Page 663 - Industry News

Paper imports surge 43% in Apr-Sept fueled by jump in Asean shipments

The Directorate General of Commercial Intelligence and Statistics (DGCIS) data showed that imports of paper and paperboard jumped to 959,000 tonnes in April-September 2023-24

Govt considers revising PLI scheme for telecom to spur 5G adoption

Rs 1,500 crore sits unutilised as only 20 of the 42 companies met their targets at the end of the financial year in March 2023

iPhone sales continue to surge; iPad, Macbook shipments set to decline

Apple's iPhones contribute more than 85% of the company's revenue from India

Hoteliers optimistic on current economic scenario, future prospects: Report

Business sentiment among Indian hoteliers continues to remain strong, with nearly half (49 per cent) reporting an increase in average room rates

Amazon India to use India's rivers, backwaters for transporting packages

Signs agreement with govt, to be first e-commerce player to use inland waterways

Track changes: Accidents on rise as Railways grapples mounting pressure

In recent years, the railways has been able to curtail consequential accidents, defined as the ones that cause loss of life, several injuries, and loss of rail property and stoppage of rail traffic

Healthcare advertisements most violative in H1FY24, shows Asci report

Influencer cases made up 22% of the ads processed by Asci. The list of non-compliant cases included actor Amitabh Bachchan, who violated the code on eight counts

Lenders of Jet Airways ask JKC to produce air operator certificate

The lenders said 13 crore out of the 200 crore payment towards the total amount came 'from other sources'

DGCA suspends Anil Gill; Scindia says 'zero tolerance to malpractices'

It has been alleged that Anil Gill, as Director of the Flying and Training Division at the DGCA, misused his authority to obtain three aircraft as bribes from flying schools

Samsung, Apple phones' exports to drive electronic goods shipments: DGFT

Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said there has been an "exponential" jump in exports of electronics goods from India

Coca Cola India in tie-up with Luxmi Group's Makaibari for iced green tea

The bottled iced green tea was formally launched on the second and concluding day of the Bengal Global Business Summit

ASCI finds healthcare most violative sector in advertising: Report

Among the complaints processed by the Advertising Standards Council of India (ASCI), 99.4% of influencer advertisements were found in violation

Diwali witnessed 49% rise in online sales, K-shaped recovery continues

Shopping trends during the festive season indicated a K-shaped recovery in the economy, as the items related to mass consumption struggled, but the premium products registered a surge in sales

Despite hiring slowdown, top IIT students receive offers worth over Rs 1 cr

The highest pre-placement offer (PPO) at IIT Guwahati stood at Rs 1.10 crore as five students received offers above Rs 1 crore

Global smartphone market sees growth after over 2 yrs in October: Report

The data showed that global monthly smartphone sell-through volumes grew 5%, making October the first month to record year-on-year growth since June 2021

Tamil Nadu in process of developing green hydrogen hub: Minister Rajaa

"Our state, led by Chief Minister M K Stalin, is policy driven and has a clear vision of inclusive, sustainable growth. Tamil Nadu is among the few states with a future-ready EV policy," Rajaa said

Domestic air traffic touches new peak with 4,59,526 passengers on Nov 20

On November 20 (Monday), there were 4,59,526 passengers and the total flight movements stood at 5,958, as per the latest official data

Dining out to getting fit, Indians pumped life into experience economy

The insights are based on the purchasing trends and patterns from the two months leading up to Diwali

1 mn electric 2-wheelers sales target for FY24 hit by tepid festival sales

Slack festive season sales throw a spanner in the throttle

Reliance Industries to pump Rs 20K cr more into Bengal, says Mukesh Ambani

Mamata invites industry to participate in Tajpur port tender