Page 644 - Industry News

Housing sales value to top 38%, cross Rs 4.5 trillion in 2023: Report

Sales value in nine months of 2023 exceeds that recorded in the whole of last year: Anarock Group

CM Kejriwal flags off 500 electric buses in Delhi taking total to 1,300

Earlier, SC stressed the need to stop crop residue burning, which affects air quality in the Delhi-Nationaanil Capital Region (NCR) and asked state governments to take steps to curb pollution

Gautam Adani's copper foray may further tighten global supply of ore

India's imports of copper concentrate could grow to as much as 2 million tons in 2024, from 1.3 million tons estimated for this year, said Soni Kumari, commodity strategist at ANZ Banking Group

Booming Indian coal demand driving up the shares of state-run giants

NTPC, which produces mostly coal-fired power, has surged 78%, far ahead of a gain of 17% in the broader Nifty Index, while shares of Coal India are up 55% for their best year in 2023

Nasdaq hit by system error affecting thousands of trades, nixing some

The incident, starting around 2:30 p.m. New York time, involving "certain FIX/RASH order entry ports," Nasdaq said in an emailed statement that didn't elaborate on the cause

Tiruppur's sustainable fashion materials gain traction in global market

Seeing interest from Primark, Marks & Spencer, Tesco, Decathlon

Amendments to SEZ Act to spur commercial office space leasing: CRISIL

Crisil said the SEZ Act was introduced to drive exports by providing tax exemptions for companies operating within such areas

India shouldn't oppose consensus on 6GHz use at global talks: GSMA

Says major nations close to agreeing on capacity requirements of 5G and beyond

Enough jobs exist for smart people: Info Edge's Sanjeev Bikhchandani

Bikhchandani said there is no funding winter for good companies, and there never was

Tamil Nadu software exports hit $4.8 bn, top among all states: Minister

The Minister for Industries said the software exports from the state could hit $ 8billion this financial year, marking a 'significant leap' from last year's $5.37 billion

Manufacturing sector expected to reach $1 trn by 2025-26 led by Gujarat

The automobile, electronics, and textile sectors in India have witnessed surge in investment and will lead the manufacturing sector's growth in India, according to a report by Colliers

Services exports hit $192 bn so far this FY24, likely to reach $400 bn

Services Export Promotion Council (SEPC) said that key sectors which are recording healthy growth rates include telecom, computer, information, and transport and travel

NMET-funded 11 mineral blocks auctioned, six under process: Coal minister

NMET receives proposals from exploration agencies and the proposals are sanctioned by the Executive Committee which meets regularly

Loss of patents: Indian pharma companies gain, shows PharmaTrac data

While MNCs posted a 5 per cent five-year compound annual growth rate (CAGR) in the chronic segment, Indian pharma companies have recorded a 9 per cent 5-year CAGR

Blue-collar workforce in India saw 7% rise in hiring in 2023: Indeed report

Indeed, a global hiring and matching platform, surveyed 1,223 employers, 2,671 blue-collar jobseekers, and 2637 white-collar jobseekers

RBI authorises Bandhan Bank to disburse pension to retired railway workers

The mandate will give the bank access to around 50,000 retirees each year across 17 zonal offices and eight production units of the railways across the country

Capability, innovation hub mkt to nearly double to $117 bn by 2027: Report

Units engaged in oursourced work of overseas clients are referred as CIHs (capabilities and innovation hubs).

Indian-American VC urges govt to reduce rules, regulations for startups

India under Prime Minister Narendra Modi-led government has made amazing progress in the digital domain, he said

For EV battery infra: Gogoro open to commit billions to India story

Taiwan's electric vehicle giant unveils first e-scooter in India

Year of blockbusters set to end with record Box Office collection

Bollywood movies' domestic mop-up tops pre-pandemic mark, riding on four Rs 500 cr-plus films