Page 245 - Industry News

Blinkit-Airtel SIM delivery paused as DoT asks telcos to abide by KYC norms

The move came after DoT queried Airtel on the process being followed and made it clear that stipulated norms have to be complied with

Mumbai property registrations up 4% in April, revenue down 6%: Knight Frank

The transactions across the month contributed more than Rs 990 crore to Maharashtra's revenue

Bengaluru sees 59% rise in luxury home sales to ₹1,000 cr in FY25: Report

The report stated that Rs 10-12 crore ticket-size apartments are seeing the highest sales in Bengaluru's luxury segment

TN CM Stalin launches electronics scheme, eyes ₹30,000 cr in investments

The special initiative by the state government would support the production of electronic components in the State

Starlink eyes multiple Indian partners to fast-track local satcom launch

Starlink is in talks with Indian firms like BSNL, Nelco, and Jio to launch satellite internet services in India, aiming for rapid expansion through local partnerships across the country

ArcelorMittal warns of trade disruption despite strong quarterly profit

ArcelorMittal shipped about 13.6 million tons of steel in the first quarter, slightly up from the year-ago period

Delivery riders sweat through the gap between corporate hype and reality

Despite companies asserting they provide adequate support, many workers report poor earnings, limited access to rest, and a lack of basic summer relief measures

Telcos fight Noida international airport's indoor telecom infra plan

Coming up in Jewar in Uttar Pradesh's Gautam Buddha Nagar district, the airport plans to grant exclusive rights to a third party to install in-building solutions (IBS)

COAI urges equal cybersecurity rules for telcos, OTT communication apps

Industry body COAI on Tuesday said similar cybersecurity and regulatory rules should govern players, be it telecom operators or OTT communication applications.

Akshaya Tritiya biz may touch Rs 16K cr, market to see mixed trend: CAIT

All India Jewellers and Goldsmith Federation President Pankaj Arora said-Typically, Akshaya Tritiya sees a surge in purchases, but this year, elevated prices have affected consumer demand

Growth hits a green wall: Can Indian factories outgrow environmental norms?

A Supreme Court stay on eased green norms has stalled large-scale construction, reigniting a long-running clash between industrial growth ambitions and environmental safeguards

UP govt signs MoUs to boost solar push, targets 500 GW green energy by 2030

With a vision to transform Uttar Pradesh, especially regions like Bundelkhand, Vindhya, and adjoining areas, into a hub for solar energy, the government is taking policy-driven efforts, govt added

NRAI, FHRAI take service charge ruling to division bench of Delhi HC

The single-judge bench of the Delhi High Court recently ruled that the mandatory collection of service charges is unlawful and violates established guidelines

Viceroy Properties to enter commercial realty with Rs 1,600 crore plan

India's commercial leasing market has seen a high growth phase post Covid, with both office space and retail witnessing robust demand in 2024, which is expected to rise further in 2025

French shipping company CMA CGM launches vessel under Indian flag

First foreign firm to fly the Indian flag on its vessel

Surge in spending, India Inc rides the Corporate Social Responsibility wave

Prominent blue-chip firms like NTPC, Coal India, Wipro, and Reliance Industries also exceeded the 2 per cent mandate

China import delays likely to put Apple's India plans in jeopardy

iPhone 17 plans, localisation drive hit by China delays

Growing pie: Ecommerce share on the fast track for FMCG companies

FMCG companies are reflecting the online growth in the way they are doing business

India's IIP growth recovers to 3% in March, FY25 output at 4-year low

In March 2024, the IIP had grown by 5.4 per cent

Micro lenders fret over Tamil Nadu Bill to prevent coercive recovery

The microfinance players, banks and non-banking finance companies said the checks and balances proposed in the bill are likely to hinder micro lending operations