Page 407 - Industry News

EVs can maintain cost without subsidies but won't oppose incentive: Gadkari

Elaborating his views, he said at one point the price of the lithium ion battery was USD 150 per kilowatt hour. Now it is something USD 108 to 110 per kilowatt hour

Online gaming industry eyes relief as stakeholders await GST Council review

GST Council Meet: The gaming industry is hopeful that the meeting will address concerns over issues such as valuation, retrospective tax levies, and the impact of the new tax regime

Electric Mobility Promotion Scheme 2024 to be extended: HD Kumaraswamy

The Electric Mobility Promotion Scheme, launched in April, was extended till September 30

India's GCC boom: Fortune 500, mid-sized firms expand with new operations

In the past eight months, several mid-sized GCCs with 1,000-2,000 employees have launched in India, joining larger firms with 10,000-15,000 staff handling diverse functions

Slight improvement, but airlines continue to struggle with punctuality

SpiceJet, which has been dealing with major financial difficulties, was at the bottom of the chart, recording an average daily OTP of just 49.85 per cent, as per the ministry's data

Fab toolmakers eye India; Applied Materials considers manufacturing unit

If sources are to be believed, the firm may be looking at Tamil Nadu for its ambitious plans

New liner service to connect Jeddah Port to India's Mundra, Nhava Sheva

According to a company statement, the services will strengthen trade ties by facilitating the movement of consumer cargo from India and products from Saudi Arabia, including petrochemicals

Like-minded nations partnering with India to make it chip hub: Krishnan

According to Semi, there will be more than 650 booths and over 250 semiconductor companies at Semicon India

378 housing projects with 146,000 units stalled in 5 UP cities: PropEquity

In this new vertical, PropEquity expects to generate a revenue of Rs 12 crore and gain subscribers upwards of 10,000 by September 2025

App-first Gen Z scripting big shifts in consumption trends: Bernstein

Brands are seeking a deeper connection with this digitally-native, app-first generation that 'swipes up' for practically everything from social media to ride-hailing and food delivery

New code for medical devices mandates complaint decisions within 90 days

This comes as the central government on Friday notified the UCMPMD 2024 in a move to regulate unethical marketing practices in the medical devices industry

Domestic formulations biz expected to grow 9-10% over next decade: Glenmark

The domestic formulations market is estimated to be at Rs 2 trillion, with a growth rate of 11 per cent over the past two decades

GST Council to deliberate on taxation of insurance premium, online gaming

The deliberations will also happen with regard to the goods and services tax (GST) cut on life insurance premium

Raipur BJP MP seeks govt intervention for rollback of hike in cement prices

Brijmohan Agrawal said the sudden increase in the cement prices by Rs 50 per sack would affect infrastructure projects, including roads, buildings, bridges, schools, colleges and others

Govt notifies uniform marketing code for medical devices industry

Department of Pharmaceuticals (DoP) has asked the medical devices association to prohibit organising workshops abroad for healthcare professionals or offering them hotel stays

CAMPCO warns against misuse of membership cards to sell spurious areca nuts

CAMPCO has stated that some traders, who have established good relationships with farmers, are misusing membership cards

FAME-III likely to see vehicles sporting government subsidy branding

Move aims to highlight Centre's electric mobility schemes and ensure greater transparency

Protests take a bite out of retail, F&B businesses ahead of Durga Puja

West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver

Investment worth $30 billion likely in semiconductor space in 4 years

This is about 6% of new investment in the sector globally

India emerges as second-largest global 5G smartphone market, overtakes US

China leads the global 5G smartphone market with a 32 per cent share, followed by India with 13 per cent, while the US has dropped to third place with 10 per cent