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TRAI Tightens Anti-Spam Rules With AI Checks and Call Penalties

TRAI Tightens Anti-Spam Rules With AI Checks and Call Penalties

TRAI tightened anti-spam rules, introducing AI detection, a 5 paise per minute A2P call charge, and stricter verification. If five numbers are flagged within 10 days, operators face strict enforcement actions.
'CG Semi G2 plant will start production by October-November 2027'

'CG Semi G2 plant will start production by October-November 2027'

CG Semi's smaller G1 facility will reach full capacity of 1.5 million chips daily soon, while the larger G2 plant in Gujarat is scheduled to start production by October-November 2027.
Tamil Nadu Eases Power Access for Eligible Poromboke Land Homes

Tamil Nadu Eases Power Access for Eligible Poromboke Land Homes

Tamil Nadu has waived the NOC requirement for electricity connections to eligible poromboke land homes under 250 sq ft, introducing a new tariff category while ensuring connections confer no land ownership.
Tirupati Laddu prasadam made from palm oil and chemicals, says ED; arrests ghee company owner

Tirupati Laddu prasadam made from palm oil and chemicals, says ED; arrests ghee company owner

The ED arrested a ghee company owner for allegedly supplying Rs 96 crore worth of adulterated ghee, manufactured using palm oil and chemicals, for the Tirupati Laddu prasadam between 2019 and 2024.
Indias Semiconductor Self-Reliance Means Trusted Partnerships, Not Isolation, Says Foreign Secretary Vikram

Indias Semiconductor Self-Reliance Means Trusted Partnerships, Not Isolation, Says Foreign Secretary Vikram

India's semiconductor self-reliance focuses on sovereign capabilities and trusted global partnerships rather than domestic isolation, supported by the Rs 76,000 crore Semicon India 1.0 programme and upcoming Semicon India 2.0.
Tight Primary TMT Supply and Rising Input Costs Sustain September Price Rally
nexizo.ai
Daily Market Report
18 September

Tight Primary TMT Supply and Rising Input Costs Sustain September Price Rally

India’s rebar market is entering the second half of September with firm price momentum, supported by constrained primary supply, maintenance shutdowns and higher coal, sponge iron and coke costs. Post-monsoon construction activity and low distributor inventories are improving demand, while festival disruptions may temporarily limit transactions. Near-term prices are expected to remain elevated, with primary/BF-route material seeing stronger upside than IF-route rebar.
ICC Arbitration ruling: Atiku signed illegal power contract with Sunrise, unfit to be Nigeria's president, says Alake (see $500,000, Citibank account connection)

ICC Arbitration ruling: Atiku signed illegal power contract with Sunrise, unfit to be Nigeria's president, says Alake (see $500,000, Citibank account connection)

An ICC arbitration ruling revealed Atiku Abubakar signed an illegal power contract linked to a $500,000 bribe, exposing Nigeria to a $680 million claim and sparking calls for his presidential race withdrawal.
Styrene Monomer (SM) prices plunge in Asia

Styrene Monomer (SM) prices plunge in Asia

Asian Styrene Monomer prices plunged by USD 60/mt, with FOB Korea at USD 1330-1340/mt and CFR China at USD 1290-130/mt, driven by weaker benzene feedstock and sluggish buying activity.
India’s Vipul Organics acquires membrane manufacturing platform from Aquaporin

India’s Vipul Organics acquires membrane manufacturing platform from Aquaporin

Vipul Organics' Adimem unit has successfully acquired a membrane manufacturing platform from Aquaporin, expanding its production capabilities and operations at the Sayakha facility.
India’s Acutaas Chemicals opens pilot plant for high-potency APIs

India’s Acutaas Chemicals opens pilot plant for high-potency APIs

Acutaas Chemicals has launched a new pilot plant in Surat featuring OEB-4 containment capabilities to manufacture high-potency active pharmaceutical ingredients.

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