Page 37 - Industry News
Amazon Now, Flipkart Minutes go full throttle in India's qcom space
Amazon Now and Flipkart Minutes are expanding aggressively to challenge Blinkit, Instamart and Zepto, betting on scale, Tier-II markets and existing customer ecosystems
 "Amazon Now, Flipkart Minutes go full throttle in India's qcom space")
As India expands QR tracking, pharma industry looks to AI for quality
While expanded traceability aims to curb counterfeit medicines, industry says predictive manufacturing could help reduce NSQ drugs
 "As India expands QR tracking, pharma industry looks to AI for quality")
Govt orders removal of apps used to remotely shut down e-vehicles
The government has ordered app stores to remove BAT-BMS, Lossigy and Epoch-i-ion after videos showed they could be used to remotely disable electric vehicles, citing cybersecurity concerns
 "Govt orders removal of apps used to remotely shut down e-vehicles")
IT Ministry summons Meta executives over ads promoting CSAM in India
Meta executives meet IT ministry officials over WhatsApp username issue
 "IT Ministry summons Meta executives over ads promoting CSAM in India")
Results preview: High base may weigh on developers' Q1 pre-sales
Developers have become selective in launching new projects: Analysts
 "Results preview: High base may weigh on developers' Q1 pre-sales")
Mukesh Ambani among three Indians on AI for Good Global Commission
Mukesh Ambani, Lakshmi Mittal and Sunil Mittal are among the founding members of the AI for Good Global Commission, which aims to advance responsible and inclusive AI globally
 "Mukesh Ambani among three Indians on AI for Good Global Commission")
Energy importer India will soon export clean energy, says ACME chief
ACME Group says Odisha will become India's gateway for green ammonia exports to Japan, marking the country's transition from energy importer to clean energy exporter
 "Energy importer India will soon export clean energy, says ACME chief")
Japanese enterprises accelerating growth of GCCs in India: Deloitte
Japanese firms have established over 100 global capability centres in India, with Deloitte projecting these hubs will drive innovation, economic growth and high-skilled employment by FY2030
 "Japanese enterprises accelerating growth of GCCs in India: Deloitte")
Amazon Data Services pre-leases 4 acres in Mumbai for data centre expansion
Amazon Data Services has pre-leased 4 acres in Mumbai's Powai from Larsen & Toubro for its data centre expansion, with a rental commitment of over ₹650 crore across nearly 18 years
 "Amazon Data Services pre-leases 4 acres in Mumbai for data centre expansion")
Meta team meets IT Ministry over username feature, to reply within 3 days
The Centre directed WhatsApp to keep the rollout on hold until consultations are completed "to the satisfaction of the Government"
 "Meta team meets IT Ministry over username feature, to reply within 3 days")
Vaishnaw asks Meity to summon Meta over Instagram child abuse content
IT Minister Ashwini Vaishnaw has asked MeitY officials to summon Meta over allegations that Instagram carried advertisements promoting child sexual abuse material
 "Vaishnaw asks Meity to summon Meta over Instagram child abuse content")
Hudco to provide up to ₹1 trillion loan for Bihar infrastructure projects
The proposed financing is equivalent to about $10.5 billion at current exchange rates, the company said
 "Hudco to provide up to ₹1 trillion loan for Bihar infrastructure projects")
India taxes crypto, but RBI still wants distance. Can both coexist?
Crypto is taxed, tracked and traded in India. But the RBI still refuses to recognise it as an asset class. Can this uneasy arrangement endure?
 "India taxes crypto, but RBI still wants distance. Can both coexist?")
India among lowest-cost solar markets, beats China on PV power cost: IRENA
India's utility-scale solar power cost stood at $35 per MWh in 2025, below China's $36 and the global average of $44, according to IRENA
 "India among lowest-cost solar markets, beats China on PV power cost: IRENA")
JSW Steel starts construction of ₹16,350-crore Andhra Pradesh steel project
JSW Steel described the Rayalaseema investment as one of the largest industrial projects in the region
 "JSW Steel starts construction of ₹16,350-crore Andhra Pradesh steel project")
Govt probing Tata Electronics data breach, incident reported to CERT-In
"We are investigating it... it has been reported to CERT-In," IT Secretary S Krishnan told reporters when asked about the reported cyber incident involving Tata Electronics
 "Govt probing Tata Electronics data breach, incident reported to CERT-In")
Electricity spot prices jump 32% to ₹5.2/unit as June demand stays high
Strong electricity demand driven by heatwaves and a delayed monsoon lifted IEX spot power prices in June, while traded volumes and first-quarter electricity consumption also increased
 "Electricity spot prices jump 32% to ₹5.2/unit as June demand stays high")
Home affordability holds in 6 of top 8 Indian cities; Mumbai, NCR lag
Knight Frank says lower borrowing costs following RBI's 125-basis-point repo rate cuts supported affordability in H1 2026, though MMR and NCR remained above the affordability threshold
 "Home affordability holds in 6 of top 8 Indian cities; Mumbai, NCR lag")
Nestle India sees strong growth opportunity in rural markets: CMD
CMD Manish Tiwary says rising aspirations beyond metros will shape the next wave of consumption
 "Nestle India sees strong growth opportunity in rural markets: CMD")
Coercive fertilisers tagging hurting farmers, $1 bn specialty sector: IMMA
Association seeks crackdown on illegal bundling of specialty products with subsidised urea, DAP
 "Coercive fertilisers tagging hurting farmers, $1 bn specialty sector: IMMA")