Page 655 - Industry News
Tea production rises 12.06% to 182.84 million kg in October: Industry body
Tea production in the country increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.
 "Tea production rises 12.06% to 182.84 million kg in October: Industry body")
India's construction sector levels up as housing demand spurs economy
The construction sector grew 13.3% in July-September from a year earlier, up from 7.9% in the previous quarter and its best performance in five quarters, the data released on Thursday showed
 "India's construction sector levels up as housing demand spurs economy")
Dark patterns: Govt sets guidelines of the game for digital business
These are tactics used by online platforms to manipulate or heavily influence customers to make certain choices
 "Dark patterns: Govt sets guidelines of the game for digital business")
Quite a fast charge: Indian smartphone users world's top data consumers
The research is based on Ericsson's Mobility Report for 2023, which was released globally on Thursday
 "Quite a fast charge: Indian smartphone users world's top data consumers")
Railway ministry raises freight rates for transportation of automobiles
Short-distance rates see major rise in modern auto-carrier wagons
 "Railway ministry raises freight rates for transportation of automobiles")
Top gear: Two-wheelers lead the line for auto festival sales this year
The Federation of Automobile Dealers Associations (FADA) data showed a 19 per cent growth in auto sales during the 42-day festival period in 2023
 "Top gear: Two-wheelers lead the line for auto festival sales this year")
UP RERA issues notices to 130 promoters over illegal real estate ads
The regulator also noted non-compliance with its recent orders by a majority of promoters despite being granted time during a review by UP RERA Chairman Sanjay Bhoosreddy
Land set aside for India's first solar expressway in Uttar Pradesh
The solar project will cater to the energy needs of the houses along the expressway and serve as a foundation for e-mobility and local socioeconomic development
 "Land set aside for India's first solar expressway in Uttar Pradesh")
Coal production increases 11% to to 84.53 million tonnes in November
India's coal production rose by 11.03 per cent to 84.53 million tonnes (MT) in November compared to 76.14 MT in the corresponding month of the previous fiscal.
 "Coal production increases 11% to to 84.53 million tonnes in November")
Innovation in APAC, Japan on rise; govt driving digital transformation: AWS
According to Sharma, Digital India and the rise of digital public infrastructure over the past years have demonstrated how technology can be leveraged to impact citizens' outcomes at scale
 "Innovation in APAC, Japan on rise; govt driving digital transformation: AWS")
New US rules aimed at curbing China could limit tax credits for EVs
The White House hopes the new tax-credit rules will encourage development of auto-supply chains in the US
 "New US rules aimed at curbing China could limit tax credits for EVs")
Fantasy sports companies get World Cup boost, witness growth in revenue
Spurred by increased traffic, gaming unicorn Dream11, the largest Indian platform for fantasy gaming, breached the 200 million-threshold of registered users on its platform
 "Fantasy sports companies get World Cup boost, witness growth in revenue")
Credit metrics of India Inc may improve to 4.5-5 times in Q3 FY24: ICRA
The 1.6 per cent year-on-year (YoY) and 0.1 per cent sequential revenue growth for corporate India in Q2 FY2024 was supported by steady demand
 "Credit metrics of India Inc may improve to 4.5-5 times in Q3 FY24: ICRA")
Minor to medium level collapses happen in tunnel projects usually: NHIDCL
"As per the SOP (standard operating procedure), once the main tunnel construction is complete, the escape carriageway work is taken up"
 "Minor to medium level collapses happen in tunnel projects usually: NHIDCL")
Deepfake is not in our interest, firm complies with all local laws: YouTube
The video platform also removed 9,63,000 videos for violating its spam, deceptive practices and scams policy
 "Deepfake is not in our interest, firm complies with all local laws: YouTube")
Govt seeks enhanced Interpol channels to prevent crimes on real-time basis
The Indian team also held detailed discussions on matters of police cooperation
 "Govt seeks enhanced Interpol channels to prevent crimes on real-time basis")
Corporates to utilise more flexible office spaces in next 3-4 years: Report
"The flex penetration in the Indian office market is set to cross double digits in the next 34 years, up from 6-7% currently," Colliers India CEO Badal Yagnik said in the report
 "Corporates to utilise more flexible office spaces in next 3-4 years: Report")
Delhi Customs recovers illegal foreign cigarette sticks worth Rs 55.23 lakh
During the investigation, one accused was arrested for violation of the Customs Act, 1962 and later released on bail. Further investigation into the matter is in progress, it added
 "Delhi Customs recovers illegal foreign cigarette sticks worth Rs 55.23 lakh")
Punjab CM Mann hikes sugarcane price by Rs 11 per quintal to Rs 391
He said farmers will again be forced to protest if the government does not hike cane prices "as promised"
 "Punjab CM Mann hikes sugarcane price by Rs 11 per quintal to Rs 391")
India's power consumption grows 8.5% to 119.64 bn units in November
They said power consumption grew in August, September, and October, mainly due to humid weather conditions and also perk up in industrial activities ahead of the festive season
 "India's power consumption grows 8.5% to 119.64 bn units in November")