Page 27 - Industry News

Nalco launches pilot plant to recover value-added products, rare earths

The facility, developed with IMMT and KIIT, will focus on recovering ferro-titanium alloy, metallic iron and rare earth elements, including scandium, from industrial residue

Reliance Jio's tariff plan change likely to set stage for tariff hikes

Jio Prime offers protection against tariff revisions until September 2027, while analysts say the membership structure could indicate an impending headline tariff hike

Delhi High Court bars Zydus from launching patented cancer drug

Zydus undertakes not to commercially manufacture or launch Dabrafenib until Novartis' Indian patent expires in May 2029; statutory Bolar rights remain protected

500-plus exhibitors, 290 companies to feature in Semicon India 2026

The three-day event will feature more than 500 exhibitors, over 290 international companies and delegations from more than 40 countries as India prepares for ISM 2.0

Datanomics: AI hiring rises in India, legislative mentions remain limited

India's AI hiring share has risen steadily, but limited legislative engagement and a market-driven talent ecosystem highlight gaps in policy and research

India offers over ₹1 trn digital connectivity opportunity: BIF President

According to Ramachandran, 60 to 70 per cent of the country's population depends on agriculture and at present there is no way of launching or reaching networks in a viable way to fields

Vizhinjam Port begins EXIM operations, opens gateway for India's trade

The port is set for a Rs 16,000-crore Phase 2 expansion that will raise annual capacity to 5.7 million TEUs by December 2028 and create over 5,000 additional jobs

Razorpay builds proprietary AI model Vulcan to boost payment success rates

Trained across four billion transactions and 3 trillion data points, Vulcan aims to improve payment success rates, detect fraud and personalise the checkout experience.

EaseMyTrip launches ReSave, travellers to gain if fares drop after booking

The zero-cost flight add-on will monitor booked itineraries for eligible price reductions and return applicable savings to customers without additional charges

Realty, PE players commit ₹13K cr for senior living homes as demand rises

Real estate developers and investors have committed investments of more than Rs 13,000 crore since January last year to build senior living homes, according to Colliers.

India's 5G adoption to reach 62% by 2030, ahead of APAC average: GSMA

Mobile technologies and services are expected to contribute $1.4 trillion to the Asia-Pacific economy by 2030, while India's connectivity challenge shifts towards usage

Rupee fall may reduce effective incentives for semiconductor projects

The impact could be significant because nearly 65% of the cost of a semiconductor project is spent on machinery, most of which has to be imported and paid for in dollars

Waste opportunity: Gobardhan scheme could be gamechanger for biofuel sector

National framework combines capital grants, guaranteed offtake and infrastructure funding to turn agricultural waste into an investable, bankable asset class

Govt pressure on CSAM prompts Meta to step up action, sensitivity

The IT Ministry said Meta has shown greater sensitivity towards child sexual abuse material after government discussions

Who is Anurag Jain, the new NITI Aayog CEO succeeding BVR Subrahmanyam?

Anurag Jain recently served as Madhya Pradesh chief secretary, where he helped frame nearly 30 sector-specific investment policies covering trade and industry

Dubai counters conflict headwinds as commercial transactions value rises

Office, retail sectors lead charge; experts say moderate Q2 performance may not affect Dubai's growth prospects

Kerala CM says MMDR amendments could erode states' fiscal autonomy

V D Satheesan said proposed restrictions on taxes and levies on mineral rights and mineral-bearing lands could weaken states' constitutional and fiscal autonomy

Pharma sector must move from cost competitiveness to innovation: Experts

Experts said the next phase of growth would require greater investments in research and development, digital technologies and contract research and development manufacturing

Big orders mask small deal squeeze at Indian IT services companies

Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects

MMDR Bill tweak: NMDC flags ₹15,786 crore Karnataka tax exposure

NMDC's ₹15,786-crore contingent liability highlights the uncertainty around Karnataka's retrospective mineral tax and the potential impact of the amended mining law