CATEGORIES

Tea exports dip to 207.14 mkgs during Jan-Nov 2023
The Business Guardian

Tea exports dip to 207.14 mkgs during Jan-Nov 2023

According to official data, tea exports from India have declined by 1.17 per cent to 207.14 million kilograms during the January-November period of 2023.

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1 min  |
February 20, 2024
PROLONGED CRISIS MAY LEAD TO DOWNWARD GROWTH REVISION FOR INDIA, B'DESH: BMI RESEARCH
The Business Guardian

PROLONGED CRISIS MAY LEAD TO DOWNWARD GROWTH REVISION FOR INDIA, B'DESH: BMI RESEARCH

Trade distance, weighted by trade with individual trading partners, increased by around 30 per cent for Pakistan and India. By contrast, trade distance only increased by 2.5 per cent for Australia and 0.4 per cent for New Zealand

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3 mins  |
February 20, 2024
OpenAI Employees Cash Out At 86 Billion Valuation
The Business Guardian

OpenAI Employees Cash Out At 86 Billion Valuation

OpenAI, the renowned artificial intelligence (AI) startup, is poised to become one of the most valuable startups globally with a tender offer valuing the company at $86 billion.

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1 min  |
February 19, 2024
The Business Guardian

SGNP officials work diligently to reunite leopard cubs with missing mother

Efforts are underway at Sanjay Gandhi National Park (SGNP) as officials tirelessly work towards reuniting three leopard cubs with their missing mother.

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1 min  |
February 19, 2024
The Business Guardian

THREE MEN ARRESTED FOR ILLEGAL ENTRY GRANTED BAIL IN MUMBAI

Three individuals, arrested by the Colaba police for unlawfully entering India on a boat from Kuwait, were released on bail by the Esplanade court on Saturday.

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1 min  |
February 19, 2024
Javed Akhtar inaugurates the Urdu Festival
The Business Guardian

Javed Akhtar inaugurates the Urdu Festival

The Bhendi Bazaar Urdu Festival, organized by Urdu Markaz, marked its fourth edition with a grand inauguration on Saturday evening at the Imambada Municipal School, Dongri. The event was graced by the presence of eminent screenwriter and lyricist Javed Akhtar.

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1 min  |
February 19, 2024
Akshay Kumar, Tiger Shroff flag off 5km marathon from Atal Setu
The Business Guardian

Akshay Kumar, Tiger Shroff flag off 5km marathon from Atal Setu

Actors Akshay Kumar and Tiger Shroff flagged off L&T Sea Bridge Marathon from Atal Setu Bridge in Mumbai on Sunday morning.

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1 min  |
February 19, 2024
MANN+HUMMEL, OK PLAY INDIA UNVEIL INNOVATION APPROACH TO COMBAT AIR POLLUTION
The Business Guardian

MANN+HUMMEL, OK PLAY INDIA UNVEIL INNOVATION APPROACH TO COMBAT AIR POLLUTION

OK Play India Limited and global filtration solutions company MANN+HUMMEL, in association with the Indo-German Chamber of Commerce, hosted a symposium to create awareness on air pollution causes, effects, and solutions in the national capital on February 15, 2023.

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2 mins  |
February 19, 2024
The Business Guardian

PUNJAB AND HARYANA HIGH COURT IMPOSED RS 10 LAKH COST ON LITIGANT WHO SOUGH QUASHING OF CHEATING CASE AFTER LEAVING COUNTRY WITHOUT COURT'S PERMISSION

The Punjab and Haryana High Court in the case observed and has taken action against 'misuse of the legal process and for filing of 'frivolous litigation' wherein the court imposed the cost for an amount of Rs. 10 lakhs on a man who fled the country in disobedience of the Court's directions and subsequently filed a petition seeking quashing of the cheating case against him.

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2 mins  |
February 19, 2024
The Business Guardian

ANDHRA PRADESH HIGH COURT DECLINED T0 EXTEND INTERIM STAY ON THEATRICAL RELEASE OF RAJDHANI FILES’ MOVIE

The Andhra Pradesh High Court in the case observed and has decided not to extend the interim stay granted for the theatrical release of the 'Rajdhani files' after being satisfied that prima facie the certificate was granted in accordance with the Cinematograph Act, 1952.

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1 min  |
February 19, 2024
DELHI HIGH COURT ALLOWS SECTION 11 PETITION; ARBITRATION CLAUSE IS NOT VOID UNDER SECTION 29 OF CONTRACT ACT FOR STIPULATING MULTIPLE CHOICE OF SEATS
The Business Guardian

DELHI HIGH COURT ALLOWS SECTION 11 PETITION; ARBITRATION CLAUSE IS NOT VOID UNDER SECTION 29 OF CONTRACT ACT FOR STIPULATING MULTIPLE CHOICE OF SEATS

T he Delhi High Court in the case Vedanta Limited vs Shreeji Shipping observed and has held that if an arbitration agreement stipulates multiple seats of arbitration, thereby, offering a choice to the parties is not void under Section 29 of the Indian Contract Act, 1872 declares agreements uncertain in meaning or incapable of being made certain as void.

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3 mins  |
February 19, 2024
New guidelines for arrest, smuggling reports issued
The Business Guardian

New guidelines for arrest, smuggling reports issued

The Central Board Indirect Taxes and Customs (CBIC) has implemented revised guidelines aimed at bolstering the reporting of arrests, smuggling incidents, and commercial frauds by customs officers.

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2 mins  |
February 19, 2024
MEGHALAYA AIMS 10B ECONOMY, NEEDS 11.5% ANNUAL GROWTH BY 2028
The Business Guardian

MEGHALAYA AIMS 10B ECONOMY, NEEDS 11.5% ANNUAL GROWTH BY 2028

The NESIDS-funded Bulk Water Supply Project seeks to provide water to 41 villages in Garo Hills districts and enhance Tura town’s urban water supply, reducing reliance on the Tura Urban Water Supply Scheme.

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2 mins  |
February 19, 2024
Railway giant RVNL pees BB AAT et Deets
The Business Guardian

Railway giant RVNL pees BB AAT et Deets

Rail Vikas Nigam Ltd (RVNL) has reported that its order book has surged to Rs 65,000 crore, with approximately 50 percent of projects being attributed to railway ventures.

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2 mins  |
February 19, 2024
Govt doubles FCI’s authorised capital
The Business Guardian

Govt doubles FCI’s authorised capital

The government announced on Saturday its decision to increase the authorized capital of the staterun Food Corporation of India (FCI) from Rs 10,000 crore to Rs 21,000 crore.

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2 mins  |
February 19, 2024
India's power demand surges 7.5% in first 10 mths of fiscal 2022-23
The Business Guardian

India's power demand surges 7.5% in first 10 mths of fiscal 2022-23

India's power consumpltion surged by 7.5 percent year-on-year to 1354.97 billion units (BU) during the April-January period of the current fiscal year, indicating a notable boost in economic activities nationwide.

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2 mins  |
February 19, 2024
SIX OF INDIA'S TOP COMPANIES LOSE RS 71,414 CRORE IN MARKET VALUE
The Business Guardian

SIX OF INDIA'S TOP COMPANIES LOSE RS 71,414 CRORE IN MARKET VALUE

In recent months, the stock market has experienced significant volatility as investors contend with various uncertainties, encompassing the pandemic’s effects, inflation concerns, and geopolitical tensions

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3 mins  |
February 19, 2024
80-YEAR-OLD IN NEED OF WHEELCHAIR AT AIRPORT COLLAPSES, DIES AS HE WALKS TO TERMINAL WITHOUT ASSISTANCE
The Business Guardian

80-YEAR-OLD IN NEED OF WHEELCHAIR AT AIRPORT COLLAPSES, DIES AS HE WALKS TO TERMINAL WITHOUT ASSISTANCE

An 80-year-old man collapsed and died of a heart attack at the Mumbai International Airport while proceeding to clear immigration by foot allegedly due to a lack of wheelchair support, police said on Friday.

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1 min  |
February 17, 2024
4 charged with cognisable offence after dog abuse incident at Thane pet clinic
The Business Guardian

4 charged with cognisable offence after dog abuse incident at Thane pet clinic

The Thane police in Maharashtra have registered a cognisable offence against four persons over an incident in which a dog was mercilessly beaten at a pet clinic in the city, an official said on Friday.

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1 min  |
February 17, 2024
NIA arrests suspect in Maharashtra in connection with ISIS module case
The Business Guardian

NIA arrests suspect in Maharashtra in connection with ISIS module case

The National Investigation Agency (NIA) conducted raids at multiple locations in Chhatrapati Sambhaji Nagar (formerly Aurangabad) in Maharashtra, resulting in the arrest of an individual linked to the ISIS Chhatrapati Sambhaji Nagar module case. The operation targeted a conspiracy to attack vital installations.

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1 min  |
February 17, 2024
The Business Guardian

MUMBAI BUSINESSMAN FACES EXTORTION CHARGE FOR SCAMMING COX AND KINGS OWNER OF RS 9 CR

In a recent development, Hiren Bhagat, also known as Romi Bhagat (50), is facing a second extortion case filed by the Mumbai Police.

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1 min  |
February 17, 2024
The Business Guardian

Delhi High Court: Period Spent In Disposal Of Appeal Before CESTAT Shall Not Be Counted Towards Period Stipulated Under Section 28 (9) Of Customs Act

The Delhi High Court in the case Anand International And Ors. Versus Commissioner of Customs observed and has held that the period spent in the disposal of the appeal before the CESTAT, i.e., which being between the filing and the final order being passed, shall not be counted towards the period stipulated as it is stated under Section 28 (9) of the Customs Act.

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2 mins  |
February 17, 2024
The Business Guardian

SUPREME COURT ISSUED NOTICE ON CBI'S PLEA TO TRANSFER TRAIL OF POST POLL VIOLENCE CASES OUT OF WEST BENGAL

The Supreme Court in the case Central Bureau of Investigation v. State of West Bengal And Ors. observed and has stayed the proceedings in various trial courts across the state related to incidents of alleged violence following the 2021 state assembly polls.

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1 min  |
February 17, 2024
The Business Guardian

CALCUTTA HIGH COURT DISMISSED SECTION 8 APPLICATION DUE TO NON-RENEWAL OF ORIGINAL AGREEMENT; ARBITRATION CANNOT BE INFERRED FROM PARTIES' CONDUCT ALONE

The Calcutta High Court in the case Tarit Mitra and Anr. vs Sharad Goenka observed and has adjudicated on the matter which involves a civil suit for possession of premises from the tenants and an application made under Section 8 of the Arbitration and Conciliation Act, 1996 by the tenants seeking to refer the dispute to arbitration based on the tenancy agreement which had expired a few years ago and was not novated or renewed.

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2 mins  |
February 17, 2024
Solar & battery storage to spearhead U.S. power generation surge in 2024
The Business Guardian

Solar & battery storage to spearhead U.S. power generation surge in 2024

Solar and battery storage are new electricity generation in the United States in 2024, according to recent data released by the US Energy Information Administration (EIA).

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1 min  |
February 17, 2024
ADAFSA, WHO organise National Training Workshop to assess burden of foodborne diseases
The Business Guardian

ADAFSA, WHO organise National Training Workshop to assess burden of foodborne diseases

The Abu Dhabi Agricul Authority (ADAFSA), in partnership with the World Health Organization (WHO), recently organized a national workshop focused on estimating the burden of foodborne diseases.

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3 mins  |
February 17, 2024
PAKISTAN CARETAKER GOVT HIKES PETROL PRICE BY PKR 2.73 PER LITRE
The Business Guardian

PAKISTAN CARETAKER GOVT HIKES PETROL PRICE BY PKR 2.73 PER LITRE

Although the notification did not address any alterations in the prices of light-diesel oil (LDO) and kerosene oil, the hike in petrol prices surpasses earlier expectations.

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1 min  |
February 17, 2024
Sony eyes growth opportunities in India post Zee Merger collapse
The Business Guardian

Sony eyes growth opportunities in India post Zee Merger collapse

With the proposed merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, according to a top company official.

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2 mins  |
February 17, 2024
M&M to utilize Volkswagen electric components
The Business Guardian

M&M to utilize Volkswagen electric components

Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker's open platform for electric vehicles (EVS), Volkswagen said on Friday.

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1 min  |
February 17, 2024
COGNIZANT'S WORKFORCE SHRINKS: 7,600 JOBS SLASHED, 4,500 IN INDIA
The Business Guardian

COGNIZANT'S WORKFORCE SHRINKS: 7,600 JOBS SLASHED, 4,500 IN INDIA

Cognizant also reported a decline in voluntary attrition to 13.8% in 2023 from 25.6% in the previous year.

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1 min  |
February 17, 2024