Page 410 - Industry News

Govt, pvt sector should think of mid-term AI consequences: CEA Nageswaran

He said that labour should be treated as a resource and asset since it involves humans with emotions

Airlines' group IATA flags concerns over rise in airport charges in India

In India, tariffs for major airports are approved by the Airports Economic Regulatory Authority (AERA) and in recent times, charges at some airports have gone up

Govt approves Rs 10,900 cr PM E-DRIVE scheme to push electric mobility

Cabinet has approved the PM E-DRIVE scheme with an outlay of Rs 10,900 crore for two years to boost adoption of electric vehicles in India, replacing FAME programme that ran for nine years till March

Indian pharmaceutical market registers over 6% growth in August 2024

Sheetal Sapale, vice-president (commercial) at Pharmarack, said that new introductions and price growth have driven the market growth for the month of August 2024

Bharat Biotech, Alopexx partner to develop new broad-spectrum vaccine

Bharat Biotech, based in Genome Valley, Hyderabad, has a portfolio of vaccines and bio-therapeutics, including COVID-19 vaccines and novel vaccines for various infectious diseases

Centre to get Semicon 2.0 policy in place in next 3-4 months: Vaishnaw

Vaishnaw also said that under Semicon 2.0, an equal focus will be on ecosystem partners, equipment manufacturing, fabs, ATMPs, and other segments of the overall semiconductor ecosystem

Vedanta urges govt to talk with Japan, S Korea to end nickel sulphate duty

Vedanta and some smaller firms turn nickel ores imported primarily from Australia, Indonesia and Turkey into nickel sulphate before shipping it to South Korea, Japan and other countries

NXP Semiconductors to invest over $1 bn in India as it boosts R&D efforts

Chipmaking is still at nascent stage in India, but is crucial element of its economic strategy, with $10 bn incentive package allocated to bolster efforts to rival global chipmakers like Taiwan

Indian cos raise $6 bn from private credit in first-half 2024: EY report

Real estate, healthcare firms push private credit deals to record high

Efforts on to make India global aviation hub, build aircraft: KR Naidu

According to him, the government is looking at ways to boost indigenous production capabilities and also start manufacturing aircraft in the country

Govt to get Semicon 2.0 policy in place in 3-4 months: Ashwini Vaishnaw

Now we are formulating Semicon 2.0 which will be an expanded form of Semicon 1.0, which will take us 3-4 months to put it in place, Vaishnaw said

Dream to have an Indian-made chip in every device in the world: PM Modi

Speaking at the SEMICON 2024 conference on the outskirts of the national capital, the Prime Minister said the Covid pandemic showed the importance of the supply chain

MP govt to let NDDB operate cooperative dairies for 5 yrs; Cong opposes

CM Mohan Yadav said that there is a consensus on giving responsibility to the NDDB to increase the income of farmers and cattle keepers by making the state a leader in milk production

Climate change imminent, focus on areas like Green Hydrogen needed: PM Modi

Prime Minister Narendra Modi was of the view that energy transition and sustainability have become central to global policy discourse

India's own 4G stack to be rolled out by mid-2025: Scindia at AIMA event

Scindia, Minister of Communications, was delivering a keynote address at the 51st edition of the AIMA National Management Convention

Cabinet likely to approve new scheme for promoting electric vehicles

Scheme outlay expected to be Rs 10,900 cr, new name to be coined in place of 'FAME'

Trai urges DoT to encash Rs 115 cr from telcos for spam-related violations

The telecom regulator maintains that telcos are responsible for controlling unsolicited commercial communications under the Telecom Commercial Communications Customer Preference Regulations

DGCA details certification requirements for vertical take-off, landing

This circular has been issued after extensive interaction with all concerned stakeholders

Investors betting on India, Korea to fill gaps from US Biosecure Act

The Biosecure Act would restrict federally funded medical providers from contracting with a select group of Chinese biotech companies

CCI tightens oversight on digital mergers, mandates clearance for big deals

Digital mergers and acquisitions with at least 10 per cent of the global user base, gross merchandise value (GMV), or revenue in India now require approval from the Competition Commission of India