Page 10 - Industry News

Centre auctions 10 critical and strategic mineral blocks in seventh tranche

India auctioned 10 critical mineral blocks in the seventh tranche, expanding domestic supply efforts for rare earths and strategic minerals across new states

AI won't replace companies like Infosys: Chairman Nandan Nilekani

Nandan Nilekani says Infosys' role in the AI era is helping enterprises bridge the gap between AI investments and real business outcomes

CCI clears Honda's proposal to acquire additional 21% stake in Astemo

CCI approves Honda's plan to raise its stake in Astemo to 61%, strengthening control over the auto components maker in a strategic consolidation move

Improve speed of doing business, says CII's president R Mukundan

CII has asked the govt to implement reform measures across sectors to boost "speed of doing business" as the industry is bothered about bottlenecks in multi-modal infra and high power costs, he said

Phoenix Kothari plans $1 billion investment in Tamil Nadu over 5 years

Footwear major to start production for Adidas at Karur from July 10

India's critical mineral recycling capacity commitments triple target

Recycling commitments under the Rs 1,500-crore incentive scheme reach 850 kilotonnes against a 270-kilotonne target as India accelerates critical mineral plans

National developers expand footprint in Delhi-NCR housing market

Share of national developers in Delhi-NCR's residential supply has risen from 3 per cent in 2022 to over 13 per cent, driven by premium housing demand and infrastructure growth

Govt dismisses claims on ethanol-blended petrol as misleading, baseless

Petroleum ministry says social media posts on ethanol-blended fuel are misleading and reiterates that higher blending levels follow stringent testing and evaluation

Govt extends Section 11 directions for Tata Power's Mundra plant till Sept

Ministry of Power extends validity of directions for the 4,150 MW Gujarat-based thermal plant by three months to ensure adequate electricity supply

Govt to sell up to 2% stake in IRFC through an offer for sale starting Wed

Government launches IRFC OFS to sell up to 2% stake, aiming to boost disinvestment proceeds and increase public shareholding in the railway financier

How ethanol blending and El Nino threaten to alter India's sugar trade

As El Nino threatens cane output and more sugar is diverted to ethanol, India may have less sugar available for exports, raising questions over domestic supplies, fuel targets and export earnings

Beyond incentives: How states are competing for manufacturing investment

As states compete to attract manufacturers, experts say infrastructure, talent, logistics and sustainability are becoming as important as incentives

From chats to commerce: Why India is WhatsApp's most important market

With hundreds of millions of users, millions of businesses and a rapidly growing digital economy, India has become the most important market for WhatsApp

Govt 'proactively monitoring' Telegram over concerns about illegal content

The Indian government said in the report it is concerned about Telegram's privacy features, which allow users to interact without needing to reveal a phone number, making identity detection difficult

India Inc gives thumbs up to GST; seeks faster refunds: Deloitte Survey

Deloitte India's GST@9 survey called for the next phase of reform to move beyond digitalisation to an AI-driven compliance and data-led dispute reduction

Govt to share rocket technology to hasten development of local space firms

The move is designed to bolster production of Indian rockets as the country seeks to become a hub for small satellite launches

Drape revival: Sari brands find fresh folds of growth in a crowded market

New-age players lean on design, storytelling, and direct consumer engagement

India's share in ship recycling rose to 35.4% in 2025: Shipping ministry

India emerged as the world's leading ship recycling nation in 2025, aided by policy reforms, yard modernisation and measures to strengthen the domestic ecosystem

Corporate honchos on the radar of cyber criminals; I4C warns of 'Boss Scam'

The hackers unload their malware onto the devices used by the senior corporate leaders in the form of a compressed ZIP archive containing an executable program

UP eyes 9% of India's data centre capacity with ₹4.9 trn investment

Uttar Pradesh aims to attract ₹4.9 trillion in investments and emerge as a major data centre hub, backed by AI-focused, green digital infrastructure