Page 4 - Industry News
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")
White plates, shared costs: Why carpooling remains legal grey zone in India
As app-based carpooling platforms expand in India, questions remain over where cost-sharing ends and commercial transport begins under the country's existing motor vehicle laws
 "White plates, shared costs: Why carpooling remains legal grey zone in India")
DPCO gets regulatory booster shot as govt eases compliance burden
Industry says amendments reduce procedural burden while tightening documentation and record-keeping norms for drug manufacturers under the pricing order
 "DPCO gets regulatory booster shot as govt eases compliance burden")
'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts
The Supreme Court set aside an NCLT order over AI-generated fake precedents, directing zero tolerance for citing hallucinated judgments in courts
 "'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts")
Delhi govt orders CAG audit of power discoms over pending RAs of ₹38,500 cr
The Delhi government has ordered a CAG audit of power discoms over ₹38,500 crore in regulatory assets that are ultimately recoverable from electricity consumers
 "Delhi govt orders CAG audit of power discoms over pending RAs of ₹38,500 cr")
IBBI proposes recovery clarity for guarantors, tighter valuation norms
Draft changes follow IBC Amendment Act, 2026, and aim to plug gaps in insolvency regulations
 "IBBI proposes recovery clarity for guarantors, tighter valuation norms")
IRB Infrastructure Trust to transfer 2 BOT assets in ₹4,605 crore deal
IRB Infrastructure Trust will transfer two operational BOT highway projects to its listed InvIT as part of its capital recycling strategy, boosting its O&M order book by about Rs 2,400 crore
 "IRB Infrastructure Trust to transfer 2 BOT assets in ₹4,605 crore deal")
Coal output from captive and commercial mines rose 14.9% in June
Dispatch also increased in June as three new mines, including the Urtan coking coal block, commenced production during the first quarter of FY27
 "Coal output from captive and commercial mines rose 14.9% in June")
ACE, Japan's KATO to invest ₹200 cr to manufacture cranes in India
ACE and Japan's KATO Works will invest ₹200 crore in a Haryana facility to manufacture high-capacity cranes for domestic and global infrastructure markets
 "ACE, Japan's KATO to invest ₹200 cr to manufacture cranes in India")
Free trade agreements to give major boost to toy exports: Industry
India's FTAs with the UK and EU are expected to boost toy exports by providing zero-duty market access and opening new opportunities for domestic manufacturers
 "Free trade agreements to give major boost to toy exports: Industry")
Normal shipping in Strait of Hormuz still months away, say experts
Shipping activity through the Strait of Hormuz remains subdued despite easing tensions, with experts expecting normal operations to resume only after de-mining and security measures are completed
 "Normal shipping in Strait of Hormuz still months away, say experts")
Visa says authentication must move beyond OTPs, launches Payment Passkey
Visa launched its Payment Passkey solution in India, saying digital payment authentication must move beyond passwords and OTPs as AI-driven commerce expands
 "Visa says authentication must move beyond OTPs, launches Payment Passkey")
Bank of Baroda settles case out-of-court with NMC Health for $600 million
Bank of Baroda settled its dispute with NMC entities for $600 million, while reporting 17% credit growth and a 14% rise in deposits in Q1FY27
 "Bank of Baroda settles case out-of-court with NMC Health for $600 million")
RIICO moves to boost industrial growth and investor climate in Rajasthan
RIICO recovers over ₹100 crore in land allotment dues, with funds set to boost infrastructure and modern facilities across Rajasthan's industrial areas
 "RIICO moves to boost industrial growth and investor climate in Rajasthan")
Indian public relations industry pegged to reach ₹4,500 cr by 2030: Report
The growth rate of 11 per cent in FY26 is a moderation from a decade-long CAGR of 12 per cent, signalling a maturing industry, said the report
 "Indian public relations industry pegged to reach ₹4,500 cr by 2030: Report")
Skyroot sets launch window for India's 1st private orbital rocket Vikram-1
The final date of the lift-off will be subject to the completion of assembly and testing operations at the launch site in the Satish Dhawan Space Centre, Sriharikota
 "Skyroot sets launch window for India's 1st private orbital rocket Vikram-1")
Suzuki Motorcycle India posts 21% sales growth in June at 115,030 units
The company's sales performance in June reflects the sustained momentum, supported by strong demand, said Deepak Mutreja, Vice President for Sales and Marketing at Suzuki Motorcycle India Pvt Ltd
 "Suzuki Motorcycle India posts 21% sales growth in June at 115,030 units")
FSSAI pulls up Red Bull, 5 other energy drink makers over misleading claims
Several beverage brands marketing themselves as "energy drinks" were making functional or therapeutic claims that are not allowed under local laws, the FSSAI said
 "FSSAI pulls up Red Bull, 5 other energy drink makers over misleading claims")
Microsoft-led consortium to build India-Southeast Asia undersea cable
The other members of the consortium include Tata Communications, Singapore Telecommunications, Singapore's ASEAN Cableship and Japan's NEC Corporation
 "Microsoft-led consortium to build India-Southeast Asia undersea cable")