Page 680 - Industry News
Data centres to see Rs 45,000 crore investments till FY26, says Crisil
Mumbai remains the most preferred location because of availability of sub-sea cable landing stations
 "Data centres to see Rs 45,000 crore investments till FY26, says Crisil")
About 16.2 mn Indian workers need to be upskilled, reskilled in AI: Report
In August, ServiceNow announced its partnership with FutureSkills Prime a MeitY NASSCOM digital skilling initiative to build a future-ready workforce
 "About 16.2 mn Indian workers need to be upskilled, reskilled in AI: Report")
Two-wheeler wholesales inch closer to pre-pandemic volumes in Oct: Report
Hero said it was optimistic about demand due to its premium model launches and the onset of the festive season
 "Two-wheeler wholesales inch closer to pre-pandemic volumes in Oct: Report")
Education sector most targetted for cyber attacks in Apr-Jun: Study
In the education sector, the most prevalent threat was identified as W32.Neshta.C8. This malicious software has proven to be a formidable adversary
 "Education sector most targetted for cyber attacks in Apr-Jun: Study")
315Work Avenue leases 162,000 sq. ft. of shared office space to BNY Mellon
315Work Avenue now has five centres spread across 0.5 million square feet in Pune, totalling around 10,000 seats in the city and plans to double it by 2024
 "315Work Avenue leases 162,000 sq. ft. of shared office space to BNY Mellon")
7 out of 10 D2C merchants expect 4-times surge in festive sales: Report
To complement the pent-up demand and cater to the high number of orders, a number of merchants are investing in increasing their manufacturing and warehousing capacities
 "7 out of 10 D2C merchants expect 4-times surge in festive sales: Report")
Mumbai reports 4th highest rise in home prices globally: Knight Frank
The price rise was the steepest in Manila at 21.2%, followed by 15.9% in Dubai and 10.4% in Shanghai
 "Mumbai reports 4th highest rise in home prices globally: Knight Frank")
As stake value doubles, govt puts plans to sell ITC stock in cold storage
The Centre is getting around Rs 1,000 crore dividend annually from the cigarette-to-FMCG conglomerate for its 7.87 per cent stake
 "As stake value doubles, govt puts plans to sell ITC stock in cold storage")
M&M reports highest-ever SUV, commercial vehicle monthly sales in October
In the utility vehicle segment, Mahindra recorded the highest sales for the fourth consecutive month
 "M&M reports highest-ever SUV, commercial vehicle monthly sales in October")
Chief executives of Air India, Akasa joust over poaching of pilots
The rare verbal and written confrontations between the airlines' chief executives were detailed in the letter, sent by Campbell Wilson of Air India, which is owned by the Tata Group conglomerate
 "Chief executives of Air India, Akasa joust over poaching of pilots")
Despite festival season, domestic air traffic down by 0.26% in Oct
Even the average daily load factor of airlines in October remained more or less the same as that in September
 "Despite festival season, domestic air traffic down by 0.26% in Oct")
Global real estate fundraising slumps 71% with interest rate risk
Around the world, $18.2 billion was raised by 61 funds in the three months through September, a 71% decline from the second quarter, when 117 funds raised $63.4 billion
 "Global real estate fundraising slumps 71% with interest rate risk")
Registration of properties in Mumbai up 26% to 10,607 units in Oct
Total 8,422 properties were registered in October last year in Mumbai city (area under BMC jurisdiction)
 "Registration of properties in Mumbai up 26% to 10,607 units in Oct")
Electric vehicle market set to be on full charge by 2025: ICRA report
The report highlights that the electric twowheeler (e2W) segment has emerged as a frontrunner, accounting for 85-90 per cent of total EV sales in FY23
 "Electric vehicle market set to be on full charge by 2025: ICRA report")
No corporate has sought furniture to help employees in work: Godrej Interio
Leading office furniture brand Godrej Interio has "never" been approached by any corporate client asking for solutions to help an employee put in elongated work hours, a top official said on Tuesday
Significant increase in demand for AI, blockchain talent in India: Report
Observing the job postings volume on the Michael Page India website, a significant surge in demand, ranging from 28-30 per cent, was seen in Q3 2023 compared to Q1 and Q2
 "Significant increase in demand for AI, blockchain talent in India: Report")
Will raise viability gap funding to 35% for RE: Int'l Solar Alliance
Under the Viability Gap Funding (VGF), ISA provides 10 per of the project cost to the member nation for an identified Renewable Energy (RE) project
 "Will raise viability gap funding to 35% for RE: Int'l Solar Alliance")
Power Mech Projects bags Rs 355 cr order from BHEL for trial operations
Based in Hyderabad, Power Mech Projects is one among the leading infrastructure-construction companies with global presence
 "Power Mech Projects bags Rs 355 cr order from BHEL for trial operations")
DGCA allows commuter airlines to operate single-engine aircraft at night
In a release on Tuesday, aviation watchdog DGCA said it has amended its relevant regulations to include a provision for SCAs to fly at night on airplanes
Global slowdown may take sheen off gems & jewellery industry in Rajasthan
The overseas demand has also shifted to light-weight stone-studded jewellery, of both precious and non-precious stones
 "Global slowdown may take sheen off gems & jewellery industry in Rajasthan")