Page 46 - Industry News

ISM panel studying semicon chip security: Meity additional secretary

Amitesh Kumar Sinha said the committee's recommendations are likely within weeks after operational guidelines for the Rs 1.27 lakh crore ISM 2.0 are released

Coal pensioners seek ₹10,000 minimum payout as Centre rules out revision

Retirees seek inflation-linked revisions after the government told Parliament no enhancement proposal is under consideration following an actuarial assessment of the pension fund

HUL, Asian Paints among firms planning price hikes before festive season

Leading consumer companies, including Hindustan Unilever and Asian Paints, are planning price hikes ahead of the festive season as higher commodity costs and inflationary pressures squeeze margins

Cabinet clears ₹84K cr scheme to boost offshore energy exploration

The National Offshore Exploration Scheme aims to boost domestic oil and gas production through seismic surveys, deepwater drilling and shared offshore infrastructure

Govt asks Rera to extend timelines of realty projects by 4 months

The ministry cited force majeure conditions arising from the West Asia war and advised state regulators to extend registration and completion timelines for eligible projects

Solar met over 20% of peak power demand in June quarter: CREA report

Solar generation rose 37 per cent year-on-year in Q1FY27 and met more than one-fifth of peak electricity demand as renewable energy's role in India's power mix expanded

NIT Rourkela develops advanced composite for aerospace, auto sectors

The patented three-dimensional reinforced composite technology improves strength, durability and damage tolerance for applications ranging from aerospace to renewable energy

Flipkart-Netflix deal to earn buyers OTT plans, benefit launches on Aug 1

Flipkart Plus members can unlock a month of Netflix by completing four eligible monthly orders, marking Netflix's first e-commerce partnership in India

Odisha inks 13 MoUs for ₹913 crore women-led investment proposals

The investment proposals span hospitality, biotechnology, manufacturing, agribusiness and renewable energy, with the potential to create more than 4,300 jobs

Industrial credit growth triples to 19.2% in June on broad-based rise

Industrial lending gathered pace across micro, small, medium and large enterprises as non-food bank credit, services, agriculture and retail loans also recorded stronger growth

Cabinet approves ₹5,070 crore scheme for floating solar power projects

PM Surya Sarovar Yojana: Under the scheme, eligible projects will receive Central Financial Assistance (CFA) of ₹1 crore per MW after they are successfully commissioned

Flipkart's food delivery push reflects India's digital ecosystem ambitions

Flipkart's reported food delivery plans point to a shift in India's consumer internet sector, where companies are expanding beyond core businesses to up customer engagement, unlock new revenue streams

From Priya Nair to Sudha Murty, Hurun India spotlights women leaders

The 2026 Candere Hurun India Women Leaders List features 117 women across 12 categories, recognising achievements in business, sports, literature and social impact

Jio Credit, others raise ₹2,520 crore via corporate bond issuances

Companies tap the debt market ahead of the RBI's monetary policy review, with market participants expecting stronger primary activity next month

Will clear JNPA container backlog by mid-August, says Concor CMD

State-owned logistics operator says container pendency at JNPA has fallen sharply and expects domestic container volumes to grow 25 per cent this financial year

Haryana MSME policy targets ₹55,000 crore investment, 500,000 jobs

The policy offers capital subsidies, export assistance and technology incentives as Haryana seeks to double exports over the next five years

India's first Telecom Manufacturing Zone to be set up in Gwalior

India signed an MoU with Madhya Pradesh to establish the country's first Telecom Manufacturing Zone in Gwalior with ₹493 crore central support

Green hydrogen hub in Andhra Pradesh offers mega opportunity: NGEL CEO

NTPC Green Energy chief says the Rs 1.85 lakh crore project will spur demand for electrical equipment, while CEA flags grid stability and equipment lead times

Indian steel exports may fall up to 30% in FY27 as EU tightens quotas

Crisil Intelligence says lower EU duty-free quotas and stiffer competition could reduce exports and put pressure on domestic steel prices this financial year

RPG Life Sciences carves out API arm; InvAscent to invest up to ₹243 crore

Company scouts for USFDA-approved assets; on track for ₹1,000 crore in revenue by FY28