Industry News

AI boosts productivity, not triggering mass layoffs: ICRIER-OpenAI report

According to the study conducted by ICRIER, and supported by OpenAI, evidence from firms suggests AI is amplifying output and elevating skilled experts, and not triggering mass lay-offs

SC asks FSSAI to respond on proposal for front-of-pack food labelling

Front-of-Pack (FoP) labelling is a simplified, evidence-based nutrition-labelling system placed on the front of food packages to help consumers make quick, informed and healthier purchasing decisions

FM calls for tech share, differentiated treatment for low emissions nations

The finance minister stressed that India had increased its commitment towards climate action, increasing its budget allocation from 3.7 per cent of GDP six years ago to nearly 5.6 per cent of GDP now

GRSE commences production of two coastal research vessels for GSI

GRSE is at present building 12 warships of various classes for the Indian Navy, the statement said

Budget 2026 to boost infra, industry growth in Maharashtra: Piyush Goyal

Union Minister Piyush Goyal pointed out that the budget focuses on the MSME and manufacturing sectors through credit guarantee schemes, renewable energy use and expansion of cloud services

SC remarks may catalyse strengthening of Rera, real estate industry

Experts said it is likely to push regulators toward stricter oversight, faster adjudication and more uniform application of rules, thereby raising compliance standards across the board

Infosys declares 85% average Q3 bonus for employees after strong results

Improved variable pay for December quarter follows steady revenue momentum and deal wins, lifting employee sentiment even as technology stocks face pressure over automation concerns

SC remarks may catalyse strengthening of Rera, real estate industry

Supreme Court's sharp remarks on Rera shift focus to weak enforcement, putting pressure on regulators and non-compliant developers while favouring credible players

Uttar Pradesh govt's pharma investment kitty hits ₹38,000 crore

India's pharma market is estimated to touch $120 billion by 2030 while Uttar Pradesh accounts for roughly 17 percent of domestic sales

Delhi gears up for packed screenings of India-Pakistan T20 WC clash

Several multiplex chains and cafes have lined up special screenings, according to listings on the District app, as brands seek to convert cricket fever into footfall

Telecom spectrum can't be treated as asset under IBC: Supreme Court

Court holds spectrum is a material resource of the community and cannot form part of insolvency asset pool; DoT free to reclaim airwaves from defaulters

₹70 lakh for 10 seconds: India-Pak clash sends ad rates over the ropes

According to media buyers, this single fixture routinely draws the tournament's highest viewership and advertising intensity

Google, Jio, AWS, Microsoft, Nokia, and others form Trusted Tech Alliance

Fifteen global firms launch cross-border tech alliance at Munich Security Conference to back transparency, security and data protection across digital stack

Happiest Minds to double hiring in AI business amid skill shortages

Mid-tier IT firm Happiest Minds plans to double its AI and GenAI workforce to over 1,000 by next fiscal, investing more to address skill gaps that are leading to lost revenue

Anti spam regulation: 'Trai examining telco responses on penalties'

Regulator reviewing show-cause replies on anti-spam violations; timeline for Digital Consent Acquisition platform to be finalised within a month

Ecom, gifting companies unwrap 60% growth ahead of Valentine's Day

Demand for premium products, faster deliveries and aggressive promotions help platforms

NPCI Int'l inks pact with PayNet Malaysia to enable UPI, DuitNow acceptance

NPCI International ties up with Malaysia's PayNet to enable UPI-DuitNow QR cross-border merchant payments for travellers in both countries

MUFG will not need RBI approval to acquire 20% in Shriram Finance

Shriram Finance says RBI has confirmed Japan's MUFG Bank does not require prior approval for proposed 20% stake acquisition

After TDB, BIRAC announces first call for proposals under RDI fund

Biotechnology-focused fund manager invites startup applications under Rs 1 lakh crore Research, Development and Innovation Fund

Aluminium prices drop to one-week low on report Trump may ease tariffs

Aluminium hits one-week low on reports US may ease tariffs, while copper, zinc and nickel fall amid profit-taking and risk-off sentiment ahead of Lunar New Year