Page 122 - Industry News

Health care sector welcomes Bill that taxes pan masala production

Industry says earmarking funds for public health at par with national security will help channel revenue for public health infra

Indian OTT players may feel the heat as Netflix-Warner Bros deal nears

Netflix's planned acquisition of Warner Bros., including its film and television studios, HBO Max and HBO, could intensify competition for India's broadcaster-led and regional streaming platforms

No new coal power capacity beyond 2035, says power ministry secretary

India this year proposed increasing its coal power capacity by 46% from the current 210 GW while doubling its non-fossil fuel capacity of 500 GW by 2030

Corteva ramps up biologicals push in India amid rising climate pressures

The company sees India as a critical market for biologicals, given the government support for natural farming and gene-editing technologies, Corteva president, Asia-Pacific said

Centre denies issuing advisory to halt new clean energy financing

The clean energy ministry's letter rattled solar manufacturers in the country, with many raising concerns that the move could choke financing for the entire sector

Multiplex Association of India flags concerns over Netflix-Warner Bros deal

On Friday, Netflix said it has struck a deal with Warner Bros Discovery to buy the legacy Hollywood giant's studio and streaming business for $72 billion

India's EPC sector to create over 25 million jobs by 2030: Report

The 'EPC Sector Market Outlook 2025 Study' is based on a quantitative methodology, with hiring demand derived from 2,27,000 job postings from July 2024 to August 2025 across leading job portals

India cautions lenders on financing new solar module units amid oversupply

Several Indian companies have expanded solar module capacity over the past three years, targeting exports to the United States

RBI's 25-bps repo rate cut may revive housing demand as EMIs ease

The rate cut comes at a time when housing sales across the top Indian cities are moderating, with affordability concerns being one of the key factors behind the plateauing

RBI to maintain ample banking liquidity without targeting surplus levels

Net liquidity in the banking system was in a surplus of ₹2.6 trillion on Thursday, latest RBI data showed

Tata Semiconductor, Cyient, Applied Materials bag SCL modernisation tender

Applied Materials has emerged as the successful bidder for supply and implementation of the manufacturing execution systems software along with the equipment automation

Quick commerce drives 45% of festival purchases this year: Report

The top three platforms, Blinkit (45 per cent share), Swiggy Instamart (25 per cent share) and Zepto (23 per cent), together have about 90 per cent market share

Simone Tata: The pioneer who built India's first beauty brand

Simone Tata, the woman who built Lakme into India's first homegrown beauty brand and later shaped Trent and Westside, leaves behind a legacy that transformed fashion and retail

Inside India's new wedding wonderland: Couples reinvent the big day

From wine-reading stations to Interstellar sangeets, couples are reimagining their big day to make it personalised, immersive

Foreign firms' remote services not taxable in India without presence: HC

The ruling came while dismissing appeals filed by the Income Tax Department, which had challenged the Income Tax Appellate Tribunal's decision in favour of a Singapore-based legal services firm

Saudi Arabia cuts crude rates as India buys more oil from the US, Russia

Saudi Arabia is offering more competitive rates amid widening discounts of $5-7 per barrel offered on Russian Urals barrels and a surge in purchases of US crude oil by India

Patient bodies seek Russia-like funding for rare diseases treatment

A leading rare disease group urges India to adopt a Russia-style dedicated fund and tax-based model to ensure sustained treatment support beyond the current ₹50-lakh cap

IndiGo CEO apologises for flight chaos, says ops to stabilise by mid-Dec

IndiGo CEO Pieter Elbers apologised for the unprecedented cancellations and said disruptions should ease from Saturday, with full operational stability expected between December 10 and 15

LS clears bill to impose cess on pan masala units for health, security

The proposed Health and National Security Cess, which will be over and above the GST, will be levied on the production capacity of machines in pan masala manufacturing factories

IndiGo apologises for disruptions, offers refunds and full waiver to flyers

In an official statement, IndiGo acknowledged the inconvenience caused to passengers and expressed regret over the situation