The Business Guardian - October 30, 2024

In this issue

October 30, 2024

INDIA SHELTER FINANCE POSTS 36% YOY AUM GROWTH IN Q2FY25; PAT UP 50% TO RS90 CR

India Shelter Finance Corporation reported strong Q2 FY25 results, with 36% YoY AUM growth and a 50% increase in profit after tax.

1 min

Haryana CM Nayab Singh Saini attends 12th Acharyakulam annual event in Haridwar

TBG NETWORK Haridwar Haryana Chief Minister Nayab Singh Saini, alongside 'Yoga Guru' Baba Ramdev, participated in the 12th Acharyakulam Annual Celebrations 2023-24, held at the Acharyakulam Auditorium of Patanjali Yogpeeth University on Sunday.

1 min

Uttarakhand Waqf Board seeks property rights for soldiers: Sources

The Joint Parliamentary Committee (JPC) meeting on the proposed Waqf (Amendment) Bill, 2024, received significant support from the Uttarakhand Waqf Board. Several state waqf boards, including the Punjab Waqf Board, Haryana Waqf Board, and Uttarakhand Waqf Board, attended the meeting to present their views and suggestions to the JPC.

2 mins

Vinay Mishra assumes role as Delhi Jal Board Vice Chairman

AAP MLA Vinay Mishra officially took charge as the Vice Chairman of the Delhi Jal Board (DJB), on Monday. Upon assuming the role, he expressed gratitude to Arvind Kejriwal and Chief Minister Atishi for their trust in his leadership.

2 mins

AAP's Satyendra Jain: Yamuna River industrial waste originates from UP, Haryana

As the Bharatiya Janata Party continues to hold protests over water pollution in the Yamuna River, Aam Aadmi Party leader Satyendra Jain said that the industrial waste that flows into the river does not originate in Delhi as there are \"no water-polluting industries\" in the national capital.

1 min

RAM LALLA CELEBRATES DIWALI AT AYODHYA TEMPLE FOR THE FIRST TIME IN 500 YEARS, SAYS PM MODI

Prime Minister Narendra Modi on Tuesday termed this year's Diwali as \"special\" and said that after a long wait of 500 years, Lord Ram for the first time will celebrate the Diwali at the newly built Shri Ram Janmabhoomi temple in Ayodhya.

2 mins

Union Agri Minister Shivraj Chouhan holds meeting on stubble burning

Union Agriculture Minister Shivraj Singh Chouhan on Saturday held a high-level meeting over the stubble burning issue.

1 min

Luxury Farmhouse living at Ram Rattan naugaon

Ram Rattan Group, the largest name in farmhouse and farmland development, has established a distinctive identity in the real estate sector over the past 40 years. This group is the first choice for those seeking luxury living and smart investment.

2 mins

Annu Dhankar claims Himanshu Bhau promised her a U.S. visa

During interrogation by Delhi police, Annu Dhankar, a key accused in the murder of a gang member in a Burger King outlet in Rajouri Garden in June revealed that she was friends with gangsters Himanshu Bhau and Sahil Ritolia who had promised to arrange a US visa and other documents to immigration to the United States at their expense. She was also promised a lavish life in the US, accorrding to officials.

2 mins

Adani Enterprises reports a 664% surge in Q2 net profit, driven by strong infrastructure performance.

This record-breaking half-year performance has been led by Adani New Industries Ltd (ANIL) and Adani Airport Holdings Ltd (AAHL) with their rapid growth in capacity additions and asset utilisation, \"said Gautam Adani, Chairman of the Adani Group.

1 min

Dozee's AI System predicts patient deterioration 16 hours early

Dozee, India's Health AI leader, has unveiled the findings of a landmark study published in the internationally renowned journal Frontiers in Medical Technology. This journal is part of the prestigious Frontiers group.

2 mins

TVS MotoSoul 4.0 set to return to Goa on Dec 6-7, 2024

TVS Motor Company (TVSM) - a leading global automaker that operates in the two and three-wheeler segments, today announced the fourth edition of its flagship motorcycling festival TVS MotoSoul at Vagator, Goa on December 6 and 7, 2024. TVS MotoSoul is the culmination of all that is motorcycling, racing and the brotherhood of like-minded performance enthusiasts.

2 mins

Trident's Rajinder Gupta honored with 'Vastra Ratna' Award

Rajinder Gupta, Chairman Emeritus of Trident Group, has been conferred the esteemed ‘Vastra Ratna’ Award for Special Achiever, recognizing his remarkable contributions to the textile industry.

1 min

Lagging AI adoption risks Asian financial institutions' security against rising financial crime

SymphonyAI, a leader in predictive and generative artificial intelligence (GenAI) SaaS products for the enterprise, today launched a new report with Regulation Asia, revealing a concerning gap in artificial intelligence (AI) adoption among Asian financial institutions, leaving them vulnerable to escalating financial crime.

1 min

IFAT India 2024 sets record participation, showcasing water and waste innovations

Messe Muenchen India concluded its 11th edition of IFAT India on a high note, cementing its role as India's leading trade fair for water, sewage, solid waste, and recycling.

1 min

Kharge launches ELEVATE, KAN to fuel startups

This initiative is part of Karnataka's broader Startup Policy (2022-27), which includes support for patent cost reimbursements, marketing, GST, and quality certification costs.

1 min

Navi Mumbai Airport to Start Operations in First Half of 2025: Adani Group CFO

Adani Group CFO Jugeshinder Singh announced Navi Mumbai Airport will start operations by mid-2025, following successful runway trials this month.

1 min

Education sector to drive over 4 bn sq ft real estate demand by 2035: Report

India's education sector will generate over 4 billion square feet of real estate demand by 2034-35, according to a CBRE report.

1 min

Stock investors reach 10.37 cr

Retail investors in the Indian stock markets are surging, a recent report by National Stock Exchange (NSE), highlighted that around 37 lakh new retail investors joined NSE in September, taking the total investor base to 10.37 crore.

1 min

Difficult to predict fuel prices because of geo-political crisis

Hardeep Singh Puri, Minister for Petroleum and Natural Gas on Tuesday said that no one can predict fuel prices because of the uncertainty that has prevailed in different parts of the world citing tensions in the Middle East.

2 mins

IndusInd, Tata Power partner for solar loans up to Rs 2 crore for MSEs

IndusInd Bank's collaboration with Tata Power Group will accentuate the focus on providing customized financial solutions for rooftop solar installations.

1 min

JSW, POSCO come together to build 5 MTPA steel plant

JSW Group (JSW) has signed a Memorandum of Understanding (MoU) with South Korea's POSCO Group for the development of a cutting-edge, integrated steel plant in India with an initial capacity of 5 million tonnes per annum (MTPA).

1 min

REKINDLING RAMA'S MORALITIES TO ILLUMINING THE PATH OF YOUTH

The philosophy of dharma is woven complicatedly into the narrative of the Ramayana, signifying duty with the essence of righteousness, urging individuals to uphold moral values in all facets of life. Rama, symbolizing dharma, illustrates generosity, duty and assurance even when facing disheartening choices in his life.

3 mins

THE GANDHI FAMILY TRUST

With Priyanka Gandhi Vadra taking the electoral plunge, the Congress party will have all three members of the Nehru-Gandhi clan in Parliament.

2 mins

The court of last resort: The court of arbitration in sports and the olympics

It is essential to recognize that the CAS is not a perfect institution. Like any human-made system, it is susceptible to imperfections. Nevertheless, in the absence of a viable alternative, the CAS remains an indispensable component of the Olympic Games.

2 mins

Supreme Court issues notice on plea of deceased judicial officer's wife: Service as Fast Track Court judge not counted for pension

The bench comprising of Justice Hrishikesh Roy and Justice SVN Bhatti was hearing the present matter. The bench in the case was hearing the matter wherein the deceased judicial officer joined judicial service on May 16, 1991 and after about 8 years, he was superannuated on February 01, 1999.

1 min

DELHI HIGH COURT ISSUES NOTICE ON PLEA FOR INCLUSION OF MRKH TYPE-II SYNDROME AS BENCHMARK DISABILITY UNDER RIGHTS OF PERSONS WITH DISABILITIES ACT

The petition filed stated that this fulfils the requirement for being considered as a 'person with benchmark disability' under Section 2(r) of the RPWD Act.

2 mins

Karnataka High Court reiterates: Cheque bounce complaint under Section 138 of NI Act maintainable even if civil suit for recovery is instituted

The bench also relied on the Apex Court judgement in the case of D. Purushotama Reddy v. K Sateesh, wherein the court held that two proceedings are maintainable and that the two would be a civil suit seeking recovery of amount and a proceeding for the offence punishable under Section 138 of the Act.

1 min

Rajasthan High Court: Right to dignity under Article 21 of Constitution includes being able to attend once-in-a-lifetime family rituals like son's wedding

The Rajasthan High Court in the case Yudhishter Singh Rajpurohit v State of Rajasthan & Ors observed and has ruled that Right to Life under Article 21 of the Constitution of India also includes the Right to live with dignity that encompasses attending once-in-a-lifetime family rituals like the right of a father to attend his son's marriage.

1 min

Karnataka High Court orders release of Union Minister Prahlad Joshi's brother, nephew arrested in cheating case

It was also alleged that he has acted as if the Union Minister has given him consent and then he will secure the seat.

2 mins

Jammu & Kashmir and Ladakh High Court: Failure to apply statutes and binding precedents constitutes error reviewable under Order 47 Rule 1 of CPC

The bench headed by Justice M.A Chowdhary in the case observed and has clarified that the courts must adhere to applicable statutes and precedents, especially those laid down by the Supreme Court, to ensure judgments are free from errors.

2 mins

'Ayushman Bharat' impractical, not for Delhi residents: Sanjay Singh

Modi Tuesday said he was disappointed with the state of free healthcare for the elderly in the two states and called it a missed opportunity to serve the senior citizens.

1 min

19,005 kg of firecrackers seized, 79 cases filed ahead of Diwali: Rai

Rai said the air quality has improved due to favourable weather conditions and that the government is doing everything it can to minimise pollution in the city.

1 min

LG nod for special audit of power companies over pension surcharge

Delhi Lieutenant Governor VK Saxena on Tuesday approved 'Special Audit' of Power Companies to look into the 'Pension Surcharge' levied in electricity tariff of Consumers of Delhi.

1 min

Traffic snarls as people throng to markets for shopping on Dhanteras

Traffic in the national capital came to a standstill on Tuesday as throngs of shoppers flooded the markets to celebrate Dhanteras, creating significant delays and inconvenience to commuters.

1 min

Delhi govt announces Rs. 60 cr Diwali bonus for MCD employees

In a significant gesture ahead of Diwali, the Aam Aadmi Party-led Municipal Corporation of Delhi (MCD) is set to provide a Non-Productivity Linked Bonus (NPLB) to its civic employees.

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:

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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.