Page 484 - Industry News

'Telcos will pay GST along with instalments towards spectrum charges'

The Department of Telecom (DoT) will hold the next round of spectrum auction on June 6 for eight spectrum bands meant for mobile phone services

Gems, jewellery and textiles sectors seek sops from Rajasthan govt

According to the trade body, in April 2024, exports saw a decline of over 5.3 per cent to around Rs 18,832 crore, while in April last year, exports were more than Rs 19,892 crore

Drugmakers to see FY25 revenue boost in key US market: India Ratings

The world's largest drug market is facing decade-high drug shortages, the research firm said in a note citing data from with Utah Drug Information Service

Electronics firms seek Rs 35,000 crore PLI support to boost manufacturing

ICEA said the scheme would increase domestic value addition, especially in mobile phone manufacturing, from the current 18 per cent to 35-40 per cent, to support the growing demand

State-owned companies outperform pvt firms, here's why it's a problem

State firms have done better than India's benchmark Sensex index for three years straight, and look likely to do so again this year

Govt directs telecom industry to block incoming international spoofed calls

DoT said that it has been reported that fraudsters are making international spoofed calls displaying Indian mobile numbers to Indian citizens and committing cyber-crime and financial frauds

Centre targets Rs 10,000 crore from monetisation of ports in FY25

Looks to monetise assets worth Rs 10,000 crore in FY25

Lack of remunerative rates, policy changes tether ethanol blending

India's ambitious plans for an agri-derived ethanol-fuelled transport sector rest on the twin pillars of remunerative rates and agricultural yields

Can Google make India a hub for mobile phone assembly like Apple?

Apple Inc sold more than 7.5 million iPhones in India last year, according to estimates

Statsguru: Rising summer temperatures push power demand in India

Increased use of cooling equipment during heatwaves is said to be a key reason, although only around a quarter of households own air conditioners or air coolers in India

CCI extends deadline of bidding for AI impact research to June 28

In a set of clarifications, the Competition Commission of India (CCI) said bids cannot be submitted through a consortium or a joint venture

'Domestic airfares on northward trajectory; still among lowest globally'

CAPA India noted that adjusted to inflation, the average fare of Rs 4,989 in FY2004 rose to around Rs 11,000 in FY2020

Assam small tea growers face uncertainty as factories to stop production

The Assam Bought Leaf Tea Manufacturers Association (ABLTMA) had announced shutting down its factories from June one as it is not possible to produce FSSAI-compliant teas from untested green leaves

New supply of homes fall 38% across top 8 cities in Jan-Mar: PropEquity

esh supply of homes, up to Rs 60 lakh each, stood at 33,420 units during January-March 2024 across top eight cities, as against 53,818 units in the year-ago period

Summer travel rises 40% this year, travel sector see buoyant demand

According to MakeMyTrip's summer travel trends, the family travel segment has grown by 20 per cent this year, as compared to the summer of 2023

Brazil, EU urge India for timely notifications on sugar subsidies at WTO

These countries are also major sugar exporters like India and they allege that support measures by India distort global sugar trade

WIPO concludes treaty to protect genetic resources, traditional knowledge

Treaty will provide additional protection for Indian genetic resources and traditional knowledge. Although these are currently protected within India, they are prone to misappropriation in countries

DoT identifies property assets of BSNL and MTNL for 'outright sale'

The government has listed over 100 properties of MTNL for outright sale through an auction process

Indian startup ecosystem mature, set to bolster economy: AWS' Raghavan

Raghavan lauded the maturity of the Indian startup ecosystem, noting the significant contributions of experienced founders who have embarked on multiple entrepreneurial ventures

Median salary of Indian unicorn founders rises to Rs 1.5 cr overall in FY23

Female founders had a median salary of Rs 1 cr, while their male counterparts earned a median of Rs 1.8 cr: Study