Page 40 - Industry News

Inox Clean acquires US solar manufacturer Boviet Solar for $750 million

Acquisition gives Inox Clean 3 GW each of module and cell manufacturing capacity in the US amid rising demand for renewable energy

SC summons Rajasthan officials over illegal mining in Chambal Sanctuary

Apex court seeks compliance affidavits and warns of stricter action over illegal sand mining threatening wildlife in the Chambal region

Realty major DLF eyeing residential sales worth ₹20,000 crore in FY27

Realty major expects strong sales momentum from upcoming launches in Gurugram, Mumbai and Goa despite concerns over commercial leasing delays

Developers seek extension of project timelines amid West Asia conflict

Credai seeks a blanket three to six-month extension for project deadlines, citing disruptions in material supplies and labour availability

Rajasthan bets on pre-embedded mineral blocks to boost mining revenue

Rajasthan plans auctions for 10 pre-embedded major mineral blocks this year to accelerate mining activity, jobs and revenue growth

India PE/VC investments fall 17% to $36 bn; deal volumes rise 10%

A Bain & Company report said India's PE/VC market entered a more disciplined phase in 2025, with deal volumes rising around 10 per cent despite lower investment value

Jio Platforms appoints Akash Ambani as managing director ahead of IPO

Jio Platforms is expected to file draft papers for its Initial Public Offering (IPO) by the end of May or in June

DBN, Andhra sign pact for BharatNet expansion with ₹2,432 cr financial aid

The initiative is expected to facilitate more than five lakh rural home fibre connections with financial support from the Government of India

Labour drift: South India industry feels absence of Bengal, Assam workers

Companies in Kerala, Tamil Nadu and Karnataka are offering incentives to migrant workers amid concerns over jobs, fuel costs and the impact of the West Asia crisis

Cabinet clears ₹37,500 crore coal gasification push amid supply concerns

Incentive scheme aims to reduce import dependence on fuels and industrial feedstock while boosting domestic coal-to-chemicals capacity amid West Asia tensions

Delhi High Court directs Google, Apple to act against pornographic apps

Court says intermediaries must exercise due diligence while allowing apps on their platforms and ensure compliance with IT Rules, 2021

NDMC allows one-third of Group B and C employees to work from home

The order, issued by the Office of Director (Personnel), said the arrangement would be applicable in departments where it is administratively feasible

BGMI paying users climb 17% amid rise in India's in-game spending trends

This is the first time a gaming company has publicly shared India-specific paying user growth numbers

Gold loses its sheen on import duty hike, jewellery stores feel the pinch

Prime Minister Narendra Modi on Sunday appealed to Indians to reduce their gold purchases for a year in a move to encourage foreign exchange savings amid the crisis in West Asia

Central govt employees body seeks 'work from home', online meetings

The move came following a call by Prime Minister Narendra Modi on cutting down avoidable expenditure due to the West Asia crisis

Tamil Nadu, UP, Delhi among top states in logistics performance index

The report was released by Commerce and Industry Minister Piyush Goyal in the national capital

GCMMF, Mother Dairy to increase milk and milk product prices by ₹2

This revision is only a partial pass through of increased costs and is aimed at maintaining a fair balance between farmer welfare and consumer interests, Mother Dairy's spokesperson said.

India targets $1 trillion goods and services exports this year: Goyal

Services shipments too surged to an all-time high of $421.32 billion in 2025-26, compared to $387.55 billion in 2024-25, recording a growth of 8.71 per cent

Crude tanker detained off Odisha coast over unpaid bunker fuel dues

Orissa High Court ordered arrest of MT Unity after a UAE-based fuel supplier alleged non-payment of bunker fuel dues exceeding ₹4 crore

CERC floats idea of capacity market for electricity, calls for comments

Suggested reforms aim to ensure power availability during system stress