Page 5 - Industry News

AI, uncertain macros, volatile geopolitics may cloud IT earnings

Analysts expect another subdued quarter for IT services companies as macroeconomic uncertainty, delayed deal conversions and AI-led pricing pressures weigh on growth and margins

European heat wave fails to deter Indian travellers' summer holiday plans

Travel companies say demand for Europe remains resilient despite record temperatures, with many Indian tourists opting for cooler destinations within the continent rather than cancelling trips

June revival helps corporate bond issuances hit third-highest Q1 since FY20

Corporate bond fundraising rebounded in June, helping India Inc raise ₹2.37 trillion in Q1FY27, the third-highest April-June total since FY20 despite a 34% YoY decline

MEIL, Analog join hands to deploy physical intelligence in India

JV to help cities and industries sense, predict, and act in real time

New coal exchange rules set to regulate trading, formalise market structure

The Coal Exchange Rules establish a framework for electronic coal trading, transparent price discovery and stronger governance, marking a major shift in India's coal market

Indian Railways freight loading rises 4% in June, 1.5% in Q1 FY27

Freight loading reached 142 million tonnes in June, led by coal and fertiliser, while passenger traffic also recorded steady growth during the month

BPCL signs pact to acquire full control of Brazilian upstream oil venture

The state-run oil marketer will acquire Videocon Energy Brazil's stake in IBV Brazil Petroleo, making the upstream company a wholly owned subsidiary of its overseas arm

India's first integrated bio-ethanol refinery to open in Odisha on July 4

BPCL's Rs 1,775 crore integrated 1G-2G bio-ethanol refinery in Bargarh will convert paddy straw into fuel, support farmers and strengthen India's clean energy transition

EPACK Durable secures Andhra Pradesh nod for ₹1,084 crore investment plan

The incentive package under Andhra Pradesh's Electronics Manufacturing Policy 4.0 covers proposed investments by EPACK Durable and its subsidiary to expand consumer durables manufacturing

Skoda Auto India sales rise 7.5% in H1 2026 to record 38,894 units

With the H1 2026 performance, the Skoda brand has bettered the record set in the first half of 2025, Skoda Auto India said in a statement

Indian Reits Association appoints KRT CEO Shirish Godbole as chairperson

Knowledge Realty Trust CEO succeeds Brookfield India REIT's Alok Aggarwal, who stepped down following his retirement

Adani Green becomes first Indian firm to hit 20 GW renewable capacity

The company generates over 52 billion units of clean electricity annually

India's Q2 2026 retail leasing grows 17.6% YoY amid sustained demand: Rpt

Gross leasing touches 2.4 million sq ft as sustained occupier demand, low vacancies and limited Grade A mall supply support rental growth

Why Indian manufacturers fear Europe's tighter rules on metal scrap exports

The EU's new waste shipment rules could make imported metal scrap harder to access. Here's why Indian manufacturers are worried and what it means for steel and aluminium

Ola Electric doubles QoQ growth in Q1 FY26; June registrations at 16,144

The company registered 43,719 vehicles in the first quarter of FY2026, up from 22,252 units in the January-March quarter

New funding models look to brighten the silver screen as HNI money rolls in

Specialised investment funds are bringing institutional capital into Indian cinema, treating film IP and movie portfolios as a new alternative asset class

India extends lead over China in US FDA drug master filing in Q1FY26

Indian companies filed 184 Type II DMFs with the US FDA in Q1 2026 against China's 149, reinforcing the country's leadership in API manufacturing and future generic drug development

Esma recognises Clearing Corp of India, ending 3-yr regulatory standoff

European regulator restores CCIL's access to EU market participants after RBI and ESMA signed a supervisory cooperation agreement earlier this year

Govt eyes export finance mechanism for MSMEs to bridge working capital gap

The proposed mechanism, to be explored with the Department of Financial Services and industry, aims to ease working capital pressures arising from long export payment cycles

IBBI proposes wide-ranging realty reforms with a focus on homebuyers

IBBI has proposed project-wise real estate insolvency reforms to prioritise housing completion, protect homebuyers and reduce liquidations under the IBC