Page 31 - Industry News
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")
Commerce ministry plans central processing dept for faceless trade system
According to an office memorandum of the DGFT, the Central Processing Department (CPD) will act as a central unit for processing of trade-related applications
 "Commerce ministry plans central processing dept for faceless trade system")
India gains wider EU steel access under FTA, but carbon levy remains
The agreement provides India with an additional preferential quota of 694,853 tons of steel, on top of an existing 946,616 ton WTO quota
 "India gains wider EU steel access under FTA, but carbon levy remains")
India to export 654 MW power to Nepal for 18 hours a day till December end
The approval covers up to 600 MW through the Muzaffarpur-Dhalkebar line and 54 MW through the Tanakpur-Mahendranagar line until December 2026
 "India to export 654 MW power to Nepal for 18 hours a day till December end")
Online shopping to get stricter consumer rules on pricing, rankings in 2027
The amended rules require ecommerce platforms to disclose prior prices, clearly identify sponsored listings and provide more seller and product information from January 1, 2027 onwards
 "Online shopping to get stricter consumer rules on pricing, rankings in 2027")
How an Indian-origin CEO with no gaming experience is 'fixing Xbox mess'
Seven months into the job, Asha Sharma is overseeing a series of changes across Xbox's gaming business, from a 3,200-job restructuring to changes in cloud gaming and new partnerships
 "How an Indian-origin CEO with no gaming experience is 'fixing Xbox mess'")
COAI, British High Commission sign pact on AI, digital trust, connectivity
The memorandum of understanding (MoU) was inked at the CO.AI 2026 event organised by Cellular Operators Association of India (COAI), in association with the British High Commission
 "COAI, British High Commission sign pact on AI, digital trust, connectivity")
Fada, Rosmerta Digital Services tie up to simplify vehicle compliances
Fada has partnered with Rosmerta Digital Services to help dealers and customers check and resolve traffic challans through its Rosmart digital compliance platform
 "Fada, Rosmerta Digital Services tie up to simplify vehicle compliances")
AI offers opportunity but needs safeguards, right governance: Trai chief
Trai Chairman Anil Kumar Lahoti said AI can improve telecom network management and fraud detection, but stressed safeguards, human oversight, auditability and accountability
 "AI offers opportunity but needs safeguards, right governance: Trai chief")
Airtel, Jio accuse Vi of blocking mobile number porting: What do rules say?
Airtel and Jio have accused Vi of making it harder for customers to port out. The dispute recalls a 2021 row that led Trai to order telcos to enable port-out SMS on all plans
 "Airtel, Jio accuse Vi of blocking mobile number porting: What do rules say?")
No turning back from AI, but cost, rules will shape adoption: TeamLease CEO
TeamLease EdTech CEO Shantanu Rooj said AI adoption will depend on regulation and usage costs, while domain knowledge and the ability to apply AI will gain importance
PwC US, PwC India form JV to combine advisory talent, capabilities
The venture will combine PwC India's consulting business with PwC US Advisory's India-based capabilities; transaction expected to close in H1 2027
 "PwC US, PwC India form JV to combine advisory talent, capabilities")
India's semiconductor sector draws $1.4 bn funding, half of it since 2025
Electronic Manufacturing Services has led the sector's funding, securing $313 million since 2025
 "India's semiconductor sector draws $1.4 bn funding, half of it since 2025")
Brics labour initiatives may aid cross-border hiring, remote work: Industry
Industry says Brics initiatives on skills forecasting, remote employment and worker mobility could improve skills alignment and expand access to international jobs
 "Brics labour initiatives may aid cross-border hiring, remote work: Industry")
Airtel, Jio allege unfair practices by Vi, seek intervention from Trai
Vi denies wrongdoing, saying it operates within existing laws and regulations; Airtel and Jio allege deceptive solicitation and hurdles to mobile number porting
 "Airtel, Jio allege unfair practices by Vi, seek intervention from Trai")
Coal stocks at Punjab's power plants at around '114% of requirement'
Coal ministry says Punjab power plants had stocks at 114% of normative requirement on September 11, ruling out inadequate coal supply as the cause of low generation
 "Coal stocks at Punjab's power plants at around '114% of requirement'")
Lupin to bet big on biosimilar sales in mid term, ramp capacity expansion
The company plans to soon start the funding process for its oncology spin-off, Kaveri Therapeutics, which houses two specialised oncology programmes
 "Lupin to bet big on biosimilar sales in mid term, ramp capacity expansion")
Railways' freight loading up 5.4% to 137.9 million tonnes in August
Freight revenue rose 6.27 per cent year-on-year in August, while five new Gati Shakti Cargo Terminals were commissioned, taking the total number to 149
 "Railways' freight loading up 5.4% to 137.9 million tonnes in August")
Student housing faces supply gap as private developers shy away
Weak project economics, high land cost, regulatory issues key hurdles
 "Student housing faces supply gap as private developers shy away")
Wanted, a fit and proper director: Bill proposes tighter governance norms
Lighter criminal touch, heavier governance burden for independent directors proposed in corporate law Bill
 "Wanted, a fit and proper director: Bill proposes tighter governance norms")