Industry News

Odisha to set up ₹176.83 cr disaster recovery data centre in Keonjhar

The Odisha Cabinet has approved the facility at Dharanidhar University in Keonjhar to ensure uninterrupted digital services and recovery during cyberattacks or disasters

RITES dispatches first 18-coach rake to Bangladesh under EIB-funded deal

The first rake, dispatched on October 12, comprises 18 coaches manufactured at Rail Coach Factory, Kapurthala, under a European Investment Bank-funded deal with Bangladesh Railway

PNGRB proposes up to 5% hydrogen blending in domestic piped natural gas

The regulator's draft guidelines cap hydrogen blending in domestic piped natural gas at 5 per cent, with strict requirements for safety, gas quality, billing and consumer protection

RDI Fund picks first 19 second-level fund managers, commits ₹7,131 crore

The first cohort includes 14 alternative investment funds and five focused research organisations, with managers expected to mobilise private capital matching the fund's contribution

India's IT giants face identity crisis as AI disrupts traditional biz model

AI upstarts challenge India's cost-led IT model as innovation takes centre stage

GEC-III opens door to competitive bidding for state power transmission

The Rs 1.86 trillion GEC-III scheme aims to strengthen intra-state transmission networks and battery storage, while using competitive bidding to reduce costs and improve renewable energy evacuation

Kerala Tourism eyes festive footfall boost, industry status policy in works

Kerala recorded 10.98 per cent growth in domestic tourist arrivals in Q1 2026 and is preparing new travel packages, upgraded infrastructure and a policy to grant tourism industry status

Semaglutide mkt settles into steady growth six months after patent expiry

Generic brands now account for about 74% of monthly units as lower-priced products expand access, while doctors say the initial rush around the drug is cooling

AI job-loss fears are 'hogwash', says Infosys Chairman Nandan Nilekani

While tasks such as coding can increasingly be handled by artificial intelligence, other roles will emerge to manage the technology's deployment and its risks, Nilekani said

India may need to raise coal power capacity as demand surges: CEA chief

India had planned last year ‌to add 97 GW of coal power capacity to reach 307 GW by 2035 and currently has about 230 GW of capacity

Puravankara Q2 sales bookings surge 62% to ₹2,136 crore on housing demand

In a regulatory filing, the company said its pre-sales rose to ₹2,136 crore in the second quarter of this fiscal from ₹1,322 crore in the year-ago period

Hilton debuts LXR Hotels & Resorts in India with The Den Bengaluru

The 226-room property in Whitefield is owned by Dan Hospitality India Pvt. Ltd. and managed by Hilton, marking the hospitality group's entry into India's luxury market with its LXR brand

Proposed steel policy seeks AI-led detection of sub-standard steel imports

The proposed policy seeks to build a roadmap for the Indian steel industry until 2047

Kalpataru Projects wins new orders worth ₹2,225 crore in T&D business

Kalpataru Projects has secured new orders and a letter of comfort worth about ₹2,031 crore, while its Swedish subsidiary won a ₹194 crore order

FSSAI plans tighter rules for qcom platforms amid food safety crackdown

Ecommerce is the next big focus area for the Food Safety and Standards Authority of India, its Chief Executive Officer Rajit Punhani said

Datanomics: Nearly 20% registered factories were inoperative in FY16-FY25

Factory growth has picked up in recent years, rising 2.66 per cent in FY24 and 2.64 per cent in FY25, yet more factories do not automatically mean higher industrial capacity

Odisha oil reserve faces further delays as UAE seeks pact on crude sales

The ₹8,743 cr Chandikhol SPR was among two projects cleared by the Union Cabinet in 2018

Centre to set up high-level committee to address sugarcane farmers' issues

The Centre will form a high-level committee within a week to address sugarcane farmers' concerns in Maharashtra and Karnataka over pricing, recovery rates and sugar mill irregularities.

FM Sitharaman urges multilateral action on global steel overcapacity

Finance Minister Nirmala Sitharaman says unilateral tariffs only redirect surplus steel and calls for multilateral disciplines on subsidies, citing India's growing steel demand

Coal stocks stable at over 18 mn tonnes as supplies strengthen: Ministry

Coal inventories at power plants have stabilised as rake loading and supplies improve, but stocks remain under pressure, with 87 plants reporting critically low levels