Page 432 - Industry News

Trai issued norms without much change in challenges faced by telcos: COAI

The regulator has introduced a graded penalty system of Rs 1 lakh, Rs 2 lakh, Rs 5 lakh and Rs 10 lakh for different scales of rule violations and submitting false report under revised regulations

FinMin asks state-owned general insurers to focus on profitable businesses

Public sector general insurance companies are undergoing various reforms, including organisational restructuring, product rationalisation, cost rationalisation and digitalisation

India leads global VFX industry with rich history, cutting-edge technology

History and tech power have ensured India remains at the forefront of the global visual effects business

Spending on outbound tourism to rise 11%, reaching $55 bn in 2034: Report

The 'Navigating Horizons' report jointly prepared by Nangia NXT and Ficci said packaged tours still dominate the outbound market in India

Need framework promoting clean tech that replaces ICE cars: MSI Chairman

"Some believe that your company has been slow to manufacture electric vehicles. We decided to adopt a more diversified approach to meeting national objectives

Rise in construction activities to propel cement demand by 7-8%: UltraTech

This demand surge will translate into an increase in capacity utilisation of the industry to 72 per cent in FY25

After record profits, state-owned fuel retailers see profit slump in Q1

The three fuel retailers made extraordinary gains from holding petrol and diesel prices despite a drop in cost

Tata Electronics Assam chip plant to be operational in 2025: Chandrasekaran

Union Minister for Electronics and IT Ashwini Vaishnaw, expressing optimism about the project, said that the construction of the Assam plant will boost the overall ecosystem in the region

Rajasthan Cabinet approves setting up four joint ventures in energy sector

Apart from setting up joint ventures for renewable and thermal power projects and power transmission projects, the Cabinet also cleared the formation of an infrastructure investment trust

Tata's Assam plant to make 48.3 mn chips per day with native tech: Vaishnaw

The minister said that the chips manufactured at the Tata plant will be used in vehicles including electric vehicles, and practically every large company will be using their chips

Global capability centre industry to boost job creation in India: Report

A majority of 78 per cent foresee GCCs as catalysts for creating new job opportunities, particularly benefiting gig workers and the temporary workforce in India

Assam CM lauds PM, Tata Sons for Rs 27,000 cr semiconductor plant

The chief minister assured the Chairman of Tata Sons Limited N Chandrasekaran that the company will face no difficulty in setting up this industry and the people of Assam will always be grateful

BSNL subscribers on rise, homegrown 4G network ready: Jyotiraditya Scindia

We will install 80,000 towers by the end of October and the remaining 21,000 by March next year, which means one lakh towers of 4G network will be installed by March 2025, he added

Broadcast Bill threatens independence of press, curbs free speech: Congress

Party leader Pawan Khera said the proposed Broadcasting Services (Regulation) Bill will pave the way for 'excessive surveillance' in online world

Why are India's consumer durable makers locked in intense warranty war?

Brands are offering warranties on washing machines and dishwasher motors for up to 20 years, which are being marketed as 'lifetime' guarantees

Assam CM Sarma to perform Bhumi Pujan of semiconductor plant at Jagiroad

The Tata semiconductor assembly and test facility will be India's first semiconductor assembly and test facility

Resolutions under Insolvency and Bankruptcy Code highest in FY24: Crisil

Recovery for financial creditors, however, declined to 27% compared to 36% in FY23

Electronics industry needs to share production data: Meity official

We don't have any kinds of production data, that's very important, when we formulate policy, we need to know how much we are producing and what we are producing

Travel tales: Airlines line up flights as Saudi woos Indian tourists

India has added 443,000 seats in CY2024, according to OAG, an aviation research agency

GenAI can transform learning significantly: NIIT Learning Systems CEO

For NIIT Learning Systems, the overall macro uncertainty has created more outsourcing opportunities, but it has impacted the deal closure time