CATEGORIES

INDIA'S INFLATION LIKELY HIT 6% IN JULY, HIGHEST IN 5 MOS
The Business Guardian

INDIA'S INFLATION LIKELY HIT 6% IN JULY, HIGHEST IN 5 MOS

Experts believe that the RBI is unlikely to take immediate action in response to these figures.

time-read
2 mins  |
August 10, 2023
'After days of violence, life is getting back on track in Nuh'
The Business Guardian

'After days of violence, life is getting back on track in Nuh'

After days of violence in Nuh district, normal life has started to resume in the area due to the efforts of the district administration, said Haryana’s District Public Relations Officer (DPRO).

time-read
1 min  |
August 09, 2023
RS takes up bill to replace Delhi services ordinance
The Business Guardian

RS takes up bill to replace Delhi services ordinance

Union Home Minister Amit Shah on Monday moved for consideration and passage in the Rajya Sabha of the bill to replace the ordinance for control of services in Delhi.

time-read
1 min  |
August 09, 2023
CONG COULDN'T UNDERSTAND IMPORTANCE OF PANCHAYATI RAJ
The Business Guardian

CONG COULDN'T UNDERSTAND IMPORTANCE OF PANCHAYATI RAJ

'Today the country is moving ahead unitedly to realise the goal of a developed India and to fulfil the resolutions of Amrit Kaal', he said

time-read
1 min  |
August 09, 2023
China funded over $130,000 to Solomon Islands newspaper: Report
The Business Guardian

China funded over $130,000 to Solomon Islands newspaper: Report

The Chinese government granted more than USD 130,000 to Solomon Islands news company in exchange for agreeing to “promote the truth about China’s generosity and its true intention to help develop” the Pacific island country, a funding document and email reviewed by Radio Free Asia-affiliated news organization BenarNews has revealed.

time-read
3 mins  |
August 09, 2023
HOW SINGAPORE IS COPING WITH THE DECLINE OF ITS OIL INDUSTRY
The Business Guardian

HOW SINGAPORE IS COPING WITH THE DECLINE OF ITS OIL INDUSTRY

In 2020, output from the oil and gas and petrochemical industries here was valued at about USD 60 billion

time-read
3 mins  |
August 09, 2023
EVs provide 2.7% to auto component industry's $69.7 bn topline
The Business Guardian

EVs provide 2.7% to auto component industry's $69.7 bn topline

In comparison to the same period in FY22, when sales of automotive components were Rs. 4.20 lakh crore ($56.9 billion), they increased by 32.8 percent to Rs. 5.60 lakh crore (USD 69.7 billion) for the period of April 2022 to March 2023.

time-read
2 mins  |
August 09, 2023
Zyber 365 receives funding of $100 M to revolutionize Web-3
The Business Guardian

Zyber 365 receives funding of $100 M to revolutionize Web-3

Innovative Web3 cyber-security business has secured USD 100 million in funding from renowned UK-based investment company SRAM & MRAM Group, marking a significant milestone.

time-read
1 min  |
August 09, 2023
Antfin transfers shares to Paytm's founder, reducing ownership by 10.3PC per cent
The Business Guardian

Antfin transfers shares to Paytm's founder, reducing ownership by 10.3PC per cent

An deal has been reached by Vijay Shekhar Sharma, the founder, managing director, and CEO of One 97 Communications Limited, the parent company of Patym, to purchase 10.3% of the business’s shares from Antfin (Netherlands) Holdings BV for USD 628 million.

time-read
1 min  |
August 09, 2023
Auto retail increase in three-wheeler retail sales of 10%: Fada
The Business Guardian

Auto retail increase in three-wheeler retail sales of 10%: Fada

Vehicle retail sales in July showed a 10% year-over-year gain, continuing the increasing trend. With 1.77 million units sold, According to the Federation of Automobile Dealers’ Associations (Fada), three-wheelers seized the lead with a record surge of 74%.

time-read
1 min  |
August 09, 2023
SOFTBANK SET TO BECOME PROFITABLE, AFTER LOSING $48 BN ON VISION FUNDS
The Business Guardian

SOFTBANK SET TO BECOME PROFITABLE, AFTER LOSING $48 BN ON VISION FUNDS

After five quarters of losses, SoftBank Group Corp.’s Vision Fund is set to earn a profit owing to artificial intelligence

time-read
2 mins  |
August 09, 2023
Domestic Airlines report 338 technical snags by July: Govt
The Business Guardian

Domestic Airlines report 338 technical snags by July: Govt

The government said that domestic airlines faced a total of 338 technical snags during the operation of planes this year till the month of July.

time-read
1 min  |
August 09, 2023
Centre lauds Kerala's startup ecosystem promotion
The Business Guardian

Centre lauds Kerala's startup ecosystem promotion

Kerala’s proactive approach towards the promotion and sustained growth of the startup ecosystem in the state through various measures has been lauded by the central government.

time-read
1 min  |
August 09, 2023
IEX volume rises 19% in July trade volume
The Business Guardian

IEX volume rises 19% in July trade volume

The power exchange had achieved a 7,151 MU trade volume in July 2022. The Indian Energy Exchange’s (IEX) total trade volume rose 19 per cent year-on-year to 8,522 million units (MU) in July.

time-read
1 min  |
August 09, 2023
India's rice exports get banned, next could be sugar
The Business Guardian

India's rice exports get banned, next could be sugar

In order to control domestic prices, India prohibits some rice exports, now, traders are worried over another staple food i.e. sugar.

time-read
1 min  |
August 09, 2023
VEG THALI COSTS SOAR 34 PER CENT IN JULY, SAYS CRISIL
The Business Guardian

VEG THALI COSTS SOAR 34 PER CENT IN JULY, SAYS CRISIL

A veg thali comprises roti, vegetables (onion, tomato, and potato), rice, dal, curd, and salad

time-read
1 min  |
August 09, 2023
Meesho becomes first profitable horizontal E-comm firm
The Business Guardian

Meesho becomes first profitable horizontal E-comm firm

Meesho, backed by SoftBank, has proudly announced that it has become the first horizontal e-commerce company in India to achieve profitability. The company revealed that it reached profitability at a consolidated profit after tax (PAT) level, covering all costs, including employee stock ownership plans (ESOPs), across all its divisions and categories.

time-read
2 mins  |
August 09, 2023
Auto component industry hits record turnover
The Business Guardian

Auto component industry hits record turnover

The domestic automotive component industry anticipates achieving double-digit sales growth in the current fiscal year, following its record-breaking turnover in 2022-23, driven by robust demand.

time-read
1 min  |
August 09, 2023
Banning imports of used equipment to help medical ind reach $50 bn
The Business Guardian

Banning imports of used equipment to help medical ind reach $50 bn

The Indian medical devices industry could expand to a remarkable USD 50 billion by 2030 with strategic measures, according to a report by the Global Trade Research Initiative (GTRI).

time-read
1 min  |
August 09, 2023
Adani Energy secures $1 bn green loan for transmission project
The Business Guardian

Adani Energy secures $1 bn green loan for transmission project

Adani Energy Solutions Limited (AESL) has successfully achieved a significant milestone by securing financial closure for its $1 billion green high voltage direct current (HVDC) link project. This ambitious initiative is set to make a significant contribution to increasing the supply of renewable energy to Mumbai, a bustling metropolis that requires robust and sustainable power solutions to meet its growing energy demands.

time-read
2 mins  |
August 09, 2023
REGULATIONS LIKE GDPR IN EU GIVE FAR MORE EXEMPTIONS: VAISHNAW
The Business Guardian

REGULATIONS LIKE GDPR IN EU GIVE FAR MORE EXEMPTIONS: VAISHNAW

Opposition Members of Parliament (MPs) had voiced their concerns about this provision, raising questions about its potential misuse and implications on citizens' privacy rights

time-read
2 mins  |
August 09, 2023
SC dismisses TN Minister Senthil Balaji's plea
The Business Guardian

SC dismisses TN Minister Senthil Balaji's plea

On Monday, The Supreme Court dismissed the pleas of Tamil Nadu Minister V Senthil Balaji and his wife challenging the Madras High Court's judgment, which held his arrest legal by the Enforcement Directorate (ED) in the money laundering case.

time-read
2 mins  |
August 08, 2023
'After days of violence, life is getting back on track in Nuh'
The Business Guardian

'After days of violence, life is getting back on track in Nuh'

After days of violence in Nuh district, normal life has started to resume in the area due to the efforts of the district administration, said Haryana's District Public Relations Officer (DPRO).

time-read
1 min  |
August 08, 2023
AAP and Cong will tie up to contest LS polls in Gujarat
The Business Guardian

AAP and Cong will tie up to contest LS polls in Gujarat

Aam Aadmi Party's Gujarat unit chief Isudan Gadhvi on Monday caused a flutter by saying the AAP and the Congress will fight the upcoming Lok Sabha polls in Gujarat under a seat-sharing formula as both the parties are members of the opposition INDIA alliance. Responding to Gadhvi's statement, the Congress said the party will abide by the directions of Central leadership.

time-read
1 min  |
August 08, 2023
CONG COULDN'T UNDERSTAND IMPORTANCE OF PANCHAYATI RAJ
The Business Guardian

CONG COULDN'T UNDERSTAND IMPORTANCE OF PANCHAYATI RAJ

'Today the country is moving ahead unitedly to realise the goal of a developed India and to fulfil the resolutions of Amrit Kaal', he said

time-read
1 min  |
August 08, 2023
MADRAS HIGH COURT: SENTENCE SUSPENDED OF IAS OFFICER AND OTHERS IN CONTEMPT CASE
The Business Guardian

MADRAS HIGH COURT: SENTENCE SUSPENDED OF IAS OFFICER AND OTHERS IN CONTEMPT CASE

The Madras High Court in the case Muthupalanichamy and another v Gnana Pragasam and others observed and has suspended the order of imprisonment against the IAS officer Pradeep Yadav and two others in the case of contempt for the failure to implement court orders while he was holding the post of the Principal Secretary to the School Education Department.

time-read
1 min  |
August 08, 2023
Punjab And Haryana High Court Stayed Demolition In Communal Violence-Hit Nuh Until Further Orders'
The Business Guardian

Punjab And Haryana High Court Stayed Demolition In Communal Violence-Hit Nuh Until Further Orders'

The Punjab And Haryana High Court stayed the ongoing demolition drive in Nuh, which is being followed by the communal clashes.

time-read
1 min  |
August 08, 2023
KERALA HIGH COURT: PLEA MOVED CHALLENGING STATE AWARDS FOR MALAYALAM FILMS 2022 ALLEGING NEPOTISM, BIAS
The Business Guardian

KERALA HIGH COURT: PLEA MOVED CHALLENGING STATE AWARDS FOR MALAYALAM FILMS 2022 ALLEGING NEPOTISM, BIAS

The Kerala High Court in the case Lijeesh M.J. @ Lijeesh Mullezhath v. State of Kerala&Ors observed wherein the plea is moved by the Malayalam Movie Director, Lijeesh M.J., wherein seeking the declaration of Kerala State Awards For Malayalam Films and Writings On Cinema 2022 which in the case needs to be set aside.

time-read
1 min  |
August 08, 2023
Antfin transfers shares to Paytm's founder, reducing ownership by 10.3PC per cent
The Business Guardian

Antfin transfers shares to Paytm's founder, reducing ownership by 10.3PC per cent

n deal has been reached And by Vijay Shekhar Sharma, the founder, managing director, and CEO of One 97 Communications Limited, the parent company of Patym, to purchase 10.3% of the business's shares from Antfin (Netherlands) Holdings BV for USD 628 million.

time-read
1 min  |
August 08, 2023
Apraava Energy signs agreement with REC and PFC to get Rs 9,120 Crore
The Business Guardian

Apraava Energy signs agreement with REC and PFC to get Rs 9,120 Crore

Apraava Energy, a provider of energy solutions, has signed preliminary agreements with state-owned companies REC Ltd and Power Finance Corporation (PFC) to get financing of Rs 9,120 crore for the country’s wind, transmission, and advanced metering projects.

time-read
1 min  |
August 08, 2023