The Business Guardian - September 15, 2024

In this issue

September 15, 2024

Foreign investors pump Rs 16,881 crore into Indian stocks this week

Foreign Portfolio Investors (FPIs) continued their bullish stance on Indian stocks, infusing Rs 16,881.03 crore in the second week of September, according to data from the National Securities Depository Limited (NSDL).

1 min

FM DISCUSSES INVESTMENT OPPORTUNITIES WITH DFC

Union Finance Minister Nirmala Sitharaman held a meeting with a delegation from the US International Development Finance Corporation (DFC) here in the national capital.

1 min

Sharjah's Sky One may invest in Indian aviation market

Sky One, based in Sharjah, UAE, offers a broad spectrum of aviation services, including charters, asset trading, training, and maintenance, catering to diverse industry needs.

4 mins

Reserve Bank of India imposes monetary penalty on three NBFCs

The Reserve Bank of India (RBI) has imposed monetary penalties on three nonbanking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI directives.

2 mins

INDIA'S COAL PRODUCTION SURGES BY 5.85 PC IN FY 2024-25

The coal production in the country increased substantially during the fiscal year 2024-25, as per the Ministry of Coal.

1 min

RR KABEL POSTS RECORD Q1 REVENUE, POISED FOR LONG-TERM GROWTH

RR Kabel is a 20-yearold wire and cable industry company with 5 manufacturing facilities in the country having been listed on the stock exchanges recently.

2 mins

Ministry of Labour & Employment holds meeting with industry leaders

The secretary of Ministry of Labour and Employment held a meeting with industry leaders on Employment Linked Incentive (ELI) Scheme.

1 min

SEBI DISPOSES OF CO-LOCATION CASE AGAINST NSE

The Securities and Exchange Board of India (SEBI) has disposed of proceedings against the stock exchange NSE, its former Vice Chairman Ravi Narain, former Chief Executive Officer Chitra Ramakrishna, former Group Operating Officer Anand Subramanian, and others in the colocation case.

1 min

AUTOMOBILE INDUSTRY HAILS PM E-DRIVE SCHEME

The Society of Indian Automobile Manufacturers (SIAM) and big auto players have hailed the Cabinet decision of PM e-DRIVE schemes aimed at promoting electric mobility across the country.

2 mins

August passenger car sales drop 1.8% in India

Total passenger vehicle sales in India declined 1.8 per cent in August to 352,921 units, as against 359,228 units same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.

1 min

INDIA WILL SOON EXPORT LITHIUM-ION BATTERIES: NITIN GADKARI

Union Minister of Road Transport Highways, Nitin Gadkari on Tuesday said that India will soon be in a position to export lithiumion batteries.

2 mins

Maruti Suzuki launches the Epic New Swift S-CNG

Maruti Suzuki India Limited (MSIL) launched the S-CNG variant of the Epic New Swift on Thursday.

1 min

Mahindra & Mahindra set to launch e-ZEO

Mahindra & Mahindra's commercial vehicle manufacturing unit, Mahindra Last Mile Mobility Limited (MLMML), has announced the launch of its electric four-wheeler, 'e-ZEO', slated for October 3, 2024.

1 min

Auto component sector on road to reach $100 bn export: Piyush Goyal

Commerce Minister Piyush Goyal expressed confidence that the auto component sector will reach the USD 100 billion export target by 2030, making the sector one of the largest job creators in the country.

2 mins

India-China trade deficit: Tackling growing imbalance

The trade deficit between India and China has emerged as a major concern on the global stage, highlighting an increasingly unbalanced bilateral trade relationship and its implications.

3 mins

COURT GRANTS INTERIM BAIL TO 4 CO-OWNERS OF BASEMENT

The Delhi High Court on Friday granted interim bail to four co-owners of a basement linked to the tragic deaths of three IAS aspirants in Old Rajinder Nagar.

1 min

Delhi court grants bail to accused in cyber fraud case

Delhi’s Karkardooma Court has acquitted 10 accused in the case of rioting, giving them benefit of doubts.

1 min

CBI SHOULD DISPEL 'CAGED PARROT' NOTION, SAYS SC

Supreme Court Judge, Justice Ujjal Bhuyan on Friday made a strong observation on the Central Bureau of Investigation (CBI) in relation to the arrest of Delhi Chief Minister Arvind Kejriwal in the excise policy case, saying that it is imperative that the cenral probe agency dispel the notion of being a “caged parrot.”

4 mins

Delhi court acquits 10 accused, giving benefit of doubt in riots case

Delhi’s Karkardooma Court has acquitted 10 accused in the case of rioting, giving them benefit of doubts.

1 min

Court acquits former Delhi Women & Child Minister in rape case

The Rouse Avenue court on Wednesday acquitted a former Delhi Minister in a rape and prevention of corruption case of 2016.

1 min

Court rejects CBI plea to administer narco test to accused Sanjay Roy

The Sealdah court on Friday rejected the prayer of CBI for administering a narcoanalysis test to Sanjay Roy, the accused in the RG Kar Hospital case.

1 min

FSSAI STARTS DRIVE TO CHECK ADULTERATION

The Food Safety and Standards Authority of India (FSSAI) has initiated a special drive to ensure the safety and quality of food items during the festive season.

1 min

BANGALORE-BASED STARTUP TRIP CABINET SECURES USD 6.5 MN IN FUNDING

A Bangalore-based travel startup, Trip Cabinet , raised USD 6.5 million in a recent funding round.

1 min

Adani Group honoured in TIME's World's Best Companies of 2024

The Adani Group has featured in TIME’s prestigious World’s Best Companies of 2024 list, prepared in collaboration with Statista, a leading global industry ranking and statistics portal.

1 min

Ford announces intent to restart manufacturing plant in TN

US carmaker Ford on Friday announced its intent to restart operations at its manufacturing plant in Tamil Nadu.

1 min

ARCI develops cost-effective nanosecond laser surface texturing

Researchers at the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an autonomous R&D centre under the Department of Science and Technology, has developed nanosecond laser surface texturing, which promises to improve lubrication within internal combustion (IC) engines and address the challenge of friction and wear between moving parts.

1 min

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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.
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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.