Page 370 - Industry News

Institutional investment in real estate up 31% to $4.61 bn in Jan-Sep: Rpt

During the latest July-September quarter, institutional investments in real estate rose 41 per cent to $960.8 million from $679.9 million in the year-ago period

Waaree Energies' IPO capitalises on a 357% rise in renewable stock in India

The public offering aligns with Prime Minister Narendra Modi's goal to boost renewable energy production to 500 gigawatts by the end of the decade

FMCG distributors write to CCI over unfair practices by quick commerce cos

The association has also sought to facilitate a dialogue among all stakeholders, including FMCG companies

Luxe automakers on top gear to woo buyers in upscale lounge ambience

They are updating dealership networks to offer customers a more luxurious lounge

India's 5G speed drops amid soaring data consumption and need for spectrum

According to Ookla overall median download speeds in the country have fallen by 15 per cent from 107.03 mbps in April -June to 91.7 in July- September of CY 2024

FPCE writes to govt seeking realty-specific rules for homebuyers' interest

The association pointed out that the consumer forums constituted under Consumer Protection Act 2019 comprises about 10 per cent of their complaints from the consumers of real estate sector

Meeting 2030 target may push India's solar imports to $30 bn per yr: GTRI

India installed 15 GW of solar capacity in 2023-24, raising the total to 90.8 GW by September, compared to just 2.8 GW in 2014

PM's Internship Scheme included in common theme for CPSEs CSR spend in FY25

The Ministry of Corporate Affairs, earlier this month, started enrolling companies as well as interns under the Prime Minister's Internship Scheme

Rajasthan CM Bhajan Lal Sharma invites UK investors to boost tourism

During the event, CM Sharma highlighted that Rajasthan is known for its rich cultural heritage, historic landmarks and scenic beauty

India seeks binding critical minerals pact with US to boost manufacturing

India pushes for a binding critical minerals pact amid discussions to restructure the India-US CEO Forum

125,000 openings listed by companies under PM Internship Scheme: Report

Announced by Finance Minister Nirmala Sitharaman in the Union Budget 2024, the scheme aims to provide an opportunity to do an internship in the top 500 companies in India for 12 months

Analog Devices sees India as key R&D hub: Company's India head

On the semiconductor opportunity in India, Prasad said while the company plans to continue investing heavily in engineering talent

FM Sitharaman meets Mexican minister on backdrop of bilateral trade summit

During the meet, Finance minister commended the strong performance of the Mexican economy in the last six years following prudent fiscal policies

ITU secretary-general echoes PM's call for framework on digital tech

Points to the need for telecom standards setting the tone for ethical use of AI globally

Software services export grows to $205.2 bn in FY24, US major destination

The US was the major software export destination with a 54 per cent share, followed by Europe (31 per cent share), where the United Kingdom was a major destination country

Eyeing $87 bn investment in petrochemicals sector over next decade: Puri

He said India's per capita petrochemical consumption is far below developed nations, which offers opportunities of higher investment in the sector

Govt receives 44 bids in 10th round of commercial coal mine auction

The coal ministry in June put on sale 67 coal mines for auction under the 10th round of commercial mines auction

Wedding industry holds potential to push economic growth: Tourism minister

Age-wise, about 54 per cent of India's population is under 30 years. And a large part of household income is spent on weddings, the minister said

Everyone wants to do business with India due to strong fundamentals: Goyal

He said that inflation is under control, foreign exchange reserves crossed $ 700 billion and the country is recording healthy economic growth rates

Telcos revenue may cross Rs 5 trn in next 2 yrs, says DoT official

According to a report by sector regulator Trai, telecom service providers posted a gross revenue of Rs 3.36 trillion in the financial year 2024