Page 474 - Industry News

India is at an inflection point in technological innovation: Experts

The startup ecosystem, a key to India's technological innovation, must work in tandem with the three key functions - government, industry, and academia, said Sanjeev Gupta, KDEM

Demand-supply imbalance will help ARR growth, says Vikram Oberoi

The group plans to open two new hotels - The Oberoi Rajgarh with 65 keys and The Oberoi Vindyavilas wildlife resort in the Bandhavgarh region of Madhya Pradesh - in the ongoing financial year

Changing colours of succession: India Inc is learning to deal with GenNext

The key issues to be ironed out in succession are an unambiguous allocation of properties among legal heirs and the timeline for vesting of these properties

Deal activity dips 3% to $5 bn in May, merger and acquisitions down 58%

From a volume perspective, the overall number declined 22 per cent to 137, the report by the consultancy firm Grant Thornton Bharat said

Trai issues consultation paper for revising national numbering plan

With a tele-density of 85.69 percent as of March 31, 2024, the regulator expects the current total of 1,199.28 million telephone subscribers to continue rising

DoT's 100-day agenda intact: Crackdown on rising spam calls, text messages

DoT is also preparing terms of reference for allocation of satellite spectrum

British Airways to start New Delhi-London daily flight from April 20

Currently, the carrier operates 56 weekly flights to India. These include daily services from Chennai, Bengaluru and Hyderabad

Monthly natural gas trades shoot up 480% in May: Indian Gas Exchange

Higher demand from gas-based power plants amid hot weather fuelled the rise

Proptech firms garner investment of $4.6 bn in the last 14 years: Report

The shared economy and construction technology segments have emerged as leaders in the proptech space, capturing 55 per cent and 23 per cent of private investments in FY24, respectively

AC sales may touch new record of 14 mn units by end of 2024: CEAMA

The Indian AC market is also evolving helped by energy-efficient models that are suitable across income brackets and by investment by the companies in indigenous manufacturing units of components

India unveils $500 bn investment opportunities in clean energy by 2030

This was stated by Commerce Secretary Sunil Barthwal, who is in Singapore for the two-day meet of the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum

Selling time for unsold real estate inventory down by nearly one-third: JLL

The consultancy released the findings based on an analysis of seven cities -- Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata -- over the last eight quarters

UP to acquire 760 hectares for Japanese, South Korean cities in Noida

Nodal agency Yamuna Expressway Industrial Development Authority (YEIDA) will acquire land in Gautam Buddha Nagar district for the proposed Japanese and South Korean industrial cities

India plans new shipping firm to expand fleet by 1,000 ships in next decade

Indian companies paid freight costs of $85 billion in the financial year 2019/20, of which $75 billion was paid for use of foreign vessels

Food processing industry should focus on quality, says Anita Praveen

Addressing stakeholders, secretary said that the industry will have to stand for itself by building quality products, adding that ultra-processed food cannot become the cause of disease

Indian carriers divided on more bilateral rights to Gulf countries

Granting more rights to them would be equivalent to pulling rug from under our feet: Air India CEO

Environmental and financial benefits drive EV adoption in India: Study

According to a new study by leading insurer ICICI Lombard General Insurance, environmental benefits and reduced fuel costs are the top reasons for switching to EVs

Shortage of pilots, cabin crews 'far more serious' than visible: Capa India

Labour crisis likely to accentuate due to multiple issues, says aviation consultancy firm

'IT services export from STPI register unit crossed Rs 9 trillion in FY24'

While speaking at the 33rd Foundation Day of Software Technology Parks of India, Director General Arvind Gupta announced an initiative towards developing India's sovereign cloud journey

Job demand in renewable energy sector surges 23.7% in FY24: Report

The demand for roles is exceptionally high in tier II and III cities, where most renewable energy projects are located, it stated