Page 9 - Industry News

Why adding more solar and wind energy doesn't eliminate the need for gas

Grid India recently asked gas-based power stations to prepare for additional generation, anticipating the need for greater grid support during the monsoon season

Govt mandates QR codes for vaccines, antimicrobials and cancer drugs

The code will enable authentication and verification of medicines through software applications across the supply chain

Office space leasing dips 2% across seven major cities in Apr-Jun: Colliers

Leasing of office spaces rose in Bengaluru, Delhi-NCR and Hyderabad, but fell in Mumbai, Pune, Chennai and Kolkata

$24.6 bn clean energy financial flows to developing nations in 2024: UN rpt

International public financial flows for clean energy reached $24.6 billion in 2024, while progress on electricity access and clean cooking remained too slow to meet SDG 7 targets

Indian drugmakers line up for Keytruda biosimilar race as patents near end

Biocon, Zydus, Dr Reddy's are among companies positioning for one of the largest biosimilar launches for cancer treatment

Bharti Airtel added highest value among pvt firms in 5 years: Hurun report

The telecom major added ₹7.64 trn in value over 5 years, while TCS, Infosys and Wipro together lost ₹8.5 trn, according to the Burgundy Private Hurun India 500 report

DoT notifies rules for new authorisation regime aims to ease compliance

DoT notifies a unified telecom authorisation framework, replacing multiple licences and mandating AI-driven fraud prevention measures

Andhra mine promises gold output at scale as private sector enters mining

Located across three villages - Jonnagiri, Erragudi and Pagidirayi - the project, called the Jonnagiri Gold Mine, is India's first commercial-scale private-sector gold mining operation

Mospi proposes framework to assign monetary value to India's coal reserves

The ministry has recommended the OECD methodology for valuing coal reserves, saying it could strengthen natural capital accounting and support evidence-based policymaking

Submit quarterly data on essential medicines: NPPA tells drugmakers

The drug pricing regulator has directed manufacturers to regularly furnish production and sales data for scheduled formulations to strengthen monitoring of essential medicines

Weak rains push India extend emergency rule for Tata's Mundra power plant

India has extended emergency provisions to keep Tata Power's Mundra plant running through September amid fears of weak monsoon rains

India's telecom market may be nearing saturation: What drives growth next?

With tele-density nearing saturation levels, telecom operators may have to rely less on adding users and more on monetising data, broadband and digital services

India's 28 big listed realty firms clock ₹1.95 trn pre-sales in FY26

Godrej Properties, which has a presence across major cities, retained the position of largest listed realty firm in terms of sales bookings in FY26

From royal courts to waiting queues, Mysore silk enjoys a luxury revival

With women lining up before sunrise and saris selling out within hours, scarcity, prestige, and soaring demand are turning the century-old royal weave into India's newest luxury obsession

Scorching heat fans double-digit sales of ACs and fridges in India

Air-conditioner and refrigerator makers reported strong volume and value growth as prolonged heat and delayed monsoon boosted demand despite multiple price hikes

A difficult year: El Niño concerns trigger earnings risk for India Inc

India's southwest monsoon from June 1 to June 23 has been almost 43% below normal, among its worst performances in the last several years

Expiry date display on ecom platforms is under consumer dept rules: Fssai

Food regulator says declarations on e-commerce platforms are governed by Legal Metrology Rules, amid complaints over missing shelf-life details online

Centre auctions 10 critical and strategic mineral blocks in seventh tranche

India auctioned 10 critical mineral blocks in the seventh tranche, expanding domestic supply efforts for rare earths and strategic minerals across new states

AI won't replace companies like Infosys: Chairman Nandan Nilekani

Nandan Nilekani says Infosys' role in the AI era is helping enterprises bridge the gap between AI investments and real business outcomes

CCI clears Honda's proposal to acquire additional 21% stake in Astemo

CCI approves Honda's plan to raise its stake in Astemo to 61%, strengthening control over the auto components maker in a strategic consolidation move