Page 178 - Industry News

SC judge recuses from Vedanta PIL; case to be heard by new Bench

A Supreme Court judge recused himself from hearing a PIL on alleged financial irregularities by Vedanta and HZL, the second recusal in the case, which will now go to a new bench

MSMEs, startups urged to meet ₹50K cr defence exports target: MoS Defence

Minister of State for Defence Sanjay Seth was addressing the inaugural of the three-day East Tech symposium here

CEA Nageswaran warns of tough trade-offs in India's energy transition

Nageswaran pointed out that India's energy consumption will necessarily keep rising as our per capita incomes rise in the coming years

Circle rates in Ghaziabad may rise up to 40%, buyers face higher costs

Ghaziabad administration has proposed up to 40 per cent hike in circle rates, raising concerns that higher stamp duty and fees could make homes unaffordable without regulatory relief

SC seeks govt, OMCs' reply on biodiesel off-take plea by producers' body

The Supreme Court sought a response from the government and OMCs on a petition by biodiesel producers citing poor off-take, policy lapses and heavy losses despite set targets

Maharashtra signs MoUs worth ₹80,962 cr for industrial projects, 40k jobs

The projects envisaged under these MoUs are expected to create more than 40,300 jobs, officials said

CDSCO flags 3 spurious drugs, 94 not of standard quality in August

CDSCO flagged three spurious drugs, including Pan D, Pan 40 and diazepam injection, and listed 94 medicines as not of standard quality in its August 2025 surveillance update

India's sugar mills to miss 1 mn tonne export quota, may ship 775K tonnes

After a flurry of deals earlier in the season, India's overseas sugar sales slowed in recent months as supplies from Brazil increased and global sugar futures fell to their lowest level in over 4 yrs

Emaar Properties rules out stake sale in india, eyes JV with Adani, others

Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and had invested around Rs 8,500 crore

Critical mineral M&A falls 39% in 2024 as lithium prices, demand cool

PwC report says M&A in critical minerals dropped sharply in 2024 as lithium prices plunged, supply fears eased and governments tightened scrutiny on strategic resources

IITs gear up for 2026 placements as recruiter participation sees sharp rise

Early signs show a strong 2026 placement season at IITs, with top recruiters from high-frequency trading, tech, startups, and PSUs increasing participation and offers across sectors

India has world-class talent, 'right momentum' for chip growth: Merck exec

German company signed agreement with Tata Electronics for semiconductor development earlier this month

GST hike on E&P: Govt chalking out plan to compensate upstream oil firms

The oil ministry is considering a scheme to compensate upstream companies for higher costs after GST on E&P services rose to 18 per cent, raising concerns of stranded taxes

Govt eases GST price label rules, scraps mandatory advertisements

Businesses can skip re-stickering and use old stock until March 2026

Qualcomm looks to bring smart glasses into everyday view with India push

Priced near regular eyewear, market set to grow 400% in CY 2025

HNIs doubled in just 4 years, fuelling surge in luxury auto demand

India's millionaire households have nearly doubled to 8.7 lakh in four years, creating a runway for luxury car demand as wealth fuels aspirations and premium consumption

Bricks to continue under GST 2.0 special composition scheme at 12%

The GST Council has kept the special composition scheme for bricks unchanged, retaining 6% without ITC and 12% with ITC, with a Rs 20 lakh threshold, under GST 2.0

Govt picks 8 more startups to build indigenous LLMs, sectoral SLMs

Eight more startups, including Fractal Analytics and BharatGen, will build LLMs and SLMs under the IndiaAI Mission as the govt also plans 500 AI data labs and an AI governance framework

HSBC chiefs meet PM Modi, pledge long-term support for India's growth

HSBC Chairman Mark Tucker and CEO Georges Elhedery met Prime Minister Modi this week, reaffirming commitment to India's growth and support for key national programmes

BNP Paribas leases 1.45 lakh sq ft office space in Thane for ₹95 lakh

BNP Paribas has leased 1.45 lakh sq ft at Hiranandani Centaurus in Thane West for Rs 94.95 lakh monthly rent as BFSI sector demand drives office leasing growth in India