Page 23 - Industry News

Indian refiners defer maintenance shutdowns to meet local fuel demand: Govt

However, Nayara Energy will shut its 400,000 barrels per day Vadinar refinery for maintenance from April 9, tightening supply of ​liquefied petroleum gas in the country, she said

TDI Infratech to invest ₹750 crore in 150-acre township project in Ludhiana

In the township, the company said it will build luxury group housing, residential plotted developments and low-rise independent floors, targeting both end-users and long-term investors

Factories' tally in Uttar Pradesh jumps 17% to cross 32,000 mark

Uttar Pradesh's factory count crosses 32,000, reflecting a sharp rise in manufacturing activity driven by policy push, infrastructure growth and investor-friendly reforms

NMDC hikes iron ore prices by up to 11.1% with effect from April 5

The company, which is the country's largest iron ore producer, has increased the prices with effect from April 5, 2026

IEX sees highest-ever electricity traded volume of 141 BU in FY26

In financial year 2025-26, a total of 18.72 million Renewable Energy Certificates were traded in IEX, marking a 5 per cent year-on-year increase, according to a statement

Foreign firms lease record 9.1 mn sq ft office space for GCCs in Q1: CBRE

As per the data, the total gross leasing of office spaces rose 5 per cent across top 9 cities to 20.7 million square feet in January-March from 19.7 million square feet in the year-ago period

West Asia war hits henna exports from Rajasthan's Sojat, cargo stuck

Traders say the continuing conflict has severely impacted business operations, with its ripple effects being felt across countries, cities and even rural markets

CII asks Finance Ministry for fiscal support amid West Asia crisis

Industry body proposes credit support, tax relief and policy steps to shield MSMEs, exporters and energy-intensive sectors from disruptions caused by the ongoing West Asia crisis

Domestic OMCs to pay discounted rates to refiners amid fuel price freeze

The discounted rates, which are applicable with effect from March 16, will hit standalone refiners such as MRPL, CPCL and HMEL the most

The new retail clock is ticking, and it's just 60 minutes to your closet

60-minute fashion delivery is reshaping retail, as stores double as fulfilment hubs and brands test new economics in India's fast-evolving Q-commerce landscape

An oil shock, a green opportunity for India's clean energy transition

A global supply squeeze is nudging India faster towards renewables, even as China stays far ahead

Payments industry must target beyond growth as RBI shifts focus to risk

As RBI pivots to risk and resilience, India's payments sector is evolving from a high-growth story to one driven by governance, trust and global integration

Companies must take responsibility: Nites flags AI-driven layoffs

Nites has argued that although tech profits remain strong, weakening job security raises serious questions about corporate responsibility and accountability

CII 20-point agenda calls for coordinated response amid West Asia crisis

CII proposed that priority sector lending (PSL) norms may be revisited to enable banks to respond more flexibly to sector-specific stress during external disruptions

Iran war keeps home price growth under check across top 7 cities: Report

Anarock data showed that the average housing prices across seven major cities rose to Rs 9,456 per square feet in January-March from Rs 9,260 per square feet

TV industry bracing for drop in sales as Iran war push up production costs

Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices

'DPDP rollout to enhance enterprise accountability, compliance standards'

63SATS Cybertech, Managing Director, CEO & CIO, Neehar Pathare said under the DPDP regime, cybersecurity will no longer remain just a technical function but will be a critical pillar

FMCG firms report steady growth in Q4 despite geopolitical headwinds

The makers, such as Marico, Dabur and AWL Agri Business (formerly Adani Wilmar), have reported growth in both volumes and value, driven by pricing actions and resilient domestic consumption

Railways registers strong FY26 growth with record freight, passenger gains

Rail operations remained robust throughout the year, with approximately 25,000 trains running daily, ensuring widespread connectivity

Energy mix needed to meet long-term power demand: Union Power Secretary

He noted that decentralised solar projects under the PM-KUSUM Scheme have gained momentum in Rajasthan, but also flagged challenges related to the grid integration of solar power