Page 683 - Industry News

Hindustan Aeronautics partners Safran of France for making engine parts

The products that HAL and Safran will jointly produce in Bengaluru will power the Airbus A320 Neo family and the Boeing 737 Max single-aisle airliners

India competing with world's best telecom equipment makers: Vaishnaw

On semiconductor manufacturing, the minister said at least three players were in advanced talks with the government for building a chip plant in India

SHGs products to be made available on e-commerce platforms: Anurag Thakur

He called upon the delf-help groups to take special care of the quality and packaging of the finished products so that these can compete with brands available in the market

Amazon rallies on cloud recovery as it chases Microsoft for AI business

Amazon shares have rallied about 40% this year, but they have lost nearly 8% in the past two days after Alphabet warned that cloud customers were curbing spending

DGCA transfers two senior officials over allegations of corruption

The regulator's action comes four days after suspending operations at Redbird Flight Training Academy, one of India's largest flight training centres, across all its five training bases in the country

Realty advisor CBRE cuts profit forecast as high rates hurt property market

"Commercial real estate capital markets remained under significant pressure in the third quarter," CEO Bob Sulentic said in a statement

5 MSME lending products complete test phase under RBI's sandbox scheme

The RBI said products of the entities which completed the 'Test Phase' were evaluated based on mutually agreed test scenarios and expected outcomes

PE/VC investments see 60% jump to $13.6 bn in Jul-Sep qtr: Report

The early years primarily saw growth driven by pharmaceutical investments. However, post-pandemic, healthcare investments have taken the lead, it said

HAL, Safran Aircraft sign MoU for commercial engine parts manufacturing

HAL will produce LEAP (Leading Edge Aviation Propulsion, powering Airbus A320 Neo family and Boeing 737 Max) engine forgings at its Foundry & Forge facility here as part of the MoU

NBCC sells nearly 400,000 sq ft commercial space in Delhi for Rs 1,558 cr

"This is the highest sale realisation in a single auction since the launch of WTC, New Delhi in 2017," the company said

India will lead the world in 6G: PM Narendra Modi at India Mobile Congress

PM Modi said that the need of the hour is to take forward the success in mobile and electronics and establish a strong semiconductor manufacturing sector in India

India emerging as telecom technology developer, exporter & leader: Vaishnaw

Telecom is the gateway of digital, Vaishnaw said, citing the speedy roll-out of 5G services in India and the nation's clear 6G vision

Voda-Idea will make significant investments to roll out 5G network: Birla

"The company is determined to realise the government's vision of establishing a robust supply chain in critical and emerging areas, including Open RAN (Radio Access Network)," he said

OneWeb satellite service ready to connect nation from next month: Mittal

He said that Airtel with the help of Universal Services Obligation Fund has been connecting rural and remote areas, and now satellite technology is available to connect all parts of the country

Tech talent embracing jobs in non-tech sectors amid IT hiring slowdown

While automobile, banking, and other sectors can absorb IT talent, they are unlikely to generate the same hiring volume as the tech sector

UP Film City: T-Series, Fox Studios, Korea's Securo Group join pre-bid meet

This is the third time that the bid for development of the film city has been floated after two previous bids failed to attract bidders

IT industry salaries, wages continue to give margins a run for its money

The industry's core operating margins (that exclude other income) declined to 22 per cent of net sales in Q2FY24 from 22.4 per cent a year ago and the five-year average of 23.6 per cent of net sales

In a 1st, artificial intelligence company from Silicon Valley enters Bihar

The company currently has some 4,000 employees in India, but they are mostly in Chennai, Bangalore and Hyderabad

Films released in theatres score lowest on the Bechdel Test, shows data

Women hold around one-tenth of head of department (HOD) positions in the Indian media and entertainment industry, the report revealed

FinMin notifies rules for appointment of president, members in GSTAT

In September, the finance ministry had notified 31 benches of GSTAT, which will be set up in 28 states and 8 Union Territories