Page 507 - Industry News

Telecom tariff hike imminent, expect 15-17% rise after elections: Report

"We expect Bharti's subscriber base to grow at about two per cent per annum, against the industry growth of one per cent per annum," it said

Govt extends implementation of special registration for gutkha firms

The CBIC, through a notification, extended the date of implementation of this special procedure by 45 days till May 15

India doubled new coal power capacity in 2023: Global Energy Monitor

The survey also revealed a substantial increase in coal power proposals in India, with both public and private sectors proposing 11.4 GW of new capacity

Fresh NPAs of private, public banks to pick up in FY25, says ICRA

Experts said that the expectation of an increase in fresh slippage rate in FY25 is built on the premise of seasoning of recently originated credit portfolios

AM/NS India will have 'robust financial discipline' while expanding: CFO

Acquisition is growth driver for AM/NS and its parent companies, ArcelorMittal and Nippon Steel, says Amit Harlalka

'Twenty coal mines likely to become operational by end of this year'

SCCL is a government coal mining company jointly owned by the Telangana government and the Centre on a 51:49 equity basis

Make in India: Apple assembled $14 bn worth of iPhones in India in FY24

Apple now makes as much as 14% or about 1 in 7 of its marquee devices in India

Skymet's prediction of good monsoon lifts FMCG sector's hope for FY25

The sector is already witnessing an uptick in rural demand, which lagged through most of last year as rainfall impacts affected rural demand

Summer airfares on major domestic routes increase by 13%, shows data

However, the data also shows that summer airfares on key routes such as Delhi-Leh and Delhi-Kolkata have significantly decreased due to the introduction of new flights

UCBs strengthening profile on regulatory support, improved margins

With the repricing of loans and higher lending rates for fresh loans, the net interest margins improved from a low of 1.89 per cent in Fy20

MaxPetZ to use 3D printing for reconstructive surgeries in veterinary field

Speaking on the subject, Leena Dalal, senior veterinary surgeon and oncologist MaxPetZ said that this would be the first time in India that 3D Printing is being used to treat animals

'Indicate' timeline to implement new FDTL rules: DGCA to airlines

FDTL norms are crucial as they guarantee sufficient rest for pilots, minimising the risk of untoward incidents

Diagnostic Companies poised for 10-11% revenue growth in FY25: CRISIL

The projected rise in revenue comes on the back of an estimated 8% growth in FY24

Anti-ageing tech, 'happiness medicines' to shape healthcare demand: Report

Wearables, anti-ageing hormone therapy, controlled psychedelics among 40 areas that will likely grow, it says

31% of women in tech considering quitting their jobs, shows survey

Poor management, lack of training and want for better compensation are the main reasons they want to leave their organisations

Demand for retail space in malls, high-streets may dip 15% in 2024: CBRE

In 2024, among the retail categories, the home dcor segment is likely to expand in online and offline formats, while fashion and apparel players will continue expanding in tier-I cities

Indians spending more on packaged food, eating out as home cooking declines

Spending on processed food by the urban elite consumer more than doubled in FY23; it surged more than threefold for middle-income consumers

Climate concerns take a backseat as India's petrol use doubles in a decade

The Petroleum and natural gas ministry's data indicated that between FY14 and FY24, annual petrol consumption skyrocketed by 117 per cent, diesel by 31 per cent, aviation turbine fuel by 50 per cent,

Sky-high demand: Politicians drive helicopter rates up 15-20%

BJP, Congress dominate advance bookings, helicopter charter firms say

India moved fewer people to non-agri jobs than most neighbouring nations

Change in employment ratio is also worse than its key peers