Page 229 - Industry News

BSES offers 69-89 per cent discount on ACs, fans for Delhi residents

The scheme aims to promote energy efficiency by enabling Delhi households to replace old ACs and fans with new energy-saving models at discounted rates

India eyes rare earth magnet incentives amid mounting supply concerns

To reduce its dependence on China for rare earth magnets, India is offering financial incentives to companies and drafting a plan to partly subsidise the price gap with Chinese imports

Over 50% of GCCs in India cite talent retention as top concern: Study

GCCs in India face rising attrition and a shrinking entry-level workforce as mid-senior roles grow, prompting a need for deeper investment in employee engagement

White collar hiring up 22% in May from consumer electronics sector: Report

White-collar hiring in India went up 22 per cent in May mainly fuelled by the surge in recruitment in the consumer electronics sector, according to a report on Thursday.

Cement firms volumes grow, but realisations decline in Q4 amid weak pricing

In Q4 FY25, pan-India cement prices stood at ₹362 per bag, down by 3 per cent year-on-year

India needs 6,900 acres land, $9 bn EV infra investment by 2030: Report

In high-adoption scenario, the required investments will be $9 billion while $7.5 billion will be needed in the case of medium adoption

Liquor market: Microbreweries get a fresh fund pour to scale up biz

A microbrewery is a small-scale brewery that produces limited quantities of beer, typically upto 10 hecta litres per batch

Domestic stainless steel use grows 84% in 5 yrs to 4.8 MT in FY25: ISSDA

As per the data, in FY 2020-21 the consumption of stainless steel in India was at 2.61 million tonnes. It rose to 3.46 million tonnes (a rise of 33 per cent (y-o-y) in FY 2021-22

India coal-fired power output falls at fastest pace in five years in May

India's coal-fired power generation fell 9.5 per cent in May on an annual basis to 113.3 billion kilowatt-hours (kWh)

India's IT giants can't afford to sit out the AI race, says senior official

Infosys, TCS ramp up GPU investments and staff upskilling to pivot from service delivery to proprietary AI products. "Surviving without AI will be very difficult," says MeitY's Abhishek Singh

After a dull 2024, pay bump at top campuses for MBA, BTech graduates

Median annual salaries at top 10 MBA colleges may rise to ₹26 lakh in 2025 from ₹24 lakh; At top 10 BTech colleges, compensation could rise to ₹17 lakh from ₹16.3 lakh

India doubles down on AI with Rs 10,000 crore fund, 50,000 GPU ambition

With another round of bidding closing in early June, Abhishek Singh, Additional Secretary at the MeitY anticipates an additional 15,000 to 16,000 GPUs will be secured

Datanomics: RCB conquering 22 yards to topping billboards after IPL triumph

With the wait for the title now over, the question arises whether brand RCB can eclipse the valuation of CSK and MI -- the top two franchises in the brand ecosystem in the recent past

Shanti Ekambaram tops Hurun India 2025 list of women professionals

The Candere Hurun India Women Leaders List 2025 covers 97 women across nine categories, including top professionals, entrepreneurs, investors, artists and influencers

Funding in climate-tech startups cools but VCs signal a greener future

Funding in India's climate-tech startups fell from $2.4 billion in 2022 to $1.5 billion in 2024, with capital needs, scale issues and slow adoption posing key challenges

Bangladesh unrest cuts India's medical tourism revenue by up to 35%

India sees sharp fall in Bangladeshi medical tourists in FY25 as regime change and visa curbs hurt Apollo and Manipal revenues; recovery expected only by FY26

IndiaAI Mission: Large IT, AI firms may not get govt nod to make LLMs

Meity says these firms can obtain GPUs on their own

Virat Kohli gets elusive silverware, IPL champion RCB bags brand title

RCB's first IPL title adds brand momentum but experts say Kohli's brand value remains unchanged while PBKS under Iyer emerge as a serious branding contender

Hospitality giant Hilton to bring the Waldorf Astoria to Delhi's Aerocity

Hilton signs Waldorf Astoria and Hilton Hotels property in Aerocity with DIAL, aiming to boost its India footprint with luxury and flagship brands in the capital

NPPA fixes retail prices for 41 drug combinations, including empagliflozin

The NPPA has capped prices for 41 drug combinations including diabetes, cholesterol, and sleep disorder treatments, citing steep price drops and growing generic availability