Page 239 - Industry News

Datanomics: Virat Kohli retires as India's top cricketing brand in Tests

Kohli exits the longest format as India's fourth-highest run scorer and most influential celebrity brand, leaving behind a legacy of dominance and global appeal

Piyush Goyal to review request for extension of QCO deadline for appliances

The industry raised its concerns and highlighted issues faced by them in the implementation of the order on various electrical appliances

Artist body urges Netflix, JioCinema, Prime Video to boycott Turkish shows

The Federation of Western India Cine Employees (FWICE) has also asked film producers to avoid shooting shows and movies in Turkiye

Import duty cuts on wine in FTAs could hurt domestic makers: CIABC

The Confederation of Indian Alcoholic Beverage Companies (CIABC) also suggested the government to impose a minimum import price clause to prevent inbound shipments of low-cost and low-quality bottled

Electronic parts PLI: Govt may clear 1st lot of eligible players in a month

The ministry is also working on revamping the design-linked incentive (DLI) scheme, which is part of the semiconductor mission, and has so far had a subdued response

Don't stretch your power beyond statute: NCLT chairperson cautions litigant

NCLT Chairperson R Sudhakar says tribunal must operate within IBC and Companies Act as BPSL liquidation returns to Delhi bench after Supreme Court's recent ruling

Singtel to sell 47.6 million Bharti Airtel shares worth $1 bn on Friday

The Singapore-based telco currently holds a 29.5 per cent cumulative stake in Bharti Airtel through direct and indirect shareholding in promoter entities

Unicommerce processed 20 million quick commerce order items in FY25

Unicommerce's SaaS platform Uniware processed over two crore quick commerce order items in FY25, with growth led by personal care, nutrition, toys and fashion categories

China to US ocean cargo bookings surge nearly 300% after tariff truce

The suspension of tariffs is pushing US importers to front-load orders from China, with shipping lines predicting an earlier-than-expected peak cargo season

OPEC sees India's oil demand rising 3.4% in 2025, double the pace of China

India's oil demand is expected to grow at the fastest pace among major economies and double the rate of rise in China in 2025 and 2026, oil cartel OPEC said in its latest global outlook.

Chhattisgarh amends Industrial Development Policy; aims to woo investment

The policy, which was notified on February 27, envisages "Amrit Kaal: Chhattisgarh Vision 2047 with an aim to set new benchmarks in the industrial development of the state"

Rajasthan to promote religious tourism, ensure development of temple towns

According to Rajasthan government data, the tourism industry has a share of 7.45 per cent in the gross value added (GVA) of the state, and a share of over 11.35 per cent in overall employment

Punjab to offer subsidy for setting up paddy straw-based boilers: Minister

This step will not only promote the use of paddy residue as a fuel in industries and help paddy straw management but will also supplement income of paddy growers, Minister Tarunpreet Singh Sond said

India's sugar closing stock sufficient for late-2025 demand: NFCSF

The production drop stems from lower sugar recovery rates, which fell to 9.30 per cent from 10.10 per cent, and reduced cane availability for crushing

IEA sees global oil demand growth slowing to 650K bpd for rest of 2025

The IEA lifted its average demand growth forecast for 2025 as a whole to 740,000 bpd, up by 20,000 bpd from the previous report

Telecom sector sees strong fresher hiring intent for 1st half of 2025: Rpt

The telecom roles are blending with IT and data functions, creating hybrid job profiles that didn't exist a few years ago, the report noted

Shapoorji Pallonji targets ₹ 1,400-cr sales from Gurugram housing project

The project features two towers, each having a height of about 150 metre, with 198 apartments. The size of the flats ranges from 2,850 to 3,600 square feet.

Finance ministry considers 10% duty on key telecom gear amid tax disputes

Plans new product classification for items at heart of Samsung, Nokia cases

US oil output to decline in 2026; Indian import plans may be hit

S&P forecasts slower US production from later this year due to slowing global demand

Turkish, Azeri tourism off India travel map; up to 260% drop in bookings

Indian tour operators are also seeing a drop in future bookings, by at least a fifth of what they would usually get at this time