Page 44 - Industry News

Orissa HC backs Odisha tobacco curbs, rejects manufacturers' challenge

The Orissa High Court rejected challenges by chewing-tobacco manufacturers but clarified that the state notification does not impose a blanket ban on all tobacco products

8 of 19 services sub-sectors post double-digit growth in June: MoSPI

The index of services production released on Monday for the third time on a trial basis showed eight of 19 service categories recorded double-digit growth in June this year.

Lenders take aim at 61.78% vote linked to Subhash Chandra's family

Dissenting lenders allege five entities linked to Subhash Chandra's family helped push through a repayment plan proposing Rs 6.5 crore against admitted claims

CCPA slaps ₹1 lakh fine on United Biscuits over 'wholewheat' claim

The CCPA found that the biscuits contained 19.5 per cent whole wheat, while refined wheat flour (maida) accounted for 52 per cent of the product, despite the product being marketed as 'wholewheat'

Mumbai's August property registrations hit 14-year high: Knight Frank India

Mumbai is projected to have recorded 12,503 property registrations in August, up 11 per cent YoY, while stamp duty collections rose 12 per cent to Rs 1,123 crore

Ex-mill sugar prices fall 30% to ₹47 per kg but retail rates yet to decline

Ex-mill sugar prices have dropped from ₹67 to ₹47 per kg after government measures, but retailers are holding on to costlier stocks, delaying a fall in retail prices

TARIL enters nuclear power sector with first transformer order for NPCIL

The order, received from Megha Engineering and Infrastructures Ltd (MEIL), is the company's first in the nuclear power sector

NIIF gets $2 bn commitment from global, local investors for infra projects

The National Investment and Infrastructure Fund has raised more than half of its $3.2 billion target from global and domestic investors, including AustralianSuper and Temasek

Govt notifies ₹1.27 trillion Semicon 2.0 scheme to boost chip sector

The scheme will provide fiscal support across six segments of the semiconductor value chain, including chip design, fabrication, packaging and testing

Billionaire PV Krishna Reddy taps $700 mn private credit for Megha buyout

Megha Engineering MD PV Krishna Reddy is seeking about $700 million from global private credit investors to fund the purchase of his uncle's 43% stake in the company

Fertiliser ministry deploys analytical tool to prevent fertiliser shortage

Centre deploys a real-time fertiliser tracking tool linked with iFMS and AgriStack to detect shortages, monitor inventories and curb leakages

Statsguru: Sugar tastes bitter as retail prices surge amid tighter supply

India's sugar prices have surged 39% year-on-year as lower output and rising demand narrow the trade surplus, while ethanol production diversifies beyond sugarcane

Sarvam AI co-founder Vivek Raghavan named among TIME's top AI leaders

Sarvam AI co-founder Vivek Raghavan has been named among TIME's 100 most influential AI leaders as the company builds India's sovereign LLM ecosystem

Gaurs Group buys 35 acre land parcels along Yamuna Expressway for ₹700 cr

The company bought three land parcels in Sector 18 along the Yamuna Expressway, which connects Noida and Greater Noida to Agra, at an auction from ICICI Bank

GTRI calls for review of quality control orders to ease trade barriers

Mandatory quality certification under these orders raises costs, hurts MSMEs and makes goods more expensive, the Global Trade Research Initiative said

Smartworks to invest ₹600 crore in expansion, centres to meet rising demand

Gurugram-based Smartworks, which has a portfolio of 16.9 million square feet of office space across 70 centres in 15 cities across India and Singapore, posted a total revenue of ₹1,850 cr in 2025-26

Tata arm seeks bigger private sector role in nuclear power, says CEO

Tata Consulting Engineers expects nuclear energy to contribute 5-6% of revenue by FY30 as private participation rises following the SHANTI Act

Park Medi World to expand hospital network, add 1,450 beds by FY28

The hospital chain, which has 1,168 doctors across the network, plans to add 1,450 beds by FY28 to its current capacity of 4,290. It employs 6,423 people as of March 31, 2026

Haryana signs MoUs for 4 waste-to-energy plants with 5,000 TPD capacity

Haryana has signed MoUs for 4 integrated waste-to-energy plants in Hisar, Ambala, Faridabad and Gurugram to process 5,000 tonnes of waste daily

NCRTC signs pact for solar plant to meet 60% of Namo Bharat's power needs

The arrangement aims to provide greater predictability in energy costs and reduce the corridor's dependence on conventionally generated power