Page 672 - Industry News

India's fuel consumption rises 9.3% in October to 19.2 million tonne

Consumption of fuel hit 19.2 million tonnes (mt) in October, up from 18.2 mt in the same month last year

Health, holiday, happiness and more: Diwali wish list of India Inc honchos

The first big Diwali after the pandemic has industry leaders approaching the festival in a contemplative mood

FMCG sales pick up on festival boost in October, shows Bizom data

Excluding branded commodities, sales up 7% in Oct: Bizom data

If 4 firms come to dominate media market, what will that mean for everyone?

The battle for dominance in media and entertainment is now being fought among a handful of firms

E-commerce order volumes up 37% this festival season: Unicommerce

In addition to the substantial growth in order volumes, the gross merchandise value (GMV) also saw an increase of 22 per cent during the same festive period

At 1.1 bn, Amazon records highest ever visits in Great Indian Festival 2023

Great Indian Festival 2023: The e-commerce giant also said that in the premium segment, it sold 2.5X more smartphones as compared to last year

Mobile phone players oppose TEC proposal on direct TV broadcast on handsets

ICEA expects that the cost of adding ATSC 3.0 chips would incrementally increase the cost per phone, which in turn would have to be passed on to the consumer

Soymeal exports likely to pick up soon as global prices rally: Report

US soymeal futures jumped 20% in five weeks as erratic weather has caused problems in the world's No. 1 exporter Brazil

Asian airlines eye growth as int'l passenger traffic soars by 171% till Oct

As per the Asia Pacific Airlines' Association, the number of international air passengers in Asia Pacific reached 79 per cent of 2019 levels in September 2023.

India reaches 60 GW high-end solar module manufacturing capacity: AISMA

There are over 100 solar module manufactures in country and capacity of selected 27 module manufactures is 50 GW

Commerce ministry panel reviews guidelines for elections of EPCs, FIEO

In May this year, the ministry decided to review the eligibility criteria for the election to make them more inclusive and representative

Real estate markets across Asia-Pacific face interest rate pressure: Report

Colliers' Q3 2023 APAC Cap Rates Report shows strong global sentiment towards the Indian real estate market, particularly in the industrial sector

Pollution rising, India Inc gets into action to help employees breathe easy

Response to rising AQI: Firms offer low-cost EV loans, install air purifiers, allow hybrid work

India ranked 5th for green skill intensity in 2022: TeamLease report

The study underlined India's pledge to reach a 500 GW clean energy goal by 2030 that has resulted in an 81 per cent YoY surge in demand for green jobs in January 2023

IT hubs push home rent in India up 30% in first 9 months of 2023: Anarock

The highest jump in home rent of 31% was recorded in the Whitefield region in Bengaluru

Centre to disburse Rs 400 cr to 20 firms under PLI scheme for telecom gear

All of these 20 companies, including Nokia and Jabil, have met their targets under the production-linked incentive scheme for manufacturing telecom goods

Amazon's products may soon be delivered in recyclable paper packing

Amazon has designed a new machine that makes recyclable, made-to-fit paper packages for products

Piyush Goyal to meet Tesla's Musk amid market entry talks: Report

Tesla and India have been in talks for several months with the US carmaker open to setting up a factory but also keen to get lower import taxes for some of its high-end vehicles

Meta announces new policy for advertisers to curb AI-curated misinformation

The policy also asks for altered media depicting a realistic event that allegedly occurred, but that is not a true image, video, or audio recording of the event, to be disclosed

Samsung, Qualcomm flag concerns with India's push for live TV on phones

India is considering a policy to mandate equipping smartphones with hardware to receive live TV signals without the need for cellular networks