The Business Guardian - January 05, 2025

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January 05, 2025

IT companies gear up for Q3 results

As the quarterly results season begins next week, the Indian IT services sector is preparing for a mixed performance in the third quarter of FY25, a period traditionally considered weak due to seasonal furloughs, according to a report by Centrum.

2 mins

Indians' Consumption of Pulses, Cereals Declines by 5 Percent in 12 Years

Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI).

1 min

FPI Selloff: Rs 4,285 Cr Equity Outflow in 2025

Foreign Portfolio Investors (FPIs) have started 2025 on a cautious note in Indian equities, with a net selling of Rs 4,285 crore in just the first three trading sessions of the year, according to data from the National Securities Depository Limited (NSDL).

1 min

NSE Achieves Record Numbers of IPOs in 2024

The National Stock Exchange (NSE) on Friday announced that it achieved record numbers of IPOs within Asia and the highest equity capital raised in the primary market globally in the calendar year 2024.

1 min

Centralized Pension Payments System fully rolled out

In a move towards enhancing pension services, EPFO completed the full-scale rollout of the new Centralized Pension Payments System (CPPS) under the Employees' Pension Scheme 1995 in December 2024.

1 min

India's CAD To Remain Elevated In FY26

India's current account deficit (CAD) is expected to remain elevated in FY26 due to stringent global trade policies, according to a report by JM Financial.

1 min

Chouhan reviews schemes with states ahead of Budget

Agriculture minister Shivaraj Singh Chouhan on Saturday reviewed various schemes with state agriculture ministers and sought their suggestions on ongoing programmes and budget allocation ahead of the Union Budget.

1 min

Media Companies Likely to Report Subdued Performance in Q3 Results

Media companies are likely to report a subdued performance in the upcoming Q3FY25 results, according to a report by Nuvama.

1 min

Anant Ambani Vows To Take Jamnagar's Legacy To New Heights

Anant Ambani, Director of Reliance Industries Limited, expressed his vision to take Jamnagar's prestige to new heights as India celebrates 25 years of its iconic refinery.

1 min

Data protection rules balance regulation, says Ashwini Vaishnaw

The draft protection rules released by the government create a balance between regulation and innovation while completely protecting citizen rights, Union minister Ashwini Vaishnaw said on Saturday.

2 mins

INDIA'S DEMOGRAPHIC SHIFT: REDEFINING RETIREMENT IN THE 21ST CENTURY

\"Demography is destiny.\" This quote by Auguste Compte reminds of the significant and rapid demographic change in India, which was long regarded as a youthful nation with a vigorous working-age population.

3 mins

The Economic Opportunity Amid South Korea's Turmoil

India is emerging as a beacon of economic opportunity in a world shaped by geopolitical tensions.

3 mins

Blinkit Adds Quick Ambulance Service To Its Kitty

After daily essentials, beauty and cosmetics, pet care products, baby care products, food items, among others, Blinkit has added one more service to its kitty, and it is for a social cause—ambulances at patient's doorstep in about 10 minutes.

1 min

Additional telecom infrastructure put in place for Mahakumbh

With the Mahakumbh Mela 2025 fast approaching, the Department of Telecommunications (DoT) has made significant preparations to ensure seamless communication for millions of devotees and visitors, with upgrades to telecom infrastructure across the city, fair area, and key public spaces in Prayagraj, Uttar Pradesh.

1 min

BR Goyal Infra sets SME IPO price

B R Goyal Infrastructure on Saturday said it has fixed a price band of Rs 128-135 per equity share for Rs 85.21 crore initial share sale, which will hit the markets on January 7.

1 min

GEG Launches Refreshed Brand Identity

The Godrej Enterprises Group (GEG), a leading diversified engineering and design-led conglomerate, unveiled a refreshed brand identity aimed at unlocking new worlds for customers and other stakeholders.

2 mins

Vande Bharat Sleeper Trains to Run on Tracks Soon

With a speed of up to 180 kilometers per hour, the Vande Bharat sleeper trains will soon run on tracks to give commuters a world-class travel experience.

1 min

DPIIT partners with Start-up Policy Forum

The Department for Promotion of Industry and Internal Trade (DPIIT), on Friday partnered with the Startup Policy Forum (SPF), a reputed industry organisation representing India's leading new-age companies, the Ministry of Commerce and Industry stated in a release.

1 min

Adani Enterprises to Exit Adani Wilmar JV

Adani Enterprises is set to exit a joint venture with Adani Wilmar and for that, it has signed an agreement with Wilmar International.

1 min

Social Media Users Under 18 to Require Parental Consent

The Ministry of Electronics and Information Technology (MeitY) has released the draft rules for the Digital Personal Data Protection (DPDP) Act, 2023, passed by Parliament last year.

1 min

TV actor Shweta Tiwari withdraws plea in Bombay HC

Television actor Shweta Tiwari recently withdrew her petition before the Bombay High Court seeking to quash a forgery case against her, after the police submitted an A-summary report.

1 min

Nampally Court Grants Bail to Actor Allu Arjun

The Hyderabad Court on Friday granted regular bail to Telugu actor Allu Arjun, who had been named as an accused in a case related to a fatal stampede during the premiere of his film Pushpa-2.

1 min

CBI Doesn't Need State Consent to File FIR: SC

The Supreme Court has recently said that the CBI does not require the permission of the state governments to register cases against the Central officials posted in different areas of the states.

1 min

Delhi HC Turns Down FIR Against Doctor in PC & PNDT Act

The Delhi High Court recently quashed an FIR against a doctor accused of revealing a foetus' sex, citing insufficient evidence of any legal violation.

1 min

Allahabad HC Stays Arrest of SP MP Ziaur Rahman Barq

The Allahabad High Court on Friday issued a temporary stay on the arrest of Samajwadi Party MP Ziaur Rahman Barq, who is accused in connection with the violence that erupted in Sambhal district, Uttar Pradesh, during a survey of the Shahi Jama Masjid, a historic Mughal-era mosque.

1 min

Court Remands Accused Couple to Judicial Custody

A court in Thane district, Maharashtra, has remanded a couple in judicial custody until January 18 for their alleged involvement in the abduction, rape, and murder of a 12-year-old girl.

1 min

Court grants one week time to Bansuri Swaraj to file response

A Rouse Avenue court on Saturday granted BJP MP Bansuri Swaraj a week's time to file documents in response to a defamation complaint by AAP leader and former minister Satyendra Jain.

1 min

M&M Records 16 Per Cent Increase in December Sales

Automotive company Mahindra & Mahindra (M&M Ltd.) witnessed a 16 per cent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing.

1 min

Maruti Registers 30 Per Cent Increase in December Sales

In December 2024, Maruti Suzuki India sold a total of 178,248 car units, which is about 30 per cent higher than a year ago period.

1 min

China Proposes Export Controls on Critical EV Technology

China is planning to impose new export restrictions on technologies used to extract minerals vital for the global electric vehicle (EV) industry, signaling an escalation in its ongoing tech rivalry with the United States, CNN reported.

2 mins

Hyundai Teases Creta Electric Ahead of 2025 Launch

Hyundai has officially teased the upcoming Creta Electric, its latest electric SUV, which is anticipated to launch at the 2025 Bharat Mobility Global Expo.

1 min

Bajaj Auto Domestic Sales Slumped in December, Offset by Rise in Exports

In December 2024, Bajaj Auto's total sales (including two-wheelers and commercial vehicles) stood at 3,23,125 units, marginally lower by 1 per cent compared to 3,26,806 units in December 2023.

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:

* 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.
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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.