Page 8 - Industry News

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

CMA CGM reflags fifth vessel in India as shipping expansion gathers pace

CMA CGM has reflagged its fifth vessel under the Indian flag, aligning with India's push to expand its shipping fleet and strengthen its role in global maritime trade

Bombay HC grants RoDTEP relief to sugar firms, flags litigation chaos

The Bombay High Court allowed RoDTEP benefits to sugar exporters and flagged inconsistent litigation by the Centre, calling for a National Litigation Policy to ensure uniformity

Indian ports turning into logistics and industrial hubs: Shipping secy

Shipping Secy Vijay Kumar was addressing around 200 investors and industry stakeholders during a round-table held at the Singapore Maritime Week 2026

Packaging costs to dent alcobev margins by up to 200 bps, says Crisil

Alcobev firms may see margins shrink 150-200 bps and growth slow as glass bottle shortages and rising packaging costs, driven by LNG disruptions, weigh on operations

Inflows into Indian realty jump 72% to $5.1 billion in Q1 2026: CBRE

The investment momentum was mainly led by substantial inflows into built-up office assets and continued activity in land/development site acquisitions

Developers acquired 3,093 acres land worth Rs 54,818 crore in 2025: JLL

Developing these newly acquired land parcels is estimated to require over Rs 92,000 crore in total construction capital

Capital inflows in real estate rise 72% to record $5.1 bn in Jan-Mar: CBRE

Capital inflows in the real estate sector stood at $2.9 billion in the year-ago period

India, China place strategic bets on clean energy out of favour in West

The massive bets by the world's two most populous nations come at the same time that the West has quietly backed away from its ambitious green hydrogen goals from the start of this decade

Hilton, Olive sign India's first 10 Spark hotels; two to open this year

Partnership targets India's growing mid-market hospitality segment, with plans to open two Spark by Hilton hotels this year across key business and leisure hubs

PNG push gains pace: 500,000 new connections amid LPG supply concerns

Till April 19, about 39,400 PNG consumers have surrendered their LPG connections

Results preview: Pharma growth steady in Q4, but US drag weighs on margins

India's pharma and healthcare firms may post steady Q4 revenue growth, but weak US generics and rising costs are likely to keep margins under pressure

Telecom service providers require tariff hikes to stem Arpu decline

The impact on Vodafone Idea (Vi) could be harsher with a 15 per cent hit on Ebitda, and a delay in tariff could also push the next round to further than July 2029

AI-generated content: Meity proposes continuous labelling mechanism

Draft amendment to IT Rules mandates continuous, clearly visible labels for AI-generated content across formats, as govt extends consultation deadline to May 7

From sour start to sweet spot: How Tim Cook changed India playbook

Apple Inc exceeded the government's cumulative PLI production target of ₹3.35 trillion in FY21-FY26, achieving ₹6.02 trillion

Odisha govt clears 18 new industrial projects worth over ₹3,877 crore

Approvals across 11 districts expected to generate over 7,500 jobs, spanning metals, pharma, logistics and tourism as Odisha pushes industrial diversification

India leads global shift to AI-led healthcare adoption, says BCG study

The report also points to a shift towards hybrid healthcare models, where patients prefer AI-assisted human care rather than relying solely on doctors or machines

Odisha unveils India's first platinum group metals extraction plant

Pilot facility aims to build domestic capability in platinum group metals extraction, reducing import dependence amid rising global focus on critical minerals

LPG reliance highlights gaps in India's piped gas expansion drive

India's dependence on LPG imports and slow expansion of piped gas networks highlight policy gaps, affordability challenges, and consumer behaviour issues hindering a transition to cleaner cooking fuel