Page 475 - Industry News

Tech sector will emerge as centre of massive investments: Picus Capital

The production-linked incentive (PLI) scheme tailored for hearables and wearables has the potential to play a pivotal role in realising the government's ambitious export targets

LS polls: The X factors in Mamata Banerjee-led TMC's march in West Bengal

The men were sure to vote for the saffron party. But the women at home?

'Food industry should be responsible; returned goods tarnish reputation'

Addressing a FICCI 'FOODWORLD India 2024', she asked the industry to supply top-quality products in domestic and overseas markets by meeting international quality standards

DoT begins baseline survey for MSME; focuses on digital evolution via 5G

Aims to identify manufacturing sectors readiness for AI, 5G and advanced tech

Domestic air traffic expected to rise 6-8% to 164 mn in FY25: Report

Aviation advisory firm CAPA India in a report on Wednesday said international air traffic is projected to jump 9-11 per cent to 75 to 78 million in the fiscal ending March 2025

MeitY will continue momentum in new govt by building on past legacies: Secy

Secretary Krishnan also stressed the need for innovators to develop their own intellectual property (IP) in technology products in India

Have stopped hiring pilots as there is sufficient strength: Akasa Air CEO

In September last year, Akasa Air was forced to cancel about 24 daily flights as around 43 pilots abruptly resigned to join rival carriers without serving their mandatory notice periods

Peak power demand bounces back to nearly 241 GW on Tuesday after 2 days

The government data showed that the peak power demand touched an all-time high of 250 GW on May 31, 2024, breaking the previous record of 243.27 GW in September 2023

Ministry of steel bets against limiting imports of key raw material

Imports of low ash metallurgical coke by India, the world's second-biggest crude steel producer, have surged more than 61% over the past four years

Govt studying 300 airstrips to develop brownfield airports: Aviation secy

To meet the growing demand in the country's air travel market, Indian carriers have made four huge aircraft orders since last year

China may impose similar regulations for WeChat as India's UPI rules

Google Pay, PhonePe, and Paytm controls over 90 per cent of UPI transaction volume and value in India

New Govt to build on tech accomplishments, more plans ahead: IT secretary

The Ministry of Electronics and Information Technology (Meity) will push ahead with its agenda, he said asserting that it will build on past successes and take them forward

India aviation industry losses to widen to $400-600 mn in FY25: CAPA India

Despite infrastructure limitations, India is currently the world's fastest-growing aviation market with demand surpassing the supply of jets

Govt to develop more airstrips, calibrate airport rules, says official

India is one of the fastest growing civil aviation markets in the world, with domestic air traffic on the rise and airlines expanding their fleet as well as operations

Spectrum auction postponed by 20 days, now scheduled for June 25: DoT

This is the second rescheduling of the auction, after it was pushed back from May 20 to June 6

Industry pins hope on support for deep-tech, digital, AI from new govt

Given past impetus on technology-led development, the momentum on digital payments, tech-based startups, entrepreneurship and innovation could continue, despite the likely return of coalition politics

Telecom dept defers live auction of eight spectrum bands to June 25

All the available spectrum in the 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz bands are part of the auction

Remove claim of '100% fruit juice' from labels, ads: FSSAI directs FBOs

The regulation states that the word "reconstituted" must be mentioned against the name of the juice that is reconstituted from the concentrate

Two-wheeler sales dip in May due to weak wedding season; exports rise

Going against the trend, TVS reported that its two-wheeler sales registered a growth of 7 per cent, increasing from 252,690 units last May to 271,140 units in May 2024

FSSAI asks food biz to remove claim of 100% fruit juice from packet labels

Upon thorough examination, FSSAI has concluded that, according to the Food Safety and Standards (Advertising and Claims) Regulations, 2018, there is no provision for making a '100%' claim