Page 234 - Industry News

Offshore betting, real estate top ad violations in ASCI's 2024-25 report

According to an ASCI report, 47.5% of the total ads were found to promote harmful products or situations, while 56% were deemed misleading

India's data centre sector may attract $20-25 bn in next 6 years: Colliers

In its latest report, real estate consultant Colliers India mentioned that India's data centre capacity stands at 1,263 MW as of April 2025 across seven major cities

Indians in Tier-II cites bring 'faster growth' for travel industry: Report

Indians' budget for holidays has increased by 20-50% as spending power grows and connectivity improves, it says

Railways' 9000 HP loco most powerful single-unit electric engine: Govt

It stated that the increased hauling power of the 9000 HP locomotive offers a solution to one of Indian Railways' biggest challenges: congestion on high-density freight routes

LNG regulations drive up costs, defer India's gas economy ambitions

Experts question need for Petroleum & Natural Gas Regulatory Board to mandate registration of LNG import terminals

DoT looks to find the right signal for 6G research, patents push in India

Planning to collaborate with industry, academia to identify key tech niches for its 6G research in a bid to drive up patent filings

India may overtake major Asian peers in car sales growth by 2030: Moody's

India's car market is set to grow at 3.5% CAGR to 2030 with 5.1 mn units sold annually as firms plan $10 bn investments to expand EV and battery manufacturing base

Steel ministry backs extension of import curbs on metallurgical coke

India, the world's second-largest crude steel producer, imposed quantitative restrictions in December on imports of low-ash met coke

Connectivity is a constitutional duty, not commodity: Scindia to telcos

Scindia asked telcos, ISPs to prioritise affordability, quality, safety, accessibility, availability, and emerging tech like AI and IoT as pillars of India's digital connectivity mission

India's goods, services exports may reach $1 trillion in FY26: FIEO

Federation of Indian Export Organisations (FIEO) President S C Ralhan said merchandise exports will increase from $437 billion to $525-535 billion in 2025-26

Bengaluru among top 12 global tech hubs as AI talent hits 1 million

Bengaluru's tech talent surge to over 1 million and strong startup ecosystem have placed it alongside San Francisco, Beijing, and Tokyo, says CBRE report

Bengaluru tech workforce crosses 1 mn, ranks among top 12 global hubs: CBRE

CBRE said that the report underscored Bengaluru's leadership in AI development talent, stating that it has the most AI-related professionals in India

India to restore tax refund benefits for exporters from June to boost trade

The benefits under the Remission of Duties and Taxes on Exported Products were introduced on January 1, 2021, but ended on February 5 this year

Ageing truck fleet rekindles commercial vehicle makers' revival hopes

However, industry experts believe that FY26 could mark a turnaround, with mid-single-digit growth expected in the MHCV segment as replacement demand begins to pick up

NITI Aayog bats for working capital support for medium companies

According to the revised classification norms announced in the FY26 Budget, medium enterprises can invest up to Rs 125 crore and have a turnover limit of Rs 500 crore

India's grid gets ready to deal with 'too much' green energy risk

As unprecedented amount of RE flows in, grid managers devise ways to prevent supply disruptions

Revenue-share model 2.0: Levy USO-like fee on OTTs, telcos tell DoT

LTGs take up a significant portion of the network bandwidth, the carriers claimed previously, while asking them to give a share of their revenues towards the infrastructure spend

Assam alternative destination for electronics makers: Himanta Biswa Sarma

Assam the alternative destination for electronics makers

Media advertising revenue strain to stretch into first half of FY26

This follows a lacklustre January-March quarter (Q4FY25), where ad revenues continued to fall year-on-year (Y-o-Y), weighed down by a high base last year due to election-related spending

We are sowing the seed for the future, says L&T's Subramanian Sarma

A few weeks ago, we had a meeting with the Ministry of Power and the minister was talking about adding 30 gigawatt (Gw) of additional thermal power capacity in India as the demand is rising