Page 26 - Industry News

Govt extends bid submission deadline of auction round OALP-X to May

OALP-X is the largest bid round so far, offering 25 blocks spread over thirteen sedimentary basins, covering an area of 1.82 lakh sq km

Pernod Ricard launches inquiry after raid on its warehouse in Rajasthan

Pernod Ricard launches internal probe after Rajasthan officials find Ballantine's labels on bottles of cheaper local liquor during a warehouse raid

Maharashtra govt signs MoUs worth over ₹48K cr with auto, steel firms

Maharashtra signs ₹48,000-crore investment MoUs for Vidarbha, with Mahindra's ₹15,000-crore Nagpur plant anchoring the push to build an auto and steel hub

Air India opens new lounge at Delhi airport; CEO says exciting time

The airline will also be opening lounges in San Francisco, New York and other cities

Truck rentals flat in January; EV and CV sales sustain momentum: Report

India's mobility sector opened 2026 on stable footing, with truck rentals holding steady month-on-month, healthy year-on-year growth across routes, and strong demand for EVs, SUVs, freight transport

DoT sets up 2-member committee to reassess Vodafone Idea's AGR dues

AGR reassessment comes as part of DoT's January relief package, with dues frozen at ₹87,695 crore and payments deferred till FY36

Draft rules, forms under new I-T law likely this week for consultation

Draft rules and forms under the Income Tax Act, 2025 are set to be released this week, ahead of a phased transition from the 1961 law starting April 1

Govt rolls out startup status for deeptechs, extends recognition to 20 yrs

The government has formally recognised deeptech startups, extending Startup India benefits to 20 years and raising the turnover limit to Rs 300 crore

Age limits for social media under review, govt to take a call: IT secy

Last week, the Economic Survey had said age-based access to online platforms should be considered while also cutting down online teaching to avoid digital addiction

SC paves way for NBCC to complete stalled Supertech housing projects

To prevent further delays, the Court also restrained all tribunals and High Courts from issuing orders that could obstruct or slow down construction activity undertaken by NBCC in this case

JetSynthesys buys first global game asset, taps global player engagement

Pune-based gaming firm enters global IP ownership, eyes emerging markets and 20x revenue growth over five years

India may need 2.7 bn sq ft of new academic infrastructure by 2035

India's higher education sector could require nearly 30,000 acres of new campus land and 2.7 billion sq ft of academic infrastructure by 2035, driven by rising enrolments and policy ambitions

Mumbai court rejects plea seeking probe against Sebi, BSE and NSE officials

A Mumbai anti-corruption court dismissed a plea seeking a probe against Sebi, BSE and NSE officials, calling it frivolous, unsubstantiated and an abuse of process

Centre notifies strict rules to curb illegal offshore mineral mining

Centre has rolled out new regulatory framework for offshore minerals, mandating real-time vessel tracking, digital transit permits, stricter export clearances to prevent illegal mining and transport

Non-animal testing can cut drug costs by up to 90%, says report

Dr Reddy's, Biocon and Sun Pharma are exploring human-based testing methods that could halve drug development timelines and sharply reduce costs, while meeting global regulatory standards

India's single-specialty healthcare market to triple to over $12 bn by 2030

Report points to a structural shift in India's $54 billion healthcare market as focused, asset-light providers scale alongside large hospitals

Rajasthan govt's self-employment scheme drew 5K applications in 10 days

State government's interest-free loan scheme for young entrepreneurs sees strong early uptake across districts

UNESCO-listed Darjeeling toy train logs strong tourism, revenue growth

The toy train, which has been accorded UNESCO World Heritage Site status, earned ₹24.6 crore in 2025-26, up from ₹21.2 crore in 2024-25

Oberoi Realty tops bid for Railway land in Mumbai's Bandra for ₹5,400 cr

Mumbai-based Oberoi Realty has emerged as the highest bidder for an 11-acre Railway land parcel in Bandra East for ₹5,400 crore, securing development rights on a 99-year lease

ArcelorMittal sees EU steel tariffs boosting profits, capacity use

In October, the European Union proposed doubling tariffs to 50% on all steel imports above a reduced quota. That will be a boon for ArcelorMittal, when the new import regime comes into force