Page 42 - Industry News

Stepping Up: How homegrown sneakers are redefining India's footwear scene

Indian consumers are increasingly choosing homegrown sneaker brands over global labels, drawn by better comfort, local design relevance, sustainability and value-for-money pricing

Engine damage may disrupt Air India's A350 flights, airline warns

The damage to the airplane occurred as it was taxiing in dense fog in New Delhi, the carrier said. It did not disclose further details on the foreign object or the routes that could be affected

Scrap OID cess on pre-NELP, nomination blocks: Oil sector's Budget plea

OID cess, levied under the Oil Industries (Development) Act, 1974, was converted from a specific rate to an ad-valorem levy of 20 per cent from March 1, 2016

Business deals worth ₹500 cr expected at India Food Expo 2026 in Lucknow

Uttar Pradesh aims to cement its status as a food processing hub, with ₹500 crore business deals expected at the three-day India Food Expo 2026 in Lucknow

BHEL begins supply of Vande Bharat train transformers from Jhansi unit

BHEL, in a statement, said the supply of underslung traction transformers for the prestigious Vande Bharat Sleeper Train project is a significant milestone in its 'Make in India' initiatives

2025 best year for Indian cinema since pandemic despite lower footfalls

India's box office crossed ₹13,000 crore in 2025 as ticket prices surged and regional cinema surprised, even as overall footfalls slipped

10-minute delivery promise fades for consumers, riders see no change

Delivery workers say companies have not communicated any changes to timelines or incentives, even as quick-commerce platforms remove 10-minute delivery claims from consumer-facing apps

Telcos seek pricing cap on in-building network infra at public places

COAI has asked the regulator to examine NMIAL's conduct on RoW denial and seek a cost-based pricing framework, including ceilings, for in-building telecom infrastructure at airports and similar public

Amazon can't evade liability for defective TV, rules consumer commission

Amazon declined a refund and advised him to contact the manufacturer, following which he approached the consumer commission, seeking refund and compensation for mental agony

Govt nudging companies to step up engagement with startups, says DPIIT secy

The government is urging corporates to work more closely with startups to support entrepreneurship, cut manufacturing costs and strengthen domestic supply chains, DPIIT secretary said

Oil refiners to report strong Q3 performance aided by high refining margins

The state-run refiners are expected to report gross refining margins of $10-13 per barrel in the third quarter of FY26, aided by strong product cracks and benign crude prices

Centre recommends PPP model to boost healthcare services in Andhra

The Centre urged the Andhra Pradesh government to adopt a public-private partnership model to modernise its healthcare system.

Tier-2, Tier-3 cities drive 64% of home loan volumes in 2025: Report

As affordability pressures persist in core metros, a growing share of aspirational homebuyers is entering the market through smaller cities and peripheral urban corridors

Festivals, wedding sales, GST rate cuts may have fuelled Q3 retail growth

Analysts at Elara Capital, in a note last week, said they expect the retail companies to deliver a revenue growth of 12 per cent year-on-year (YoY) in the quarter

Integration between tracks, freight corridors speeds up: Railways ministry

Seamless integration between dedicated freight corridors and the Indian Railways network is improving, with a record 892 interchange trains handled in a single day, the railways ministry said

NHAI, Reliance Jio launch trials for real-time cattle alerts on highways

State-owned NHAI, in a statement, said the pilot project is being implemented on the Jaipur-Agra and Jaipur-Rewari NH corridors

Labour secretary urges states to expedite finalisation of labour code rules

Labour secretary Vandana Gurnani has urged states to fast-track labour code rules, avoid overlaps with Shops and Establishments Acts, and strengthen Centre-state coordination

Delhi HC restores ban on diabetes FDC drugs; proof of harm not needed

The Delhi High Court reinstated the Centre's 2018 ban on certain diabetes fixed-dose combination drugs, ruling that the law allows action based on potential health risks

Gems, jewellery sector seeks duty cuts, GST relief ahead of Budget FY27

A phased pilot may be launched initially at Delhi, Mumbai and Bengaluru airports, where both jewellery sales and foreign tourist footfall are highest, GJC stated

Govt inaugurates second regional conference on labour codes in Jaipur

The Centre inaugurated the second of six regional conferences in Jaipur to discuss rules, IT readiness and coordination with states for smooth implementation of the four Labour Codes