Page 22 - Industry News

Rajasthan plans overseas employment cell to boost jobs abroad for youth

Rajasthan to launch ROEFC to guide youth for overseas jobs with skill training, language support, international centres and safe migration assistance

Climate 'black swan' risks: Why investors are preparing for the worst

Climate risks are no longer just an environmental concern. Large investors are now studying whether climate tipping points could trigger sudden losses across financial markets

GLP-1 opportunity to lift domestic business at Indian pharmaceutical firms

The expanding domestic market for semaglutide-based weight-loss drugs is expected to help cushion weaker US sales for Cipla and Dr Reddy's after the loss of Revlimid exclusivity

Banks post modest treasury gains in Q1 despite softer bond yields

Banks booked modest treasury gains in Q1FY27 despite softer bond yields as they pared excess SLR holdings and sold government securities to support credit growth

Divi's Labs MD's payout tops ₹100 cr on commissions, leads industry peers

Divi's Laboratories MD Murali K Divi topped India's pharma executive pay chart in FY26 with ₹100.26 crore, driven almost entirely by profit-linked commission

Early birds set a strong Q1 tone as earnings growth hits an 11-quarter high

Early Q1FY27 results show corporate profit growth at an 11-quarter high, led by banks, Reliance Industries, IT services and metal companies

Banks align on Vodafone Idea's projections, seek promoter promise

Banks have largely agreed on Vodafone Idea's financial projections but want stronger promoter guarantees before approving ₹35,000 crore in fresh funding

AI data centres likely to be real-estate sector's next growth pillar

AI-led data centre investments are creating a long-term growth opportunity for real estate developers, though earnings gains are likely to materialise gradually.

Hydel projects to add 14,000 Mw by 2032-33, CEA Chairman reckons

CEA Chairman Ghanshyam Prasad says hydropower and pumped storage projects will underpin India's renewable energy expansion, with approvals and clearances being expedited

Escalation of conflicts in West Asia, Europe dims hopes of fuel price cuts

Escalating conflicts in West Asia and Europe are driving diesel refining margins higher, delaying fuel price cuts and increasing losses for Indian oil retailers

With $21 bn subsidy bet, India may emerge among top five semicon players

India's $21-billion semiconductor push aims to place the country among the global top five by 2032, but attracting larger private investment remains the key challenge

Power ministry proposes mandatory star rating rule for large buildings

The draft rules will apply to buildings and building complexes with a proposed built-up area of 20,000 sq m or more, with ratings valid for 10 years

NITI to review industrial corridor framework to speed project execution

The review is being undertaken under the guidance of the High-Level Committee on Implementation of Viksit Bharat Goals (HLC-VB), chaired by NITI Aayog member Rajiv Gauba

Technology that succeeds in India can succeed anywhere in world: BITS VC

The renowned academician said India cannot become a global innovation hub merely by building more companies around technologies developed elsewhere

IHCL, IPO-bound Prism among top 10 firms in Hurun India real estate list

Tata Group-owned IHCL and IPO-bound Prism, the parent of OYO, are the only hospitality companies in the Hurun India Real Estate 150 rankings, with Prism more than doubling its valuation to ₹67,200 cr

Downstream aluminium industry seeks duty relief to boost competitiveness

Downstream aluminium manufacturers have urged the Centre to reduce customs duty on primary aluminium and scrap, saying high input costs are hurting MSMEs' competitiveness and squeezing margins

Semicon 2.0 equity norms to boost chip design investment: IT secy

The government plans to co-invest with private investors under the ₹1.27 trillion Semicon 2.0 programme to help Indian firms develop advanced semiconductor designs, including chips for AI applications

Solar cell ALMM exemption extended for net-metering, open access till Dec

The exemption applies to net-metering projects and open access renewable energy power projects, but the ministry said there will be no blanket extension for solar projects

Govt extends exemption for net metering, open access RE projects till Dec

The ministry clarified that there will be no change with respect to the implementation of Approved List of Models & Manufacturers (ALMM) List-II for solar PV cells

AI, qcom platforms key drivers in food processing sector's growth: Report

Consumer behaviour has changed on qcom platforms, with demand being split between value purchases and premium products that are also defined by clear labelling and health benefits