Page 486 - Industry News

Future of broadcasting: Rise of free-to-air channels is aiding growth of TV

Even as Pay TV declines, the rise of free-to-air channels is aiding growth of television in large parts of the country

Non-fintech online PAs: Firms may reconsider payment aggregator biz

This comes as Zomato Payments, the wholly owned subsidiary of food delivery platform Zomato, voluntarily surrendered the certificate of authorisation issued by the RBI

FAME-II guidelines clear and companies defaulted knowingly, says govt

The ministry has started the investigation in the cases of subsidy violation in April last year to probe procedural lapses and role of officers that led to the funds wrongly being disbursed

Fuelling change? M&M may consider hybrid tech shift if demand arises

Automaker puts EVs and ICE in the driver's seat amid hybrid emission concerns

Bengal could not be proactive to attract industry: FM Nirmala Sitharaman

Citing the example of the proposed semiconductor project in Assam, Sitharaman said that India's own big-ticket investment in chip manufacturing had gone to Assam, crossing Bengal

Zinc demand in India likely to double in next 5-10 years: Industry body

The demand for zinc in India depends largely on the growth of the steel market as zinc is mainly used to galvanise steel to protect it from corrosion

Commerce ministry holds discussions on formulating SOPs to negotiate FTAs

To discuss the various aspects of these agreements, the commerce ministry has organised a two-day 'Chintan Shivir' on FTA strategy and SOPs for trade negotiations on May 16-17

ITC Chairman Sanjiv Puri takes over as CII President, replaces R Dinesh

He is also the Chairman of ITC Infotech India Ltd, its subsidiaries in the UK and US, and Surya Nepal Private Ltd

FSSAI asks traders, not to use banned 'calcium carbide' for fruit ripening

'Calcium carbide, commonly used for ripening fruits like mangoes, releases acetylene gas, which contains harmful traces of arsenic and phosphorus

Most states out with draft rules under new labour codes: Labour Secy Dawra

Says states are making sure the industry does not have to face different rules while moving from one state to another

Nepal bans sale of 4 MDH, Everest spice-mix products over quality concerns

Last month, Singapore and Hong Kong halted sales of some spices produced by MDH and Everest over suspected elevated levels of ETO linked with some cancers

New govt may liberalise FDI norms for more sectors, says DPIIT Secy

Says industry should prepare itself for a low tariff regime in the long run

As spiritual tourism rises, hotels and resorts queue up to pay obeisance

As spiritual tourism rises, hotels and resorts queue up to pay obeisance with properties, aartis, meditation, and more

India, UAE conclude meeting on India Middle East Europe Economic Corridor

According to the Indian Embassy in Abu Dhabi press release, the IMEEC will provide effective alternate supply routes generating efficiencies and reducing costs

Ready to fund up to 50% of AI compute infra: Meity secy S Krishnan

In order to speed up the entire process, the idea is to partner with a variety of private institutions so that we are able to work with the private sector in making this capacity available quickly

Prafulla Dhariwal: From Pune prodigy to brain behind OpenAI GPT-4o

According to reports, his mother Alka was a teacher at an engineering college and taught fluid mechanics and his father, Sushil, holds a B Tech degree and owns a ceramics company

Now ICAI issues orders against seven domestic affiliate firms of PwC

In response to the order, Price Waterhouse and affiliates said that they were "disappointed"

Medical device companies get a three-month extension for licences

The step comes after several medical device associations and stakeholders had sent representations to the drug regulator, asking for an extension to adhere to the new licensing regulations

India to be power house for airline growth on travel eagerness: Report

Domestic travelling within large countries was the area first to recover, with its average already hitting pre-pandemic levels last year

Spice export may fall 40% if EtO contamination issue not resolved: FISS

In 2023-24, India's spice exports totalled $4.25 billion, accounting for 12 per cent share of global spice exports