Page 19 - Industry News

Govt counters Musk, says satellite clearance process non-discriminatory

Elon Musk says Starlink can fill gaps left by mobile services; posted on X earlier that 'certain oligarchs' were blocking its India entry

Centre to cap trade margins on non-scheduled cancer drugs at 30%

Move could cut MRPs by up to 70%, save patients ₹2,500 crore annually; comes amid SC scrutiny of high mark-ups

Eutelsat OneWeb awaiting govt nod: Bharti Enterprises chairman Sunil Mittal

Bharti Enterprises Chairman says the group's satellite services would begin 'hopefully soon' in India

'Wait till you discover other guy': Rahul responds to Musk's 'Ambani' post

Musk questions whether Mukesh Ambani is the "real boss of India"; government says security clearances are pending for all three satcom licensees

Transporters welcome GST Council move to curb repeated checks on highways

Transport industry bodies say the GST Council's decision to limit highway inspections to intelligence-based checks will reduce unnecessary stoppages, delays and penalties

FSSAI issues notices to Dr Reddy's, Nestle, Flipkart over misleading ads

The regulator also suspended Shreyash Retail's licence over expired and rotten food products and sanctioned prosecution against Nex International over excessive pesticide residues

Datanomics: India's health spending tilts towards private hospitals

Nearly $10 billion in global private equity has flowed into Indian hospital chains in five years, underscoring the growing role of private healthcare in meeting demand

India, Singapore plan 3,000-km cross-border power link via ASEAN nations

The proposed 2,000 MW interconnection from Imphal to Singapore through Myanmar, Thailand and Malaysia aims to boost electricity trade, clean energy integration and regional energy security

ReNew signs MoU with Maharashtra for ₹70,000 crore green data centre park

The proposed 750 MW integrated green data centre park will be developed across locations in the Mumbai Metropolitan Region, with operations expected to begin in 2028

IPM volume growth at 3.4% marks 2-yr high on steady demand across therapies

Volume growth reached 3.5 per cent, the highest in two years, while pricing rose about 6.2 per cent as most therapy segments recorded stronger demand

Honeywell to deliver eight HTT-40 aircraft engines to HAL by end of 2026

Honeywell Aerospace expects to complete the initial 16-engine supply ahead of its mid-2029 deadline as it strengthens supply chains and explores technology transfer opportunities in India

ePlane, Noida International Airport tie up to build eVTOL ecosystem

The partnership will cover vertiports, charging stations, operating procedures and regulatory coordination for ePlane's e200X electric air taxi and emergency services

India's dealmaking broadens: 255 M&As worth $13.2 bn in Q3 of 2026

Deal volumes rose 7% from the previous quarter, while deal values fell 53% from $27.9 billion in Q2

Awaiting approval of Satcom services: Bharti Airtel's Sunil Bharti Mittal

Musk had alleged that 'certain oligarchs' were blocking Starlink to protect their monopoly in India, while Mittal said Eutelsat OneWeb also needs spectrum and security clearances

Manufacturing adds 1.4 million jobs as investment grows in FY25: Mospi

The latest ASI shows manufacturing employment crossing 21 million, with stronger investment, higher wages and continued growth in output and value addition

Power Ministry sets market-rate norms for transmission land compensation

RoW disputes have been a constraint on transmission-line construction, particularly projects meant to evacuate renewable energy

Air India to offer physical SIM, eSIM for passengers travelling abroad

The Air India-branded EasyRoam service, developed with Tata Communications, will offer voice and data connectivity through physical SIM cards and eSIMs for international travellers

Dashboards, drum jams and delivery convoys kick off India's shopping season

From Bengaluru to Kargil, Flipkart and Amazon race to deliver as online festive sales are projected to grow up to 29%

PM Modi calls for global framework to tackle cyber fraud, deepfakes

Speaking at India Mobile Congress 2026, Modi said digital crimes can span multiple countries and called on govts, tech firms, telecom operators and financial institutions to coordinate their response

Starlink's India entry: Why Musk's satellite internet launch is stalled

Elon Musk's Starlink has spent nearly five years preparing to enter India, securing key licences and building infrastructure, but its commercial satellite internet service is yet to launch