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Tuesday, October 22, 2024
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Industry Updates

MHI denies clean chit to Hero Electric, Okinawa, Benling for violating FAME-II guidelines

In Short:The enquiry found that Hero Electric, Okinawa Autotech, and Benling India were not following the government guidelines for electric vehicles. They were fined...

Time for Fssai to wake up and enforce regulations: In a pickle

In Short:The Food Safety and Standards Act, 2006 defines unsafe food as injurious to health. The regulators in India have achieved high conviction rates...

Tonaquint Unveils Upgraded Data Center in OKC

In Short:Tonaquint Data Centers, a US co-location provider, has completed upgrades to its recently acquired data center in Oklahoma City. The company renovated the...

Reliance aims for access to ATF pipelines and storages from PSU oil firms

In Short:Reliance Industries Ltd wants access to pipelines and storage facilities owned by public sector oil companies to increase its share in supplying jet...

Vodafone Idea quickly clears bank dues in fiscal year 2024

In Short:Vodafone Idea (Vi) paid off a significant portion of its bank debts in the financial year 2024 to reduce total debt in that...

Hershey faces lawsuit over missing designs on Reese’s candies

In Short:Hershey is facing a lawsuit in southern Florida, where consumers claim they were misled about the artistic detail on Reese's peanut butter candies....

BSNL Kolkata hits 60k FTTH customers milestone

In Short:BSNL in Kolkata has reached 60,000 FTTH customers milestone, offering broadband via copper cable as well. Plans start at Rs 249 with longer-term...

Involta undergoes rebranding, now known as Ark Data Centers

In Short:Involta, a US colocation firm, rebranded as Ark Data Centers to meet the rising demand for edge data centers and cloud infrastructure, driven...

Patel Engineering reports 78% growth in Q4 PAT to ₹140 crore

In Short:Patel Engineering Ltd reported a 78% increase in its net profit to ₹140.35 crore for the March 2024 quarter due to increased revenues....

Get ready for increased mobile tariffs as telcos aim to improve profits

In Short:The telecom sector is planning to increase tariffs to boost average revenue per user (ARPU), which is currently low globally. Tariff hikes of...

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