Page 377 - Industry News

US aviation admin issues safety alert over Boeing 737 jammed rudder

The National Transportation Safety Board on Sept. 26 issued urgent safety recommendations to Boeing and the FAA after investigating the potential for rudder issues in some 737 airplanes

Result preview: FMCG revenue, volume likely to log modest rise in Q2

Rural may outpace urban; rain plays spoilsport for out-of-home consumption, beverages: Analysts

BIF opposes Jio's demand of revising consultation paper on Satcom rules

Reliance Jio has urged telecom regulator Trai to come up with a revised paper on spectrum allocation for satellite communication

Registration certificate not mandatory for exporters seeking benefits: DGFT

"Exporters can claim benefits under these schemes without obtaining an RCMC," the DGFT has said in a trade notice

NFRA aims to adopt best global accounting, auditing standards: Chairman

Amid NFRA and chartered accountants' apex body ICAI having differences over proposed changes to an accounting standard related to group audits

Higher palm oil prices, input costs to impact FMCG firms' Q2 margins

GCPL said it expects a "flattish" earnings growth in the domestic market in the September quarter as higher palm oil prices added to input costs

Discount brokers to be impacted most by new F&O regulations: CRISIL

The impact of the revised transaction charges will vary by entity, depending on factors like existing yield structures, nature of business and transaction volumes on exchanges, it added

Education sector expected to see 12-14% revenue growth in FY25: Crisil

The education sector is well-positioned for growth, supported by higher enrolments, new courses, and ongoing infrastructure investments

Employee background verification discrepancies surge 44% in key industries

The rise in remote work and the prevalence of fake employment verification services led to the employment verification discrepancies rising to 14.26 per cent in FY24 as opposed to 9.9 per cent in FY21

Malaysia terms India's import duty hike on palm oil a temporary aberration

India, the world's largest edible oil importer, raised import duties on palm oil and other edible oils on September 14, 2023, increasing the effective duty on crude palm oil from 5.5% to 12.7%

Airtel-Nokia to cut CO2 emissions by 143K MT annually under 'Green 5G'

The partnership will focus on 'zero-traffic, zero-watt operation', reducing radio network's power consumption during periods of no traffic, thereby conserving power and optimising energy management

Top 8 housing markets see 5% annual sales dip in Sep quarter: PropTiger

PropTiger pointed out that a sharp increase in home prices, averaging a nearly 20 per cent increase across the top eight cities, impacted affordability

Airlines suspend flights in region as tensions in Middle East rise

Rise in concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region

Computer, electronics sectors add highest workers after Covid: ASI data

Experts attribute rise in employment in the electronics industry to high incidence of flexible and temporary workforce

Govt to open Invest India office in Dubai to attract UAE investments: Goyal

Goyal, who was addressing the media after the 12th meeting of India-UAE High-Level Task Force on Investment held here, also announced that the first overseas campus of the IIFT

Data centres in India pivot to strategic artificial intelligence focus

The Ministry of Electronics and Information Technology has also signed an agreement with Nvidia for 10,000 GPUs, which will be allocated to startups

Govt targets 1,000 kg cotton yield per hectare for 11 states: Giriraj Singh

India's current yield of around 450 kg per hectare is much lower than competitors like China, Australia and Brazil, among others

India, UAE to set up food corridor with $2 billion initial funding

The UAE's investments into India are expected to increase as the bilateral investment treaty (BIT), signed in August, takes effect

DGCA issues advisory to airlines on rudder system risk in Boeing 737 planes

Currently, Air India Express, Akasa Air and SpiceJet operate Boeing 737 planes. Together, they have nearly 100 such aircraft

Jio urges Trai to review consultation paper on satellite spectrum

Jio alleged that the paper is tilted towards administrative spectrum assignment which undermines norms of The Telecommunications Act, 2023