Page 386 - Industry News

Office space absorption increases 31% in September quarter: Colliers

Bengaluru, Hyderabad led the pack, driving over half of the quarterly space uptake in Q3 2024

High natural rubber prices to impact profitability of tyre makers: CRISIL

The domestic prices of natural rubber closed in August at Rs 238 per kg on average, way above the trend in the past decade, it added

India doing well in infra; needs to do more to boost manufacturing: Rajan

The Modi government's flagship initiative 'Make in India' was launched 10 years ago on September 25, 2014

Coal India arm BCCL books 2.40 million tonnes coking coal for steel sector

BCCL CMD Samiran Dutta said efforts to make the auction process more inclusive and transparent have paid off significantly

Gross office space leasing up 31% in Jul-Sept across top 6 cities: Colliers

Bengaluru and Hyderabad accounted for over half of the leasing activity during this period

Urban India likely to spend Rs 1.85 trillion during festive sales: Survey

70% of urban Indian household surveyed likely to use stores and market for shopping

PLI scheme: 50 units to be set up for pharma, medical device manufacturing

The PLI schemes in the pharma and meditech sectors have been a roaring success

Ficci furniture mission explores collaboration with Singapore businesses

In 2023, Ficci signed a Memorandum of Understanding (MoU) with SFIC to enhance bilateral trade in the furniture and lifestyle sectors

Palm oil loses position as world's cheapest edible oil as output shrinks

Key users such as cookie makers, restaurants and hotels in India are unlikely to look for substitutes immediately, even as some household consumption of palm oil may shift to its rivals

Housing sales down 11% in Jul-Sept, avg prices up 23% in 7 cities: Anarock

Anarock Chairman Anuj Puri said, All the top cities individually recorded a dip in housing sales

Telcos can't opt out of new service authorisation regime: Trai chairman

Consultation paper on satellite spectrum to be launched in next few days, Chairman says

Ship-building clusters to come up in 5 states, says Sarbananda Sonowal

Jawaharlal Nehru Port Authority (JNPA) alone will scale up its handling capacity from the current 6.6 million TEUs to 10 million, he added

PLI investment in mobiles, production surpasses target: IT secretary

The government had set a target of Rs 7,000 crore cumulative investment during the five-year scheme period and Rs 5,488 crore till 2023-24, according to official data

Dairy sensitive sector, no plans to give duty concessions under FTA: Goyal

With Australia also, he said, the sector was discussed but India clearly conveyed the sensitivities involved in this area

Predatory pricing, deep discounting by Q-Commerce to impact brands: AICPDF

Recently DPIIT, which comes under the commerce and industry ministry, has referred a complaint of alleged unfair business practices against quick commerce players to the Competition Commission

Multiplex Association defends dynamic ticket pricing, ATP in 2023 at Rs 130

The Multiplex Association of India (MAI) represents 11 cinema chains like PVR-INOX, operating around 75 per cent of the multiplex industry of India

Govt's policy flip-flops on imports of gadgets raises biz uncertainty: GTRI

After the industry flagged concerns over the curbs, the government in October last year rolled out an import management/ authorisation for imports of these products

India's manufacturing incentives progress amid efforts to cut China imports

Incentives have resulted in production worth about Rs 11 trillion ($131.6 billion) and nearly one million jobs over four years, Amardeep Singh Bhatia said

Need to instill fear of harsh penalties in minds of illicit traders: MoS

The illicit market in these five categories has expanded faster in rural India, especially among the growing classes of middle- and lower-income groups, a FICCI CASCADE report said

Centre asks Tamil Nadu govt to resolve Samsung workers' strike: Report

Samsung has defended its wages, saying its workers at the Tamil Nadu plant are paid almost twice as much as employees in nearby companies