Page 4 - Industry News

NTPC plans ₹14,000 crore investment in Chhattisgarh gasification project

NTPC expects around ₹2,000 crore in government support for its proposed Talaipalli plant, which will produce synthetic natural gas and take four to five years to build.

RBI rate hike may pressure housing affordability, but demand seen resilient

Developers and consultants expect the impact to be sharper in affordable and mid-income housing, while premium demand and broader sector momentum remain relatively resilient

FSSAI suspends Biolife Remedies licence over food safety non-compliance

Inspections found pest activity, fungal growth and poor upkeep at Biolife Remedies, while FSSAI flagged deficiencies in quality assurance, testing and safety monitoring

Flipkart, Amazon bet on delivery speed as India's festive sales kick off

Online festive sales could rise 29 per cent to ₹1.55 trillion, with quick commerce taking a 16 per cent share as Flipkart and Amazon expand their rapid delivery networks

Uniform standards, regulatory support key to zero-touch telecom networks

Industry leaders at India Mobile Congress say autonomous networks can improve efficiency, but need common standards, regulatory support, safeguards and human oversight

AlcoBev industry contributed ₹4 trillion to India's FY25 taxes: Report

Telangana had the highest share of alcohol revenue in states' own tax revenue in FY25 at 32 per cent, followed by Tamil Nadu at 27 per cent and Uttar Pradesh at 25 per cent.

Minus data centres, India's new investment plans shrank in H1FY27: Report

Investment announcements rose 34.7 per cent to ₹30.38 trillion in H1FY27, driven by data centres, while plans outside IT fell about 4 per cent to ₹20.92 trillion

Beyond port expansion, Odisha eyes ₹50,000 crore major maritime investments

Paradip's capacity expansion, the proposed Bahuda port and a Kendrapara shipbuilding cluster anchor Odisha's maritime investment pipeline of more than ₹50,000 crore.

Gabriel India forms joint venture with Forvia for advanced seating systems

The joint venture, Faurecia Anand Seating India, will combine Forvia's seating technology with Gabriel India's manufacturing capabilities to serve Indian automakers.

Govt cuts stock limit for sugar dealers to 1,000 quintals from Oct 15

The Department of Food and Public Distribution on Tuesday issued a gazette notification to implement this decision, which will come into effect from October 15

Flipkart Fashion seller base jumps 77% after zero-commission move

Its fashion seller base has grown 77% this year, and new listings have more than doubled, as its Big Billion Days (BBD) sale begins October 8

L&T arm bags order worth over ₹5,000 crore for Jharkhand power project

L&T Energy CarbonLite Solutions has secured a limited notice to proceed for the main plant package of the 1,600 MW Chandrapura thermal power project in Jharkhand.

GST Council meet: Industry seeks smoother refunds and fewer notices

As the GST Council prepares to meet, businesses want the next phase of reform to focus on getting stuck credit moving, reducing repeated scrutiny and making compliance simpler

Repo rate hike may raise costs, but real estate demand to stay resilient

The Reserve Bank of India raised its benchmark interest rate by 25 basis points to 5.50 per cent on Wednesday, its first increase in nearly four years

PM Surya Ghar crosses 17.5 GW; rooftop additions fall for 2nd month: Report

PM Surya Ghar has crossed 17.5 GW, but monthly rooftop solar additions fell for a second straight month, a report shows

Starlink India ops built to meet country's regulatory needs: Official

Starlink Business Operations Vice President Lauren Dreyer said the company has made an investment in setting up the required infrastructure to serve the Indian market

Steel ministry unlikely to seek curbs on cheap imports despite mills' plea

New Delhi had last December imposed import tariffs on some grades for three years but despite the measure, there has been a surge in imports

India gains ground in cleantech manufacturing as supply chains diversify

Policy support, a large domestic RE market and the global push to diversify supply chains are drawing manufacturing investment to India, though batteries and upstream solar components need to catch up

Nasscom flags 2 GST issues for services exports ahead of Council meet

The Goods and Services Tax (GST) Council is scheduled to meet on October 8

Spot electricity prices double amid demand surge and coal crunch

Most NTPC plants have coal stocks for just 7 days