Page 18 - Industry News

Vedanta appeals against Delhi HC verdict in Gujarat offshore block case

The company has challenged the single-judge order upholding the Centre's decision to deny a 10-year extension for the Gujarat offshore oil and gas block

IndiGo offers commitments in abuse-of-dominance case; CCI seeks comments

The airline has proposed a crisis management framework, fare safeguards and faster refunds to address concerns raised in the CCI's abuse-of-dominance investigation

Real estate stakeholders expect challenging conditions to persist: Report

Knight Frank-Naredco's Q2 2026 sentiment index remained neutral for the next six months, signalling stabilising confidence despite geopolitical tensions and inflationary pressures

Steel industry must diversify exports, decarbonise: Govt official

Ashwini Kumar, Economic Advisor, Ministry of Steel urged the domestic industry to invest in technology and accelerate decarbonisation as global trade barriers and carbon regulations tighten

Gurugram now 100 mn square foot office market, largest in north India: CBRE

Gurugram added 21 million sq ft of office space and recorded 40 million sq ft of leasing since 2021, while CBRE expects total stock to reach up to 125 million sq ft by 2030

Mahindra Lifespaces, Sumitomo expand Chennai industrial park partnership

The partners will acquire and develop around 95 acres under Phase 2B of Origins by Mahindra, taking the total planned area of the Chennai industrial park to 540 acres

Film set safety in India: What's missing from the legal framework?

The death of a crew member on the sets of Love & War has revived concerns over film set safety. While film workers are covered by labour laws, India still lacks a dedicated framework for on-set safety

Gulshan Group plans ₹1,000 crore premium housing project at Wave City

Gulshan Empire will offer 500 premium residences across 5.5 acres, with homes starting at ₹2.2 crore and estimated sales realisation exceeding ₹1,200 crore

Not cutting-edge, but can Tata's chip fab reduce India's import bill?

India's first semiconductor fabrication plant is making headlines for what it may not produce. Here's why

Modest venture capital funding for high-tech startups; 2026 shows hope

VC funding in India's chip and space startups is picking up in 2026 as the government's Semicon 2.0 push boosts investor confidence

AI-powered robot DSC ARJUN joins ECoR network to boost rail safety

The robotic surveillance platform uses facial recognition, crowd analytics and automated alerts to strengthen station security and support Railway Protection Force personnel

Trump's 200% tariffs on imported generic medicines to test India's edge

Imported generics to remain tariff-free for two years; industry doubts US can build a cost-competitive manufacturing ecosystem within the transition period

Male infertility drives India's IVF boom, clinics widen services

Currently, 250K IVF cycles performed annually; may rise to 400K by 2030

Advanced skills dictate IT firms' campus hiring as AI reshapes demand

IT services firms are cutting back on mass recruitment from engineering colleges and are instead, stepping up hiring of fresh graduates with spe­cialised skills in AI as well as cybersecurity

Ayr Energy files counterclaims against India's Zetwerk in US court

Alleges trade secret theft, seeks import ban, and at least $1 billion in damages; Zetwerk dismisses claims as retaliatory

Centre names Anurag Jain as new NITI Aayog chief executive officer

The 1989-batch IAS officer of the Madhya Pradesh cadre succeeds Nidhi Chibber, who was holding additional charge after B V R Subrahmanyam's exit

India's foldable smartphone market gets ready for Apple-led big flip

3 million cumulative shipments by CY 2026 as Samsung braces for Apple's entry

India's solar power boom faces regional imbalance, manufacturing glut

While India's solar capacity continues to expand rapidly, regional concentration in installations and mounting manufacturing overcapacity are emerging as the sector's biggest structural challenges

Nuclear power capacity to reach 22 GW by FY32, says Jitendra Singh

The minister said India aims to achieve 100 GW of nuclear power capacity by 2047, with small modular reactors and private participation playing a key role

Delhi HC clears way for ONGC takeover of Vedanta-operated Gujarat block

The court upheld the Centre's refusal to extend Vedanta's production sharing contract, citing unilateral deductions from the government's share of profit petroleum