Page 3 - Industry News

Advent Convention and Hotels International buys Mumbai land for ₹275 crore

In November 2025, Advent Hotels International was listed on the BSE and NSE following its demerger from Valor Estate

Bridge Green launches Tamil Nadu's first critical mineral recovery facility

Bridge Green Upcycle has inaugurated Tamil Nadu's first dedicated critical mineral recovery plant for spent lithium-ion batteries, with plans to invest up to ₹1,000 crore over five years

Inox Clean to acquire Vena Energy India's 6 GW renewable portfolio

The acquisition will expand Inox Clean Energy's operating and near-operational renewable portfolio to around 4 GW and take its development pipeline beyond 12 GW

Sugar industry seeks Centre of Excellence for advanced sugarcane breeding

ISMA and NFCSF have proposed a ₹87.94-crore Centre of Excellence at ICAR-SBI, Coimbatore, to accelerate development of climate-resilient and disease-resistant sugarcane varieties

Cabinet approves ₹10,000 crore fund to stabilise ATF costs amid crisis

OMCs will be compensated for losses arising from elevated international ATF prices whenever the prevailing import parity price exceeds a benchmark price determined by the government

Power ministry reviews steps to strengthen grid stability as demand rises

The ministry discussed transmission planning, storage systems, grid resilience and renewable energy integration to ensure stability as electricity demand continues to grow

Chouhan reviews monsoon progress, flags El Nino risk; govt on alert mode

Union Agriculture Minister Shivraj Singh Chouhan on Tuesday reviewed the progress of southwest monsoon and directed officials to provide timely farm advisories and maintain better coordination with states to tackle the potential impact of El Nino on kharif crops. The government is on "alert mode", Chouhan said, asking officials to maintain constant check on monsoon status. "Ensure better coordination with states and take prompt action," Chouhan told officials in the meeting. He also asked them to provide timely advisories and essential assistance to farmers, an official statement said. Measures to safeguard farmers' interests and mitigate the impact on kharif crops were discussed in detail, it said. Officials from all departments and agencies concerned were present in the meeting. The southwest monsoon is expected to onset over Kerala around June 4, the India Meteorological Department (IMD) said on Tuesday. Typically, rains arrive in Kerala around June 1, marking the beginning o

Mobis India fire: Hyundai Motor, Kia production may be hit briefly

A fire at Mobis India's Chennai-area facility may disrupt Hyundai and Kia production for at least a week, prompting efforts to source components from South Korea

A beginner's guide to the IIP ahead of the release of the new series

India adopts a new IIP series with 2022-23 as the base year, expanding sectoral coverage and updating the basket to better reflect the economy

Centre unveils AI-enabled chatbot to help citizens launch grievances online

The Centre on Saturday unveiled an Artificial Intelligence (AI)-enabled chatbot to help citizens raise grievances against government departments online. Launching the chatbot named 'Samadhan Didi' here, Union Minister of State for Personnel Jitendra Singh termed it as "democratisation of the public grievance mechanism" in the nation showcasing the government's unwavering commitment to enhance ease of using public services for citizens. The chatbot marks a significant step towards making public grievance redressal simpler, more accessible and truly multilingual, he said. A citizen can now lodge a grievance simply by speaking, in their own language, describing the concern in plain words ' without needing to know which ministry/department, category or sub-category it belongs to, Singh said. The chatbot understands the concern, asks a few relevant clarifying questions, automatically identifies the appropriate ministry, department, category and sub-category, and files the grievance wit

CBSE portal was hit by malicious attack; 50 children were affected: Report

The CBSE revaluation portal's payment system was hit by a "malicious attack", with around 50 students getting affected, government sources have said. "There were some unauthorised attacks on the portal. The payment gateway was with respect to HDFC about 50-odd children had got in after the hack," a source said. According to the sources, the issue led to abnormal fee displays on the portal, where the payable amount in some cases fluctuated from around Re 1 to nearly Rs 67,000-68,000. "I think out of fun or out of mala fide intention, one rupee was shown and then Rs 67-68,000. So, there were about 50 children in whose cases the amount had changed," the source said. The glitch was linked to the HDFC payment gateway integrated with the system and occurred when the portal went live. "I think the portal was not functional for quite some time. There were issues with respect to the amount where 50 children came in, and they (hackers) manipulated the system," the source said. Four PSU ban

Irrigation water demand likely 807 BCM by 2050, govt pushes water budgeting

India which accounts for 17.5 per cent of the global population and 11.6 per cent of the world's livestock, could see its irrigation water demand rise to 807 billion cubic metres (BCM) by 2050, according to estimates cited by the Ministry of Jal Shakti. The ministry noted that agriculture accounts for 80-90 per cent of water use in rural areas, adding to pressure on the country's water resources. According to the Central Water Commission's study, "Reassessment of Water Availability in India using Space Inputs, 2019", India receives average annual precipitation of around 3,880 BCM. After accounting for natural losses such as evaporation and other factors, average annual water availability is estimated at 1,999.20 BCM. Against this backdrop, the Ministry of Jal Shakti has stressed the need for water budgeting and said India must move away from a supply-driven approach towards demand-based and planned water management systems. Water budgeting enables communities to assess water ...

Rourkela steel plant signs deal with GAIL for uninterrupted PNG supply

The SAIL-owned plant has partnered with GAIL to secure alternative fuel supplies amid propane shortages linked to the West Asia crisis

Cabinet extends SARTHAK-PDS scheme for 5 yrs with ₹25,530-crore outlay

The Union Cabinet has approved the continuation of the SARTHAK-PDS scheme till March 2031 to strengthen foodgrain distribution and modernise the public distribution system

Crude oil price spike pushes helmet manufacturing cost by nearly 20%

Polycarbonate -- a strong plastic used in premium helmet shells -- increased from around ₹140 per kg before the conflict to ₹230 per kg now after touching ₹252 per kg

Organised plywood industry flags diversion of agriculture-grade urea

The organised plywood sector has urged the Centre to curb diversion of subsidised agricultural urea into industrial use amid rising fertiliser subsidy costs and supply pressures

Private bus services may increase rates by 30% due to diesel price hike

Private bus operators here on Tuesday said they may have to increase their prices by around 30 per cent due to the diesel price hike. The diesel price is hovering around Rs 100 per litre and the difficulties in getting diesel have forced bus owners to ply fewer buses, said Pushkar Luley, joint secretary of the Bus Owners and Travel Agents Welfare Association. Around 125 buses ply between Chhatrapati Sambhajinagar and various other cities in Maharashtra and neighboring states, he said. Diesel prices have surged by nearly Rs 7.50 per litre in May amid the West Asia conflict. "We require average 300 litres of diesel per day per bus. Though our dealers are fixed, we now need to check availability of stock. The buses have not stopped plying completely, but we sometimes have to accommodate passengers in other buses if there are empty seats," said Luley. "Ticket prices have not increased yet, but looking at the situation, we will have to raise the prices by at least 30 percent," he ...

Crisil stress test reveals sectors facing risk, and those less affected

Crisil states 22 of the 34 sectors stress-tested could see operating profitability decline by over 10 per cent as companies may not be able to fully pass on higher costs to consumers immediately

Why workers helping train AI robots are worried about losing their jobs

Factory workers are being paid to wear cameras and record their movements to train AI-powered robots. But many fear the technology they are helping build could eventually replace them

Bengal govt bars staff from sharing information with media without sanction

The West Bengal government has issued a circular reiterating existing conduct rules for its employees, which prohibit them from sharing official documents or information with the media without sanction and publicly criticising state and central policies. A circular issued by the office of the chief secretary said the existing conduct rules governing members of the All India Services, West Bengal Civil Service, West Bengal Police Service and other state government employees would be strictly enforced. "The idea is to remind employees of the provisions already laid down in the conduct rules regarding interaction with the media and dissemination of information," an official told PTI. The circular referred to provisions of the AIS Conduct Rules, 1968, and the West Bengal Government Servants' Conduct Rules, 1959. Government employees have been prohibited from directly or indirectly sharing any document or information with the media without approval, the official said. It also bars ...