Page 14 - Industry News

Gas extraction case: RIL says charges of unjust enrichment misguided

Reliance Industries argued before the Supreme Court that the Centre's allegations of unjust enrichment in the KG basin gas dispute are misplaced

Videocon group founder Venugopal Dhoot moves SC against NCLAT ruling

Videocon founder Venugopal Dhoot has challenged an NCLAT ruling that excluded the group's overseas oil and gas assets from the insolvency process

CCI imposes ₹50 lakh penalty on Manipal group over Aakash deal violations

The Competition Commission of India fined Manipal group entities for implementing parts of the Aakash Educational Services acquisition without prior approval

Odisha risks losing low-cost power after thermal policy amendment

Odisha's move to cut low-cost power entitlement from future private thermal projects has drawn criticism from experts over long-term energy security risks

India's affordable housing sector faces ₹55,000 crore funding gap

Over 450,000 affordable and mid-range homes across 1,500 stalled projects require urgent funding support as capital flows remain concentrated in premium real estate segments

Rajasthan govt installs over 200K rooftop solar plants under PMSG

Aims to double monthly installations by December 2026

UP govt plans nearly ₹600 crore investment to strengthen AI ecosystem

To achieve its objectives, the state is scaling up infrastructure for technologies such as AI, Quantum Computing, and deep-tech innovations

Will fixed-charge reform fix discom losses, or only repackage them?

The CEA wants a new fixed-charge framework to help discoms recover costs, but experts say tariff redesign cannot replace operational and regulatory reforms

India beats APAC peers with highest real estate yields in region: CBRE

India's real estate market is emerging as a preferred investment destination in Asia-Pacific, backed by strong occupier demand, higher yields and rising institutional capital flows

Gadkari calls for JVs with US companies to leverage their new tech

Noting that supply chain is the most important part in logistics, Gadkari said logistics cost in India has come down to single digit helped by rapid expansion of expressways and economic corridors

Rising freight rates amid global tensions hit steel sector: Tata Steel

India's steel industry has remained relatively insulated from global disruptions, due to strong domestic demand and lower dependence on imported finished steel

Cyprus pitches itself as gateway for Indian firms expanding in Europe

Cyprus President said the Mediterranean nation is ready to act as a launchpad for Indian businesses looking to access not only the European Union but also the wider Eastern Mediterranean

Why discoms want higher fixed-cost recovery and what it means for industry

Discoms want higher fixed charges to recover rising power network costs, but this move could raise electricity bills and hurt manufacturing competitiveness for industries

How India's wellness drug market is catching Gen Z in the mirror

From online consults to doorstep drug deliveries, convenience is driving a new quick-fix healthcare mindset among Gen Z, which accounts for nearly 26% of India's population

FMCG sector likely to see 5% volume growth in 2026: Worldpanel by Numerator

Worldpanel by Numerator said FMCG volume growth could approach 5 per cent in 2026 if crude prices stabilise and monsoon conditions remain supportive

Govt defends ₹8,415 crore Yes Bank AT1 bond write down before Supreme Court

Argues in SC that the decision was needed for the bank's survival

Andhra clears 800 acres for RIL's ₹1 trn AI data centre in Vizianagaram

Andhra Pradesh has allotted over 800 acres to Reliance Industries for a Rs 1.08 lakh crore AI data centre project in Vizianagaram with major fiscal incentives

Cybercriminals promoted illegal betting platforms during IPL: CloudSEK

Cyber criminals used AI deepfakes and over 1,200 domains, including compromised government websites, to promote illegal betting platforms during IPL 2026, says CloudSEK

SC refuses to pause KG basin gas dispute as RIL seeks mediation route

Supreme Court of India declines to halt hearings in KG basin gas dispute involving Reliance Industries Limited and the Centre

India's peak power demand hits record 265 GW amid heatwave conditions

The country's peak electricity demand touched a fresh record for the third straight day as severe heatwave conditions continued across several regions