Page 691 - Industry News

Wealthy Indian diaspora wooed by DLF to buy luxury apartment for investment

Earlier this year, DLF had sold 1,137 apartments costing almost a million dollars each in just three days

Power consumption up by 6,000 MW in Karnataka due to drought: Siddaramaiah

Siddaramaiah said he has instructed the officers to purchase power from outside the State wherever there is availability and also obtain it from cogeneration in sugar factories of the state

Manipal Hospitals's Pai offers Rs 300 crore loan facility to Byju's parent

A source told Mint that Pai's total investment in the group might reach $300 million if the deal is finalised

Adani-owned Ahmedabad airport's plan to hike fees has airlines fuming

Airlines have said the sudden hike is illegal and will make charter operations unaffordable

Venus Remedies gets marketing approval for 6 chemo drugs from Philippines

With this, Venus Remedies has secured 525 marketing approvals for its oncology products across 76 countries

Swiggy raises platform fee by 50% to Rs 3 on food delivery orders

Swiggy had begun levying a platform fee to its customers in April regardless of the order value

Output of a third of manufacturing segments in August less than base year

All indices in the IIP were at 100 in 2011-12 because it was the base year of the new series

Govt may clarify prospective clause of IBC exemption for aviation

The High Court has asked the government for its response to a plea by a Gofirst lessor

Railway ministry generates Rs 67 lakh revenue from scrap disposal

Bringing the best out of waste, the Ministry of Railways earned around Rs 66.83 lakh by selling scrap till October 13 under its Special Campaign 3.0

Tight spot: Ministry of Railways, DFCC on parallel tracks over GST

Ministry of railways, DFCC planning revenue model for latter as current apparatus has put an 18% GST on the corporation

First semicon fab expected within a year: IT minister Ashwini Vaishnaw

"We are focussing on some niche area where we can take global leadership," Vaishnaw told PTI in an interview

IT industry hiring weakens on global macro woes, slow discretionary spends

Tech companies say that clients continue to defer newer, non-critical initiatives, choosing to focus on optimisation

UBS Securities red flags retail loans, sees credit cost rise up to 200 bps

Banks for many years have been riding on the retail book as corporate demand still remains anemic

Govt gives final warning to sugar traders to disclose stocks by Oct 1

They have also been asked to update the stock position on a weekly basis, as it is essential to maintain an accurate record of sugar stock levels, it said

Morale of the industry at all-time low, says ICEA on Lava MD arrest

The Enforcement Directorate has arrested Rai in an alleged money laundering case against Chinese smart devices maker Vivo

Growing e-waste an opportunity for manufacturers: Tech product makers

E-waste is an electronic product that is no longer needed, worn out, not working, or nearing the end of its utility for the user. These include wires to devices

Unsold housing stock dips 3% in Sept quarter to 508,000 units: PropEquity

According to a report by data analytic firm PropEquity, unsold housing inventories have fallen to 5,08,464 units at the end of the September quarter, as against 5,26,497 units as on June 30, this year

Signature Global sales bookings up 38% to Rs 1,861 cr during Apr-Sept

Signature Global collected Rs 1,327.45 crore during the first six months of this fiscal, from Rs 804.89 crore in the corresponding period of last fiscal year

Why India's startup founders aren't gamers, or won't admit to it

OYO's Ritesh Agarwal and some others love chess for its strategic lessons, but few founders want to be seen splurging time or money on gaming

Early Diwali: Fomo, premiumisation light up e-commerce festival sales

GMV rises 16% to Rs 29,000 crore in first four days of mega events, says Redseer report