Page 44 - Industry News

Nasscom calls TCS incident isolated, reiterates IT sector safety norms

Nasscom says the TCS harassment case is isolated and not reflective of the IT industry, reiterating strict safety norms, governance frameworks, and zero tolerance for misconduct

Odisha govt bars power line cuts despite dues nearing ₹7,000 crore

Odisha has barred power disconnections for unpaid bills during summer despite dues nearing Rs 7,000 crore, aiming to provide relief amid heatwave and rising electricity demand

Andhra Pradesh launches India's first quantum reference facility

Chief Minister N Chandrababu Naidu launches a quantum reference facility in Amaravati to build a sovereign hardware ecosystem and drive innovation in advanced computing technologies

UP hikes minimum wage by up to 21% after protests; unrest continues

Uttar Pradesh raised minimum wages by up to 21 per cent after worker protests in Noida, but agitations continued amid heavy security and demands for higher pay

India leads steel demand growth as global outlook weakens: Report

West Asia conflict is expected to drag steel demand in key regions, while India remains the fastest-growing major market supported by infrastructure push and consumption trends

Soft drink bottlers set for growth; margins under pressure: Crisil

Crisil says soft drink bottlers may see revenue growth return to 15 per cent this financial year, but rising competition and higher crude-linked packaging costs could weigh on margins

JNPA says ops efficiency maintained amid global supply chain uncertainties

JNPA says it has maintained operational efficiency despite global supply disruptions, with improved container dwell time, steady cargo movement, and strong performance indicators in FY26

India set to emerge as world's 2nd largest solar market in 2026: NSEFI

This marks a significant acceleration compared to the 11 years it took to reach the first 50 GW, followed by nearly three years to scale up to 100 GW

Gail to invest ₹3,800 crore in 700 MW solar projects in UP, Maharashtra

It will also set up a 100-MW solar project with a 22-MWh storage system in Chhatrapati Sambhaji Nagar, Maharashtra, to cater to its PDH-PP plant in Raigad

Dharavi Sector-6 set for rehab work as DRP seeks residents' support

DRP has asked Sector-6 residents in Dharavi to vacate tenements ahead of monsoon to enable timely rehabilitation construction, offering transit housing, rent support and modern homes

I-T staff unions warn of agitation from April 16 over long-pending demands

Officers from the Indian Revenue Service (IRS) constitute the third association, and they lead the department as heads of various verticals

Clean-energy jobs may grow over 3x to 5.1 million in 4 years: Study

Jobs in the clean-energy sector are projected to reach 905,000, while energy efficiency (EE)-related jobs are expected to surge to 428,700 by 2029-30

Govt should cap product testing charges under quality control order: GTRI

While QCO policy aims to improve product quality and consumer safety, the pace of expansion is putting pressure on testing infrastructure, GTRI said

Birla Estates receives bookings of ₹650 crore at Bengaluru project

Developer sells over 85 per cent of launched inventory in Bengaluru project, with cumulative bookings across phases nearing ₹2,459 crore amid strong demand in Devanahalli

Govt amends pricing norms for low-grade iron ore to boost steel supply

The move is expected to bring low-grade resources into viable use, addressing depletion of high-grade deposits and promoting mineral conservation through scientific mining practices

Discom appetite for vanilla solar has weakened, says MNRE secretary

Santosh Kumar Sarangi outlines focus on transmission upgrades, distributed renewables and offshore wind as India tackles grid stress and stranded green capacity

IMD forecasts 'below-normal' monsoon in 2026 for the first time in 3 years

The forecast, which has a model error of plus or minus 5 per cent, is mainly due to the development of El Niño conditions during the June to September months, the Met department said

Nites approaches labour ministry, seeks Posh compliance audit in TCS

Nites urged the ministry to take "immediate and decisive action" by directing a comprehensive and time-bound audit and inspection

Rajasthan's renewable projects worth 60 GW await transmission links

The western ‌desert state has 179 GW of renewable energy potential, with more than 85% of projects clustered in its four districts of Barmer, Bikaner, Jaisalmer and Jodhpur, the April 10 filing showed

Over 80% phone models sold in India see 15% price rise, say analysts

Successive price hikes, leaner specs, and fewer launches point to a demand slowdown