Ola Electric has received Rs 366.78 crore under the government’s production-linked incentive scheme, reinforcing its position as a key player in India’s rapidly expanding electric vehicle ecosystem. The incentive reflects the company’s manufacturing scale-up and compliance with domestic value addition norms. For the broader industry, the disbursement underscores the government’s commitment to building a competitive, homegrown EV manufacturing base.

Gujarat is sharpening its position as a national leader in clean energy by rolling out an ambitious policy framework focused on renewable power and green hydrogen. The state aims to attract large-scale private investment, expand domestic manufacturing and position itself as a global hub for low-carbon energy. Leveraging its long coastline, strong industrial base and policy continuity, Gujarat is targeting accelerated capacity addition across solar and wind, alongside early-mover advantages in green hydrogen production.

Mits Healthcare is stepping into the capital markets with an initial public offering aimed at funding its next phase of expansion and strengthening its competitive position in the pharmaceutical space. The IPO is designed to support capacity enhancement, broaden the product portfolio and deepen market reach in domestic and overseas markets. Coming at a time of sustained interest in healthcare investments, the issue underscores the company’s intent to leverage public capital for long-term growth.

India’s industrial and logistics real estate market has reached a record level of demand, reflecting structural shifts in manufacturing, supply chains and consumption. Strong growth in e-commerce, third-party logistics and domestic manufacturing has driven unprecedented absorption across key markets. Policy support, infrastructure investment and the push for supply-chain resilience are further strengthening the sector’s outlook. For developers and investors, the surge underscores the transition of industrial and logistics assets from niche holdings to a core real estate segment.

India’s food safety regulator has issued a clear warning to manufacturers and marketers against labeling herbal infusions as tea, reinforcing long-standing standards aimed at protecting consumers from misleading claims. The Food Safety and Standards Authority of India has clarified that only products derived from Camellia sinensis qualify as tea under existing regulations. The advisory comes amid rapid growth in the wellness beverage market, where herbal blends are increasingly marketed using familiar tea terminology.

Artificial intelligence is rapidly shifting from experimental pilots to full-scale deployment across India’s financial services and insurance sector, with cloud infrastructure playing a decisive role in this transition. Banks, non-banking financial companies and insurers are increasingly embedding AI into core operations such as credit assessment, fraud detection and customer engagement. Cloud platforms, including those offered by global providers, are enabling faster experimentation, regulatory-grade security and scalable deployment.

Sun Pharmaceutical Industries has initiated a recall of an antifungal shampoo from the U.S. market after concerns flagged by the U.S. Food and Drug Administration. The action underscores the heightened regulatory scrutiny facing global drugmakers operating in tightly controlled overseas markets. While the recall does not alter Sun Pharma’s core business fundamentals, it highlights the operational and compliance challenges inherent in complex pharmaceutical supply chains.

Tata Technologies is sharpening its growth strategy by deepening domain expertise and accelerating the convergence of artificial intelligence with traditional IT services. The engineering and digital services firm is positioning itself at the intersection of product engineering, smart manufacturing and data-driven decision-making. As global manufacturers seek efficiency, resilience and innovation, Tata Technologies is leveraging AI-enabled platforms to deliver end-to-end solutions across the product lifecycle.

India’s petrol pump network has crossed a significant milestone, surpassing 1 lakh outlets nationwide after doubling over the past decade. The rapid expansion reflects rising fuel demand, improved road infrastructure and policy reforms that have encouraged wider private and public sector participation. Growth has been particularly strong in rural and semi-urban areas, supporting economic activity and improving last-mile energy access.

India is preparing for one of its most consequential fiscal transformations in decades with the proposed overhaul of the Income Tax Act and significant refinements to the Goods and Services Tax (GST) regime in 2025. The reforms aim to simplify compliance, reduce litigation, broaden the tax base and align the system with a rapidly digitizing economy. Policymakers are signaling a shift from complex, legacy-era provisions toward a transparent, technology-driven framework.