Page 333 - Industry News

Latest sanctions on Russia may cut off access to discounted crude

Govt hopes there will be no shortage, no disruption for 6-8 weeks, say official sources

Ecobox to invest Rs 400 cr on Chennai facility, buys 50-acre land

The site is well connected to key industrial corridors and Chennai's manufacturing base, and the project is designed to support e-commerce, third-party logistics, and light manufacturing sectors

DGFT updates export policy for every product to promote ease of doing biz

Earlier specific policy conditions were only outlined for goods which were subject to certain restrictions or fell under some norms

Over 20 energy ministers, 90 CEOs to attend IEW 2025: Petroleum Secretary

Battery storage, 2nd and 3rd generation biofuels, green ammonia, and green hydrogen to be in focus

Irdai expands scope of regulatory sandbox framework to foster innovation

Regulatory sandbox refers to live testing of new products or services in a controlled regulatory environment for which regulators may permit certain relaxations for limited purpose of testing

Indian realty sector sees 6% rise in PE investment to $2.82 bn: Anarock

Among assets class, the industrial and logistics sector accounted for 62 per cent of the total investments, housing 15 per cent, office 14 per cent and mixed-use projects 9 per cent

JVC re-enters Indian TV market through licence pact with Super Plastronics

Earlier, the Japanese brand had entered India's TV market in 2019 in partnership with Veira Group, an original equipment manufacturer (OEM) for consumer durables

Land deals rose to over 2,200 acres, mainly for housing projects: CBRE

Real estate consultant CBRE data showed that land deals of more than 2,200 acres last year as against about 1,900 acres in the preceding year

PE investment in real estate rises 6% to $2.82 bn in Apr-Dec 2024: Anarock

Foreign funds contributed 82 per cent to the total PE investments during April-Decrmber 2024

India ranks 3rd in global fintech funding despite 33% drop in 2024: Report

The sector witnessed a decline in funding, driven by a broader slowdown in demand and geopolitical headwinds

Finished steel imports hit six-year high in April-December, up 20% YoY

The country remained a net importer of finished steel during April-December, with exports slumping 24.6 per cent

FMCG distributors rally to defend turf against qcom, ecom competitors

FMCG distributors and retailers will launch a nationwide campaign from January 20 to March 31 in over 500 districts and 700 talukas

Reliance Industries, L&T, and JSW line up new energy projects for 2025

RIL, L&T, and JSW likely to either commercialise their clean energy businesses or commission new ones in the near term

Realtors seek stamp duty cuts, revised home loan limits in Budget

The year 2024 has seen a slowdown in real estate due to general and state elections, with housing sales in the top seven cities declining by 4 per cent

Small, medium-sized pharma firms gear up to comply with revised Schedule M

Pharma groups had wanted two year extension, will raise concerns with govt

Nepal to consider request to import specific dairy products from India

The deliberations included issues pertaining to mutual market access, intellectual property rights and customs duty, it added

Tougher US sanctions to curb Russian oil supply to China and India

Russian oil exports will be hurt severely by the new sanctions, which will force Chinese independent refiners to cut refining output going forward, two Chinese trade sources said

Chennai among top 3 cities for women's social, industrial inclusion: Study

As many as eight cities from Tamil Nadu have figured in the list with the capital city ranking second for being the most inclusive, safe and resilient and sustainable city for working women

Coal import rises by 2% to 182.02 million tonnes in April-November period

The country's coal import was at 178.17 MT in the year-ago period, according to data

Indian Gas Exchange seeks approval to launch 3-6 month gas contracts

IGX currently allows gas suppliers to sell the fuel on the exchange for durations ranging from daily, weekly, fortnightly and monthly