Page 23 - Industry News

Govt mandates naming sterilisation subcontractors on medical device labels

Domestic firms have raised concerns, saying the move could make Indian medtech exports less competitive

Isro's new trajectory: Pvt sector to take lead in building launch vehicles

ISRO will focus on research, frontier technologies and big-ticket missions as private companies and PSUs take on launch vehicle manufacturing and operational scale

FSSAI suspends Marche Retail licence, issues order against SDP Industries

Food regulator suspends Marche Retail's licence for 30 days over serious non-compliance and bars SDP Industries from selling ghee over adulteration concerns

'India needs rapid battery storage expansion as renewable capacity rises'

Industry members have also cautioned against treating import dependence as a reason for slow deployment

Sales bookings of listed realty firms drop 21% amid fewer project launches

The housing segment contributed the bulk of the sales booking numbers

Rising steel, bitumen costs may taper construction equipment growth in FY27

Higher costs, geopolitical uncertainty and infra execution challenges have prompted the industry to lower its FY27 growth outlook to single digits from earlier expectations of double-digit growth

IIFCL initiates $1.8 bn external commercial borrowing fundraising programme

The mobilisation marks the first milestone in IIFCL's broader international fund-raising programme, following government approval to raise about $1.8 billion through ECBs

Top FMCG firms reshuffle leadership as industry navigates growth challenges

HUL, GCPL, Dabur, Britannia and Colgate-Palmolive India have changed top leadership in the past year as companies navigate uneven demand

Andhra approves ₹31,387-crore green AI data centre project in Visakhapatnam

The facility, proposed to be set up at Amanam village in Bheemunipatnam mandal, is expected to generate employment for up to 1,000 people, IT Secretary Bhaskar Katamneni said in a Government Order

FSSAI issued 150 notices to food brands over misleading ads in recent weeks

In a social media post, the Food Safety and Standards Authority of India (FSSAI) shared an update on its enforcement action taken against major brands in recent months

Karnataka Cabinet clears Bill allowing 5% park land for public projects

Under the amendment, up to five per cent of the total extent of any park or garden can be alienated for specified public purposes through sale, lease, gift, exchange or mortgage

Keralam seafood sector unveils plan to boost sustainable fishing, exports

A statement by SEAI said that stakeholders agreed on a roadmap to seek Marine Stewardship Council (MSC) certification for Keralam's key shrimp and cephalopod fisheries

Govt restricts 2-compound fixed drug combinations for children under 4

The government noted that the use of such combinations may pose risks to children below four years of age and that safer alternatives are available

Home ministry asks Google to remove fake bank pages on Firebase

The Firebase notices come amid a broader regulatory push to curb digital-payment fraud. The RBI's fraud-prevention measures broadly cover three areas

Nuclear power companies seek tariff clarity for SHANTI-led bets

Industry seeks market-aligned tariffs, long-term financing and a level playing field, while discoms call for predictability and a two-part tariff structure

Supreme Court ruling likely to narrow labour law coverage for workers

Experts say workers in some hospitals, educational institutions and service establishments could lose access to retrenchment safeguards and dispute mechanisms

India remains biggest foreign market for Chinese phone companies

India accounted for 34% of Vivo's global shipments in CY25 and 23% of Oppo's, while its share for Realme and OnePlus stood at 35% and 32%, respectively

1 paisa above gold rate: Joyalukkas wins tender for TVK's newborn scheme

Joyalukkas emerged as the lowest bidder for Tamil Nadu's Rs 755-crore scheme to provide 1-gram gold rings to 4.42 lakh newborn babies, quoting a symbolic service charge

PNGRB approves LPG pipeline infrastructure in ₹7K cr investment push

The new pipelines will traverse Telangana, Maharashtra, Uttar Pradesh, Uttarakhand, Karnataka and Goa, expanding the common carrier LPG network by nearly 23.5%

RE developers may exit plain solar, high-tariff hybrid projects: MNRE secy

MNRE has asked renewable energy implementing agencies to explore ways to secure power purchase agreements for stalled projects, including by changing their profile