Page 689 - Industry News

Leasing of retail real estate space up 46% in Jan-Sep across 8 cities: CBRE

In terms of cities, Bengaluru, Delhi-NCR and Pune collectively accounted for a share of over 61 per cent in leasing activity during this period

GNIDA registers over 3,000 flats in 3 months, eyes 6,000 by Diwali

The registration department has earned Rs 86.81 crore, it said

Tax authorities losing Rs 2 trn annually due to illegal betting: Report

Factors such as digital infrastructure growth, smartphone usage, and the expansion of athletic events have contributed to this kind of inflow, it said

Soon, you will be able to use satcom services on your phone; here's how

At the present moment, there are 5-6 devices available in the global market that provide support for satellite connectivity

SJVN ropes in carbon credits developer EKI Energy for issuance of I-REC

SJVN expects the total annual revenue per annum Rs 10 crore from I-RECs

Committed to develop PPP model for inland water transport sector: Gadkari

The Minister for Road Transport and Highways said "the development of waterways is very important for the development of Bharat"

Meghalaya Cabinet approves proposal to pay Rs 565 cr power dues of NTPC

The Meghalaya power minister said that earlier the state government had availed the Atmanirbhar loan and cleared 50 per cent of the accumulated power dues of Rs 488 crore to NTPC

Global maritime summit attracts investments worth Rs 2.37 trn on day-2

"The Global Maritime India Summit, 2023 has ushered a new age in sustainable development of the country with a record number of 70 MoUs with an investment of Rs 2.37 lakh crore

Investment in solar expected to be $380 billion this year, says ISA

The DH further said that the ISA is supporting the growth of 9.5 GW of solar energy in projects across the world

Senior officials of India, France explore ways to boost defence ties

"The meeting was conducted in a friendly, warm and cordial atmosphere," the defence ministry said

Realty books 19% of total realisation via insolvency proceedings: Report

Real estate accounts for nearly 19 per cent of the total realisation under insolvency proceedings, according to a report by Anarock and Khaitan & Co.

Gujarat govt signs MoU with IN-SPACe to set up space manufacturing cluster

Ahmedabad-headquartered IN-SPACe is an autonomous agency of the Department of Space (DOS) that works to promote various space activities

Horticulture output rises to 351.92 mn tonne in 2022-23: Govt data

Production of fruits, vegetables, plantation crops, flowers and honey is expected to increase

Rs 20,773.7 cr cleared for transmission line to evacuate power from Ladakh

The transmission line for evacuating this power will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be integrated with the National Grid

Domestic hydrogen equipment market to touch $50 billion by 2030: IH2A

The industry body has also projected a $ 36 billion regional equipment and services exports market, while $ 9-13.5 billion domestic equipment market size over the next seven years

Cement sales to grow 10% in FY24 led by infra, urban housing demand: Report

In the first half of this fiscal, the industry had a volume growth of around 12 per cent in the April-September period, said a report from rating agency Icra

Diamond polishing industry revenue may drop 30-35% this fiscal: CRISIL

India's diamond polishing industry will see its revenue drop by 30-35 per cent to USD 14-15 billion in the current fiscal year on poor demand from the US, EU and China

I-T dept may raise tax demand retrospectively from telcos: Analysts

The Supreme Court has set aside a Delhi High Court order of December 2013 and ruled that the licence fees paid by telecom operators should be treated as a capital expense

Chiefs of Air India, Vistara, SpiceJet meet civil aviation minister

Air India, Vistara, SpiceJet, and IndiGo representatives thanked him for the recent amendment in IBC whereby aircraft equipment have been exempted from moratorium under the IBC

34 pacts worth Rs 3.24 trn signed on Day 1 of Global Maritime India Summit

The signing of these pacts underlined the commitment of various stakeholders to transform India into a maritime powerhouse, the shipping ministry said