Page 628 - Industry News

Sportswear brands ride the athleisure wave, double India biz in two years

Puma, Decathlon, Adidas, Skechers, and Asics have registered growth in the range of 35 to 60% year-on-year since the financial year 2020-21 (FY21)

SRK, smartphone & Scale: Box office booms for entertainment, OTT in trouble

Media & entertainment has done very well in the physical world. It is the virtual one that is in trouble

Trade generics growth to dent value expansion of domestic drug market

Jan Aushadhi and trade generics together constitute 20-22% of pharma market volumes

Residential realty's robust run, housing demand up 6-9% in top 8 cities

As the industry consolidates, residential developments are being executed by a handful of large developers who have successfully navigated the economic challenges posed by the pandemic

India's battle against scam epidemic: Govt, telcos tackle rising frauds

In this part of the year-end series, we unravel the web of tele-frauds and spams

Hotel demand surge in HP; record 28,210 vehicle cross Atal Tunnel in a day

The hoteliers are upbeat as the local MeT office has predicted rain in mid hills and rain and snow in higher hills on December 30 and 31. The occupancy is around 90 per cent

AHPI welcomes proposed regulator exclusively for health insurance

The AHPI, representing a vast majority of private sector hospitals in the country, is also represented on the IRDAI advisory for the healthcare sector

Gujarat industrial policy aims to make state global biz hub: Stakeholders

In a push for 'Aatmanirbhar Gujarat', the policy supports MSMEs by funding up to 65 per cent of the cost of acquiring foreign patented technologies

Govt to focus on coal-fired power generation in 2024 for energy security

India has installed power generation capacity of about 426 GW, including more than 213 GW of coal and lignite-based projects

Shops must have 60% Kannada language nameplates by Feb 28: BBMP chief

After issuing the notice, they will be given time till February 28 to implement Kannada language nameplates and submit compliance to the respective zone commissioners," Tushar Giri Nath said

Big tech firms nearly pause recruitment in India amid global slowdown

These companies have registered a 90% decline in active job postings in India in 2023 when compared to the last year, according to a report

India set to acquire five lithium blocks in Argentina spotted by KABIL

To invest Rs 200 crore over 5 years for exploration and development

Almost normal: Consumer sentiment soared to near pre-pandemic levels in Nov

The World Bank reported that over 80 million Indians made their first digital transaction after the pandemic

Office demand jumps 92% in Oct-Dec in top 6 cities in 2023: Colliers

Real estate consultant Colliers India report shows that gross leasing of office space stood at 20.2 mn sq feet in the fourth quarter of this calendar year from 10.5 mn sq feet in the year-ago period

Chhattisgarh govt tightens norms on utilisation of funds released from DMF

The mineral resources department issued a notification last week for the implementation of the Chhattisgarh District Mineral Foundation Rule-15

India's steel production grows 11% to 11.7 MT in Nov 2023: Worldsteel

During January-November, the country's production was 12.1 per cent higher year on year (y-o-y) at 128.2 MT, the global body said in its latest report

FMCG flavours: Better volumes and rural demand revival uptick in 2024

The sector, which has a high growth potential especially in an emerging market like India, is anticipating 2024 to be a "better year" with favourable input prices benefitting Home and Personal Care

Link road to Mopa airport to be completed by April: Gadkari in Goa

The Union minister reviewed the appointment of a consultant for a 'Ring Road' to curb congestion on the Goa stretch of the Mumbai-Kanyakumari and Goa-Hyderabad highways, he said

Airlines can save Rs 1,000 cr annually with use of flexible airspace: Govt

The Indian Air Force controls 30 per cent of the national airspace and out of that, 30 per cent has been released as upper airspace under flexible use of airspace, the release said

Himachal to charge 8% stamp duty on corp mergers, separations: Minister

Leader of Opposition Jairam Thakur said that on one hand the government is trying to woo industrialists from Dubai and on the other hand, it is imposing such conditions for them