Page 334 - Industry News

Zomato, Swiggy's use of partner data may draw CCI scrutiny, say experts

The CCI had ordered an investigation by the Director General (DG) into the conduct of the food delivery aggregators, the details of which are yet to be made public

Govt extends monthly GST return, payment deadline due to snag in system

Normally, the last date for filing GSTR-1 for monthly return filers is January 11, while for quarterly taxpayers it is January 13

DPIIT holds meeting with AIFs to promote capital mobilisation for startups

FFS was announced with a corpus of Rs 10,000 crore. The corpus is to be built up over the 14th and 15th Finance Commission Cycles (2016-2020 and 2021-2025) through budgetary support by the DPIIT

SpiceJet to add 10 grounded aircraft by April amid weak stock performance

On January 10, 2025, its shares fell by 5.01 per cent to an intraday low of Rs 50.5, marking a total decline of 7.13 per cent over three days

Telcos urge DoT to implement Trai's definition for international traffic

Last month, Trai recommended a clear definition for international traffic, classifying SMS messages originating or terminating on devices, servers, or apps outside India as international

Appliances industry seeks second round of PLI, tax rationalisation

The appliances and consumer electronics industry has also asked for reductions in tariffs on imports, which will help to make the products competitive in the global market

Infra lender NaBFID plans record Rs 400 bn fundraising for Jan-Mar quarter

The lender, which specialises in financing infrastructure projects, plans to raise as much as Rs 400 billion ($4.7 billion) from the local-debt market

Infosys, HCL set to address business outlook under Donald Trump presidency

US-listed peer Accenture Plc raising its revenue outlook last month showed greater deal flow from widespread generative-artificial intelligence adoption

Now playing: How India is finally becoming one unified cinema market

Sukumar's Pushpa 2: The Rule, a blockbuster that hit over Rs 1,400 crore at the domestic BO, is a Telugu film, also released in Hindi, Tamil, Malayalam, and Kannada

E-way bills in December at second highest level in two years, shows data

E-way bills are mandatory for the movement of consignments worth more than Rs 50,000 and are, therefore, an early indicator of demand and supply trends in the economy

Broad-based corporate capex recovery unlikely in FY26: India Ratings

Amid multiple headwinds and weak macroeconomic and microeconomic conditions, a sustained easing of banking system liquidity is necessary, the agency added

Telecom companies seek easing of 'stringent quality of service' norms

Arguing that Trai did not sufficiently address their concerns over how burdensome and cost-intensive the measures will be, operators said they have approached the DoT

India made hydrogen fuel train engine more powerful than others: Vaishnaw

The minister said such technological advancement gives the nation confidence and India has a long way to go in terms of achieving technological self-sufficiency

Multiplex chains expect ticket price rise, strong box office in 2025

However, despite the hype created by Pushpa 2: The Rule, India's multiplex chains expect a moderate rise in ATP this year

Appliances industry seeks 2nd round of PLI, rationalisation of taxes

It has also asked for reductions in tariffs on imports, which will help to make the products competitive in the global market

$466 mn debt: Telangana's liquor crisis is no happy hour for global brands

Global giants like Diageo, Pernod Ricard, and Carlsberg have suspended supplies to Telangana, which owes $466 million in unpaid dues

Emami rebrands products: 'Fair and Handsome' now 'Smart and Handsome'

Brand size may rise to Rs 1K cr

Amid error in gold import figures, Panel formed for accurate data reporting

Govt said that due to the migration of data transmission mechanism from SEZ to ICEGATE, figures of precious metals needed revision as double counting was noticed

Viability of beer prices set by Telangana has become far too stressed: BAI

BAI DG Giri said that the prices allowed to supplier companies are actually below the cost of goods supplied as these prices are based on the cost of production in 2018-19

Experts call for systemic change in accounting, ESG to reflect true value

Income statements in the US haven't changed since maybe 1920