Page 533 - Industry News

India, EFTA trade deal to help boost trade, investments: Industry bodies

The investment commitment by the companies of the grouping - Switzerland, Norway, Iceland and Liechtenstein - would be executed over a period of 15 years

Spectrum auction: Centre keeps reserve price of expensive bands unchanged

The government seems to have resisted raising the reserve prices of usually sought-after spectrum bands in key telecom circles

Wine, spirits importers urge states for inflation-linked pricing policy

ISWAI is asking for an inflation-based pricing model which is transparent, and based on data that the industry can submit

Demand for private jets, helicopters likely to rise 40% during LS polls

Helicopters are anticipated to be more in demand compared to fixed-wing aircraft as choppers will help in providing accessibility to rural and remote areas in a shorter time

PM Modi virtually inaugurates 15 airport projects worth Rs 9,800 crore

Once completed, the combined passenger handling capacity of these three airports will increase to 9.5 million passengers per annum

CCI's powers to penalise on global turnover to deter anti-competitive ways

The provision could have a larger impact on companies having multi-products or multi-services and also assumes significance as cases related to digital markets are being probed by the CCI

Odisha to set up Rs 562 cr aviation centre to meet future demand for pilots

The training centre will be established in accordance with the Civil Aviation Policy-2022 of the state government

IndianOil sets sight on Grand Prix, to join high table of F1 fuel producers

IOC had in October last year helped India join a select league of nations when it began producing highly specialised 'reference' petrol and diesel that are used for testing automobiles

India's Samudrayaan set to explore ocean bed by 2025 end: Kiren Rijiju

The minister said he had reviewed the project and scientists should be able to carry out the first shallow water testing by the end of this year

IPR laws facilitator, not barrier in process of research & development: FM

The law is a balance of protection for those who innovate, and the commercial propositions with which patents can be of use for the society, she said

Open access solar capacity addition at record 3.2 GW during 2023: Report

In its latest report, US-based research firm Mercom Capital said the open access solar capacity addition was 3 gigawatt (GW) during 2022

Retrospective fine? Experts seek clarity on CCI rule on global turnover

MCA notification dated March 5 empowers the Commission to impose penalty on global turnover of a company and not just the turnover derived from the product or service under investigation

Telecom spectrum auction for 8 bands starts from May 20, says DoT

10,523 MHz up for sale, reserve price of spectrum is Rs 96,317 cr

Women's day: PM Modi announces Rs 100 cut in price of cooking gas cylinders

Price of domestic LPG cylinder to be Rs. 803 in Delhi

Govt exempts certain exporting units from quality control orders

It said that the exemption will be with pre-import conditions, and those inputs will be utilised in the manufacturing of the export products

MCA revises thresholds for mergers and amalgamation under Competition Act

Merger transactions with acquisition targets having assets under Rs 450 cr or turnover below Rs 1,250 cr are exempt from CCI approval

Number of board seats held by women in India Inc grew in last 5 yrs: Report

India's number is lower than the global average of 23.3 per cent, which has seen an increase of 3.6 per cent since 2022, reducing the timeline towards achieving parity by seven years from 2045 to 2038

FSSAI finds mismatch in licence by food operators serving airlines

FSSAI said flight kitchen operators would endorse the food service (caterer) business in the FSSAI licence

Norms against deepfakes and misinformation after elections: Vaishnaw

Other countries have also raised their guard over risk posed by AI bias, digital misinformation and falsehoods, as global experts warn that AI-generated deceptions could undermine electoral processes

10K GPUs under IndiaAI mission to be in place over 18-24 months: IT secy

Our target is that the GPUs under the AI machine should be available between 18 and 24 months and will not be directly available under this mission, Krishnan said