Page 274 - Industry News

NPPA fixes retail prices of 53 drug formulations, including painkillers

The regulatory body, which comes under the Department of Pharmaceuticals (DoP), took the decision to revise the prices of the formulations during the authority's 130th meeting on February 25

Women hosts make up 30% of Airbnb India, earned Rs 260 crore in 2024

According to data, Millennial travellers (individuals born around 1985-1995) are leading the charge for bookings, followed by Gen Zs, those born between 1997 and 2012

BPTP Group logs Rs 1,500 crore bookings on Day 1 of Gurugram luxury project

Co seeks to earn Rs 6,500 crore in revenue from the residential project located along Dwarka Expressway

India's job market witnesses 41% growth in Feb on freshers hiring: Report

There has been 41 per cent growth in hiring in February 2025 compared to a year ago, driven by the fresher job market which maintained steady growth, according to the report

Cement demand to improve, US tariff impact seen for metal: Crisil

On the commodity sector, Crisil said, "especially metals, will continue to drag down growth due to prevailing pricing pressure"

Traders, business owners struggling due to poor infra, says Delhi CM

Criticising the previous AAP government, Gupta said that it had "focused only on publicising pain, but we are committed to finding solutions and providing relief

Automobile retail sales drop 7% in February amid slowing demand: Fada

Overall retail sales in the domestic market stood at 18,99,196 units last month, registering a dip of 7 per cent compared to 20,46,328 units in the year-ago period

Meta, Google must help combat India's illegal gambling, betting mkt: Study

A report by not-for-profit think tank Digital India Foundation states that the illegal gambling and betting ecosystem in India exceeds $100 billion annually and is growing at 30 per cent per year

India leads global GenAI adoption, but women's participation remains low

According to data from Coursera, while India ranks second globally in GenAI enrolments among women learners, they account for only 29.6 per cent of total GenAI enrolments in the country

Viacom18 and Walt Disney merger effect: Jio to lay off 1,100 employees

JioStar's post-merger layoffs began last month and are expected to continue until June 2025, to eliminate redundant roles across corporate departments

Full market potential of digital space a long way to harness: Report

Geographical divide between urban and rural India far sharper than gender divide, it says

ISPRL evaluating bids to build 2nd SPR phase at Karnataka's Padur

Rs 5,500 cr Budget provision for ISPRL could be diverted to building SPR facilities or cater to fuel subsidies because India's storages are nearly full

Eliminate import duty on drugs from US: Pharma exporters to Centre

The exporters' worry is understandable as the US is the largest export market for Indian pharma accounting for 31.35 percent of India's overall pharma exports worth $27.8 bn

Mahanadi Coalfields to retain Coal India's top spot in production

Till FY21, SECL was CIL's largest coal producing company. The output, however, dropped to 142.5 MT in FY22, only to be overtaken by MCL with coal production of 168.2 MT

Cement prices see three-month rise; dealers optimistic about future

Average pan-India cement prices are about 2-2.5 per cent higher compared to the October-December quarter of 2024-25 (Q3FY25)

FMCG distributors file petition with CCI against Blinkit, Zepto, Instamart

Quick commerce companies are indulging in practices of deep discounts and exclusive supply/distribution agreements, thereby engaging in unfair pricing and affecting the competition, the petition said

India Semiconductor Mission, Tata ink fiscal pact for Gujarat chip plant

The Centre through the India Semiconductor Mission, has committed 50 per cent fiscal support on a pari-passu basis for eligible project costs

State to focus on building social infra around semicon units: Gujarat CM

The country has so far attracted investment worth $18 billion under the first phase of ISM, he said

India's smartphone shipments slips by 9.7% in January 2025, says IDC

This slowdown comes on the back of slow growth in Q4CY24. The fourth quarter of CY2024 saw a dip of 3 per cent, with shipments of 36 million units

Telecom operators hit back at DoT, Trai on service authorization plans

Say Trai's role may get diluted, satco, OTT concerns unmet