Page 24 - Industry News

Vaishnaw cautions industry on cyberattacks, threats to India's chip rise

As many countries look to India as a trusted partner and develop and manufacture their products here, the Minister said India cannot afford to take its position lightly and must stay vigilant

FMCG firms likely to hold prices through festive season amid cost pressures

Leading industry executives said companies have already gone for judicious increases of around 2-5 per cent in the June quarter to partly offset higher input costs

NMDC looks to hit 60 MT iron ore production mark this fiscal: Chairman

Aligned with the National Steel Policy 2017, which targets an installed domestic steelmaking capacity of 300 MT by 2030-31, NMDC aims to scale its output to 100 MT during the period

Indian Railways approves safety, infra projects to improve efficiency

The approved project will extend Kavach 4.0 coverage across the identified balance sections of the division, strengthening the safety infrastructure available for train operations

Chip majors beeline for Semicon to build wider ecosystem with Indian talent

Semicon India 2026 drew global semiconductor firms seeking to expand in India, with ASML, Applied Materials and Lam Research announcing plans

One must not be deterred by setbacks, should aim high: Chandrasekaran

Noting that fear of failure stops progress, Chandrasekaran said every failure is a step forward and every success builds confidence

Non-fossil sources make up 54% of India's power capacity: Bhupender Yadav

Yadav made these comments during the inauguration of the National Green Tribunal's (NGT) two-day international conference here on "The Future of Environment and Climate Dynamics"

IIT Bombay to partner with industry for new semiconductor design course

The proposed Electronic Design Automation programme will rely heavily on industry executives in its initial phase as academia struggles to keep pace with rapidly changing chip-sector skill requirement

Domestic demand, labour supply give India edge in semiconductor push: Bain

Addressing concerns over the availability of factory-floor technicians and cleanroom personnel, Thirumalai stated that the talent pipeline is being built alongside infrastructure

NTPC terminates 400 MWh BESS contract awarded to G R Infraprojects

NTPC has terminated a ₹413.37 crore contract awarded to G R Infraprojects for a 400 MWh battery energy storage project at its Mouda power station

Industry body CITI warns 100% US tariffs could hit Indian textile exports

Industry body says tariffs of up to 100 per cent on major buyers of Russian energy could make Indian textiles uncompetitive in the US, its largest export market

DTC drivers' strike over wage hike, other demands enters fifth day

Despite assurances from the Delhi government, drivers continued their protest, causing inconvenience to daily commuters

Festive season likely to generate 200,000-250,000 jobs in H2 2026: Report

Festive hiring is expected to grow 15-20 per cent as e-commerce, quick commerce, retail, logistics, hospitality and travel firms prepare for peak demand

Over 100,000 youth in UP to get govt jobs in next 6 months: CM Adityanath

Adityanath said more than 100,000 youth will get government jobs in the next six months

India to host first national electronics, export summit in Feb: ICEA head

ICEA plans the inaugural Bharat Electronics Manufacturing and Export Summit in February 2027, while industry bodies debate whether major electronics events should be held together

POSH complaints at Nifty 50 firms rise 4.6% in FY26 as awareness grows

Nifty 50 firms reported 1,327 POSH complaints in FY26, up 4.6% from a year earlier, with experts attributing the rise partly to greater awareness and confidence in workplace redressal mechanisms

Cough syrups may soon get a red warning against use for children under 4

Drug regulator proposes prominent age warning and pictorial label on cough syrups; the move comes after continued concerns over use of such medicines in very young children

EIL expects order boost as Gulf seeks to bypass Strait of Hormuz

EIL expects order inflows from Saudi Arabia, UAE and other West Asian markets to accelerate as Gulf nations invest in infrastructure aimed at reducing dependence on the Strait of Hormuz

Takeda eyes 100 million annual dengue vaccine capacity with Bio E by 2029

Initial QDENGA doses for India to come from Germany; private-market launch planned in H1 2027

Coal stocks at power plants hit three-year low amid demand, transport woes

Coal stocks at thermal power plants fell 42 per cent to 29 MT in August as demand rose, while transport bottlenecks slowed inventory replenishment, Crisil says.