Page 489 - Industry News

Road rage on deal street: Changing landscape of highway construction biz

$11.3 billion worth of highways have changed hands since 2019, and road construction has moved out of the isolated universe of thekedars to embrace fund managers in fine suits

Govt working to help exporters deal with countervailing duty cases

The exercise is important as countervailing or anti-subsidy duties were imposed on certain domestic units by the US and European Union (EU)

'Govt needs Rs 4.2 trn to connect 240 mn households with broadband'

According to the break-up provided by him, fibre deployment will need investments in the range of Rs 2.7-3 lakh crore, passive infrastructure Rs 90,000-96,000 crore

Indian senior living market has potential to touch $12 bn by 2030: Report

Rise in median age and ageing population to fuel increase in demand for senior housing

Ola CEO Aggarwal shuns Microsoft, says India needs its own tech platforms

Boycotting Microsoft, Aggarwal said Ola -- an existing customer of Microsoft Azure -- will no longer avail of its services, and will shift its entire workload to its homegrown Krutrim cloud in a week

India, Iran sign pact for long-term operation of terminal at Chabahar Port

Sonowal added that the signing of this contract will have a multiplier effect on the viability and visibility of Chabahar port

Singapore airport retailer to run duty-free stores at Noida airport

Heinemann will run duty-free stores at Noida International Airport, while BWC Forwarders will manage domestic retail and international duty-paid retail

Sugar in cereals, pesticides in spices; why we struggle to keep food safe

Sugar in baby food is a different challenge, one that has its roots in activist shareholders' demands of a vote on the health impact of Nestle products worldwide

Air India's international cargo business takes wings, not so for IndiGo

Latter's narrowbody aircraft do not offer adequate space

Despite India's renewables push, it's fossil, fossil burning bright

With a record hot summer and with unprecedented weather events feared this year, India's grid operators are falling back on coal

Public procurement norms: Govt may hike local content requirement

Former industry secretary Ajay Dua said that over time, the minimum threshold had to be increased to promote local industries and increase the contribution of manufacturing to GDP

FMCG firms expect volume-led growth in FY25 with improvement in revenue

Companies such as Britannia, Marico, Dabur, GCPL and HUL in their latest March quarter earnings also expect a revenue growth in the new financial year as the deflationary cycle is over

Modi govt working to restart 14 sugar mills that were closed: Bihar Dy CM

Choudhary alleged that Rashtriya Janata Dal (RJD) supremo Lalu Yadav was only bothered about his family

Space industry offers good opportunity for private players: Isro chief

He said the union government envisages the space sector in the country to become a 9 to10 billion dollar industry in the next 5-10 years from the current levels of 2 billion dollars

Next round of talks for India-Asean trade agreement review in July

It has finalised its terms of reference and the negotiating structure for the review in its first two meetings and initiated talks for review from its third meeting, which was held on February 18-19

Not in 'rat race' to be top builder in terms of sale bookings: Macrotech MD

We want to achieve consistent growth. Consistent growth and predictable growth with low leverage is very important and that is our business model, Lodha said in an interview with PTI

Label claims on packaged food could be misleading, ICMR warns consumers

In its recently issued dietary guidelines, the Indian Council of Medical Research (ICMR) said health claims on packaged food are designed to catch the consumer attention

Evaluation of infra needs for $1 tn exports by Aug-Sep: Official

In 2023-24, India's merchandise exports dipped by over 3 per cent to $ 437 billion. Imports during the last fiscal dipped by 5.7 per cent to $ 675.4 billion

Large PSUs spend Rs 50,200 crore in capex in April FY25, says official

"The capex spending will pick up going forward. Also, the numbers for April are still provisional and will go up in the revised final numbers," the official told PTI

India's coal import surges 8% to 268 MT in FY24 due to rise in power demand

Coal import in March FY24 also rose to 23.96 MT, over 21.12 MT in the corresponding month of the previous fiscal