Page 37 - Industry News

India, China place strategic bets on clean energy out of favour in West

The massive bets by the world's two most populous nations come at the same time that the West has quietly backed away from its ambitious green hydrogen goals from the start of this decade

Hilton, Olive sign India's first 10 Spark hotels; two to open this year

Partnership targets India's growing mid-market hospitality segment, with plans to open two Spark by Hilton hotels this year across key business and leisure hubs

PNG push gains pace: 500,000 new connections amid LPG supply concerns

Till April 19, about 39,400 PNG consumers have surrendered their LPG connections

Results preview: Pharma growth steady in Q4, but US drag weighs on margins

India's pharma and healthcare firms may post steady Q4 revenue growth, but weak US generics and rising costs are likely to keep margins under pressure

Telecom service providers require tariff hikes to stem Arpu decline

The impact on Vodafone Idea (Vi) could be harsher with a 15 per cent hit on Ebitda, and a delay in tariff could also push the next round to further than July 2029

AI-generated content: Meity proposes continuous labelling mechanism

Draft amendment to IT Rules mandates continuous, clearly visible labels for AI-generated content across formats, as govt extends consultation deadline to May 7

From sour start to sweet spot: How Tim Cook changed India playbook

Apple Inc exceeded the government's cumulative PLI production target of ₹3.35 trillion in FY21-FY26, achieving ₹6.02 trillion

Odisha govt clears 18 new industrial projects worth over ₹3,877 crore

Approvals across 11 districts expected to generate over 7,500 jobs, spanning metals, pharma, logistics and tourism as Odisha pushes industrial diversification

India leads global shift to AI-led healthcare adoption, says BCG study

The report also points to a shift towards hybrid healthcare models, where patients prefer AI-assisted human care rather than relying solely on doctors or machines

Odisha unveils India's first platinum group metals extraction plant

Pilot facility aims to build domestic capability in platinum group metals extraction, reducing import dependence amid rising global focus on critical minerals

LPG reliance highlights gaps in India's piped gas expansion drive

India's dependence on LPG imports and slow expansion of piped gas networks highlight policy gaps, affordability challenges, and consumer behaviour issues hindering a transition to cleaner cooking fuel

Brookfield platform Evren secures $600 mn to supply 300 MW RE to NTPC

Brookfield-backed Evren raises $600 million for hybrid renewable project integrating solar, wind and storage to supply 300 MW power to NTPC under PPA

India holds fourth startup spot as funding slips, investors turn selective

India retains fourth position globally in startup funding, as deal volumes fall sharply and investors shift to fewer, high-conviction bets amid signs of ecosystem maturity

India's renewable power growth at 98 TWh doubles demand rise in 2025: Ember

Ember report highlights strong renewable growth in India, with clean energy meeting demand rise and fossil fuel generation declining amid lower electricity demand

Office rents cross ₹100/sq ft a month in B'luru, NCR amid demand-supply gap

The maximum annual growth of 15 per cent in office rent was seen in Delhi-NCR and Kolkata

India becomes second-largest wind market in 2025, just behind China: BNEF

India records strong wind capacity additions in 2025, driven by hybrid renewable auctions, as it surpasses major markets to become the second-largest globally

Why are Diet Coke cans unavailable and what's behind the supply crunch?

A mix of can shortages, import delays, and demand spikes is leaving stores and q-commerce apps without Diet Coke in major cities

Protein shift is adding much-needed margin to India's dairy industry

Rising protein awareness is pushing India's dairy sector beyond low-margin liquid milk, driving a shift towards value-added products like whey, cheese, and fortified dairy

Renewable energies overtake global electricity demand in India, China

Clean power generation grew 887 terawatt hours last year, exceeding overall global electricity demand growth of 849 terawatt hours, according to a report by energy think tank Ember

West Asia war has delayed India-GCC FTA negotiations: NITI Aayog

Trade Watch report highlights geopolitical risks to trade diplomacy, flags vulnerabilities in gems and jewellery sector and calls for structural reforms