Page 79 - Industry News
French shipping firm CMA CGM mulls operations in India's waterways
India will be in global maritime's "premier league" after Vadhavan Port, says SVP Ludovic Renou
 "French shipping firm CMA CGM mulls operations in India's waterways")
Cabinet greenlights ₹7,280 cr scheme for rare earth magnet manufacturing
The government has cleared a Rs 7,280 crore plan to build India's first integrated rare earth magnet supply chain, aiming for 6,000 tonnes annual capacity to support EVs, clean energy and electronics
 "Cabinet greenlights ₹7,280 cr scheme for rare earth magnet manufacturing")
Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine
Apple has challenged CCI's amended law allowing penalties on global turnover, arguing the rule is arbitrary, disproportionate and contrary to the Excel Crop ruling, and could expose it to $38-bn fine
 "Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine")
Digital Connexion to invest $11 bn by 2030 in AP for AI-native data center
Digital Connexion will invest $11 billion to build a 1 GW AI-native data centre campus in Visakhapatnam, complementing Google's $15 billion plan for India's largest AI data hub
 "Digital Connexion to invest $11 bn by 2030 in AP for AI-native data center")
States can draft labour code rules at their pace if aligned with new laws
Reportedly, the centre is in works to come up with the rules under the new codes by the first week of December, following which there will be a 45 day window for stakeholder consultations
 "States can draft labour code rules at their pace if aligned with new laws")
India's advertising industry may see marginal, digital-led growth in 2026
Muted 2025 trends, an RMG ban and slow traditional media growth point to low single-digit expansion in 2026, with digital advertising expected to remain the strongest and most resilient growth driver
 "India's advertising industry may see marginal, digital-led growth in 2026")
US, West Asia LPG routes show wide cost differences for India: Crisil
The recent US-India LPG import pact marks a major shift in supplier diversification, reducing dependence on West Asian cargoes, though freight-linked cost sensitivities may affect OMC economics
 "US, West Asia LPG routes show wide cost differences for India: Crisil")
Coal Ministry auctions three coal blocks in 13th commercial round
The Coal Ministry has auctioned three fully explored blocks with 3.3 billion tonnes of reserves and 49 mt annual capacity, attracting Rs 7,350 crore investment and boosting commercial mining momentum
 "Coal Ministry auctions three coal blocks in 13th commercial round")
Nasscom Foundation, IBM to upskill 87K marginalised youth in digital tech
Beyond self-paced learning, it includes mentorship and guided experiences to build technical proficiency and professional confidence
 "Nasscom Foundation, IBM to upskill 87K marginalised youth in digital tech")
Mall operators expected to clock revenue growth of 12-14% in FY26: Report
Crisil expects mall operators to post strong revenue growth in FY26, driven by new mall additions, robust occupancy, reduced GST rates and improved consumption trends
 "Mall operators expected to clock revenue growth of 12-14% in FY26: Report")
Net office absorption in 6 major cities to hit record high in FY26: Report
GCCs, flexible office space operators and BFSI sector pushing vacancy rates to multi-year lows, says Icra
 "Net office absorption in 6 major cities to hit record high in FY26: Report")
Tejas should use filters on equipment to resolve interference issue: Airtel
Bharti Airtel urges Tejas Networks to add filters on BSNL 4G equipment to prevent signal interference affecting Airtel's network in Rajasthan, citing spectrum compliance issues
 "Tejas should use filters on equipment to resolve interference issue: Airtel")
18 nations and rising: India builds global support for its Pharmacopoeia
Industry representatives argue that global acceptance of Indian Pharmacopoeia could significantly reduce export costs and make Indian drugs more affordable to developing nations
 "18 nations and rising: India builds global support for its Pharmacopoeia")
Competition bites into QSR growth as weak demand shadows expansion
SR companies continued to focus on value offerings
 "Competition bites into QSR growth as weak demand shadows expansion")
Incentivise buyers to purchase India-made chips, says industry body
India has ten semiconductor projects in the works, spanning fabs, outsourced semiconductor assembly and test (OSAT) units and assembly, testing, marking and packaging (ATMP) facilities
 "Incentivise buyers to purchase India-made chips, says industry body")
New labour codes to increase formalisation 15%, says SBI report
SBI expects India's four new labour codes to boost formalisation 15%, extend social security to 85%, and create 7.7M jobs, though costs and state rules may affect results
 "New labour codes to increase formalisation 15%, says SBI report")
Chhattisgarh gets ₹6,826 cr investment proposals in industry, tourism
CM Vishnu Deo Sai meets investors, exchanges Letter of Intent
 "Chhattisgarh gets ₹6,826 cr investment proposals in industry, tourism")
Apparel retailers set sights on double-digit growth as harsh winters set in
Value retailers, too, are hopeful of a strong winter season
 "Apparel retailers set sights on double-digit growth as harsh winters set in")
Minecraft 2.0: AI-driven exploration reshaping India's hunt for rare earths
India is transforming how its hunts for copper, lithium, rare earths and more, using AI to shave years off exploration timelines and reshaping the push for critical mineral security
 "Minecraft 2.0: AI-driven exploration reshaping India's hunt for rare earths")
First-time, women fund managers outperform in FFS scheme: SIDBI CMD
First-time and women-led fund managers outperformed in SIDBI's Fund of Funds for Startups scheme, delivering strong returns and supporting 1,300 startups, says SIDBI CMD Manoj Mittal
 "First-time, women fund managers outperform in FFS scheme: SIDBI CMD")