Industry News

Quality control and India’s manufacturing growth

India’s Quality Control Order (QCO) reset must go further in a changing global trade order

Limits of the casting vote at Tata Sons

A mutual settlement is preferred to a lengthy litigation, which could spiral into uncertainty about the group’s leadership

Enterprises should shift from AI pilots to problem-solving: Sindhu Gangadharan

Deep domain knowledge and close engagement with customers are critical to identifying meaningful use cases.

Banks to remain open on Sunday for customers’ convenience in view of proposed nationwide strike

The United Forum of Bank Unions is set to go on a three-day strike beginning September 28, primarily seeking a 5-day banking week, among other demands

Bombay High Court rejects Adani plea that duty-free shops are beyond domestic laws

Gautam Adani argued in court that shops in international departure areas are outside the ⁠reach of domestic regulations as they sit beyond India's territorial jurisdiction

‘Squatting’ on mining assets a concern, says Mines Secretary

Senior official says some miners do not commence operations within a stipulated time-frame, such ‘squatting’ rests on speculative tendencies

JSW’s Ampstar charges into ECV race with ₹2,500 cr bet

At peak utilisation, the facility is expected to generate a turnover of around ₹12,000 crore. JSW’s entry comes at a time when India’s commercial vehicle industry is witnessing a gradual shift…

New ICAI guidelines address sustainability assurance, greenwashing | Analysis

ICAI’s SSA 5000 shifts the focus of sustainability reporting from broad claims to evidence-based disclosures

State owes sanctioned subsidies, incentives worth ₹2,880 crore to 3,716 industrial units: KASSIA

Timely resolution of MSME concerns will strengthen investor confidence and improve the ease of doing business in the State, says trade body president, Ninganna Biradar

Missing measure in India’s magnet mission

The strategic question is not simply whether India possesses rare-earth resources or whether imports from China can be reduced. The real policy challenge is understanding what happens in between

Tata Trusts rejects Tata Sons Board’s reappointment of Chandrasekaran; declares vote ‘void ab initio’

Tata Trusts said the affirmative support of Tata Trusts Nominee Directors as mandated by the Article of Association (AoA) was not given to the board to make any decision

Bengaluru-based A-One Steels India to raise ₹405 crore in an IPO

Promoters say, the company’s manufacturing plants in South of India, mostly in Karnataka, will cater to the demand from the entire country

NMDC looks to hit 60 MT iron ore production mark this fiscal: Chairman

Aligned with the National Steel Policy 2017, which targets an installed domestic steelmaking capacity of 300 MT by 2030-31, NMDC, India's largest iron ore producer, aims to scale its output to 100 MT…

Tiruppur yarn producers seek support from garment units to modify role of CCI

Battle lines in the boardroom | Tata Sons

The group’s promoter company faces questions over leadership, ownership and regulatory issues amid growing differences over who should serve as its executive chairman and whether the company should…

NTPC terminates ₹413 crore BESS contract as contractor fails to meet obligations, achieve progress

NTPC added that it has encashed ₹91 crore from GRIL’s bank guarantees.

CITI expresses concern over potential additional tariffs by the U.S.

German, European industries study possibilities of shifting part of production bases to other countries

Ansell to manufacture gloves at Perundurai plant for key global markets

The plant will make gloves to supply to markets such as the U.S. and the U.K.

Government can bear cost of maintaining UPI network: BJD MP Santrupt Misra

Santrupt Misra said the National Payments Corporation of India (NPCI), which operates UPI, has large financial banks and platforms as its shareholders and promoters