News

Summercool Home Appliances is investing about ₹50 crore in a Ghaziabad plant that will make 50,000 to 60,000 air coolers a month from October 2026.

Voltas reported Q1 FY27 net profit of ₹213 crore, up 50%, on income of ₹4,765 crore, and sold one million room ACs in just 81 days.

Grasim has started commercial production at its CPVC resin plant in Vilayat, Gujarat, built with Lubrizol technology and sized at about 50,000 tonnes a year.

The Union Cabinet has approved a ₹23,731 crore scheme for compressed biogas, with blending mandates for gas distributors and a fixed price of ₹105 per kg.

India has extended anti dumping duty on phthalic anhydride from China and Korea for five more years, at US$40.08 and US$140.17 a tonne.

Praj GenX has signed an exclusive framework deal worth at least US$52 million to supply fabricated modules for hyperscale data centre projects.

Samsung India has launched its full 2026 Vision AI TV lineup in India, introducing 72 television models across Micro RGB, OLED, Neo QLED, The Frame, Mini LED and UHD categories as the company broadens access to AI-powered viewing features across its portfolio.

Samsung Electronics and Google unveiled a first look at their new intelligent eyewear at Google I/O 2026, introducing two premium styles developed in partnership with Gentle Monster and Warby Parker. Designed as a companion device to smartphones, the eyewear combines AI capabilities with hands-free usability and fashion-focused design.

MTR Foods, part of Orkla India, has launched its MTR Minute Fresh Batter range in Hyderabad, expanding its presence in the convenience food segment as demand for ready-to-cook breakfast products continues to rise in urban markets.

Hindustan Unilever Limited (HUL) has launched the Liquids Lab of the Future (LLoTF) at its Mumbai R&D centre, expanding its AI and digital-led research capabilities for liquid product categories such as body washes, shampoos and laundry liquids.