Page 292 - Industry News

Despite global lags, India to remain bright spot for petchem demand in 2025

Global petrochemical margins are expected to stay depressed for a few more years amid weak demand from top petrochemical consumer China

Vodafone Idea, Bharti Airtel lose AGR dues case as SC dismisses pleas

The Supreme Court has dismissed telecom giants Vodafone Idea and Bharti Airtel's review petitions seeking corrections in adjusted gross revenue dues calculations, leaving them with no legal recourse

Nexus Select Trust acquires Vega City Mall in Bengaluru for Rs 913 crore

This is Nexus Select's fourth mall acquisition in Bengaluru, making it the largest retail platform in the city in terms of the number of malls

Qcom to lead gig workforce hiring in 2025 amid expansion, rising demand

While qcom has emerged as a viable alternative, the overall investments and count of players in the segment will go up

No festival boost, media companies witness dip in ad revenue in Q3FY25

This comes after media companies reported a decline in their traditional advertising revenue in Q2 (July-September) of FY25

January smartphone exports top full-year total of FY21, shows data

Minister for Electronics and Information Technology Ashwini Vaishnaw recently posted on X that smartphone exports for 2024-25 are likely to reach ₹2.25 trillion

Govt hopes for tariff concessions, biz deals as PM Modi meets Prez Trump

Trump, not yet one month into his presidency, has wielded the threat of tariffs against friend and foe alike to try to extract new trade deals, investment or law enforcement help

Public sector general insurers post combined profit of Rs 1,066 cr in Q3

Public sector general insurance companies (PSGICs), that historically reported losses, witnessed a major turnaround with all of them becoming profitable again

Value MFs attract Rs 1,556 cr inflow in Jan; outlook remains optimistic

This represents a slight increase from the Rs 1,514 crore inflow registered in December, according to data from industry body Association of Mutual Funds in India (Amfi)

Trump aims to cut US trade deficit with India, push for fair trade deal

Trump's meeting with Modi will aim to build on defense sales to ensure they are prioritizing American technology, an official said

10 million orders placed online this Valentine's season, says report

During the first nine days of this month, Tier-II cities recorded over 37 per cent higher volumes compared to the same period in 2024

Sports-tech market may grow by 85% to Rs 49,500 cr in 4 yrs: FIFS-Deloitte

The report has included fan engagement, sports data and analytics, and foundational technologies for the projection

FM replies to Jaya Bachchan: Tax on movie tickets reduced from 28% to 18%

Responding to questions raised by MP and former actor Jaya Bachchan's about the film industry, Finance Minister Nirmala Sitharaman said entertainment tax has been streamlined under the GST regime

Fearing dumping of stainless steel, JSL MD presses for 25% imports duty

US President Donald Trump's decision to impose a 25 per cent import tax on steel and aluminum will be beneficial for the domestic industry, he said

Private airlines report 268 snag instances in 13 months till Jan 2025

Data presented to the Lok Sabha as part of a written reply by the civil aviation ministry on Thursday showed that in 2023, the number of such instances stood at 384

Karnataka seeks $4 billion private investment to expand power grid

Transmission bottlenecks have been cited as a key challenge to the growth of the renewables industry across the globe, with demand for grid equipment overwhelming supplies

Govt aims to boost coal output to meet India's rising energy demand: Reddy

The Coal and Mines Minister also said the government has set the target of producing one billion tonnes of coal this year in a bid to ensure that people do not have to face power shortage

Real estate firms dominate QIP market in 2024, raise Rs 22,320 cr: Report

Institutional investors 'extremely bullish' about sector's growth potential, it says

Campa Cola replaces Thums Up to co-present IPL 2025, spends Rs 200 crore

Media buying executives estimate that IPL 2025's combined ad revenue from TV and OTT platforms will rise by 8-10 per cent over last year to reach around Rs 4,500 crore

Big bucks for big skills: AI, cybersecurity pros see fast promotions, hikes

Top talent in AI, cybersecurity, and leadership roles see 30-40 per cent pay hikes as firms compete for skilled professionals with faster promotions, ESOPs, and long-term incentives