Page 10 - Industry News

NRAI warns restaurants about aggregator payment gateways, deep discounting

In its advisory, NRAI asserted that aggregators use deep discounting as a tool to attract customers, including the restaurant's regular customers, to their platforms

Court accepts Mahindra's undertaking to drop '6E' amid tussle with Indigo

Mahindra agrees to rebrand its electric SUV, but maintains it will challenge IndiGo's claims; next hearing in the case in April 2025

MoUs of Rs 30 trn signed ahead of Rising Rajasthan Investment Summit 2024

The event features participation from 32 countries, 17 of which are designated as partner nations, including Japan, Switzerland, Singapore, Denmark, and South Korea

Hotel asset management companies make room for international brands

An analyst said that in the last two-three years, there have been a lot of other hotel companies that are desperate to enter the Indian market with a branding sign

AI helping in early cancer detection via genomics solutions, data analytics

AI plays key role in enhancing early detection, diagnosis, and treatment outcomes

Pushpa 2 to become India's fastest film to gross Rs 1,000 cr at box office

This success comes as a relief for the industry after theatres in the country were faced with the challenge of few films working well at the box office

Mergers & acquisitions make a comeback in 2024, up 13.5% till November

Bankers anticipate deal-making to remain robust in 2025 with several marquee deals in the making

Electronics component makers seek Rs 72,500 cr to cut reliance on imports

The industry body expects that the government's support for non-semiconductor components can help reduce the deficit in the country by Rs 12.36 lakh crore

66% businesses surveyed paid a bribe in the last 12 months: Report

The survey, which received 18,000 responses, found that 54 per cent were forced to pay bribes while 46 per cent paid voluntarily to expedite the process

Hit by absence of B'desh tourists, Kolkata traders think of wooing locals

A section of those perplexed traders are staring at a void, while others are either looking at new avenues or decided to woo back the Indian customers they have lost in the past

Under PM Modi's leadership, textile sector will see new heights: Giriraj

During April-October, Indian textiles exports registered a growth of 4.01 per cent over the previous year while apparel exports registered a growth of 11.60 per cent during the same time

Pre-Budget meet: MSME stakeholders seek tech upgrade, PLI benefits, GST cut

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

Govt notifies rules for message interception, sets 6-month surveillance cap

The new rules outline procedures for lawful interception of messages, with oversight mechanisms and a maximum six-month limit, sparking debates of potential misuse

Wedding season in India sets new record for hotel bookings and revenue

As India's wedding season peaks, hotels across the country are witnessing record-breaking bookings, with properties fully booked and revenue soaring

Internet vital for life, shutdowns hurt banking, education: Telcos to govt

Telecom firms urge the govt to limit internet shutdowns, citing their impact on essential services like banking, education, and digital payments, and stress exploring alternatives for law-and-or

Copper industry to see 10-13% spurt in demand in H2FY25: ICA India

Coming calendar year may see change in trade partner dynamics for copper rods, concentrate imports

Aero Dienst GmbH enters Indian aviation space, to partner with AeroSource

The Germany-based aviation firm will offer a full range of MRO services, while its Indian partner will share its corporate network and help with the regulatory environment

Realty, infra firms say CRR cut positive for sector, will infuse liquidity

RBI's decision will enable banks to have more funds to lend, they say

Consumer affairs ministry to issue guidelines to curb pesky calls, messages

In June, the Department of Consumer Affairs came out with draft guidelines to address the issue of pesky/promotional or unsolicited commercial calls received by consumers

India beats China in green investments; deals worth $2.4 bn completed in Q3

The momentum is being driven by India's push to build out local clean energy capacity to limit reliance on China, and the prospects of becoming an exporter of the technologies