Page 356 - Industry News

Five states not ready with draft rules on 3 labour codes: Labour minister

Five states are yet to pre-publish draft rules under three codes on Industrial Relations, Social Security and Occupational Safety, Parliament was informed on Monday.

India strengthens GenAI startup market, funding up over threefold: Nasscom

Indian GenAI startups raised $51 million in Q2 FY25, up from $8 million in Q1 FY25, stated a report by Nasscom

India may become global leader in 5G fixed wireless access market by 2027

Telecom gear maker Ericsson estimates that India may have 80-100 million 5G FWA subscribers by 2030

FMCG distributors flag deep discounts by quick commerce companies

AICPDF says qcomm firms' deep discounting, predatory pricing put small retailers and distributors under immense pressure

CCPA seeks to polish diamond framework; invites stakeholder views for norms

Amid the growing debate and confusion between natural and lab-grown diamonds, the CCPA, recognizing customer concerns, held a meeting on November

Luxury automakers hike prices up to 3% amidst rising material costs

Mercedes-Benz India will revise ex-showroom prices by Rs 2 lakh to Rs 9 lakh, depending on the model

Tractor industry festive sales may grow 8-10% in FY25: Escorts Kubota CFO

Tractor sales in the festive months, spanning from September to November, are expected to grow 8-10 per cent this year on the back of good monsoon lifting market sentiments

In name of open economy, we gave unfair advantages to others: Jaishankar

Jaishankar said in the name of globalisation, we actually hollowed out the manufacturing. SMEs have been hurting for the last 30 years because they see unfair competition, he said

India, EU firm up extensive roadmap for green hydrogen cooperation

The two sides deliberated on ways to enhance cooperation in the sector at the 10th meeting of the India-EU Energy Panel held on Thursday in Brussels

Next round of talks for India-Asean FTA in goods review to be held in Feb

The bilateral trade in 2023-24 was $121 billion and reached $73 billion during April-October this year with a 5.2 per cent growth

Commerce secy visits Norway to discuss trade pact implementation with EFTA

The agreement, officially dubbed as Trade and Economic Partnership Agreement (TEPA), was inked in March

India remains fertile ground for China smartphone majors, shows data

Big chunk of sales comes from the country despite legal troubles

Six pharma companies sign MoUs with Telangana govt for Pharma City

The companies have committed to invest over Rs 5,260 crore, which is expected to create 12,490 job opportunities in the pharma sector

Mumbai, Delhi rank among top 5 APAC mkts for prime residential price growth

Mumbai recorded an 11.5 per cent YoY increase in luxury property prices in Q3 2024, ranking as the 14th most expensive APAC prime residential market

APAC investors invested $1.3 bn in Indian real estate between Jan-Sep 2024

Indian real estate received institutional investments of $4.7 billion between January and September 2024

MSEZ partners with Italy's MIR Group for Rs 1,500 cr green facility

The proposed facility will focus on manufacturing BIPV panels, thermal insulation materials, sodium-ion batteries, and insulated doors and windows

Small and medium hospitals market likely to reach Rs 5 trn by FY27: Report

Report suggests the sector still faces sustainability issues due to profit crunch, expanding competition from large chains

Sarda Energy and Minerals, SM Steels bag coal mines on day 2 of auction

These two coal blocks upon operationalisation will generate annual revenue of Rs 339.06 crore calculated at peak rated capacity (PRC) of these mines

United States leads global Network Readiness Index 2024; India ranks 49th

Singapore has retained the second position, while South Korea has risen to fifth, making them the only Asian countries in the top 10

Trai unlikely to extend November 30 deadline for message traceability norms

With 13,000 businesses already registering with telcos, TRAI believes no disruption would occur