Page 16 - Industry News

Datanomics: Nearly 20% registered factories were inoperative in FY16-FY25

Factory growth has picked up in recent years, rising 2.66 per cent in FY24 and 2.64 per cent in FY25, yet more factories do not automatically mean higher industrial capacity

Odisha oil reserve faces further delays as UAE seeks pact on crude sales

The ₹8,743 cr Chandikhol SPR was among two projects cleared by the Union Cabinet in 2018

Centre to set up high-level committee to address sugarcane farmers' issues

The Centre will form a high-level committee within a week to address sugarcane farmers' concerns in Maharashtra and Karnataka over pricing, recovery rates and sugar mill irregularities.

FM Sitharaman urges multilateral action on global steel overcapacity

Finance Minister Nirmala Sitharaman says unilateral tariffs only redirect surplus steel and calls for multilateral disciplines on subsidies, citing India's growing steel demand

Coal stocks stable at over 18 mn tonnes as supplies strengthen: Ministry

Coal inventories at power plants have stabilised as rake loading and supplies improve, but stocks remain under pressure, with 87 plants reporting critically low levels

Office leasing steady at 66.7 msf in 9M CY2026 as GCCs drive demand

GCCs accounted for 41 per cent of office transactions in the first nine months of 2026, while flex operators contributed 24 per cent, according to Knight Frank India

Centre directs states, UTs to display health service charges at all clinics

Union Health Ministry seeks prominent display of healthcare service charges and package rates for foreign patients travelling to India on medical or Ayush visas to improve transparency.

Oilmax-Eleven consortium wins Kutch offshore oil & gas block in DSF round

Oilmax Energy and Eleven will each hold a 50 per cent participating interest in the Kutch offshore block as India seeks to boost domestic oil and gas production and cut import dependence

Technip Energies wins EPC contract for HPCL's Mumbai refinery modernisation

The contract covers new hydrocracker and solvent deasphalting units at HPCL's Mumbai refinery, aimed at boosting lube oil base stock output and upgrading heavier petroleum streams.

Nine ITIs in Surat, Visakhapatnam to be upgraded with ₹440 cr investment

The Centre, Gujarat and Andhra Pradesh have partnered AM/NS India to modernise nine government ITIs under PM-SETU, with a focus on industry-linked training and infrastructure

India fastest-growing steel market, demand to grow 7.9% in 2026: worldsteel

The country's demand is expected to rise by 8 per cent in 2027 to 186.2 million tonnes (MT), the industry body said in its 'Short Range Outlook October 2026'

Trade body flags online-offline price gap after ₹24,000 crore ecom sales

CWBTA says deep discounts on ecommerce platforms are hurting traditional retailers during the festive season and calls for price transparency

Explained: Why Starlink's India launch plans have raised security concerns

Starlink's proposed India launch has raised concerns over national security, data privacy, foreign influence and the use of unauthorised terminals

Logistics sector must prepare workforce for tech shift: Skill council

The Logistics Sector Skill Council (LSC) in Chennai hosted PRISM 2026 - Powering Recognition: India's Skill Movement, an industry connect meet

Don't see US acting against tech companies based on their domicile: TCS

TCS chief executive and managing director K Krithivasan said companies are 'deeply ingrained' in the US' technology ecosystem and provide an important service

Ecomm sell goods worth ₹24k cr in first two days of festive sales: Redseer

The consultancy firm estimated that shoppers placed about 8-9 crore orders across all platforms, including Amazon, Flipkart, Meesho, Ajio and many other marketplaces

Amazon eyes Decart acquisition at $7 billion as AI chip race intensifies

The deal would give Amazon software that makes AI models run efficiently across chips, strengthening its challenge to Nvidia as it pushes its own Trainium processors

Coal India denies crunch in supply to NTPC, says exceeded commitments

CIL says it supplied 97 million tonnes of coal to NTPC and its joint ventures in H1FY27, exceeding contractual commitments despite critically low stocks at several power plants

1 in 4 travellers took repeat festive trips, bookings for 2026 up 50%: Rpt

Nearly one in four travellers took multiple festive trips last year, while Hampi, Gokarna, Varkala, Rishikesh and Jaipur lead bookings for 2026

Elon Musk vows affordable Starlink in India ahead of record Jio IPO

Cheap data is the playbook ​that built Jio in India, and the one Musk has used in ​markets like Kenya to unsettle local telecom players