Page 8 - Industry News
Indian health activists lodge concerns about food warning proposal in court
Proposal to implement red warning labels has jolted $100 bn packaged food industry that long opposed such measures, but is also angering activists who have publicly criticised the plan as too lenient
 "Indian health activists lodge concerns about food warning proposal in court")
Indian CCTV makers move in as Chinese companies face rule hurdle
Chinese companies accounted for a dominant one-third of the total market before April, while Indian firms have received certification for 196 network camera models
 "Indian CCTV makers move in as Chinese companies face rule hurdle")
How Posco's Odisha steel project, India's biggest FDI deal, fell through
Learning from the setback, the South Korean steel major has returned to the state, but this time in a JV with JSW
 "How Posco's Odisha steel project, India's biggest FDI deal, fell through")
Power plants with critical coal levels rise to 58; experts say no crisis
Coal stocks at thermal power plants fall as critical-stock plants rise, even as Coal India holds record-high pithead inventories
 "Power plants with critical coal levels rise to 58; experts say no crisis")
Food business crackdown sets off alarm bells, but is it start of a new era?
FSSAI's sweeping crackdown on food companies signals a tougher regulatory era, putting safety, labelling and advertising practices under sharper scrutiny
 "Food business crackdown sets off alarm bells, but is it start of a new era?")
Paint manufacturers expect healthy FY27 demand despite price increase
Asian Paints Managing Director and CEO Amit Syngle said demand conditions remained "decent" through the quarter and the company continues to expect volume growth of 8-10 per cent for FY27
 "Paint manufacturers expect healthy FY27 demand despite price increase")
Not just in legislature, rare to see women in corner offices of PSUs too
The women's representation at the supervisory level has fallen to 9 per cent in 2023-24 from 10.08 per cent in 2022-23
 "Not just in legislature, rare to see women in corner offices of PSUs too")
Premium demand, bargain hunting set to drive festive online shopping
A key growth engine in e-tailing, quick commerce's widening appeal beyond everyday groceries into fashion, electronics, and beauty is likely to gather further pace this festive season
 "Premium demand, bargain hunting set to drive festive online shopping")
Centre rebuts 'no takers' reports on Rs 37,500 cr coal gasification scheme
The coal ministry said Talcher Fertilisers and NTPC have already submitted applications, while the first application window remains open until September 7
 "Centre rebuts 'no takers' reports on Rs 37,500 cr coal gasification scheme")
IIL says NSQ Abhayrab vials were not manufactured by its division
Indian Immunologicals said Abhayrab anti-rabies vaccine vials declared NSQ and misbranded by a government laboratory were not manufactured by its human health division
 "IIL says NSQ Abhayrab vials were not manufactured by its division")
India may overtake US in metro rail network length within two years: Govt
Speaking after inaugurating the extended Indore metro rail service, built at a cost of ₹2,850 crore, he said China currently has around 8,000 km of metro rail lines
 "India may overtake US in metro rail network length within two years: Govt")
Keralam seeks exclusion of homes, farms, plantations from proposed ESA
Joseph said the extent of ESA proposed for Keralam had been reduced over the years following studies conducted by the state
 "Keralam seeks exclusion of homes, farms, plantations from proposed ESA")
Over 500 investors with $1 trn wealth to attend iBrics Summit on Sep 12-13
The two-day iBrics Summit will seek to connect sovereign capital with infrastructure, energy and digital projects across Brics member states and partner nations
 "Over 500 investors with $1 trn wealth to attend iBrics Summit on Sep 12-13")
Govt flags Abhayrab rabies vaccine batch as substandard after potency test
Drug regulator flags a batch of widely used Abhayrab rabies vaccine as substandard and potentially spurious after it failed a potency test, a government document shows
 "Govt flags Abhayrab rabies vaccine batch as substandard after potency test")
JSW MG Motor tops Fada mass market dealer study third year in a row
Toyota Kirloskar Motor and Kia recorded the strongest year-on-year gains in satisfaction scores among ranked OEMs
 "JSW MG Motor tops Fada mass market dealer study third year in a row")
PowerMin body for 10% energy storage for RE projects after July 2027
Draft regulations propose at least two hours of storage for projects commissioned after July 2027, rising to a minimum of four hours for projects after July 2029
 "PowerMin body for 10% energy storage for RE projects after July 2027")
Indian miners building critical mineral assets in resource-rich Africa
Das said India's graphite demand is expected to rise sharply as battery manufacturing gathers pace, but China continues to dominate the global supply chain
 "Indian miners building critical mineral assets in resource-rich Africa")
RenewBuy-InsuranceDekho merged entity plans to deepen presence across India
Combined entity plans to expand its agency network and distribute insurance, mutual funds and loans, while targeting deeper penetration across India's villages
 "RenewBuy-InsuranceDekho merged entity plans to deepen presence across India")
Roche gets Phase 3 trial waiver for higher dose of multiple sclerosis drug
CDSCO expert panel grants waiver for 920 mg Ocrelizumab, subject to Roche conducting a Phase 4 clinical trial in the Indian population for proposed indications
 "Roche gets Phase 3 trial waiver for higher dose of multiple sclerosis drug")
Blinkit, Instamart raise dark-store capex as qcom shifts to larger hubs
Capex guidance per dark store has risen to around ₹2.5 crore from ₹1 crore as newer facilities exceed 5,000 sq ft and carry wider product assortments
 "Blinkit, Instamart raise dark-store capex as qcom shifts to larger hubs")