Page 694 - Industry News

Clicking towards record: Festival season spurs online shopping spree

Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled

Cricket WC 2023: Television sales skyrocket, especially for larger screens

Sales of televisions of size 55-inch and above have grown by 2-2.5 times compared to sales registered during the Shraddh period last year

GMR arranges Rs 4,000-cr loan to construct Vizag international airport

The airport in Vizag would become GMR's fourth major airport in the country after those at Delhi, Hyderabad, and Goa

Forbes India Richest List 2023: Mukesh Ambani reclaims top spot; full list

According to the Forbes India Rich List 2023, Savitri Jindal is the wealthiest Indian woman

Jio-Airtel battle for home Wi-Fi connections as they aim for higher Arpu

The mobile Arpu for Airtel stood at Rs 200 at the end of the first quarter of FY24. On the other hand, Airtels's Arpu for home services stood at Rs 608

War in West Asia could raise cost of setting up 5G infrastructure in India

If the conflict lasts longer and turns more violent, the Indian rupee will likely dip around 3-4 per cent against the US dollar

India can contribute towards strengthening, diversifying supply chains: FM

This includes an ambitious programme for a transition to clean energy and the RISE partnership is completely in sync with India's domestic policy of prioritising Clean Energy

Average daily domestic traffic increased by 1.65%, Oct upswing anticipated

Overall domestic demand remained high, with four out of six major carriers reporting load factors of over 90 per cent in September

Cabinet approves royalty rates for mining of Lithium, Niobium REE

To ensure consistency, the Ministry of Mines has devised a formula for calculating the ASP of these minerals, which will aid in setting bidding parameters

Global coal industry expected to layoff over 400,000 miners by 2035: Report

China and India are expected to be the hardest hit. China's Shanxi province would witness the largest number of job losses globally -- 241,900 by 2050

Strong domestic demand, raw material cost, pushing up steel prices

A major producer attributed the increase in steel prices to the rising cost of raw materials over the past couple of months

Pharma result preview: US stable, India muted in the second quarter

Hospital occupancy rates rise 200-400 bps, while diagnostic sector sees seasonal benefits

Movie success offsets ad revenue slip for broadcasters like ZEE, Sun TV

Advertising revenue, however, fails to translate into real action despite optimism

India outpaces peers in recovery of int'l flight capacity, report reveals

Among the top ten international markets for India in August 2023, six have surpassed their pre-pandemic capacities

Possible to have different SROs for fintech sectors: Industry players

A primary responsibility of these SROs would be to safeguard fintech consumers by overseeing privacy, disclosure, and recovery practices

Thomson to enter domestic laptop segment, mulls export in global markets

Thomson, which has global manufacturing facilities in various countries, is in talks to take TV units manufactured in India to some of its global markets

Tamil Nadu amends state motor vehicles Act, taxes set to increase

Registration of new motor vehicles in Tamil Nadu is all set to cost more as the state Assembly on Wednesday amended the TN Motor Vehicles Taxation Act, 1974 increasing taxes

Vedanta incorporates wholly-owned subsidiary to implement demerger scheme

"We wish to inform you that a wholly-owned subsidiary of the Company, in the name of 'Vedanta Base Metals Ltd' has been incorporated on October 09, 2023," the company said in a filing to BSE

Govt tweaks PLI white goods scheme norms for simplifying operation

The changes have been made on the basis of various suggestions received from the beneficiaries as well as industry association.

Israel-Palestine conflict not likely to impact gem, jewellery sector: GJEPC

It is significant to note that Israel being a very important trading centre exports rough diamonds to the tune of $ 1,782.80 million, it added