Page 179 - Industry News

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

UP govt injects ₹140 crore to boost startups, innovation ecosystem

The state has set up a network of 72 incubators and seven centres of excellence (CoE) to catalyse startups, promote business culture and generate jobs for the youth

Domestic pharma firms expected to post 7-9% revenue growth in FY26: Icra

Revenue for the sample set of companies is projected to expand by 7-9% in FY2026, supported by 8-10% growth in the domestic market and 10-12% growth in Europe, Icra said

PM internship scheme pilot likely to be extended for two months

The launch of the full fledged scheme would be based on the feedback received from the stakeholder consultations and evaluation of outcomes during the implementation of the Pilot Project

US Automakers may soon hike car prices as tariff costs pressure profits

The average manufacturer's suggested retail price, or MSRP, on new vehicles in the US rose less than 1 per cent from mid-March to mid-August, according to car-shopping site Edmunds

Indian pharma faces US revenue slowdown amid scrutiny, tariffs: ICRA

ICRA projects Indian pharma firms' US revenue growth to slow due to price erosion, USFDA scrutiny and tariff risks, while high dependence on Chinese APIs persists despite PLI

Air India Express to launch direct Bengaluru-Bangkok flights from Oct 18

The airline already connects Bangkok with Lucknow, Pune, and Surat, and operates direct flights between Hyderabad and Phuket

Goa real estate, hotel tariffs see 15-20% correction amid tourist surge

The substantial correction in real estate rates across Goa is a trend that analysts believe is part of a 'healthy cycle' that would create stronger foundations for growth in the future

Govt has met industry needs, now India Inc must expand: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said the government has delivered reforms, urges companies to invest, expand production, and partner in skilling youth for India's growth

Indian industry must join journey toward developed nation: N Chandrasekaran

He also stressed the need to develop the entire ecosystem across all stakeholders

FMCG firms may shift to new GST regime without changing current price tag

The govt could allow discounts to be reflected in the invoice during the transition

Lupin gets USFDA nod for generic cancer drug Lenalidomide capsules

Lupin has received USFDA approval for generic Lenalidomide capsules in six strengths, adding to competition in the US oncology market for Bristol-Myers Squibb's Revlimid

BlackBuck to ditch Bengaluru's tech corridor over crumbling roads

Poor roads, traffic snarls and metro delays fuel frustration among tech firms and citizens

Govt may rebid 40 GW renewable projects stuck due to lack of purchase deals

These 40 gigawatt (GW) includes both solar and wind capacity projects, one of the sources said

NHAI may raise up to ₹35K cr-40K cr in FY26 via TOT, Invit: Icra

Icra projects NHAI could raise Rs 35,000-40,000 crore in FY26 via TOT and InvIT asset monetisation, exceeding the Rs 30,000 crore target and adding to its Rs 92,633 crore raised till FY25

The Big Short: Micro-dramas grow into $8 bn global business led by China

Micro-dramas are now a $26 bn global business, with China leading at $9.4 bn. India's start-ups are entering the race but the market size remains undefined

Bank OTS scheme not a borrower's right without upfront payment: SC

Apex court rules SBI justified in rejecting OTS plea for non-compliance with 5% deposit condition

More speed, accuracy: AI a booster shot for hospitals, diagnostic companies

Hospital chains like Apollo and Aster lead the way as AI boosts accuracy, cuts costs, and transforms patient outcomes