Page 500 - Industry News
Lot of people coming back to India to establish business: FM Sitharaman
According to her, reverse migration has started in which a lot of people, who have a global footprint, are finding businesses, professions and careers to be built in India
 "Lot of people coming back to India to establish business: FM Sitharaman")
Passenger footfall at Mumbai airport rises 16% to 52.8 million in FY24
The airport saw 26 million passengers on arrivals and 26.7 million on departures in FY24
 "Passenger footfall at Mumbai airport rises 16% to 52.8 million in FY24")
Copper demand to boom as new tech drives power consumption: Trafigura
Technological developments such as artificial intelligence and automation, and the energy transition, which includes electric vehicles and renewable energy
 "Copper demand to boom as new tech drives power consumption: Trafigura")
Indian businesses saw 235,472 ransomware incidents from Jan-Dec 2023
In 2023, India witnessed ransomware attacks against different organisations - a major healthcare institution, government departments, Indian telecom company, as well as power and utility company
 "Indian businesses saw 235,472 ransomware incidents from Jan-Dec 2023")
95% of Indian travellers interested in sustainable travel: Report
Booking.com's ninth Sustainable Travel Report 2024, is based on insights gathered from more than 31,000 travellers across 34 countries and territories, including 1,000 in India
 "95% of Indian travellers interested in sustainable travel: Report")
Domestic air traffic hits new single-day high; crosses 471,000 passengers
On April 21, the total number of domestic air passengers stood at 4,71,751 and the number of flights was 6,128, as per the data from the civil aviation ministry
 "Domestic air traffic hits new single-day high; crosses 471,000 passengers")
Over 50% internet users dissatisfied with data speeds, connectivity: Survey
An overwhelming 70 per cent of these users expressed the desire to switch service providers, the survey said
 "Over 50% internet users dissatisfied with data speeds, connectivity: Survey")
India's polished diamond exports decline by 27.5% as key markets falter
The fall in exports forced the world's biggest diamond polisher to reduce imports of rough diamonds by 18% from a year ago to $14.27 billion in the financial year ended March 31
 "India's polished diamond exports decline by 27.5% as key markets falter")
Uttar Pradesh govt scales up industrial land bank to 25,000 acres
The state also plans to set up mini-industrial clusters in the rural areas for boosting economic activities and creating jobs
 "Uttar Pradesh govt scales up industrial land bank to 25,000 acres")
Women representation in mfg sector to touch 40% by year-end: TeamLease
The surge in demand for women apprentices is primarily driven by the booming sectors of auto, Electric Vehicle (EV), electronics, and phone manufacturing
 "Women representation in mfg sector to touch 40% by year-end: TeamLease")
Automakers from GM to Volvo eye cuts as 2-way EV charging becomes real
For many years V2G remained largely theoretical, as the Nissan Leaf was the sole EV capable of it
 "Automakers from GM to Volvo eye cuts as 2-way EV charging becomes real")
'UN keen on furthering MDB reforms initiated during India's G20 Presidency'
The ambitious Summit of the Future is scheduled to be held in September this year during the high-level UN General Assembly session
 "'UN keen on furthering MDB reforms initiated during India's G20 Presidency'")
India's role in medical product space represents unique opportunity: FDA
Dr Robert Califf, US FDA Commissioner will be one of the keynote speakers at the 18th edition of the annual largest gathering of pharma and healthcare sectors
 "India's role in medical product space represents unique opportunity: FDA")
Strategic location, significant investments: An expressway to industries
Despite challenges, areas around the 242-km Delhi-Jaipur Expressway, driven by strategic location, are attracting significant investments
 "Strategic location, significant investments: An expressway to industries")
Cost, speed top priority for logistics sector: Last-mile trends report 2024
"In last-mile delivery now top priority is cost and speed. The needle has shifted from cost and satisfaction to cost and speed," report said
 "Cost, speed top priority for logistics sector: Last-mile trends report 2024")
Top IT firms report headcount drop amid weak demand, delayed deal cycle
Major Indian IT companies like TCS, Infosys, and Wipro saw a significant drop in employees during FY24 due to reduced client budgets and delayed deal cycles
 "Top IT firms report headcount drop amid weak demand, delayed deal cycle")
DPDP rules, IT rules amendment on Meity's 100-day agenda after LS polls
The notification of the rules to India's data privacy law have been long awaited
 "DPDP rules, IT rules amendment on Meity's 100-day agenda after LS polls")
Majority of top-100 firms making disclosures about carbon emissions: PwC
The survey further said that about 31 per cent of the respondent companies have disclosed their net-zero targets
 "Majority of top-100 firms making disclosures about carbon emissions: PwC")
Land deals on upswing; 721 acres closed in Jan-Mar: Anarock report
Land deals in terms of acres have increased 61 per cent annually in January-March 2024 and 58 per cent annually in 2023-24
 "Land deals on upswing; 721 acres closed in Jan-Mar: Anarock report")
Irdai removes age limit of 65 yrs for buying health insurance policies
Insurers have been mandated to offer health policies to individuals with pre-existing medical conditions of any kind
 "Irdai removes age limit of 65 yrs for buying health insurance policies")