Page 28 - Industry News

DGFT urges industry to turn FTAs, export schemes into actual exports

Lav Agarwal urged industry associations to mentor exporters, use district export plans and work with government to convert market access into shipments

Odisha clears 19 projects worth ₹3,280 cr as emerging sectors gain ground

The 19 projects spanning GCCs, compressed biogas, technical textiles, tourism and manufacturing are expected to generate 10,661 jobs across 10 districts

Mobile phone prices up by 16% in 2026 H1, supplies to dip in double digits

The overall smartphone market is expected to decline in double digits except that of Chinese mobile phone brand OnePlus because of limited increase in price.

Coming up independently, nano GCCs make their mark in global industry

The number of nano global capability centres (GCCs) setting up operations in India independently, without assistance from service providers, has gone up consistently over the last few years

Rail freight growth gathers pace as DFCs, tariff reforms widen cargo base

With the 2,843-km dedicated freight corridor network now fully operational, Indian Railways is seeing stronger loading growth across coal, iron ore and other commodities as policy changes seek to shif

Maharashtra FDA orders tighter regulation of infant foods across the state

Order mandates FSSAI licences and BIS marks, tightens labelling and promotion rules, and bars advertising, discounts and benefits to health workers across Maharashtra.

SaaS poster boy Mathrubootham turns producer with Sarpatta Parambarai 2

Freshworks founder Girish Mathrubootham is set to produce Pa. Ranjith's Sarpatta Parambarai 2, marking his entry into Tamil film production after stepping down as chairman

M&E industry urges MIB to restore release of BARC audience ratings

JioStar's Kevin Vaz says absence of credible audience data is creating uncertainty for broadcasters, advertisers and agencies during the crucial festive season

Government likely to extend RoDTEP scheme for exporters: Official

The government is expected to extend the duty refund scheme - Remission of Duties and Taxes on Exported Products (RoDTEP) - for exporters, an official said on Tuesday.

CAG flags ₹1,662 cr DMF spend outside norms, mining-affected areas

Audit finds ₹983.32 crore spent in villages not affected by mining and ₹679.14 crore sanctioned for projects outside the permissible PMKKKY framework

As smartphone prices rise, how retailers plan to keep festive deals alive

Smartphone prices have risen sharply this year, forcing retailers to balance thinner margins, cautious inventory and consumer demand for the deep festive deals they have come to expect

CIL, HURL sign pact to explore syngas-based urea production in Jharkhand

The development assumes significance in the wake of the Centre's push to promote coal gasification and reduce dependence on imported natural gas and other feedstocks for fertiliser production

Apraava Energy acquires Raigad transmission project SPV in Maharashtra

The project will involve 400 circuit kilometres of transmission lines and a pooling station, enabling reliable supply to pumped storage plants and evacuation of 3 GW of power

Tata leadership transition, IPO unlikely to impact ratings: S&P Global

Tata Trusts have proposed a restructuring that could help Tata Sons avoid a listing after the central bank rejected the company's request to ‌surrender its status as a large non-bank finance company

Delhi HC quashes FSSAI order barring Red Bull from using energy drink label

India ordered makers of high-caffeine beverages sold as 'energy drinks' to stop using the description, rejecting efforts to stall the move in a market expected to be worth $1.6 billion by 2028

Flipkart gears up for festive season with massive supply-chain expansion

Logistics arm Ekart adds 14 million cubic feet of storage and 900 delivery hubs to push same-day shipping into remote regions

Irdai's insurance reforms: What may change for industry, insurers, buyers

Irdai wants insurance prices and product details to be visible without sharing phone or email; its wider reforms could affect insurers, distributors and how customers buy policies

Red Bull challenges FSSAI for prohibiting use of 'energy drink' label

The move has triggered a standoff, as Pepsi, Red Bull, ​Monster Beverage and Mukesh Ambani's Reliance fear removing the category label could damage brands built around instant-energy claims

US exempts India, 19 other nations from 100% tariff on speciality drugs

The zero-tariff exemption covers drugs for rare diseases, infertility treatments, cell and gene therapies, and other speciality medicines and their components

Jio-bp, Nayara cap diesel sales as industrial buyers seek cheaper fuel

Public sector fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) too are likely to impose quantity restrictions