Page 509 - Industry News

Investor funding in edtech driving unwarranted behaviour: Byju's Aakash CEO

During the edtech's growth stage, several brick-and-mortar test preparatory firms entered the online space, while online education firms added brick-and-mortar centres

Layoffs by Indian tech startups dip 60% in Jan-March this year, says report

Tech startups let go of more than 2,000 workers in the first quarter as funding capital reduced

Global capability centres in India see hiring dip amid western disturbances

Experts said that the reasons behind this could be a reflection of the uncertainties and slow recovery in the West and global markets, and also inflation and geopolitical conflict

31 million jobs created in real estate under Modi government: Report

The measures taken, it says, can catapult the size of the Indian real estate market from $20 billion in 2017 to an estimated $1 trillion by 2030

India's consumption story gets a facelift as rural demand shows promise

FMCG companies have also witnessed a pick-up in rural areas.

AI, power purchase deals to help Delhi meet summer demand of 8,000 MW

With high temperatures projected for the season, Delhi's peak power demand is expected to cross 8,000 MW for the first time, reaching up to 8,200 MW, according to State Load Dispatch Centre data

India's critical and strategic mineral auctions face three-month delay

Final date to select the preferred bidders for remaining seven mineral blocks has been deferred to July 8

RBI's status quo on repo rate to impact retail auto sales, says Fada

But says govt spending, expected good monsoon may support demand

Jio adds 3.59 million users, corners 40% of market share in February

The company's growth has largely come at the expense of Vodafone Idea (Vi), which has been experiencing significant customer attrition for the past 23 months

US electronics trade: India lags global peers in plugging China gap

Vietnam has been the biggest beneficiary. It saw an incremental increase in electronics exports worth $39.1 billion between 2018 and 2023

Indian pharmaceutical market registers a growth of 9.5% in March 2024

Moving annual turnover of Rs 1.98 tr between April 2023 and March 2024 marked a 6.5% growth, despite a 1% decrease in domestic market volumes

Mobile wallet payments in India to surpass Rs 531 trn in 2028: GlobalData

The value of mobile wallet payments in India, as per a GlobalData report, grew at a CAGR of 72.1 per cent between 2019 and 2023 to reach Rs 202.8 trillion in 2023

Average CEO compensation in India up 40% as compared to pre-Covid: Survey

The number of CEOs earning more than Rs 20 crore has doubled in the last four years

Skill development crucial in setting up efficient logistics: DPIIT

As part of efforts to strengthen India's logistics and infrastructure sectors, the DPIIT, in collaboration with Gati Shakti Vishwavidyalaya (GSV) in Vadodara, Gujarat, organised the workshop

SC bats for SOP for easy access of airports to persons with disability

A bench headed by Chief Justice D Y Chandrachud was hearing a plea filed by a wheelchair-bound woman who had faced difficulties at Kolkata airport on January 30

Personal computer imports from China decline 3% during Nov-Feb 2024

Imports of personal computers into India also declined 55 per cent year-on-year to $1.06 billion from the world during November-February 2024

Indian road logistics industry revenues to grow at 3-6% in FY25: ICRA

ICRA said operating profit margins are expected to remain range-bound at 10.5-12.5 per cent in FY2025 as concerns on cost inflation persist

After Bitcoin surge, crypto venture capital creeps toward comeback: Report

VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year

Over 30 million jobs created in real estate sector in 10 years: Report

India's top seven primary residential markets witnessed a combined housing supply of 29.32 lakh units and sale of 28.27 lakh units between 2014 and 2023

Dining delights to home delicacies, restaurants get into gourmet retail

From delectable pastes to artisanal blends, savoury chips to ice-creams, culinary treats crafted by in-house chefs are hitting the shelves