Page 336 - Industry News

Powering ahead: India adding nuclear power faster than global peers

Nuclear power has been in the news with NTPC announcing a partnership with the US-based Clean Core Thorium Energy (CCTE) to develop thorium-based fuel for use in nuclear reactors

Vi planning phased 5G rollout with new tariff plans this year: CEO

Telco expects thousands of new sites by March under partnership with global vendors

Ethanol 2.0 policies key for India to match Brazil as a biofuel superpower

Ethanol Blended Petrol (EBP) programme 2.0 is essential because the International Energy Agency forecasts India to be the biggest contributor to global oil demand in the years ahead

Truck rentals remain flat in Dec, Maha Kumbh boosts activity in Prayagraj

Prayagraj region witnessed a 30-40 per cent spike in trucking activity in December, driven by preparations for the upcoming Maha Kumbh Mela, scheduled to take place from January 13 to February 26

Office leasing in 2024 rises 20.8%, records 72 msf in transactions: Report

One-fourth of total transactions concentrated in Bengaluru

Signature Global sales bookings double to Rs 2,770 cr in Q3: Chairman

The company had sold properties worth Rs 1,260 crore in the year-ago period

Industrial, warehousing leads with $2.5 bn in 2024 realty investments

Office segment investments surged 36% to $2.3 bn, residential rose 46% to $1.1 bn

FinMin to hold meeting with MFI players on Wed amid rising bad loans

Credit to the microfinance sector by banks (including SFBs), NBFC-MFIs and other NBFCs has decelerated during the current financial year so far after witnessing rapid growth during the last three year

Budget 2025: Gems, jewellery sector urges govt to reduce GST to 1%

The industry apex body said there is a need to introduce a concessional GST rate for lab-grown diamonds to fully recognise their sustainable and cost-effective attributes compared to natural diamonds

IT major HCLTech marginally hikes salaries of junior-level employees

HCLTech, which is also set to release its third-quarter earnings on January 13, is projected to lead growth among Tier-I IT firms

Odisha aims to be a leading aviation hub, focus on MRO facilities: Official

A high-level stakeholder consultation, hosted by the Commerce and Transport Department, was held on Jan 6 and attendees deliberated on the development of MRO in the state

ASK Property, India Sotheby's launch Rs 1,000 cr fund for luxury housing

ASK Property Fund is the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group

Housing sales up 7% in 2024 across top 8 cities at 350K units: Knight Frank

Hyderabad and Pune reached an all-time highs and Mumbai recorded a 13-year peak

Duty cut on smartphone parts to hit electronics ecosystem, jobs: GTRI

Global Trade Research Initiative (GTRI) warns that this could harm India's growing local manufacturing ecosystem and long-term ambitions in electronics

Govt considers fresh subsidies worth $3 bn, tariff cuts for electronics

The Ministry of Electronics and IT proposed giving manufacturers of components like batteries and camera parts at least Rs 23,000 crore ($2.7 billion) in support

Freight rates up 11% in two weeks over Christmas and New Year rush

Global volatility has impacted container trading rates for Indian ports as well

Industry leaders seek affordable housing, duty relief at pre-Budget meet

The housing and infrastructure sectors were represented by leaders such as Hiranandani Group, Afcons, L&T, and GMR Group

ARPUs to rise, user churn to subside for telcos in Q3FY25, say analysts

Rising data usage, premiumisation may push existing users towards postpaid in FY26

Streaming likely to overtake pay TV globally in 2025, says report

Streaming is beginning to look like pay TV 2.0

Gujarat HC provides relief, says no GST on transfer of state land leases

The court's decision not only alleviates the financial strain on affected businesses but also addresses long-standing concerns regarding double taxation