Page 328 - Industry News

E-commerce just got bigger: FMCG brands like ITC, Amul, Nestle lead the way

FMCG giants like ITC, Nestle, Amul, and Dabur are expanding their e-commerce platforms across cities, offering up to 30 per cent discounts, aiming to boost customer base and direct sales

Winter sales keep R-Day offers under weather; online rebates galore

Lower stocks limit offline discounts

Bharti Airtel and Reliance Jio comply with Trai's voice-only mandate

Jio has launched an 84-day plan costing Rs 458 with unlimited voice calling, free national roaming, 1,000 free SMSes, and access to Jio Cinema, and its TV apps, but no mobile data benefits

Pockets and packets shrink as urban consumers face budget squeeze

Companies say that the urban consumer is stressed majorly due to taking on loans and credit in various forms like personal loans and credit card debts

India poised for global leadership in AI, balance necessary: Vaishnaw

Vaishnaw said people across the world now understand how India could stay on a sustained growth path when many other countries went deep under debt

Telecom operators introduce new voice and SMS only plans for prepaid users

The move assumes significance as telecom regulator TRAI, last month, had amended tariff rules to mandate mobile service providers to issue a separate plan for voice calls and SMS

CCPA issues notices to Ola and Uber over differential pricing practices

CCPA seeks response from Apple regarding iPhone's alleged performance issues

Union Budget 2025-26: Ships likely to be granted infrastructure status

Inclusion in the harmonised master list of infrastructure sectors will allow developers in the sector access to infrastructure lending at easier terms

No major impact of US sanctions on Russia, oil to remain stable: IOC chief

On Donald Trump's second US presidency and its impact on India, he said it should be positive for the energy sector because "he has emphasised that we have to produce more energy"

Crisil SME tracker: Govt move on exports to boost revenue for sugar SMEs

Last financial year, the industry witnessed a sharp 10 per cent growth in revenue, driven by an 8 per cent year-on-year (Y-o-Y) increase in sugar prices and a steady 2 per cent rise in consumption

Cosmetic surgery sector eyes $11.5 bn facelift on rising disposable income

Experts attribute this growth to several factors, including US FDA- approved imports from international markets

L&T Semiconductor plans $10 bn investment in silicon fabrication plant

Move only after it has visibility of hitting $1 bn annual sales of fabless semicon products designed by the firm

Cloud, GCCs key growth drivers of India's digital economy: Govt report

Country's cloud market, which accounted for 1.1-1.2 per cent of the global market in 2020-23, and GCCs (global capability centres) were named some of the fastest-growing segments of digital economy

Machine tools to generate $3.8 bn revenue by 2030: Karnataka minister Patil

Speaking at the inaugural event of IMTEX 2025, organised by the Indian Machine Tool Manufacturers' Association (IMTMA), he noted that India ranks 9th globally in machine tool production

India-EU free trade agreement negotiations make 'significant progress'

Commerce and Industry Minister Piyush Goyal was in Brussels last week to meet European Commissioner for Trade Maros Sefcovic to take stock of the progress of the negotiations

Net office leasing may rise 10-11% in FY25 across 6 major cities: Icra

Despite an influx of a huge supply of 125-130 million (1,250-1,300 lakh) square feet in 2024-25 and 2025-26, the vacancy levels are expected to remain range-bound at 14.5-14.7 per cent by March 2025

India, US, West Asia to add 100 GW solar capacity in 2025: Wood Mac report

According to its latest research, the module prices will also increase this year, after two years of low solar panel prices due to global overcapacity

CCPA notices sent to Ola, Uber over Android-iOS fare differences: Joshi

Differential pricing has stirred widespread discussion online with netizens sharing screenshots of how companies charge different prices for the same product/service from iPhones and Android users

Insurers push for more hedging tools from regulator to boost strategies

Currently, the regulatory norms do not permit insurers to use instruments like options to manage equity-market risks

Reliance to invest Rs 3.05 trillion in Maharashtra, creating 300k jobs

The Maharashtra government signed over 50 MoUs with prominent companies at the ongoing World Economic Forum, including the Tata Group, Ceat, Essar Renewables, and Bharat Forge