Page 103 - Industry News

Not planning blanket cancellation of stuck RE projects, says govt

As of September-end, the Renewable Energy Implementing Agencies (REIAs) have issued Letters of Award (LoAs) for 43,942 megawatt capacity where PSAs with end procurers remain unsigned

Low steel prices put ₹9 trillion expansion plan at risk: Steel secy

India's steel sector faces stress as five-year low prices force 150 small producers to close, threatening Rs 9-lakh-crore expansion plans despite strong demand and green steel prospects

Wheels of industry slow down, await workhorses from Bihar Assembly polls

With 30-60% of Bihar's migrant workforce on leave for Chhath and polls, industries from Tamil Nadu to Punjab face production slowdowns and labour shortages across key sectors

SC clarifies order allowing AGR dues re-examination to apply only to Vi

Supreme Court clarifies that its order allowing the Centre to re-examine AGR dues up to FY17 is limited to Vodafone Idea, ending ambiguity on inclusion of other telecom firms

Workflows to building trust: What AI is doing in newsrooms across the world

Digital news workflows, transcription, saving reader's time, building trust (yes!) and reaching new audiences are among the many things that AI is now being used for in newsrooms across the world

India asks RE agencies to secure buyers for stranded power projects

According to the document, the ministry has directed REIAs to sign agreements directly with the developer, bypassing the buyer-side agreement, or, alternatively, cancel the tenders as a last resort

NCLAT quashes CCI's WhatsApp-Meta data ban, upholds ₹213 crore penalty

The tribunal said CCI's five-year ban on WhatsApp data sharing with Meta was unwarranted but upheld the Rs 213 crore penalty, ruling no abuse of dominance in the messaging market

Hyundai launches facelifted Venue, strengthens compact SUV portfolio

Hyundai Motor India unveiled the facelifted Venue and Venue N Line, adding more features and variants as it banks on compact SUVs to power the next phase of its growth in India

Europe winter travel costs for Indians drop up to 40%, says Cox and Kings

Europe remains a top pick for Indian travellers, and this winter brings extra cheer - package prices, airfares have fallen by up to 40% between November and February, according to Cox and Kings

Producers concerned about India's import curbs on met coke: JSW Steel CEO

In June, the government extended the curbs, introducing country-specific quotas and capping overseas purchases at 1.4 million tons between July 1 and December 31

India's clean-industry pipeline hampered by financing, other delays: Report

Some projects in India have already lined up buyers for clean energy and partial funding, but are still waiting for clear rules, permits and access to power transmission

Coromandel International MD S Sankarasubramanian named new Chairman of FAI

Coromandel International's Managing Director and CEO S Sankarasubramanian, has been elected Chairman of the Fertiliser Association of India, with Siba Prasad Mohanty as Co-Chairman

Century Real Estate to launch ₹3,000 cr mixed-use project in East Bengaluru

Spread across a 14-acre land parcel, the project, will feature 1.7 million square feet of premium residential development

India may cancel stalled green power projects struggling to find clients

While the move could free up grid capacity struggling to keep up with India's rapid renewable rollout, it would be a major setback for the green ambitions of the world's third-highest emitter

Women's first World Cup victory to boost brand value of key players

Industry experts call the victory nostalgic, reminding Indian cricket fans of the Kapil Dev-led team lifting India's maiden 1983 Men's World Cup trophy in England

Supreme Court allows govt to offer relief on all Vodafone Idea dues

The modified order is a sign of relief for the financially stressed telco, in which the government holds around 49 per cent stake

Two-wheeled war hero rides into sunshine: Norton's legacy finds new life

This was a brand that seemed destined to stay on the big stage - before taking a tumble as demand and funds dried up

India flexes to top of APAC's flex office league as GCC demand surges

Mid-tier global firms setting up GCCs for first time power the surge in flexible workspace demand

NFRA rolls out audit toolkit to aid small and medium practitioners

NFRA said that the development and document of audit strategy has to be commensurate with the risk profile of the auditee entity

Quick commerce players slash platform, delivery fees to attract customers

Notably, the platform fee is an amount companies charge for operations like running and maintaining their applications, while the delivery fee goes to delivery partners