Industry News

What is happening to the Indian IT bench? | Explained

Once a strategic buffer against fluctuating project demand, the IT bench is becoming a more tightly managed pool of talent, shaped by utilisation, changing demand and the growing premium on…

UPI volume jumps 27% to touch 145 bn in first half

This is against UPI volume 114 billion during April-September quarter of the previous financial year, as per data released by the National Payments Corporation of India

FPIs turn net sellers, pull out ₹35,860 crore in September

The outflows came after FPIs invested ₹20,200 crore in Indian equities in July and ₹29,630 crore in August

Amazon expands ultra-fast delivery service to more than 120 Indian cities

Amazon Now offers thousands of products, including groceries, fruits and vegetables, frozen food, personal care items, fashion and beauty products, small appliances and home and kitchen goods

GOBARdhan eyes 10-fold increase in CBG output: Hardeep Singh Puri

Hardeep Singh Puri said the scheme provides capital assistance as well as guaranteed offtake of the renewable fuel made by processing organic waste such as agricultural residue, animal dung, food…

Auto-component order wins: Decoding LTV and its implications for revenue visibility

LTV measures the size of the opportunity, not the speed at which it reaches the revenue line. It needs to be read alongside duration, SOP and revenue ramp-up.

India’s $600 billion food market grows at 7% CAGR, food processing given importance: Official

Stating that protein was particularly relevant given India’s large vegetarian population, the official said there was a need to meet growing protein requirements.

INOX Group scions file for ₹10,000 Crore IPOs each

All the money raised from the IPO will go to the promoters which includes the Jains and Prodair Corporation and its parent Air Products Inc.

Orissa High Court dismisses Vedanta’s plea for supply of bauxite at price as per 2004 deal

The High Court observes the company cannot seek revival of old agreements after having participated in the process initiated under the amended long term linkage policy for bauxite

NMDC’s iron ore output rose 8% in Sept to 4.04 MT, sales dip

Heavy rain and flood-related disruptions affected mining, evacuation operations in Bastar

Anup Bagchi to steer HDFC Bank as RBI gives nod

Mr. Bagchi was among two candidates recommended to the regulator, alongside HDFC Bank’s existing Deputy MD Kaizad M. Bharucha

Reliance Home Finance case: CBI files second charge sheet

No immediate reaction was received from the Reliance ADA Group on the development

Ethanol blending a step towards diversification of agricultural sector: Nitin Gadkari

Nitin Gadkari said that since 2022, four crore four-wheelers and 20 crore two-wheelers have been running on petrol mixed with ethanol

Also covered by: The Hindu - Industry

ATF prices increased by around ₹16 from ₹121 per litre to ₹137 per litre

The latest revision comes after ATF prices were raised by ₹6.28 per litre, or 5.46%, in September, following a ₹5 per litre increase in August

Google restricts access to new AI model over safety concerns

Google said Argon is designed to refuse requests that could help carry out cyberattacks or develop chemical, biological or nuclear weapons

Also covered by: NDTV - Top Stories

Trump, AI majors pledge AI safety; experts flag lack of enforcement

Accord calls for internal controls, independent audits and board oversight, but experts flag weak enforcement, lack of common safety standards and concerns over auditor independence

IRDAI’s proposed distribution norms ruffle feathers of LIC agents, broker body

Cost efficiency should not be pursued in a manner that reduces the number of active agents or makes the profession economically unsustainable.

Feud escalates at Tatas as Srinivasan moves Charity Commissioner against SDTT

“SDTT is a public charitable trust and its substantial shareholding in Tata Sons cannot result in the Trust itself assuming the functions of a commercial enterprise or participating directly in the…

AM Green bags €585 million green ammonia deal

Emerges sole winner of the Asian lot in the H2Global auction, to produce ammonia in Kakinada

OpenAI unveils GPT-6.1 Sol and ‘Dots’ AI agents at DevDay

Sam Altman unveils lower-cost model at DevDay as OpenAI showcases always-on AI agents powered by GPT-6 Astra