Page 552 - Industry News

Torrent Power, Lanco lowest bidders in natural gas-fired power auction

India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants

Airtel achieves 4.7 Gbps 5G speeds on mmWave spectrum using Ericsson gear

The peak throughput experienced during the testing gives Airtel the confidence to deploy mmWave for Fixed Wireless Access (FWA) application

Global pharma companies dominate Indian vaccine market: PharmaTrac report

Global pharmaceutical companies hold 60% of value share in India's vaccine market, outperforming domestically manufactured vaccines in terms of revenue

Level up: India's gamers play to win with homegrown 'AAA' titles

Popular AAA games include titles like Minecraft, GTA 5, Call of Duty, and Fortnite, among others

AI market in India to touch $17 billion by 2027: Nasscom-BCG report

The Nasscom report in partnership with BCG was released on Tuesday at the sidelines of the Nasscom Technology & Leadership Forum 2024 here

RIL, Tata Power among firms in fray for $26-billion nuclear investment

This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation

Package deal: How FMCG brands are leaving consumers spoilt for choice

The shelves in stores are packed. The options on e-commerce platforms are dizzyingly aplenty. The consumer is spoilt for choice. Which flavour of oats to go for? What packet of chips to pick?

Flying high: Big spike in airfares, demand for hotels during Holi week

Holi falls on March 25 this year, whereas it was celebrated on March 8 last year

India, New Zealand working to address trade barriers, says envoy David Pine

The Joint Trade Committee (JTC) was established under the 1986 India-New Zealand Trade Agreement

Govt mulls setting up maritime development fund to support shipping sector

Ramachandran said his ministry is working for development of shipbuilding & repair clusters at Mumbai, Kochi and Chennai

Paytm fiasco: FM Sitharaman to meet heads of fintech firms next week

According to sources, Sitharaman will be meeting CEOs of fintech companies next week to hear their concerns and problems

Hotel industry's revenue expected to grow 7-9% in FY25, says ICRA

Spiritual tourism and tier-II cities are also expected to contribute meaningfully in FY2025, it added

Zoomcar, SPARKCARS to develop EV self-drive, aim to add 1,000 cars in 2 yrs

Zoomcar CEO and Co-Founder Greg Moran said the partnership follows the direction of the government's growing focus on boosting the EV ecosystem

From Mangalyaan-2 to Shukrayaan-1, here's what Isro is planning in 2024

After the success of Chandrayaan-3 and Aditya L1 in 2023, Isro has a lot planned in 2024. Here's a look at the upcoming mission

Airlines witness dip in use of freight-carrying capacity in January

Passenger load factor also sees decline after year-end jump

Entertainment leasing nearly triples in last one year in India: CBRE

Malls witnessed higher footfall, and this translated into increased visitors to other entertainment zones like gaming arcades, clubs, etc

FinMin to meet fintech startups next week amid Paytm Payments Bank row

The meetings come in the wake of the Paytm Payments Bank crisis triggered by the Reserve Bank of India ordering the banking unit of digital payments firm Paytm to wind down operations

GenAI likely to add $66-80 billion to financial services GVA by 2030

Around 78 per cent of the respondents surveyed said that they had either implemented GenAI in at least one use case or had plans to pilot it over the next 12 months

Pinaka launchers to missiles, Pune adds to defence industry lineup

Nibe has grown quickly and is seeking a leadership role in organising micro, small and medium enterprises (MSMEs) in the industrial zones around Pune

NIIF commits Rs 207 cr to Amicus for tech-enabled manufacturing, healthcare

NIIF Fund of Funds-I, the first fund under its private markets business (PMF-I), has made the commitment to Amicus Capital Partners India Fund II