Page 554 - Industry News

Luxury housing sales in India jumped 75% in 2023, threefold in Delhi: CBRE

The share of luxury homes, priced at or above Rs 4 crore, in total sales, also doubled in 2023

Warehousing & logistics sector resilient amid investment drought: Vestian

Vestian stated that the sector received investments worth $646 million in 2023, accounting for 15 per cent of the total institutional investment received in the real estate sector

Warehousing & Logistics leasing in 2023 exceeded pre-pandemic level by 15%

The data released by Vestian Research showed that the absorption has been on the rise since 2021 when it was 30.2 msf

HC asks Goa to stop operations of 175 commercial set-ups at Anjuna beach

Of these commercial set-ups, the court observed, 45 have some sort of clearance from the Goa Coastal Zone Management Authority (GCZMA)

India steel mills most at risk from EU carbon plan, says Goldman Sachs

Policymakers worldwide are seeking to reduce carbon emissions in their fight against climate change, with steel traditionally among the most polluting industries

Coal India to add new mines, expand existing ones to meet high demand

The miner plans to start operations at five new mines, with a combined annual capacity of 14.3 million tons, in the next fiscal year, Prasad said

Delhi HC reserves order in Supertech Chairman RK Arora default bail plea

The Delhi High Court on Wednesday reserved the order on the default bail plea moved by the Supertech Chairman RK Arora plea in a money laundering case

Radisson Hotel Group added 21 properties in India under 9 brands in 2023

The Radisson Hotel Group on Wednesday said it has accelerated its growth in India by signing 21 hotels under a portfolio of nine brands in 2023

IndiGo-BOC Aviation sign financing deal for 4 Airbus A320NEO aircraft

Singapore-headquartered BOC Aviation Ltd on Wednesday said it has entered into a finance lease transaction with InterGlobe Aviation Ltd (IndiGo).

Airlines cancel 30 flights per day due to Mumbai airport's congestion

Akasa Air on Tuesday announced it was cancelling 90 Mumbai flights till the end of next month

Defence ministry signs Rs 2,269 cr deal with Bharat Electronics Limited

The project will generate employment of two and half lakh man-days over a period of four years with the participation of more than 155 industry partners, including MSMEs, the company said

Firefox maker Mozilla to cut 60 jobs as part of shake-up under new CEO

Mozilla last cut a significant number of jobs four years ago at the height of the Covid-19 pandemic

Infrastructure, BFSI companies among top advertisers for cricket in 2023

FMCG brands expect to remain one of the strongest advertisers in IPL 2024

Heating, ventilation, and AC market may reach Rs 1.78 trn by 2028: Industry

The three-day expo will feature over 500 exhibitors from 40 countries

Govt preparing electronics component linked incentive scheme: Meity Secy

The government has been talking to industry for design and make in India products and the other focus has been increasing local value addition, he said

Relief to homebuyers: Allotted houses to stay out of liquidation, says IBBI

12 key changes to overall regulations introduced to ensure transparency

Two of every three CXOs say GenAI will have existential impact: EY

The study also says that GenAI can provide value-uplift for internal support functions of tech companies

Rlys not a deemed distribution licensee, liable to pay surcharges: APTEL

National Transporter May Appeal Decision After Legal Consultation, Say Sources

TN attracted Rs 9.65 trillion investments since DMK took charge: Minister

Recently, the Tamil Nadu Global Investors Meet 2024 secured investments amounting to Rs 6.64 trillion and approximately 2.6 million jobs for the state

Need to enhance coal-based plants' efficiency by reducing emissions: Govt

The Minister for Power, New and Renewable Energy made the remarks at NTPC's Indian Power Stations O&M Conference (IPS 2024) at Raipur