Page 462 - Industry News

Online pharmacy players look for regulatory framework for industry

A division bench of the Madras HC has set aside an earlier order that disallowed them to engage in digital sale of medicines

GST suppliers giving discounts must ensure undertaking from client: CBIC

Currently, there is no mechanism to track whether the Input Tax Credit (ITC) on such discounts has been reversed or not

USFDA highlights quality concerns over drugs manufactured in India

USFDA launches QMM program to reduce drug shortages and improve supply chain issues

Airports need to review pricing strategies to increase profitability: Capa

India is the world's third largest domestic civil aviation market and air traffic is on the rise. Airlines increasing their fleet, operating more routes while airports also expanding their capacities

'$10 bn opportunity up for grabs in off patent drug market by 2029'

According to the pharma exports body, India has 748 US Food and Drug Administration approved manufacturing facilities

Govt likely to take 6 months for notifying new rules for Telecom Act

The DoT is also working on notifying many of the provisions of the Act which haven't come into effect as of yet

Sidbi bats for sustainable development of MSMEs; pilots several projects

Deputy Managing Director of Sidbi, Sudatta Mandal, said it has taken proactive steps to make the MSME eco-system green with several financial and non-financial engagements

CDSCO cracks whip on drug manufacturing units over quality lapses

Shuts down 36% of facilities for failing to meet quality standards

Pharma industry body mulling policy framework to guide cos on cybercrime

The Indian pharma companies are better off in terms of facing cyber-attacks now as compared to a few years ago

Copper demand to skyrocket with shift to clean energy sources: HCL CMD

By transitioning from fossil fuels to renewable energy sources like solar, wind, hydro, and geothermal, greenhouse gas emissions can be reduced significantly

Industrial sector in Rajasthan fears output slump after power cut order

The power department on Wednesday announced intermittent power cuts in industrial areas daily between 8pm and 3am

Boney Kapoor's consortium signs concession pact for Noida int'l film city

Bayview Projects had won the bid on January 31 with the offering of 18 per cent revenue share to the Uttar Pradesh government - the highest among four bidders

ESOPs by foreign cos to employees of India unit not to attract GST: CBIC

The clarification forms part of the 16 circulars issued by the Central Board of Indirect Taxes and Customs (CBIC), following the meeting of the GST Council on June 22

India embraces 24-hour retail, nighttime consumer spending soars by 60%

Data from Simpl's Checkout Scan shows a remarkable 60 per cent increase in total payment volumes for orders placed between 10 pm and 4 am over the past year

Rs 2,000-cr new terminal of Guwahati airport to open in Apr 2025: Official

The initial target to complete the terminal building, being developed at a total cost of over Rs 2,000 cr, was December 2024, but it got delayed by around 4 months due to a change in design, he said

Home sales in India cool down after two years on high base, rising prices

Home prices in major cities increased 7% in April-June compared to quarter before, according to Anarock data

Meity planning reboot of NPE; aims to revitalise electronics manufacturing

Meity has set up working group to frame finer contours of new policy

Negative one to zero: Can South Park Commons become India's Y-Combinator?

South Park Commons is a tech startup community and early stage venture fund

Spectrum auction ends on Day 2 with total Rs 11,340 cr bids, officials say

Volume limited as large part of spectrum already auctioned, says Scindia

Govt grants duty concessions for corn, vegetable oil imports under TRQ

India is the world's biggest importer of vegetable oils such as palm oil, soyoil and sunflower oil and the top producer of milk