Page 11 - Industry News

Jewellery retailers expect 22-28% growth in Q2 despite festive shift

Kalyan Jewellers, P N Gadgil, Titan and PC Jeweller reported double-digit growth in the September quarter, driven by healthy demand

OMCs bar sugar-based ethanol in 2026-27 tender, cuts maize incentive

The move comes amid concerns over domestic sugar availability and rising prices after poor rainfall in key sugar-producing states, including Maharashtra and Karnataka

FMCGs grapple with cost inflation in Q2, brace for margin pressure in H2

Rising palm oil, sugar and packaging costs are squeezing profitability, with companies weighing post-Diwali price increases against the risk of hurting demand

India's occupied office stock grows 7% to 918 mn sq ft: Knight Frank

Bengaluru retained its lead with 227.9 million sq ft of occupied space, while Pune crossed the 100 million sq ft milestone

FSSAI issues notices to Nestle, HUL over misleading food product claims

The claim 'healthy Muscles' was found to be in contravention of the provisions governing the use of the term "healthy" in food claims

Centre finalises 30% trade margin cap for 137 non-scheduled cancer drugs

New prices set to come into effect from November 9, 2026; state drug controllers to monitor implementation

FSSAI proposes curbs on added sugar in infant food, pesticide limits in tea

The food regulator seeks to minimise exposure to added sugars during the early stages of life and proposes limits on residues of two pesticides in tea

Maha FDA names Blinkit's Dhindsa, Reliance officials in expired food probe

In the case of a Zomato Hyperpure warehouse, a company representative named a contractor as its disposal agency which FDA officials could not trace, according to the documents

FSSAI proposes banning addition of fructose, sucrose in baby food products

The objective is to strengthen nutritional safeguards for infants, according to a statement from Ministry of Health and Family Welfare

FSSAI acts against Priyagold maker for cattle bran in biscuits, 5 others

The regulator has initiated prosecution against Surya Food and Agro, Dodla Dairy and Ueir Organic Foods, while issuing notices to three other operators over food safety and hygiene violations

As campus placements near, old IITs see rising demand for AI talent

Companies are looking to recruit graduates with AI, data and analytics skills as the placement season at IITs begins on December 1, even as some employers remain cautious about fresher hiring

Bengal Durga Puja business booms for big organisers, smaller committees lag

Advertising rates at prominent pujas rose at least 20% with the spread of LED displays, while around 30% of outdoor ad slots at smaller celebrations remained vacant amid tighter brand spending

Satcom row: Starlink says India infra has govt approvals, ready for launch

Musk-led Starlink says it has built dedicated infrastructure with requisite govt approvals after Reliance Industries welcomed satcom competition but stressed that all operators must comply with laws

National electricity data sharing norms to be launched soon: Power secy

The proposed framework aims to unify fragmented electricity datasets through a standardised digital architecture, enabling secure data access and wider AI adoption in the power sector

Climate, floods, war: Why sweets are getting costlier this festival season

The main culprit behind this cost escalation are rising prices of sugar and milk that go into making the sweets that are devoured during Diwali and Durga Puja

Tata Steel commissions ₹9,067 crore facilities at Kalinganagar plant

The new facilities include galvanising and annealing lines, a slurry pipeline and an air separation unit, while the NINL expansion aims to boost steelmaking capacity in Odisha.

Satcom row: Reliance welcomes competition, says Indian laws apply to all

Reliance Industries welcomed competition from Elon Musk's Starlink in India's satellite communications market but stressed that all operators must comply with Indian laws.

India yet to integrate environment with development planning: Nitin Desai

TERI's Nitin Desai says environmental concerns have limited influence over development policies, while experts flag climate finance challenges and weakening global cooperation.

Humble feni's second coming: Can Goans turn it into the next tequila?

Feni has started making inroads into foreign markets. Several brands are being exported to the UK, Canada, Australia, Taiwan and Japan

IGX receives regulator's approval for LNG capacity booking platform

The platform will allow LNG terminal operators to list unused regasification capacity and enable buyers to book available slots, improving transparency and infrastructure utilisation