Page 23 - Industry News

Coal India auctions dip 6% to 30.5 MT in April amid West Asia energy shock

The dip comes against the backdrop of ongoing geopolitical tensions in West Asia, a key oil-producing region, which have spiked global energy prices and prompted power plants to ramp up coal usage

Women-led households linked to better quality jobs: SBI Research

SBI Research analysis of PLFS 2025 data found women-headed households are associated with higher regular wage employment and lower dependence on casual labour

West Asia conflict highlights need for India to build natural gas reserves

Rising import dependence and supply disruptions amid West Asia tensions underscore the urgency for India to build strategic natural gas reserves and strengthen LNG storage capacity

CII seeks phased restoration of fuel excise as crude prices stabilise

Industry body proposes gradual rollback of petrol and diesel duty cuts alongside measures to support MSMEs, energy conservation and supply-chain resilience

For Indian IT, OpenAI, Anthropic may redraw enterprise tech battle lines

OpenAI and Anthropic's PE-backed AI services push could challenge traditional IT firms as model companies move closer to enterprise workflows and execution layers

West Bengal's stalled infrastructure projects to get double-engine boost

Integration of Bengal into global supply chain one of BJP's election pitches

FMCG firms bracing for another round of price increases amid inflation

Executives of FMCG makers, which have already gone for recent price hikes of around 3 to 5%, in latest earnings calls have indicated either ongoing price increases or readiness to raise prices further

India's M&A market resilient despite global uncertainty: StanChart's Singhi

Standard Chartered's Rajesh Singhi says outbound acquisitions, financial services and EMS are driving deal activity despite geopolitical uncertainty and higher interest rates

Office Reits tap hospitality to strengthen integrated campus ecosystems

Mindspace, Embassy and Bagmane Reits are adding hotels to office parks to support business travel, tenant engagement and integrated campus development

New Labour Rules may pave way for four-day workweek in select sectors

The Centre's final rules under the four Labour Codes allow flexible distribution of 48 weekly work hours, opening scope for four-day workweeks in some industries

CII seeks phased fuel excise rollback as pvt sector capex hits ₹7.7 trn

India's private capex surged 67% to ₹7.7 lakh crore as CII urged industry to boost investment, support MSMEs and prepare for global disruptions

Swiggy, Magicpin say delivery times improving as gig workers return

Anshoo Sharma, Founder and CEO of magicpin said the return of delivery riders is helping improve rider availability across food delivery platforms

'Mining CSR must sync with national priorities for sustainability'

Encouragingly, most CSR interventions today are broadly aligned with national priorities such as healthcare, education, sanitation, skill development and cultural upliftment

CDSCO asks firms to file safety reports from launch date of new drugs

The CDSCO said such a practice results in the loss of "valuable safety insights" that are critical for monitoring adverse effects and ensuring patient safety after commercial roll out of medicines

When workplace clashes with your ethics: The problem of 'moral injury'

Moral injury is no longer confined to doctors and nurses, with workers across sectors increasingly facing psychological distress when corporate decisions clash with personal ethics

Gujarat launches 870 MW battery storage systems for for RE grid stability

Battery Energy Storage Systems (BESS) are essential for storing electricity generated from solar and other renewable sources. They help manage additional load and maintain grid stability

Industry leaders congratulate Suvendu Adhikari on taking oath as Bengal CM

RPG Group chairman Sanjiv Goenka, who called it "a historic moment for West Bengal", said the state has "great expectations" from Adhikari

Respiratory drug sales rise 17.7% in April on seasonal flu, asthma rise

Respiratory drug sales outpaced overall pharmaceutical market growth in April, driven by seasonal flu, pollution, and rising asthma and COPD cases

Generic GLP-1 sales increase, but innovators retain market share

Over 25 versions of weight-loss drugs currently available in the market

West Asia war impact: Domestic sales of construction equipment fall 6.7%

ICEMA executives cautioned that the ongoing conflict in West Asia and disruption around the Strait of Hormuz could continue to create short-term challenges for the industry