Page 371 - Industry News
Indian airlines will operate 25,007 weekly flights in winter schedule: DGCA
More than half of the total 25,007 domestic departures per week during the winter schedule will be handled by IndiGo
 "Indian airlines will operate 25,007 weekly flights in winter schedule: DGCA")
Musk's win on satellite spectrum raises prospect of price war with Ambani
The Indian government says its decision to allocate spectrum administratively to whoever applies for it is in line with global trends
 "Musk's win on satellite spectrum raises prospect of price war with Ambani")
Despite global uncertainties, garment exports increases 8.5% to $7.5 bn
In September also, the exports of ready-made garments grew by 17.3 per cent to $ 1.11 billion
 "Despite global uncertainties, garment exports increases 8.5% to $7.5 bn")
PCs emerge as promising electronic product for exports during Apr-Aug
The exports of laptops to the top five markets - increased to $102.6 million in April-August from just $37 million in the same period of the previous year, the data showed
 "PCs emerge as promising electronic product for exports during Apr-Aug")
Veteran oil and gas exec Naresh Nayyar appointed to board of EET Fuels
Nayyar has been appointed as non-executive director. The appointment was agreed on October 2, 2024
 "Veteran oil and gas exec Naresh Nayyar appointed to board of EET Fuels")
Leaders from 120 member countries to attend seventh session of ISA assembly
He further highlighted the ISA's role in addressing these challenges, saying, "To address these challenges through various programmes, initiatives, and collaborations with governments
 "Leaders from 120 member countries to attend seventh session of ISA assembly")
Indian CDMOs could account for up to 10% of global outsourced work by 2033
The survey states that the industry is about to witness a redistribution of outsourcing work across several Asian countries, with India and Korea emerging as new powerhouses by 2033
 "Indian CDMOs could account for up to 10% of global outsourced work by 2033")
Cargo volume at 12 major ports rises 5% to 413.74 MMT in Sep: Govt
It said the transportation of cargo on National Waterways has reached 56.57 MMT for the April-August 2024 period, registering 4.54 per cent growth over the same period a year ago
 "Cargo volume at 12 major ports rises 5% to 413.74 MMT in Sep: Govt")
Secondary long steel makers likely to see 7% rise in FY25 revenues: CRISIL
This fiscal, the central government's spending on rural and urban housing and infrastructure projects, particularly under Pradhan Mantri Awas Yojana and the National Infrastructure Pipeline
 "Secondary long steel makers likely to see 7% rise in FY25 revenues: CRISIL")
Borosil urges govt on imposing anti-dumping duty on Chinese solar glass
Leading glass maker Borosil has urged the government to impose anti-dumping duty on Chinese solar glass to provide a level playing field to the domestic players, else the Indian industry will "die".
 "Borosil urges govt on imposing anti-dumping duty on Chinese solar glass")
It's collective responsibility to improve corporate governance: NFRA Chief
Adopting global auditing standards would improve the trust of global investors in the Indian economy, which is on its way to becoming the third largest from the present fifth position, he said
 "It's collective responsibility to improve corporate governance: NFRA Chief")
Mumbai property registrations grow 13% during Navratri: Knight Frank
The region witnessed 5,199 property registrations during the nine days of Navratri, from 3 to 11 October 2024
 "Mumbai property registrations grow 13% during Navratri: Knight Frank")
Luxury home sales surge 37.8% across top seven cities in Jan-Sept 2024
Overall, about 225,000 units were sold across the top seven Indian cities during the period, says CBRE
 "Luxury home sales surge 37.8% across top seven cities in Jan-Sept 2024")
AI revolution: 41% of HR recruitment jobs expected to be automated by 2030
Advanced AI tools are expected to improve hiring decisions, better manage talent, and allow HR professionals to focus on more strategic, people-oriented tasks
 "AI revolution: 41% of HR recruitment jobs expected to be automated by 2030")
Every mobile user can broadcast: MoS Murugan cautions on quality of content
Murugan said that when a person publishes news or information, it is incumbent on him to authenticate it, verify it and ensure that it is correct
 "Every mobile user can broadcast: MoS Murugan cautions on quality of content")
India's logistics cost will come down to single-digit in two yrs: Gadkari
Gadkari said there is huge potential for India to export alternative fuels and biofuels
 "India's logistics cost will come down to single-digit in two yrs: Gadkari")
India growth, population to grow demand for carbon-intensive goods: Moody's
Moody's expects India to remain one of the fastest growing economies in the world with real GDP growing 7.2 per cent in 2024
 "India growth, population to grow demand for carbon-intensive goods: Moody's")
India Inc's spending splurge may not trickle down as small firms struggle
If this year's abundant rainfall tames food inflation, the central bank would have the scope to cut rates more deeply than the half percentage point some analysts currently expect
 "India Inc's spending splurge may not trickle down as small firms struggle")
Geopolitical situation unlikely to impact Indian carpet fair: CEPC chairman
The CEPC is targeting an export trade goal of Rs 500 crore to Rs 700 crore during this expo
 "Geopolitical situation unlikely to impact Indian carpet fair: CEPC chairman")
Vodafone Idea may get relief as DoT considers waiving bank guarantees
Once the DoT's draft note receives Cabinet nod, telecom operators will no longer need to provide bank guarantees for securing deferred spectrum payment instalments
 "Vodafone Idea may get relief as DoT considers waiving bank guarantees")