Page 15 - Industry News

Govt to roll out data centre policy as concerns grow over power use

The move follows protests by residents in cities such as Mumbai and Visakhapatnam against data centres planned by Amazon and Google over concerns including water and electricity use

India needs ₹15 trillion investment to add 91 GW nuclear capacity by 2047

CEA Chairman Ghanshyam Prasad said India must add 91 GW of nuclear capacity and attract deep private sector participation to meet its 100 GW target

India found itself 'let down miserably' during Covid, says Piyush Goyal

Goyal said India was left without essential equipment during the pandemic, prompting the push for self-sufficiency

Global turbulence to rise in coming years from AI, debt risks: Vaishnaw

Technology will remain a highly globalised field, he emphasised, adding that global value chains will be multi-border, multi-country, and multi-geography, reflecting the nature of the industry itself

Centre releases 1.4 mn tonnes sugar quota to cool prices ahead of Diwali

The Centre has released 1.4 million tonnes of sugar for the second half of October as mill prices surge; it has also cut stock limits for dealers to curb price rises ahead of Diwali

Shipping ministry unveils 2 specialised credit risk insurance products

Developed under the Shipbuilding Development Scheme (SbDS), these first-of-their-kind insurance policies aim to reduce financial stress in large-scale ship manufacturing

Odisha to set up ₹176.83 cr disaster recovery data centre in Keonjhar

The Odisha Cabinet has approved the facility at Dharanidhar University in Keonjhar to ensure uninterrupted digital services and recovery during cyberattacks or disasters

RITES dispatches first 18-coach rake to Bangladesh under EIB-funded deal

The first rake, dispatched on October 12, comprises 18 coaches manufactured at Rail Coach Factory, Kapurthala, under a European Investment Bank-funded deal with Bangladesh Railway

PNGRB proposes up to 5% hydrogen blending in domestic piped natural gas

The regulator's draft guidelines cap hydrogen blending in domestic piped natural gas at 5 per cent, with strict requirements for safety, gas quality, billing and consumer protection

RDI Fund picks first 19 second-level fund managers, commits ₹7,131 crore

The first cohort includes 14 alternative investment funds and five focused research organisations, with managers expected to mobilise private capital matching the fund's contribution

India's IT giants face identity crisis as AI disrupts traditional biz model

AI upstarts challenge India's cost-led IT model as innovation takes centre stage

GEC-III opens door to competitive bidding for state power transmission

The Rs 1.86 trillion GEC-III scheme aims to strengthen intra-state transmission networks and battery storage, while using competitive bidding to reduce costs and improve renewable energy evacuation

Kerala Tourism eyes festive footfall boost, industry status policy in works

Kerala recorded 10.98 per cent growth in domestic tourist arrivals in Q1 2026 and is preparing new travel packages, upgraded infrastructure and a policy to grant tourism industry status

AI job-loss fears are 'hogwash', says Infosys Chairman Nandan Nilekani

While tasks such as coding can increasingly be handled by artificial intelligence, other roles will emerge to manage the technology's deployment and its risks, Nilekani said

India may need to raise coal power capacity as demand surges: CEA chief

India had planned last year ‌to add 97 GW of coal power capacity to reach 307 GW by 2035 and currently has about 230 GW of capacity

Puravankara Q2 sales bookings surge 62% to ₹2,136 crore on housing demand

In a regulatory filing, the company said its pre-sales rose to ₹2,136 crore in the second quarter of this fiscal from ₹1,322 crore in the year-ago period

Hilton debuts LXR Hotels & Resorts in India with The Den Bengaluru

The 226-room property in Whitefield is owned by Dan Hospitality India Pvt. Ltd. and managed by Hilton, marking the hospitality group's entry into India's luxury market with its LXR brand

Proposed steel policy seeks AI-led detection of sub-standard steel imports

The proposed policy seeks to build a roadmap for the Indian steel industry until 2047

Kalpataru Projects wins new orders worth ₹2,225 crore in T&D business

Kalpataru Projects has secured new orders and a letter of comfort worth about ₹2,031 crore, while its Swedish subsidiary won a ₹194 crore order

FSSAI plans tighter rules for qcom platforms amid food safety crackdown

Ecommerce is the next big focus area for the Food Safety and Standards Authority of India, its Chief Executive Officer Rajit Punhani said