Page 13 - Industry News

Sun Pharma to launch semaglutide in Brazil with Hypera Pharma soon

Sun Pharma will launch the once-weekly diabetes treatment through Hypera Pharma as generic competition intensifies in Brazil's $413 million semaglutide market

Bengaluru restaurants threaten Swiggy, Zomato boycott: What's the dispute?

Bengaluru's restaurant bodies have flagged concerns over commissions, discounts, ad fees and payout deductions, saying the charges are squeezing margins and hurting profitability

100-octane premium petrol sales double amid E20 vehicle damage concerns

Demand for 100-octane petrol has surged, particularly in Delhi, as social media claims over E20-related vehicle damage prompt more motorists to switch fuels

India shifts methanol imports to China amid West Asia conflict: Crisil

Report says supply disruptions and soaring prices prompted India to diversify sourcing away from the Middle East while boosting imports from China

Odisha's women powering MSME boom with eightfold rise in enterprises

Women-led MSMEs are surging in Odisha, with registrations rising eightfold in six years as policy support helps first-generation entrepreneurs create jobs

MHI extends rare earth magnet manufacturing tender deadline for third time

Heavy Industries Ministry extends bid deadline to August 12 under the Rs 7,280-crore scheme to encourage domestic rare earth permanent magnet manufacturing

Power discoms await revival as structural reform delays persist in India

Power discoms posted a Rs 2,701 crore profit in FY25, but heavy subsidy dependence, weak tariffs and persistent operational gaps continue to threaten a durable revival

Services output growth cools in May as postal, broadcasting contract

NSO's trial services index shows fewer sectors posting double-digit growth, though accommodation, banking and retail continue to lead the expansion

No address yet for Tata Power's Odisha nuclear plant as site awaits nod

Government evaluating proposals amid plans to expand India's nuclear capacity to 100 Gw by 2047

Scindia announces India's first Telecom Manufacturing Zone in Gwalior

Centre and Madhya Pradesh to sign an MoU for the Phase-I project as India looks to strengthen telecom manufacturing and accelerate 6G ambitions

Parliamentary panel urges Centre to assess washed coal export potential

Committee also recommends a time-bound roadmap to modernise coal washeries and adopt advanced beneficiation technologies to improve coal quality

Just 10 Indians command nearly a fifth of ₹104 trn wealth: 360 One report

Joint report by 360 One and Crisil Intelligence identifies 3,040 Indians with wealth of at least ₹425 crore, with entrepreneurs dominating the list

MHI holds pre-bid meeting for final 10 GWh ACC battery PLI allocation

Final tranche under the ₹18,100-crore PLI scheme is reserved for grid-scale energy storage systems to support renewable energy integration

Adventz joins West Bengal investment advent with ₹1,700 crore push

Adventz Group will invest ₹1,700 crore in West Bengal for a wagon plant and logistics park while expanding into defence, AI, renewables and real estate

Indian manufacturers back AI for growth but lag on innovation: PwC report

Report says Indian manufacturers are more optimistic about AI than global peers but warns weak innovation and poor technology integration could hurt long-term competitiveness

Regulatory hurdles eclipse tariff worries for pharma CXOs: Deloitte survey

Industry seeks AI-based submission tools and unified digital portals to accelerate approvals and compliance tracking

Led by iPhones, India sees highest Q1 smartphone exports by value

Based on April-June 2026 data, smartphone exports grew by 23.4 per cent, hitting $9.84 billion compared to $7.97 billion during the same period last year

Only 9% of corporates say fresh graduates are Day-1 ready: Report

HirePro study finds a wide gap between corporate and student perceptions on job readiness, with most firms saying graduates need structured training before contributing

Indian corporates to clock 9 pc aggregate revenue in FY27: Fitch

Fitch, however, said that some corporates could be vulnerable to a re-escalation of hostilities between the US and Iran, which could push up oil prices

AI data centres to add 26.3 GW to India's power demand by FY32: Govt

The estimate is nearly double the government's previous projection made in March, when the power ministry said electricity demand from data centres could reach 13.56 GW by FY32.