Page 24 - Industry News

Three new business dailies set to launch in South India in next four months

The New Indian Express group is planning a national financial daily from Kochi, while Kumudam is preparing a bilingual Tamil-English business newspaper from Chennai

Centre imposes strict curbs on sale of four nerve-relaxing drugs

Move follows expert concerns over potential misuse and intoxication; retailers will have to maintain detailed sales records for the four CNS medicines under Schedule H1

₹2,008 cr investment push for Paradip port to speed up cargo movement

Seven projects worth Rs 427.8 crore were inaugurated, while concession agreements for three mechanisation projects involving around Rs 1,580 crore were signed

NCLT admits Reliance Entertainment Studios to insolvency over ₹11.94 cr

Mumbai bench holds Rs 20 crore paid by Pen India towards film release as financial debt under IBC, imposes moratorium and appoints interim resolution professional

Govt unveils ₹62,500 cr mobile manufacturing scheme, incentives up to 5%

Five-year scheme offers production-linked incentives and additional benefits for domestic sourcing of key components, while providing support for Indian mobile phone brands

FSSAI's labelling rules could have wider ramifications for food brands

Scrutiny of terms such as healthy, natural and 100 per cent, restrictions on 'energy drink' branding and possible front-of-pack warnings could force companies to rethink packaging and positioning

India bets on battery storage boom to reduce rising solar power losses

Projects that are not equipped with battery storage are unlikely to find buyers, with almost 42 gigawatts of planned capacity yet to sign offtake contracts, Renewables Secretary Santosh Kumar Sarangi

Can India sell E10 alongside E20? The logistics challenge explained

As E20 becomes the nationwide petrol blend, the question is whether India's existing fuel network can accommodate E10 alongside it. Here's what experts have to say

Govt orders removal of Google Firebase accounts after spotting scam pattern

Online scams have ​become one of India's most pressing law enforcement challenges, with Indians losing nearly $2.4 billion in alleged cyber fraud in ​2025, according to government data

Microdrama boom: Why studios are betting despite shaky platform economics

India's microdrama audience is growing rapidly, but monetisation remains a work in progress

Govt set to approve $1.2 billion incentive plan to make building equipment

The new scheme has been designed after assessing the incentives required to make local production viable against ‌the country's existing import dependence

Meesho expects to create 1 million seasonal jobs during festive season

The projected employment generation includes approximately 650,000 jobs across its seller network and about 375,000 roles across its logistics operations

As AI changes pricing, IT firms see uptick in outcome-based deals

AI is pushing Indian IT companies towards outcome-based pricing, with newer deals increasingly linking payments to measurable business results

Wyndham to check into India's branded residences market by year-end

Hotel major plans to add over 7,000 rooms through 55 new hotels, taking its India portfolio to 150, while expanding into larger properties and tier-1 cities

Memory price surge squeezes sub-₹10,000 smartphone segment in India

Rising memory prices have crushed India's sub-Rs 10,000 smartphone segment, forcing brands to raise prices and shift entry-level models into higher price bands

AI lifts demand for flexible office spaces as firms seek workplace agility

AI-led hiring and workforce uncertainty are boosting demand for flexible offices, as enterprises favour scalable workspaces and GCC expansion drives leasing activity

Longer life for clean-fuel vehicles may improve ownership costs: Industry

Centre's proposal to extend the regulatory life of eligible clean-fuel commercial vehicles by five years could improve TCO and residual values, but battery costs remain a concern

Govt allows 1 mn tonnes of raw sugar imports to curb domestic price rise

India will import 1 million tonnes of raw sugar at nil duty to curb record domestic prices ahead of the festival season and ease concerns over dwindling stocks

FPIs pile into financials, extend IT buying in first half of August

Financial services drew Rs 6,535 crore in FPI inflows between August 1 and 15, while IT stocks attracted another Rs 2,530 crore after strong buying in July

SC retains 1978 industry test for old disputes, leaves new labour code open

Pending and concluded matters under the Industrial Disputes Act will remain governed by the Bangalore Water Supply test, while the new Code's definition will be interpreted independently