Page 622 - Industry News

CCI study on mining sector flags iron ore varied pricing, export issues

To ensure fair markets, the competition watchdog initiated a focused study on the mining sector, specifically iron ore in India, and its interconnected industries like steel

TCS get notice from Maharashtra labour dept for employee transfer practices

Group representing Indian IT workers alleges company harassing employees who oppose 'forced transfers'

UltraTech Cement Q3 sales up 6% to 27.3 MT, overseas production up 20%

The total sales volume in the domestic market was up 5 per cent to 26.06 MT during the quarter under review, the Aditya Birla Group firm said in a regulatory filing

Indian real estate in 2023 saw highest investment inflows since 2020

The leading sources of foreign capital in Indian real estate were Canada and Singapore accounting for 78% of the total inflows

Consumers moved away from diesel vehicles in 2023; EV, hybrid sales rise

SUVs, on the other hand, are likely to grow up to 54-55 per cent from a current level of 48.7 per cent. It has already grown from 42 per cent in 2022 to nearly 49 per cent in 2023

Mineral output rises 13.1% in Oct, 9.4% growth in Apr-Oct period: Govt

The index of mineral production of the mining and quarrying sector for October was 127.4, 13.1 per cent higher than October 2022, as per the provisional figures of Indian Bureau of Mines (IBM)

Differential pricing of iron ore likely to create competition concerns: CCI

As per the study, the differential pricing of iron ore for different end users is likely to create competition concerns

DGCA issues decade-high commercial pilot licenses for second time in a row

GCA said the number of CPLs given to women rose by 22.5 per cent year-on-year

Domestic steel sector still in recovery mode post-Covid: Tata Steel CEO

This (2023) has been good year for the steel sector in India, even though it was a challenging period globally, Tata Steel CEO and MD TV Narendran said here

Printing 'date of mfg', 'sale price' on packaged items mandatory from Jan 1

Earlier, companies were given the option to either print the 'date of manufacturing' or 'date of import' or date of packaging on the packaged commodities

Vibrant Gujarat Summit: Investment push to create employment opportunities

The Gujarat government's thrust to create opportunities and foster a thriving workforce is evident in its numbers and expert analysis

Air India's new Airbus A350 to enter commercial service on January 22

The first flight of the A350 aircraft will be between Bengaluru and Mumbai at 7:05 am on January 22

Gujarat dairy sector booming as 3.6 mn farmers get Rs 200 cr: Officials

The dairy sector in the state has grown to Rs 1 trillion, they said

Import duties to open agri sector key to ensure India's food security: GTRI

This will need educating consumers about the health benefits of using locally produced oils like mustard, groundnut, and rice bran in lieu of imported oils

Tamil Nadu campaign to celebrate state's business titans, industrial legacy

Corporate leaders to speak about their companies in campaign curated by CII

Housing sales in Gurugram up 13% in 2023; down 7-8% in Noida: Anarock

Greater Noida saw a 7 per cent drop in sales to 10,180 units from 10,985 units. Ghaziabad, too, witnessed a fall of 8 per cent to 6,340 units from 6,890 units

Car dealers face inventory accumulation of 650,000 to begin new year

"We saw the best of records every month. We are entering 2024 on a high note for the industry. The fourth quarter of the financial year is always expected to be good," said Singhania

Time-consuming training, pilot shortages causing fog-related flight delays

During the pandemic, only a few pilots could train on these simulators as these enclosed spaces carried a high risk of transmission, exacerbating the challenge with simulator availability today

Hoteliers cash in on New Year festivities, no impact of Covid-19 resurgence

Some players said they have witnessed room for revenue growth of 19 per cent in the year-end compared to the same period last year

Oil industry in 2024: Varied outcomes expected across value chain

The correction in tanker rates in owing to easing of Covid-related supply chain constraints, however the recent attacks on cargo ships in the Red Sea remains a monitorable