Page 286 - Industry News

More Q3 earnings misses than hits by India Inc add pressure to markets

Earnings upgrade-to-downgrade ratio worst in 22 quarters, says Motilal Oswal

India, EU to hold next round of talks on proposed FTA from Mar 10

Additional Secretary in the Department of Commerce L Satya Srinivas said that before the round the entire delegation of the European Commission will be in India from February 28

Telecom operators hit back at Trai's latest spam-control regulations

Say tougher telemarketers, OTT communication platforms need to be regulated

SWAMIH touches 50,000 mark as FM Sitharaman hands over keys to homebuyers

The primary objective for establishing 'Special Window' fund is to provide priority debt financing for completion of stalled housing projects that are in Affordable and Middle Income Housing sector

India's exports to US increase 39% to $8.44 bn in January: Govt data

Cumulatively, the country's exports to the US during April-January grew by 8.95 per cent to $68.46 billion against $62.84 billion in the same period previous fiscal

Sugar production falls 12% to 19.7 million tonnes this marketing year: Isma

Among states, Isma data showed that sugar production has fallen in Uttar Pradesh to 64.04 million tonnes from 67.77 million tonnes

Telcos slam TRAI's spam regulations, urge action on telemarketers instead

Telcos criticised the lack of regulations for OTT communication services, highlighting their growing role in spam proliferation, while new norms introduce significantly higher penalties for operators

Trai's pesky call norms: COAI rues higher fines for telecom companies

COAI said it is also concerning that the Telecom Regulatory Authority of India (TRAI) has substantially increased the penalty to be imposed over the telecom service providers

Exports contracts 2.38% in Jan, trade deficit widens to $23 billion

Merchandise exports in January stood at $36.43 billion compared with $38.01 billion in December, while imports for the month were $59.42 billion. In December, imports were at $59.95 billion

FlyDubai eyes to start domestic airline in India by acquiring Go First

FlyDubai, owned by the Investment Corporation of Dubai, is looking to partner with Busy Bee for this venture

Ashwini Vaishnaw to launch IndiaAI portal, 10 firms to provide 14,000 GPUs

The Indian government has intensified efforts to develop a domestic artificial intelligence model, particularly in response to China's DeepSeek

Boosted by PLI scheme, India's smartphone exports hit record Rs 1.5 trn

Smartphone exports during the 10 months leading up to January were 56 per cent higher than the Rs 991.2 billion recorded in the same period of FY24

NRAI meets Union Minister Piyush Goyal over private labelling concerns

Representatives of NRAI highlighted challenges faced by the restaurant and food industry, minister assures support

CGOs take centre stage at IT services companies amid growth challenges

Companies such as Tech Mahindra, HCLTech, LTIMindtree, US Technologies, and Persistent Systems already have growth officers who report to their chief executives

Egg and chicken prices fall nearly 7-10% in February on oversupply woes

Egg exports saw a 16 per cent year-on-year drop in volume terms from April to November, says commerce ministry

Assam cabinet approves mega industrial park, new policy for green energy

Besides, the cabinet has approved Post Graduate increments to Ayurvedic doctors, who have successfully completed the 3-year PG course

PMI Electro Mobility secures Rs 250 crore funding for strategic EV growth

Incorporated in 2017, the eCV maker has a 2,500 unit annual capacity production facility in Delhi-NCR, which produces 7, 9 and 12-metre electric buses and electric school buses

PM Modi optimistic about achieving Rs 9 trillion textile exports by 2030

Prime Minister Narendra Modi on Sunday said he is optimistic that the textile sector will achieve the Rs 9 lakh crore annual exports target ahead of the 2030 deadline.

Over 29,500 drones registered across India, Delhi leads with 4,882

There is no need for prior permission to operate drones in the green zone while the Air Traffic Control (ATC) concerned has to approve operations of drones in the yellow zone

Housing sales in Jaipur rise 5% in 2024, value up 39%: PropEquity

PropEquity has recently released the data for 15 major tier-II cities where total housing sales rose 4 per cent to 1,78,771 units in 2024 from 1,71,903 in the preceding year