Industry News

Year-on-year power demand has risen about 3 per cent, led by AI-driven data centres and GCC clusters in southern and western India, signalling higher peak electricity needs in 2026

Accelerating power demand, revival of long-term PPAs, stronger plant load factors and attractive valuations are triggering a fresh wave of M&A activity across thermal and renewable assets

India's IT services sector is set to touch $315 bn in FY26, with AI revenues of $10-12 bn, modest headcount growth, and ER&D and GCCs driving expansion despite global headwinds

At BS Manthan, Shivraj Singh Chouhan said the Centre has no plan to revive farm laws and is preparing a national and crop-wise roadmap to raise output, ensure fair prices and boost farmer incomes

C Vijayakumar says the $283 billion IT industry faces a difficult AI-led shift, but frontier model firms and services players will drive long-term value creation

The revenue growth in FY26 increased marginally to 6.1 per cent in FY26 from 5.9 per cent in FY25 despite the headwinds, it said

At Business Standard's Manthan summit, ITC Chairman Sanjiv Puri said that consumer-centric growth, stronger R&D investment and deeper AI adoption are essentials for FMCG sector

Ankit Kumar, Founder and CEO of Skye Air Mobility, highlighted the company's progress in drone-based logistics and its new global collaborations

While AI will generate enormous profits, he cautioned that history suggests early pioneers are often displaced

The audience, across two auditoriums at Bharat Mandapam as well as online, have much to look forward to as the third edition of BS Manthan will take the narrative on India's future to a new level

Industry converges at 34th Nasscom Technology & Leadership Forum 2026 beginning today

India Inc's salary growth is projected to ease to 9.1% in 2026, with GCCs and pharma firms leading increases as companies prioritise skill-based rewards, variable pay and talent retention strategies

Firms upbeat as Delhi-Meerut RRTS now fully operational

Slow road awards and execution delays weigh on infra firms in Q3FY26, though FY27 Budget capex push and toll growth offer medium-term support

Planning to outsource GMP audits to agencies certified by QCI; onboard 1,500 experts to review drug applications

Piyush Goyal says the government will fund key compliance costs for small exporters needing EU approvals under CBAM and REACH, as India expands trade deals and targets $2 trn exports

India's rooftop solar installations have crossed 30 lakh households, with MNRE officials stressing the need for digitised DRE data, real-time monitoring

Gurugram has surpassed Mumbai in luxury housing sales for the first time in five years, driven by HNI demand, new micro-markets and major infrastructure upgrades, a new report shows

Jio and Airtel scale up for 100 million homes, with Vi and Starlink joining the race

The court is also seized of a cross-appeal filed by the CCI, assailing the NCLAT ruling to the extent that it allowed WhatsApp and Meta to continue sharing users' data for advertising purposes