Page 21 - Industry News

No significant business outcome from AI despite heavy spend: Survey

Despite growing investment in AI-enabled sales training, organisations struggle to link adoption with business outcomes, according to an upGrad Enterprise survey

Heatwaves, urbanisation drive record power demand, reshape energy planning

A record peak demand of 271 GW in May underscores the growing impact of heatwaves, urbanisation and electrification, while raising fresh questions about grid resilience and energy planning

India's ship certifier de-classed 235 vessels over sanctions since 2023

Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil tankers and also a few gas carriers, the non-profit organisation's Executive Chairman Arun Sharma said

Heatwaves hit apparel output, worker health across India: NYU Stern report

Study of garment factories across five states finds rising temperatures are hurting worker health, reducing productivity and disrupting output in apparel supply chains

Royalty rate cuts aim to reduce costs, boost oil and gas exploration

While lower royalties are expected to improve project viability and attract investment, concerns remain over poor prospectivity data, limited discoveries, and competition from more attractive regions

Dark patterns cost Indian online shoppers up to ₹28,000 cr a year: Study

A Datum Intelligence study finds hidden charges and deceptive checkout practices are eroding consumer trust and putting more than Rs 55,000 crore in e-commerce spending at risk

Govt publishes rules for setting up coal exchanges to boost transparency

Public sector players can also use the platform to increase market participation

Indian online buyers lose up to ₹28,000 cr yearly to dark patterns: Report

The survey was conducted in the first quarter of 2026 among 2,590 consumers across 50 cities

Rajnath Singh approves 250 MW solar plant on defence land in UP's Sitapur

This is the first-of-its-kind project undertaken by the defence ministry involving the development of a large-scale solar power generation facility with integrated BESS support on defence land

Employers likely to scale back Q3 hiring plans amid global uncertainties

According to ManpowerGroup's latest Employment Outlook Survey, the Net Employment Outlook (NEO) for Q3 2026 stood at 48 per cent, down 20 points from the previous quarter

India Inc likely to see salary hikes of up to 10.2% in FY27: Report

The high-growth industries led by EV and EV Infrastructure are expected to register salary increments in the range of 9.6 per cent to 10.2 per cent, the report said

Heatwaves hit output at Indian apparel suppliers serving Uniqlo, Tesco

Research at 10 facilities in four regions found high temperatures are impacting product quality, delivery reliability and contributing to higher employee absenteeism during the peak summer months

Hotel giants bet India's local travel boom can defy economic slowdown

Hotel investments in India surged 67 per cent to $567 million last year, according to JLL, while demand is forecast to rise about 11 per cent annually over the next several years, outpacing supply

Relief for Airtel, Vi as Bombay High Court quashes OTSC spectrum levy

Bombay High Court quashed the DoT's one-time spectrum charge, offering major relief to Airtel and Vodafone Idea in a decade-old ₹20,000 crore dispute

TVK govt reaches out to industry amid policy continuity concerns

Tamil Nadu government engages industry leaders, expedites approvals and assures policy support as it seeks to retain investor confidence and sustain investment momentum

India's clean industry pipeline a $433 bn investment opportunity: Report

India now has the world's third-largest clean industry project pipeline, with 65 projects spanning clean fuels, chemicals and low-carbon manufacturing across 11 states

MNRE forms panel to review ALMM-II exemption requests for solar projects

Committee comprising officials from SECI, IREDA and NISE will examine requests for commissioning extensions beyond May 31, 2026, under the domestic solar cell mandate

India's GLP-1 market enters slower growth phase after semaglutide surge

After a near fourfold expansion driven by generic semaglutide launches, India's GLP-1 market is showing signs of moderation as patient onboarding growth slows

Energy output up, adequate power available: Rajasthan Energy Minister

Higher domestic generation and new solar-storage projects have reduced Rajasthan's dependence on power exchanges and strengthened supply during peak demand

India's engineering exports rise to $122 bn in FY26: Govt official

He said that engineering exports have expanded from nearly $70 billion in fiscal 2015 to $122.43 billion in the financial year ending March 31, 2026