Page 570 - Industry News
Not only rural, urban FMCG sales also slipped late last year: Bizom
The research agency said that urban growth was down 2.1 per cent in the quarter ended December compared to the same quarter last year, and the same was down 0.5 per cent in the previous month
 "Not only rural, urban FMCG sales also slipped late last year: Bizom")
Pollution control board's approval must for vehicle scrapping facilities
The Amended Rules also states that a government-owned vehicle or a vehicle seized by law enforcement, will not be eligible for any incentives
 "Pollution control board's approval must for vehicle scrapping facilities")
Boeing's manufacturing under scrutiny: How did a jet end up with big hole?
The 'door plug' that blew off an Alaska Airlines plane most likely had manufacturing or installation flaws
 "Boeing's manufacturing under scrutiny: How did a jet end up with big hole?")
R K Singh meets transport sector to explore ways to utilise green hydrogen
The roadmap should include details of pilot projects, technological advancements, and the potential for cost reduction through localized manufacturing and scaling processes, he added
 "R K Singh meets transport sector to explore ways to utilise green hydrogen")
R-Day sale 2024: Smartphones, PCs, and electronics fly off e-com shelves
Beginning January 13, e-commerce majors Amazon and Flipkart rolled out their Republic Day sale events in India, with various bank offers and discounts on gadgets and electronic items
 "R-Day sale 2024: Smartphones, PCs, and electronics fly off e-com shelves")
Interim Budget 2024: Industry seeks tax benefits, boost to exports
Further, startup firm World of Circular Economy (WOCE) said the sustainability and climate solutions industry is urging the government for crucial support
 "Interim Budget 2024: Industry seeks tax benefits, boost to exports")
PM Gati Shakti: 3 infra projects worth Rs 9,600 cr recommended for approval
These projects were assessed in the 64th Network Planning Group (NPG) meeting on October 17
 "PM Gati Shakti: 3 infra projects worth Rs 9,600 cr recommended for approval")
Govt to adopt qualitative tendering process instead of L1 system: Gadkari
The move is aimed at improving the quality of various infrastructure-related works in the country, the minister said at an event organised by the International Road Federation (IRF)
 "Govt to adopt qualitative tendering process instead of L1 system: Gadkari")
Thermal power plants' capacity utilisation to rise to 69% in FY25: ICRA
The average spot power tariffs in the day-ahead market (DAM) of the Indian Energy Exchange remained high at Rs 5.4 per unit in YTD FY2024, owing to the sharp demand growth
 "Thermal power plants' capacity utilisation to rise to 69% in FY25: ICRA")
Commerce ministry backs import tax cuts on gold bars: Govt officials
"India's customs duty on gold is among the highest globally," said Vipul Shah, chairman of the GJEPC
 "Commerce ministry backs import tax cuts on gold bars: Govt officials")
Brookfield planning $1.2 billion of debt to buy India assets: Reports
Investment firm Brookfield is betting on growth in India, whose economy is outpacing that of other large countries and where smartphone usage is increasing rapidly
 "Brookfield planning $1.2 billion of debt to buy India assets: Reports")
Agricultural commodities may be significantly impacted by Red Sea crisis
The Red Sea crisis has led to a 122% rise in freight costs in the last few months, according to ICRA
 "Agricultural commodities may be significantly impacted by Red Sea crisis")
DGCA terminates chief flight operations inspector on administrative grounds
'The contract of Capt Vivek Chhabra, CFOI stands terminated with immediate effect on administrative grounds and in the public interest,' the statement added
 "DGCA terminates chief flight operations inspector on administrative grounds")
CCI nod for Religare stake buy deal without prejudice, says legal expert
On Tuesday, the Competition Commission of India approved the acquisition of 31.27% of additional stake in Religare Enterprises by four entities of Dabur India promoter Burman family
 "CCI nod for Religare stake buy deal without prejudice, says legal expert")
FAA approves inspection process to clear way for grounded Boeing planes
Boeing said it will work with the FAA and the airlines to get the grounded planes back in the air
 "FAA approves inspection process to clear way for grounded Boeing planes")
Indian firms corner more of growing pharma market as MNCs go niche
Indian drug firms are focussing on expanding their salesforce and distribution, while getting into trade generics to garner volumes
 "Indian firms corner more of growing pharma market as MNCs go niche")
Govt nod to proposal to set up trade committee of India, Dominican Republic
'At present, there is no bilateral institutional mechanism between the two nations on trade and commerce'
 "Govt nod to proposal to set up trade committee of India, Dominican Republic")
Shipments affected by Houthi assaults as vessel attacked off Yemen: Qatar
Ships carrying liquified natural gas from Qatar had been delayed previously before heading through the Gulf of Aden and the Red Sea
 "Shipments affected by Houthi assaults as vessel attacked off Yemen: Qatar")
Aviation safety regulator DGCA terminates contract of its CFOI: Report
Aviation safety regulator DGCA on Wednesday terminated the contract of its Chief Flight Operations Inspector (CFOI), according to sources.
 "Aviation safety regulator DGCA terminates contract of its CFOI: Report")
Union Cabinet approves Rs 8,500 cr incentive for coal gasification projects
At least one project will be bid out on a tariff-based bidding process and its criteria will be designed in consultation with NITI Aayog, a government statement said
 "Union Cabinet approves Rs 8,500 cr incentive for coal gasification projects")