Amplifon quits India
The world's largest hearing care retailer has left India. Its own disclosure shows the business it sold to Hearzap turned over about €12 million and dragged on group profits. Neither side disclosed the price.
INDUSTRY
Manufacturing, energy, infrastructure & other sectors
Keemti targets 88 lab-grown diamond stores by December
Keemti Jewels targets 88 stores from their current 11 by December 2026.
Mahindra University to set up India's second HackerFab for semiconductor students
Students will build their own photolithography and sputtering equipment at India's second HackerFab, following IIT Bombay's. The university did not disclose the cost, or when its planned cleanroom will be ready.
One Line, Two Wins
Jai Raj Ispat made a technology bet to compete with Steel producing giants in India by being better rather than bigger, focusing on quality and cost as a strategy.
Pharma leaders flag API import dependence and thin R&D spend at CPHI build-up
The Hyderabad briefing ahead of CPHI & PMEC India 2026 talked about the industry's dependence on external inputs, the need for deeper investment in R&D and the growing pressure to meet evolving compliance standards, besides logistics of the events.
QA and Level-1 support roles most at risk from AI based on FICCI–KPMG skills report
A FICCI–KPMG report at the FICCI Global Skills Summit cites NITI Aayog in flagging displacement risk for QA engineers and Level-1 support agents by 2031, against up to 40 lakh AI-augmented jobs — if large-scale reskilling begins now.
Page Industries' revenue grows 7.9% in a steady first quarter
Jockey licensee Page Industries reported Q1 revenue up 7.9% to INR 1,420 crore on 5.7% volume growth, holding a 20.3% EBITDA margin, a steady but unspectacular quarter.