Industry News
Freeing up 6GHz band to hurt 5G expansion, telecom operators may tell DoT
Telecom firms plan to oppose DoT's draft rules delicensing lower 6 GHz band, saying it will hamper 5G rollout and cost-effective mid-band spectrum deployment
 "Freeing up 6GHz band to hurt 5G expansion, telecom operators may tell DoT")
Evolve or perish: Agentic AI set to disrupt software testing roles
The Indian IT sector currently has over 375,000 active professionals in testing and QA/QC functions across experience levels, according to data sourced from specialist staffing firm Xpheno
 "Evolve or perish: Agentic AI set to disrupt software testing roles")
India cuts gas power capacity as idle plants turn permanently unusable
The nation's gas fleet totaled 20.1 gigawatts in April, compared with 25.2 a month earlier, data from the power ministry's Central Electricity Authority show
 "India cuts gas power capacity as idle plants turn permanently unusable")
India's core sector growth plunges to eight-month low of 0.5% in April
April growth slowed due to contraction in refinery and fertiliser output, high base effect; only coal and natural gas posted gains among eight core industries
 "India's core sector growth plunges to eight-month low of 0.5% in April")
India to invest $10 billion in homegrown oil tanker fleet by 2040
The purchase order for 10 tankers should come out as early as this month, the people said. Only ships built locally - even if there's foreign collaboration - will be considered for purchase
 "India to invest $10 billion in homegrown oil tanker fleet by 2040")
Prosus CEO Bloisi visits India to launch flagship 'Luminate' event series
Bengaluru hosts Prosus's inaugural Luminate forum as the firm strengthens its ties with India's tech ecosystem and explores AI, digital commerce, and frontier tech
 "Prosus CEO Bloisi visits India to launch flagship 'Luminate' event series")
Govt likely to amend IBC to scrap prior CCI nod for insolvency bids
Experts feel a clarity by the government on this matter would bring relief to bidders who were concerned about approaching CCI before the CoC approval
 "Govt likely to amend IBC to scrap prior CCI nod for insolvency bids")
Fixed wireless access gets strong signal in India's rural heartland
Jio had about 44% of its subscriber base in rural parts by March
 "Fixed wireless access gets strong signal in India's rural heartland")
India will see fastest satcom rollout, says Jyotiraditya Scindia
Minister says India's satcom market will grow from $2.3 billion to $20 billion by 2028 as Starlink awaits final clearance and QoS becomes key focus for telcos
 "India will see fastest satcom rollout, says Jyotiraditya Scindia")
India-Pakistan tensions: Visa applications to Türkiye, Azerbaijan fall 42%
Visa applications to Turkey and Azerbaijan fall after diplomatic support for Pakistan; Indian travellers shift focus to Southeast Asia, led by metros and younger users
 "India-Pakistan tensions: Visa applications to Türkiye, Azerbaijan fall 42%")
Vedanta Chairman Agarwal calls for safeguard duty on aluminium imports
Vedanta Chairman Anil Agarwal urged the government to impose a safeguard duty on aluminium imports, citing the metal's strategic role and rising global trade tensions
 "Vedanta Chairman Agarwal calls for safeguard duty on aluminium imports")
Hindalco to acquire coal block owner EMMRL for long-term fuel security
Hindalco will acquire EMMRL for ₹48 lakh and take on ₹1,131 crore debt to secure coal for its aluminium operations; Q4 and FY25 earnings also hit record highs
 "Hindalco to acquire coal block owner EMMRL for long-term fuel security")
Indian family businesses trust heirs but succession trends are shifting
HSBC report finds 88 per cent of Indian entrepreneurs trust next-gen with wealth, but few heirs feel obligated to join family businesses as legacy meets modernity
 "Indian family businesses trust heirs but succession trends are shifting")
Govt extends quality order deadline for electrical items to March 2026
The Department for Promotion of Industry and Internal Trade (DPIIT) said that the order would not apply to electrical appliances which fall under the scope of any other QCO
 "Govt extends quality order deadline for electrical items to March 2026")
New cost norms to aid accurate checks on predatory pricing, says CCI chief
Earlier this month, the Competition Commission of India (Determination of Cost of Production) Regulations, 2025 was notified
 "New cost norms to aid accurate checks on predatory pricing, says CCI chief")
Corp Affairs Min aims to finish probe into Gensol, related cos in 3-5 mnths
Gensol Engineering is under regulatory scrutiny for alleged fund diversions and governance lapses, with Sebi barring promoters Anmol Singh Jaggi and Puneet Singh Jaggi from markets in April
 "Corp Affairs Min aims to finish probe into Gensol, related cos in 3-5 mnths")
South Indian cities dominate GCC office leasing in Q1 CY25: Report
Bengaluru leads and it is followed by Chennai and Hyderabad; real estate trend spreading to smaller places too
 "South Indian cities dominate GCC office leasing in Q1 CY25: Report")
RIL, BP, Niko move SC to restore ₹12,800 cr gas arbitration award
The firms have challenged a Delhi HC ruling that cancelled an arbitration award favouring them in the KG Basin gas migration dispute with ONGC
 "RIL, BP, Niko move SC to restore ₹12,800 cr gas arbitration award")
India's dirty furnaces threaten global steel sector's net zero target
While China still dominates in terms of operating capacity, India is the most polluting steelmaker and has the largest pipeline, with more than 350 mn tonnes per year at various stages of development
 "India's dirty furnaces threaten global steel sector's net zero target")
Supreme Court dismisses telcos' plea for AGR waiver, says govt can help
Calls petitions by Vi, Airtel, Tata Tele 'misconceived'
 "Supreme Court dismisses telcos' plea for AGR waiver, says govt can help")
