Page 348 - Industry News

High dispatches, low retail sales may up passenger vehicle inventory

Dispatches log best Nov numbers with 4.1% growth, retail sales decline 14%

Ambuja Cements commissions 200 MW solar power project in Gujarat

The Khavda project is part of Adani Cements' plan to have 1 GW of renewable power from solar and wind projects, along with 376 MW from WHRS (Waste Heat Recovery Systems)

DeVANS to boost Samba beer capacity to 600K HL with Rs 60 crore investment

Next financial year, the company plans to launch two limited editions of Gianchand, its flagship Indian Single Malt

80 lakh tonnes of waste reused, green hydrogen key to energy goals: Gadkari

Nitin Gadkari mentioned that the transport sector accounts for about 40 per cent of India's air pollution and outlined various initiatives to address the issue

The aim is to make India a top global domestic aviation hub: Minister Naidu

The civil aviation sector in India has witnessed rapid growth over the last ten years and the aim should be now to become the number one domestic hub globally, Naidu said

Race for instant food heats up: Blinkit launches Bistro to rival Zepto Cafe

Blinkit, the quick-commerce grocery subsidiary of Zomato, launched its new app, Bistro, on the Google Play Store a day after Zepto unveiled Zepto Cafe

EPFO subscribers may soon withdraw claim amounts from accounts through ATMs

According to the report, the withdrawal will be capped at 50 per cent of the Employees' Provident Fund

Ficci FLO's annual meet hosts 350 women entrepreneurs in Northeast region

The first two days of the ongoing meet are being held in Guwahati and the remaining two days in Shillong

Pocket pinch: FMCG companies passing 3-7% of price rise to consumers

Edible oil companies pass on the entire hike to consumers

Capacity utilisation of domestic steel may hit 4-year low in FY25: ICRA

Following the post-Covid metals rally, the domestic steel industry was able to achieve the "impossible trinity" of maintaining above 80 per cent capacity utilisation rates

Warehousing demand, rents witness surge amid diversified occupier base

The industrial and warehousing segment accounted for almost half of total institutional investments in real estate during H1CY24

Rs 200 samosas, Rs 500 thalis has airport users fuming in new survey

Passengers report paying up to 200% more for food and beverages at Indian airports, with samosas priced at Rs 200 and thalis at Rs 500, sparking calls for affordable options and pricing reforms

Govt may soon decide whether to curb steelmaking raw material imports

The trade ministry's Directorate General of Trade Remedies (DGTR) said in April the curbs were meant to protect domestic met coke producers from rising imports, which have increased by more than 61%

Govt announces formula for classifying green steel based on emissions

Steel produced with emissions below 1.6 tonnes per tonne of alloy would be classified as 'five-star green-rated steel', the cleanest of the three

Govt considering proposal to impose safeguard duty on steel imports

A final call on imposing the duty can be taken by the finance ministry on recommendations of the ministry of commerce

Noida Airport partners Mahindra Logistics Mobility for e-taxi service

The round-the-clock and seven days-a-week service will feature premium pick-up and drop-off facilities located at the arrival and departure kerbs

Surge in finished steel imports sparks industry woes, policy dilemmas

It remains to be seen how the government charts out a path to address the competing concerns and resolve the matter

InoxGFL enters solar manufacturing, first plant likely by early next year

Policy emphasis on local equipment, existing RE customer base key push for the decision, says Devansh Jain

MCA offers e-adjudication, e-consultation to boost stakeholder confidence

The introduction of e-adjudication and e-consultation platforms aims to simplify legal procedures, improve stakeholders' experience, and bolster India's ranking in the ease of doing business

After QSR, Bhartias and Jaipurias to battle it out in soft drink space

The Bhartias and the Jaipurias are already competing in the quick-service restaurant (QSR) space as both have known global brands in their portfolios