Page 693 - Industry News
Pilot licence now valid for 10 years, says civil aviation ministry
They will be issued to pilots at the time when their licences are up for renewal
 "Pilot licence now valid for 10 years, says civil aviation ministry")
India can become first country to industrialise without carbonising: Kant
With ideal weather conditions, India can redefine its growth model to become the first country in the world to industrialise without carbonising, G20 Sherpa Amitabh Kant said on Thursday
 "India can become first country to industrialise without carbonising: Kant")
Most Indian employees confident about AI-led job growth in 1-5 yrs: Report
The report further found that while Indian jobseekers are embracing the potential benefits of AI systems and tools, they also have concerns
 "Most Indian employees confident about AI-led job growth in 1-5 yrs: Report")
90% Indians prefer to watch movies on big screen, reveals BookMyShow survey
Big screen cinema magic is still thriving in India, says a new survey by ticketing platform BookMyShow, which spoke to moviegoers in 650 towns and cities across the country
 "90% Indians prefer to watch movies on big screen, reveals BookMyShow survey")
Delhi HC allows Go First lessors to deploy security around aircraft
The order was passed on the lessors' plea to allow them to maintain their aircraft. The next hearing is on October 19
 "Delhi HC allows Go First lessors to deploy security around aircraft")
Experts criticise proposal to tag nicotine therapy as prescription drugs
It may hinder accessibility for smokers attempting to quit, they say
 "Experts criticise proposal to tag nicotine therapy as prescription drugs")
Auto workers shut down Ford's largest factory, threaten Stellantis
The strike came nearly four weeks after the union began its walkouts against General Motors, Ford and Stellantis on September 15, with one assembly plant from each company
 "Auto workers shut down Ford's largest factory, threaten Stellantis")
WCopEF formed to give voice to over 3 mn cooperatives across globe
The WCopEF will aim to make cooperative policy thinking more collaborative towards building strong and prosperous communities in a fair and equitable world
Hotels to steel: India Inc unlocks subsidiaries' value with mergers, splits
Combined value of deals reaches $32.9 bn in Q3 CY2023, the highest quarterly total since Q2 CY2022
 "Hotels to steel: India Inc unlocks subsidiaries' value with mergers, splits")
India among San Francisco's top market for tourism growth recovery
The city witnesses a large number of Indian tourists visiting friends and relatives, staying in the nearby Silicon Valley
 "India among San Francisco's top market for tourism growth recovery")
US companies express interest to invest around Rs 25,000 cr in Karnataka
The Karnataka government on Thursday said several American companies have evinced interest to invest around Rs 25,000 crore in the state
 "US companies express interest to invest around Rs 25,000 cr in Karnataka")
China warns EU steel probe will disrupt global supply chains, push up costs
The European Commission recently launched an investigation to decide whether to impose punitive tariffs to protect EU producers against cheaper Chinese electric vehicle imports
 "China warns EU steel probe will disrupt global supply chains, push up costs")
Rs 47 trn required to decarbonise country's steel, cement plants: Study
Net zero means achieving a balance between the greenhouse gases put into the atmosphere and those taken out
 "Rs 47 trn required to decarbonise country's steel, cement plants: Study")
E-com opportunity worth $13 bn for MSMEs during festive season: Shiprocket
With rising e-commerce activity, Shiprocket expects around 10 to 15 per cent of total order volume to come from first-time shoppers
 "E-com opportunity worth $13 bn for MSMEs during festive season: Shiprocket")
CBRE sees 165 mn sq ft of new office supply in top 7 cities during 2023-25
Bengaluru and Hyderabad will continue to dominate this upcoming office space supply, accounting for nearly half the overall supply between 2023-2025
 "CBRE sees 165 mn sq ft of new office supply in top 7 cities during 2023-25")
NHAI unit to raise around Rs 30 bn via 10-yr bonds soon, say bankers
DME is a special-purpose vehicle created by the NHAI in August 2020 for the construction of the greenfield Delhi-Mumbai Expressway
 "NHAI unit to raise around Rs 30 bn via 10-yr bonds soon, say bankers")
Nations must share experience in keeping digital markets free: CCI chief
Evolving markets and technology create fresh challenges in competition law and policy, says Ravneet Kaur
 "Nations must share experience in keeping digital markets free: CCI chief")
Israel-Hamas war: Tech firms may shift operations to India, other locations
According to reports, Israel is home to over 500 global companies including Microsoft, Intel, and Google
 "Israel-Hamas war: Tech firms may shift operations to India, other locations")
Tea industry passing through acute financial crisis: ITA status paper
The ITA status paper said that while in 2022 tea exports showed some signs of revival and touched 231 million kg, it wass down by 2.61 million kg during January to July in 2023
 "Tea industry passing through acute financial crisis: ITA status paper")
Steel, cement industry need Rs 47 trn investment to meet net zero goals
India is the second-largest producer of steel and cement in the world, and both are emission-intensive hard-to-abate industries