Page 12 - Industry News

Hyderabad firm builds over ₹400 crore pharma biz, without a factory

HRV Pharma owns drug master files and customer relationships while outsourcing production to 53 manufacturing partners, aiming to scale without owning factories

AI will sharpen business cycles, increase stressed assets, says Sahoo

Former IBBI chief M S Sahoo said AI will make business cycles more frequent and sharp, increasing stressed assets and adding to the insolvency ecosystem's load

India's $42-billion smartphone market's festival plans look dispirited

India's festive smartphone season may bring fewer discounts as memory shortages and a weaker rupee push prices higher

Jio heads for an IPO and Airtel redraws plans: Who will be the leader?

As Jio heads for a landmark IPO, its decade-long rivalry with Airtel offers clues to the next phase of India's telecom and digital economy

Online beauty marketplaces push for growth with their in-house brands

Beauty marketplaces Nykaa and Tira are accelerating investments in private labels and acquired brands, aiming to boost profitability, plug market gaps and drive long-term growth

Mountain bookings up 76% in June as urban Indians flock to hills: Report

The findings also suggested a growing preference for spontaneous travel, with the 72-hour booking window emerging as the dominant booking pattern

Coal gasification project to strengthen India's energy security: Reddy

The Union minister attended the meeting by physically remaining present at the project site in Lakhanpur in Jharsuguda district

India, South Korea discuss cooperation in digital governance, AI

The discussion came up during a meeting between Republic of Korea Minister of Interior and Safety Yun Hojung and Union Minister of State for Personnel Jitendra Singh

Government bans 16 fixed drug combinations over health safety concerns

Health Ministry prohibits 16 fixed drug combinations, including antibiotic and cosmetic formulations, after an expert review found they lacked therapeutic justification and posed potential health risk

AI-made ads promise cheaper reach, but can brands avoid slop trap?

Disney's AI ad tool could lower video costs for SMEs and regional brands, but Indian marketers warn that scale without human judgement may weaken trust, recall and regulation

Govt asks global internet body, ICANN, to set up root servers in India

The move aims to improve internet resilience and support the needs of one of the world's largest online populations

NHAI launches Rajasthan's first multi-lane free flow tolling system

The barrier-free tolling system at Daulatpura on NH-48 uses ANPR and FASTag technologies to enable seamless travel and reduce waiting time for commuters

CDSCO prohibits clinical trials at KKR-backed HCG cancer hospital

Drug regulator alleges irregularities in reporting adverse events and conflict-of-interest disclosures by the unit's ethics committee during human clinical trials

FSSAI issues notices to 14 firms for 'misleading' claims, branding

The food regulator has issued notices to more than a dozen companies over alleged misleading claims, branding and labelling violations, and hygiene-related complaints

PM Modi to launch development projects worth ₹47,600 crore in Odisha

The Prime Minister will inaugurate and lay foundation stones for projects spanning energy, roads, irrigation, health, education and industrial infrastructure

Industry seeks policy push to boost structural steel use in construction

Industry executives have called for regulatory reforms, revised building codes and skill development to boost structural steel use as urbanisation gathers pace

OMCs incur ₹22,000 crore LPG under-recoveries amid West Asia crisis

Higher global LPG prices and limited pass-through to household consumers have resulted in Rs 22,000 crore of under-recoveries for oil marketing companies since March

India's beauty products market projected to reach USD 39 bn by 2030: Report

India's beauty market is set to touch $39 billion by 2030, powered by Gen Z shoppers, non-metro demand and the rise of hyperlocal beauty needs

India initiates anti-dumping probe against Chinese, Japanese chemical

India has launched an anti-dumping probe into Resorcinol imports from China and Japan following allegations of injury to domestic producers

Alembic Pharma gets tentative approval from USFDA for generic cancer drug

The company received tentative approval for its generic version of Binimetinib tablets, a treatment used for certain types of cancer