Page 147 - Industry News

Bosch to axe 13,000 jobs in Germany as Tesla, BYD gain; Trump tariffs bite

Bosch said the cuts were necessary due to weak demand, rising costs and intensifying competition in the global auto market

Carbon-free data centres to create jobs, boost green energy: Minister

As per NSEFI, carbon-free data centres are those that are powered by or use renewable energy generation sources like solar, wind and energy storage to meet all their energy requirements

India plans to ease foreign investment rules to boost e-commerce exports

India is set to ease foreign investment rules for e-commerce exports, allowing firms like Amazon to buy directly from Indian sellers and sell products overseas, boosting trade potential

Trump's tariff threat spotlights US factory plans of pharma firms

Merck & Co., Novo Nordisk A/S and Eli Lilly & Co. are among firms that have started US builds since 2023, with construction sites in Delaware, North Carolina and Texas

Taiwan seeks bigger tech presence in India, says trade body chief Huang

India's smartphone exports to the US rose nearly 40% to $8.43 billion in the first five months of FY26, benefiting from tariff exemptions and strong demand for Apple iPhones

PM Modi to launch BSNL's indigenous 4G network on Sept 27 across 98K sites

The India-made network is cloud-based, future-ready and can upgrade seamlessly to 5G, Telecom Minister Jyotiraditya Scindia said

Festival season e-commerce sales jump higher as GST cuts boost demand

E-commerce major Amazon reported over 380 million customer visits in the first two days of its festival sale, marking its biggest-ever seasonal start, with over 70% traffic coming from outside metros

20% PC penetration offers vast opportunity for innovation: HP India MD

Noting that PCs play a crucial role in education, skill development, and employment, she said, given these underlying drivers, the opportunity is immense.

Quick commerce firms roll out festive incentives for delivery partners

Blinkit, Zepto, and Instamart plan higher payouts and bonuses during Navratri to retain riders and expand fleets amid peak festive demand

Flying off the shelves: Duty-free liquor sales at Indian airports rise 13%

Global drinks firms are banking on India's rising disposable incomes and Gen Z travellers' premium tastes to power growth of duty-free liquor sales in coming years

Commercial tribunals' case backlog ties up 7.5% of India's GDP: Study

Report flags vacancies, procedural gaps, independence issues at commercial tribunals

Time spent watching Snapchat content doubles in India in two years

Snapchat doubles user engagement in two years, with rising Snap Stars and Spotlight content making India a global hub for creator-led storytelling

At UP trade show, PM speaks of strong, time-tested India-Russia ties

At the UP International Trade Show, PM Modi underlined strong India-Russia ties, spoke of defence production, GST savings, and urged people to embrace swadeshi self-reliance

India's logistics cost pegged at 7.97% of GDP, says DPIIT report

The report said estimates derived for the previous five years show that the pace of growth in the logistics cost is gradually slowing down

Fssai launches dedicated licensing window for Ayurveda Aahara products

The initiative introduces a 'Kind of Business' (KoB) framework specifically for Ayurveda Aahara

BP sees global oil demand peaking at 103 million barrels per day by 2030

BP's annual energy outlook revises oil demand peak to 2030 at 103 mn bpd, citing India and emerging Asia as drivers even as renewables gain share in global energy mix

Demand for GenAI smartphones rings louder: Counterpoint Research data

Shipments climb from 3% to 13% but the signal weak compared to 30% worldwide

Durga Puja 2025: Corporate sponsorship up across West Bengal's 45K pandals

Corporate sponsorship for Durga Puja is buoyant in Kolkata with brands returning strongly, though retail sales show mixed trends across malls, shopping hubs and markets

India may attract $100 bn investments in green hydrogen by 2030: Joshi

India targets 5 MTPA green hydrogen by 2030, eyeing $100 bn investment and 600,000 jobs, as renewables surge and the nation aims to be a global hydrogen hub

Lenders ask Vedanta, Adani to revise Jaiprakash bids, detail funding plans

Lenders have asked Vedanta, Adani and other suitors for Jaiprakash Associates to submit revised bids and prove funding strength amid debt and asset viability concerns