Page 568 - Industry News

Real estate sector in the middle of a growth cycle: Motilal Oswal

Despite the price hikes, affordability improved across markets as income growth surpassed pricing growth, which should keep momentum intact in demand and pricing, the report stated

Rajasthan govt turns to open market as power cuts hit irrigation

This is prompting the Rajasthan Urja Vikas Nigam to purchase electricity from the open market, sources in the state energy department said

SpiceJet gets over Rs 900 cr funding; to focus on fleet upgradation

The carrier, which had been facing multiple headwinds in recent months, has so far received around Rs 1,000 crore under the ECLGS

Govt plans biometrics-based immigration for international passengers

Government initiative aims to streamline airport processes and elevate India's airports as global transit hubs

Avg flat size expands 11% in 2023, demand rises for bigger homes: Anarock

"Northbound housing prices in the top cities have in no way dispelled the demand for generous living spaces," Anarock Chairman Anuj Puri said

Back to campus: Startups to fire up hiring engine for talent boost

Hiring among these startups increased by 20 per cent during the year compared to 2022. Moreover, they reported that the reduction in their workforce decreased by 7 per cent in 2023

IT services companies' GenAI investments likely to soar this year

Clients in the Asia-Pacific (APAC) region are expected to treble their investments in GenAI, although they currently lag behind their North American counterparts

Television may cost 10% more as prices of open cells continue to increase

The retailer said some manufacturers might pass it on in a staggered manner as they also sit on some amount of inventories

New affordable housing plan likely before 2024 Lok Sabha elections

Govt takes feedback for credit-linked subsidy scheme in urban areas

Indian companies look to cash in on bulging infrastructure order book

The growth of the big companies is trickling down to smaller companies and suppliers too

Lava, Qubo lead in customer ratings among Indian brands, says Techarc

The firm conducted a study based on ratings received by 25 brands across 35 different product categories on e-commerce platforms Amazon and Flipkart in December

India's maiden critical minerals bid: Experts caution on ecological impact

During the launch of the auction process on November 29, Union Minister of Mines Pralhad Joshi said that the collective value of these 20 blocks was estimated to be $5.4 billion (Rs 45,000 crore)

India's natural gas demand is expected to rise 6% in 2024, says IEA

Due to rise in consumption in fertiliser units, power generation and industrial sectors

As many as 431 infra projects show cost overrun of Rs 4.82 trillion in Dec

According to the report, the expenditure incurred on these projects till December 2023 is Rs 16,26,813.80 crore, which is 53 per cent of the anticipated cost of the projects

Centre, experts to discuss trade regime of sensitive goods, tech on Jan 30

There are specific laws and regulations with regard to strategic trade or export controls. These help manage the flow of dual-use goods, services and technologies across national borders

Will hold investors' meet in Spain to make TN trn dollar economy: CM Stalin

During the overseas visit, he would engage some of the largest industrial companies, including ROCA and Gestamp, and the investment organisation Invest in Spain, he said

Customs 2.0 in offing, to provide fully automated stakeholder service: Govt

The World Bank's Logistics Performance Index 2023, which was released in April last year, had ranked Customs processes at 47th spot, down from 40th position in 2018

Digi Yatra voluntary, data can be collected only after consent: Scindia

There have been complaints that biometric data for Digi Yatra were being gathered from passengers without their consent and the issue was flagged to the minister by Rajya Sabha member Saket Gokhale

Govt working on reforms for Special Economic Zones: Commerce secretary

During the pandemic two years ago, many office spaces in the SEZ areas had been vacated due to 'work from home' practice initiated by the occupants

SSWC&MA approves Rs 1,937 cr project proposals for industrial expansion

SSWC&MA has approved Rs 1,937 crore project proposals and employment opportunities for 2,715 people, according to a press statement issued here on Saturday