Page 18 - Industry News

FMCG firms focusing on driving volume growth in upcoming quarters

FMCG companies expect volume-driven growth in the coming quarters, backed by GST cuts and improving urban-rural demand, though selective price hikes may still be taken where needed

Rising power demand could lead to higher emissions for India in 2026

After a rare dip in coal generation in 2025, India's emissions may edge up in 2026 as power demand rebounds and thermal plants anchor the grid

Professional services firms may be allowed in PMIS: ICAI president

ICAI has set up a special team to fast-track high public-interest cases, including Gensol Engineering and IndusInd Bank, while pushing reforms in skilling and audits

Global pharma uses AI to speed drug timelines, but adoption remains uneven

Pharma leaders at BioAsia said AI is accelerating discovery and documentation, doubling pipelines at some firms, though its impact on clinical costs and timelines remains uneven

NPCI, Nvidia tie up to boost sovereign AI infra for payment ecosystem

NPCI will use Nvidia's Nemotron open models to develop a sovereign, payments-focused AI foundation model aimed at enhancing trust, resilience and scalability across India's payments network

Andhra govt boosts land allotment for Google AI data centers to 600 acres

The earlier allotment included 160 acres at Rambilli, 200 acres at Adavivaram and Mudasarlova, and 200 acres at Tarluvada, totalling 480 acres

Customer-centric innovation to fuel India's $750 bn IT dream: Gurnani

According to the NITI Aayog, the Indian technology services industry is estimated to grow from $265 billion this year to $750-850 billion by 2035

CMA CGM places first Indian vessel order, eyes container and waterways push

CMA CGM has signed its first container vessel order with an Indian shipyard and is exploring container manufacturing, AI-led innovation, and deeper participation in India's maritime sector

DDA removes separate parking charges from flat prices in housing schemes

According to a recent order, the Delhi Development Authority (DDA) has directed that the total cost of parking construction shall be included in the overall project expenditure

After Agentic AI, machine voice to be next shift in AI evolution: Report

Over the past three decades, the tech world has seen a transformation from machine learning in the 1990s to deep learning in 2015, followed by Generative AI in 2022

ICAI notifies 2025 global networking rules, mandates registration

ICAI has notified its 2025 global networking guidelines, requiring all international networks involving Indian CA firms to register and appoint a Nodal Officer for compliance

'India on extraordinary AI trajectory': Pichai outlines Google's big bets

The Alphabet and Google CEO outlined the company's investment, skilling and connectivity initiatives for India as part of its broader artificial intelligence expansion plans

L&T, NVIDIA partner to build sovereign gigawatt-scale AI factory in India

L&T and NVIDIA have announced a venture to build sovereign, scalable gigawatt-scale AI factory infrastructure, supporting India's digital transformation and the IndiaAI Mission

MakeMyTrip partners with OpenAI to improve AI-led travel bookings

MakeMyTrip will use OpenAI's APIs (application programming interfaces) to power new artificial intelligence features in its app

FedEx to invest ₹2,500 crore to build cargo hub at Navi Mumbai airport

The facility will be designed as a regional consolidation and redistribution hub and developed in partnership with Adani Airport Holdings Ltd

Bengaluru, Delhi-NCR dominate AI job openings on Naukari.com: Report

As per the report, Bengaluru commands a 25.4 per cent share of the total AI-related jobs, followed by Delhi-NCR with a share of 24.8 per cent and Mumbai 19.2 per cent

Nearly 73% employers plan to hire freshers in first half of 2026: Report

The report further revealed that sectoral demand is led by retail (91 per cent), followed by e-commerce and technology start-ups (90 per cent), and manufacturing (85 per cent)

Global Energy Alliance to raise $100 mn to digitise electric grids: CEO

GEAPP is a philanthropic body backed by The Rockefeller Foundation, IKEA Foundation and the Bezos Earth Fund

Indo-UK wind task force launched, India crosses 272 Gw green capacity

This assumes significance in view of India's ambitious target of 500 GW of renewable energy by 2030 and net-zero emission target by 2070

Yotta Data Services to build $2 bn AI hub with Nvidia's Blackwell chips

The project includes a four-year engagement worth over $1 billion under which Nvidia will establish one of Asia-Pacific's largest DGX Cloud clusters within Yotta's infrastructure