Page 19 - Industry News

Odisha clears industrial projects worth Rs 2.47 trillion at one go

Data centres, AI and power projects dominate Odisha's record investment pipeline; 27 projects across 15 districts involving Rs 2.47 trillion are expected to generate 50,162 jobs

India is on track to hit 100GW wind energy target by 2030: Suzlon's Tanti

India is largely on track to achieve 100 GW wind energy target by 2030, provided it accelerates power grid expansion and maintains a steady pipeline of project auctions, Suzlon Group co-founder said

Ola Electric seeks board nod for proposed rights issue of equity shares

Ola Electric's board will consider a rights issue on September 28. The company has not disclosed its size or use of proceeds as its electric two-wheeler market share falls

India's Ayush market could reach $213 billion by 2030: Primus Partners

Primus Partners says integrating Ayush into public health systems, insurance and primary care could help expand India's market to $213 billion by 2030 from $43 billion now

FSSAI proposes single-phase rollout of front-of-pack nutrition labelling

FSSAI has proposed a 365-day voluntary compliance window for front-of-pack nutrition labels, with red warnings for products exceeding prescribed salt, sugar or fat limits

India extends anti-dumping duty on imported Chinese decor paper till March

India has extended anti-dumping duty on decor papers imported from China till March 2027 to protect domestic manufacturers from cheap inbound shipments, according to a notification.

DGTR backs 5-year extn of anti-dumping duty on China aluminium foil imports

The Commerce Ministry's arm DGTR has recommended a five-year extension of anti-dumping duty on aluminium foil imported from China, Thailand, Malaysia, and Indonesia, according to a notification.

NTPC, Adani Power get nod for nuclear plant feasibility studies in Odisha

Odisha has approved feasibility studies by NTPC and Adani Power at several potential nuclear plant sites, including Deogarh, Balimela and Manjore; no plant has yet been sanctioned

MSME lending may reach ₹2.6 trillion in July-December 2026: FlexiLoans

FlexiLoans expects lending to small businesses to reach Rs 2.4-2.6 trillion in July-December 2026, driven by festive demand and growing digital commerce in non-metro markets

Qcom emerges as festive advertising hotspot as brands ramp up spending

Qcom advertising is estimated to account for Rs 2,200 crore of festive ad expenditure in 2026, up 50%, as platforms increasingly become product discovery channels

Why Hyderabad is seeing a fresh wave of global capability centres

With more GCCs expected to arrive, Hyderabad's established technology, BFSI and life-sciences ecosystems are becoming an increasingly important part of its appeal

NLC India raises ₹500 crore through issuance of commercial papers

Commercial papers are short-term, unsecured debt obligations issued by institutions and corporations as an alternative to costlier methods of funding

Syneos Health opens global life sciences and technology centre in Hyderabad

The 137,000-sq-ft centre is Syneos Health's largest in Asia and third-largest globally, with an initial workforce of more than 700 professionals

Mavenir, Neysa partner to offer sovereign AI infrastructure to enterprises

The partnership combines Mavenir's AI platform with Neysa's GPU infrastructure and cloud environment to help enterprises, telcos and neocloud providers deploy AI systems

Crisil revises Metropolis outlook to positive, reaffirms 'AA-' rating

Crisil said the outlook revision reflects the expected improvement in organic revenue growth, profitability, and cash accruals

Patient safety top priority for us: Pfizer after Karnataka FDA action

Pfizer said it is working with authorities after counterfeiters allegedly copied its drug batches, while the Karnataka FDA took action

Mines secy flags delays in mine operations; lithium, nickel schemes soon

Mines Secretary Keshav Chandra said delays after clearances and lease signing were affecting mineral production, while lithium and nickel processing schemes are due soon

Govt extends green clearances for ports, dredging projects to up to 30 yrs

Environmental clearances for ports, harbours, breakwaters and dredging will be valid initially for 20 years, with extensions of up to another 10 years

India Inc failed to ramp up R&D spends despite '90s economic reform push

Cumulative spending on R&D was just $7.2 bn in FY26, against $61 bn spent by Alphabet alone in 2025

Govt allows easier exit from hybrid annuity highway projects under new MCA

The revised model concession agreement introduces harmonious substitution for stuck HAM projects and clarifies compensation for delays attributable to the authority