Industry News

Soft drink bottlers set for growth; margins under pressure: Crisil

Crisil says soft drink bottlers may see revenue growth return to 15 per cent this financial year, but rising competition and higher crude-linked packaging costs could weigh on margins

Dharavi Sector-6 set for rehab work as DRP seeks residents' support

DRP has asked Sector-6 residents in Dharavi to vacate tenements ahead of monsoon to enable timely rehabilitation construction, offering transit housing, rent support and modern homes

I-T staff unions warn of agitation from April 16 over long-pending demands

Officers from the Indian Revenue Service (IRS) constitute the third association, and they lead the department as heads of various verticals

Clean-energy jobs may grow over 3x to 5.1 million in 4 years: Study

Jobs in the clean-energy sector are projected to reach 905,000, while energy efficiency (EE)-related jobs are expected to surge to 428,700 by 2029-30

Govt should cap product testing charges under quality control order: GTRI

While QCO policy aims to improve product quality and consumer safety, the pace of expansion is putting pressure on testing infrastructure, GTRI said

Birla Estates receives bookings of ₹650 crore at Bengaluru project

Developer sells over 85 per cent of launched inventory in Bengaluru project, with cumulative bookings across phases nearing ₹2,459 crore amid strong demand in Devanahalli

Govt amends pricing norms for low-grade iron ore to boost steel supply

The move is expected to bring low-grade resources into viable use, addressing depletion of high-grade deposits and promoting mineral conservation through scientific mining practices

India's listed hotel chains to add 70,000 keys to sector by 2030: CBRE

India's hospitality sector is set for long-term expansion as strong domestic tourism, rising incomes and premiumisation trends drive hotel chains to add over 70,000 keys by 2030

Discom appetite for vanilla solar has weakened, says MNRE secretary

Santosh Kumar Sarangi outlines focus on transmission upgrades, distributed renewables and offshore wind as India tackles grid stress and stranded green capacity

IMD forecasts 'below-normal' monsoon in 2026 for the first time in 3 years

The forecast, which has a model error of plus or minus 5 per cent, is mainly due to the development of El Niño conditions during the June to September months, the Met department said

Nites approaches labour ministry, seeks Posh compliance audit in TCS

Nites urged the ministry to take "immediate and decisive action" by directing a comprehensive and time-bound audit and inspection

Rajasthan's renewable projects worth 60 GW await transmission links

The western ‌desert state has 179 GW of renewable energy potential, with more than 85% of projects clustered in its four districts of Barmer, Bikaner, Jaisalmer and Jodhpur, the April 10 filing showed

Over 80% phone models sold in India see 15% price rise, say analysts

Successive price hikes, leaner specs, and fewer launches point to a demand slowdown

India lagged on hi-tech factories, but AI tools can boost competitiveness

AI-driven "physical intelligence" is reshaping India's factories, pushing firms beyond labour arbitrage to precision, automation and higher local value addition

Nearly 32,000 PNG consumers give up LPG connections amid govt push

Over 31,700 PNG users have given up LPG connections as the government pushes gas adoption amid supply disruptions; new registrations and gasified connections rise sharply

Cement firms to post strong Q4 volumes, but costs may weigh on margins

Cement companies are likely to report healthy volume growth in Q4 FY26 on strong demand and capex push, but rising fuel and packaging costs may weigh on profitability and margins

Private firms' bond, debenture investments surge sharply in FY25: RBI

During this period, corporate bond issuances increased to ₹9.87 lakh crore in FY25, compared to ₹8.38 lakh crore in the previous fiscal year

Medtech industry split over Centre's move on standard device testing fees

Medtech firms are split over draft norms on standardised testing fees, with some backing transparency and others warning of higher compliance burden for low-risk devices

OMCs say petrol, diesel, LPG supply adequate in Telangana, demand stable

OMCs have prioritised domestic LPG distribution, ensuring uninterrupted and timely delivery of cylinders, an official release said

NBFCs set for healthy Q4 profit growth; funding costs, risks in focus

NBFCs are likely to report healthy Q4FY26 earnings on steady credit demand, though elevated funding costs and geopolitical risks may weigh on margins and asset quality