Page 525 - Industry News
RBI issues requirements for SRO recognition, sets minimum benchmark
The framework said, SROs will be expected to operate with credibility, objectivity and responsibility under the oversight of the regulator, with the objective to improve regulatory compliance
 "RBI issues requirements for SRO recognition, sets minimum benchmark")
Indian holiday seekers showing dynamic shift in travel preferences: Airbnb
South Goa emerged as India's most popular getaway for Indian guests with a 330% increase in searches
 "Indian holiday seekers showing dynamic shift in travel preferences: Airbnb")
Naveen Jindal takes charge as Steel Association prez with immediate effect
Naveen Jindal, Chairman, Jindal Steel and Power (JSP) has been unanimously elected as the President of the ISA by the Apex Committee, the governing body of ISA, according to the statement
 "Naveen Jindal takes charge as Steel Association prez with immediate effect")
As tulips bloom, Jammu & Kashmir hopes to harvest a bounty of tourists
Industry, government officials believe region will improve its tourist footfall this year
 "As tulips bloom, Jammu & Kashmir hopes to harvest a bounty of tourists")
India's coal import rises marginally to 212 MT in April-January period
India's coal import was 208.78 MT in the corresponding period of the previous fiscal, according to data compiled by mjunction services ltd
 "India's coal import rises marginally to 212 MT in April-January period")
Here's how the US lobbied India to reverse laptop licensing policy
US officials have often been concerned about India's sudden policy changes which they say create an uncertain business environment
 "Here's how the US lobbied India to reverse laptop licensing policy")
Is new EV policy doing enough to lure Tesla to make electric cars in India
Domestic players such as Tata Motors and Mahindra & Mahindra opposed any move to reduce duties on fully-built cars
 "Is new EV policy doing enough to lure Tesla to make electric cars in India")
Reits seek changes in regulations to get easier access to capital
They expect the Reit landscape, which is now limited to office space and retail, to expand to hotels, residential properties, data centres, and logistics
 "Reits seek changes in regulations to get easier access to capital")
High base effect of last year to hit March growth business of life insurers
Several private insurers also reported to have moved towards Tier 2 and Tier 3 cities and in the less than Rs 5 lakh segment to compensate for their loss of business in the higher ticket size
 "High base effect of last year to hit March growth business of life insurers")
India will have an upper hand in AI: PM Modi at Startup Mahakumbh
The prime minister Modi said that he is making use of AI technology for his election campaign
 "India will have an upper hand in AI: PM Modi at Startup Mahakumbh")
5G subscribers consuming 3.6-times more data than 4G users: Nokia
Overall, 5G made up 15 per cent of all data traffic across telecom circles as of December, 2023
 "5G subscribers consuming 3.6-times more data than 4G users: Nokia")
Local chip design firms can cater to e2Ws worldwide: Cadence's India MD
He points out, moreover, that there are two clearly different markets in the semiconductor sweepstakes
 "Local chip design firms can cater to e2Ws worldwide: Cadence's India MD")
A developed India by 2047: Churning of ideas at Business Standard Manthan
Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, and Railways & Telecom Minister Ashwini Vaishnaw along with other thought leaders will discuss the road ahead at summit next week
 "A developed India by 2047: Churning of ideas at Business Standard Manthan")
JSW MG Motor India plans to sell a million electric vehicles by 2030
'The percentage of stake we hold is not as important as bringing the highest and best-available technology cars into India', says Sajjan Jindal
 "JSW MG Motor India plans to sell a million electric vehicles by 2030")
JSW MG Motor India to invest Rs 5,000 cr; focus on new energy vehicles
One of the key targets of JSW MG Motor India would be to bring down prices of NEVs closer to that of ICE vehicles
 "JSW MG Motor India to invest Rs 5,000 cr; focus on new energy vehicles")
FAME II not getting extension is setback for industry: Switch Mobility CEO
Switch Mobility, the electric vehicle arm of commercial vehicle major Ashok Leyland, recently obtained its FAME II certificate, and the scheme is ending for them on March 31
 "FAME II not getting extension is setback for industry: Switch Mobility CEO")
Loan distribution by FACE members rise by 12.2% to 24.8 mn in Q3FY24
The report added that 12 per cent of loans distributed between April and December 2023 went to women
 "Loan distribution by FACE members rise by 12.2% to 24.8 mn in Q3FY24")
Alcobev industry seek clarity on brand extension vs surrogate ads
List of products sold under the same brand name as alcobev for the past three years, including details of states where they were marketed
 "Alcobev industry seek clarity on brand extension vs surrogate ads")
Weakness of Air India supported survival of airlines around India: CEO
Carrier now has the chance to seize market share and turn country into a traveller hub, says CEO Campbell Wilson
 "Weakness of Air India supported survival of airlines around India: CEO")
February crude oil imports from Russia edged up from January trade
The world's third biggest oil importer and consumer, India has been gorging on Russian oil since the West imposed sanctions on Moscow for its invasion on Ukraine in February 2022
 "February crude oil imports from Russia edged up from January trade")