Page 38 - Industry News

SC notice to telcos on Centre's plea against one-time spectrum charge order

The Centre has challenged a Bombay High Court judgment striking down the retrospective levy, which carried liabilities exceeding Rs 20,000 crore for Airtel and Vodafone Idea

GeM crosses ₹20 trn procurement milestone; MSEs account for 45.6% of GMV

The government procurement platform has facilitated more than 3.78 crore orders in a decade, with MSEs fulfilling orders worth over Rs 9.07 lakh crore.

West Asia demand to soften, India to make up for dip: Thomas Cook CEO

West Asia demand may remain at 60-65 per cent of FY26 levels, while domestic and short-haul travel are expected to help Thomas Cook offset the decline in FY27

WB to link industrial incentives with job creation: Industries Min. Roy

West Bengal plans to link industrial incentives to jobs created rather than investment, with a new policy and a Rs 5,000-crore incentive programme expected this month

Montra Electric, TVS VMS deploy 57 e-trucks, target 300-plus in FY27

TVS VMS will deploy the first batch of Rhino electric heavy commercial vehicles on a 190-km freight route in Chhattisgarh, supported by dedicated charging stations

Data centre sector gets policy boost as LS clears taxation amendment Bill

The Bill recognises leased data centres under the tax framework and removes notification requirements, with experts expecting faster investment and lower set-up costs

FSSAI penalises AWL Agri for marketing substandard fortified sunflower oil

The food regulator said a Fortune Fryola oil sample had vitamin D content significantly below the prescribed range; AWL Agri plans to pursue appropriate legal remedies

FSSAI orders Pie Foods to immediately halt sale of monk fruit sweeteners

FSSAI informed that it has issued a prohibition order to Pie Foods regarding sale of Monk Fruit Extract Sweetener and Monk Fruit Sweetener Drops

Govt slashes online content takedown time to 2 hours for sensitive matters

According to the statement, amendments were made on February 10, 2026, in the IT Rules 2021 to strengthen the regulatory framework

Delhi HC stays FSSAI ban on Dabur selling food products with '100%' claims

Justice Amit Mahajan observed that Dabur was selling the products for decades and has made out a prima facie case for relief at this stage as the FSSAI order was passed without giving it any hearing

FSSAI penalises Fortune maker AWL Agri over substandard sunflower oil

The action was taken after the regulator found that a sample collected from Goa failed in lab testing as Vitamin D level was significantly below the prescribed limits

Nandan Nilekani on the impact of AI: Small firms, not big, to create jobs

Nilekani said large companies would likely become "net job losers" as AI automates routine tasks, while employment would increasingly come from small firms

Shipping lines may move away if port tariffs too high: Secy Vijay Kumar

Asks stakeholders to develop a model in which security does not affect KPIs

India's ethanol blending drive backed by science: Brazil trade minister

Brazil's trade minister says India's ethanol blending programme is based on scientific research, while highlighting opportunities to expand crude oil exports and biofuel cooperation

FISME urges CBIC to introduce safe harbour for bona fide buyers

Industry body FISME has urged the CBIC to protect bona fide GST buyers from suppliers' defaults, expedite refunds and simplify compliance to improve ease of doing business

Siam's E20 U-turn deepens debate over fuel quality and vehicle safety

The industry body first flagged chloride contamination and vehicle-part failures, but later withdrew its letter as India's ethanol policy became a wider political and commercial issue

Improving hardware capabilities must for deeptech ecosystem: Nasscom

Nasscom says India must build stronger hardware capabilities and deepen industry-academia collaboration as AI reshapes software development and the deep-tech ecosystem

Coal India enters iron ore mining in latest push towards diversification

Coal India has emerged as the preferred bidder for Odisha's Gadadharpur iron ore block, marking its entry into iron ore mining as it expands beyond coal

Next phase of Green Energy Corridor to cover 10,000 ckm: Pralhad Joshi

The Centre is planning the next phase of the Green Energy Corridor, spanning 10,000 circuit km, to strengthen renewable power evacuation and support India's energy transition

Safeguard duty, higher prices to keep steel makers' profitability steady

Crisil Ratings expects steel makers to maintain stable profitability in FY27 as higher domestic steel prices and safeguard duty offset rising coking coal, energy and logistics costs