CATEGORIES

Bihar scraps Rs 800 crore tenders in public works dept., cites irregularities
The Business Guardian

Bihar scraps Rs 800 crore tenders in public works dept., cites irregularities

Bihar's Public Health Engineering Department (PHED) has taken a decisive step by cancelling tenders worth over Rs 800 crores that were issued during the Mahagathbandhan tenure, citing numerous deficiencies and irregularities in the selection process of contractors.

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2 mins  |
June 27, 2024
The Business Guardian

Shankh Air chairman meets Union civil aviation minister Kinjarapu Rammohan Naidu

Shankh Air, positioned Sto be Uttar Pradesh's inaugural scheduled airline, is advancing its preparations and awaits the final No Objection Certificate (NOC) from the Ministry of Civil Aviation.

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1 min  |
June 27, 2024
INDIA HOUSE TO SHOWCASE NATION'S OLYMPIC PROGRESS, NITA AMBANI
The Business Guardian

INDIA HOUSE TO SHOWCASE NATION'S OLYMPIC PROGRESS, NITA AMBANI

India House in Parc de la Villette during Paris 2024 Olympics will showcase India's diversity through arts, sports, culinary delights, yoga, handicrafts, music, and dance.

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2 mins  |
June 27, 2024
The Business Guardian

Trade, industry want tax sops for R&D, blockchain based portal for compliances

Higher deduction on R&D Lexpenditure to boost innovation, an indigenous shipping line to save logistics cost, extension of interest equalisation scheme for a period of 5 years, better availability of cotton for textiles sector, technology mission on cotton 2.0 with special focus on seed technology are the key proposals put forward by the trade and services sectors as well as industry chambers to Finance Minister Nirmala Sitharaman for the general Budget in July.

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3 mins  |
June 27, 2024
Spectrum auction falls short, bids reach only Rs 11,340 crore in 2 days
The Business Guardian

Spectrum auction falls short, bids reach only Rs 11,340 crore in 2 days

The latest auction for ramobile phone voice and data transmissions concluded swiftly within two days, closing on Wednesday with total bids amounting to less than 12 percent of the government's estimated minimum value of Rs 96,238 crore for the spectrum on offer.

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1 min  |
June 27, 2024
India's current account swings to surplus in Q4 2024, CRISIL
The Business Guardian

India's current account swings to surplus in Q4 2024, CRISIL

India has significantly Limproved its current account, achieving a surplus of USD 5.7 billion, or 0.6 percent of its GDP, in the fourth quarter of fiscal year 2024, according to a report by CRISIL.

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3 mins  |
June 27, 2024
RECORD-BREAKING SUPPORT, INDIAN DIASPORA SENDS HOME $107 BILLION IN FY24
The Business Guardian

RECORD-BREAKING SUPPORT, INDIAN DIASPORA SENDS HOME $107 BILLION IN FY24

In the financial year 2023-24, Indians abroad sent a record $107 billion in remittances to India, underscoring the significant economic support provided by the diaspora

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2 mins  |
June 27, 2024
Chinese Rocket Debris Falls Over Village, Raises Safety Concerns
The Business Guardian

Chinese Rocket Debris Falls Over Village, Raises Safety Concerns

Suspected debris from a Schinese rocket was ob served falling over a village in southwest China on Saturday, as captured in dramatic videos circulating on Chinese social media and shared with CNN by a local witness.

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3 mins  |
June 26, 2024
India Cuts Russian Coal Imports, US Shipments Rise
The Business Guardian

India Cuts Russian Coal Imports, US Shipments Rise

Indian imports of Russian coal have significantly declined while U.S. shipments have increased in the three months ending in May, according to data from coal consultancy Bigmint. Traders attribute this shift to the declining competitiveness of Russian supplies.

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2 mins  |
June 26, 2024
"Those who wanted to weaken party would not be taken in': Sharad Pawar on Ajit's MLAs
The Business Guardian

"Those who wanted to weaken party would not be taken in': Sharad Pawar on Ajit's MLAs

Amid the speculations that some of the MLAs of the Ajit Pawar camp are willing to return to the Nationalist Congress Party (NCP)-SP, NCP-SP Chief Sharad Pawar on Tuesday clarified that those who wanted to \"weaken\" the party would not be taken in.

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1 min  |
June 26, 2024
KERALA HIGH COURT: HUSBAND AND WIFE CAN TESTIFY ON BEHALF OF EACH OTHER WITHOUT EXECUTING POWER OF ATTORNEY [S.120 EVIDENCE ACT]
The Business Guardian

KERALA HIGH COURT: HUSBAND AND WIFE CAN TESTIFY ON BEHALF OF EACH OTHER WITHOUT EXECUTING POWER OF ATTORNEY [S.120 EVIDENCE ACT]

The Kerala High Court in the case Smitha v Anil Kumar observed and has held that under Section 120 of the Evidence Act, a husband is permitted to testify in lieu of his wife and vice versa even without a written authority or power of attorney.

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2 mins  |
June 26, 2024
The Business Guardian

SUPREME COURT: CHEQUE DISHONOUR COMPLAINT CANNOT BE TRANSFERRED AT THE INSTANCE OF ACCUSED - SECTION 138 NI ACT

The Supreme Court in the case Kasthuripandian S vs. RBL Bank Limited observed that transfer of a case for the offence of dishonour of cheque as stated under section 138 of the Negotiable Instruments Act 1881 cannot be sought at the instance of the accused.

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1 min  |
June 26, 2024
PAKISTAN'S FINANCE MINISTER PRESENTS PKR 11.92 BN DEFICIT BUDGET AMID PROTESTS
The Business Guardian

PAKISTAN'S FINANCE MINISTER PRESENTS PKR 11.92 BN DEFICIT BUDGET AMID PROTESTS

The budget deficit is estimated at Rs11.92bn, which will be fully borne by the federal government. The finance minister said Gilgit-Baltistan’s

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2 mins  |
June 26, 2024
Raniwala 1881 launches pre-fall 2024 collection
The Business Guardian

Raniwala 1881 launches pre-fall 2024 collection

Imagine a royal gala evening set in a majestic mansion adorned with intricate carvings and ornate archways, setting the stage for an evening of opulence and sophistication.

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2 mins  |
June 26, 2024
SNG & partners teams up with ESG firm snowkap
The Business Guardian

SNG & partners teams up with ESG firm snowkap

SNG & Partners, a fullservice law firm with offices in India and overseas has announced a strategic alliance with Snowkap, a Singapore-based ESG firm with a presence in the Middle East and India, to blend legal acumen with ESG excellence and together deliver a complete suite of ESG+L services and solutions.

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1 min  |
June 26, 2024
Motorglaze launches ceramic coatings and Eco-Friendly car care in Jaipur
The Business Guardian

Motorglaze launches ceramic coatings and Eco-Friendly car care in Jaipur

Motorglaze, a leading innovator in car care and maintenance products, is excited to announce its pre-launch event in Jaipur.

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1 min  |
June 26, 2024
CLEANTECH SOLAR GETS INR 855 CR FROM ASEEM INFRA FOR INDIAN PROJECTS
The Business Guardian

CLEANTECH SOLAR GETS INR 855 CR FROM ASEEM INFRA FOR INDIAN PROJECTS

Cleantech Solar has secured an INR 855 crore loan from Aseem Infrastructure Finance to expand its open access renewable energy projects in India

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2 mins  |
June 26, 2024
The Business Guardian

Andhra Pradesh Deputy CM Pawan Kalyan plans Varahi Vijaya Deeksha Starting June 26

Andhra Pradesh Deputy Chief Minister Pawan Kalyan will undertake an 11-day Varahi Vijaya Deeksha (fast) from June 26, dedicated to Goddess Varahi. During this period, he will consume only milk, fruits, and water, as confirmed by sources from the Janasena Party.

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2 mins  |
June 26, 2024
BJP ISSUES THREE-LINE WHIP FOR MPS TO ATTEND LS SPEAKER'S POLL
The Business Guardian

BJP ISSUES THREE-LINE WHIP FOR MPS TO ATTEND LS SPEAKER'S POLL

Amidst political negotiations, Congress supports NDA’s Lok Sabha speaker candidate while emphasizing the importance of the DeputySpeaker

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2 mins  |
June 26, 2024
The Business Guardian

India needs own design ecosystem, lower costs to be electronics hub: CII

The Government's mission to develop India as the manufacturing hub for electronics components and sub-assemblies is gaining new traction with industry targeting its efforts at critical actions required to transition India's electronics sector ecosystem from an 'import dependent assembly led manufacturing' to 'component level value-added manufacturing as ideated in a report on \"Developing India as the Manufacturing Hub for Electronics Components and Sub- Assemblies\" by the Confederation of Indian Industry.

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2 mins  |
June 26, 2024
Admiral partners with Flipkart to launch appliances in India
The Business Guardian

Admiral partners with Flipkart to launch appliances in India

As Admiral marks its 90th anniversary, celebrating ‘9 decades of Excellence’, the premier American brand is making a significant entry into the Indian market through a strategic partnership with Flipkart.

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2 mins  |
June 26, 2024
CM Mohan Yadav announces equal financial aid for martyrs' spouses and parents
The Business Guardian

CM Mohan Yadav announces equal financial aid for martyrs' spouses and parents

Madhya Pradesh Chief Minister Mohan Yadav chaired a significant cabinet meeting at Mantralaya, where various decisions aimed at public welfare and state development were approved.

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2 mins  |
June 26, 2024
ADANI TO INVEST RS 1.3 TRN IN FY25 , RAISE $3 BN EQUITY
The Business Guardian

ADANI TO INVEST RS 1.3 TRN IN FY25 , RAISE $3 BN EQUITY

Rs 34,000 crore of the investment is designated for Adani Green Energy’s Khavda facilities, highlighting the group’s renewable energy commitment

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2 mins  |
June 26, 2024
Indian Envoy Visits Berighat Air Base In Egypt
The Business Guardian

Indian Envoy Visits Berighat Air Base In Egypt

The defense ties between India and Egypt are deepening, highlighted by their fourth joint Air Force exercise, held from June 21 to 26 in Egypt.

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1 min  |
June 25, 2024
Gautam Adani Highlights Adani Group Companies' Achievement Of New Milestones
The Business Guardian

Gautam Adani Highlights Adani Group Companies' Achievement Of New Milestones

Addressing the Annual General Meeting of Adani Enterprises, Gautam Adani, Chairman of Adani Group, lauded the outstanding performance of the conglomerate despite challenges in the past year.

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2 mins  |
June 25, 2024
Govt Limits Wheat Stocks Till 31 March '25, Gets Set For Sugar Meet
The Business Guardian

Govt Limits Wheat Stocks Till 31 March '25, Gets Set For Sugar Meet

In order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government on Monday decided to impose stock limits on wheat applicable to traders/wholesaler, retailers, big chain retailers and processors for all states and union territories.

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2 mins  |
June 25, 2024
JP Morgan India Bond Index Inclusion: Three Ems Likely To Face Weight Reductions
The Business Guardian

JP Morgan India Bond Index Inclusion: Three Ems Likely To Face Weight Reductions

Malik notes that Thailand, Poland, and the Czech Republic will see the largest weight reductions due to the gradual reweighting over 10 months, mitigating significant disruption

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2 mins  |
June 25, 2024
Vedanta To Debut In Overseas Bond Market With $500 Million Issuance
The Business Guardian

Vedanta To Debut In Overseas Bond Market With $500 Million Issuance

Vedanta Ltd., the Indian mining company controlled by billionaire Anil Agarwal, is contemplating its debut overseas bond issuance, aiming to raise at least $500 million.

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1 min  |
June 25, 2024
Yellow Alert Issued In Thane, Mumbai; Orange Alert In Raigad, Ratnagir
The Business Guardian

Yellow Alert Issued In Thane, Mumbai; Orange Alert In Raigad, Ratnagir

The Regional Meteorological Department of Mumbai has issued a yellow warning alert in the areas of Thane and Mumbai for the next five days.

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1 min  |
June 25, 2024
The Business Guardian

Motorola Edge50 Ultra launches with Moto AI and Smart connect at Rs. 49,999

Motorola has introduced its latest flagship phone, the motorola edge50 Ultra, as part of its advanced edge series.

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1 min  |
June 25, 2024