Page 4 - Industry News

Indegene eyes clinical research acquisition to widen pharma services play

The company is evaluating specialised CROs, data-management and patient-recruitment businesses as it looks to expand across the pharmaceutical value chain

Tractor retail sales defy El Niño worries, rise 25% in April-July

Registrations hit record July high as rainfall recovery, kharif sowing and healthy farm cash flows support rural demand

Oil-and-gas PSUs see first Q1 capex decline in at least five years

Combined capital expenditure by 12 oil and gas PSUs fell 3.8 per cent to Rs 27,161 crore in Q1FY27, led by sharp declines at ONGC and Indian Oil, though experts see the dip as temporary

Ambani, Birla, Jindal families together valued at ₹42 trn: Barclays report

India's 10 most valuable families had a combined valuation of Rs 70.5 trillion as of June 2026, up from Rs 69 trillion a year earlier, according to the report

Parliamentary panel recommends 25% of road budget for public transport

While the complete report was not available at the time of publishing, the panel's recommendations in its statement focused on enhancing bus transport in the country

FSSAI proposes new limits for high-fat, sugar and salt foods in schools

The new framework aims to identify foods high in added fat, sugar and salt, while setting clearer nutritional benchmarks for food available to schoolchildren

PM Surya Ghar got 7.77 million applications, 4.19 million installations

PM Surya Ghar has received 7.77 million applications since February 2024, with 4.19 million rooftop solar systems installed, covering 5.04 million households

Tribeca, Ira Realty to invest ₹2,000 cr to build Trump Towers in Hyderabad

The Trump Towers project, located at Golden Mile Road in Kokapet, comprises two 65-storey buildings with 450 apartments, including 16 penthouses

Green debt share in Reit borrowings doubles to 12% in four years: Icra

Outstanding green borrowings rose nearly sevenfold to ₹8,400 crore by March 2026, while Icra expects their share in total Reit debt to reach 15-17 per cent

Parl panel suggests capping pvt hospital room rates at 3-star hotel tariff

A parliamentary panel has proposed a 3-star hotel rate benchmark for pvt hospital rooms in metros, citing wide cost gaps between public and private healthcare, calling for greater billing transparency

Only AI alone can help limit AI frauds, says RBI Governor Malhotra

He said AI could become as significant to the current decade as liberalisation was to the 1990s and digitalisation to the 2010s

Domestic medtech players seek separate legislation for medical devices

Medical device manufacturers call draft drugs, medical devices and cosmetics bill pharma-centric, misaligned with global medtech norms

FMCG to automobiles: India Inc counting the cost of West Asia conflict

While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow

RPSG Group subsidiary to buy ReNew's 1.4 GW solar capacity for ₹4,859 cr

The acquisition will raise Purvah Green Power's contracted capacity to 4.8 GWp and support RPSG Group's ambition to build a 10 GW renewable energy platform

An Indian encore, for chips: Meity's semiconductor plan is just beginning

India is betting on Semicon 2.0 and a China+1 strategy to build a competitive semiconductor ecosystem, targeting mature-node chips and a larger share of global OSAT business

MMDR Bill may ease retrospective tax burden on miners, steelmakers

The Bill seeks to restrict states' powers to impose taxes and cesses on mineral rights and could provide relief from retrospective liabilities arising from a 2024 SC ruling

CAG flags ₹6,603 cr land cost overrun, financial stress at Bangalore Metro

The auditor flagged poor planning and land acquisition, saying BMRCL has continuously incurred cash losses and remains dependent on Karnataka to service its debt

Tata Trusts to Charity Commissioner: Allow SRTT to take part in AGM

Tata Trusts trustees have approached Maharashtra's Charity Commissioner seeking permission for Sir Ratan Tata Trust trustees to attend key meetings ahead of the Tata Sons AGM

Odisha agri and food exports to reach $1 billion by 2035: Assocham study

Odisha could emerge as a major food-processing and agri-export hub by 2035, with Assocham projecting potential to reach $1 billion in agricultural and processed-food exports

Fresher hiring gains in manufacturing, retail as IT demand cools: Report

The report also flagged limited practical exposure, faster-changing skill requirements and employers becoming more selective about training investments as key challenges for entry-level workers