CATEGORIES

Metro brands gets thumbs up from Goldman Sachs, Bata on watch
The Business Guardian

Metro brands gets thumbs up from Goldman Sachs, Bata on watch

Goldman Sachs recently initiated coverage on Indian footwear companies Metro Brands Ltd and Bata India Ltd, expressing optimism about their growth prospects. c

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2 mins  |
March 23, 2024
INDIAN E-GAMING BOOMING, MARKET SET FOR 20% GROWTH, REACHING RS 231 BILLION BY 2025
The Business Guardian

INDIAN E-GAMING BOOMING, MARKET SET FOR 20% GROWTH, REACHING RS 231 BILLION BY 2025

India’s gaming market dominance includes 20% of global mobile game downloads in 2023 and forecasts a USD 6 billion online skill gaming market by 2028.

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2 mins  |
March 23, 2024
The Business Guardian

SC orders compensation for unlawful MBBS admission cancellation

The Supreme Court has directed the State of Maharashtra and a medical college to pay compensation of Rs. 1 lakh to a student who was unfairly denied admission to the MBBS (UG) course, causing him one year of distress.

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1 min  |
March 22, 2024
Maharashtra Class 12 board exams conclude: Anticipated result date
The Business Guardian

Maharashtra Class 12 board exams conclude: Anticipated result date

The Maharashtra State Board of Secondary and Higher Secondary Education has recently wrapped up the class 12 board exams for the year 2024.

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1 min  |
March 22, 2024
The Business Guardian

4 IN 5 GIG WORKERS WOULD RECOMMEND THEIR WORK OVER OTHER OPPORTUNITIES, SAYS IPSOS SURVEY

The staggering growth of gig economy platforms and the workers associated with it has brought into sharp focus several aspects of the future of work and now a 6-city-wide survey of gig workers has revealed, why gig work continues to work for millions of Indians. 84% of gig workers are satisfied with their experience of working in the gig economy, as per the Ipsos Survey.

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2 mins  |
March 22, 2024
DAE signs new $420M 5-yr unsecured term loan
The Business Guardian

DAE signs new $420M 5-yr unsecured term loan

Dubai Aerospace Enterprise Ltd. (DAE) has recently inked a USD 420 million 5-year unsecured term loan deal with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB), aimed at bolstering the future financial endeavors of the company.

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1 min  |
March 22, 2024
The Business Guardian

Patanjali MD Balkrishna submits apology to SC in misleading ads case

Patanjali Ayurved and its Managing Director Acharya Balkrishna has submitted an official apology to the Supreme Court regarding its misleading advertisements targeting evidence-based medicine.

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1 min  |
March 22, 2024
METAVERSE REVENUE SURGES 6.2% IN 2023: S&P GLOBAL REPORT
The Business Guardian

METAVERSE REVENUE SURGES 6.2% IN 2023: S&P GLOBAL REPORT

Global metaverse revenue grew 6.2 per cent year on year to an estimated USD 19.26 billion in 2023 as core products around gaming and workflow digitization continued to pick up steam

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2 mins  |
March 22, 2024
The Business Guardian

PIB establishes fact check unit for online content monitoring

The Centre on Wednesday notified the fact check unit under the Press Information Bureau (PIB) to monitor online content pertaining to the government for accuracy.

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1 min  |
March 22, 2024
Steady crude oil processing at 20.9 MMT in Feb: PPAC
The Business Guardian

Steady crude oil processing at 20.9 MMT in Feb: PPAC

Crude oil volumes processed by Indian refiners remained steady in February at 20.9 million metric tonnes (MMT), data released by the Petroleum Planning and Analysis Cell (PPAC) on Wednesday showed.

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1 min  |
March 22, 2024
EXPLORING HOW JAPAN'S MEDICAL TECHNOLOGY FUELS INDIA'S HEALTHCARE LANDSCAPE
The Business Guardian

EXPLORING HOW JAPAN'S MEDICAL TECHNOLOGY FUELS INDIA'S HEALTHCARE LANDSCAPE

Statistics suggest that India has approximately 2.8 million hospital beds, including both private and public. Therefore, there are 1.7 beds per 1,000 people in comparison with developed nations that have around 2.5 to 3.

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2 mins  |
March 22, 2024
Himadri specialty chemical acquires 40% stake in Lithium-Ion materials firm
The Business Guardian

Himadri specialty chemical acquires 40% stake in Lithium-Ion materials firm

The company informed the stock exchanges that it acquired the 40 per cent stake in Kolkata-based Invati Creations for Rs 45.16 crore through a combination of cash and a share swap deal.

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1 min  |
March 22, 2024
INDIAN BANKING SECTOR IMPROVES: STRONG ASSET QUALITY, HIGH CREDIT GROWTH
The Business Guardian

INDIAN BANKING SECTOR IMPROVES: STRONG ASSET QUALITY, HIGH CREDIT GROWTH

Indian banking sector continues to improve with better asset quality, high credit growth: Survey. The survey findings showed that long term

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1 min  |
March 22, 2024
M&M and Adani team up to build nationwide EV charging network in India
The Business Guardian

M&M and Adani team up to build nationwide EV charging network in India

Mahindra & Mahindra has announced a partnership with Adani Total Energies E-Mobility Ltd (ATEL) to establish electric vehicle (EV) charging infrastructure across India.

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1 min  |
March 22, 2024
Stock market soars on US Fed rate cut signal, Sensex up 539 points, Nifty above 22,000
The Business Guardian

Stock market soars on US Fed rate cut signal, Sensex up 539 points, Nifty above 22,000

On Thursday, the Indian stock market witnessed a significant surge, with benchmark Sensex rallying 539 points and Nifty closing above the 22,000 level.

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2 mins  |
March 22, 2024
India imports 212 million tonnes of coal between April and January
The Business Guardian

India imports 212 million tonnes of coal between April and January

In the ongoing fiscal year, India has witnessed a marginal increase of 1.65 percent in coal imports, reaching 212.24 Million Tonnes during the April-January period, as compared to 208.78 MT in the corresponding period of the previous fiscal year.

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2 mins  |
March 22, 2024
The Business Guardian

India to intensify start-up engagement, host 5th edition of Forum in Jan'25

The fourth edition of the Shanghai Cooperation Organisation Startup Forum is looking to catalyse innovation and collaboration among startups as member states turn focus on broadening startup interactions among themselves, fostering an environment conducive to innovation, promoting job creation and inspiring young talent to develop innovative solutions.

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2 mins  |
March 22, 2024
The Business Guardian

NIVEDITA MUKHERJEE NEW DELHI

The manufacturing upturn was led by the fastest expansions in factory orders and production, pressure on operating capacities also intensified, highlighted by a quicker uptick in backlogs, which in turn supported job creation

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2 mins  |
March 22, 2024
End of an era: Mumbai's historic Rattan Kunj bungalow demolished
The Business Guardian

End of an era: Mumbai's historic Rattan Kunj bungalow demolished

The iconic Rattan Kunj bungalow, standing for 124 years near the Versova coast, was razed to the ground on Tuesday, marking the end of an era in Mumbai's history.

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1 min  |
March 21, 2024
The Business Guardian

BMC initiates investigation into tragic drowning of two children in Wadala water tank

Following the heartwrenching discovery of the bodies of two minors who drowned in an open water tank at the Maharshi Karve Garden in Wadala, the Brihanmumbai Municipal Corporation (BMC) has launched its own probe into the incident.

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1 min  |
March 21, 2024
JAPAN MAKING BEER CHEAPER, ENCOURAGING BETTER TASTE AND BIZ
The Business Guardian

JAPAN MAKING BEER CHEAPER, ENCOURAGING BETTER TASTE AND BIZ

In Japan, some 4,600 supermarket goods have increased in price this month as a result of the food and beverage industry's continued costpassing amid a once-in-ageneration inflation surge. But one noteworthy exception is beer.

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4 mins  |
March 21, 2024
India, UAE look to iron out investment issues at joint task force meet during Goyal visit
The Business Guardian

India, UAE look to iron out investment issues at joint task force meet during Goyal visit

India and the United Arab Emirates are all set to discuss issues and challenges pertaining to existing Investments, both, made by UAE companies in India, and investments made by Indian companies in UAE.

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3 mins  |
March 21, 2024
Deloitte announces major Business simplification in a decade
The Business Guardian

Deloitte announces major Business simplification in a decade

Deloitte will trim its main business units to four from five in a bid to cut costs ahead of an expected slowdown, about the accounting giant that employs more than 455,000 people worldwide.

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1 min  |
March 21, 2024
AIR INDIA CEO: INDIA'S AVIATION BOOM CALLS FOR ADDITIONAL HUBS
The Business Guardian

AIR INDIA CEO: INDIA'S AVIATION BOOM CALLS FOR ADDITIONAL HUBS

India’s aviation boom could support more hubs, says Air India CEO Wilson. There aren’t many other markets like India in the world. Northern

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2 mins  |
March 21, 2024
Zomato's Pure Veg Fleet' to Keep Red uniforms despite earlier announcement
The Business Guardian

Zomato's Pure Veg Fleet' to Keep Red uniforms despite earlier announcement

Amid an outcry over its announcement of a 'pure veg' fleet, Zomato has said all its delivery partners will continue to wear red, rolling back its decision to introduce a green uniform for those delivering food to vegetarians under the new service.

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2 mins  |
March 21, 2024
Google Fined Rs 50 mm in French News publisher dispute
The Business Guardian

Google Fined Rs 50 mm in French News publisher dispute

AIphabet Inc.'s Google has been fined ₹250 million ($271 million) by France's competition watchdog for failing to broker agreements with media outlets for publishing links to their content and for plundering press content to train its AI technology.

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1 min  |
March 21, 2024
NABARD projects Rs 2.43 lakh crore credit disbursement for Bihar in FY 2024-25
The Business Guardian

NABARD projects Rs 2.43 lakh crore credit disbursement for Bihar in FY 2024-25

The National Bank for Agriculture and Rural Development (NABARD) has revealed a substantial credit potential of Rs 2,43,093 crore for Bihar in the fiscal year 2024-25.

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1 min  |
March 21, 2024
Study forecasts 600 kt solar waste in India by 2030
The Business Guardian

Study forecasts 600 kt solar waste in India by 2030

A recent study conducted by the Ministry of New and Renewable Energy in collaboration with the independent think tank Council on Energy, Environment and Water (CEEW) has shed light on a concerning issue: India's burgeoning solar waste problem.

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1 min  |
March 21, 2024
Indian farmers get new weapon against termites, Insecticides Ltd launches 'Turner'
The Business Guardian

Indian farmers get new weapon against termites, Insecticides Ltd launches 'Turner'

Insecticides (India) LLtd continues to make strides in the agricultural sector, with Managing Director Mr. Rajesh Aggarwal expressing the company's determination to sustain its impressive 15% revenue growth witnessed in the first nine months of the fiscal year (9MFY24) for the remainder of the year.

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1 min  |
March 21, 2024
NHAI completes largest monetisation of over Rs16,000 cr through InvIT
The Business Guardian

NHAI completes largest monetisation of over Rs16,000 cr through InvIT

National Highways Infra Trust (NHIT) has successfully concluded fundraising for national highway stretches of aggregate length of 889 kilometers.

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2 mins  |
March 21, 2024