Page 30 - Industry News
Domestic medtech manufacturers welcome Maha FDA's call for price review
AIMED backing comes after Maharashtra FDA Commissioner Tukaram Mundhe flagged mark-ups of up to 2,841% on medical devices and hospital consumables
 "Domestic medtech manufacturers welcome Maha FDA's call for price review")
FSEZ clears ₹3,406 crore SiCSem semiconductor unit near Bhubaneswar
The integrated facility at Info Valley-II will manufacture SiC diodes and MOSFETs, with projected five-year exports of ₹7,043 crore and employment for around 1,270 people
 "FSEZ clears ₹3,406 crore SiCSem semiconductor unit near Bhubaneswar")
Meta agrees to share details of CSAM with Indian law enforcement agencies
The move follows multiple rounds of government talks with Meta, which until now reported instances of child sexual abuse material only to a US-based organisation
 "Meta agrees to share details of CSAM with Indian law enforcement agencies")
Businesses divided on UPI MDR; retailers wary, quick commerce unfazed
Distributors flag concerns over the new UPI merchant charges, while quick-commerce firms expect limited impact as most transactions remain below the Rs 2,000 threshold
 "Businesses divided on UPI MDR; retailers wary, quick commerce unfazed")
Thermal plants with critical coal stocks rise to 66 amid high demand
Coal stocks at thermal power plants have declined amid robust electricity demand, subdued hydropower generation and lower domestic coal production during the monsoon
 "Thermal plants with critical coal stocks rise to 66 amid high demand")
Flipkart creates over 250,000 festive jobs as ecommerce demand rises
Nearly 75,000 opportunities are for first-time workers, as the Walmart-owned company expands its delivery network with 900 new hubs
 "Flipkart creates over 250,000 festive jobs as ecommerce demand rises")
Entry-level engineers face hiring gap as firms seek experience: foundit
Engineers with up to three years of experience comprise 45 per cent of active candidates but only 28 per cent of jobs, translating to 9.5 candidates per opening
 "Entry-level engineers face hiring gap as firms seek experience: foundit")
Faster, heavier, double-stacked: How two DFCs are transforming rail freight
The Eastern and Western DFCs now carry around 14 per cent of rail freight despite forming just 4 per cent of the network, cutting transit times and freeing capacity
 "Faster, heavier, double-stacked: How two DFCs are transforming rail freight")
Cement capacity additions raise near-term concerns of supply overhang
Cement capacity additions are expected to outpace demand growth in FY27 and FY28, potentially lowering utilisation and putting pressure on prices in some regions
 "Cement capacity additions raise near-term concerns of supply overhang")
SC leaves public servant question in Chitra Ramkrishna case to trial court
The Supreme Court declined to interfere with the Delhi HC order, allowing Chitra Ramkrishna to contest her classification as a 'public servant' before the trial court
 "SC leaves public servant question in Chitra Ramkrishna case to trial court")
Govt assuages concerns over impact on water supplies amid data centre surge
In the Union Budget for 2025-26, Finance Minister Nirmala Sitharaman had announced a tax break until 2047 for companies setting up data centres
 "Govt assuages concerns over impact on water supplies amid data centre surge")
More than ₹5,100 crore generated through scrap disposal, says Centre
Centre said more than ₹5,100 crore has been generated from scrap disposal through special cleanliness campaigns in government offices since 2021
 "More than ₹5,100 crore generated through scrap disposal, says Centre")
CCPA probes Apple's iOS 18 warranty terms over costly iPhone repairs
The sparring is shaping as Apple's latest headache in a growth market where it is fast expanding iPhone manufacturing and rapidly growing market share
 "CCPA probes Apple's iOS 18 warranty terms over costly iPhone repairs")
NPCI consults banks, payment firms on fees for large UPI payments
The consultations come after India changed its payments legislation on Monday, allowing firms to charge transactions of more than ₹2,000
 "NPCI consults banks, payment firms on fees for large UPI payments")
Propstack, CBRE partner to strengthen data-led real estate services
The phased integration, starting this month, will support CBRE teams across investment advisory, occupier advisory, market intelligence and client reporting
 "Propstack, CBRE partner to strengthen data-led real estate services")
Looking into Bharti Airtel, Jio's MNP rule violation allegations: Trai
Telecom regulator asks Vi to check matter internally
 "Looking into Bharti Airtel, Jio's MNP rule violation allegations: Trai")
Mobile phone makers seek 13% GST cut amid demand dip, rising memory prices
ICEA has written to the government seeking a reduction in GST on mobile phones to 5 per cent from the current 18 per cent amid a decline in domestic demand, especially due to rising memory chip prices
 "Mobile phone makers seek 13% GST cut amid demand dip, rising memory prices")
HORIBA India may chip in with local semicon gear as demand builds
Horiba India is open to local manufacturing of specialised semiconductor equipment once India's chip fabrication and packaging ecosystem reaches sufficient scale
 "HORIBA India may chip in with local semicon gear as demand builds")
Coal ministry expects 147 auctioned commercial mines to attract ₹55,000 cr
The 147 commercial coal mines auctioned since 2020 are expected to generate ₹47,500 crore in annual revenue and create 490,000 jobs across nine states
 "Coal ministry expects 147 auctioned commercial mines to attract ₹55,000 cr")
AI helps students with work, but more use doesn't mean better scores: Study
The report said students who do not use AI for schoolwork generally score higher in science than students who do
 "AI helps students with work, but more use doesn't mean better scores: Study")