Page 16 - Industry News

GTRI calls for review of quality control orders to ease trade barriers

Mandatory quality certification under these orders raises costs, hurts MSMEs and makes goods more expensive, the Global Trade Research Initiative said

Smartworks to invest ₹600 crore in expansion, centres to meet rising demand

Gurugram-based Smartworks, which has a portfolio of 16.9 million square feet of office space across 70 centres in 15 cities across India and Singapore, posted a total revenue of ₹1,850 cr in 2025-26

Tata arm seeks bigger private sector role in nuclear power, says CEO

Tata Consulting Engineers expects nuclear energy to contribute 5-6% of revenue by FY30 as private participation rises following the SHANTI Act

Park Medi World to expand hospital network, add 1,450 beds by FY28

The hospital chain, which has 1,168 doctors across the network, plans to add 1,450 beds by FY28 to its current capacity of 4,290. It employs 6,423 people as of March 31, 2026

Haryana signs MoUs for 4 waste-to-energy plants with 5,000 TPD capacity

Haryana has signed MoUs for 4 integrated waste-to-energy plants in Hisar, Ambala, Faridabad and Gurugram to process 5,000 tonnes of waste daily

NCRTC signs pact for solar plant to meet 60% of Namo Bharat's power needs

The arrangement aims to provide greater predictability in energy costs and reduce the corridor's dependence on conventionally generated power

FSSAI bans Everest Food Products, Laljee Godhoo from selling hing powder

In the case of Everest, FSSAI has prohibited the sale of compounded asafoetida (hing powder) variants with immediate effect

Foreign BFSI firms drive GCC office leasing to record 7.32 mn sq ft: Report

Foreign BFSI firms leased a record 7.32 million sq ft for GCCs in India in H1 2026, up 70% year-on-year, Knight Frank data showed

Canara, Union Bank to move NCLAT in Subhash Chandra repayment plan case

Canara Bank, Union Bank of India and LIC Housing Finance are moving NCLAT against the NCLT's approval of Subhash Chandra's repayment plan

HDFC Bank may appeal to NCLAT against Chandra's 'personal guarantor' payout

Lender weighs appeal after NCLT approves ₹6.25 crore repayment against admitted claims of ₹22,000.57 crore; several major creditors had opposed the plan

NTH should become a premier global testing, certification body: Joshi

Union Minister Pralhad Joshi called for transforming the National Test House into a premier global testing and certification organisation as India's manufacturing sector expands.

Govt allows RE projects to store, sell curtailed power via battery systems

The power ministry has allowed renewable energy projects to use curtailed T-GNA power to charge additional co-located BESS and sell the stored electricity independently

Apparel exporters urge commerce minister to regulate cotton yarn exports

Apparel Export Promotion Council (AEPC) Chairman A Sakthivel in a communication to the minister said rising prices of raw cotton and cotton yarn are increasing due to supply-side constraints

Before the FDA walks in: How restaurants audit kitchens and food safety

Maharashtra FDA's crackdown has exposed lapses in storage, pest control, hygiene; but in a professionally run kitchen, what systems are supposed to catch these problems before the regulator does?

Govt relaxes radiation limits for 5G towers to boost coverage: Report

The revised electromagnetic field limit rules will come into effect next month and double the permitted power density for a 5G base tower station (BTS) to 10 watt per square metre from 5 watts at pres

Qcom, ecom platforms see surge in premium, personalised rakhi demand

Flipkart Minutes saw festive shopping grow threefold, while Meesho's orders rose 36 per cent as convenience, premium gifting and personalisation drove demand

MCA likely to ease three-year cooling-off period for auditors

That means, during the cooling-off period between statutory audits, the auditor can offer permissible non-audit services to the same client

AI usage by logistics firms boosts delivery timelines of startups

An analysis by Unicommerce, based on summer sales this year, found that brands were able to limit RTO rates to 17 per cent, compared with nearly 25 per cent during the corresponding period last year

Maharashtra FDA cancels Cipla C&F licences in Pune; firm contests order

State regulator cites alleged packaging, inventory and storage violations at Cipla's Pune C&F warehouse; company challenges order, says matter is sub judice

TIAA Global Capabilities leases 2.56 lakh sq ft in Pune for ₹320 crore

The company has leased the office space at Panchshil Vantage in Wagholi for 10 years at ₹92 per sq ft per month, with a 15 per cent escalation every three years