Page 17 - Industry News

Brands hit goal as Fifa-themed offerings spark a surge in consumer sales

FIFA World Cup 2026 fever is boosting sales of jerseys, TVs and fan merchandise as brands tap into rising football enthusiasm across India

Vaishnaw expects more firms to start production of memory chips in India

The minister said there is a global phenomenon of supply-demand imbalance, which is now getting filled up by setting many more units

'Free trade pacts to boost furniture exports, domestic manufacturing'

India has implemented FTAs with Mauritius, the UAE, Australia, the EFTA bloc, and Oman

Bio-energy emerging as key pillar of India's green growth strategy: TPCI

The council on June 12 brought together policymakers, diplomats, industry leaders and energy experts to discuss strategies for accelerating India's shift towards sustainable, energy-secure growth

Diesel purchase curbs raise concerns for hospitals, IT parks, data centres

Industry executives said the restrictions could disrupt fuel procurement for sectors where diesel generators remain critical to operations

Industry leaders should engage with research institutes: Jitendra Singh

Singh emphasised the importance of shared scientific infrastructure in reducing entry barriers for startups and small enterprises

TN pollution body flags alleged violations at Tata's iPhone components unit

The pollution regulator has warned that the unit may face closure action and possible stoppage of power supply if Tata Electronics fails to provide a satisfactory explanation

Dr Reddy's launches generic oral leukaemia drug Bosutinib in US market

The company has launched a generic version of Pfizer's Bosulif for chronic myeloid leukaemia and secured 180 days of exclusivity for the 400 mg strength

Odisha approves ₹200 cr plan to repay closed textile units' liabilities

The Cabinet has approved the repayment plan remove barriers for transfer of the land to IDCO for industrial use and to attract fresh investments into the state's apparel sector

IIM-Calcutta lets MBA students keep placement spot while pursuing start-ups

The initiative was announced by IIM-Calcutta Director Alok Kumar Rai at a ceremony on Friday to induct 480 students into its 63rd MBA batch

Tata's iPhone parts factory contaminated farmland water: Pollution board

India's Tata Electronics is central to Apple's push to ​diversify iPhone production beyond China and is the second-biggest supplier to Apple in South Asia after Taiwan's Foxconn

Beer sales in Delhi rise 10% in May as popular brands return: Excise data

The data further showed that the share of other brands, including lesser-known labels and imports from Nepal and Bhutan, declined to 46 per cent this year from 62 per cent in May 2024

'Tests confirm product quality': Nestle rejects infestation claims in Maggi

Nestle said it was made aware of the complaint through the FSSA) following concerns raised by an unverified account on social media platform X

Soft skills make a comeback among employers as AI makes lookalike resumes

The surge in AI-written resumes is making it harder for employers to shortlist candidates based on CVs alone, prompting greater focus on behaviour, values and communication skills

Two key cancer drugs to cost 50% more amid continued supply disruptions

NPPA raises ceiling prices of key cancer drugs and select vaccines to address supply shortages and ensure continued availability of essential medicines

Realtors brace for project delays as Iran war disrupts supply chains

Developers brace for up to year-long project delays as the prolonged West Asia conflict raises costs, disrupts supplies and worsens labour shortages

Mobile phone sales plunged 30-35% by volume in May as prices kept rising

This comes as companies continue to hike prices every month since November 2025 in order to recoup the increasing cost of memory chips

From TV to radio, Centre proposes common broadcasting regulations

The Centre has proposed unified TV and radio broadcasting rules, mandating daily public-interest programming on themes of national importance and social relevance

Nestle, KFC, Flipkart get FSSAI notice over allegations of 'hygiene lapses'

The food regulator has sought responses from the companies after taking cognisance of social media complaints alleging contamination and hygiene lapses

AM Green, VOC Port sign MoU for ₹2,000-crore green ammonia bunkering hub

The project aims to develop 200 KTPA of green ammonia marine bunkering capacity by 2029-30, with plans to scale up capacity and investment over the next decade