Page 530 - Industry News

Property leasing by luxury brands in India jumped 170% in 2023: Report

Consumer preference will 'reshape retail landscape' in the country, it says

Three new coop societies will help solve many agri problems: Amit Shah

Shah stressed on the need to promote organic and natural farming, while discouraging use of chemical fertilisers

AAI expects net profit of Rs 3,257.28 cr in 2023-24, highest in 8 yrs

As the passenger footfalls are rising across the country, the AAI is expecting a substantial increase in the concession fees from eight privatized airports in India

Television prices may go up by 10% in April due to rising open cell rates

This is the second hike manufacturers will take in 2024

DoP to form panel of auditors for risk-based marketing audit of drug firms

Industry insiders expressed concerns around how the new UCPMP would be implemented and how anyone found guilty of violations of the code would be penalised

Centre replaces FAME with EMPS to promote e2W, e3W, 4-wheelers kept out

The upcoming Electric Mobility Promotion Scheme is set to debut on April 1, supplanting the current Faster Adoption and Manufacturing Electric Vehicles- Phase-II initiative

Dholera semiconductor plant to roll out first chip by end of 2026: Vaishnaw

PM Modi virtually laid the foundation of three chip plants through video conferencing during the function and said that these projects will help India become a semiconductor global hub

Ministry to ensure 874 mn tonne coal supply for power sector in FY25: Joshi

Their (power ministry's) demand has been met. They had asked for 821 million tonnes and it has been supplied, the Minister said

Govt announces Rs 500 crore e-mobility scheme to promote electric vehicles

The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024

Niti Aayog comes up with roadmap to boost exports from MSME sector

Niti Aayog has made a case for a single information portal for exporters to promote e-commerce exports and improve access to finance, especially for micro, small & medium enterprises (MSMEs)

PM Modi lays foundation stone of 3 semiconductor projects worth Rs 1.25 trn

The prime minister said the projects will make India a global semiconductor hub

Days not far when India becomes global power in semiconductor sector: PM

India's semiconductor dreams were first envisioned during the 1960s, but the then governments failed to act upon them due to their lack of will and efforts to convert the resolutions

Coal ministry will fulfill 874 mn tonnes coal requirement in FY25: Min

Savings to the tune of Rs 82,264 crores had been made through the reduction of coal imports in just one year, Joshi said

First chip from Dholera plant will be out in December 2026, says Vaishnaw

These chips driven by advanced technology will cater to multiple sectors -- power management chips for electric vehicles (EV), telecom, defence, automotive, consumer electronics

77% of investment in Indian real estate in 2019-23 by foreigners: Report

Global investors have 'consistently infused' average of $4 bn annually in the last five years, it says

Vegetable oil imports dwindle 13% in Feb to 975,000 tonnes, says SEA

Edible oils import fell to 46,15,551 tonne during the first four months of 2023-24 oil year from 58,44,765 tonne in the year-ago period

Govt's new code bars unethical marketing of drugs by pharma firms

Medical representatives barred from using 'inducement' or 'subterfuge' to access healthcare professionals

Pharma industry bodies welcome govt's technical upgradation scheme

Drug manufacturers with annual turnovers below Rs 500 crore will get the financial assistance in upgrading their facilities to meet global standards

Dholera plant's first semiconductor chip to be rolled out by 2026 end

The joint venture between Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation will begin by manufacturing 28-nanometer chips

Mandatory 100% auction of dust tea grades heats up debate in tea industry

Some packet tea players are reportedly putting pressure on leaf factories to oppose the proposed 100 per cent dust grade auction regulation