Page 3 - Industry News

Blinkit drops 10-minute delivery promise after labour ministry nudge

While there is no law yet prohibiting these platforms from advertising 10-minute delivery, the message has been conveyed through government intervention, says sources

Work-life balance tops job wish list for India's Gen Z: What they want

The preference becomes even more pronounced among older Gen Z professionals

Cement makers likely to log better Q3 earnings as volume rebounds

India's top cement makers may post stronger Q3 FY26 earnings as volumes rebound and operating leverage improves, even as pricing remains under pressure amid intense competition

BofA subsidiary leases office space in Powai for monthly rent of ₹1.43 cr

According to the lease-related documents accessed via CRE Matrix, a real estate data analytics firm, BA Continuum India has leased the space for 10 years and nine months

Meta, WhatsApp move Supreme Court against NCLAT's ₹213 crore penalty order

The regulator had concluded that this "take-it-or-leave-it" approach related to WhatsApp's privacy policy of 2021 amounted to an abuse of dominance in the market for over-the-top messaging services

Alcobev players identify new mkts amid trouble in Maharashtra, Telangana

UP, Haryana emerge as new frontiers of growth

RPs attempting to undermine orders face contempt, says NCLAT Chennai

The Chennai Bench of the NCLAT has initiated suo motu contempt proceedings against a resolution professional, warning that attempts to neutralise interim orders undermine institutional authority

Critical mineral supply chain needs collective global action: Vaishnaw

India urges global cooperation to build resilient critical minerals supply chains, focusing on rare earths, sustainable processing, technology sharing and recycling during a US ministerial meeting

MoSPI plans transition to chain-based approach for IIP data compilation

Traditionally, the IIP was compiled using a fixed-base Laspeyres framework, in which sectoral and industry weights remain unchanged until a base-year revision

DFS secy asks PSU insurers to boost profits, strengthen retail business

Reviewing public sector insurers' performance, DFS Secretary M Nagaraju urged a sharper focus on profitable business, lower loss ratios, stronger retail portfolios and faster digitalisation

UPI user base can more than double to 1 billion: RBI Deputy Governor

Citing an example of Kenya, the RBI Deputy Governor said, digital transaction per person in Kenya is roughly double than what India has

Gig workers union welcomes rollback of '10-minute delivery' qcom branding

Adding that such a mechanism is necessary to address concerns in advance, ensure worker safety and dignity, and prevent conflicts from escalating

Homebuyers cannot execute decree against promoters without liability: SC

The Supreme Court has held that decrees passed only against real estate developers cannot be enforced against directors or promoters personally unless the original adjudication clearly establishes ind

US-based Bernstein sees volatile 2026 for India's e-commerce market

Leaders Blinkit and Swiggy face intense competition and unpredictable margins as investors weigh long-term potential in India's fast-growing quick-commerce sector, Bernstein says

Hungry for power: Rise of data centres fuels concerns over energy infra

India's fast-growing data centre sector is emerging as a major new driver of power demand, prompting questions over grid capacity, energy sourcing and long-term infrastructure readiness

CCI clears ChrysCapital's proposal to acquire stake in Nash Industries

Mumbai-based ChrysCapital is acquiring stakes through its three affiliates, ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Ltd. These entities invest in different sectors

Indian job market gains pace as hiring rises 15% in December: Report

This momentum is set to accelerate further, with AI hiring projected to grow 32 per cent year-on-year in 2026 to nearly 3.8 lakh roles, the report added

M3M to invest ₹3,500 crore in 'ELIE SAAB' branded luxury homes in NCR

M3M India will build 300 apartments in Gurugram, while its group firm Smartworld Developers will construct about 650 flats in Noida

IPA members commit $50 million to set up pharma skilling academy PAGE

IPA member firms have committed $50 million to launch PAGE, an industry-led academy to boost pharmaceutical manufacturing skills, quality systems and regulatory compliance in India

India's urban housing market faces structural affordability crisis in 2025

In Bengaluru, 20 per cent of buyers are now priced out of sub-Rs 1 crore homes, compared to 14 per cent in 2024, despite 13 per cent year-on-year demand growth