Page 78 - Industry News

Telecom firms can't use IBC moratorium to defer spectrum dues, says SC

The Supreme Court ruled that telecom companies cannot use insolvency law to delay or restructure licence and spectrum dues, saying spectrum is a public resource, not a company asset

New labour codes unlikely to hit salary hikes; IT may see softer gains

Companies are expected to continue salary hikes despite higher costs from new labour codes, but sectors like IT may see slightly lower increments due to margin pressure

NITI Aayog calls for AI-led overhaul of India's tech services industry

NITI Aayog says India's tech sector must shift to AI-driven, IP-led and outcome-based models, warning that the traditional labour-heavy IT services approach will not sustain future growth

IBM to triple entry-level hiring in US in 2026 with roles recast for AI era

While the company declined to disclose specific hiring figures, it said the expansion will be 'across the board', affecting a wide range of departments

Flight fares rise 50% as fans head to Colombo for India-Pakistan match

Airfares to Colombo surge up to 50 per cent ahead of India-Pakistan clash on February 15, with hotel tariffs also moving up amid strong cricket-driven travel demand

Indian Hotels may raise 2030 targets amid strong quarterly revenue growth

Ginger brand set to contribute 10% of consolidated revenue with 250 hotels by FY27, becoming IHCL's third-largest brand by revenue share

Trade unions' strike against the labour Codes gets mixed response

Ten central trade unions organise nationwide protest against Labour Codes, reporting disruptions in coal, banking, transport and agriculture sectors

HC upholds GST order despite missing document number on physical copy

Court rules GST order issued through portal with system-generated reference number remains valid even if physical copy does not carry Document Identification Number

India to receive same garment duty benefits as B'desh in US deal: Goyal

Commerce minister says India will secure concessional-duty access for garments made from US yarn and cotton, similar to benefits obtained by Bangladesh

India second-largest active installed base of smartphones globally

Longer retention cycles build an installed base that places it just behind China

Centre unveils second tranche of critical mineral EL block auctions

Government offers 11 blocks of critical and deep-seated minerals across eight states under Exploration Licence regime to boost domestic mineral exploration

Power sector reforms central to tackling India's climate finance problem

According to the NITI AAYOG study, the first step towards climate financing is strengthening power discoms'finances and reducing the risk of default

Rera just helping builders in default; better to abolish it: Supreme Court

All states should think of the people for whom the institution was created: Court

CBIC to roll out Eligible Manufacturer-Importer Scheme by March 1: Chairman

The government is currently working on finalising the eligibility criteria through an internal committee, and detailed contours of the scheme will be shared soon for public feedback

Comply with quality norms to gain global edge, Paswan tells dairy industry

The minister said while the government formulates policies, it is the industry's responsibility to implement them and ensure quality products reach both domestic and international consumers

Food regulators warn Jaipur McDonald's over reused oil, rotten tomatoes

Food adulteration is often reported across India, but safety lapses at ‌high-profile ​brands like McDonald's ​are rare

Germany's EW Group plans to invest ₹200 crore in India's poultry push

The company competes with major Indian players including Venky's, Skylark and Hyline in the day-old chick market

Shorter six-month DR-TB treatment cheaper, more effective: ICMR study

The economic evaluation conducted by ICMR's National Institute for Research in Tuberculosis (NIRT) was published in the Indian Journal of Medical Research (IJMR)

No mishap at Kudankulam, safety central to nuclear policy: Jitendra Singh

The minister also said that many apprehensions regarding the safety are because of "extraneous" and "political" reasons

'Better to abolish Rera': Supreme Court questions real estate body's role

The Supreme Court orally criticised the functioning of the real estate regulator Rera, saying it appears to only benefit defaulting builders