Tag Archives: industry

Apple Officials Meet Commerce and Industry Minister Suresh Prabhu

Senior officials of the US-based iPhone maker Appletoday called upon Commerce and Industry Minister Suresh Prabhu. The meeting assumes significance as the technology giant is seeking concessions like duty exemptions to set up manufacturing unit in India. “CIM @sureshpprabhu in meeting with Mr. Nick Amman, Director, Government Affairs and Ms. Priya Balasubramaniam, Global Vice President, Operations, Apple Inc,” a tweet of the commerce… Read More »

Apple Officials Meet Commerce and Industry Minister Suresh Prabhu

Senior officials of the US-based iPhone maker Appletoday called upon Commerce and Industry Minister Suresh Prabhu. The meeting assumes significance as the technology giant is seeking concessions like duty exemptions to set up manufacturing unit in India. “CIM @sureshpprabhu in meeting with Mr. Nick Amman, Director, Government Affairs and Ms. Priya Balasubramaniam, Global Vice President, Operations, Apple Inc,” a tweet of the commerce… Read More »

Fast Forward; GST Set to Transform Face of Logistics Industry

India’s greatest tax reform – replacing an array of provincial duties with a nationwide goods and services tax – is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say. The advent of organised retail and e-commerce began modernising warehouses a decade ago, but most firms still rely on musty,… Read More »

Facebook Releases New Report on Beauty Industry Trends and the Evolution of Social Discovery

With the popularization of selfies and visual-focused platforms like Instagram, it’s no surprise that social media has become a crucial consideration for the beauty sector. Pinterest is another good example – Pinterest has previously labelled itself ‘the largest beauty platform in the world’, with more than 38.5 million unique viewers of hair and beauty content. If you’re working… Read More »

Oil industry faces boom-and-bust, warns IEA energy group

A new oil industry boom-and-bust cycle is likely if the current reduction in new investment is not reversed, says the International Energy Agency. The IEA says unless more money is spent exploring for, and developing, new oil fields, then demand may outstrip supply in the early years of the next decade. That could see oil prices surging again,… Read More »

Brexit boost for superyacht industry as sales rise above sinking pound

Britain’s superyacht industry is weathering the Brexit storm with the sector reporting its highest level of confidence in the wake of the EU referendum – although choppier waters could be on the horizon. Fresh figures released by British Marine and Superyacht UK on Monday show that revenue rose 11.5 per cent to £605m in 2015/2016, marking the industry’s fourth consecutive year of… Read More »

‘I have to be taller’: the unregulated world of India’s limb-lengthening industry

Komal never told her friends where she really went for six months last year. The 24-year-old, from the town of Kota, in western India, went to see Dr Amar Sarin, an orthopaedic surgeon in Delhi, who made her eight centimetres (3in) taller, a procedure which involved breaking the bones in her legs and wearing a brace until she… Read More »

Overseas investors continue to shun oil palm industry

The government’s decision to allow 100 per cent foreign direct investment (FDI) in oil palm plantations in November last year has failed to draw even a single investor. “There has not been even a single enquiry for FDI till now,” Sanjay Goenka, President of Oil Palm Developers and Processors Association (OPDPA) told The Hindu. Plantation tag “No FDI… Read More »

Adopt ethical approach to recover loans, Jaitley asks industry

Amid rising cases of wilful default on loans, including the one by liquor baron Vijay Mallya, Finance Minister Arun Jaitley on Monday said industry is fighting a battle of credibility and it should adopt positive and ethical approach towards NPAs or bad debts. “Indian industry is also fighting a major battle for its own credibility. Some recent events… Read More »