Page 337 - Industry News

Tech giants Infosys, TCS among top 5 global H-1B visa beneficiaries

Account for over 41% of visas along with Cognizant, HCLTech

Work demand under MGNREGA rises 8.3% in December 2024, shows data

Data sourced from the MGNREGA website showed that 21.58 million households sought work under the scheme in December

UPI moment for B2B payments: Bharat Connect likely to go live by March

The NPCI subsidiary, which will follow the model similar to TPAPs, is conducting pilots with eight companies

India's sugar consumption likely at 28 million tonnes in 2024-25: Isma

The drop in consumption is largely due to absence of any big events like the 2024 General Elections which is believed to have pushed up sugar consumption in India

NestAway co-founder accuses Tiger Global, Chiratae, Goldman Sachs of fraud

Sahu's complaint alleges that his signature as a company director was illegally used to finalise NestAway's Rs 90-crore sale to proptech firm Aurum on June 28, 2023

PM Narendra Modi lauds ONDC for revolutionising digital commerce in India

ONDC has contributed to empowering small businesses and revolutionising e-commerce, thus playing a vital role in furthering growth and prosperity

Prepack insolvency logged slow pick-up, only 13 cases till September

Govt may widen scope of schemes for larger companies and not just MSMEs

Coal production from captive, commercial mines rises 34% in Apr-Dec period

Coal output from captive and commercial mines was 97.665 MT in the year-ago period, the coal ministry said in a statement

Oil and gas demand likely to remain strong in FY26: India Ratings

Credit profile may see an addition of debt on account of under-construction refinery expansion projects for all the major oil marketing companies

151 steel standards prepared by BIS incorporated in Quality Control Order

This exercise is continuing towards the goal of formulating standards for all the steel consumed in the country

Office demand in key business hubs outpaces supply: Mindspace REIT CEO

The Mindspace REIT CEO also expects interest rates to ease, paving the way for higher growth

Textile exports increase 7% to $21.35 bn in Apr-Oct of FY25: Govt

The outbound shipments from the sector stood at USD 20 billion in the same period of the previous financial year, FY 2023-24

GTRI calls for assessment of steel industry before imposing safeguards

The report has stressed that any new measures should be based on a clear understanding of the implications of existing measures

The India story: An ongoing digital journey of joining India with Bharat

It all began five years before the dawn of 2000, when mobile phone service entered India

Critical mineral push: Exploration up 53%, but auction hurdles persist

The ministry has also notified 28 private exploration agencies to undertake exploration without requiring prospecting licences

MSME bodies seek audit exemption for firms below Rs 5 crore turnover

In budget recommendations, FISME emphasised that SMA framework should go beyond merely identifying stressed accounts and halting banking operations to include guidelines for reviving these accounts

NSO seeks private firms to conduct socio-economic sample surveys

By partnering with private agencies, the NSO seeks to tap into additional expertise and resources, enabling more efficient survey execution

Strong demand outlook to benefit Mumbai-based real estate players

For the nine-month period (April to December 2024), 1.04 lakh units were registered. This was 9 per cent more on a Y-o-Y basis and was valued at Rs 1.56 trillion

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

ITC's spunoff unit to remain part of Sensex, Nifty for 3 days post-listing to help index funds navigate change

New Year's Eve 2025: Blinkit, Zepto, Swiggy Instamart hit record orders

While Swiggy Instamart recorded its largest order of Rs 70,325 from a user in central Goa, Blinkit reported an order worth Rs 64,988 from a Kolkata user