Page 330 - Industry News

Govt to ratify Cape Town Convention to boost aircraft leasing activities

The bill to ratify the Cape Town Convention to promote the leasing business of aircraft has been approved by the Union Cabinet, Civil Aviation Secretary Vumlunmang Vualnam said on Tuesday

Govt issues draft rules to make e-com accountable, seeks comments by Feb 15

The draft guidelines, titled 'E-commerce-Principles and Guidelines for Self Governance', have been prepared by the Bureau of Indian Standards (BIS)

Indian IT sector's talent management to evolve, says Infosys CTO at Davos

India's No.2 software services exporter is one of several IT companies that use 'pyramid' model - where a company employs highest number of staff at entry level, and fewer at each subsequent levels

Budget 2025: SEA urges govt to regulate import of refined edible oils

SEA emphasised the need to launch the 'National Mission on Edible Oils' (NMEO) with increased financial support to boost oilseeds production and reduce import dependency

Indian Banks' Association to choose New CEO, Atul Kumar Goel tops the race

To appoint new CEO, a three-member search committee was formed including CS Setty, chairman of State Bank of India (SBI); MV Rao, CEO of Central Bank of India; and N Kamakodi, CEO of City Union Bank

India eyes bigger slice of US energy supplies, says Hardeep Singh Puri

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, highlighted the stability of the global oil market, supported by increased supplies from the US, Brazil, Guyana, Suriname, and Canada

Renewables' share in India's energy mix to be stable at 21% in FY25: Ind-Ra

The renewable energy capacity addition is expected to gain further traction in view of a strong pipeline (largely solar) and contribute 35-40 per cent to the generation mix by 2030

Wedding industry needs regulations, reduced cash factor: WedMeGood founder

The top 50 wedding venues were ranked on the basis of four criteria -- aesthetics, quality of hospitality, culinary expertise, and how many wedding spaces they had

GAIL, BPCL to set up plants to produce compressed biogas in Chhattisgarh

While GAIL will set up plants in Ambikapur, Raigarh, and Korba, BPCL will execute the agreement in Bilaspur, Dhamtari, and Rajnandgaon

Govt mulls regulatory sandbox for advanced air mobility solutions

The Directorate General of Civil Aviation (DGCA) has set up six working groups related to various aspects of advanced air mobility

Govt disburses Rs 1,596 cr in six PLI schemes between Apr-Sep in FY25

As of August 2024, across 14 sectors, investment of Rs 1.46 trillion have been realised, which has resulted in incremental production of over Rs 12.50 trillion, employment generation of over 950,000

Will Budget 2025 signal bold decisions for the agriculture sector?

Critics say that so far, the Modi government, in its third term, has resisted from making any bold or path-breaking initiatives for the farm sector

Amid Musk-Ambani row, India eyes satellite spectrum to attract global firms

Minister of Communications Jyotiraditya Scindia defends the decision to allocate satellite spectrum, aiming to boost consumer choices and attract global players, despite concerns from Reliance Jio

Refiners ask Abu Dhabi NOC to offer 'oil delivered price' as freight spikes

Russian oil accounted for more than a third of India's imports last year, but US sanctions are tightening supply, pushing the buyer back to traditional Middle East sources

Hard work a personal choice, no one can demand long hours: Narayana Murthy

These are issues one can introspect on, come to a conclusion, and do whatever they want, said Infosys co-founder Narayana Murthy about work-life balance

India among top nations on CEOs confidence on investment plans: PwC survey

PwC said nearly 9 out of 10 Indian CEOs remain confident of economic growth as they plan headcount increases and continued AI rollout

India at forefront of age defined by technological evolution: WEF report

India's advocacy for and pursuit of developmental templates where technology serves as a bridge rather than a barrier are highly relevant, report said

Fintechs shift to direct merchant integration, move away from Juspay

Following PhonePe's decision to end its partnership with payment orchestration platform Juspay, other companies, including Razorpay and Cashfree Payments, are considering similar moves

Govt allows export of 1 mn tonnes sugar in ongoing 2024-25 season

The Food Ministry has issued an order in this regard, allocating export quota sugar mill-wise

NCLT orders Go First liquidation as CoC opts for no revival prospects

CoC opts for liquidation after failed resolution plans; NCLT approves request