Page 28 - Industry News

Breweries Association urges Bihar to lift alcohol ban in a phased manner

The Brewers' body has urged the Bihar government to begin easing prohibition with low-alcohol beverages, adopt alcohol-content-based taxation and earmark cess collections for welfare

Dubai housing sales decline 16% in H1 2026, prices rise 6%: Anarock

Residential transactions declined from a year earlier, but average prices rose 6 per cent as Dubai's property market remained resilient despite geopolitical tensions in the West Asia

UP govt offers special provisions to propel Eastern UP, Bundelkhand

Uttar Pradesh has unveiled enhanced startup and data centre incentives for Purvanchal and Bundelkhand to attract investment and support its $1 trillion economy goal

Mines ministry recommends scrapping aluminium scrap import duty

The Ministry of Mines has urged the Department of Revenue to remove the 2.5 per cent basic customs duty on aluminium scrap, citing lower costs for recyclers and stronger domestic value addition

EAAA Alternatives bags ₹2,259 cr NHAI toll road assets under TOT programme

EAAA Alternatives has signed concession agreements with NHAI for two toll road stretches in Tamil Nadu under TOT Bundle 19, expanding its infrastructure platform to 26 road assets

Retailers likely to report robust Q1 on positive demand sentiment

Brokerage reports state that mass categories performed well during the quarter and the sector was aided by store expansion

India's cargo voyage now faces rougher waters inland, say experts

With cargo volumes rising steadily, industry experts say India's next logistics challenge lies beyond ports, requiring stronger hinterland connectivity and multimodal evacuation systems

NPPA fixes prices of 39 drugs, raises anti-rabies immunoglobulin rate

Drug pricing authority allows five-year price cap exemption to Biological E's pneumococcal vaccine

Why foreign-owned ecom firms' operating models are under the lens

Foreign e-commerce companies are allowed to do business through the marketplace model as opposed to the inventory-led format

PE pivots to MedTech as hospital valuations soar; diagnostics gains

Private equity investors are diversifying into MedTech and diagnostics as rising hospital valuations temper deal appetite, even as India's healthcare sector continues to attract strong capital inflows

Govt, Nasscom working on AI curriculum for undergraduate programmes

With the increasing use of AI in various areas, there is also a need to provide reskilling and upskilling opportunities for graduates

Recycling body MRAI urges govt to remove 2.5% duty on aluminium scrap

The recycling industry says removing the 2.5% basic customs duty on aluminium scrap will reduce input costs, support MSMEs, create jobs and strengthen India's circular economy

Simaero plans to add more simulators, tap local engineering talent in India

The French aviation training company plans to operate up to six simulators in India over five years and develop local expertise in simulator engineering and technology services

Airtel bets on financial services, data centres after ₹3.3 trn investment

Bharti Airtel has announced ₹20,000-crore investment in non-banking financial company Airtel Money while its data centre Nxtra recently raised $1 billion as part of its plan to build 1 GW capacity

HDFC Bank's workforce drops by over 3,300 amid push to automate operations

The bank's total staff fell to 211,178 as of March 31 from a year earlier with new hiring dropping by 3,811, according to its annual report released on Saturday

Employee headcount shrinks at HUL, Dabur amid hike in median pay in FY26

While Nestle India, Marico and Tata Consumer Products Ltd (TCPL) added to their headcount during the fiscal, Hindustan Unilever (HUL) and Dabur saw a decline in permanent employees on their rolls

India becoming major manufacturer, exporter of railway products: Vaishnaw

Vaishnaw said India is designing, manufacturing and exporting advanced railway components, including propulsion systems and electronics, to countries such as France, Germany, the US and Japan

200,000 micro food processing enterprises covered under PMFME scheme: Govt

The total subsidy amount provided so far under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme is around Rs 6,000 crore

India-New Zealand FTA to aid dairy sector via agri-tech partnership: MEA

Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon recognised the important role of the FTA in strengthening the bilateral economic partnership

FSSAI issues notices to Swiggy Instamart after complaints of expired food

FSSAI has issued 9 notices to Swiggy Instamart after receiving multiple complaints alleging the delivery of expired, spoiled, rotten and contaminated food products, and has sought a detailed report