infosys only laggard as Sensex rises 1,650 points this week
https://timesofindia.indiatimes.com/business/india-business/top-10-firms-m-cap-reliance-leads-rs-2-34-lakh-crore-surge-among-top-firm-infosys-only-laggard-as-sensex-rises-1650-points-this-week/articleshow/122141461.cms

Last week, the market capitalization of nine of India's top-10 most valued companies surged by Rs 2,34,565.53 crore, mirroring the buoyant equity markets. Reliance Industries emerged as the biggest gainer, while Infosys was the only firm to experience a decline in valuation. The benchmark BSE Sensex also saw a significant rise of 2% during the same period.

Indian Railways announces three big steps for train ticketing! New charting, Tatkal ticket booking, reservation system - what they means for passengers
https://timesofindia.indiatimes.com/business/infrastructure/indian-railways-announces-three-big-steps-for-train-ticketing-new-charting-tatkal-ticket-booking-reservation-system-what-they-means-for-passengers/articleshow/122143108.cms

Indian Railways is set to introduce significant changes to its passenger reservation system, aiming to enhance passenger comfort. Key improvements include preparing reservation charts eight hours in advance, implementing verified user-only Tatkal ticket bookings with OTP authentication by July 2025, and launching a new passenger reservation system by December 2025.