Page 669 - Industry News

Revlon to double business in next 2 yrs in India, to open 300 more outlets

For the financial year ended on March 31, 2023, Revlon's turnover was around Rs 200 crore

Servotech Power Systems to instal 5,000 EV charging stations across India

Servotech EV Infra is well positioned to capitalise on this growth, with its strong track record and expertise in the EV charging technology, the company said

60% of businesses 'off track' to meet sustainability goals: Report

To get a broad sense of environmental concerns around the world, Bain surveyed 23,000 consumers, and the results underscored the growing urgency of sustainability topics

Emirates signals to hold off on major Airbus purchase over engine worries

Emirates is a heavyweight when it comes to East-West travel out of Dubai International Airport, the world's busiest for international travel

Govt to invite bids for 20 critical mineral blocks in 2 weeks: Mines secy

Lithium and REEs have gained significance keeping in mind the country's commitment towards energy transition and achieving net-zero emission by 2070

BSNL likely to award Rs 1,000 crore 3-yr OTN equipment contract to Nokia

Other companies that have applied for the BSNL contract include domestic vendors like United Telecoms (UTL), and Tata Group company, Tejas Networks

PRS Oberoi, pioneer of Indian hospitality industry, passes away at 94

In 2008, Oberoi was awarded the Padma Vibhushan, India's second-highest civilian honour for his contributions to the hospitality industry

Centre weighs five-year tax cuts on EV imports to woo Tesla: Report

Opening up the EV segment could speed up the adoption of cleaner transport in a country that currently has the world's most toxic air

IT services companies chase large deals for higher revenue, faster growth

IT companies consider deals at or above $100 million as large deals while deals at or above $500 million are categorised as mega deals

US govt announces steps to free up more wireless spectrum for advanced tech

The White House has said additional spectrum is key to next-generation wireless service and a variety of advanced technology, infrastructure and government needs

Govt may tweak textile PLI scheme to attract more private players

The textiles ministry has sought the Cabinet's approval to add more product lines under the scheme

Coal ministry to ensure adequate availability of dry fuel at thermal plants

Coal stocks have started building up at thermal power plants and have reached around 20 MT. At various mines, the stock is at 41.59 MT

MoRTH proposes uniform cyber security & management system for four-wheelers

Cybersecurity means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components

Pilot launch of revamped eRBC system for exporters from November 15

It added that the revamped eBRC system's user guide and Frequently Asked Questions (FAQs) will be available on the DGFT website

E-commerce, telecom, BFSI most sought-after sectors by freshers: Survey

"The tremendous growth in our user base is a testament to their aspirations and our commitment to nurturing their talents," said apna.co founder and CEO Nirmit Parikh

India's vegetable oil imports up 16% at 16.71 mn tonnes in 2022-23 oil year

India's vegetable oils import rose 16% to 16.71 mn tonnes in the current oil year that ended in October 2023, driven by lower duty on certain edible oils, industry body SEA said on Monday

Festive cheers! Ecommerce platforms, online brands sales shine on Diwali

More than 50% of the total festive sales have come through online platforms, against 45% in 2022

Bangladesh workers' protest: 150 factories shut, cases against 11k workers

Bangladesh's garment workers earn $95 a month as minimum wage and are demanding a minimum wage of $208 a month

Trai asks telecom companies to quickly deploy consent driven anti-spam tech

Telcos say businesses dragging feet on new Digital Consent Authorization

Hit by regional factors, cement makers witness uneven volume growth in Q2

Dalmia Cement, a dominant player in the East Indian market attributed its lower growth volumes to the lingering impact of a failed strategy tried in the June-23 ended quarter