Page 34 - Industry News

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

How AI is becoming the operating backbone of India's fintech industry

AI is becoming part of the core infrastructure of India's fintech ecosystem as firms look to automate workflows, tackle fraud, and improve scalability

Fujiyama Power Systems to set up 1.2 GW solar cell facility at MP's Ratlam

Currently, the company operates a 1 GW Mono PERC solar cell manufacturing facility at its Dadri plant, Uttar Pradesh

India's gains crimped as US changes terms in Russian oil waiver extension

Fresh US waiver terms may curb Russian oil supplies to India as sanctioned cargo availability shrinks and refiners face mounting geopolitical uncertainty

CCI says hospitals not automatic monopolies over admitted patients

Max hospitals, Indraprastha among chains involved in series of 12 orders

Gas extraction case: RIL says charges of unjust enrichment misguided

Reliance Industries argued before the Supreme Court that the Centre's allegations of unjust enrichment in the KG basin gas dispute are misplaced

Videocon group founder Venugopal Dhoot moves SC against NCLAT ruling

Videocon founder Venugopal Dhoot has challenged an NCLAT ruling that excluded the group's overseas oil and gas assets from the insolvency process

CCI imposes ₹50 lakh penalty on Manipal group over Aakash deal violations

The Competition Commission of India fined Manipal group entities for implementing parts of the Aakash Educational Services acquisition without prior approval

Odisha risks losing low-cost power after thermal policy amendment

Odisha's move to cut low-cost power entitlement from future private thermal projects has drawn criticism from experts over long-term energy security risks

India's affordable housing sector faces ₹55,000 crore funding gap

Over 450,000 affordable and mid-range homes across 1,500 stalled projects require urgent funding support as capital flows remain concentrated in premium real estate segments

Rajasthan govt installs over 200K rooftop solar plants under PMSG

Aims to double monthly installations by December 2026

UP govt plans nearly ₹600 crore investment to strengthen AI ecosystem

To achieve its objectives, the state is scaling up infrastructure for technologies such as AI, Quantum Computing, and deep-tech innovations

Will fixed-charge reform fix discom losses, or only repackage them?

The CEA wants a new fixed-charge framework to help discoms recover costs, but experts say tariff redesign cannot replace operational and regulatory reforms

India beats APAC peers with highest real estate yields in region: CBRE

India's real estate market is emerging as a preferred investment destination in Asia-Pacific, backed by strong occupier demand, higher yields and rising institutional capital flows

Gadkari calls for JVs with US companies to leverage their new tech

Noting that supply chain is the most important part in logistics, Gadkari said logistics cost in India has come down to single digit helped by rapid expansion of expressways and economic corridors

Rising freight rates amid global tensions hit steel sector: Tata Steel

India's steel industry has remained relatively insulated from global disruptions, due to strong domestic demand and lower dependence on imported finished steel

Cyprus pitches itself as gateway for Indian firms expanding in Europe

Cyprus President said the Mediterranean nation is ready to act as a launchpad for Indian businesses looking to access not only the European Union but also the wider Eastern Mediterranean

Why discoms want higher fixed-cost recovery and what it means for industry

Discoms want higher fixed charges to recover rising power network costs, but this move could raise electricity bills and hurt manufacturing competitiveness for industries