Page 272 - Industry News

Govt to set up SPV for making aircraft in India: Civil aviation minister

Minister Naidu also highlighted the steps taken by the government to promote aircraft component manufacturing and MRO (Maintenance, Repair and Overhaul) activities

India may face an AI talent shortfall of over 1 million by 2027: Report

The report highlighted the urgent need for India to reskill and upskill its workforce to meet the growing demand for AI expertise

Time spent by Indians on leisure, mass media up by 16 minutes: Survey

NSO's latest survey says the time spent on these activities rose to 159 mins a day in 2024

Public sector oil, gas companies weigh term pacts; no formal talks yet

US push to sell more energy to India coincides with stable global crude, LNG prices

Gaming federations tie up to enforce code of ethics for user safety

Under the code of ethics framework, all gaming companies will implement strict age-gating norms, have robust know-your-consumer norms, ensure appropriate safeguards for gamers' data

India's cybersecurity firewall most breached by hacktivists, shows data

India has also emerged as the third-largest country for reported data leaks in the public domain globally, behind the United States (US) and Russia

Roshni Nadar Malhotra third richest Indian after stake 'gift', shows data

As per the Bloomberg Billionaires - India list, Mukesh Ambani remains the richest Indian with a net worth of $88.1 billion, followed by Gautam Adani at $68.9 billion

AC companies likely to raise prices by 4-5% due to component shortages

Haier, the third-biggest home appliances maker in the country with a close to 10 per cent share in the AC market, is ramping up capacities to address increased demand in the coming period

India eyes potential to become a hub for submarine cables, global backbone

"Increase in the number of submarine cables is key to reducing latency, improving network speed and performance in India"

Over 2K delegates, members from 30 nations join Gridcon 2025 power summit

R.K. Tyagi, CMD, POWEGRID along with the directors and senior officials from Ministry and other power sector PSUs were present during the function

IBS Software to explore more biz opportunities in India's airline industry

According to Mathews, the key trends in the industry are best-in-class technology systems, travel commerce and supercharged customer relationships

Playbook Partners to invest $20 mn each in 12-15 firms over 2 years

Our focus is on companies that have crossed Rs 100 crores in turnover, where our capital and expertise can accelerate their journey to the next level of growth, Choudhury told PTI

SolitAir to invest $25 mn in India's air cargo market this year: CEO

Based on cost and investment coming into India, we are talking anywhere between USD 20-25-million investment in the Indian market in the first year, Osman told PTI

Solar manufacturers seek duty protection on imported ingot, wafer

PV modules rely on crystalline silicon as the absorber material. At the base is polysilicon - a high-purity, fine-grained crystalline silicon product, which is turned into ingot and wafers

FHRAI urges govt to delink food and beverage GST rates from room tariffs

Citing multiple representations made to the authorities, FHRAI emphasized that the current practice of linking F&B taxation to hotel room tariffs is both unfair and operationally challenging

US tariffs to hit pharma sector, while auto industry impact remains minimal

Terming India as a very high tariff nation, US President Donald Trump has said that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2

DPIIT asks industries to submit monthly production data since April 2022

The department develops policies and strategies for industrial development in the country in line with the needs of the stakeholders

Modern workplaces weren't designed for mothers, now is the time for change

A recent survey from the United States found that two-thirds of mothers considered leaving the workforce in 2024 due to the stress and cost of child care

Khadi products witnessed sale of Rs 12.02 cr at Maha Kumbh: KVIC chairman

He added that the exhibition featured 98 Khadi stalls and 54 village industry stalls, which collectively recorded sales of Rs 9.76 crore in Khadi and Rs 2.26 crore in village industry products

'Premature to talk about details of negotiations on Indo-US trade deal'

Last month, India and the US announced that they would negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) following talks between PM Modi and Trump