Page 7 - Industry News

Reckitt reports double-digit growth in India biz for Q1 on strong growth

In India, two of Reckitt's brands, Dettol in the Germ Protection segment and Durex in Intimate Wellness, reported double-digit growth in the quarter

Champagne decants into India's smaller cities, widening its market base

After a metro-heavy start, demand settles and spreads into new markets like Guwahati, Lucknow

Indian cotton yarn makers gain as demand surges amid Iran war disruptions

As the war in West Asia disrupted trade routes, cotton supplies to China from other countries declined, making India a preferred and nearby sourcing point

Medical device makers push 'fair pricing' model amid MRP concerns

Medical device makers have urged a shift to a fair pricing model amid concerns over inflated MRPs, even as stakeholders remain divided on pricing practices in healthcare

Odisha clears ₹124 crore spinning unit in Balangir to boost textiles

Cabinet approves yarn manufacturing unit by Shree Ambica Cotspin to strengthen cotton value chain, create jobs and spur industrial growth in the KBK region

India coal output declines in FY26; March sees first drop in over a decade

India's coal output growth turned negative for the first time since Covid, with March production contracting amid supply shortfalls, inventory drawdowns and weaker pricing

Govt notifies online gaming rules, to set up governing authority

The government has notified online gaming rules mandating user safety features and grievance redressal, with new norms set to come into effect from May 1

Govt working on flex-fuel vehicle policy amid push for alternate fuels

Policy discussions on flex-fuel vehicles gather pace as supply disruptions from West Asia underscore the need to expand ethanol blending and reduce fuel import dependence

ASK-Hurun India Successors 50 list: Next-gen leaders drive 6.7x mcap jump

Vikash Lohia of Jupiter Wagons tops the 2026 Hurun Successors 50 list, as successor-led firms add Rs 26.3 trillion in value and outpace broader market indices

India Inc's brush with POSH: A telling story of gaps in enforcement

Business Standard analyses data to show how businesses have fallen short in enforcing the legal guidelines effectively over the years

Odisha shifts tourism pitch with new 'Think India, Think Odisha' tagline

State replaces 'India's Best Kept Secret' tagline with a global-facing identity, aiming to position Odisha as a high-value, experience-driven tourism destination

FDI firms' net sales growth slows to 8.7% in FY25 from 9.4%: RBI data

With moderate growth in sales and rising expenses, operating profit growth slowed to 10.7 per cent in 2024-25 from 22.1 per cent in the previous year

Cement firms may see up to 19% profit hit under carbon scheme: ICRA

ICRA said India's carbon trading scheme may raise costs over time, with cement firms facing up to 19 per cent profit hit as emission targets tighten

RBI proposes measures to strengthen Prepaid Payment Instruments framework

Accordingly, a draft Master Direction on Prepaid Payment Instruments was issued, and comments were invited by May 22, 2026

360 ONE Asset acquires 13% stake in Bengaluru office asset for ₹1,125 cr

360 ONE Asset has acquired a 13 per cent stake in Brookfield's Ecoworld office campus in Bengaluru for Rs 1,125 crore, marking a private entry into a yield-generating asset

MNRE plans wind power push in border areas, industry raises concerns

MNRE is working to enable wind projects in border areas, even as industry raises concerns over penalties, curtailment, and transmission delays affecting project viability

Andhra CM to lay foundation for ReNew's Rs 5,400 crore solar unit

Andhra Pradesh CM will lay the foundation for ReNew's Rs 5,400 crore solar manufacturing facility, aimed at strengthening domestic supply chains and clean energy capacity

Women underrepresented in India's deeptech sector, says Indeed report

Women remain underrepresented in India's deeptech sector, with limited entry-level hiring and slower career progression despite steady job-seeking activity, an Indeed report shows

Centre revises DCGI recruitment rules, raises age limit to widen pool

The Centre has raised the age limit and broadened eligibility norms for appointing the Drug Controller General of India to address a shortage of qualified candidates

NCLAT reserves verdict on Vedanta challenge to Adani JAL resolution plan

NCLAT has reserved judgment on Vedanta's appeals challenging Adani Enterprises' resolution plan for JAL, after hearing arguments from lenders and other stakeholders