Page 436 - Industry News
Advertising, not pay model, likely to drive revenue for video business
Growth of online video depends on ability to attract audiences looking for free video, says Omdia research
 "Advertising, not pay model, likely to drive revenue for video business")
M&A wave set to wash over South cement market, say industry experts
UltraTech's buy is latest in four deals southern market has seen in less than a year, with Adani Cement being the other buyer. These deals combined, industry experts say, could spur consolidation
 "M&A wave set to wash over South cement market, say industry experts")
New wastage norms for gold, silver jewellery exports on hold till August 31
The decision was taken on the request of Gems and Jewellery Export Promotion Council (GJEPC), DGFT said in a public notice
 "New wastage norms for gold, silver jewellery exports on hold till August 31")
Airlines sensitised to exercise moderation in pricing of air tickets: Govt
MoS for Civil Aviation Murlidhar Mohol said ministry holds consultation with airlines and representatives are advised to self-regulate and keep passengers' interest in mind while fixing airfares
 "Airlines sensitised to exercise moderation in pricing of air tickets: Govt")
Power Grid planning Rs 40,000 cr undersea interconnection with Middle East
A high voltage direct current cable will go from the seabed with a capacity of up to 2,500 MW, he said, adding that it will cost Rs 35,000-40,000 cr and will take up to six years to complete
 "Power Grid planning Rs 40,000 cr undersea interconnection with Middle East")
Govt plans to operationalise Car Nicobar, 11 other airports under UDAN
Currently, 579 routes connecting 85 airports -- including 13 heliports and 2 water aerodromes -- have been operationalised under the UDAN
 "Govt plans to operationalise Car Nicobar, 11 other airports under UDAN")
Domestic airlines reported 427 technical faults in aircraft this year: Govt
During the period from January 2024 till July 19, as many as 268 flights of scheduled passenger airlines were cancelled
 "Domestic airlines reported 427 technical faults in aircraft this year: Govt")
Rajasthan govt to form a three-member panel to control industrial pollution
The industry contributes around 24 per cent of the state's gross domestic product, lower than agriculture (27 per cent) and services (41 per cent) to the state's GDP besides other small sectors
 "Rajasthan govt to form a three-member panel to control industrial pollution")
India has potential to export 15 mn tonnes coal to its neighbours: Study
India has a potential to export 15 million tonnes of coal to its neighbouring countries like Nepal and Bangladesh, according to a study.
 "India has potential to export 15 mn tonnes coal to its neighbours: Study")
White Matter Advisory acquires 90% stakes in fintech startup Fairexpay
The integration of Fairexpay's capabilities is expected to provide White Matter Advisory with a competitive edge in the cross-border remittance and fund collection market
 "White Matter Advisory acquires 90% stakes in fintech startup Fairexpay")
No plan to mandate blending of ethanol with diesel: Hardeep Singh Puri
Elaborating further, he said reason is that oil marketing companies have tested up to 7 per cent of ethanol in diesel in collaboration with Automotive Research Association of India
 "No plan to mandate blending of ethanol with diesel: Hardeep Singh Puri")
India's power generation capacity rose to 4.46 GW in last decade: Govt
In a reply to Rajya Sabha, Union Minister of State for Power Shripad Naik, said installed capacity of coal-based power has increased from 1,39,663 MW in March 2014 to 2,10,969 MW in June 2024
 "India's power generation capacity rose to 4.46 GW in last decade: Govt")
Employer-employee hiring expectations gap continues to grow: Report
Report found that most employees are open to new careers and job roles in 2024 compared to last year
 "Employer-employee hiring expectations gap continues to grow: Report")
Indians now hold 10-13% of leadership spots in global capability centres
India's 1,600 global capability centres (GCCs) currently employ about 5,000 Indian professionals in global roles, a number expected to reach 30,000 by 2025
 "Indians now hold 10-13% of leadership spots in global capability centres")
Govt considers reintroducing 15% concessional corporate tax in FY26 Budget
The Centre has set up an internal committee to evaluate the benefits of the 15% concessional tax rate scheme for new domestic manufacturing units, introduced in FY20
 "Govt considers reintroducing 15% concessional corporate tax in FY26 Budget")
Billionaire battle heats up as Adani challenges Birla in cement space
The clash of titans is likely to intensify as the deep-pocketed tycoons seek to dominate supplies of a building material that is critical to sustaining India's infrastructure boom
 "Billionaire battle heats up as Adani challenges Birla in cement space")
WTO accepts India's request to delay import duty dispute ruling till Oct
The issue came up during a meeting of the dispute settlement body (DSB) in Geneva on July 26
 "WTO accepts India's request to delay import duty dispute ruling till Oct")
DoT plans to update trade codes for telco gear for better tracking
Trai wants HSN codes updated to better identify products & trade
 "DoT plans to update trade codes for telco gear for better tracking")
DLF's growth potential anchors market confidence, brick by brick
Constructing value: With fortified finances, real estate major builds on sector consolidation
 "DLF's growth potential anchors market confidence, brick by brick")
'DGMS focuses on safety amid increase in commercial coal mine auctions'
The Directorate General of Mines Safety (DGMS) emphasises ensuring adherence to safety norms among new players