Page 15 - Industry News

Bharat Taxi will not let drivers earn below base rate: Amit Shah

Shah said the cooperative ride-hailing platform would return 80 per cent of profits to drivers based on kilometres driven, with the remaining 20 per cent retained as cooperative capital

Amazon opens 12-storey office in Bengaluru, company's 2nd largest in Asia

Amazon inaugurates a 1.1 million sq ft, 12-storey campus in Bengaluru, its second-largest in Asia, supporting 7,000 employees and reinforcing its long-term India investment plans

India Inc salary hike projected at 9.1% in 2026, skill-based pay leads: EY

An EY India report said that GCCs are expected to record the highest salary growth at 10.4%, driven by sustained global demand and investments in specialised digital skills

Gurugram beats Mumbai in luxury home sale in 2025; 1,494 units sold: Report

In value terms, the sales increased to Rs 24,120 crore last year from Rs 13,384 crore in 2024

FMCG makers looks volume-based growth in FY27 with Ebitda improvements

FMCG majors pivot to volume-led growth in FY'27 as easing inflation, stable commodities and improving consumer sentiment strengthen margins and demand

Uday Kotak selected for special jury award by EY India

9 finalists for EOY Award named

Pre-construction, built-to-suit projects gain momentum in office leasing

Large integrated campuses developed by leading players such as DLF, Brookfield, Embassy, Bagmane, K. Raheja Corp, and Sattva are operating at near-full occupancy

Delhi-Meerut RRTS now fully open; travel time cut to under an hour: PM Modi

Modi inaugurated the fully operational Delhi-Meerut RRTS and Meerut Metro, enabling under-one-hour travel and integrating multiple transit systems across NCR in a major mobility upgrade

India's drugmakers show fewer side effects under harsher USFDA scrutiny

USFDA data show OAI rates for Indian pharma plants falling to 8% by 2025 even as global outcomes worsen, reflecting stronger quality systems, technology adoption and compliance culture

US SC ruling on Trump's tariffs: A China worry for India's iPhone exports

The tax now has been declared "illegal" by the US Supreme Court

Apple ecosystem in India creates more than 250,000 new direct jobs

70% of workers women; indirect employment pegged at 750,000

New breed in India's pet care drives shift beyond product as demand rises

India's pet-care market is shifting from products to services as DINKWAD households prioritise trust, expertise and convenience, fuelling a new, service-led care ecosystem

Allow telcos to offer connectivity: DoT to Noida International Airport

DoT has asked Noida International Airport to allow telcos to set up networks under the Telecommunications Act 2023, marking its second such intervention after Navi Mumbai airport

What AI summit means for India: Driving faster innovation and execution

India's ambition to ensure AI-led economic growth and social good rests on accelerated innovation and execution

US tariff uncertainty: Auto, medtech exporters on wait-and-watch mode

Indian auto and medical device exporters adopt wait-and-watch approach as US tariff shifts and refund uncertainty cloud shipment decisions

DOJ probes Netflix's power over filmmakers in Warner Bros deal review

DOJ broadens review of Netflix's $72 billion Warner deal, probing potential monopoly power and leverage over filmmakers under US antitrust laws

BFSI, retail have seen big AI adoption in India, says ServiceNow COO

ServiceNow has over 5,000 employees in India, which is about 20 per cent of its global workforce, and more than 45 per cent of its global R&D is based out of the country

India's AI ambition spans full tech stack with global outlook: Ericsson CTO

India's AI ambition reflects a clear push to drive innovation across the entire technology stack, not just domestically but with global impact, he said

Retail technology works best when it supports, not replaces staff: Study

The study found that, considering the social and technological context in which firms operate, their strategic choices shape their HR strategy, which in turn guides technology choices

Excise waiver for biogas blending can unlock ₹1 trn investment: IBA

The government in the recently announced Union Budget 2026, provided an excise duty waiver on Compressed Biogas (CBG) blended with Compressed Natural Gas