Page 384 - Industry News

Death of EY employee raises questions about work-life balance in India Inc

India Inc's global ambitions are adding to the stress. Employees work with partners, associates or clients in different time zones - the US, Europe, Australia, et al

Govt plans to liberalise procurement rules for new, innovative products

Investments under PLI may hit Rs 2 trillion by next year, says Piyush Goyal

Investments in sectors under PLI schemes may hit Rs 2 trn in coming years

In the meeting, Goyal urged the Indian industry to focus on prioritising the production of high-quality goods to promote Brand India through sustainable practices

Why India's easing of export curbs is important to global rice trade

India's exports were bigger than the combined shipments of the world's next four biggest exporters: Thailand, Vietnam, Pakistan and the United States

India leads on world AI stage in talent and domain skills: Nasscom chief

Citing the transformative impact of AI, chief said India will continue to be the place where companies look for talent that helps them

ASUS bets on aggressive retail expansion to become India's top PC brand

ASUS has already tripled its market share in India from 6.3 per cent in 2017 to 17.8 per cent in 2023

IBA expects to attract Rs 1,600 cr investment for biogas sector at REI 2024

The association is confident that the expo will generate significant momentum for the biogas industry

Regulatory, policy reforms crucial for future of India's pharma R&D: Report

It acknowledged that India's pharmaceutical ecosystem is transforming significantly, supported by comprehensive regulatory and policy reforms to foster innovation and growth

I-T Act review: Govt to invite suggestions from industry next month

Another source said that the exercise is not to write a new tax law or a tax code

Goyal urges to use made in India goods to cut imports, boost manufacturing

Last month, the Union Cabinet approved setting up of 12 industrial smart cities including in Uttar Pradesh and Bihar, with an overall investment of Rs 28,602 crore

E-commerce firms witness huge jump in festive sales from towns, cities

Flipkart recorded 330 mn user visits during Early Access and Day 1 combined, during The Big Billion Days (TBBD) 2024 sale event. Another e-commerce firm Meesho said it achieved 100 per cent increase

Bengal exporters get relief as Centre lifts ban on non-basmati white rice

Earlier in the day, the government removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of $490 per tonne

India's iron ore output rises 7.4% to 116 million tonnes in April-August

In the non-ferrous metal sector, primary aluminium production rose to 17.49 lakh tonnes (LT) during April-August from 17.26 LT in the year-ago period

Most employees feel companies can do more to address mental health: Report

The report is based on a survey carriied out between August 5 and September 2, 2024, among 1,783 employees working across different sectors

India pledges Rs 47.4 cr for construction of 12 impactful projects in Nepal

Projects also include constructions of the Basepu-Hulu Water Supply Project in Solukhumbu, a building for the Agriculture Promotion Centre for Food Grain Collection and Distribution Centre in Bajura

Tamil Nadu plans supply park in Ranipet to meet Tata-JLR needs: TRB Rajaa

This Tata-JLR facility marks a new era for the industrial growth of Northern Tamil Nadu

India seeks 6K MW of peak renewable power supply with storage

India is looking to connect a record 35 gigawatts (GW) of solar and wind energy capacity to its grid

OMCs set to invest over Rs 2 trillion to meet India's growing oil demands

Projected capacity increases aim to address domestic energy needs and enhance global supply

Govt to launch another PLI scheme for speciality steel, says steel secy

The top ministry official made the remarks at CII Steel Summit 2024 in the national capital

Written contracts to maternity benefit: Job protection for women is eroding

Young EY employee's death sparks debate about workplace culture and conditions