Page 298 - Industry News

FATF invites Indian online gaming firms to discuss laundering risks

Companies invited for tomorrow's meet include Dream11, Baazi Games, Zupee, WinZO, and others

Jindal accuses China of dumping steel in India, calls for govt intervention

China produces roughly as much steel as the entire rest of the world combined, but its steel production is experiencing a slowdown

Trai intensifies crackdown on pesky calls, prescribe fines up to Rs 10 lakh

The regulator has mandated all telecom operators to analyse call and SMS patterns based on parameters such as unusually high call volumes, short call durations, and low incoming-to-outgoing call ratio

Tech disrupting traditional industries, say leaders at Invest Karnataka

As digital solutions and automation continue to evolve, traditional businesses facing both opportunities and challenges, said top young industry leaders and entrepreneurs at Invest Karnataka summit

Procedure laid out for filing applications for gold bullion import from UAE

Under the agreement, India agreed to import up to 200 metric tonnes of gold annually from the UAE with a 1 per cent tariff concession under tariff rate quota (TRQ)

Japanese firms commit Rs 7,500 cr in investments at Invest Karnataka 2025

Leading Japanese companies have pledged investments across multiple sectors, with a strong focus on automobile manufacturing, industrial automation, and advanced technology

Indian refiners work to build sanctions-proof supply chain for Russian oil

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits

ONGC plans to invest Rs 1 trillion in clean energy projects by 2030

The Dehradun-headquartered company is planning to invest a huge amount of Rs 1 trillion ($11.5 billion) to build a renewable portfolio of 10 gigawatts by 2030

'Capital-starved real estate offers significant investment opportunities'

Housing accounts for the largest share of the overall real estate

Rising airfares, strong consumer demand boost profit outlook for airlines

The rising fares have bolstered the outlook for carriers on both sides of the Atlantic. Major US airlines including Delta , Alaska and United have forecast bumper profits this year

US tariffs may divert steel shipments to India, affecting local prices

Icra noted that these two countries rank among the top three steel exporters to India, accounting for 40-55 per cent of India's overall finished and semis (finished) steel imports

Nokia wins Airtel deal to expand 5G FWA devices for fast internet in India

As part of this initiative, Nokia's 5G FWA and WiFi 6 access point devices will be manufactured in India, aligning with the country's 'Make in India' vision

Govt imposes mandatory quality orders for stainless steel pipes, tubes

A notification 'Stainless Steel Pipes and Tubes (Quality Control) Order, 2025' was issued in this regard by the Department for Promotion of Industry and Internal Trade (DPIIT) on February 10

Maharashtra invites realtors to develop 3,360 acres owned by state bus corp

Developers will be given commercial portions on a lease period that is proposed to be extended up to 99 years

Booze breaks & hangover leave: Japan's IT firm is redefining work culture

Trust Ring Co, an Osaka-based IT company, believes that a little fun can go a long way in keeping employees happy

India must free gas pricing, unbundle marketing, transportation biz: IEA

IEA projected the country's gas consumption rising by 60 per cent to 103 billion cubic metres (bcm) annually by the end of the decade

Housing sales in top 15 tier-II cities rise 20% to Rs 1.53 trn: PropEquity

In value terms, the sales increased 20 per cent to Rs 1,52,552 crore in 2024 from Rs 1,27,505 crore in 2023

Private equity likely to grow in India as IPOs wane, say industry leaders

The PE sector is expecting a higher number of deals this year, especially in financial services, IT and healthcare sectors

US President Donald Trump's 25% tariff sounds alarm for steelmakers

The direct impact of the move is restricted to the stainless steel industry, which exported about 9 per cent of its total exports in value terms to the US

India-UK FTA is the floor of relationship, not ceiling: UK trade envoy

The envoy said the two nations agreed on a Technology and Security Initiative (TSI) between their national security advisors only a few months ago