Page 174 - Industry News

Steel firms hail govt for recommending safeguard duty on flat steel imports

In a statement, Naveen Jindal, President of Indian Steel Association (ISA), said recommendation of a safeguard duty on flat steel imports for three years is a welcome step

GTRI says some cos misuse duty-free import scheme, calls 'licence to loot'

A forensic audit of licences issued in the past five years is urgently needed, alongside recovery of duties from fraudulent imports, GTRI said

Workplace bullying hinders employees' creativity, involvement: Study

The study found that workplace bullying reduces the likelihood of employees engaging in innovative side projects while negative workplace behaviour drains employees' relational energy

Early monsoon, intense competition dampen paint companies' growth in Q1

However, the top four listed paint makers, including Asian Paints, Berger Paints, Kansai Nerolac Paints and Akzo Nobel India, reported some sequential improvement

Higher sales realisation, volume growth boost cement firms' earnings in Q1

Moreover, lower input costs, such as a decline in coal and petcoke prices, along with stable diesel costs, also helped in improvement on Ebitda terms

Samsung to expand manufacturing portfolio in India, says Ashwini Vaishnaw

Globally, Samsung has its second largest mobile phone manufacturing unit in India and it is the second largest exporter of the handsets from the country after Apple

DDA's land licensing model bags ₹10,000 cr deal with Fleur Hotels

The project is expected to generate approximately Rs 10,000 crore over a 55-year period

Kolkata Port inaugurates first PPP terminal at Khidderpore Docks for cargo

The Century Ports Ltd Terminal, built at a cost of Rs 190 crore, was formally commissioned by the Syama Prasad Mookerjee Port, Kolkata (SMPK)

Top hospitality chains eye eco-tourism resort projects in Andaman islands

The eco-tourism properties will be developed on a public-private partnership (PPP) basis at Neil Island, Aves Island, Long Island and Smith Island

Automobiles to pharma & healthcare: India Inc earnings stay in slow lane

Corporate profits remained weak in Q1FY26, amid single-digit growth in revenues for the ninth consecutive quarter

PM's I-Day speech: GST relief, job push may serve up growth for FMCG firms

FMCG companies expect a consumption boost as PM Modi announces job creation scheme and GST reforms, which are set to ease financial burdens and stimulate demand, particularly in urban markets

Self sufficiency in critical minerals a work in progress, says PM Modi

Highlighting government efforts, PM Modi said the National Critical Minerals Mission (NCMM) has already been launched, with exploration work underway at more than 1,200 locations

Q1 result review: Cement companies lay foundation for strong FY26

Improved realisations from price gains and stable input costs help firms report profitable June quarter

Indian tablet PC market grows 20% in Q2; Apple leads with 30% share

According to the CyberMedia Research (CMR) Tablet PC India Market latest report, Apple's iPad supplies in the Indian market grew 10 per cent year-on-year in the June 2025 quarter

Trump signals semiconductor tariffs within weeks, may reach 300%

The president has repeatedly promised that levies on chips and pharmaceuticals are coming within weeks, but no formal announcements have yet been made

Anti-rabies vaccine, immunoglobulin sales pick up as dog bite cases jump

Drugmakers aim to step up production by 15-20% in the near term

Realty, hospitality firms upbeat on GST Diwali bonanza and tax relief

Real estate and hospitality companies hope that GST reforms, including lower taxes and simplified compliance, will boost demand, support tourism, and aid in the growth of the economy

India Inc sees capex, demand surge after Modi's Next-Gen GST overhaul plan

PM Modi's promise of a sweeping GST overhaul aims to lower tax rates, simplify compliance, and modernise the system, spurring growth in sectors like manufacturing, housing, and consumer goods

US retail sales rise 0.5% in July on strong auto demand, major promotions

Retail sales rose 0.5% last month after an upwardly revised 0.9% gain in June, the Commerce Department's Census Bureau said on Friday

Uttar Pradesh govt's ₹6,191 cr push to scale up industrial infrastructure

UPSIDA Chief Executive Officer (CEO) Mayur Maheshwari said, the budget will fund the development of sustainable industrial infra including roads, water, sewerage systems, uninterrupted sup