Page 71 - Industry News

The quality of philanthropy is not strained in India, shows study

The line from The Merchant of Venice finds expression in India, where people of moderate means are opening their wallet of generosity

India's core sector eases to 4% in Jan; steel, cement remain bright spots

India's core sector growth eased to 4% in January, with most industries slowing except steel and cement, while analysts say the trends reflect strong construction and infrastructure activity

NTPC flags thermal plant damage from flexible ops for renewable integration

NTPC says flexible and two-shift operations for renewable integration are causing wear and failures in thermal units, prompting the power ministry to review plant stress and grid needs

MNRE begins talks with states on draft floating solar policy, FSPV roadmap

MNRE has initiated discussions with states on the draft floating solar policy and potential assessment, aiming to expand FSPV projects by easing land constraints and creating a clear execution framewo

SC to hear CCI appeal on ₹32.76 lakh interest claim in UII case in March

The Supreme Court has adjourned to March the CCI's appeal against a Delhi HC ruling that quashed its ₹32.76-lakh interest demand in the United India Insurance bid-rigging penalty case

Miltenyi Biotec weighs local CGT manufacturing, eyes export potential

German biotech firm explores hospital-linked cell and gene therapy manufacturing in India while assessing long-term opportunities in regional CGT production, training and exports

Govt disburses ₹28,748 crore under 14 PLI schemes till December 2025

In 2021, the government announced Production-Linked Incentive (PLI) schemes for 14 sectors with an outlay of ₹1.97 trillion

Kiran Mazumdar-Shaw sees AI-biology convergence transforming healthcare

Highlighting the importance of generational learning embedded in DNA, she cited examples such as migratory birds with navigational intelligence

PM Modi meets AI startup CEOs, discusses use of tech in agri, education

PM Modi underscored the need for strong data governance, cautioned against misinformation, and urged the development of solutions tailored to India's needs

NRIs drive boom for residential property management firms amid mkt uptick

Infra push, regulatory ease and rising rental incomes sees spike in asset management inquiries

Is that milk? One in three samples fails quality tests nationwide

As India's dairy production reaches record highs, synthetic milk rackets are compromising the nation's foundational staple

Soufflet Malt to invest $118 mn in new India facility amid high beer demand

Soufflet Malt's push in emerging markets contrasts with restructuring in Europe, where it faces declining beer consumption

FMCG companies likely to see slow but steady growth in 2026: Numerator

Numerator says categories that saw high growth are expected to normalise

Probe agencies can't be high-handed in freezing bank A/Cs: Allahabad HC

Allahabad HC flags procedural lapses in cyber fraud probes, seeks clear rules and 24-hour intimation to customers when banks freeze accounts

CoalMin proposes revised timelines to speed up mine operationalisation

Draft amendments to mining agreements introduce stricter milestone schedules and performance security provisions to fast-track commercial and captive coal mine development

Indian Bank-led consortium looks to offload ₹738 cr bad loans of BLA Power

Lenders launch Swiss challenge auction with a ₹285 crore anchor bid, offering 39% recovery; counter-bids must be fully in cash

Rare earth permanent magnet production to begin by year-end: Minister

Four states identified for mineral processing parks as India prepares to begin rare-earth magnet production; Canada seeks joint ventures across critical minerals value chain

GalaxEye's OptoSAR satellite to use AI for Earth data analysis

It will help the satellite accelerate processing and interpretation of Earth observation data in space, and quickly deliver the data to its customers

Indian pharma may face muted US growth in FY27 on gRevlimid pressure

Ind-Ra says Indian drugmakers will still see 10% revenue growth in FY27 driven by domestic demand and CDMO traction, despite weaker US sales after Revlimid expiry

Over 66% parents, teachers say EdTech AI use amplifies risks: Report

The report found that 35 per cent of EdTech-using children were using GenAI for learning, while 51 per cent of EdTech-using teachers reported using GenAI for teaching and school-related activities