Page 186 - Industry News

Angel One, LivWell announce ₹4 billion JV for digital life insurance

Angel One and LivWell announce a joint venture to set up a digital-first life insurance firm in India with Rs 4 bn capital, aiming to improve access and affordability

Regulators vital to ensure quality in processed foods: Chirag Paswan

At the World Food India 2025 curtain raiser, Union Minister Chirag Paswan said regulatory bodies like FSSAI are key to ensuring safe, quality processed food in India

Apollo, Siemens collaborate to advance liver healthcare with AI innovation

Apollo and Siemens Healthineers will collaborate on AI and imaging research for early detection, diagnosis, and monitoring of liver diseases including MASLD in India

Sunteck Realty to develop Mira Road land parcel with ₹1,200 crore GDV

Sunteck Realty will develop a 3.5-acre land parcel in Mira Road with a GDV of Rs 1,200 crore, expanding its footprint in the fast-growing Mumbai micro-market

Mutual fund industry showcases resilience, growth: ICRA Analytics

June marked a strong month for the industry with high inflows and robust investor participation across equity, hybrid and SIP categories, it said.

IHH inks Fortis-Gleneagles O&M deal to strengthen pan-India platform

Under the agreement, Fortis will manage operations of six Gleneagles hospitals and one clinic, earning a monthly fee and expanding its bed capacity and national presence

Indian auto sector can cut emissions by 87% with green power, steel: Study

Industry is at 'turning point' and could be the leader in low-carbon global economy, according to research by an independent group

Tired of promotional calls? Trai to launch interface to block them with tap

Trai held talks with RBI, Sebi, and DoT to fast-track a digital consent system that lets users block spam calls and revoke permissions via a tamper-proof interface

MNCs prefer institutional office assets for setting up GCCs in India: C&W

As of June 2025, the Indian REIT market, comprising all four REITs, had an operational portfolio size of more than 105 million sq ft

Trai meets RBI, Sebi, MHA, Meity, other regulators on curbing spam, fraud

Trai, along with sectoral regulators, discussed measures to curb spam and fraud, including a phased transition to the 1600-series for commercial calls and a new digital consent mechanism

India's top IT firms have more than 250,000 highly skilled AI employees

Tata Consultancy Services (TCS) has about 114,000 people with higher order AI skills, which the company believes will allow it to create a 'skills pyramid'

Results preview: Pharma firms stare at muted earnings growth for Q1

Hospitals have a steady quarter with occupancies rising 100 bps

IBC enabled debt resolution of ₹26 trillion in 9 years, says Crisil

The Insolvency and Bankruptcy Code (IBC) has led to the resolution of Rs 26 trillion in debt over nine years, creating significant deterrence among borrowers and offering flexible resolution framework

Bet value doesn't qualify as income under I-T Act: Egaming firms to SC

Online gaming firms tell the Supreme Court that bet money placed by users in online real-money games should not be considered taxable income under the Income Tax Act

DRI busts major multi-crore branded luxury furniture import racket

The Directorate of Revenue Intelligence uncovers a multi-crore racket involving undervaluation and misdeclaration of luxury furniture, leading to significant customs duty evasion

Tata Communications, AWS join hands to establish long-distance data network

Tata Communications partners with AWS to create a robust national network connecting Mumbai, Hyderabad, and Chennai, supporting AI and machine learning workloads across India

India's own Foxconn? Dixon's PLI-powered road map may reshape electronics

Dixon is transitioning from being predominantly domestic assembler - smartphone assembly accounted for 89 per cent of its revenue as of Q3 FY25 - to becoming a deeper player in electronics value chain

Tata Group, Google, Infosys three most attractive employer brands: Report

Google India climbed the rankings this year to emerge as the runner-up, followed by Infosys, which occupied the third spot.

Turning used cooking oil into diesel blending feedstock remains a challenge

India's biodiesel blending rate was at a mere 0.60 per cent in FY25, against a target of 5 per cent by 2030, largely because of limited investments and challenges in collection of used cooking oil

PLI scheme for bulk drugs led to import savings of ₹1,362 cr: Govt to RS

In a written reply to Rajya Sabha, Minister of State for Chemicals and Fertilisers, Anupriya Patel said that as of March 2025