CATEGORIES

FIRST BUS SERVICE ON ATAL SETU FINALIZED BY BEST
The Business Guardian

FIRST BUS SERVICE ON ATAL SETU FINALIZED BY BEST

Mumbai is gearing up for its inaugural public transport bus service on the Mumbai Trans Harbour Link (MTHL), also known as Atal Setu, as the Brihanmumbai Electric Supply and Transport (BEST) has settled on route S-145 in coordination with the Chalo app.

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1 min  |
February 08, 2024
The Business Guardian

MUMBAT'S 2050 SPENDING TO SOAR 166% TO TACKLE ESCALATING URBAN HEAT

In the aftermath of a record-breaking global heat year in 2023, a new international study warns that Mumbai's expenditure to manage urban heat, intensified by rapid urbanization, may surge by 166% in 2050 if carbon emissions continue to rise. The study, conducted by Moody's RMS, focuses on Mumbai, New York, Paris, and Rio de Janeiro.

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1 min  |
February 08, 2024
TRIO WHO REACHED MUMBAI FROM KUWAIT ON A BOAT HELD FOR ILLEGAL ENTRY INTO INDIA
The Business Guardian

TRIO WHO REACHED MUMBAI FROM KUWAIT ON A BOAT HELD FOR ILLEGAL ENTRY INTO INDIA

The Mumbai police on Wednesday arrested three persons for entering India illegally, a day after they reached the metropolis on a boat from Kuwait, an official said. The boat with the trio on board was anchored at the Gateway of India on Tuesday. Prima facie, nothing suspicious was found on the boat, he said.

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1 min  |
February 08, 2024
The Business Guardian

SUPREME COURT POSTS SNC LAVALIN CASE FOR FINAL HEARING ON MAY 01, 2024

The Supreme Court in the case Kasthuri Ranga Iyer v. State represented by Addl. Superintendent of Police CBI and Ors. observed wherein the appeal was filed by the Central Bureau of Investigation challenging the discharge of Kerala Chief Minister Pinarayi Vijayan and certain officials in the SNC Lavalin case for final hearing on May 01, 2024.

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2 mins  |
February 08, 2024
The Business Guardian

SUPREME COURT: COMMON INTENTION CANNOT BE INFERRED MECHANICALLY MERELY BASED ON PRESENCE OF ACCUSED NEAR CRIME SCENE

The Supreme Court in the case Velthepu Srinivas v. State Of Andhra Pradesh, now the State of Telangana observed while affirming that the life imprisonment of three accused or appellants for murder, modified the sentence of another accused, A3 to culpable homicide and sentenced him to ten years.

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2 mins  |
February 08, 2024
The Business Guardian

DELHI HIGH COURT CALLS FOR MEETING TO ENSURE BANKS FOLLOW SOP ON PROVIDING INFO ABOUT FRAUDULENT TRANSACTIONS TO LAW ENFORCEMENT AGENCIES

The Delhi High Court in the case Dabur India Limited v. Ashok Kumar and Ors & other connected matters observed and has directed the Indian Banks Association, IBA to hold a meeting to ensure that all banks follow the Standard Operating Procedure SOP in respect of providing information on fraudulent transactions to the law enforcement agencies.

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1 min  |
February 08, 2024
iPhone reigns in China's smartphone market
The Business Guardian

iPhone reigns in China's smartphone market

Apple Inc.'s iPhone emerged as the top-selling smartphone series in China for the first time in 2023, showcasing robust performance amid intense local competition and expanding government restrictions.

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3 mins  |
February 08, 2024
DEEPENING, MATURING, EXPANDING, INDIA AND US FORGE CLOSER BONDS
The Business Guardian

DEEPENING, MATURING, EXPANDING, INDIA AND US FORGE CLOSER BONDS

Despite challenges, he found a consistent thread of positivity in these interactions, reinforcing his belief that the U.S.-India partnership would endure through crises and continue to progress.

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4 mins  |
February 08, 2024
Sun Pharma to acquire remaining 21.52% shares of Taro
The Business Guardian

Sun Pharma to acquire remaining 21.52% shares of Taro

Sun Pharmaceutical IndusStre tries has entered an agreement with Taro Pharmaceutical to acquire the balance 21.52 percent stake in the Israel-based company for a cash consideration of $43 per share amounting to $347.73 million (Rs 2,982 crore).

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1 min  |
February 08, 2024
Pichai hints at more layoffs at Google in 2024
The Business Guardian

Pichai hints at more layoffs at Google in 2024

A day f day following the termination of approximately 1,000 employees, Google's CEO Sundar Pichai hinted at the possibility of additional job cuts in the coming year, as reported by The Verge.

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1 min  |
February 08, 2024
BOEING LANDS 150 MAX JET ORDER FROM AKASA AMIDST INDUSTRY CHALLENGES
The Business Guardian

BOEING LANDS 150 MAX JET ORDER FROM AKASA AMIDST INDUSTRY CHALLENGES

Akasa’s total order book now stands at 226 aircraft, bolstering its domestic and international expansion plans, according to the statement.

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2 mins  |
February 08, 2024
Adani enhances market standing, secures 7 GW Khavda project
The Business Guardian

Adani enhances market standing, secures 7 GW Khavda project

Adani Energy Solutions limited (AESL) announced on 28 December that it has secured a letter of intent (Lol) to acquire Halvad Transmission from PFC Consulting Limited (PFCCL). Halvad Transmission, a special-purpose vehicle established by PFCCL, is dedicated to evacuating 7 gigawatts (GW) of renewable energy (RE) from the Khavda RE park in Gujarat.

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1 min  |
February 08, 2024
Indian Railways powers up Northeast: electrifies 937 RKM tracks
The Business Guardian

Indian Railways powers up Northeast: electrifies 937 RKM tracks

In the northeastern reLgion of India, the railway network is swiftly undergoing electrification to achieve Net Zero Carbon Emissions by 2030.

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1 min  |
February 08, 2024
GOVT CRACKS DOWN ON ACTION AGAINST DECEPTIVE LOAN APP PROMOTIONS
The Business Guardian

GOVT CRACKS DOWN ON ACTION AGAINST DECEPTIVE LOAN APP PROMOTIONS

The central government is taking action against the promotion of deceptive loan apps on social media

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1 min  |
February 08, 2024
PM Modi unveils ambitious development agenda in Goa: Key projects, initiatives unveiled
The Business Guardian

PM Modi unveils ambitious development agenda in Goa: Key projects, initiatives unveiled

The Prime Minister, Shri NaThe rendra Modi inaugurated and laid the foundation stone for development projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa today.

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3 mins  |
February 08, 2024
ONGC ties up with Total Energies to detect, measure methane emissions
The Business Guardian

ONGC ties up with Total Energies to detect, measure methane emissions

State-run energy company She corporation has signed an agreement for cooperation with TotalEnergies to carry out methane emissions detection and measurement campaigns.

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1 min  |
February 08, 2024
India set to invest around 67 bn over 5-6 yrs, lift refining capacity to 450 MMTPA: Modi
The Business Guardian

India set to invest around 67 bn over 5-6 yrs, lift refining capacity to 450 MMTPA: Modi

The India Energy Week comes at a pivotal juncture when the initial six months of this fiscal year has seen India's GDP growth rate surge by over 7.5 percent -a figure surpassing global growth estimates -- and the country has emerged as the world's third-largest energy consumer, oil consumer and LPG consumer as well as the fourth-largest importer of LNG, refiner and automobile market globally.

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2 mins  |
February 08, 2024
GOVT RECEIVED INVESTMENT PROPOSALS WORTH RS 33,129 CR DURING WORLD FOOD INDIA 2023
The Business Guardian

GOVT RECEIVED INVESTMENT PROPOSALS WORTH RS 33,129 CR DURING WORLD FOOD INDIA 2023

MoFPI in India sees a surge in investment interest totaling Rs 33,129 crore, driven by schemes and initiatives promoting the food processing sector’s growth

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1 min  |
February 08, 2024
Mortgage Rates Surge Past 7% Amid Economic Rebound
The Business Guardian

Mortgage Rates Surge Past 7% Amid Economic Rebound

The The average rate on the popular 30-year fixed mortgage crossed over 7% on Monday for the first time since December, hitting 7.04%, according to Mortgage News Daily.

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2 mins  |
February 07, 2024
Review Order Banning Paytm Bank Services, Founders Urge Govt
The Business Guardian

Review Order Banning Paytm Bank Services, Founders Urge Govt

In a In a concerted effort to adLdress concerns regarding the recent regulatory directive impacting Paytm Payments Bank (PPBL), a group of prominent startup founders has penned a letter to key governmental bodies, including the Prime Minister, the Finance Minister, and the Reserve Bank of India (RBI).

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3 mins  |
February 07, 2024
Worli Seaface: Mumbai's Very Own Billionaires Row
The Business Guardian

Worli Seaface: Mumbai's Very Own Billionaires Row

Akin to the ultra-luxury towers dotting the southern tip of Central Park in Manhattan, Mumbai is also witnessing the emergence of its very own Billionaires' Row at Worli Seaface. Much like the famed New York neighbourhood, Worli Seaface with some of the most super premium and high-value residences in the city, has gained a reputation as the address that spells success.

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2 mins  |
February 07, 2024
DELHI HIGH COURT REFUSED TO QUASH SUMMONS AGAINST ARWIND KEJRIWAL: RETWEETING DEFAMATORY CONTENTS AMOUNTS TO DEFAMATION
The Business Guardian

DELHI HIGH COURT REFUSED TO QUASH SUMMONS AGAINST ARWIND KEJRIWAL: RETWEETING DEFAMATORY CONTENTS AMOUNTS TO DEFAMATION

T he Delhi High Court in the case Arvind Kejriwal v. State and Anr. observed and has refused to quash the summons issued against Delhi Chief Minister Arvind Kejriwal in a criminal defamation case for retweeting an allegedly defamatory video which is posted by YouTuber Dhruv Rathee in 2018.

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2 mins  |
February 07, 2024
CHINESE PREZ DIGS IN HIS HEELS DESPITE MOUNTING SETBACKS
The Business Guardian

CHINESE PREZ DIGS IN HIS HEELS DESPITE MOUNTING SETBACKS

Lam predicted Xi likely would not seek to reign beyond a fourth five-year term, although at that time he might remain a power behind the throne by retaining the chairmanship of the allimportant Central Military Commission.

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3 mins  |
February 07, 2024
Indian toy makers secure 10M+ orders at nuremberg toy fair
The Business Guardian

Indian toy makers secure 10M+ orders at nuremberg toy fair

Indian Toy Manufacturers Secure Orders Exceeding $10 turers Secure Orders Exceeding $10 Million at Prestigious Nuremberg International Toy Fair in Germany, Held from January 30 to February 3, 2024.

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1 min  |
February 07, 2024
S P apparels acquires young brand apparel for Rs 223 cr
The Business Guardian

S P apparels acquires young brand apparel for Rs 223 cr

SIS Apparels Ltd (SPAL), a leading apparel manufacturer and exporter, has signed a definitive agreement to acquire Young Brand Apparel Private Limited (YBAPL), a subsidiary of Bannari Amman Spinning Mills, for a value of Rs 223 crore.

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1 min  |
February 07, 2024
AUDI BULLISH ON INDIA; EXPECTS LOW LUXURY CAR PENETRATION UNTIL TAX RATIONALIZATION
The Business Guardian

AUDI BULLISH ON INDIA; EXPECTS LOW LUXURY CAR PENETRATION UNTIL TAX RATIONALIZATION

Audi anticipates that the growth rate of India’s luxury car market will decrease to the low double digits in 2024, contrasting with the approximately 25 percent growth seen in 2023

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2 mins  |
February 07, 2024
Mumbai 4th wealthiest BRICS city; Bengaluru tops emerging millionaire hotspots
The Business Guardian

Mumbai 4th wealthiest BRICS city; Bengaluru tops emerging millionaire hotspots

A recent Wealth Report by Henley & Partners in collaboration with New World Wealth, Bengaluru, also known as the 'Silicon Valley' of India, is anticipated to emerge as one of the globe's fastest-growing millionaire centers in the next decade.

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1 min  |
February 07, 2024
Approval expected for four state-owned banks to raise funds in H1 FY25
The Business Guardian

Approval expected for four state-owned banks to raise funds in H1 FY25

The The central government is contemplating allowing at least four state-owned banks to raise funds or expand their public float in the first half of the upcoming financial year (FY25) to enhance their lending operations and encourage greater public involvement.

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1 min  |
February 07, 2024
STATE COMMITTEE APPROVES RS 658 CR BUDGET FOR PM POSHAN SCHEME
The Business Guardian

STATE COMMITTEE APPROVES RS 658 CR BUDGET FOR PM POSHAN SCHEME

State-Level committee approves Rs 658 crore budget for PM POSHAN Scheme, including Rs 457.26 crore state allocation

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1 min  |
February 07, 2024
India-Qatar LNG deal, 20-year extension secured
The Business Guardian

India-Qatar LNG deal, 20-year extension secured

India is poised to finalize La substantial USD 78 billion deal aimed at extending liquefied natural gas (LNG) imports from Qatar for an additional 20 years, sources revealed. Petronet LNG Ltd, the country's largest LNG importer, is anticipated to ink the agreement with Qatar Energy during the India Energy Week (IEW) gathering. The deal is expected to secure supplies of 7.5 million tonnes of LNG annually for various purposes, including electricity generation, fertilizer production, and conversion to compressed natural gas (CNG).

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1 min  |
February 07, 2024