Page 48 - Industry News

Mantra Group secures ₹2,000 crore Worli project through NCLT resolution

Pune-based developer Mantra Group has won the stalled Worli project through the insolvency resolution process, marking its third acquisition in Mumbai within a year

Is electricity the new oil? Why firms are pushing towards electrification

From electric vehicles to battery factories and AI data centres, electrification is emerging as the next frontier of economic growth, but will it do to the world what oil did in the last century?

Why some states lag in rooftop solar installation despite PM Surya Ghar

India added a record 2.7 GW of rooftop solar capacity in the January-March quarter, but growth remains concentrated in a handful of states.

India Inc profit hit from West Asia crisis to halve if truce holds: Crisil

The revised outlook follows a sharp correction in crude oil prices after the reopening of the Strait of Hormuz under a fragile US-Iran memorandum of understanding

Alembic Pharma gets USFDA nod for drug to treat influenza A and B in babies

The drug that has received the final approval from the US regulatory body is Oseltamivir Phosphate for Oral Suspension, 6 mg/mL

Mini-economy: Little shoppers become Indian apparel's biggest growth story

Country's youngest consumers are reshaping wardrobes as brands expand kidswear offerings to capture rising demand

Railways to modify its wagon design policy in the next 15 days

Indian Railways plans to let industries design customised wagons, aiming to boost freight volumes and attract new cargo segments

Power sector faces cost pressure from rising aluminium, copper prices

Rising aluminium and copper prices are driving up costs for India's power equipment and renewable energy sectors, squeezing margins and project economics

Govt eases quality control order hurdles for toys, ACs and furniture

Government eases QCO compliance with a transition scheme, offering manufacturers temporary relief while maintaining quality standards

Mumbai Port unveils ₹3,541 cr projects to boost cargo and waterfront growth

Mumbai Port Authority unveiled projects worth ₹3,541 crore, spanning berth upgrades, a marina, connectivity and waterfront development to boost cargo capacity and tourism

Demand for life insurance to remain strong in FY27, says Keki Mistry

Chairman Keki Mistry says favourable demographics, rising financial awareness and regulatory reforms will support long-term growth in India's life insurance sector

Jio's offer to repurpose 26GHz spectrum faces Airtel's opposition

The spectrum band promised a lot - high speeds in 5G-enabled cellphone handsets, and enough bandwidth to work in crowded areas like stadiums, airports and ports

India tech funding rises 12% to $7.2 bn in H1 2026 but deal count shrinks

Technology startups raised $7.2 billion in the first half of 2026, with larger funding rounds driving growth even as deal volumes, investor participation and first-time funding declined

MGL urges residents in gasified societies to apply for PNG connections

Mahanagar Gas says LPG supplies to housing societies with operational PNG infrastructure will stop after 90 days, urging residents to apply for piped gas connections

Anil Ambani moves NCLAT against personal insolvency proceedings

Anil Ambani has moved NCLAT against the NCLT order admitting SBI's personal insolvency plea over guarantees linked to Reliance group company loans

Telecom subscriber base rises to 1.34 bn in May, Airtel leads growth: Trai

India's telecom subscriber base rose to 1.34 billion in May, with Airtel and Jio accounting for nearly 94% of the month's net additions

Govt relaxes LPG distribution curbs for industrial users as Hormuz reopens

The Centre has restored non-domestic LPG supplies to pre-conflict levels and partially resumed bulk LPG allocations as energy supplies improve following the reopening of the Strait of Hormuz

Odisha plans iconic IT park as ₹50K crore tech pipeline awaits infra boost

The proposed 25-acre IT park in Bhubaneswar will target IT, ITeS, semiconductor and AI firms as Odisha looks to support over Rs 50,000 crore of proposed investments

Odisha plans 11 GW renewable energy capacity by 2030 amid investment surge

The state plans major investments in renewable energy and transmission infrastructure as it seeks to emerge as a leading clean energy and green hydrogen hub by 2030

Centre brings vaccines, anti-cancer drugs under QR code tracking regime

The Health Ministry will expand mandatory QR code-based traceability to vaccines, antimicrobials, anti-cancer, narcotic and psychotropic drugs in a phased rollout