Page 652 - Industry News

Coal sector saw scams in past, transparent system now in place: Joshi

H said commercial coal mining has started in the country and it will bring efficiency and competition in coal production, attract investment and help create more jobs in the sector

You will be able to get SIM cards without paper forms from January 1

The move is expected to control the cases of SIM fraud and cut the telcos' cost of customer acquisition

Thanks to wedding season, hotel industry likely to sustain growth in H2FY24

There are likely to be 3,800,000 weddings during the ongoing season, according to the Confederation of India Traders (CAIT), which is expected to generate Rs 4.7 trillion worth of business

Apple looking for suppliers of crucial components in India, Taiwan, S Korea

Apple is facing delays in government approvals for imports of crucial components from existing suppliers, which are primarily based in China

Value addition in mobile phones needs to go up to 40%: Meity Secretary

Krishnan said that no country in the world can make 100 per cent of entire high technology products as the supply chain is spread across the globe

Indian carriers' on-time performance plummets in November, shows data

AIX Connect's OTP dropped from 83.33 per cent in October to 73.63 per cent

Rolling dice on tax changes: Investor interest in real-money gaming sours

Look to take measured bets in casual and mid-core games

PSBs given Rs 15,000 crore on ED action, says FM Nirmala Sitharaman

Finance minister said that over last two financial years, the number of non-performing asset accounts in the commercial banks have declined from 2.19 cr to 2.06 cr, showing decrease of 6 per cent

Most infra projects already sweat human capital in multiple shifts

Beyond 11 to 5, infra projects break limits, navigate local realities, industry execs react to N R N Murthy's fireside remarks

Telcos gross revenue rises 5.8%, govt spectrum usage charge declines 59%

The govt, as part of telecom reforms 2021, has announced to charge no SUC on spectrum that will be auctioned in future

Real estate pre-sales to show robust growth in FY24: Motilal Oswal report

Pre-sales provide visibility to the company's future cash flows and collections and act as critical inputs for developers to strategise and time their new product launches

Moth to a flame: Why are retail traders inexorably drawn to derivatives?

Why do sensible traders use these? Some hedge using F&O. Others play news-based events

Europe cautious, but will double GenAI investment in a year: Infosys

Spending shaped by concerns around ethics and bias, says research arm of Indian IT company

Gaming industry signs code of ethics for safe, trusted & accountable gaming

Joy Bhattacharjya, Director-General, FIFS, said that India's gaming sector is a sunrise sector, with almost 50 crore active users

Coal industry index grows to 18.4% in October, says Coal ministry

The growth in the index of coal industry can be seen due to a substantial rise in production of dry fuel in October to 78.65 MT, over 66.32 MT in the corresponding month of previous yr

US-based data analytics firm FICO launches its cloud platform in India

"We can deliver vehicle loans faster and more accurately," said Uttam Tibrewal, executive director, AU Small Finance Bank

Mineral output rises 11.5% in Sept: Data of Indian Bureau of Mines

The minerals that showed positive growth during September this year include manganese ore, gold, iron ore, coal and limestone

US-based Panattoni to invest Rs 110 cr for first warehousing park in India

"Panattoni views India as a critical node for its global business and plans to rapidly expand in the country in the coming years," Chanda said

Trai directs Jio, Airtel to clarify terms on unlimited 5G data offerings

Bharti Airtel and Reliance Jio have both clarified that unlimited does not equate to infinity as data usage is restricted by speed and network

Tea exports decline 4.93% to to 157.92 million/kg during Jan-Sep

Tea exports from India during January to September declined 4.93 per cent to 157.92 million kg, according to latest Tea Board data.