Page 27 - Industry News

Cabinet clears ₹1.86 trn green energy corridor scheme with battery storage

GEC-III will enable evacuation of 135 GW of renewable energy across states and provide for deployment of 50 GWh of battery energy storage systems by 2032-33

ONGC's KG basin struggles to live up to deepwater production promise

Oil output from flagship KG-DWN-98/2 has slipped to around 20,000 bpd against a 45,000-bpd peak target, with complex reservoir geology posing a challenge to sustaining production

Pharma dept to offer gap funding for early-stage novel drug discovery

Funding will be part of a new track under the PRIP scheme exclusively for start-ups and MSMEs at the initial research stage, with assistance of up to ₹50 crore per project

Mines ministry to auction two offshore mineral blocks in Andaman Sea

Two Andaman Sea blocks will be offered for composite licence as the government seeks to attract investment, boost exploration and strengthen long-term mineral security

NHAI to conduct quality checks on projects with abnormally low quoted bids

Highway authority will inspect 17 projects where bids were over 15 per cent below estimated costs, with a second round of quality checks planned after six months

India semicon ecosystem needs more research-industry ties: S'pore official

Navab Singh said India's growing semiconductor ecosystem, including investments by companies such as Tata Electronics, would be critical to the industry's development.

MSME body calls for handholding, support as India signs more FTAs

Laghu Udyog Bharati says smaller firms need marketing, technology and export support to tap new markets and benefit from India's expanding network of free trade agreements

Private capex outlook is rising, but what is driving project distress now?

India's private capex outlook is strengthening, but the reasons projects run into distress are changing, with market conditions and promoter interests now accounting for most distressed projects

Ramoji Film City eyes global filmmakers with first formal pitch at TIFF

Hyderabad-based Ramoji Film City made its first formal global pitch at TIFF: The Market, seeking foreign productions with integrated facilities and lower costs

India may get multiple TV ratings agencies: But which TRP will count?

Multiple TV ratings agencies could soon operate in India. But if each produces a different number for the same programme, which TRP will become the industry's currency? Experts explain

Haier, Godrej, Blue Star failed to detect fake e-waste recycling claims

The third-biggest generator of e-waste ​after China and the United States, India has been concerned that 78% of the waste from discarded ​electronic goods is processed by informal scrap dealers

India Inc credit quality remains strong despite H2 FY27 headwinds: Icra

India Inc's credit ratio rose to 3.2 times in H1 FY27, while strong balance sheets and liquidity buffers are expected to cushion companies from crude, inflation and tariff risks

Centre launches livestock insurance portal to address gaps: What changes

The Centre has launched a new portal for livestock insurance to streamline enrolment, claims and monitoring. Here's what changes

Drug patents in India: How they work and when govt can override them

From 20-year patent protection to government use and compulsory licensing, here's how India regulates drug patents and what the law allows when access to medicines becomes a public concern

Corporate credit profile remains strong in H1 despite West Asia war: Ind Ra

Financing conditions remained conducive, with a well-capitalised banking system, and ample liquidity ensured funding was not a constraint

Mumbai sees strongest September property registrations in over 14 years

Registrations rose 5 per cent year-on-year, while stamp duty collections fell 5 per cent to ₹1,227 crore as the transaction mix shifted during the month

DoorDash opens first India office in Hyderabad, plans 3,000-plus jobs

The Hitec City hub starts with 500 professionals and will support customer experience, integrity and corporate functions for DoorDash's global operations

Centre proposes changes to Petroleum Act, seeks stakeholders' feedback

In the draft Bill, the government proposes to decriminalise licenses breaches, while introducing specific criminal offences and higher penalties for unauthorised activities

ASCI issues guidelines for labelling synthetically generated content in ads

The new ASCI guidelines specify when advertisers must disclose synthetically generated content, which uses are prohibited and when labels are not required for AI-generated materials

New steel policy eyes 600 MT capacity, 500 MT consumption: Steel secretary

The government also plans a ₹5,000 crore Viksit Bharat Ispat scheme for small producers, with incentives linked to output and lower carbon emissions