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The Business Guardian

FAME EXTENSION, LOWER GST, ROBUST CHARGING

Riding high on sustained growth and affordability, the Indian automotive industry, among various segments, is optimistic about the Government continuing to provide incentives and support for the FAME scheme and electric vehicle (EV) tax exemptions in 2024 and beyond since the subsidy has proven instrumental in fostering industry growth.

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2 mins  |
January 21, 2024
The Business Guardian

SEBI INVESTIGATES 'MULE ACCOUNTS,' EYES THREE SUSPICIOUS IPO APPLICATIONS

Securities and Exchange Board of India (Sebi) is probing cases of mule accounts and inflated initial public offering (IPO) applications, meant to boost share sale subscription numbers, said its Chairperson Madhabi Puri Buch on Friday.

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2 mins  |
January 21, 2024
Kotak Q3 net profit rises 6.75% to Rs 4,265 crore
The Business Guardian

Kotak Q3 net profit rises 6.75% to Rs 4,265 crore

Kotak Mahindra Bank on Saturday reported a 6.75 per cent growth in consolidated net profit to Rs 4,264.78 crore for the December quarter.

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3 mins  |
January 21, 2024
INDIA'S PASSENGER TRAFFIC SURPASSES PRE-COVID LEVELS WITH 20.6% YOY GROWTH
The Business Guardian

INDIA'S PASSENGER TRAFFIC SURPASSES PRE-COVID LEVELS WITH 20.6% YOY GROWTH

India’s aviation sector posted a robust 20.6 per cent year-on-year increase in total air passenger traffic from April-October 2023, exceeding the pre-Covid years, driven by economic growth, enhanced domestic and global connectivity, increase in urbanisation and a growing middle class.

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4 mins  |
January 21, 2024
The Business Guardian

Revenue of Indian corporates rose 8-10% on-year in Q3FY24: CRISIL

The revenue of Indian T corporates is projected to have increased 8-10 percent on-year in the December quarter -- the growth coming below market expectations -- but declined 100-150 basis points sequentially.

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2 mins  |
January 21, 2024
RBI AND GTRI REPORTS HIGHLIGHT TRADE UNCERTAINTY IN INDIA
The Business Guardian

RBI AND GTRI REPORTS HIGHLIGHT TRADE UNCERTAINTY IN INDIA

The Reserve Bank of India has in a recent report on 19 January highlighted concern over global supply chains coming under pressure due to the recent attacks on commercial ships in the Red Sea trade route, necessitating rerouting via the South African Cape of Good Hope.

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4 mins  |
January 21, 2024
Women enter Jat community protest, demanding reservation at central level
The Business Guardian

Women enter Jat community protest, demanding reservation at central level

Over the past three days, people from the Jat community have been sitting on a dharna in the village of Jaychauli near the Uchchain tehsil, demanding reservation at the central level. On the third day of the Jat reservation agitation, on Friday, women arrived at the protest site wielding sticks.

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1 min  |
January 20, 2024
GOVERNOR KALRAJ MISHRA'S LEGISLATIVE ASSEMBLY ADDRESS RAISED FLURRY OF ACCUSATIONS AGAINST GEHLOT GOVT
The Business Guardian

GOVERNOR KALRAJ MISHRA'S LEGISLATIVE ASSEMBLY ADDRESS RAISED FLURRY OF ACCUSATIONS AGAINST GEHLOT GOVT

The first session of the 16th Legislative Assembly of Rajasthan began with the Governor's address. Amidst tumult and chaos, the Governor presented the vision of the Bhajan Lal government.

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1 min  |
January 20, 2024
PUNJAB AND HARYANA HIGH COURT ASKED HIGH COURT: HOW ARE PRISONERS SUFFERING FROM 'HEPATITIS C' TREATED IN JAILS?
The Business Guardian

PUNJAB AND HARYANA HIGH COURT ASKED HIGH COURT: HOW ARE PRISONERS SUFFERING FROM 'HEPATITIS C' TREATED IN JAILS?

The Punjab and Haryana High Court in the case Court on its own motion v.

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1 min  |
January 20, 2024
Supreme Court Granted Relief To Judiciary Aspirant, Sets Aside UPPSC's Rejection Of Candidature For One Day's Delay In Receiving Form
The Business Guardian

Supreme Court Granted Relief To Judiciary Aspirant, Sets Aside UPPSC's Rejection Of Candidature For One Day's Delay In Receiving Form

The Supreme Court in the case Sadaf Imran v. UPPSC observed and has set aside the decision of the Uttar Pradesh Public Service Commission, UPPSC to reject the application of the candidate for the Judicial Division i.e., the Junior Division Examination.

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2 mins  |
January 20, 2024
INDIAN TOY INDUSTRY WITNESSES 52% DECLINE IN IMPORTS AND 239% RISE IN EXPORTS IN FY 2022-23 IN COMPARISON TO FY 2014-15
The Business Guardian

INDIAN TOY INDUSTRY WITNESSES 52% DECLINE IN IMPORTS AND 239% RISE IN EXPORTS IN FY 2022-23 IN COMPARISON TO FY 2014-15

The Indian Toy industry witnessed remarkable growth FY 2022-23 in comparison to FY 2014-15, with the decline in imports by 52%, rise in exports by 239% and development of overall quality of the Toys available in the domestic market.

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2 mins  |
January 20, 2024
ALTMAN'S VISION: AI'S IMPACT ON ECONOMY AND SOCIETY AT WEF DAVOS
The Business Guardian

ALTMAN'S VISION: AI'S IMPACT ON ECONOMY AND SOCIETY AT WEF DAVOS

OpenAI CEO Sam Altman expresses empathy for concerns about AI systems like ChatGPT and proposes co-evolution of society and technology

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2 mins  |
January 20, 2024
Japan secures 400 Tomahawk missiles in deal with US
The Business Guardian

Japan secures 400 Tomahawk missiles in deal with US

Japan on Thursday signed a deal with the United States to purchase 400 land-based Tomahawk cruise missiles, seeking to acquire the capability of striking an adversary's territory with China and North Korea in mind, Japan-based Kyodo News reported.

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1 min  |
January 20, 2024
Google CEO Pichai hints at more layoffs at Google in 2024
The Business Guardian

Google CEO Pichai hints at more layoffs at Google in 2024

A 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  |
January 20, 2024
Boeing secures 150 Max Jet order from Akasa amidst industry challenges
The Business Guardian

Boeing secures 150 Max Jet order from Akasa amidst industry challenges

Boeing Co. won an order for 150 Max jets from India's newest airline, in a rare spot of good news for the US planemaker since a piece of fuselage blew off an Alaska Airlines flight almost two weeks ago.

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1 min  |
January 20, 2024
ICRA forecasts pvt hosps to expand with 30k beds over next 5 yrs
The Business Guardian

ICRA forecasts pvt hosps to expand with 30k beds over next 5 yrs

In its analysis of industry trends and outlook for the fiscal year 2024, the rating agency ICRA forecasted a steady outlook for the Indian hospital industry.

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1 min  |
January 20, 2024
DEFENCE MINISTER INAUGURATES 29 BRIDGES & 6 ROADS PROJECTS WORTH RS 670 CRORE
The Business Guardian

DEFENCE MINISTER INAUGURATES 29 BRIDGES & 6 ROADS PROJECTS WORTH RS 670 CRORE

The projects to enhance connectivity and defence preparedness and boost socio-economic development in far-flung areas

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2 mins  |
January 20, 2024
Drive to recruit 10k Indian workers in Israel commences in Haryana
The Business Guardian

Drive to recruit 10k Indian workers in Israel commences in Haryana

In a bid to bolster the construction workforce in Israel, a recruitment drive targeting over 10,000 skilled Indian workers commenced at Maharshi Dayanand University in Rohtak, Haryana.

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1 min  |
January 20, 2024
Puri upholds India's shift to Russian oil, seeks p'ships with global energy giants
The Business Guardian

Puri upholds India's shift to Russian oil, seeks p'ships with global energy giants

Petroleum Minister Hardeep Singh Puri has defended India's shift towards Russia for oil supply, as a move prompted by costly shipments from traditional Middle East suppliers.

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2 mins  |
January 20, 2024
OVER 10,000 COMPANIES SEE OPPORTUNITY IN INDIA
The Business Guardian

OVER 10,000 COMPANIES SEE OPPORTUNITY IN INDIA

During the WEF summit, Union Minister Smriti Irani engaged in productive discussions with global leaders and industry representatives.

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3 mins  |
January 20, 2024
78% eye bright funding future in 2024
The Business Guardian

78% eye bright funding future in 2024

In a survey conducted by venture debt firm InnoVen Capital, findings reveal that despite the lowest funding for startups in seven years in 2023, most founders are optimistic about the funding landscape in 2024.

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2 mins  |
January 20, 2024
Scindia inaugurates 'Wings 2024', calls India 7th largest civil aviation mkt in the world
The Business Guardian

Scindia inaugurates 'Wings 2024', calls India 7th largest civil aviation mkt in the world

Asia's largest event on civil aviation encompassing commercial, general and business segments 'Wings India 2024', started on Thursday in Hyderabad with launch of new UDAN 5.3 scheme, launch of the Airbus-Air India Training Centre, Airbus manufacturing contracts with TATA ASL and Mahindra Aerospace Structures to foster more pilots and GMR and IndiGo signing a consortium to collaborate with multiple patterns in developing sustainable training in the aerospace industry.

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1 min  |
January 20, 2024
Crackdown on coaching centres, fines, age limits set up
The Business Guardian

Crackdown on coaching centres, fines, age limits set up

The Ministry of Education has introduced new guidelines aimed at regulating coaching centres, addressing concerns about unregulated growth, student suicides, and safety issues.

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2 mins  |
January 20, 2024
Ayodhya Tourism And Hospitality Boom Result In Over 20,000 Job Opportunities
The Business Guardian

Ayodhya Tourism And Hospitality Boom Result In Over 20,000 Job Opportunities

The upcoming ‘Pran Pratishtha’ ceremony at Ayodhya’s Ram Mandir on January 22 has led to a significant boost in job creation within the combined hospitality, travel, and tourism sector.

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1 min  |
January 19, 2024
ANDHRA PRADESH HIGH COURT: SAMPLING OF SEIZED NARCOTIC SUBSTANCE TO BE DONE ONLY BEFORE MAGISTRATE NOT AT TIME OF SEIZURE
The Business Guardian

ANDHRA PRADESH HIGH COURT: SAMPLING OF SEIZED NARCOTIC SUBSTANCE TO BE DONE ONLY BEFORE MAGISTRATE NOT AT TIME OF SEIZURE

The Andhra Pradesh High Court in the case observed and has reiterated that drawing samples of seized narcotic substances is to be done strictly before a Magistrate and not at the time of seizure.

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1 min  |
January 19, 2024
DELHI HIGH COURT DENIED BAIL TO ACCUSED NEELAM AZAD: PARLIAMENTARY SECURITY BREACH
The Business Guardian

DELHI HIGH COURT DENIED BAIL TO ACCUSED NEELAM AZAD: PARLIAMENTARY SECURITY BREACH

The Delhi High Court in the case observed and has denied the to accused Neelam Azad, who is arrested over the security breach in the Parliament last year.

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1 min  |
January 19, 2024
SEMICONDUCTOR MISSION FOCUSED ON TALENT DEVELOPMENT. COMPLETE CHIP DESIGN: ASHWINI VAISHNAW
The Business Guardian

SEMICONDUCTOR MISSION FOCUSED ON TALENT DEVELOPMENT. COMPLETE CHIP DESIGN: ASHWINI VAISHNAW

Vaishnaw called India the right place for developing semiconductors as the country has a large pool of talent, which includes close to 300,000 design engineers who practically design every complex chip that is manufactured in the world.

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4 mins  |
January 19, 2024
Bhutan earns 'outstanding destination' status for Chinese travelers
The Business Guardian

Bhutan earns 'outstanding destination' status for Chinese travelers

In a noteworthy development, Bhutan has firmly established itself as an exceptional travel destination in the burgeoning Chinese market, marking a significant milestone as the country clinched the prestigious “Outstanding Destination Excellence Award.”

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2 mins  |
January 19, 2024
2nd edition of Sourcex India to promote SMEs, Indian brands globally
The Business Guardian

2nd edition of Sourcex India to promote SMEs, Indian brands globally

Indian exporters are looking to achieve the target of USD 2 trillion goods and services exports by 2030 by leveraging reverse buyer seller meet (RBSM) Sourcex India which aims to promote Indian brands globally, and also has the potential to position India as a leading of supplier of quality products globally.

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1 min  |
January 19, 2024
RS 50,000 CR DEAL WITH ADANI AMONG MOUS OF OVER RS 1 LAKH CR SIGNED BY MAHA GOVT
The Business Guardian

RS 50,000 CR DEAL WITH ADANI AMONG MOUS OF OVER RS 1 LAKH CR SIGNED BY MAHA GOVT

The Adani Group also intends to make deemed distribution investments to power the proposed 1 GW hyperscale data center infrastructure

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2 mins  |
January 19, 2024