Industry Odisha Bureau, Aug 21: Artificial intelligence-powered productivity trackers are fundamentally changing how employers evaluate and monitor workers. Technology companies increasingly rely on sophisticated AI systems to track employee activity continuously. Other white-collar firms have also adopted these monitoring platforms to understand workforce time allocation. The systems can measure legitimate performance metrics like sales results and customer outcomes. However, they also rely on proxies such as keyboard activity and screen sleep patterns. Employees often remain unaware they are being monitored because many jurisdictions lack disclosure requirements. The expansion of workplace surveillance has accelerated well beyond the work-from-home era demands. During pandemic-era…
Author: Industry Odisha
Industry Odisha Bureau, Aug 21: India’s core industrial sectors saw growth moderate to 5.4% in July 2026. The previous month’s growth had reached 6%, indicating a slowdown across multiple components. However, July still represented the second-fastest growth rate across the preceding seven months. The data comes from the Ministry of Commerce and Industry’s Index of Core Industries released Thursday. The broader core-sector picture remained mixed, with significant divergence across India’s industrial basket. Fertilisers contracted sharply while cement and electricity provided relative bright spots. Energy-related sectors continued struggling, while mining sectors showed strength influenced by low bases. The Ministry introduced a…
Industry Odisha Bureau, Aug 21: Apple has formally responded to OpenAI’s bid to dismiss its trade-secrets lawsuit. The technology giant argues that OpenAI’s motion to dismiss relies upon distortion and misinterpretation. The lawsuit accuses two former Apple employees and OpenAI of trade-secret misappropriation. Apple filed the lawsuit in July, alleging that OpenAI systematically obtained confidential information. The company maintains that OpenAI exploited that information to benefit its consumer hardware ambitions. Apple says the alleged misappropriation accelerated OpenAI’s efforts to enter consumer technology markets. The lawsuit names Chang Liu, a former Apple senior system electrical engineer. It also names Tang Yew…
Industry Odisha Bureau, Aug 21: India Inc delivered stronger-than-expected earnings during the June quarter of FY27. Nifty 50 profits surged approximately 18% year-on-year, nearly doubling Street estimates. Yet the earnings recovery was deeply uneven, benefiting large corporations disproportionately. Smaller companies continued facing margin pressure and struggled to keep pace. Strong revenue growth accompanied the profit improvement across India’s broader corporate base. Nominal revenue increased 21% year-on-year, while inflation-adjusted real growth accelerated to nearly 17%. Both figures marked their strongest performance across the preceding three years. The gap between nominal and real growth suggested pricing gains supported revenue expansion. However, underlying…
Industry Odisha Bureau, Aug 21: Demand for quality office space continues driving major expansion among India’s REITs. India’s six listed real estate investment trusts are pursuing acquisitions and development. Both strategies are strengthening portfolios despite uncertainty surrounding artificial intelligence’s future impact. The expansion reflects resilient leasing activity across Bengaluru, Mumbai, Hyderabad, Chennai and Pune. India’s REIT ecosystem now manages over 214 million sq ft of commercial assets. Five REITs focus on office properties while one specializes in retail exclusively. Global asset managers including Blackstone and Brookfield back these trusts alongside leading Indian developers. Combined gross assets under management exceeded ₹3.17…
Amstelveen, Aug 20: India advanced to the next round of the FIH Women’s Hockey World Cup in Amstelveen following their match against England in Pool D. After a 2-2 draw against China and a commanding 6-1 victory over South Africa, India demonstrated attacking prowess throughout the tournament’s pool stage. With only the top two teams from each pool qualifying for the knockout stages, India’s performance secured their spot among the elite teams competing for semi-final places. The squad, led by captain Salima Tete, showcased both youth and experience in their campaign. China has already secured qualification with seven points. India…
Amstelveen, Aug 20: India’s unbeaten run faces a defining test against England today on Thursday. An Indian team brimming with confidence enters the crucial Pool D clash. Sjoerd Marijne’s squad needs just one result. Avoid defeat, and India advances to the World Cup’s second round. England present a tougher proposition than South Africa’s hapless defense. India’s 2-2 draw against Olympic silver medallists China showed their resilience. The 6-1 demolition of South Africa proved their attacking prowess. The mathematics are simple but unforgiving. Only top two teams qualify from the pool. China has already secured qualification with seven points. India hold…
Industry Odisha Bureau, Aug 20: Samsung Electronics has raised prices for advanced semiconductor manufacturing services by fifteen percent. The increase reflects artificial intelligence demand straining global advanced semiconductor manufacturing capacity. This affects Samsung’s 4nm, 5nm and 8nm processes, potentially strengthening the company’s foundry position. Customers in China and the United States are facing the steepest increases reported. Some prices for these customers have risen between ten and fifteen percent respectively. Taiwan-based customers have experienced smaller increases ranging from five to ten percent. Taiwan Semiconductor Manufacturing Company controls approximately 73% of the pure-play foundry market globally. Samsung Foundry holds only approximately…
Industry Odisha Bureau, Aug 20: Starlink has renewed its Indian expansion push by submitting a fresh Gen 2 constellation application. The company is now seeking authorisation from India’s space regulator for its next-generation satellite network. The proposed constellation would operate in low Earth orbit at altitudes between 340 and 615 kilometres. This fresh application marks a significant strategic pivot from Starlink’s earlier rejection by Indian authorities. The renewed push carries considerable significance for India’s evolving satellite communications and broadband landscape. Unlike conventional geostationary satellites, Starlink’s proposed Gen 2 constellation operates in low Earth orbit at substantially lower altitudes. This orbital…
Industry Odisha Bureau, Aug 20: India’s external position is strengthening, with the balance-of-payments expected posting fifty billion dollars surplus. This strength stems substantially from the RBI’s special FCNR deposit mobilisation scheme collections. However, market observers warn that robust external surpluses may not automatically strengthen the rupee. The distinction becomes critical when examining where incoming foreign currency ultimately flows within India’s financial system. The RBI’s FCNR(B) scheme has already attracted approximately fifty-seven billion dollars in deposits. Additional inflows of twenty-five to thirty billion dollars could materialise before the end of August. Total collections are therefore approaching eighty-five billion dollars across the…