Page 18 - Industry News

Embraer sees E175 assembly in India in 2028 if it secures 200 orders

Earlier this ​year, Embraer and India's Adani Group had announced a memorandum of understanding to establish a final assembly ‌line for the Brazilian firm's first-generation jetliners in India

AAP MP Raghav Chadha urgers govt to open Udan Yatri Cafes at more airports

The Aam Aadmi Party MP Raghav Chadha on Monday urged the government to ensure that more Udan Yatri Cafes are opened at airports across the country to provide affordable eating options to passengers. Raising the issue in the special mentions in Rajya Sabha, he lauded the Udan Yatri Cafes, a government-backed initiative providing affordable, high-quality snacks and beverages at major Indian airports. Chadha, however, said that the "ground reality" is that these cafes are only there at a few airports. "Usually, passengers eat in the waiting area before boarding, but the Udan Yatri cafes are before check-in and security, so passengers are not able to use them," he said. "Due to limited counters, there are long queues, especially during peak traffic hours. Further, the limited menu options and capacity constraints restrict accessibility," he added. Chadha urged the government to ensure these affordable cafes are opened at all airports and are made more accessible.

Only 22% of candidates trained under PMKVY secured employment, shows data

Government data show that only 22% of candidates certified under PMKVY 1.0 to 3.0 secured jobs, with placements for SC and ST candidates at about 25%, even as PMKVY 4.0 delinks training from targets

720 million basic savings bank accounts exempt from balance penalty: FM

About 72 crore Basic Savings Bank Deposit Accounts (BSBDA), including those under the PM Jan Dhan scheme, are not subject to any penal charges for non-maintenance of minimum balance, Finance Minister Nirmala Sitharaman said on Monday. In a written reply to a question in the Lok Sabha, she said banks offer zero-balance savings accounts facility in Basic Savings Bank Deposit Accounts (BSBDAs), including the accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY), to ensure universal access to banking facilities, particularly for unbanked, vulnerable and small depositors, and to promote financial inclusion. These accounts do not require maintenance of any minimum balance, and the account holders are provided basic banking services such as deposits, withdrawals and ATM access free of charge, without levy of any penal charges. "Approximately 72 crore BSBDAs, including PMJDY accounts, are not subject to any penal charges for non-maintenance of minimum balance," Sitharaman said.

India Energy Stack pilot to begin in five states next fiscal year: Govt

The India Energy Stack, an integrated digital public infrastructure for the power sector, will be launched in five states on a pilot basis in the next financial year before its nationwide rollout, Parliament was informed on Monday. The total fund allocated for the development of IES (India Energy Stack) is Rs 51.3 crore, of which Rs 3.88 crore has been released, Union Minister of State for Power Shripad Naik said in a written reply to Rajya Sabha. Distribution utilities of Delhi, Gujarat, Andhra Pradesh, Uttar Pradesh and Mumbai have been identified for pilot implementation of IES, and the timeline for demonstration of the same is FY 2026-27, Naik said. After the successful demonstration, India Energy Stack is envisaged to be rolled out across the country, the minister informed the Upper House. Rapid growth in renewable energy, electric vehicles, and consumer participation in energy markets is transforming the sector, yet fragmented systems and the lack of seamless digital integrat

Nasscom asks IT firms to boost cyber readiness amid West Asia crisis

IT industry body Nasscom on Monday advised technology companies to strengthen operational preparedness and cybersecurity frameworks in the wake of the evolving geopolitical situation in West Asia, cautioning that periods of uncertainty can heighten risks of disruptions and cyber threats. Issuing a fresh advisory to member companies, Nasscom said while business operations currently remain stable, organisations are proactively reviewing contingency plans and strengthening resilience measures to mitigate potential disruptions "should the situation evolve over time". The advisory comes amid conflict in West Asia following US and Israeli strikes on Iran that triggered retaliatory missile and drone attacks, disrupting airspace and raising concerns over regional stability, cyber threats, and potential spillover effects on global technology infrastructure, travel routes, and maritime trade. The widening conflict has also rattled global markets, as investors turned cautious amid fears around

West Asia war: 45K Indian containers stuck; export costs increase fivefold

Exporters stare at either a diversion in routes, or a U-turn to India

Semaglutide generics likely to widen access but raise dropout risks

Experts add that while the introduction of branded generics will trigger an acceleration in volumes for GLP-1 agonists, the value growth may moderate due to price erosion

Public sector banks lag private banks in women board seats, shows data

Women CEO in three insurers, zero in banks

West Asia conflict puts $11.8 bn of India's agri exports at risk: GTRI

India's agri and food products exports worth USD 11.8 billion to West Asia are at risk as the conflict in the region is disrupting shipping routes, raising insurance costs and creating uncertainty in logistics, think tank GTRI said on Saturday. In 2025, India exported about USD 11.8 billion of agricultural and food products such as cereals, fruits, vegetables, dairy products, and spices to West Asia, accounting for 21.8 per cent of India's total exports in this sector. "The Gulf region's geographic proximity and large expatriate Indian population have historically made it a natural market for India's food exports. "However, the conflict in the region is disrupting shipping routes, raising insurance costs and creating uncertainty in logistics," the Global Trade Research Initiative (GTRI) said. India exported USD 7.48 billion of cereals, fruits, vegetables and spices to West Asia in 2025, with the region accounting for 29.2 per cent of India's global exports in this category. Key ..

Indian gas firms may cut industrial supply if Qatar halt persists

QatarEnergy has halted production of liquefied natural gas (LNG) amid attacks on its facilities as tensions rise in West Asia

Air India to launch Hanoi-Delhi, Tokyo-Mumbai non-stop flights services

Air India on Thursday announced the launch of its non-stop flight services on the Hanoi-Delhi and Tokyo (Haneda)-Mumbai routes starting in the June quarter as part of its expansion across Asia. The Tata group airline already operates to Vietnam and Japan with flights to Ho Chi Minh City and Tokyo (Haneda) from the national capital. The new five-time weekly services to Hanoi, starting from May 1, will complement daily flights to Ho Chi Minh City. This provides greater flexibility to travellers who intend to visit Vietnam with open jaw itineraries-entering from Hanoi and exiting Ho Chi Minh City or vice versa, Air India said, adding these services will be operated with a A320neo aircraft in a three-calss configuration--business Premium economy as well as Economy Class. The opening of this new route adds 7,028 seats to and from Vietnam each month, Air India said. Vietnam, which now ranks as the third-most-visited country in Southeast Asia, having recorded over 20 million visitors in

An AI summit afterglow: February's demand spike boosts hospitality sector

The spillover wasn't limited to the northern region. Executives ended up staying in Mumbai and Bengaluru hotels in several instances, travelling to and from Delhi for the event

Sarvam AI launches startup programme to back AI builders in India: Details

The programme offers startups up to 12 months of API credits, access to Sarvam's language AI tools, and direct engineering support

Nearly 25% of internet users in India faced cyberthreats in 2025: Report

Cybersecurity firm Kaspersky claims to have blocked over 4.7 crore web-based threats that were faced by 24.7 per cent of internet users in India in 2025. Internet users in India, on average, encountered approximately 1,30,209 web threats per day during the year, Kaspersky said in a statement. "Nearly a quarter (24.7 per cent) of Internet users in India faced web-based threats in 2025. Between January and December 2025, Kaspersky products detected and blocked 47,526,422 Internet-borne cyberthreats on users' computers across the country," the company said. Globally, India was ranked 62nd in terms of users affected by web-borne threats, according to data obtained and processed by Kaspersky Security Network (KSN). According to KSN data, attacks delivered via browsers that exploit vulnerabilities in browsers and their plug-ins remain the primary method of online threats. "File-less malware continued to be among the most dangerous forms of attack targeting internet users in India in 202

Prolonged Iran conflict may hit corporate earnings in India: Report

'We expect some downside risk to corporate earnings, especially if the conflict lasts longer than a few weeks,' the report said on Thursday

Uttar Pradesh expressway network to support 27 industrial parks

Three expressways are under construction, including Ganga Expressway and Lucknow-Kanpur Expressway, while 12 new expressway projects have been proposed by the government

NaBFID plans $500 million equity fund to boost infrastructure financing

NaBFID's entry into equity marks an expansion of its toolkit beyond traditional debt and a bid to appeal to a broader swath of investors as the country's infrastructure needs accelerate

Jack Daniel's maker Brown-Forman to launch more premium brands in India

India's affluent buyers splurge on everything from jewellery to pricey liquor, making the country a focus for global brands

1Point1 Solutions completes $33.37 million acquisition of Netcom BCC

Business process management firm 1Point1 Solutions on Thursday said it has completed the acquisition of Costa Rica-based peer Netcom Business Contact Center SA for USD 33.37 million. The acquisition marks a strategic entry of 1Point1 Solutions into the central and Latin American market, the company said in a statement. "Netcom strengthens our BFSI capabilities and establishes a strategic near-shore presence in Latin America, enabling us to serve clients with greater agility and regulatory alignment. As we integrate our AI stack across operations, we are not just expanding geographically, we are scaling human intelligence at a global level," 1Point1 Solutions Chairman and Managing Director, Akshay Chhabra, said. With this transaction, 1Point1 Solutions establishes an immediate near-shore delivery presence across Costa Rica, Colombia, and Panama. "Looking ahead, 1Point1 remains committed to disciplined inorganic expansion, with plans to pursue 2-3 strategic acquisitions over the next