Page 221 - Industry News

Blue-collar gig jobs up 92% in 2024, led by last-mile logistics: Report

This reflects a rising dependence on flexible, on-demand labour, driven by the rapid expansion of e-commerce, food delivery, and ride-hailing platforms, said a report by Workindia

Govt launches ₹2.3-cr startup scheme to boost rooftop solar installations

This innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed renewable energy ecosystem

Most AI tools 'hallucinate'; not meant for Indian MSMEs : Vexoo Labs

Ajay Kumar, Senior Business Leader, AI Evangelist and a Board Advisor at Vexoo Labs said most AI tools today are built for showcase, not for reliability

As Bollywood fights OTT, Aamir releases Sitaare Zameen Par only in theatres

The latest attempt is by actor and producer Aamir Khan decided to release his film, Sitaare Zameen Par, exclusively in theatres

Schemes planned at various levels to promote permanent magnet manufacturing

The schemes could be under the National Critical Minerals Mission (NCMM), announced in January

Centre unveils portal to boost gender budgeting across ministries, states

Gender budget allocation increased by 4.5 times from Rs. 0.98 lakh crore in 2014-15 to Rs 4.49 lakh crore in 2025-26, WCD minister says

BSNL launches country's first indigenous 5g fixed wireless service

At present, Reliance Jio and Bharti Airtel have been providing 5G Fixed Wireless Service (FWA) by using their 5G spectrum

Nippon India MF, BlackRock, others buy 10% stake in Sai Life for ₹1,505 cr

These entities picked up more than 2.08 crore equity shares or 10 per cent stake in Hyderabad-based Sai Life Sciences, as per the block deal data on the BSE

US experts join ONGC effort to contain Rudrasagar gas leak in Assam

An expert US team has begun assessment at ONGC's Rudrasagar gas field where a gas leak continues for the eighth day as evacuation and control efforts intensify in Assam

TCS expands SDV capabilities with new centres in Germany and Romania

TCS launches automotive delivery centres in Munich and Villingen-Schwenningen and an engineering hub in Romania to support global shift to software-defined vehicles

Prices of South Delhi luxury independent floors up 105% in 3 yrs: Report

Investments by high-net-worth individuals, assured returns and connectivity among reasons for price jump

Insurers clock rise in parametric claims amid extreme weather events

Policy pays claims automatically when a predefined event meets a specific threshold

Impact of West Asia conflict on India Inc so far is limited: Crisil Ratings

The uncertainties have impacted global crude markets, with the Brent crude hovering in the range of $73 to $76 per barrel over the past one week

Cognizant gets 21-acre plot in Andhra for 99 paise to build IT campus

The land will be used for a ₹1,582.98-crore IT campus that Cognizant will build in Visakhapatnam, and which is expected to create about 8,000 jobs over a period of eight years

IPO-bound Kalpataru sells properties worth Rs 2,727 cr in Apr-Dec FY25

The company has fixed a price band of Rs 387 to Rs 414 per share for its Rs 1,590 crore initial public offering (IPO), which will open for public subscription on June 24 and conclude on June 26

India's response to obesity drug Mounjaro 'positive', says Eli Lilly

Mounjaro has sold more than 81,570 units in India, totalling about ₹23.94 crore ($2.76 million) as of May, with the drug logging a 60 per cent rise in overall sales between April and May

Air India flight grounded in Pune after bird hit; return leg cancelled

Air India cancelled eight international and domestic flights earlier on June 20, citing maintenance and operational issues

Lights, camera, crisis? Hindi films struggle despite 27% box office jump

Despite big box-office earnings, Bollywood insiders warn of dwindling theatre audiences, overdependence on big-budget films, and a growing shift toward OTT platforms

Foxconn eyes iPhone enclosure manufacturing in Tamil Nadu

Until now, only Tata Electronics has been producing enclosures in India, while Foxconn has concentrated on assembling iPhones at its Sriperumbudur plant

Govt plans ₹5,000 cr boost for rare earths amid China export curbs

Since April 2025, China's rare earth export curbs have caused global magnet shortages. At least five major Indian firms have informally shown interest in producing rare earth materials locally