Page 12 - Industry News

IndiGo crisis: Travel operators ramp up capacities for faster refunds

Travel operators ramp up human and tech support to manage soaring refund and rescheduling requests as IndiGo flight cancellations disrupt peak holiday travel

Chhattisgarh becomes first to bring second edition of Jan Vishwas Bill

The Bill introduces administrative penalties for minor violations, enabling quicker resolution of cases, reducing court burden, and ensuring faster relief to citizens

L&T eyes global nuclear supply chain as demand for clean energy rises

The company eyes sharp international growth as nuclear demand accelerates

Jindal Jhajjar Power to raise up to ₹2,100 cr debt to acquire thermal plant

Jindal Jhajjar Power plans to raise up to Rs 2,100 crore via a term loan and NCDs to acquire a 1,320 MW Haryana thermal plant from Apraava Energy at an enterprise value of Rs 4,000 crore

Trai-RBI launch pilot to let users manage legacy promo consents; curb spam

Trai and RBI will begin a pilot with telcos and 11 banks to let select users digitally view, modify or revoke legacy consents for promotional communications via SMS sent from the short code 127000

Scindia, Starlink V-P Dreyer discuss ways to speed up digital inclusion

Starlink executive Lauren Dreyer met Jyotiraditya Scindia after a website glitch briefly displayed India pricing; talks focused on satcom-led last-mile connectivity as Starlink awaits approvals

IndiGo board to hire external specialist to trace root cause of disruption

IndiGo chairman Vikram Singh Mehta dismissed allegations that IndiGo engineered the crisis, tried to influence the government's flight duty time limitation (FDTL) rules

Centre has no list of future project cancellations: Pralhad Joshi

The Centre has not cancelled any renewable energy project awards and has prepared no list for future cancellations, MNRE minister Pralhad Joshi told Parliament in a written reply

AI, LLM training: DPIIT mulls govt-fixed royalty rates for content creators

DPIIT released these guidelines as part of a working paper late Monday night, giving stakeholders 30 days to submit their views

Social media firms urge Karnataka to consult public on misinformation Bill

Social media cos urge Karnataka govt to conduct public consultation before tabling bill on misinformation in assembly

Fertiliser import likely to jump 41% in FY26 on strong monsoon demand: FAI

No supply shortage anywhere, country has adequate stocks, say officials

Electric vehicle sales top 2 million in the first 11 months of 2025

PVs grow 77.5% while 2Ws post 9.85% growth

ICSI flags IndiGo lapses, urges stronger corporate governance norms

Company secretaries' apex body ICSI on Tuesday cited the governance lapses at the country's largest airline IndiGo and called for stronger governance practices to ensure proactive risk identification, timely intervention and transparent communication. The Institute of Company Secretaries of India (ICSI) has more than 78,000 members. In a statement, the institute flagged the "recent governance lapse highlighted by the IndiGo incident". ICSI President Dhananjay Shukla said the IndiGo incident serves as a reminder for corporates and professionals to ensure sound governance frameworks that can create as well as preserve shareholder value along with public trust. It is not often that ICSI publicly mentions governance issues at a company. IndiGo has been facing significant operational disruptions for the last one week, resulting in hundreds of flight cancellations and delays. The situation is stabilising now. Lack of proper planning in implementing the new flight duty norms is one of t

With 2 airlines in command, market concentration in aviation skyrockets

The Herfindahl-Hirschman Index (HHI) in the sector is up by 1800 points in the last decade to record high of 4500 in FY25

Northeast Railway deploys special trains after IndiGo cancellations

The Northeast Frontier Railway (NFR) will be running special trains to clear passenger rush in view of flight disruptions, its chief spokesperson said on Sunday. NFR CPRO Kapinjal Kishore Sharma said extra coaches of various classes have also been attached to different trains. "The NFR has taken these initiatives in view of IndiGo flight cancellations," he said. Two special trains -- one each from Dibrugarh to New Delhi, and Guwahati to Howrah -- would run on Monday, the CPRO said. "Further, 20 coaches will be attached to 18 different trains to help clear the rush of passengers. These trains are running on different sectors," he added. IndiGo, the country's largest airline, has cancelled thousands of flights over the last few days as it grappled with significant operational disruptions mainly due to crew shortage.

Domestic defence production hits ₹1.51 trillion, says Rajnath Singh

Defence Minister Rajnath Singh on Sunday said India is witnessing a paradigm shift in defence manufacturing, from being an import-dependent nation to an emerging producer-exporter. He said the country once lacked a robust system to manufacture arms and equipment domestically, but sustained efforts over the last decade have reversed that situation. "Due to our hard work in the last 10 years, our defence production, which was approximately Rs 46,000 crore in 2014, has now grown to a record Rs 1.51 lakh crore. Our defence exports, which were less than Rs 1,000 crore 10 years ago, have now reached nearly Rs 24,000 crore," Singh said after inaugurating 125 strategically significant infrastructure projects of Border Roads Organisation (BRO) here. Spread across the Union Territories of Ladakh and Jammu and Kashmir, and seven states including Arunachal Pradesh, Sikkim, Himachal Pradesh, Uttarakhand, Rajasthan, West Bengal and Mizoram, these projects -- 28 roads, 93 bridges and four ...

UP's $1 trillion target gathers steam as state revives transformation panel

State government has operationalised the UP State Transformation Commission and tasked it with the job of catalysing growth

Health care sector welcomes Bill that taxes pan masala production

Industry says earmarking funds for public health at par with national security will help channel revenue for public health infra

No new coal power capacity beyond 2035, says power ministry secretary

India this year proposed increasing its coal power capacity by 46% from the current 210 GW while doubling its non-fossil fuel capacity of 500 GW by 2030

India cautions lenders on financing new solar module units amid oversupply

Several Indian companies have expanded solar module capacity over the past three years, targeting exports to the United States