Page 674 - Industry News
IBM, Amazon Web Services collaborate to set up innovation lab in Bangalore
"Clients can now experiment with the latest cloud-enabled technologies including generative AI in our lab, before actually implementing and scaling solutions on AWS," Malhotra said
 "IBM, Amazon Web Services collaborate to set up innovation lab in Bangalore")
Life Insurance companies reports 7.64% YoY rise in new business premiums
ICICI Prudential Life Insurance inched up by 2.00 per cent YoY to Rs 8739.05 crore while Max Life Insurance recorded 27.87 per cent growth to Rs 5004.1 crore
 "Life Insurance companies reports 7.64% YoY rise in new business premiums")
Trai asks Principal Entities to onboard digital consent acquisition system
TRAI in its endeavour to curb the menace of spams through Unsolicited Commercial Communications (UCC) has taken various measures in recent past
 "Trai asks Principal Entities to onboard digital consent acquisition system")
Tata Steel CEO expresses concern over India's rising steel imports
Tata Steel CEO & MD T V Narendran said Tuesday that The government has assured of intervention, if the steel imports remain on a rise.
 "Tata Steel CEO expresses concern over India's rising steel imports")
SP group in talks with PE firms to sell Gopalpur port, other assets
The talks with private equities and other investors were initiated after JSW Ports and the Adani group made offers of around Rs 3,000 crore to acquire Gopalpur Port
 "SP group in talks with PE firms to sell Gopalpur port, other assets")
India pitches for equitable access to essential healthcare products
"We must collaborate further to identify innovative approaches that will enable sustainable and equitable access to these critical tools"
 "India pitches for equitable access to essential healthcare products")
Govt looking into dumping issue of certain steel products: Steel Secy
According to SteelMint India, the country's steel imports were higher at 0.46 Million Tonnes (MT) in October, compared to 0.24 MT exports
 "Govt looking into dumping issue of certain steel products: Steel Secy")
Fertilisers & diamonds may be hit slightly due of Mideast crisis: Crisil
The agency said it is closely monitoring the developments and will assess the impact on credit quality
 "Fertilisers & diamonds may be hit slightly due of Mideast crisis: Crisil")
National Coal Index increases to 143.91 points in September: Coal Ministry
The index is meant to encompass all transactions of raw coal in the Indian market
 "National Coal Index increases to 143.91 points in September: Coal Ministry")
TPDDL, IIT-Roorkee sign MoU for development of energy saving solutions
he collaboration with IIT Roorkee signifies a harmonious blend of our experience and their academic brilliance, Srinivasan said
 "TPDDL, IIT-Roorkee sign MoU for development of energy saving solutions")
Fintech can emerge as substitute for traditional banking, says RBI's CAFRAL
CAFRAL, a not-for-profit organisation, was set up in 2011 as an independent body by the RBI to promote research and learning in banking and finance
 "Fintech can emerge as substitute for traditional banking, says RBI's CAFRAL")
Realtors gear up for firecracker Diwali, offers slew of attractive schemes
Flexi payment plans, iPads, and Amazon vouchers on offer for festival buyers
 "Realtors gear up for firecracker Diwali, offers slew of attractive schemes")
New investment demand likely to taper in second half of FY24: ICRA
The report also notes that as many as 628 projects with an anticipated completion cost of Rs 7.7 trillion are scheduled to be completed in H2 FY24
 "New investment demand likely to taper in second half of FY24: ICRA")
Over 80% biz making partially automated payments to suppliers: Survey
As per the survey, 34 per cent of businesses that haven't fully automated their payments are seeking partners for the purpose
 "Over 80% biz making partially automated payments to suppliers: Survey")
Green buildings can reduce emissions by 35%, maintenance costs by 20%
KPMG in India and Colliers' 'Sustainable real estate: An opportunity to leverage' report finds developers moving towards sustainable real estate despite costs increasing by 5-15%
 "Green buildings can reduce emissions by 35%, maintenance costs by 20%")
FMCG industry logs 8.6% volume growth in Q2 on easing inflation: NielsenIQ
When inflation was at a record high, the FMCG industry had a high price-led growth in the last 5-6 quarters, though the volume was under stress
 "FMCG industry logs 8.6% volume growth in Q2 on easing inflation: NielsenIQ")
PLI disbursement for white goods expected to start from Q4: DPIIT Secretary
The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components
 "PLI disbursement for white goods expected to start from Q4: DPIIT Secretary")
India's steel capacity crosses 161 MT mark, sector poised for growth: Govt
Steel Secretary Nagendra Nath Sinha on Tuesday revealed the data while addressing the 4th Indian Steel Association (ISA) Steel Conclave' event in New Delhi.
 "India's steel capacity crosses 161 MT mark, sector poised for growth: Govt")
BS BFSI Summit 2023: Professionally run mfg cos to drive PE growth in India
PE investment to flow to financial, healthcare, and consumer sectors
 "BS BFSI Summit 2023: Professionally run mfg cos to drive PE growth in India")
Festive season: Residential real estate sector witnesses robust demand
The festive season provides the one last thrust to residential real estate activity in India, according to Colliers India
 "Festive season: Residential real estate sector witnesses robust demand")