The Business Guardian - November 05, 2024

In this issue

November 05, 2024

Reliance Jio IPO Expected to Launch on Indian Stock Market in 2025: Report

Reliance Industries plans to list its telecom arm, Jio, on the stock market by 2025, aiming to capitalize on its strong market position and India's booming digital sector.

1 min

The ECI orders the immediate transfer of Maharashtra DGP Rashmi Shukla

The Election Commission of India has ordered the immediate transfer of the Maharashtra Director General of Police (DGP) Rashmi Shukla and ordered the Maharashtra Chief Secretary to hand over her responsibilities to the next senior-most IPS officer in the cadre.

1 min

Roti, Beti, Maati-Jharkhand will have a BJP-NDA government, 'says PM Modi

Prime Minister Narendra Modi on Monday said that elections in Jharkhand are being conducted at a time when the entire country is moving forward with the resolve of becoming a \"Viksit Bharat\", adding that there is only one echo among the people of the State that \"Roti, Beti, Maati ki pukar, Jharkhand mein BJP-NDA Sarkar.\"

1 min

Himachal CM Sukhu urges Railways to run Kalka-Shimla Rail Line on green hydrogen

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Monday said that the State Government has urged the Union Ministry of Railways Ashwini Vaishnaw to explore the possibility of converting the Kalka-Shimla UNESCO World Heritage train to run on green hydrogen.

1 min

Sensex drops nearly 1,000 points amid volatile trading; US elections now in focus

In a highly volatile trade, Indian stock indices hovered substantially lower from the previous closing, largely due to sustained selling by foreign portfolio investors.

1 min

Wadettiwar: DGP transfer foils Mahauyuti government's election plans

Maharashtra Leader of the Opposition and Congress leader Vijay Wadettiwar on Monday welcomed the Election Commission's decision to transfer Rashmi Shukla, DGP Maharashtra and said that Mahauyuti Government intentions to win elections through discrepancies have been foiled.

1 min

EC updates by-election schedule for Uttar Pradesh, Kerala, and Punjab

The Election Commission has postponed by-elections in Uttar Pradesh, Kerala and Punjab to November 20 from November 13.

1 min

Let critics live,' says TN CM Stalin, responding to actor Vijay

In response to actor-turned-politician Vijay's allegations against the DMK, Tamil Nadu Chief Minister MK Stalin stated on Monday that his party has performed well over the past four years and does not find it necessary to address such trivial matters.

2 mins

FINAL CALL: SLAT APPLICATION WINDOW FOR SLS NAGPUR CLOSES ON NOVEMBER 22

Symbiosis Law School (SLS) Nagpur is inviting applications for its law programs, including B.A. LL.B., B.B.A. LL.B., and LL.M., with a deadline of November 22, 2024.

2 mins

Ashok Leyland truck sales declined but buses showed growth of 8 pc in Oct (YoY)

The domestic sales of trucks of Ashok Leyland declined by 13 per cent in October Y-o-Y while the sales of buses registered a growth of 8 per cent, as per the sales number released by the company on Monday.

1 min

Blackpanda and Cyber Security Agency of Singapore Ink Partnership

At present, IR-1 is strategically distributed by Asia's leading communications technology group Singtel, Macroview (a HGC group company) and Companhia de Telecomunicacoes de Macau.

2 mins

TRIOLT ENERGY RAISES RS 71 LAKH IN FUNDING LED BY CAMPUS ANGELS NETWORK

\"This funding will accelerate our efforts to bring our cutting-edge lithium-ion cells to market. Our incubation at IIT Madras Incubation Cell, along with invaluable mentorship from Prof. Ashok Jhunjhunwala, has equipped us to drive innovation in energy storage technology.

1 min

Cholan Tours Unveils a New Identity

Founded two decades ago in South India, Cholan Tours began as a modest travel agency under the brand South Tourism, offering memorable experiences in Southern India.

1 min

Veranda Learning Solutions Ltd aims to achieve revenue target of Rs 600 crore in FY25

Education technology company, Veranda Learning Solutions Limited, a listed enterprise offering end-to-end solutions in the education space is aiming to achieve a revenue target of Rs 600 crore in FY25.

3 mins

Jio Studios' Double Dhamaka on Diwali

Jio Studios' highly anticipated Rohit Shetty directorial, Singham Again, released today on Diwali and the studio is planned a double festive treat by attaching the teaser of its magnum opus Marathi musical love triangle, Sangeet Manapmaan with this film.

1 min

Reliance Jio IPO likely to hit Indian stock market in 2025: Report

Reliance Industries Chairman and Managing Director Mukesh Ambani is targeting to list the group's telecom business, Jio, next year, Reuters reported on Monday citing two people in the know.

1 min

INDIA RE-ELECTED PRESIDENT OF INTERNATIONAL SOLAR ALLIANCE TILL 2026

Eight Vice Presidents of the Standing Committee, two from each of the four ISA geographical regions, were also selected by the Assembly.

2 mins

Minister holds key talks with OPEC chief, eyes balanced global oil markets

After the meet, Puri shared the post on X and wrote, \"We also took forward the enriching discussion we had during the 2nd edition of @IndiaEnergy Week in Goa about ways to ensure that global oil markets remain balanced and predictable.\"

1 min

October Sees Manufacturing PMI Jump to 57.5 in India

This increase in activity also spurred hiring across manufacturing firms, with nearly one in ten companies reporting new job additions.

1 min

Sensex sheds about 1,000 pts in volatile trade; US elections now on radar

In a highly volatile trade, Indian stock indices hovered substantially lower from the previous closing, largely due to sustained selling by foreign portfolio investors.

1 min

Trump win may boost dollar, but RBI focuses on domestic influences

The report said \"one key difference this time compared with 2019 is that a potential Trump victory would likely imply a stronger USD.

1 min

Bihar's startup empowering local youth with skills in graphic design and video

The startup's vision is clear: to transform Bihar from a labor-centric state to a skill-oriented hub, providing local talent with necessary skills for modern industries.

1 min

ATTACK ON HINDU TEMPLE IS TRUDEAU'S DOING

The same \"freedom\" excuse is given to turn a blind eye to threats issued by Khalistanis to assassinate the Indian high commissioner in Canada or to vandalise statues and temples. No action is ever taken against these thugs in the belief that they can mobilise their community to vote for a particular party.

3 mins

US-China power struggle in Myanmar's quest for stability

The United States and China have emerged as influential players in Myanmar's turbulent political landscape, driven by distinct yet strategically important interests.

4 mins

'WHAT LEGACY WILL I LEAVE?' THE QUIET REVOLUTION OF AI IN CJI CHANDRACHUD'S JUDICIAL METAMORPHOSIS

\"What legacy will I leave?\" The imagery that CJI DYC put it in our minds can result in a reflection, probably the only time when a man at the pinnacle of our judicial system will ever be seen introspecting.

4 mins

Himachal's dry spell continues; 3 districts hit record highs

Kangra, Mandi and Dharamshala recorded highest-ever maximum temperatures on Monday in the month of November as dry weather continued in Himachal Pradesh and mercury maintained a rising trend.

1 min

Muslim women group raises concerns about Waqf Board's functioning

Another meeting of the Joint Parliamentary Committee on the Waqf (Amendment) Bill, 2024 chaired by the BJP MP Jagdambika Pal, held on Monday in Parliament House Annexe witnessed broad support from Muslim women group for the proposed legislation aimed at enhancing the management and regulation of Waqf properties in India.

1 min

SC UPHOLDS NGT'S RS 58.38 CR FINE ON AGRA FOR 'POLLUTING' YAMUNA

The NGT had penalised the Agra Nagar Nigam for reportedly allowing untreated sewage to flow into the Yamuna River

1 min

'Hate needs to be defeated,' says RJD's Tejashwi Yadav ahead of Bihar by-polls

Former Bihar Deputy Chief Minister and Rashtriya Janata Dal (RJD) leader Tejashwi Yadav on Monday emphasised that hate needs to be defeated and also expressed confidence in winning the by-polls in Bihar.

1 min

Gandhi, Kharge among senior Cong leaders invited to party's 'Delhi Nyay Yatra'

The Delhi Congress has invited senior party leaders, including Mallikarjun Kharge, Rahul Gandhi and K C Venugopal, for the month-long 'Delhi Nyay Yatra', unit chief Devender Yadav said on Monday.

1 min

Karnataka Lokayukta Summons CM for MUDA Questioning on Nov 6

Karnataka Chief Minister Siddaramaiah said on Monday that he has been summoned by the Mysore Lokayukta regarding the Mysuru Urban Development Authority (MUDA).

1 min

Court summons key witness in women's Wrestlers Harassment case

Delhi's Rouse Avenue court on Monday issued a summons to the witness/victim for recording of evidence (Examination), who was also the main participant in the women's wrestlers' protest at Jantar Mantar in January 2023.

1 min

UP bypolls deferment: Cong, SP raise question on EC's credibility; BJP welcomes move

Opposition parties in Uttar Pradesh Monday slammed the decision of deferring of bypolls with Samajwadi Party chief Akhilesh Yadav alleging the postponement was an old trick of the BJP to avoid losing elections.

2 mins

Delhi High Court: When Previous Employer Accepts Resignation, New Employer Cannot Deny Appointment To Selected Employee

The Delhi High Court in the case observed wherein the writ petition is filed stating that if an employee has already been relieved by the previous employer, then the new employer cannot deny appointment to an employee who has passed the selection process.

1 min

SC Relaxes Bail Condition That Journalist Siddique Kappan Should Report At UP Police Station Every Week

The Supreme Court in the case Sidhique Kappan versus State Of Uttar Pradesh observed and has relaxed the bail condition that Kerala journalist Siddique Kappan should record his presence at the police station in Uttar Pradesh every Monday in connection with the alleged Hathras conspiracy case.

1 min

Supreme Court Allows Appeal Against Retrospective Application Of Electricity Act, 2003

The Supreme Court in the case The Madhya Pradesh Madhya Kshetra Vidyut Vitran Company Limited And Ors versus. Bapuna Alcobrew observed and has allowed the appeal wherein the Special leave petition is filed against the judgement of Madhya Pradesh High Court dated October 13, 2011.

1 min

Kerala High Court: Challenge To Nine-Year-Old Appointment Through New Petitioners Not Possible If Earlier Petitions Were Dismissed For Delay

The Kerala High Court in the case observed and has dismissed the writ appeal filed challenging the order of single judge wherein the court directed fresh consideration of representations against a professor's appointment.

1 min

SUPREME COURT DEPRECATES PRACTICE OF LITIGANT ENGAGING NEW LAWYER TO REARGUE CASE AFTER COURT EXPRESSED DISSATISFACTIONON MERITS

The Supreme Court in the case Pintu Madanmohan Mondal v. State of West Bengal & Ors observed and has criticized a litigant who, through a newly engaged lawyer, tried to reargue a case despite the Court having earlier expressed dissatisfaction with the merits of the case after hearing the arguments but allowed the lawyers for seeking further instructions.

2 mins

Allahabad High Court: Ghaziabad Bar Association Moved Seeking SIT Probe Into Court Lathicharge Violence Against Lawyers

The Allahabad High Court in the case observed wherein the Ghaziabad Bar Association has moved seeking an SIT investigation, under the direct supervision of the High Court, into the recent lathi-charge violence against advocates in Ghaziabad Court.

2 mins

Railways deploys 195 special trains from Delhi to aid passenger travel

Ahead of the Chhath Puja, Railway Board Chairman Satish Kumar on Sunday inspected facilities and said Railways are operating 195 special trains in 13 days from the Delhi area this year to facilitate the passengers.

1 min

Pollution increasing due to low wind speeds: Gopal Rai

Air pollution in Delhi is increasing due to low wind speeds, Environment Minister Gopal Rai said on Monday.

1 min

SC ORDERS ACTION ON VEHICLE STICKERS IN NCR

The NCR states include Rajasthan, Uttar Pradesh and Haryana

2 mins

November 7 public holiday for Chhath, schools closed

Delhi Chief Minister Atishi has declared November 7, 2024, a public holiday to celebrate Chhath Puja, a significant festival for the Purvanchali community in the capital.

1 min

LG reviews 3 new criminal laws implementation

Delhi Lieutenant Governor VK Saxena on Monday reviewed the implementation of the three new criminal laws and instructed senior officials to strictly adhere to the timelines prescribed for upgrading and augmenting the infrastructure and manpower required for their smooth execution.

1 min

BJP protests at CM Atishi's residence demanding bus marshals' reinstatement

The Delhi unit of the Bharatiya Janata Party (BJP) held a significant protest outside the residence of Chief Minister Atishi Marlena Singh, demanding the reinstatement of bus marshals and civil defense personnel.

1 min

AAP, BJP clash over Chhath Puja ghats

Amid an ongoing political clash between the Aam Aadmi Party (AAP) and the Bharatiya Janata Party (BJP) over the establishment of Chhath Puja Ghats in Delhi, Chief Minister Atishi criticized the BJP on Monday for allegedly \"obstructing preparations\" for the festival, branding the party as \"anti-Purvanchal.\"

1 min

Air purifier sales surge 50% amid worsening air quality

Demand for air purifiers has witnessed a surge as air quality, especially in Delhi NCR, dropped to hazardous levels, according to manufacturers of the product.

1 min

'CHHATH GHATS PREPARED AT MORE THAN 1K LOCATIONS'

Delhi Chief Minister Atishi on Monday reviewed the preparations for Chhath Puja at ITO ghat and said that at more than 1000 locations Chhath ghats are being prepared.

1 min

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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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