Page 36 - Industry News

What MMDR Bill 2026 means for states, miners, mineral-bearing land

The MMDR Amendment Bill, 2026 seeks greater government control over mineral-bearing land and tighter rules for state taxes, cesses and other mining-related levies

Hindustan Copper plans to sell Chile mine output to Hindalco, Adani

The state-run miner is exploring a joint venture with Chile's Codelco as India seeks to secure copper supplies

Mahindra Group steps up focus on real estate, hospitality for growth

The group stated that over the last five years, it has seen significant momentum across all its businesses, with its 'growth gems' being an important pillar of this growth

GalaxEye acquires Bengaluru-based spacecraft engineering firm StarOps

The acquisition brings StarOps' satellite platforms, indigenous spacecraft technologies and engineering expertise into GalaxEye, strengthening its capabilities across the satellite value chain

DLF sells penthouse for ₹271 crore in luxury housing project in Gurugram

In October 2024, DLF launched its 17-acre super-luxury housing project 'The Dahlias' at DLF Phase 5 in Gurugram, comprising 420 apartments and penthouses

Govt may propose Tribunal Reforms Bill 2026 in Lok Sabha on Monday

The proposed Tribunal Reforms Bill may create a four-member National Tribunals Commission to oversee appointments, performance and complaints involving tribunals

Govt may seek to tighten grip over mineral-bearing land with MMDR Bill

The proposed law would restrict state taxes and cesses on mineral rights and mineral-bearing land while invalidating levies that have not yet been collected

Cement firms post healthy Q1 volume growth, but costs pressure margins

Leading cement makers recorded 7-8 per cent volume growth in Q1FY27, but higher fuel, packaging and other input costs offset price gains and weighed on profitability

Textile exports could take a hit despite gains in UK and European markets

Buying agents said India has already captured 5-10 per cent of UK apparel orders that earlier went to Bangladesh, driven by the recent free trade agreement

No new renewable energy projects within 1 km of border: Home ministry

New MHA guidelines bar solar, wind and hybrid projects within 1 km of the LoC, LAC and International Border and impose security checks across a 50-km belt

Biz compliances major friction point for firms, stakeholders tell panel

A parliamentary panel has flagged India's heavy compliance burden, saying overlapping rules and approvals continue to raise business costs despite deregulation efforts

FMCG firms signal Q2 price hikes as input costs stay high, demand resilient

Britannia, HUL, Dabur, Godrej Consumer and Tata Consumer are weighing further price increases or shrinkflation in Q2FY27 to protect margins

BIS to scale up silver hallmarking testing as buyers shift from costly gold

Silver hallmarking has been voluntary since 2005, and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity

Premiumisation lifts liquor firms' June quarter topline amid cost headwinds

Leading liquor makers reported strong growth in premium and luxury spirits in the June quarter, helping boost revenue and margins

Maharashtra govt may bring Swiggy, Zomato, Zepto under bike-taxi rules

Proposed changes could require delivery platforms to run EV fleets, track vehicles, provide insurance, and contribute 2% of each ride's fare to a driver welfare fund

FSSAI won't ease 'energy drink' label deadline, unnerving companies

PepsiCo, Red Bull, Monster and Reliance face a 90-day deadline to drop 'energy drink' labels from high-caffeine beverages

Govt-Meta talks turn technical; company outlines measures to curb deepfakes

The Centre asked Meta to strengthen action against deepfakes, CSAM and unlabeled AI content, with regular follow-ups planned to monitor compliance with Indian laws

Govt weighs incorporating trade-margin rationalisation into DPCO

No deadline set for policy; non-scheduled drugs account for 82% of market, average channel markup on common dosage forms is 43%

Only 4 cases of ethanol contamination reported so far, says Hardeep Puri

Of 2,000 fuel samples collected each day, only 4 cases of fuel contamination have been reported so far, oil minister Hardeep Singh Puri noted

Despite liquor ban, crimes against women rising in Bihar: NCAER study

Paper cites loss of state's excise revenue, expansion of illicit liquor trade