The Business Guardian - September 26, 2024

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September 26, 2024

Delhi HC rejects Christian Michel's bail in Agusta westland scam

In the Rs 3,600-crore AgustaWestland chopper scam case, the Delhi High Court on Wednesday rejected the bail plea of British national Christian Michel James, the alleged middleman in the scam.

1 min

Siddaramaiah vows legal fight after court orders MUDA scam probe

Karnataka Chief Minister Siddaramaiah on Wednesday put up a brave face after a Special Court in Bengaluru passed an order directing Karnataka Lokyukta to conduct an investigation against him on the alleged MUDA land allotment scam.

2 mins

Leading earthing products manufacturer in India revolutionizes electrical safety

Uprotec Group, a leading manufacturer and exporter of high-quality earthing products, has announced the successful implementation of its state-of-the-art earthing and lightning protection systems at a major manufacturing facility.

3 mins

SENSEX TOPS 85,000, NIFTY SURPASSES 26.000 IN MARKET RALLY

Stock indices in India continued to march ahead, touching fresh highs on Wednesday.

1 min

DMK Cabinet reshuffle prioritizes leaders over Tamil Nadu: BJP

Amid the speculation of Tamil Nadu sports minister Udhayanidhi Stalin's elevation as deputy chief minister, BJP's Tamil Nadu unit has alleged that the DMK government's planned cabinet reshuffle is a mere deception, prioritizing leaders' interests over Tamil Nadu's welfare.

1 min

JHARKHAND CM SOREN URGES PM MODI TO RELEASE FUNDS

Jharkhand Chief Minister Hemant Soren has written to Prime Minister Narendra Modi, urging the Central government to release dues to the tune of Rs 1,36,042 crore pending as of March 2022 payable to the state exchequer from the coal companies operating in Jharkhand.

1 min

Paisabazaar aims for 50% share in home loan disbursals

Paisabazaar, India's leading marketplace for consumer credit and free credit score platform, is strongly focussing on scaling its Home Loans and other secured loan products, with an aim to take the share of secured loan disbursals to 50% of total disbursals through the platform.

4 mins

'Saudi Welcome to Arabia' rolls out the lavender carpet for India

Saudi's national tourism brand, Saudi Welcome to Arabia, has kickstarted its first-ever immersive event 'Spectacular Saudi' in Mumbai, Maharashtra.

1 min

Dreame Technology launches flagship X40 ultra robot vacuum and mop in India

Dreame Technology, a leading global brand in smart home cleaning appliances, has unveiled its latest flagship product, the Dreame X40 Ultra.

1 min

TOURIST ARRIVALS IN INDIA TRAIL GLOBAL TREND, BUT FOREX EARNINGS FROM TOURISM ARE UP: CRISIL

In the first half of 2024, foreign tourist arrivals into India stood at 4.78 million, about 90 per cent of that in the first half of pre-pandemic 2019, as per a Crisil report.

2 mins

The Evolution of Beverage Automation: Godrej Enterprises Group's role

Stepping into any modern workspace, you'll notice that coffee breaks are not just about sipping a quick cup of coffee anymore.

2 mins

Alieus Hedge Fund Raises USD 1.5 Million in just 15 days since inception

Alieus Hedge Fund, India's pioneering hedge fund tailored for the everyday investor, has achieved a remarkable milestone by raising USD 1.5 million within just 15 days of its launch.

1 min

Aayush Wellness Ltd Reports record growth and expansion in booming herbal and nutraceutical markets

Aayush Wellness Ltd (BSE: I 539528), a trailblazer in the health and wellness sector, has announced remarkable financial results, achieving a staggering 6300 per cent revenue growth yearon-year.

2 mins

Airtel launches AI spam detection, protects users in real-time

Developed in-house by Airtel's data scientists, the AI-powered solution uses a proprietary algorithm to identify and classify calls and SMSes as \"Suspected SPAM”.

1 min

Urban boom fuels retail realty growth, malls thrive

India's growing per capita income, a burgeoning middle class, and expanding urbanization are driving a surge in urban consumption, with the retail realty sector emerging as a key beneficiary of this trend, highlighted a report by Nuvama.

1 min

Illicit trade in textiles, FMCG undermines India's economy: Report

The illicit market in textiles and apparel; packaged goods; personal and household care; alcohol; and tobacco has expanded faster in India and is undermining legitimate businesses, according to a report.

1 min

Adani, Bombardier discuss aviation, defence partnerships

Adani Group Founder and Chairman Gautam Adani held a high-level meeting with Eric Martel, CEO of Bombardier on Tuesday, to discuss transformative partnerships in Aircraft.

1 min

DEV IT LAUNCHES SWIT, BOOSTING INDIA'S GLOBAL FINANCIAL HUB STATUS

Single Window IT System, developed by IFSCA, streamlines operations in financial zones, simplifying processes, improving transparency, and boosting India's global appeal.

1 min

Out-of-pocket health spending drops from 64.2% in 2013-14 to 39.4%

Union Health Secretary Apurva Chandra emphasized that the increase in government health spending is a strong indicator of the government's focus on health and financial protection, reducing the burden on individuals and moving toward Universal Health Coverage.

1 min

Digital lending soars: Rs 37,676 cr in Q1

The digital lending sector in India has shown significant growth in the first quarter of the financial year 2024-25, according to the latest FACETS report by the Fintech Association for Consumer Empowerment (FACE).

1 min

Wealthy, middle-class households to surge by 2031: Report

The number of Indian households with an annual income of more than Rs 30 lakhs per annum will increase by 11.3 crores by the financial year 2031, according to a report by U Grow Capital.

1 min

India-US alliance: A decade of geopolitical power shift

In the last 10 years, the India-US Strategic Partnership has undergone a remarkable transformation, emerging as one of the most consequential partnerships of the 21st century.

4 mins

10 YEARS OF 'MAKE IN INDIA'

The Make in India' initiative was conceived by Prime Minister Narendra Modi in 2014 to boost domestic manufacturing and attract investments.

3 mins

Supreme Court issues notice on Travancore Devaswom Board's plea challenging High Court order appointing TDB Commissioner

The Supreme Court in the case The Travancore Devaswom Board v.State Of Kerala And Ors observed and has issued notices in an appeal against the order of the Kerala High Court appointing C.V. Prakash, Additional Secretary, the State Home Department as the new Devaswom Commissioner of Travancore Devaswom Board (Board).

1 min

Supreme Court Collegium changes 3 earlier recommendations for High Court Chief Justice appointments

The Supreme Court Collegium has passed a new resolution making changes to its earlier recommendations for the appointment of Chief Justices of the High Courts.

1 min

LAND-FOR-JOBS SCAM: DELHI HIGH COURT GRANTS BAIL TO LALU YADAV'S AIDE AMIT KATYAL IN PMLA CASE

The bench headed by Justice Krishna in the case noted that there were 14 main accused persons who were MPs, MLAs or beneficiaries, but none of them were arrested, except Katyal.

2 mins

SC: PIL filed seeking proportional representation of women, queer community, disabled persons, SC/ST/OBCs in Bar Councils

The Supreme Court in the case Yogamaya M.G. Versus Union Of India And Ors observed and has issued notice wherein the Public Interest Litigation, PIL seeking proportional representation of women, queer community, differently abled and reserved category persons in the Bar Council of India and State Bar Councils.

1 min

Supreme Court posts review petitions against judgement upholding PMLA provisions to October 3

The Supreme Court in the case Karti P Chidambaram v.

2 mins

Winter action plan chalked out to tackle air pollution

With winter approaching, Delhi's air quality concerns have prompted the government to roll out a strategic Winter Action Plan aimed at curbing pollution levels in the national capital.

2 mins

MINIMUM WAGES RAISED UP TO RS 22,000

Within a few days of becoming the Chief Minister, Atishi increased the minimum wages.

1 min

Atishi as Delhi CM: AAP fails where Congress scored decade ago

Interestingly, the newlyappointed Delhi Chief Minister Atishi's Twitter (now \"X\") description has a quote by American cultural anthropologist Margaret Mead that says: 'Never doubt that a small group of thoughtful, concerned citizens can change the world.

2 mins

Rs 1,000 to women will be implemented before elections, says Gahlot

Delhi Minister Kailash Gahlot has said that the Mukhyamantri Mahila Samman Yojana, the scheme to give Es 1000 per month to women above 18 years of age, will be implemented before the assembly elections in the capital.

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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