Page 47 - Industry News

MCA likely to ease three-year cooling-off period for auditors

That means, during the cooling-off period between statutory audits, the auditor can offer permissible non-audit services to the same client

AI usage by logistics firms boosts delivery timelines of startups

An analysis by Unicommerce, based on summer sales this year, found that brands were able to limit RTO rates to 17 per cent, compared with nearly 25 per cent during the corresponding period last year

Maharashtra FDA cancels Cipla C&F licences in Pune; firm contests order

State regulator cites alleged packaging, inventory and storage violations at Cipla's Pune C&F warehouse; company challenges order, says matter is sub judice

TIAA Global Capabilities leases 2.56 lakh sq ft in Pune for ₹320 crore

The company has leased the office space at Panchshil Vantage in Wagholi for 10 years at ₹92 per sq ft per month, with a 15 per cent escalation every three years

PNGRB, EESL sign pact to deploy smart domestic PNG meters across CGD sector

Partnership aims to aggregate demand and build an ecosystem for smart domestic PNG meters by bringing together CGD entities, manufacturers and technology providers

Airtel adds 2.68 mn mobile users in July, Jio sees 2.44 mn net additions

Airtel led the industry's July mobile subscriber growth with 26.8 lakh net additions, while Reliance Jio, gained 24.4 lakh new users, TRAI's monthly subscription data showed

AI, OTT, gaming to drive India's media market towards $36.7 billion by 2030

PwC's latest outlook sees India's media and entertainment market expanding rapidly, with digital advertising, gaming, streaming and connectivity among key growth areas

Viksit Bharat target has a low manufacturing value-addition problem

Top export sectors remain vulnerable due to high reliance on imported components

Major steelmakers turn to value-added steel as end-users go premium

JSW Steel, Tata Steel, AM/NS India and Jindal Steel are expanding downstream capabilities as demand rises for higher-performance, premium steel products

NTPC studies 34 sites across 13 states for 30 GW nuclear target by 2030

The power major is also targeting 149 GW of capacity by 2032 and plans around ₹16.86 trillion of capital expenditure by FY37 across generation and storage businesses

Plant-based protein market to reach ₹9,000 cr in 5 yrs: Industry body PBFIA

PBFIA said India's plant-based protein ingredient market is projected to double to ₹9,000 cr in the next 5 years, with consumers' preference shifting from calorie-conscious food to targeted nutrition

Russia remains India's largest crude supplier in August: Kpler data

Russian crude imports are expected at around 2.1 mbpd in August, down from 2.6 mbpd in June and July; fresh US sanctions on Iran are unlikely to have a material direct impact

Entertainment, media market to reach $36.7 bn by 2030: PwC India report

Internet advertising revenue is projected to nearly double from $7.5 billion in 2025 to $14.3 billion by 2030, growing at a CAGR of 13.9 per cent

Yotta to order 50,000 Nvidia Vera Rubin GPUs for $7.5 billion

The deal will also include ordering another 45,000 of Nvidia's GB-300 GPUs (part of the Blackwell family architecture), which are currently the latest on offer by the company

Govt floats experimental method to put a value on marine fish resources

NSO proposes valuing marine fish resources through expected future resource rents, with stock sustainability and asset life determining their monetary value

India needs doctors, but foreign graduates face tough clinical test

Low pass rate brings overseas medical training under scrutiny

JNPA rises seven spots to rank 21st among top global container ports

JNPA climbed from 28th position in 2025 to 21st in H1 2026 as operational efficiency, cargo evacuation, vessel handling and multimodal connectivity improved

45 Indian coal power plants have critically low fuel, government data shows

Heavy rainfall in some of the key coal-rich Indian states, including Odisha, Jharkhand and Chhattisgarh has hit mining and slowed the transportation of the fuel for power plants, industry sources said

HCLTech sets up Wacker Chemie global capability centre in Pune, India

The Pune GCC will support Wacker Chemie's engineering, IT and digital transformation initiatives, while providing a future-ready delivery foundation

India plans $1.4 billion in aid to boost advanced battery parts output

While India already provides subsidies for making cells used to power electric cars and for energy storage, the first set of local battery makers have been navigating supply chain snags