Page 676 - Industry News

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

Go First lenders to not release more funding to grounded airline: Report

"Now the situation is quite different and the future is bleak," said a banker with a state-run bank that has exposure to Go First

12 Gw thermal power by next year to meet high demand, says R K Singh

Singh said most states agreed to enhance generation capacity - both conventional (coal) and renewable

Renew Power plans to invest Rs 44,000 cr by FY26: CEO Sumant Sinha

When asked about the impact of hardening yields, he said the company is preferring to borrow domestically, where the bank is flush with liquidity and is avoiding any overseas borrowing

MSMEs getting major business from public procurement portal GeM: Singh

Total procurement of goods and services from the platform has crossed Rs 2 trillion so far this fiscal.

India seeks to provide MSMEs access to govt buying of different countries

Several countries give preference to micro, small and medium enterprises (MSMEs) in their public procurement

Power plants to run at full capacity as electricity demand rises: Singh

He met with his counterparts in states and union territories and shared his views on steps being taken to address the growing power demand in the country

Retail sales of automobile in domestic market dip 7.73% in Oct: FADA

Two-wheeler retail sales were at 15,07,756 units last month, as against 17,25,043 units in the year-ago period, down 12.60 per cent, as per the latest data by FADA

Punjab approves religious tours scheme, announces festival sop for traders

The Cabinet also gave it's nod to start Mukhyemantri Tirath Yatra scheme and also to double the Ex-Gratia grant of disabled soldiers

India to remain top importer of coking coal: ISA President Oommen

Coking coal is a key raw material that is used to manufacture steel through the blast furnace route

Bihar tables bill in assembly to replace ordinance on 28% GST on e-gaming

The state would certainly get additional revenue following the imposition of the higher tax rate, he said

Govt to make investments worth Rs 33,129 cr during 2nd World Food India

Companies such as Amul, ITC, Mondelez, Kellogg's, AB InBev, IB Group, Balaji Wafers, Ananda Dairy, Fertis, and Bikanerwala were among the signatories, it said

L&T arm secures Bhogapuram International Airport project in Andhra Pradesh

L&T Construction have secured a large project from the GMR Visakhapatnam International Airport Limited for the engineering, procurement and construction of the airport project

Construction equipment sales rise 31% to 30,078 units in Q2FY24: ICEMA

"Of these (30,078 units), domestic sales accounted for 27,423 units while 2,655 units were exported," it said

Solar module manufacturing capacity to touch 60 GW mark by 2025: ICRA

The PLI scheme is expected to change this, with integrated module units expected to come up in India over the medium term

Mundra Port sets new record of handling cargo volumes of 16.1 MMT in Oct

According to the statement, Mundra witnessed a double-digit growth on a Y-o-Y basis for containers (+10 per cent) and liquids and gas (+14 per cent)

India to remain export mkt for coking coal; rising prices a concern: ISA

Coking coal is a key raw material that is used to manufacture steel through the blast furnace route.

Amid increased consumption in India, IEX's electricity volume up 21%

According to the data for October published by GRID-India, the country's energy consumption jumped 22 per cent to 139 billion units as compared to that in 2022

Egg freezing industry likely to touch Rs 25,000 crore mark in 10 years

According to industry experts, the egg-freezing market in India is still in its early stages but is poised for growth in the coming years

DGCA committee may conclude graft probe against senior official in a week

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