Page 36 - Industry News

Govt working on flex-fuel vehicle policy amid push for alternate fuels

Policy discussions on flex-fuel vehicles gather pace as supply disruptions from West Asia underscore the need to expand ethanol blending and reduce fuel import dependence

ASK-Hurun India Successors 50 list: Next-gen leaders drive 6.7x mcap jump

Vikash Lohia of Jupiter Wagons tops the 2026 Hurun Successors 50 list, as successor-led firms add Rs 26.3 trillion in value and outpace broader market indices

India Inc's brush with POSH: A telling story of gaps in enforcement

Business Standard analyses data to show how businesses have fallen short in enforcing the legal guidelines effectively over the years

Odisha shifts tourism pitch with new 'Think India, Think Odisha' tagline

State replaces 'India's Best Kept Secret' tagline with a global-facing identity, aiming to position Odisha as a high-value, experience-driven tourism destination

FDI firms' net sales growth slows to 8.7% in FY25 from 9.4%: RBI data

With moderate growth in sales and rising expenses, operating profit growth slowed to 10.7 per cent in 2024-25 from 22.1 per cent in the previous year

Cement firms may see up to 19% profit hit under carbon scheme: ICRA

ICRA said India's carbon trading scheme may raise costs over time, with cement firms facing up to 19 per cent profit hit as emission targets tighten

RBI proposes measures to strengthen Prepaid Payment Instruments framework

Accordingly, a draft Master Direction on Prepaid Payment Instruments was issued, and comments were invited by May 22, 2026

360 ONE Asset acquires 13% stake in Bengaluru office asset for ₹1,125 cr

360 ONE Asset has acquired a 13 per cent stake in Brookfield's Ecoworld office campus in Bengaluru for Rs 1,125 crore, marking a private entry into a yield-generating asset

MNRE plans wind power push in border areas, industry raises concerns

MNRE is working to enable wind projects in border areas, even as industry raises concerns over penalties, curtailment, and transmission delays affecting project viability

Andhra CM to lay foundation for ReNew's Rs 5,400 crore solar unit

Andhra Pradesh CM will lay the foundation for ReNew's Rs 5,400 crore solar manufacturing facility, aimed at strengthening domestic supply chains and clean energy capacity

Women underrepresented in India's deeptech sector, says Indeed report

Women remain underrepresented in India's deeptech sector, with limited entry-level hiring and slower career progression despite steady job-seeking activity, an Indeed report shows

Centre revises DCGI recruitment rules, raises age limit to widen pool

The Centre has raised the age limit and broadened eligibility norms for appointing the Drug Controller General of India to address a shortage of qualified candidates

NCLAT reserves verdict on Vedanta challenge to Adani JAL resolution plan

NCLAT has reserved judgment on Vedanta's appeals challenging Adani Enterprises' resolution plan for JAL, after hearing arguments from lenders and other stakeholders

CMA CGM reflags fifth vessel in India as shipping expansion gathers pace

CMA CGM has reflagged its fifth vessel under the Indian flag, aligning with India's push to expand its shipping fleet and strengthen its role in global maritime trade

Bombay HC grants RoDTEP relief to sugar firms, flags litigation chaos

The Bombay High Court allowed RoDTEP benefits to sugar exporters and flagged inconsistent litigation by the Centre, calling for a National Litigation Policy to ensure uniformity

Indian ports turning into logistics and industrial hubs: Shipping secy

Shipping Secy Vijay Kumar was addressing around 200 investors and industry stakeholders during a round-table held at the Singapore Maritime Week 2026

Packaging costs to dent alcobev margins by up to 200 bps, says Crisil

Alcobev firms may see margins shrink 150-200 bps and growth slow as glass bottle shortages and rising packaging costs, driven by LNG disruptions, weigh on operations

Inflows into Indian realty jump 72% to $5.1 billion in Q1 2026: CBRE

The investment momentum was mainly led by substantial inflows into built-up office assets and continued activity in land/development site acquisitions

Developers acquired 3,093 acres land worth Rs 54,818 crore in 2025: JLL

Developing these newly acquired land parcels is estimated to require over Rs 92,000 crore in total construction capital

Capital inflows in real estate rise 72% to record $5.1 bn in Jan-Mar: CBRE

Capital inflows in the real estate sector stood at $2.9 billion in the year-ago period