Page 48 - Industry News
Leading steelmakers colluded to fix prices, finds antitrust probe
CCI has sought financial statements to calculate penalties
 "Leading steelmakers colluded to fix prices, finds antitrust probe")
Exempt vessel sharing agreements from competition law: ShipMin to MCA
The exemption under Section 3 lapsed in 2021; the ministry's October 2024 draft proposed a three-year dispensation with conditions on Indian-flag vessels and space for Indian NVOCCs
 "Exempt vessel sharing agreements from competition law: ShipMin to MCA")
HC seeks Novo's response on Natco Pharma plea to revoke semaglutide patent
The patent in question is due to lapse in March next year. The court is scheduled to take up Natco's challenge for further hearing in February
 "HC seeks Novo's response on Natco Pharma plea to revoke semaglutide patent")
We need capabilities across entire AI value chain, says IndiaAI CEO
Nationwide labs, startups, and academia being mobilised to develop full-stack AI
 "We need capabilities across entire AI value chain, says IndiaAI CEO")
Indian IT companies in LatAm remain unaffected by Venezuela turmoil
Some of these companies, such as Infosys and Wipro, do not even operate there. While Infosys does not have a presence, Wipro's Venezuelan unit was liquidated many years ago
 "Indian IT companies in LatAm remain unaffected by Venezuela turmoil")
NITI Aayog proposes Hudco & NHB-anchored fund for affordable rental housing
10-15% EWS/LIG reservation in all housing projects proposed, along with tax exemption for developer profits on affordable housing
 "NITI Aayog proposes Hudco & NHB-anchored fund for affordable rental housing")
India's FMCG sector likely to see 5% volume growth in coming months
After nearly 18 months of lukewarm performance, the FMCG sector registered a volume growth of 5.3 per cent in the August-October period of 2025
 "India's FMCG sector likely to see 5% volume growth in coming months")
Steelmakers rework production, strengthen compliance as CBAM kicks in
Companies secure emissions verification, shift to low carbon routes even as lawyers flag risks for small exporters
 "Steelmakers rework production, strengthen compliance as CBAM kicks in")
Upside in revenues and ARPUs expected in Q3FY26 for telcos: Brokerages
Telecom revenues seen rising up to 2.6% in Q3FY26, led by Jio and Airtel, while Vodafone Idea lags amid subscriber losses and modest ARPU gains
 "Upside in revenues and ARPUs expected in Q3FY26 for telcos: Brokerages")
India's diagnostics pivots to precision tests as high-value segments grow
Industry leaders say demand for these higher-value tests aimed at early disease detection, personalised treatment and long-term health management has been expanding far faster than routine pathology
 "India's diagnostics pivots to precision tests as high-value segments grow")
Institutional investments in Indian real estate hit record $8.5 bn in 2025
Colliers India said the December quarter alone saw $4.2 billion of investments, the highest ever in a single quarter, with domestic capital accounting for 57 per cent of annual inflows
 "Institutional investments in Indian real estate hit record $8.5 bn in 2025")
Foreign investment in real estate falls 16% to $3.65 bn in 2025: Report
Among different assets, India's office market witnessed a 94 per cent increase in the institutional investments to $4.53 billion last year from $2.33 billion in the 2024
 "Foreign investment in real estate falls 16% to $3.65 bn in 2025: Report")
Land acquisition proof no longer mandatory for non-coal mining green nod
Based on the inputs received, it was observed that insisting for land acquisition documents at the time of appraisal for EC may not be practical for certain other projects"
 "Land acquisition proof no longer mandatory for non-coal mining green nod")
MatchLog joins Softlink Global to boost container asset optimisation
The integration would help container reuse and asset optimisation for freight forwarders, third-party logistics providers, and shipping companies
 "MatchLog joins Softlink Global to boost container asset optimisation")
55% consumers say food apps charge more than restaurants: LocalCircles
About three out of four users said they face either higher menu prices, high taxes and platform charges, or both
 "55% consumers say food apps charge more than restaurants: LocalCircles")
Indian FMCG set for stronger quarters with 5% volume growth: Report
The report highlighted that, after nearly 18 months of lukewarm performance, FMCG registered a 5.3 per cent growth in the quarter ended October
 "Indian FMCG set for stronger quarters with 5% volume growth: Report")
CCI finds Tata Steel, JSW, SAIL, 25 others guilty of steel price collusion
The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case
 "CCI finds Tata Steel, JSW, SAIL, 25 others guilty of steel price collusion")
Sagarmala Finance expecting at least ₹2K cr equity infusion from govt: MD
Ready to offer maritime debt at 30 bps lower than market rates, says CMD LVS Sudhakar Babu
 "Sagarmala Finance expecting at least ₹2K cr equity infusion from govt: MD")
US move on Venezuela oil lifts Reliance Industries, ONGC prospects
Indian oil companies that have invested in oil exploration projects in Venezuela might also be able to recover stuck dividends, with the US operating Venezuela's oil assets
 "US move on Venezuela oil lifts Reliance Industries, ONGC prospects")
EAM Jaishankar meets IEA chief in Paris, discusses global energy scenario
Jaishankar is on a six-day official visit to France and Luxembourg from January 4 to January 10, aimed at strengthening India's bilateral ties with both countries
 "EAM Jaishankar meets IEA chief in Paris, discusses global energy scenario")