Page 473 - Industry News

Global ambition takes wing, but challenges ahead for new aviation minister

The new minister must navigate conflicting demands while considering potential geopolitical ramifications

Modi 3.0: DPDP, sat spectrum norms, electronics PLI boost on cards

MeitY targets framing guidelines for Artificial intelligence, DoT zeroes on spectrum auction, war on spam

Indian GCCs turn digital twins of their HQs, lead in emerging tech like AI

For the US-based enterprise software company Planview, its India centre is not just a digital twin but a digital next generation

India's end-use energy consumption to grow 90% by 2050: Rosneft CEO

India's end-use energy consumption is set to grow by 90 per cent by 2050 -- one of the fastest growth rates in the world, Russian oil giant Rosneft CEO Igor Sechin said.

India Inc's top line struggled, but net profit rose 24.9% in FY24

High margins drive earnings; revenue growth at 4.8% slowest in 3 years

Akasa on path to profitability; will launch more int'l flights: Co-founder

In less than two years of taking to the skies, Akasa Air has a fleet of 24 planes and has more than 4,000 employees

IndiGo lands, Air India takes off on same runway at same time in Mumbai

ATC official de-rostered; DGCA, AAI probing the incident

India's aviation mkt growth needs to be matched with capacity: Emirates CCO

The airline has been pitching for enhanced bilateral rights between the two countries, which is currently at 65,000 seats per week, to operate at a higher capacity to meet the rising travel demand

Ahmedabad's average housing prices surge 45% in last 5 years: PropTiger

The average growth in housing price during January-March 2024 was 10 per cent from the year-ago period

Domestic open access solar capacity addition doubles in Jan-Mar: Mercom

Solar power through open access is an arrangement where a power producer establishes a solar power plant to supply green energy to consumers

'India a big market; good to have stronger Lufthansa-Air India partnership'

Air India and Lufthansa are part of the Star Alliance, whose 26 member airlines come together at more than 50 global hubs to offer smooth connections across a global network

Tech major Asus places big bets on India's personal computer market

The Taiwanese PC maker has seen positive growth in the Indian market

IndiGo aircraft lands before AI plane could take off at Mumbai airport

DGCA derosters air traffic control officer involved in the incident; starts probe

448 infra projects hit by cost overrun of over Rs 5.55 trn in April

However, the number of delayed projects decreased to 514 if the delay is calculated on the basis of the latest schedule of completion

SECI invites bids for annum supply of 539,000 metric tonnes green ammonia

Under the SIGHT Programme, MNRE has already allocated 4.12 lakh Metric Tonnes (MT)/annum of Green Hydrogen production capacity and 1.5 GW/ annum of Electrolyzer manufacturing capacity

CBIC clarifies on display assembly of phones for levy of 10% import duty

It said certain cases of misdeclaration by importers were intercepted by Directorate of Revenue Intelligence (DRI) and other field formations and demand notices were issued in certain cases as well

GSTN rolls out form for tobacco manufacturers to report inputs, outputs

This new form GST SRM-II came within a month of GSTN rolling out form GST SRM-I for registering machines of such manufacturers

Indian airport industry's profit expected to grow 35% in FY25: Consultancy

Major domestic airlines can become world class carriers, says senior executive of CAPA India

Delhi airport to increase peak runway capacity by 30% in 3 years: DIAL CEO

India's largest airport also plans to increase international passenger handling capacity by 50% in 12 months, he says

India-Pakistan World Cup clash could fetch $4,800 a second in ad spend

Multinationals like Emirates Group, Saudi Aramco, and Coca-Cola are among the firms sponsoring the month-long tournament