Page 555 - Industry News

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

India's incremental demand to equal UK's current power consumption in 3 yrs

India remains heavily dependent on coal to meet its energy needs

Auto component industry's revenue growth to moderate to 5-7%: ICRA

For FY25, the growth is likely to be relatively lower to 5-7 per cent, with expected moderation in domestic volume growth and a weak outlook for exports, Icra said

IT ministry fears losing out to China, Vietnam in smartphone exports race

Lower tariffs on components is key to India's ambitions to attract smartphone manufacturers

Underwrite disruptions to boost mkt penetration: Irdai chief to insurers

Insurance players need to underwrite disruptions to make the vision of 'insurance for all' a reality by 2047, regulator IRDAI's chief Debasish Panda said on Tuesday

'Societal misalignments' could make AI dangerous, warns OpenAI CEO

OpenAI's success has made Altman the public face for generative AI's rapid commercialisation and the fears over what may come from the new technology

Foreign luxury shoes unable to expand footprint in India over BIS norms

The Bureau of Indian Standards for imported footwear requires the companies to float their products in India only after receiving the ISI mark

Manufacturing sentiment remains upbeat in Q3, Q4 for FY24: Ficci survey

The survey found that 85 per cent of respondents in the current fourth quarter of the financial year 2023-24 are expecting a higher number of orders compared to 73 per cent in the previous quarter

Mine bidders to face penalties for delays; Centre proposes timelines

The government has outlined timelines for various activities involved in the process, accompanied by penalties for delays attributable to the bidder

Apples to bats, Kashmir's startup scene gains momentum with foreign funding

Entrepreneurs are also tapping into JK Startup Policy and Shark Tank India

67% of consumers experienced subscription trap: LocalCircles survey

Over 1 in 2 consumers surveyed who bought something via app or software platforms said they experienced dark patterns like subscription trap, drip pricing and bait and switch, said the survey

RBI Guv rules out possibility of review in action taken against Paytm PB

The governor said any decision against entities regulated by the RBI is taken after a comprehensive assessment

SEA seeks import curbs on finished products to protect oleochemical sector

SEA has requested the government to take immediate steps to safeguard the interests of the domestic industry by taking some measures

Apple leads tablet PC market with 25% share in 2023, Samsung at second spot

Samsung was at the second spot with a 23 per cent market share in 2023, market research firm CyberMedia Research said on Monday

Tourism, hospitality industry likely to create 50 mn jobs in 5-7 yrs: HAI

'We are focussing to create over 50 million jobs in the next 5-7 years,' Kachru, who is also the Chairman Emeritus and Principal Advisor South Asia, Radisson Hotel Group, said

Fulcrum Digital plans to hire 700 professionals across tech domain in 2024

New York-based Fulcrum Digital offers software products, services, and solutions to varied industries. It has offices in the US, Latin America, Europe, and India

Uttar Pradesh govt to launch over 14,000 projects worth Rs 10 trillion

UP Industrial Development and Export Promotion Minister Nand Gopal Gupta Nandi said these projects were estimated to create 3.4 million fresh jobs

India sees 28% fall in vegetable oil imports to 1.2 mn tonnes in Jan: SEA

India is a leading vegetable oil buyer in the world

Chhattisgarh government restores e-permits for coal transportation

The chief minister said the offline process led to delays in transportation and promoted corrupt practices