Page 450 - Industry News

IGI Airport Police arrests 108 agents in incidents of visa, passport fraud

Arrests have been made nationwide, including in Punjab, Gujarat, Haryana, Maharashtra, and West Bengal

India's tech sector needs 1 mn high-tech engineers as economy expands

India's $250 billion tech sector plays an important role in the economy, employing about 5.4 million people

Retail space demand in malls rises 15% in April-June: Cushman & Wakefield

Data showed that the demand for retail space on major high streets across these eight major cities increased 4 per cent annually

European carbon removal specialists to support new projects in India

Indian projects are expected to focus on biochar - charcoal produced from burning organic matter - as well as "enhanced weathering", where materials like basalt are spread across land to absorb CO2

Indian box office roars to life, grossing Rs 5,053 cr in 2024 first half

The media is awash with reports of a tough 2024. Is there an unseen problem?

New harbour of hope: Country's first transshipment port sets sail

Adani Group's Vizhinjam International Seaport, the country's first semi-automated container port, is poised to receive its first container vessel from Maersk

As bridges collapse; tendering, design and climate resilience questioned

Road ministry officials say central bridge projects perform better than state ones due to stricter checks and balances

Own Account Enterprises rose by 6.5 mn between 2010 and 2023: NSO data

Contrarily, total number of workers employed by OAEs declined by 1.81 million to 67.95 million in this period

BPCL ready to invest Rs 1 trn in Andhra Pradesh: Industries minister Bharat

After 90 days, the minister noted that BPCL delegation will meet the CM again to decide the location of the oil refinery

Can Bajaj's CNG bike Freedom 125 revolutionise the two-wheeler market?

Can Bajaj's CNG bike disrupt the 12 million units a year motorcycle market?

From 68k crore, trade deficit in telecom has dropped to 4k cr: Scindia

Telecom gear sales crossed Rs 50,000 crore, exports at Rs. 10,500 under PLI, DoT said

GoM to decide on lifting export ban on certain non-basmati rice: Goyal

The Centre has banned exports of non-basmati white rice since July 20, 2023, to boost domestic supply

India generated 125 million jobs between FY14 & FY23, says SBI Report

Besides, the report also noted that the total employment reported by micro, small and medium enterprises (MSMEs) registered with the MSME Ministry has crossed 200 million

Odisha govt approves 26 investment projects worth Rs 5,992.92 crore

The proposal of Shyamshakti Metals Pvt Ltd to establish a structural and pipe manufacturing unit in Rengali, Sambalpur, with an investment of Rs 650 crore also got the approval of the government

Exporters conscious of quality, spice shipment issues miniscule: Goyal

He said that the consignments that had some problem were miniscule compared to India's USD 56 billion worth of food and related product exports

Indians travelled close to 1,000 cities across world: Uber app usage data

Indians have been breaking all travel records over the past couple of years, according to Prabhjeet Singh, President, Uber India and South Asia

Electronics manufacturing offers MSMEs huge opportunity to succeed: IT secy

"There is a huge requirement for components and that component requirement is where I think MSMEs have a huge role to play and need to come into play, in a significant way," he said

EMPS 2024: OEMs can claim incentives twice a month, Aadhaar mandatory

EMPS, which replaced FAME, struggles to take off, just 3.6% target met

Bengaluru office stock to reach 330-340 msf by 2030: CII-CBRE

In Bengaluru, the technology sector accounts for 30-35 per cent of annual absorption, primarily in the commercial hubs of Outer Ring Road (ORR) and Whitefield

Expecting 30-40 mn monthly transactions by March 2025: ONDC CEO Koshy

He further said the ONDC platform has 5-6 lakh merchants onboard with the number expected to rise significantly in the coming months