The Business Guardian - January 31, 2023

In this issue

January 31, 2023

Air India: Software to facilitate real-time reporting of incidents

Aiming to enhance safety management and for the status of in-flight incidents, Air India will use the Coruson software application.

1 min

9 lakh govt vehicles to go off road from April 1: Gadkari

The government is progressing on the policy of adopting import substitutes, cost-effective, pollution-free, and indigenous fuels for the transport sector, Union Minister of Road Transport and Highways Nitin Gadkari said on Monday.

2 mins

Tech Mahindra's Q3 net slides 5.3%

Tech Mahindra (TechM) reported a fall of 5.3 percent in net profit for the third quarter (Q3) of 2022-23 (FY23) at Rs 1,297 crore. Sequentially, profit after tax was down 0.9 percent. Inflation and supply-side constraints pulled the company's profit down.

2 mins

Union Budget likely to test Modi's fiscal resolve

India will unveil its budget Wednesday, testing Prime Minister Narendra Modi's fiscal mettle seen as key to boosting investor sentiment even as it will likely leave less room for handouts a year before he seeks a third term.

2 mins

LIC reviewing Adani response

Life Insurance Corporation (LIC) said on Monday it was reviewing the Adani Group's response to scathing criticism by a US short-seller and would hold talks with the group's management within days.

1 min

'G20 provides platform to exchange ideas & solutions'

United Nations General Assembly President Csaba Korosi met G20 Sherpa Amitabh Kant, saying that G20 provides an important platform to exchange ideas and solutions.

1 min

PREZ TO ADDRESS JOINT SITTING OF BOTH HOUSES

The session will have 27 sittings and will continue till April 6 with a month-long recess to examine Budget

1 min

Trade association seeks relief for small traders

Delhi-based association Del of traders, Chamber of Trade and Industry (CTI), as part of its pre-Budget recommendations, wrote a letter to Union finance minister Nirmala Sitharaman seeking relief for middle-class people and small traders.

1 min

Indices settle in green after volatile session

Indian stock indices settled Monday marginally in the green after having been through high volatility throughout the session.

1 min

GAIL Q3 NET SLUMPS 93% ON SUPPY DISRUPTIONS

GAIL hits highest ever revenue in 9 months; revenue from operations up 72% from corresponding period last year

2 mins

'India's future is being held back by Adani Group'

The Adani Group has attempted to conflate its meteoric rise and the wealth of its Chairman, Gautam Adani, with the success of India itself, Hindenburg Research said on Monday hours after the Indian conglomerate in its rebuttal said that allegations of stock manipulation levelled by the US-based short seller amounted to a \"calculated attack on India.\"

1 min

Net profit rises 24%, beats expectations

Larsen & Toubro's (L&T) quarter earnings were better than street's estimates as both the top and bottom lines reported by the company were in double digits.

1 min

Dutch microchips lands in Russia amid US sanctions

Despite US ban on Russia after the Ukraine conflict, millions of NXP and Nexperia microchips produced by Dutch manufacturers reached to Russia last year and were used in defense systems and equipment.

1 min

Memory chip crisis to wipe out profits, disturbs sellers

The memory chip sector, for its boom-and-bust cycles, had changed its ways.

1 min

Doval's US visit to focus on US-India Initiative

India's National Security Advisor Ajit Doval arrived in Washington on Monday morning to attend the first formal talks on the Initiative for Critical and Emerging Technologies (iCET).

1 min

Rijiju slams PIL against Centre's BBC film ban

Union Law Minister Kiren Rijiju on Monday, expressed displeasure over petitions moving Supreme Court against the Centre's decision to ban the BBC documentary 'India: The Modi Question' on social media.

1 min

UNGA Prez lays wreath at Mahatma Gandhi memorial

The President of the 77th UN General Assembly (UNGA) session Csaba Korosi visited the Rajghat in New Delhi on Monday. During the visit, Korosi laid a wreath at the Mahatma Gandhi Memorial, Rajghat on his death anniversary.

2 mins

61 KILLED IN PAK MOSQUE BLAST

The blast occurred at around 1: 40 pm inside the mosque when worshippers, were offering the Zuhr (afternoon) prayers

2 mins

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The Business Guardian Newspaper Description:

The Business Guardian is a monthly business magazine published in India. It was launched in 2005 and is one of the most popular business magazines in the country. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Economic news and analysis: The Business Guardian covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Industry news and trends: The Business Guardian also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: The Business Guardian also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Management and leadership: The Business Guardian also features articles on management and leadership. These articles help readers to develop their skills and knowledge in these areas.

The Business Guardian is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.