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The Business Guardian

SUPREME COURT ISSUED NOTICE ON CBI'S PLEA TO TRANSFER TRAIL OF POST POLL VIOLENCE CASES OUT OF WEST BENGAL

The Supreme Court in the case Central Bureau of Investigation v. State of West Bengal And Ors. observed and has stayed the proceedings in various trial courts across the state related to incidents of alleged violence following the 2021 state assembly polls.

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1 min  |
February 17, 2024
The Business Guardian

CALCUTTA HIGH COURT DISMISSED SECTION 8 APPLICATION DUE TO NON-RENEWAL OF ORIGINAL AGREEMENT; ARBITRATION CANNOT BE INFERRED FROM PARTIES' CONDUCT ALONE

The Calcutta High Court in the case Tarit Mitra and Anr. vs Sharad Goenka observed and has adjudicated on the matter which involves a civil suit for possession of premises from the tenants and an application made under Section 8 of the Arbitration and Conciliation Act, 1996 by the tenants seeking to refer the dispute to arbitration based on the tenancy agreement which had expired a few years ago and was not novated or renewed.

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2 mins  |
February 17, 2024
Solar & battery storage to spearhead U.S. power generation surge in 2024
The Business Guardian

Solar & battery storage to spearhead U.S. power generation surge in 2024

Solar and battery storage are new electricity generation in the United States in 2024, according to recent data released by the US Energy Information Administration (EIA).

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1 min  |
February 17, 2024
ADAFSA, WHO organise National Training Workshop to assess burden of foodborne diseases
The Business Guardian

ADAFSA, WHO organise National Training Workshop to assess burden of foodborne diseases

The Abu Dhabi Agricul Authority (ADAFSA), in partnership with the World Health Organization (WHO), recently organized a national workshop focused on estimating the burden of foodborne diseases.

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3 mins  |
February 17, 2024
PAKISTAN CARETAKER GOVT HIKES PETROL PRICE BY PKR 2.73 PER LITRE
The Business Guardian

PAKISTAN CARETAKER GOVT HIKES PETROL PRICE BY PKR 2.73 PER LITRE

Although the notification did not address any alterations in the prices of light-diesel oil (LDO) and kerosene oil, the hike in petrol prices surpasses earlier expectations.

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1 min  |
February 17, 2024
Sony eyes growth opportunities in India post Zee Merger collapse
The Business Guardian

Sony eyes growth opportunities in India post Zee Merger collapse

With the proposed merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, according to a top company official.

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2 mins  |
February 17, 2024
M&M to utilize Volkswagen electric components
The Business Guardian

M&M to utilize Volkswagen electric components

Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker's open platform for electric vehicles (EVS), Volkswagen said on Friday.

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1 min  |
February 17, 2024
COGNIZANT'S WORKFORCE SHRINKS: 7,600 JOBS SLASHED, 4,500 IN INDIA
The Business Guardian

COGNIZANT'S WORKFORCE SHRINKS: 7,600 JOBS SLASHED, 4,500 IN INDIA

Cognizant also reported a decline in voluntary attrition to 13.8% in 2023 from 25.6% in the previous year.

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1 min  |
February 17, 2024
Bagchi-Sri Shankara Center opens in Odisha
The Business Guardian

Bagchi-Sri Shankara Center opens in Odisha

Chief Minister Naveen -Patnaik inaugurated the Bagchi-Sri Shankara Cancer Centre and Research Institute on Thursday, a 750-bed hospital spread across 22 acres at Info Valley-II on the outskirts of the city.

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1 min  |
February 17, 2024
JSW pours Rs 65,000 crore into Odisha steel, cement plants
The Business Guardian

JSW pours Rs 65,000 crore into Odisha steel, cement plants

JSW Group has unveiled ambitious plans to invest Rs 65,000 crore in Odisha, encompassing the establishment of an integrated steel unit, a power plant, a cement factory, and a port facility, according to a statement released by the company on February 16.

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1 min  |
February 17, 2024
PM MODI LAUNCHES NLC'S 300 MW SOLAR PROJECT
The Business Guardian

PM MODI LAUNCHES NLC'S 300 MW SOLAR PROJECT

Costing Rs 1,756 crore, is set to complete by September and has secured a tariff agreement of Rs 2.52 per unit for 25 years with Rajasthan Urja Vikas Nigam Ltd for affordable power supply to government entities.

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1 min  |
February 17, 2024
No more Paytm FASTags, Highway authority delists payment bank
The Business Guardian

No more Paytm FASTags, Highway authority delists payment bank

Indian Highways Management Company Ltd (IHMCL), the toll-collecting arm of the state-owned National Highways Authority of India (NHAI), has advised highway users to purchase FASTags from 32 authorized banks, excluding Paytm Payments Bank, for seamless travel experiences.

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2 mins  |
February 17, 2024
Goldman Sachs predicts 6%+ growth for Indian economy
The Business Guardian

Goldman Sachs predicts 6%+ growth for Indian economy

India's economic growth trajectory may surpass 6 percent for the remainder of the decade, potentially attracting increased investments from China, according to Santanu Sengupta, Goldman Sachs Group Inc.'s India economist.

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2 mins  |
February 17, 2024
INDIA'S TECH SECTOR SLOWS DOWN, REACHING $253.9 BILLION IN FY24
The Business Guardian

INDIA'S TECH SECTOR SLOWS DOWN, REACHING $253.9 BILLION IN FY24

India's technology industry is anticipated to see a slower growth rate, with revenue expected to reach $253.9 billion by the end of the fiscal year 2024, according to the Annual Strategic Review report by the National Association of Software and Service Companies (NASSCOM), released on February 16.

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1 min  |
February 17, 2024
India leads AI adoption, 59% of businesses using it
The Business Guardian

India leads AI adoption, 59% of businesses using it

A recent study conducted by IBM has revealed that Indian companies are at the forefront of adopting Artificial Intelligence (AI) technology.

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2 mins  |
February 17, 2024
INDIA GREENLIGHTS €84,560 CRORE DEFENCE EQUIPMENT PURCHASE
The Business Guardian

INDIA GREENLIGHTS €84,560 CRORE DEFENCE EQUIPMENT PURCHASE

DAC approved key proposals including new anti-tank mines, air defense radar, torpedoes, maritime reconnaissance aircraft, flight refuelers, and radios, bolstering Indian Navy and Coast Guard capabilities.

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3 mins  |
February 17, 2024
The Business Guardian

Ex-Navy officer scammed of Rs 68 L in fraud scheme

A Bhopal resident, and exNavy officer, fell victim to an elaborate scam orchestrated by fraudsters based in Mumbai, resulting in a loss of Rs 68 lakh.

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1 min  |
February 16, 2024
Logicknots Unveils Landmark P'ship to Elevate Semiconductor Design for Education & Skill Development
The Business Guardian

Logicknots Unveils Landmark P'ship to Elevate Semiconductor Design for Education & Skill Development

In a significant step toward advancing semiconductor design education and skill development, Logicknots India Private Limited has entered into a strategic partnership with the National Skill Development Corporation and IIT Guwahat.

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1 min  |
February 16, 2024
OVER 8 LAKH VEHICLES PLY ON ATAL SETU IN OVER ONE MONTH
The Business Guardian

OVER 8 LAKH VEHICLES PLY ON ATAL SETU IN OVER ONE MONTH

The recently inaugurated Atal Bihari Vajpayee Mumbai Trans Harbour Link (MTHL) sea bridge has recorded traffic of over 8 lakh vehicles as of now, as per the Mumbai Metropolitan Region Development Authority.

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1 min  |
February 16, 2024
BITS Pilani ventures into design education, unveils BITS Design School in Mumbai
The Business Guardian

BITS Pilani ventures into design education, unveils BITS Design School in Mumbai

BITS Pilani has announced the establishment of BITS Design School (BITSDES), a pioneering initiative aimed at creating a forward-looking design institution that integrates technology, business acumen, and entrepreneurial spirit into design education.

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1 min  |
February 16, 2024
The Business Guardian

SUPREME COURT: ELECTORAL BONDS NOT THE ONLY WAY TO CURB BLACK MONEY, THERE ARE ALTERNATIVE MEANS WHICH ARE LESS RESTRICTIVE

The Supreme Court in the case observed that the purpose of curbing black money is not a sufficient justification to anonymise the identities of donors and the details of the contributions in the electoral bonds scheme.

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2 mins  |
February 16, 2024
Supreme Court Explains: Principles To Be Followed By Appellate Courts In Declining Appeals From Acquittal
The Business Guardian

Supreme Court Explains: Principles To Be Followed By Appellate Courts In Declining Appeals From Acquittal

The Supreme Court in the case Mallappa and Ors. Versus State of Karnataka observed that if the appreciation of evidence leads to two possible views, then the decision of the Trial Court wherein it acquitted the accused could not be reversed by the Appellate Court merely because there exists another view that led to the conviction of the accused.

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2 mins  |
February 16, 2024
INDIA KEY PARTNER WITH US IN SOUTH ASIA, SAYS AMERICAN OFFICIAL
The Business Guardian

INDIA KEY PARTNER WITH US IN SOUTH ASIA, SAYS AMERICAN OFFICIAL

The Biden administration has emphasized India's pivotal role in South Asia, highlighting collaborative efforts to implement a multi-billion-dollar climate infrastructure plan.

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1 min  |
February 16, 2024
Tata Group and Uber explore Digital engagement partnership
The Business Guardian

Tata Group and Uber explore Digital engagement partnership

The is engaging in talks with Uber Technologies to forge a strategic alliance focused Ion boosting traffic volumes and enhancing engagement on Tata's digital platform.

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1 min  |
February 16, 2024
Kerala govt to revise pricing mechanism for supplyCo
The Business Guardian

Kerala govt to revise pricing mechanism for supplyCo

The Kerala government it decided to make changes to the pricing mechanism of Supply Co with regard to the subsidised items to help it reduce its losses.

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1 min  |
February 16, 2024
UK SPACE AGENCY ALLOCATES £7.4 MILLION FOR SPACE MISSIONS
The Business Guardian

UK SPACE AGENCY ALLOCATES £7.4 MILLION FOR SPACE MISSIONS

According to the statement, the funding will allow various UK institutions to work with space agencies like ISRO (Indian Space and Research Organisation) and NASA (National Aeronautics and Space Administration).

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4 mins  |
February 16, 2024
Taiwan boosts Defence spending by 24.2% amid rising Chinese threat
The Business Guardian

Taiwan boosts Defence spending by 24.2% amid rising Chinese threat

Taiwan's defense expenditure surged by 24.2 percent in 2023 compared to the previous year, as per the annual global military report released by the London-based think tank, International Institute for Strategic Studies (IISS), as reported by Taiwan News.

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1 min  |
February 16, 2024
Redington anticipates surge in demand for AI-Powered PCs
The Business Guardian

Redington anticipates surge in demand for AI-Powered PCs

A senior executive at And Redington, a tech goods distributor in India, anticipates a resurgence in demand for personal computers in the upcoming financial year. This is attributed to customers' increasing interest in new devices incorporating artificial intelligence features.

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1 min  |
February 16, 2024
RIL IN TALKS TO ACQUIRE DISNEY'S STAKE IN TATA PLAY
The Business Guardian

RIL IN TALKS TO ACQUIRE DISNEY'S STAKE IN TATA PLAY

The oil-to-telecom conglomerate is looking to buy Walt Disney's 29.8%stake in the loss-making Tata Playas it seeks to offer its entire

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1 min  |
February 16, 2024
Tractor industry sales expected to drop 5% amid agri slowdown
The Business Guardian

Tractor industry sales expected to drop 5% amid agri slowdown

The tractor industry is likely year to a 5 percent decline in volumes over the previous year as tractor sales continue to slip owing to a slowdown in agricultural activities led by a delayed harvesting season as well as lower rabi sowing.

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1 min  |
February 16, 2024