Page 33 - Industry News

ICAI to set up advanced forensic lab for small, medium practitioners

ICAI plans to launch an advanced forensic auditing lab in Hyderabad to help smaller CA firms build capabilities in emerging audit technologies

Ganga Expressway to cut freight time, unlock ₹30k cr savings on logistics

The six-lane expressway, expandable to eight lanes, connects Meerut to Prayagraj through 12 districts, and is being projected as a major corridor linking western and eastern UP

Overseas travel spending by Indians falls to $1.09 billion in March

The outward remittances for travel were at $1.3 billion in February and $1.65 billion in January this year

Govt expands fuel dispenser checks to cover hydrogen, clean fuels

Verification fees for petrol and diesel dispensers have been set at Rs 5,000 per nozzle, while CNG, LPG, LNG and hydrogen dispensers will attract a higher fee of Rs 10,000 per nozzle

Cement makers expect 7-8% growth in FY27 despite West Asia headwinds

Cement companies are also stepping up capital expenditure plans for FY27, betting on an infrastructure push and housing demand despite near-term challenges

IRFC to raise ECB loan worth $2 billion to finance large infra projects

The external commercial borrowing (ECB) is part of the ₹70,000 crore resource mobilisation plan approved by the board of Indian Railway Finance Corporation (IRFC) for the ongoing financial year

Centre, Rajasthan pitch ₹76,000 crore semiconductor push to investors

Vaishnaw urged investors to set clear targets for establishing manufacturing units, assuring that the "double-engine government" would extend full cooperation

India tech giants struggle to recover from $115 billion stock rout

The companies rose to prominence in the late 1990s by helping Western firms solve the Y2K bug, which had threatened computer chaos at the turn of the millennium

Inside India's whey problem: Plenty of milk, not enough protein supply

Despite abundant milk supply, India still imports most of its whey protein as domestic dairy processing struggles to match rising demand

Govt calls for judicious power use amid soaring demand and heatwaves

Government urges consumers to conserve electricity as heatwaves drive record power demand, with peak consumption crossing 270 GW this week

West Asia crisis: Centre taking steps to ease container movement at JNPA

Centre rolls out measures at JNPA to ease container congestion and protect supply chains amid disruptions linked to the West Asia crisis

India gains share in Apple AirPods production from China and Vietnam

India is steadily gaining ground in Apple's AirPods supply chain as Foxconn ramps up production at its Hyderabad facility

LTM offers to buy Randstad's Europe, Australia businesses for €160 million

LTM plans to acquire Randstad's Europe and Australia tech units for €160 million to deepen AI, cybersecurity and digital engineering capabilities

InterGlobe Aviation receives Delhi High Court relief in GST case

Delhi High Court grants interim relief to IndiGo in a Rs 458 crore GST dispute linked to compensation received from an overseas engine manufacturer

Pulitzer Prize winners on the sinister world of cybercrime in India

Sharma and Anand, who have earned global recognition for their illustrated journalistic account, take Aditi Phadnis into the sinister world of cybercrime in India

India's top listed real-estate developers ended FY26 on stable footing

Leading listed real estate developers outperform broader housing market slowdown in FY26, aided by premium housing demand, disciplined launches and strong execution

Datanomics: Digital vs traditional in the race for e-pharmacy growth

Traditional pharmacists protest as online pharmacy firms dominate India's drug retail market, outpacing brick-and-mortar players in growth and funding

Odisha set to host CII eastern zone conference on industrial growth

The conference will bring together policymakers and industry leaders from eastern states to discuss investment, infrastructure and regional industrial collaboration

Extended West Asia tensions may hurt Indian Oil's liquidity, says S&P

S&P said Indian Oil may receive extraordinary support from the Indian government if the company comes under financial stress

S&P flags pressure on Indian Oil as high crude prices squeeze margins

India, the world's third-largest oil importer, relies heavily on imported crude to meet domestic fuel demand, with diesel accounting for nearly 39 per cent of total petroleum consumption