Page 9 - Industry News

Siam withdraws letter flagging concern over contamination of E20 fuel

Siam has withdrawn its letter raising concerns over E20 fuel quality, saying the findings require further authentication and broader consultation with member automakers

Realty firms welcome repo rate pause, see support for housing demand

Developers said stable borrowing costs would support buyer confidence and project execution, though Anarock cautioned that the pause may not revive mass-market housing

SC allows OMCs to procure additional 1.49 billion litres of ethanol

Suppliers without long-term offtake agreements will be treated on a par with other bidders under the interim arrangement accepted by the Supreme Court

Explained: Is the Insolvency and Bankruptcy Code losing its relevance?

Realisations through the IBC declined from around 190 per cent of liquidation value in the early years to 167 per cent in FY26

Gwalior Telecom Manufacturing Zone secures ₹5,500 cr investment commitments

Investor meetings in Delhi and Mumbai attract Rs 5,500 crore in commitments for India's first Telecom Manufacturing Zone, with the project expected to generate 18,000 jobs

India to remain among fastest-growing steel markets in FY27: Ind-Ra

Ind-Ra expects India's steel demand to grow at a high-single-digit percentage year-on-year in FY27 (from 7.4 per cent in FY26), driven by the government's continued infrastructure spending

MP receives ₹1,550 crore investment proposals for Gwalior telecom zone

Companies express interest in investing in the country's first dedicated Telecom Manufacturing Zone in Gwalior, with proposed projects expected to generate around 3,600 direct jobs

India's transmission grid beat back summer surge, but capacity risks remain

Investments in transmission capacity, digital systems, grid-stability technology helped India manage record summer demand, though experts warn that generation reserves, distribution remain weak links

Companies invest ₹26,320 crore under specialty steel PLI scheme

Specialty steel PLI scheme attracts ₹26,320 crore investment as the government pushes domestic manufacturing, higher production and import substitution

IIT Madras-backed AI4Bharat, Josh Talks AI launch Voice of India platform

The multimodal AI evaluation platform will assess AI systems across Indian languages, accents, dialects and real-world deployment environments.

DLF confident of meeting FY27 pre-sales target of ₹20k cr despite weak Q1

At a webcast with a capital market analyst, DLF MD Ashok Kumar Tyagi pointed out that the June quarter was weak in terms of pre-sales as the company did not launch any housing project

NDDB plans to launch handloom, handicrafts brand this year, says MD

NDDB plans to launch a women farmer-owned handicrafts and handloom brand this year while expanding its FPO network to boost rural incomes

Only 105 of 720 mineral blocks auctioned since 2015 operationalised

Only 105 of 720 auctioned mineral blocks have become operational since 2015, as the government tightens rules to accelerate mine development

Govt to question Meta on CSAM, WhatsApp username issue, account takedowns

Senior executives are likely to be questioned on child sexual abuse material, synthetic content, impersonation risks and safeguards for prominent and verified accounts

100,000 daily instant househelp orders: How much are workers earning?

The instant househelp sector is growing at breakneck speed. Here's a closer look at worker payouts and monthly incomes

Top housing markets see capital values and rental yields rise since 2019

Noida and Gurugram led capital appreciation, while Bengaluru, Hyderabad and Delhi posted the strongest gains in rental yields, according to ANAROCK's study of 11 cities

Samsung to offer festive discounts despite rising material costs: CEO

Samsung Southwest Asia CEO JB Park said the firm will absorb rising material costs as much as possible and offer interest-free EMIs and festive discounts to keep smartphones affordable in India

Hospitality sector revenue to grow 7-9% on domestic travel demand: Icra

The rating agency expects hotel occupancy to remain at 72-74 per cent and premium room rates to rise, although geopolitical and inflationary risks could weigh on margins

Sugar price surge may hit ethanol output as mills eye better returns

Sugar prices have been rising in India because of lower production, deficient rainfall in some regions and festival-season demand

Colonial-era banking evidence law to go: What the new Bill changes

The Bankers' Books Evidence Bill, 2026 replaces the 1891 law by recognising digital bank records, setting new rules for electronic evidence and limiting when courts can summon bank officials