CATEGORIES

Delhi Airport to use AI and cameras-based solutions to improve operations
The Business Guardian

Delhi Airport to use AI and cameras-based solutions to improve operations

The Delhi airport is set to leverage predictive analytics powered by artificial intelligence (AI) and camera-based solutions to enhance operational efficiency amid a surge in passenger traffic, according to a top official. The airport, the largest in the country, manages approximately 1,300-1,500 flights daily and anticipates handling over 70 million passengers in the current fiscal year ending March 2024.

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2 mins  |
November 28, 2023
Sembcorp to acquire wind assets in China, India for $200M
The Business Guardian

Sembcorp to acquire wind assets in China, India for $200M

Singaporean energy company Sembcorp Industries made a significant announcement on Monday, revealing its plans to acquire 428 MW of wind power assets in China and India for a total sum of 200 million Singaporean dollars (approximately Rs 1,247 crore). This strategic move is aligned with Sembcorp’s commitment to expanding its renewable energy portfolio and contributing to the global shift towards sustainable power sources.

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1 min  |
November 28, 2023
AIRBUS BOLSTERS TATA PARTNERSHIP FOR GROWTH OF INDIA'S DEFENCE SUPPLY CHAIN
The Business Guardian

AIRBUS BOLSTERS TATA PARTNERSHIP FOR GROWTH OF INDIA'S DEFENCE SUPPLY CHAIN

The objective of the partnership between Airbus SAS and Tata Advanced Systems is to meet the demand for military transport aircraft as India replaces its ageing military transport fleet

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2 mins  |
November 28, 2023
Noida's housing market faces major setback
The Business Guardian

Noida's housing market faces major setback

A recent white paper, released by citizens’ platform Noida Dialogue and private body Namo Seva Kendra, revealed alarming statistics about stalled residential projects in Uttar Pradesh’s Noida and Greater Noida areas.

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1 min  |
November 28, 2023
J-K to boost winter power supply
The Business Guardian

J-K to boost winter power supply

The Jammu and Kashmir administration has greenlit the acquisition of an additional 500 MW of power from the Centre to address winter electricity shortages.

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1 min  |
November 28, 2023
MORTH projected to spend Rs 1.85 lakh crore on road construction
The Business Guardian

MORTH projected to spend Rs 1.85 lakh crore on road construction

To confront the mounting electricity scarcity anticipated during the winter months, the Jammu and Kashmir administration sanctioned the acquisition of an additional 500 MW of power from the Centre. The move aims to counterbalance the limited hydropower availability in the Union Territory, accentuated by diminishing river water levels.

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1 min  |
November 28, 2023
INDIA'S SOLAR INSTALLATIONS PLUMMET 47% IN FIRST NINE MONTHS
The Business Guardian

INDIA'S SOLAR INSTALLATIONS PLUMMET 47% IN FIRST NINE MONTHS

CERC clarifications, issued late in the quarter, aim to resolve uncertainties for project developers regarding long-term access to transmission networks, easing connectivity issues ahead

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2 mins  |
November 28, 2023
India maintains fastest growth despite demand challenges
The Business Guardian

India maintains fastest growth despite demand challenges

India's economic growth is anticipated to have slowed slightly but maintained resilience in the September quarter, sustained by robust service activity and strong urban demand despite a global downturn affecting export growth. Economists polled by Reuters project a Gross Domestic Product (GDP) expansion of 6.8% in the July-September period, a decline from the previous quarter's 7.8%.

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2 mins  |
November 28, 2023
India's food security policies come under global scrutiny
The Business Guardian

India's food security policies come under global scrutiny

During the World Trade Organization (WTO) Committee on Agriculture (CoA) meeting, India encounters inquiries from various nations concerning the alignment of its recent initiatives with WTO regulations. Of particular interest are queries regarding the WTO-compatibility of the five-year extension of the PM Garib Kalyan Ann Yojna (PMGKAY) free foodgrains scheme and the prohibition on non-basmati rice exports.

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1 min  |
November 28, 2023
E-Buses to capture significant share of new bus sales
The Business Guardian

E-Buses to capture significant share of new bus sales

In an assessment by the In rating agency ICRA on Monday, electric buses are projected to constitute up to 13 percent of new bus sales by the fiscal year 2025 (FY2025).

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2 mins  |
November 28, 2023
Indian drugmakers gain ground as big pharma diversifies
The Business Guardian

Indian drugmakers gain ground as big pharma diversifies

As pharmaceutical companies aim to diversify their reliance on Chinese drug manufacturers used in clinical trials and early-stage drug production, India is emerging as a beneficiary, revealed discussions with industry experts and executives. Over the past two decades, China has been a preferred destination for pharmaceutical research and manufacturing services due to its cost-effectiveness and rapid production capabilities.

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1 min  |
November 28, 2023
S&P ELEVATES INDIA'S FY24 GROWTH FORECAST TO 6.4%
The Business Guardian

S&P ELEVATES INDIA'S FY24 GROWTH FORECAST TO 6.4%

The agency forecasts India’s GDP growth at 6.4% for the current fiscal, slightly above other agencies, while RBI projects 6.5% growth for both this year and the next

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2 mins  |
November 28, 2023
Had no intention to hurt Israel: Sanjay Raut on his social media post
The Business Guardian

Had no intention to hurt Israel: Sanjay Raut on his social media post

Shiv Sena (UBT) MP said a post on his X handle in connection with Israel had a reference to German dictator Adolf Hitler, but he did not intend to hurt the sentiments of people of Israel.

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1 min  |
November 27, 2023
Israeli envoy compares Mumbai Terror attacks to tactics used by Hamas
The Business Guardian

Israeli envoy compares Mumbai Terror attacks to tactics used by Hamas

Describing the 26/11 terror attacks in Mumbai as a \"horrendous\" event that disrupted public life, Israeli Ambassador to India Naor Gilon emphasized the global nature of terrorism and the need for countries to unite in the fight against it

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2 mins  |
November 27, 2023
CM SHINDE LEADS PREAMBLE READING CEREMONY AT MANTRALAYA
The Business Guardian

CM SHINDE LEADS PREAMBLE READING CEREMONY AT MANTRALAYA

Maharashtra Chief Minister Eknath.Shinde led the preamble reading ceremony at Mantralaya in Mumbai on the occasion of Constitution Day on Sunday.

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1 min  |
November 27, 2023
DELHI HIGH COURT: EXTENSION OF INTERIM RELIEF AT THE TIME OF REMAND SUBJECT TO PRIMA FACIE FINDING IN PETITIONER'S FAVOURI DEBT RECOVERY
The Business Guardian

DELHI HIGH COURT: EXTENSION OF INTERIM RELIEF AT THE TIME OF REMAND SUBJECT TO PRIMA FACIE FINDING IN PETITIONER'S FAVOURI DEBT RECOVERY

The Delhi High Court in the case Mis Deco Industries India v. JM Financial Assets Reconstruction Company Ltd through its AO Kumar Gaurav and Ors observed and has held that an interim order granted by the Debts Recovery Appellate Tribunal, DRAT during the pendency of appeal was not required to be extended in pursuance of remand, without prima facie finding on the need for such an order.

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2 mins  |
November 27, 2023
The Business Guardian

NEED TO MAKE LAWS SIMPLER, RELATABLE T0 YOUNGER GENERATION: JUSTICE KHANNA

The top court judge Justice Sanjiv Khanna, who is next in-line to become the Chief Justice of India (CJI) after the retirement of incumbent CJI D Y Chandrachud in November next year, on Sunday said that the Indian Constitution was a \"living document\" influencing millions of lives and urged all to \"move forward with determination unity and optimism\"

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1 min  |
November 27, 2023
Jaipur Tinder Murder: Court Sentences 3 to Life Term
The Business Guardian

Jaipur Tinder Murder: Court Sentences 3 to Life Term

A Jaipur court has sentenced three individuals to life imprisonment for the murder of a 28-year-old businessman, whom one of the accused had met on the dating app Tinder, five years ago.

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1 min  |
November 27, 2023
Delhi HC Allows Subramanian Swamy to Withdraw PIL Seeking Probe on Yes Bank
The Business Guardian

Delhi HC Allows Subramanian Swamy to Withdraw PIL Seeking Probe on Yes Bank

The Delhi High Court has granted permission to former Rajya Sabha member Subramanian Swamy to withdraw his public interest litigation (PIL) seeking the constitution of an expert committee to investigate the transfer of a stress asset portfolio worth Rs 48,000 crore from Yes Bank to JC Flowers Asset Reconstruction Company.

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1 min  |
November 27, 2023
SAND MINING PROBE: TN GOVT MOVES HC CHALLENGING ED SUMMONS
The Business Guardian

SAND MINING PROBE: TN GOVT MOVES HC CHALLENGING ED SUMMONS

The Tamil Nadu government and five district collectors have approached the Madras High Court challenging the summons issued by the Enforcement Directorate (ED) in connection with its probe under the Prevention of Money Laundering Act into alleged illegal sand mining in the state.

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1 min  |
November 27, 2023
ORISSA HIGH COURT ISSUED CONTEMPT NOTICE TO DSP FOR NON-APPEARANCE DESPITE NOTICICE; ORDERED DGT TO ENSURE HIS PRESENCE ON NEXT DATE
The Business Guardian

ORISSA HIGH COURT ISSUED CONTEMPT NOTICE TO DSP FOR NON-APPEARANCE DESPITE NOTICICE; ORDERED DGT TO ENSURE HIS PRESENCE ON NEXT DATE

The Orissa High Court in the case Umakant Sahu and Anr. v. State of Odisha and Anr.

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2 mins  |
November 27, 2023
ALLAHABAD HIGH COURT UPHOLDS 'EX-PARTE' DIVORCE DECREE PASSED ON WIFE'S CONTINUED ABSENCE; THE NATURAL JUSTICE CANNOT BE USED TO DEFEAT ENDS OF JUSTICE
The Business Guardian

ALLAHABAD HIGH COURT UPHOLDS 'EX-PARTE' DIVORCE DECREE PASSED ON WIFE'S CONTINUED ABSENCE; THE NATURAL JUSTICE CANNOT BE USED TO DEFEAT ENDS OF JUSTICE

The Allahabad High Court in the case. Smt. Jyoti Verma v. Prashant Kumar Verma observed and has held that even though the opportunity of hearing before passing an order by the court is non-negotiable and the same cannot be used to defeat the ends of justice.

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2 mins  |
November 27, 2023
EU pledges €10 million to support Afghanistan's healthcare system
The Business Guardian

EU pledges €10 million to support Afghanistan's healthcare system

Amidst an economic crisis and the challenges posed by the Taliban's governance, the European Union (EU) has pledged 10 million euros to the World Health Organisation (WHO) to support Afghanistan's healthcare system and combat infectious diseases, as reported by Pajhwok News.

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2 mins  |
November 27, 2023
Pakistan: Inflation stays above 40% for 2nd straight week
The Business Guardian

Pakistan: Inflation stays above 40% for 2nd straight week

In a concerning eco is experiencing sustained short-term inflation, surpassing 40 percent for the second consecutive week, as reported by Dawn, a prominent English-language newspaper in the country.

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2 mins  |
November 27, 2023
INDIA AND MALAYSIA TARGET $25 BN TRADE IN NEXT 3 YEARS: INDIAN ENVOY
The Business Guardian

INDIA AND MALAYSIA TARGET $25 BN TRADE IN NEXT 3 YEARS: INDIAN ENVOY

The Indian High Commissioner conveyed positive expectations regarding the expanding relationship, underscoring the political understanding shared between the two governments

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3 mins  |
November 27, 2023
Nature's Basket adds luxury food retailing to its cart
The Business Guardian

Nature's Basket adds luxury food retailing to its cart

The RP-Sanjiv Goenka Group's Nature's Basket is set to elevate the landscape of luxury food retailing in India with the launch of large-format artisanal experiential stores, drawing inspiration from the iconic Harrods Food Hall in London.

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2 mins  |
November 27, 2023
Lenovo launches PCs featuring Indian-Made motherboards
The Business Guardian

Lenovo launches PCs featuring Indian-Made motherboards

Lenovo, the second-largin India, achieved a significant milestone on Friday by launching PCs compliant with the Government of India's Preferential Market Access Policy (PMA).

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1 min  |
November 27, 2023
CashKaro sets sights on profit in 2 yrs, user base to grow 100M in 3 yrs
The Business Guardian

CashKaro sets sights on profit in 2 yrs, user base to grow 100M in 3 yrs

Cashikara Nash Karo, a startup backed by Ratan Tata, is optimistic about achieving profitability within the next two years and is gearing up to expand its user base four-fold to reach an impressive 100 million in the next three years.

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2 mins  |
November 27, 2023
TOYOTA EXPECTS INDIAN PV MKT TO CARRY MOMENTUM OF 2023 INTO 2024: GULATI
The Business Guardian

TOYOTA EXPECTS INDIAN PV MKT TO CARRY MOMENTUM OF 2023 INTO 2024: GULATI

While the SUVs are expected to witness fast growth in general in 2024, the mid to higher end of the segment will also see faster acceleration, although the small cars category will remain a concern.

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2 mins  |
November 27, 2023
Bike taxi drivers appeal to Delhi LG as 50k jobs at risk
The Business Guardian

Bike taxi drivers appeal to Delhi LG as 50k jobs at risk

Bike taxi drivers in Delout to Lieutenant Governor V K Saxena and the AAP government, expressing their distress over losing employment opportunities for nearly 50,000 individuals due to the approval of a scheme mandating aggregators in the passenger services sector to transition to electric two wheelers.

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1 min  |
November 27, 2023