Page 306 - Industry News

Sajjan Jindal-led JSW plans airport foray with Andal airport in West Bengal

The foray would be through JSW Infrastructure, which would be buying a stake from private investors in Bengal Aerotropolis Projects Ltd (BAPL)

Bengal Business Global Summit: Industrialists announce investment plans

West Bengal Chief Minister Mamata Banerjee wooed investors to the "smartest" and "safest" state with promises galore. The investors, too, did not disappoint

Tafe gets Madras HC relief in war with AGCO over Ferguson brand ownership

According to a Tafe statement, this order will ensure uninterrupted exclusive use of the Massey Ferguson brand in India by the Chennai-based major until the disposal of the suit

Madhya Pradesh looks to become drone manufacturing hub with new policy

The policy focuses on promoting drone manufacturing, assembly, and maintenance. It offers incentives such as subsidies and tax incentives to manufacturers

GCCs expected to create 425,000 to 450,000 jobs this year, says report

Most of the hiring will be for entry-level talent, with demand for skills in customer experience and support services (17 per cent), cybersecurity and data protection (17 per cent)

Ananya Birla marks entry into beauty, cosmetics industry with new venture

The products will have differentiated packaging, international quality, and a commitment to celebrating individuality, it said, adding a global footprint for the new venture

Ahead of PM's US visit, govt to review tariff surcharges on over 30 items

In a bid to avoid President Donald Trump's growing tariff actions, India has already reduced average import tariff rates to 11 per cent from 13 per cent on several items in the latest Budget

'Trump may be interested in Indian firms signing contracts for US LNG'

US LNG is usually sold with a Henry Hub plus formulae, which has been used since Cheniere started exporting in 2016

Govt expands quality compliance requirements for over 150 products

The BIS will oversee the implementation of these orders, and the list covers a diverse range of products including vacuum cleaners, stainless steel utensils, and massage appliances

India's student housing market expected to expand as demand rises

Student enrolment in higher education was 43.3 million in 2021-22, increasing 26.5 per cent from 34.2 million in 2014-15, according to data from the Ministry of Education

'India-Oman free trade agreement talks progressing at healthy pace'

The negotiations received a much need impetus after the visit of Commerce and Industry Minister Piyush Goyal to Muscat last month

India Inc expects consumption boost, plans to push capex: BS CEOs poll

92 pc of CEOs say consumption would get a boost with tax exemptions

Trai recommends opening up key 5G spectrum band for upcoming auctions

The 37-40 GHz spectrum band is ideal for reaching peak 5G speeds in high-density urban areas

Govt says 339 foreign companies registered in India in last 5 years

The government on Tuesday said 339 foreign companies have been registered in the country in the last five years and the registration of such firms has been on the decline since 2020.

Plan is to create separate agency to implement BharatTradeNet: DGFT

Proposed on the lines of Unified Payments Interface (UPI), the platform will help in moving towards complete digitisation of the entire range of trade documentation

Budget 2025: Shipbuilding gets big push from govt eyeing global trade

The Maritime Development Fund announced by the FM will have a corpus of Rs 25,000 cr; besides, tax breaks and easier infra credit access to shipbuilders aim to reinvigorate the shipbuilding industry

UP SMEs eye offshore markets as state targets Rs 3 trillion in exports

To grab international trade opportunities, Indian Industries Association (IIA) will leverage global trade fairs to showcase domestic products across different product categories

Govt framing schemes under export promotion mission for exporters: DGFT

These schemes are being formulated under the export promotion mission, announced in the Union Budget for 2025-26

Budget 2025: Internship scheme gets massive fund infusion, to see changes

Based on inputs from the pilot project, government is likely to introduce some tweaks to the programme to make it more viable for applicants and industry, besides raising awareness about the scheme

India among top three countries on Singapore's tourist list in 2024

China topped the tourist list with 3.08 million arrivals to Singapore followed by Indonesia with 2.49 million arrivals