Page 601 - Industry News

Consider regulatory sandbox approach to deal with crypto issues: GTRI

GTRI said that in the light of crypto's acceptance in the regular financial system in the US, it remains to be seen how India's crypto policy evolves in coming months

'Hope airfares come to right sweet spot,' says Vistara's chief Vinod Kannan

"There are times in the year due to seasonality...our fares in 2023 were even lower than 2022," he noted

IAF indigenised more than 60,000 components in last 2-3 yrs: VR Chaudhari

The IAF chief was speaking with reporters on the sidelines of a programme held in the Bhonsala Military School in Nagpur on Saturday

T'gana CM proposes Industrial Corridor connecting Hyderabad to Vijayawada

Furthermore, he requested the allocation of one National Handloom Technology Center (IIHT) to Telangana, emphasizing the positive impact it would have on training weavers in modern technology

IAF indigenised more than 60,000 components in 2-3 years: Air Chief Marshal

He also said the Air Force cannot rely on foreign OEMs (Original Equipment Manufacturers) for repair and overhaul maintenance activities and that it has to be done in-house

Telangana CM meets Piyush Goyal, seeks nod for new industrial corridor

Reddy urged Goyal to reconsider the earlier plan of establishing a pharma city between Hyderabad and Warangal and instead endorse forthcoming proposal for pharma city to be submitted to Center

No import restrictions on certain IT products like desktop computers: DGFT

In August 2023, the government imposed restrictions on certain IT hardware goods and later after domestic and foreign firms flagged their concerns, in October last year

Cinema daily shows up to 623 in 2022, theatre attendance drops: Delhi govt

The number of theatres in Delhi rose from 129 in 2008 to 137 in 2022, with the peak point being in 2017, when the number was 142, according to the Delhi Statistical Handbook-2023

India-Maldives row: Alliance Air starts additional flights to Lakshadweep

Amid the ongoing India-Maldives row, Alliance Air the only airline that operates to Lakshadweep has started additional flights

US regulators impose additional requirements on Boeing before Max 9 return

Boeing declined to comment on the FAA's additional requirements

Binance loses India traders to local companies it recently dominated

WazirX and Mudrex estimated that roughly 70% of their fresh inflows came from Binance, while CoinDCX put the figure at around 40%

FM seeks more participation from French financial institutions at GIFT City

Finance Minister Nirmala Sitharaman on Friday met French President Diplomatic Advisor Emmanuel Bonne and sought greater participation from French financial institutions

Margin gains to support cement companies amid slowing demand in Q3

Most cement majors are pushing capex in anticipation of long-term demand

299 mines identified as abandoned, discontinued or closed so far: Govt

Mines closed before 2009 often lacked a structured closure framework, leading to non-scientific closures

Q3 results: Top 4 Indian IT companies balance caution and optimism

Compared to its competition, Noida-headquartered HCLTech's performance was the best

Centre reviews progress of PLI schemes in all 14 sectors: Govt official

The empowered committee in PLI has also approved Rs 1,000 crore disbursal to beneficiary firms of the electronics sector

Centre to hold roadshow in Ranchi to woo investors for coal mine auction

"To enhance participation in commercial auction of coal mines, the Ministry of Coal is organising a roadshow at Ranchi on January 16," it said

World Economic Forum: Davos-bound squad aims to turn spotlight on India

Top honchos from India Inc, finance, govt heading to the World Economic Forum

Major boost for infra in Maha: Modi inaugurates projects worth Rs 30,500 cr

PM Modi first inaugurated the Rs 17,840 crore Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, also called the Mumbai Trans Harbour Link, which will cut the distance between Mumbai and Navi Mumbai

5G subscribers in India at 159 million: Bank of America global research

The report says this figure could grow to more than 490 million subscribers (42 per cent penetration) by 2028. 5G user growth has surpassed expectations over the past few months