Page 643 - Industry News
Centre allows notified pvt exploration agencies in mineral blocks auction
The ministry further said it has also launched a new scheme to directly sanction projects for exploration of critical and deep-seated minerals to notified private exploration agencies (NPEAs)
 "Centre allows notified pvt exploration agencies in mineral blocks auction")
AI accelerating disruption leads to IT talent shortage, shows survey
Skillsoft's '2023 IT Skills and Salary Survey' is based on inputs from more than 5,700 global IT professionals, including leaders and staff members
 "AI accelerating disruption leads to IT talent shortage, shows survey")
Defence ministry signs over Rs 5,300 cr deal with Bharat Electronics Ltd
It said the project aims to achieve self-sufficiency in ammunition manufacturing, obtain critical technologies, and secure stock affected by supply chain disruption
 "Defence ministry signs over Rs 5,300 cr deal with Bharat Electronics Ltd")
Lanco Amarkantak Power creditors to vote on Adani Power's Rs 4,100 cr bid
An unsolicited bid of Rs 3,650 crore was submitted by Adani Power, which was later improved to Rs 4,100 crore
Telecom infrastructure providers flag permission issues in Uttar Pradesh
DIPA has urged the Uttar Pradesh Government to clear all the pending applications at the earliest for faster rollout of 5G services in the state
 "Telecom infrastructure providers flag permission issues in Uttar Pradesh")
Gujarat's dedicated semiconductor policy drawing global players, says govt
The increasing reliance on semiconductors has become the bedrock of global technological advancements across industries, from computing and communication to healthcare, said the release
 "Gujarat's dedicated semiconductor policy drawing global players, says govt")
Govt using space tech to track multiple projects, boost development: BJP
India now ranks fifth among space-faring countries to have end-to-end technology, the minister said, expressing confidence it will succeed in sending a manned mission to the Moon by 2040
 "Govt using space tech to track multiple projects, boost development: BJP")
Zydus Lifesciences gets final FDA nod for Darunavir for HIV-1 treatment
According to market research firm IQVIA, Darunavir Tablets, 75 mg, 150 mg, 600 mg, and 800 mg had annual sales of $275 million in the US
 "Zydus Lifesciences gets final FDA nod for Darunavir for HIV-1 treatment")
Why large consumer brands have a lot at stake in Disney, Sony deals
The first of these two transactions may come as early as Monday and would see Walt Disney Co. enter into a non-bidding agreement with Mukesh Ambani to merge their media businesses in the country
 "Why large consumer brands have a lot at stake in Disney, Sony deals")
Govt to invest Rs 1,000 cr in handloom, handicraft sector in 5 years
The official said the central government has been working on the design aspect of the handloom and the handcrafted heritage of India
 "Govt to invest Rs 1,000 cr in handloom, handicraft sector in 5 years")
Union Minister RK Singh targets 43% reduction of emissions by 2030
While highlighting the crucial discussions held during the recently concluded COP28, Singh underscored that per capita emissions in India are among the lowest globally
 "Union Minister RK Singh targets 43% reduction of emissions by 2030")
Critical mineral imports rise as shift towards green energy catches pace
India eyeing self-reliance amid supply risks from China
 "Critical mineral imports rise as shift towards green energy catches pace")
Indian carriers could incur up to $1.2 bn per year for 200 grounded planes
The standard monthly cost an active aircraft incurs is about $1 million and if it's grounded, the cost comes down to $0.5 million, according to CAPA's 'conservative' estimates
 "Indian carriers could incur up to $1.2 bn per year for 200 grounded planes")
ITU reaches global agreement to open new 6 GHz spectrum band for 5G, 6G
The Indian contingent played a more active role at the WRC 2023, which started on November 20, convening government representatives for negotiations on the allocation of radio-frequency spectrum
 "ITU reaches global agreement to open new 6 GHz spectrum band for 5G, 6G")
Business Standard wins two golds at afaqs! The Future of News Awards
Business Standard won in the categories of 'Best Business Programme' and 'Best Use of Infographics in a Business Story'
 "Business Standard wins two golds at afaqs! The Future of News Awards")
Average power purchase cost increases by 71 paise per unit during FY22-23
The projected peak demand as per the 20th Electric Power Survey (EPS) will be 2,77,200 MW in FY2026-27 and 3,66,400 MW in FY 2031-32
 "Average power purchase cost increases by 71 paise per unit during FY22-23")
Tamil Nadu's electronics export on road to $8 billion, says minister
According to industry experts, major reasons for the rise in exports is the 'China Plus One' strategy of global majors like Apple
 "Tamil Nadu's electronics export on road to $8 billion, says minister")
Asci updates guidelines for qualification of brand extension advertisements
The new guidelines specify that any variants launched under the brand extension will not be considered a fresh extension
 "Asci updates guidelines for qualification of brand extension advertisements")
Office leasing in BFSI sector between Jan-Sep at a decadal high: CBRE
Within the BFSI sector, demand for office spaces was led by Global Capability Centres in the top six cities in India: CBRE
 "Office leasing in BFSI sector between Jan-Sep at a decadal high: CBRE")
Biryani most ordered dish in 2023 on Swiggy for the eighth year in a row
India ordered 2.5 biryanis per second in 2023, and on the day of the World Cup 2023 finals, on November 19, India ordered 188 pizzas per minute
 "Biryani most ordered dish in 2023 on Swiggy for the eighth year in a row")