Page 383 - Industry News
Govt extends export benefits under Rodtep scheme till September 2025
It added that the revised rates under the scheme are also notified for implementation with effect from October 10 this year, once the ICEGATE portal gets updated with new rates
 "Govt extends export benefits under Rodtep scheme till September 2025")
Delhi HC asks SpiceJet to respond to execution petition on engines return
The court also asked the airline to file an affidavit listing out its assets and posted the execution petition for further hearing on November 13
 "Delhi HC asks SpiceJet to respond to execution petition on engines return")
NABH sets digital healthcare standards, 100 hospitals certified so far
A total of 300 hospitals had applied for the digital certification, which was introduced by NABH in 2023
 "NABH sets digital healthcare standards, 100 hospitals certified so far")
Indian pharma companies set to see 9-11% growth in FY25, says Icra
The domestic market is expected to see a positive turnaround, with ICRA projecting revenue growth of 7-9 per cent for its sample set of companies in FY25
 "Indian pharma companies set to see 9-11% growth in FY25, says Icra")
Vi partners with Nokia to enhance network security against cyber threats
The telecom sector is a prime target for cyber threats due to the large amounts of sensitive data it stores, such as credit card details and social security numbers
 "Vi partners with Nokia to enhance network security against cyber threats")
Telecom service authorisation regime should retain contractual nature: COAI
Telcos also complain about AGR calculations, exclusion of OTTs in new regime
 "Telecom service authorisation regime should retain contractual nature: COAI")
Total employment in manufacturing industries up 7.5% in FY23: Govt survey
The number of total persons engaged in manufacturing industries increased to 1,84,94,962 in 2022-23 from 1,72,15,350 in 2021-22
 "Total employment in manufacturing industries up 7.5% in FY23: Govt survey")
IBA calls for tax on non-alcoholic beverages based on sugar content
The ICRIER report said globally, there is consensus among policymakers on the need to have a sugar-based/layered tax on CSDs (carbonated soft drinks)
 "IBA calls for tax on non-alcoholic beverages based on sugar content")
Royal Enfield initiates global recall over safety issue with reflectors
Although there have been no major incidents reported, Royal Enfield is recalling these motorcycles as a precautionary measure to maintain high safety standards
 "Royal Enfield initiates global recall over safety issue with reflectors")
Delhi HC shuts down 45 rogue streaming sites backing Warner Bros, Netflix
The Court granted a dynamic+ injunction, allowing for not just the blocking of current infringing websites, but also any future mirror or alphanumeric variations of 45 rogue streaming sites
 "Delhi HC shuts down 45 rogue streaming sites backing Warner Bros, Netflix")
AI-Vistara merger: Systems integration in progress after initial assessment
Vistara, a joint venture between Tatas and Singapore Airlines, is set to be merged with Air India in November
 "AI-Vistara merger: Systems integration in progress after initial assessment")
Telecom ministry to cut off 21.7 million mobile connections linked to fraud
Indians lost at least Rs 500 crore to fraud in the six months before March, prompting the Centre to form an inter-ministerial panel to address gaps in banking, immigration, and telecom
 "Telecom ministry to cut off 21.7 million mobile connections linked to fraud")
Tamil Nadu's auto manufacturing sector faces severe climate risks: CII
The risk assessment was carried out as part of CII's new framework, 'Building Climate Resilience for Indian Industry', which aims to help businesses identify and address climate-related threats
 "Tamil Nadu's auto manufacturing sector faces severe climate risks: CII")
Govt asks white goods industry to apply for mfg sops in large numbers
Additional Secretary in the DPIIT Rajeev Singh Thakur said that the department has again reopened the application window for the PLI scheme for white goods (ACs and LED lights)
 "Govt asks white goods industry to apply for mfg sops in large numbers")
ICAI forms group on stress management; to introduce counselling help desk
Among other measures, ICAI in collaboration with health institutions, will introduce stress management programmes
 "ICAI forms group on stress management; to introduce counselling help desk")
Flipkart, Amazon eye 20-25% sales growth during festive shopping season
From September 26 to 28, online retailers experienced approximately a 26 per cent increase in sales compared to the previous year, amounting to around Rs 26,500 crore
 "Flipkart, Amazon eye 20-25% sales growth during festive shopping season")
Max Estate nets Rs 4,100 crore in pre-sales from maiden Gurugram project
Launched on August 27 this year, Estate 360 is located on Dwarka Expressway in Sector 36A
 "Max Estate nets Rs 4,100 crore in pre-sales from maiden Gurugram project")
India's consumer durables market to be world's 4th largest by 2027: CII
On the quality front, Indian products are inching towards global reliability
 "India's consumer durables market to be world's 4th largest by 2027: CII")
India needs more time for transition from coal in its energy mix: Experts
According to the IEA, while coal consumption fell in Europe and the US in 2023, it rose by 8 per cent in India
 "India needs more time for transition from coal in its energy mix: Experts")
Housing prices in Delhi-NCR, Bengaluru jump 29% in July-Sept: Anarock
Hyderabad saw the maximum 32 per cent rise in prices to Rs 7,150 from Rs 5,400 per square feet
 "Housing prices in Delhi-NCR, Bengaluru jump 29% in July-Sept: Anarock")