Page 2 - Industry News

AI-led data centre boom lifts power demand in western, southern India

Year-on-year power demand has risen about 3 per cent, led by AI-driven data centres and GCC clusters in southern and western India, signalling higher peak electricity needs in 2026

M&A activity in power sector gathers pace as PPAs drive up valuations

Accelerating power demand, revival of long-term PPAs, stronger plant load factors and attractive valuations are triggering a fresh wave of M&A activity across thermal and renewable assets

Centre has no plan to bring back farm laws: Shivraj Chouhan at BS Manthan

At BS Manthan, Shivraj Singh Chouhan said the Centre has no plan to revive farm laws and is preparing a national and crop-wise roadmap to raise output, ensure fair prices and boost farmer incomes

Indian tech industry revenues to grow 6.1% to $315 bn in FY26: Nasscom

The revenue growth in FY26 increased marginally to 6.1 per cent in FY26 from 5.9 per cent in FY25 despite the headwinds, it said

Being consumer-centric key for FMCG brands: ITC's Sanjiv Puri at BS Manthan

At Business Standard's Manthan summit, ITC Chairman Sanjiv Puri said that consumer-centric growth, stronger R&D investment and deeper AI adoption are essentials for FMCG sector

Skye Air begins drone, AI-powered doorstep deliveries in Gurugram

Ankit Kumar, Founder and CEO of Skye Air Mobility, highlighted the company's progress in drone-based logistics and its new global collaborations

Black Swan's Nassim Taleb warns on software bankruptcies, more volatility

While AI will generate enormous profits, he cautioned that history suggests early pioneers are often displaced

BS Manthan kicks off today with top voices convening for 2 days of insight

The audience, across two auditoriums at Bharat Mandapam as well as online, have much to look forward to as the third edition of BS Manthan will take the narrative on India's future to a new level

Clouds of uncertainty: AI disruption puts India's IT sector in rethink mode

Industry converges at 34th Nasscom Technology & Leadership Forum 2026 beginning today

Salary growth may ease to 9.1% in 2026; GCCs, pharma may be outliers

India Inc's salary growth is projected to ease to 9.1% in 2026, with GCCs and pharma firms leading increases as companies prioritise skill-based rewards, variable pay and talent retention strategies

Ghaziabad, Meerut the new prime addresses for real estate companies

Firms upbeat as Delhi-Meerut RRTS now fully operational

Slow order awards, execution key concerns for infrastructure sector

Slow road awards and execution delays weigh on infra firms in Q3FY26, though FY27 Budget capex push and toll growth offer medium-term support

CDSCO tightens quality net with audits, scientific cadre overhaul

Planning to outsource GMP audits to agencies certified by QCI; onboard 1,500 experts to review drug applications

Govt will fund major EU compliance costs for SMEs, says Piyush Goyal

Piyush Goyal says the government will fund key compliance costs for small exporters needing EU approvals under CBAM and REACH, as India expands trade deals and targets $2 trn exports

Rooftop solar power installations at record 3 million households: Joshi

India's rooftop solar installations have crossed 30 lakh households, with MNRE officials stressing the need for digitised DRE data, real-time monitoring

Gurugram overtakes Mumbai to become India's top luxury housing market

Gurugram has surpassed Mumbai in luxury housing sales for the first time in five years, driven by HNI demand, new micro-markets and major infrastructure upgrades, a new report shows

Telcos dial up home broadband battle: Vi and Starlink join Jio, Airtel push

Jio and Airtel scale up for 100 million homes, with Vi and Starlink joining the race

Will comply with NCLAT order on data sharing: WhatsApp to Supreme Court

The court is also seized of a cross-appeal filed by the CCI, assailing the NCLAT ruling to the extent that it allowed WhatsApp and Meta to continue sharing users' data for advertising purposes

MOL in talks with Indian OMCs for joint ownership of oil carrier vessels

Mitsui O.S.K. Lines is holding talks with Indian OMCs for joint ownership of oil carriers as it plans to expand its India-flagged fleet by 60-70% amid rising focus on domestic shipbuilding

Mumbai ITAT ruling offers major tax relief for home redevelopment projects

A Mumbai ITAT ruling allows full indexed cost of acquisition and Section 54 exemption on multiple floors received after redevelopment, offering significant relief to homeowners facing LTCG disputes