Page 11 - Industry News

Maharashtra FDA orders tighter regulation of infant foods across the state

Order mandates FSSAI licences and BIS marks, tightens labelling and promotion rules, and bars advertising, discounts and benefits to health workers across Maharashtra.

SaaS poster boy Mathrubootham turns producer with Sarpatta Parambarai 2

Freshworks founder Girish Mathrubootham is set to produce Pa. Ranjith's Sarpatta Parambarai 2, marking his entry into Tamil film production after stepping down as chairman

M&E industry urges MIB to restore release of BARC audience ratings

JioStar's Kevin Vaz says absence of credible audience data is creating uncertainty for broadcasters, advertisers and agencies during the crucial festive season

Government likely to extend RoDTEP scheme for exporters: Official

The government is expected to extend the duty refund scheme - Remission of Duties and Taxes on Exported Products (RoDTEP) - for exporters, an official said on Tuesday.

CAG flags ₹1,662 cr DMF spend outside norms, mining-affected areas

Audit finds ₹983.32 crore spent in villages not affected by mining and ₹679.14 crore sanctioned for projects outside the permissible PMKKKY framework

As smartphone prices rise, how retailers plan to keep festive deals alive

Smartphone prices have risen sharply this year, forcing retailers to balance thinner margins, cautious inventory and consumer demand for the deep festive deals they have come to expect

CIL, HURL sign pact to explore syngas-based urea production in Jharkhand

The development assumes significance in the wake of the Centre's push to promote coal gasification and reduce dependence on imported natural gas and other feedstocks for fertiliser production

Apraava Energy acquires Raigad transmission project SPV in Maharashtra

The project will involve 400 circuit kilometres of transmission lines and a pooling station, enabling reliable supply to pumped storage plants and evacuation of 3 GW of power

Tata leadership transition, IPO unlikely to impact ratings: S&P Global

Tata Trusts have proposed a restructuring that could help Tata Sons avoid a listing after the central bank rejected the company's request to ‌surrender its status as a large non-bank finance company

Delhi HC quashes FSSAI order barring Red Bull from using energy drink label

India ordered makers of high-caffeine beverages sold as 'energy drinks' to stop using the description, rejecting efforts to stall the move in a market expected to be worth $1.6 billion by 2028

Flipkart gears up for festive season with massive supply-chain expansion

Logistics arm Ekart adds 14 million cubic feet of storage and 900 delivery hubs to push same-day shipping into remote regions

Irdai's insurance reforms: What may change for industry, insurers, buyers

Irdai wants insurance prices and product details to be visible without sharing phone or email; its wider reforms could affect insurers, distributors and how customers buy policies

Red Bull challenges FSSAI for prohibiting use of 'energy drink' label

The move has triggered a standoff, as Pepsi, Red Bull, ​Monster Beverage and Mukesh Ambani's Reliance fear removing the category label could damage brands built around instant-energy claims

US exempts India, 19 other nations from 100% tariff on speciality drugs

The zero-tariff exemption covers drugs for rare diseases, infertility treatments, cell and gene therapies, and other speciality medicines and their components

Jio-bp, Nayara cap diesel sales as industrial buyers seek cheaper fuel

Public sector fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) too are likely to impose quantity restrictions

New Fema trade rules: More flexibility and greater bank oversight

Goods invoiced or settled in INR get 12 months for realisation, against the nine-month period.

Rajasthan agri department looks at AI to boost farm productivity

Rajasthan Agriculture Department is exploring AI and data analytics to improve crop monitoring, weather advisories, pest detection, yield forecasting and farmer services

Ola Electric board approves ₹1,000 crore fundraise via rights issue

The move comes weeks after the company approved plans to mobilise up to ₹1,500 crore

Nalco to supply 50,000 tonnes of molten aluminium a year to Angul park

The Angul Aluminium Park offers downstream manufacturers access to molten metal from Nalco's smelter, along with industrial infrastructure and utilities.

FM Sitharaman to launch ₹1 trn Rayalaseema horticulture hub this Friday

The three-year plan envisages ₹40,352 crore in public investment and about ₹60,000 crore from the private sector across 201 clusters in 10 districts.