Page 97 - Industry News

Hungry for power: Rise of data centres fuels concerns over energy infra

India's fast-growing data centre sector is emerging as a major new driver of power demand, prompting questions over grid capacity, energy sourcing and long-term infrastructure readiness

CCI clears ChrysCapital's proposal to acquire stake in Nash Industries

Mumbai-based ChrysCapital is acquiring stakes through its three affiliates, ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Ltd. These entities invest in different sectors

Indian job market gains pace as hiring rises 15% in December: Report

This momentum is set to accelerate further, with AI hiring projected to grow 32 per cent year-on-year in 2026 to nearly 3.8 lakh roles, the report added

M3M to invest ₹3,500 crore in 'ELIE SAAB' branded luxury homes in NCR

M3M India will build 300 apartments in Gurugram, while its group firm Smartworld Developers will construct about 650 flats in Noida

IPA members commit $50 million to set up pharma skilling academy PAGE

IPA member firms have committed $50 million to launch PAGE, an industry-led academy to boost pharmaceutical manufacturing skills, quality systems and regulatory compliance in India

India's urban housing market faces structural affordability crisis in 2025

In Bengaluru, 20 per cent of buyers are now priced out of sub-Rs 1 crore homes, compared to 14 per cent in 2024, despite 13 per cent year-on-year demand growth

Ducati India plans 10 new model launches in 2026, price reveal soon

Of the 10 new models, one motorcycle model, Panigale V4R, has already hit the market on January 2, Ducati said

Govt urges qcom firms to drop '10-minute delivery' branding: Reports

Union Labour Minister Mansukh Mandaviya reportedly held a series of meetings with quick-commerce companies and urged them to discontinue the branding associated with ultra-fast deliveries

Indofast Energy to install 23 battery swapping stations on Mumbai Metro 3

Currently, Indofast Energy has 19 swap stations in Mumbai, including the company's 1,000th station at Lokmanya Tilak Terminus

zingbus bets on demand-led expansion to hit ₹350 crore revenue in FY26

This growth is supported by extensive intercity route expansion across north and south India, launching 28 new routes for zingbus Maxx and zingbus Plus, the company said

Kolkata electric 2W users honk most, Bengaluru panic-brakes often: Report

The data showed honking patterns varied sharply across cities. Kolkata recorded the highest honking levels in the country, averaging 131 honks per hour, reflecting dense traffic and aggressive auditor

Strengthening critical mineral supply chains vital for India: Vaishnaw

Ashwini Vaishnaw participated in the Finance Ministerial on Securing Critical Minerals Supply Chains convened by Bessent on Monday

Delhi govt raises sacramental wine quota, excise limits on denatured spirit

The annual authorised possession limit for permit holders has also been increased from 64,000 kilolitres to 120,000 kilolitres

Puch AI founder meets Yogi Adityanath, praises UP's future-tech push

Bhatia said the use of AI in India has grown significantly in recent years, but stressed the importance of ensuring that the country's data remains within India

AI, rising costs, climate change among key youth concerns: WEF report

The WEF's survey of nearly 4,600 young people from 489 locations worldwide found that half viewed inflation and economic instability as the greatest threats to their lives

ADIF writes to CCI for interim relief to Indian startups in Apple case

Alleges company is using dilatory and delaying tactics in regulator's investigation

Delhi govt to upgrade ITIs with industry partners under PM-SETU scheme

Under the scheme, the SPV will be an industry-led, not-for-profit entity to jointly invest, manage and govern the development and operation of the ITI clusters

India partners Germany to develop green hydrogen infrastructure

The partnership focuses on deepening bilateral engagement while accelerating the adoption of renewable energy in India

Nvidia to invest $1 billion with Eli Lilly to build AI-driven drug lab

The hope is to supercharge a time-consuming process that currently relies heavily on human researchers conducting physical experiments

Educational institutions' income to rise 11-13% in FY26, FY27: Crisil

The report added that operating margins are expected to remain steady at 27 to 28 per cent as these institutions will incur higher staff salaries and other related costs