Page 640 - Industry News

India should actively raise disputes against WTO incompatible schemes: GTRI

GTRI said for raising disputes, the government would require a professional setup akin to the US Trade Representative and a robust panel of experts as the current set up lacks depth

Electric buses penetration set to double to 8% next fiscal: Report

Favourable contracting terms under the GCC model, such as assured rentals, fee revision linked to inflation, and absence of traffic risk have aided the e-bus adoption thus far

Flexible office space market may rise to over Rs 14,000 cr in FY24: Report

As per the report, the annual co-working market size in terms of rental income is estimated to rise to Rs 14,227 crore this fiscal from Rs 8,903 crore in the previous year

Hyderabad most booked city, UP most visited state this year: Oyo Report

The period from September 30 to October 2 recorded the highest bookings among all long weekends in the year, OYO said in a statement

Sugar output down 11% at 7.4 mn tonne during Oct 1-Dec 15 of 2023-24 mkt yr

With Prime Minister Narendra Modi facing election next year, India, which is highly sensitive to food inflation, was likely to ban sugar exports, the first restriction on exports since 2016

Smaller towns turn big market for Apple, account for 60% of iPhone sales

Earlier, tier-1 cities accounted for 65-70% of Apple's sales, however, this has changed in the last few years

IT hiring easier than last year; founders hopeful of resumption in funding

Even as the technology sector witnessed a decline in funding across the globe, founders are hopeful that a 'warmer funding season' is on its way in 2024

Sembcorp signs deal with Japanese firms to export green ammonia from India

The agreement will also expand Sembcorp's footprint in India where it already has a gross renewable portfolio of 3.7 giga-watts (GW), it added

Indian alcohol cos seek elimination of 'non-tariff barriers' in EU markets

For a beverage to be considered "whisky" in the EU, it has to be at least three years or more old. For "brandy", this time is one year

CPCL mobilises 4 agencies from Chennai, Mumbai, Paradip to clear oil slick

For removing the oil traces from the water surface, the CPCL said around 20,000 absorbent pads have been used

Festivals, weddings may struggle to liven up paint firms' prospects

But lower commodity prices are likely to support margins

New era in space exploration: India's moon landing & solar venture

According to the Indian Space Association (ISpA), till November-end, Indian space startups amassed $124 million in funding, compared to $120 million in 2022

India cautious as Tesla yet to share electric vehicle launch pricing

The Texas-headquartered electric vehicle (EV) manufacturer has not disclosed pricing details for the introduction of its cars in the Indian market

MoUs worth over Rs 770 cr signed at adventure tourism convention in Gujarat

The annual convention organised by the Adventure Tour Operators Association of India supported by the Tourism Corporation of Gujarat was inaugurated today at the Statue of Unity in Ekta Nagar

Hospitals see 7-8% surge in patient footfall, new investments in 2023

Jose told Business Standard that investments in medical equipment and increasing bed capacities have picked up in 2023 after a hiatus during the Covid19 period

Govt likely to table Telecommunications Bill 2023 in Lok Sabha on Monday

The draft Telecommunications Bill released in 2023 had proposed to bring the internet based calling and messaging apps under the definition of telecommunications to enhance users' safety

India's Akash missile engages four targets at once at 25km, a global first

The Akash, with a range of up to 25 km, is a short-range surface to air missile primarily used for protecting vulnerable areas and points from air attacks

Govt to help exporters maintain documentation to deal with US duty cases

Before imposing countervailing or anti-subsidy duty (CVD), a country carries out detailed investigations on products which it believes that its trading partner is subsidising for export purposes

Wedding season: Durable makers witness pickup in sales of products

The industry, which concluded the festive sales with a growth of 15-20 per cent mainly driven by premium products, got a further boost during the wedding season

Diesel sales recover after Diwali drop but still lower than last year

Industry officials said the November dip in sales was largely on account of some truckers taking Diwali break to visit their homes