Page 41 - Industry News

ACME JV secures subsidy from Japan for green ammonia project in Odisha

ACME Group and IHI Corporation's joint venture has secured support under Japan's price gap subsidy programme, boosting the bankability of its 405,000-tonne green ammonia project in Odisha

Union minister Pralhad Joshi inaugurates 950 MW solar projects in MP

The Union minister also laid the foundation stone for industrial and development projects worth Rs 1,593 crore, while highlighting competitive solar tariffs

Built-to-suit on the rise for want of Grade A+ office segment in India

Rising GCC and MNC demand, coupled with a shortage of premium Grade A+ offices, is driving built-to-suit projects and forward leasing across India's top markets

CCI clears pharma firms, trade bodies in 14-year-old antitrust case

The antitrust watchdog rejected its Director General's findings, ruling there was no evidence of anti-competitive agreements involving stockist appointments or new drug launches

West Asia conflict pushes housing sales in metros down 6% in Apr-Jun

Residential sales across the top seven cities fell to 90,715 units in Q2 2026, while new launches rose 7 per cent as developers continued to add inventory despite uncertainty

35% of Claude users see AI doing most of their work next year: Report

Anthropic's latest Economic Index Report found that over 35% of Claude users believe AI could perform most of their work within the next year, reflecting the technology's growing integration

Platforms challenge Karnataka gig workers' Act, flag double payout

Platforms say it increases compliance burden given nationwide framework

AI can turn data blind spots into false certainty, says P K Mishra

P K Mishra warns AI can reinforce data biases in official statistics, urging stronger safeguards, transparency, and institutional independence in data governance

Andhra Pradesh to allocate land for ₹20K crore rare-earth projects

Of the total, around Rs 16,000 crore is expected to come from upstream processing projects, while downstream magnet manufacturing could account for another Rs 4,000 crore

MIB forms high-level Study Group to boost Indian film industry and cinemas

The Prasoon Joshi-led panel will recommend measures to strengthen film production, distribution, financing and technology, while supporting the expansion of cinema infrastructure

Delhi's power demand touches record 8,748 MW, crosses last year's peak

The capital's peak electricity demand surpassed last year's record as power distribution companies met rising summer demand through long-term contracts and market purchases

Tata Power discoms hit by ₹271 crore Odisha govt electricity dues

Tata Power has written to the Odisha chief secretary seeking clearance of dues, warning that unpaid bills are adding to borrowing costs and financial strain

Govt plans ₹5K cr scheme in 3 months to promote green tech in steel sector

The scheme will cover all steelmakers in the country. However, a major share of the funds will be earmarked for secondary players

Serentica Renewables to invest ₹1 trillion in Rajasthan renewable projects

KKR-backed Serentica Renewables plans to invest Rs 1 trillion in Rajasthan as it expands its solar and battery storage portfolio to support industrial decarbonisation

Rajasthan govt fast-tracks green building code with EV, renewable focus

Draft code mandates rooftop renewables and EV-ready parking for large commercial buildings as Rajasthan speeds up green construction norms with incentives and penalties

Oberoi Realty to invest ₹6,000 cr to build first Delhi-NCR housing project

The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers

Is India's data centre boom keeping pace with disaster preparedness?

The Tata data centre fire has shifted the focus from building capacity to ensuring resilience as India's digital infrastructure scales up

Govt rolls out improvement notice mechanism to boost ease of doing business

The government has introduced an improvement notice mechanism under the Legal Metrology Act, allowing businesses to fix first-time procedural lapses before facing penal action

Fix first-time lapses, face action later: Centre eases metrology rules

The change has been effected through the Jan Vishwas (Amendment of Provisions) Act, 2026, as part of the government's Ease of Doing Business (EoDB) agenda

Housing sales down 6% in Apr-Jun in top 7 cities, avg price up 7%: Anarock

As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata