CATEGORIES

Ranjan Pai Secures 40% Stake in Debt-Free Byju's Aakash Institute
The Business Guardian

Ranjan Pai Secures 40% Stake in Debt-Free Byju's Aakash Institute

Ranjan Pai, the chairman of Manipal Education and Medical Group, may emerge as the majority shareholder in Aakash Institute, owned by Byju's, with 40 per cent stake. The Aakash board has reportedly given the green light for the conversion of Ranjan Pai's $300 million investment made during 2023 into equity. This move values Aakash Institute, one of Byju Raveendran's key assets amid challenges in the edtech sector, at approximately $700 million and would position it as a debt-free entity.

time-read
1 min  |
January 26, 2024
The Business Guardian

Amara Raja targets Giga factory operation by End of 2025

Amara Raja Batteries Ltd announced that its inaugural giga factory is set to commence operations by the conclusion of 2025. The company emphasized the need for an integrated approach in establishing giga factories, combining advanced technology, substantial capital expenditure, giga-scale facilities, and a supportive ecosystem.

time-read
1 min  |
January 26, 2024
Tesla anticipates growth slowdown ahead of 2025 EV Model launch: Musk
The Business Guardian

Tesla anticipates growth slowdown ahead of 2025 EV Model launch: Musk

Tesla expects to start pronext-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday, after warning of a sharp slowdown in sales growth this year.

time-read
1 min  |
January 26, 2024
The Business Guardian

MAHARASHTRA DEVOTEES OFFER GIANT 7-FOOT SWORD, WEIGHING 80 KG TO RAM LALLA

Devotees from Maharashtra presented a giant 7 feet 3 inches long sword weighing 80 kilograms to Ram Lalla in Ayodhya. The present highlights the deep devotion and reverence held for Lord Ram Lalla by his followers and the connection between Ayodhya and its followers across India.

time-read
2 mins  |
January 26, 2024
The Business Guardian

DELHI HIGH COURT: DELHI INTERNATIONAL AIRPORT LIMITED, DIAL AGAINST THE DECISION TO COMMENCE COMMERCIAL FLIGHT OPERATIONS AT HINDON AIRFORCE STATION

Therefore, DLAL has also challenged acommunication issued by AAI inviting various airline operators to increase flight operations and file their respective flight schedule for availing slots at the Hindon Airforce Station.

time-read
2 mins  |
January 26, 2024
How indigenous anti-train collision system Kavach works
The Business Guardian

How indigenous anti-train collision system Kavach works

A recent trial carried out by the Agra Division of North Central Railway has yielded promising results for, the Kavach, anti-train collision system, which was tested successfully at a speed of 160 kmph.

time-read
3 mins  |
January 26, 2024
Conundrum of Coalition Governments
The Business Guardian

Conundrum of Coalition Governments

A coalition government is a form of government in which political parties cooperate to form a government. The usual reason for such an arrangement is that no single party has achieved an absolute majority after an election.

time-read
3 mins  |
January 26, 2024
Surrogacy: Navigating rights, ethics, and religious perspectives in today's world
The Business Guardian

Surrogacy: Navigating rights, ethics, and religious perspectives in today's world

Recently, an insightful article penned by Sarah Jefford, titled \"I am a surrogate mother -the Pope should stay out of my life\", has found its place in The Age newspaper of Australia, delving into the statements made by the Pope regarding surrogacy.

time-read
3 mins  |
January 26, 2024
Global entities call on Taliban to reopen girls' schools
The Business Guardian

Global entities call on Taliban to reopen girls' schools

As the world observed the International Day of Education international organizations have united in calling for the immediate lifting of the ban on girls' education in Afghanistan, a restriction that has persisted for over two years.

time-read
2 mins  |
January 26, 2024
iPhone reigns in China's smartphone market
The Business Guardian

iPhone reigns in China's smartphone market

Apple Inc.'s iPhone Apple 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. According to market tracker IDC, the iPhone secured the first position in shipments for both the fourth quarter and the overall year. Despite earlier predictions of a decline in iPhone sales during the fourth quarter, timely discounts and promotions helped Apple maintain its market share.

time-read
3 mins  |
January 26, 2024
DEEPENING, MATURING, EXPANDING, INDIA AND US FORGE CLOSER BONDS
The Business Guardian

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

In a farewell ceremony held at the India House, sador to the United States, Taranjit Singh Sandhu, highlighted the deepening and maturing relationship between the two largest democracies. The 61-year-old Sandhu, who is set to retire later this month after over 35 years in the foreign service, expressed that the India-U.S. relationship has expanded across various domains, including technology, trade, defense, space, healthcare, education, skilling, and people-to-people connections.

time-read
3 mins  |
January 26, 2024
OPPO and Nokia resolve patent dispute with cross-license agreement
The Business Guardian

OPPO and Nokia resolve patent dispute with cross-license agreement

OPPO, based in China, and Finland's Nokia have reached a global patent cross-license agreement, putting an end to their prolonged 5G patent dispute. The resolution comes after multiple lawsuits in various countries, where OPPO faced challenges in using Nokia's 5G patent technology, leading to sales halts and product delisting in certain regions.

time-read
1 min  |
January 26, 2024
Zee moves to NCLT for Sony merger; Japanese firm opposes
The Business Guardian

Zee moves to NCLT for Sony merger; Japanese firm opposes

Zee Entertainment, led by media tycoon Subhash Chandra, has taken the matter to a corporate disputes tribunal, seeking Sony's adherence to a $10 billion merger agreement. Despite the failed merger, the Japanese media giant remains committed to thriving in the Indian market.

time-read
1 min  |
January 26, 2024
INDIA'S PRIVATE SECTOR ECONOMY GAINS GROWTH MOMENTUM AT START OF 2024
The Business Guardian

INDIA'S PRIVATE SECTOR ECONOMY GAINS GROWTH MOMENTUM AT START OF 2024

HSBC: Sharp January uptick in India's private sector with strong output growth and increased hiring

time-read
2 mins  |
January 26, 2024
CM Kejriwal unveils 3rd Light House Skill Center in Delhi
The Business Guardian

CM Kejriwal unveils 3rd Light House Skill Center in Delhi

The third Light House Skill Th Center has been opened in the Matia Mahal neighborhood of old Delhi by Chief Minister Arvind Kejriwal.

time-read
1 min  |
January 26, 2024
TN's Sivakasi gears up for festival season cracker production
The Business Guardian

TN's Sivakasi gears up for festival season cracker production

Sivakasi, Virudhunagar district, Tamil Nadu, known for its firecracker and match manufacturers, is poised for a significant increase in Diwali cracker production as the much-anticipated celebrations get closer.

time-read
1 min  |
January 26, 2024
Goodricke strategises diversification to offset tea industry challenges
The Business Guardian

Goodricke strategises diversification to offset tea industry challenges

Through the ABHA-based registrations, Sharma added, patients would also have digital access to their prescriptions, pharmacy slips, and diagnostic results.

time-read
1 min  |
January 26, 2024
10 MILLION REGISTRATIONS IN DIGITAL OPD SCHEME
The Business Guardian

10 MILLION REGISTRATIONS IN DIGITAL OPD SCHEME

K'taka, UP top list for registrations, 3 AIIMS in top-30 implementers

time-read
1 min  |
January 26, 2024
The Business Guardian

Adani firm ACC reports robust Q3 show, PAT up 375% at Rs 538 cr

Cement and building materials major and a company of the diversified Adani Group, ACC Limited reported robust Q3 FY'24 financial results with the firm's standalone net profit rising 377.57 per cent to Rs 527.48 crore in Q3 FY24 as against Rs 110.45 crore in the same quarter of FY23. The company has achieved significant improvements in all financial matrices.

time-read
2 mins  |
January 26, 2024
The Business Guardian

Rupay doubles share, hits Rs 10,000 cr peak

Rupay credit card spending reached a milestone, exceeding Rs 10,000 crore in December, marking a twofold annual increase.

time-read
1 min  |
January 26, 2024
DLF sales bookings double up to Rs 13,316 crore
The Business Guardian

DLF sales bookings double up to Rs 13,316 crore

Realty giant DLF Ltd has witnessed a significant surge in its sales bookings, doubling annually to reach Rs 13,316 crore in the first nine months of the current fiscal year. The remarkable increase is attributed mainly to the robust demand for DLF's luxury housing properties in Gurugram.

time-read
1 min  |
January 26, 2024
World Bank unveils $100 million investment plastic cleanup bond
The Business Guardian

World Bank unveils $100 million investment plastic cleanup bond

In a groundbreaking move crisis, the World Bank has introduced a pioneering seven-year USD 100 million Plastic Waste ReductionLinked Bond. This innovative financial instrument aims to tie investor returns to Plastic Waste Collection Credits, Plastic Waste Recycling Credits, and Voluntary Carbon Units generated by projects in Ghana and Indonesia.

time-read
1 min  |
January 26, 2024
Defence Ministry to acquire 14 fast patrol vessels for Rs 1,070 crore
The Business Guardian

Defence Ministry to acquire 14 fast patrol vessels for Rs 1,070 crore

The Indian Defence Ministry has recently finalized a contract with Mazagon Dock Shipbuilders Ltd (MDL), based in Mumbai, for the procurement of 14 fast patrol vessels (FPVs) at a cost of Rs 1,070.47 crore.

time-read
2 mins  |
January 26, 2024
ASUS CHARGES FOR TOP SPOT WITH LOCAL GAMING LAPTOPS
The Business Guardian

ASUS CHARGES FOR TOP SPOT WITH LOCAL GAMING LAPTOPS

Asus increased its market share to 18% in 2023, despite a decline in India's laptop market, aiming to challenge and surpass the current market leader in the coming quarters

time-read
3 mins  |
January 26, 2024
The Business Guardian

NAVI MUMBAI RESIDENTS ALARMED BY UNCHECKED CHEMICAL EFFLUENTS POLLUTING WATER BODIES

Nerul and Seawoods residents in Navi Mumbai express growing concern over chemical factories releasing untreated effluents into nearby water bodies, raising fears of widespread pollution.

time-read
1 min  |
January 25, 2024
Mumbai court hands 10-year rigorous imprisonment to drug dealer
The Business Guardian

Mumbai court hands 10-year rigorous imprisonment to drug dealer

A special NDPS court in Mumbai has sentenced a drug dealer to 10 years of rigorous imprisonment for being caught in possession of a substantial quantity of narcotics, specifically 300 grams of mephedrone (MD).

time-read
1 min  |
January 25, 2024
THANE VIOLENCE: SHOPS VANDALISED IN COMMUNAL CLASH-HIT AREAS, 2 HELD
The Business Guardian

THANE VIOLENCE: SHOPS VANDALISED IN COMMUNAL CLASH-HIT AREAS, 2 HELD

After the stone-pelting incident in Mumbai’s Mira Road, Mira Bhayander Vasai Virar police issued an order on Wednesday asking all group administrators to take note that no forwards, jokes or videos related to clashes should be forwarded on social media to maintain communal harmony.

time-read
2 mins  |
January 25, 2024
The Business Guardian

KERALA HIGH COURT QUASHED PREVENTIVE DETENTION OF 21-YR-OLD, APPOINTS ADVOCATE AS HIS 'MENTOR'

The Kerala High Court in the case Sreejith R v State of Kerala observed and has released a 21-year-old boy, who was implicated in seven crimes for allegedly causing obstructions to police officer in performing official duties and under the NDPS Act, from detention under the Kerala Anti-Social Activities (Prevention) Act, 2007.

time-read
1 min  |
January 25, 2024
The Business Guardian

DELHI HIGH COURT UPHOLDS PROHIBITION OF MARRIAGE BETWEEN 'SAPINDAS", SAYS INCESTUOUS RELATIONS MAY GAIN LEGITIMACY IF PARTNER'S CHOICE LEFT UNREGULATED

The Delhi High Court in the case observed and has upheld the validity of Section 5(v) of the Hindu Marriage Act which states that no marriage can be solemnized between parties who are related to each other as \"sapindas\", unless it is sanctioned by usage or custom governing them.

time-read
2 mins  |
January 25, 2024
The Business Guardian

Supreme Court Issued Non-Bailable Warrant In Contempt Case Against Litigant For Not Depositing Rs 1 Lakh Cost

The Supreme Court in the case In Re: Contempt Against Upendra Nath Dalai observed and has issued the non-bailable warrant against one Upendra Nath Dalai for his repetitive failure to appear before the court in the suo-moto contempt proceedings initiated against him.

time-read
1 min  |
January 25, 2024