Page 9 - Industry News

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

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

OncoStem eyes wider access to breast cancer risk test with hospital-use kit

Bengaluru company expects annual volumes to double as decentralised test lowers logistical barriers to personalised treatment

India leads in unpaid work; 24% spend 16+ hours per week working for free

One in four Indian workers spends 16 or more hours a week on unpaid work, the highest share among the markets covered in ADP's People at Work 2026 report

YouTube & Balaji Telefilms partner for launch of shows; span 200 episodes

Ekta Kapoor will lead the creative vision and own the intellectual property, while YouTube will provide global distribution and monetisation through ads and brand deals

Dadachanji Group launches Kaisha Pharma with 45-mn euros initial investment

Kaisha Pharma will manufacture ampoules, vials, prefilled syringes and cartridges, while targeting Indian and global pharmaceutical and biotechnology companies

4G phones are back in India as memory costs make 5G more expensive

As memory prices nearly quadruple, India's budget smartphone market is shrinking and 4G phones are gaining ground as a cheaper option. Is this the start of a new trend?

Centre plans overhaul of company filings under Companies Act: 5 key changes

The Centre is consulting stakeholders on a revamp of the filing architecture under the Companies Act, 2013. Here are five changes being considered and what they could mean for companies

Centre allows ecommerce firms to hold inventory for exports under FDI rules

The finance ministry has amended FDI rules to allow e-commerce entities to hold inventory exclusively for exporting goods manufactured or produced in India

India's data centre boom may add just 0.13% to GDP by 2030: Moody's

Despite billions of dollars in announced data centre investments, India's GDP gains may remain limited by 2030 as high import dependence curbs domestic value addition and job creation

FSSAI crackdown spooks food businesses, compliance queries up 40%

Consultants report a 40 per cent increase in compliance-related queries since July

Credit card industry sees cyclical shifts: Axis Bank's credit card head

Axis Bank says greater repayment awareness and digital reminders are reducing revolving balances, while card spending and EMI conversions continue to support growth

Spot power price rises 22% to ₹4.88 per unit in August, says IEX

IEX recorded its highest-ever monthly electricity traded volume at 13,938 MU in August, up 20.2 per cent year-on-year, as India's energy consumption increased

Sugar price spike reflects widening food-fuel demand gap: ICRIER paper

ICRIER paper calls for a flexible E20 ethanol strategy as rapid growth in fuel demand outpaces feedstock availability, increasing pressure on food and feed markets

Sonowal reviews green shipping corridors, alternative fuel readiness

Major ports outlined progress on green fuel bunkering hubs and shore power facilities as the government seeks to accelerate decarbonisation of India's maritime sector

Ceigall India secures ₹5,300 cr order for transmission project in Gujarat

The project includes a 765/400 kV air-insulated substation and around 300 km of transmission lines, with execution expected to be completed within 36 months

CCI asks three debenture trustees and association not to cartelise

CCI has ordered the Trustees' Association of India and three debenture trustees to cease alleged cartelisation and fee fixing for trusteeship services

Advertising will unlock new wave of profit for micro-dramas: Report

Redseer expects ad revenue to cross Rs 5K cr by FY32 from an estimated Rs 210 crore in FY27

Mumbai redevelopment share in housing sales rises to 15%: JLL-Naredco

More than 1,000 redevelopment projects have been launched in Mumbai since 2020, accounting for 13 per cent of the city's overall residential supply, the report says

Can brand SRK help revive brand Vi? What his endorsement history shows

Vodafone Idea has brought in Shah Rukh Khan for its brand makeover, but experts say star power must be backed by network and business improvement