Page 25 - Industry News

India has opportunity to shape AI-native govt: ServiceNow vice chairman

Asked how ServiceNow will drive AI use in public sector, Tzitzon spoke of need to maximise the quality of the services to the public in a way that minimises the need to consistently raise tax revenue

Apple, CleanMax join hands to invest ₹100 crore in India's energy sector

With the partnership, the entities aim to cater to the Commercial and Industrial (C&I) segment in the country with the deployment of clean energy projects

Eli Lilly's Mounjaro overtakes Merck's Keytruda as world's top-selling drug

Mounjaro generated $8.7 billion for Lilly in the first quarter of 2026, outperforming Merck's Keytruda, which posted sales of $7.9 billion

Prada faces a devil of dilemma, but India too has deeper issues to address

India's GI-tagged crafts like Kolhapuri chappals lack the strong global legal safeguards enjoyed by Western products such as Champagne, leaving traditional artisans vulnerable to misuse

Why Indian companies don't want to invest in India despite incentives

Despite tax cuts and reforms, India Inc remains wary of investing at home amid concerns over political unpredictability, policy risks and lack of administrative certainty

Mindspace Reit raises Rs 500 crore through 10-year NCD issuance

K Raheja Corp-backed Mindspace Reit has raised Rs 500 crore through a 10-year NCD issue to refinance debt and improve cash flow stability

Q1 2026 real estate sentiment weakens amid global uncertainty: Report

India's real estate sentiment slipped into pessimistic territory in Q1 2026 as global uncertainties, rising costs and cautious demand weighed on outlook

OpenAI, Anthropic move into services: What this means for Indian IT

As AI companies move closer to enterprise clients, the shift could disrupt the existing IT models and force firms like TCS and Infosys to adapt faster

Railways clears track for SCoR after years of Odisha-Andhra tug of war

The Centre has notified South Coast Railway as Indian Railways' 18th zone, ending years of administrative and political negotiations over the revenue-rich Waltair division

Reliance Industries plans Jamnagar refinery shutdown starting late May

Reliance Industries is likely to begin maintenance shutdown at its Jamnagar refinery after Nayara Energy resumes operations, amid efforts to ensure fuel supplies

Seci invites bids for 500k tonne green methanol supply under SIGHT scheme

Seci has floated a tender for supply of 5 lakh tonne per annum green methanol under the SIGHT programme of the National Green Hydrogen Mission

Manufacturing sentiment improves in Q4 despite rising cost pressures: Ficci

India's manufacturing sector remained resilient in Q4 FY26 despite rising input costs and geopolitical disruptions, according to Ficci's latest survey

India's GCC revenue nears $100 billion as AI drives sector growth

India's GCC ecosystem crossed 2,000 centres and generated nearly $100 billion in revenue in FY26, driven by AI adoption, higher-value work and skilled talent

Amazon opens its supply chain to all: Can Indian logistics firms keep up?

Amazon has opened its logistics network to all businesses, intensifying competition for global and Indian delivery firms and raising questions on pricing, margins, and scale

Manufacturing sentiment positive in Q4 despite higher costs: Ficci survey

Responses have been drawn from over 250 manufacturing units from both large and SME segments with a combined annual turnover of over ₹8 lakh crore

Centre appoints Shashi Shekhar Vempati as new chairperson of CBFC

An alumnus of the IIT Bombay, Vempati is an author and also the co-founder of the AI4India Org, which works towards democratising access to Artificial Intelligence technology

Cold-rolled formed engineering solution cuts mining scrap by 80%: Experts

The shift toward precision-driven cold roll-formed engineering is emerging as a key enabler -- reducing waste, lowering costs, and improving long-term performance across mining operations

Andhra min lays foundation stone for Carrier Global's ₹1,000 cr AC facility

The facility is expected to generate employment and livelihood opportunities for around 3,000 people, both directly and indirectly, while strengthening the state's manufacturing ecosystem

India's flexible workspace market may expand up to 18% due to GCCs: Crisil

India's flexible workspace market is projected to expand sharply over the next two fiscals, driven by rising demand from GCCs, corporates and start-ups, with credit profiles expected to remain stable

Temperatures on the rise, online platforms offer relief to gig workers

E-commerce and food delivery firms step up cooling infrastructure, insurance cover and welfare measures for gig workers as rising temperatures and heatwave warnings intensify across India