CATEGORIES

Sun Pharma to acquire remaining 21.52% shares of Taro
The Business Guardian

Sun Pharma to acquire remaining 21.52% shares of Taro

Sun Pharmaceutical IndusStre tries has entered an agreement with Taro Pharmaceutical to acquire the balance 21.52 percent stake in the Israel-based company for a cash consideration of $43 per share amounting to $347.73 million (Rs 2,982 crore).

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1 min  |
February 08, 2024
Pichai hints at more layoffs at Google in 2024
The Business Guardian

Pichai hints at more layoffs at Google in 2024

A day f day following the termination of approximately 1,000 employees, Google's CEO Sundar Pichai hinted at the possibility of additional job cuts in the coming year, as reported by The Verge.

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1 min  |
February 08, 2024
BOEING LANDS 150 MAX JET ORDER FROM AKASA AMIDST INDUSTRY CHALLENGES
The Business Guardian

BOEING LANDS 150 MAX JET ORDER FROM AKASA AMIDST INDUSTRY CHALLENGES

Akasa’s total order book now stands at 226 aircraft, bolstering its domestic and international expansion plans, according to the statement.

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2 mins  |
February 08, 2024
Adani enhances market standing, secures 7 GW Khavda project
The Business Guardian

Adani enhances market standing, secures 7 GW Khavda project

Adani Energy Solutions limited (AESL) announced on 28 December that it has secured a letter of intent (Lol) to acquire Halvad Transmission from PFC Consulting Limited (PFCCL). Halvad Transmission, a special-purpose vehicle established by PFCCL, is dedicated to evacuating 7 gigawatts (GW) of renewable energy (RE) from the Khavda RE park in Gujarat.

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1 min  |
February 08, 2024
Indian Railways powers up Northeast: electrifies 937 RKM tracks
The Business Guardian

Indian Railways powers up Northeast: electrifies 937 RKM tracks

In the northeastern reLgion of India, the railway network is swiftly undergoing electrification to achieve Net Zero Carbon Emissions by 2030.

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1 min  |
February 08, 2024
GOVT CRACKS DOWN ON ACTION AGAINST DECEPTIVE LOAN APP PROMOTIONS
The Business Guardian

GOVT CRACKS DOWN ON ACTION AGAINST DECEPTIVE LOAN APP PROMOTIONS

The central government is taking action against the promotion of deceptive loan apps on social media

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1 min  |
February 08, 2024
PM Modi unveils ambitious development agenda in Goa: Key projects, initiatives unveiled
The Business Guardian

PM Modi unveils ambitious development agenda in Goa: Key projects, initiatives unveiled

The Prime Minister, Shri NaThe rendra Modi inaugurated and laid the foundation stone for development projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa today.

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3 mins  |
February 08, 2024
ONGC ties up with Total Energies to detect, measure methane emissions
The Business Guardian

ONGC ties up with Total Energies to detect, measure methane emissions

State-run energy company She corporation has signed an agreement for cooperation with TotalEnergies to carry out methane emissions detection and measurement campaigns.

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1 min  |
February 08, 2024
India set to invest around 67 bn over 5-6 yrs, lift refining capacity to 450 MMTPA: Modi
The Business Guardian

India set to invest around 67 bn over 5-6 yrs, lift refining capacity to 450 MMTPA: Modi

The India Energy Week comes at a pivotal juncture when the initial six months of this fiscal year has seen India's GDP growth rate surge by over 7.5 percent -a figure surpassing global growth estimates -- and the country has emerged as the world's third-largest energy consumer, oil consumer and LPG consumer as well as the fourth-largest importer of LNG, refiner and automobile market globally.

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2 mins  |
February 08, 2024
GOVT RECEIVED INVESTMENT PROPOSALS WORTH RS 33,129 CR DURING WORLD FOOD INDIA 2023
The Business Guardian

GOVT RECEIVED INVESTMENT PROPOSALS WORTH RS 33,129 CR DURING WORLD FOOD INDIA 2023

MoFPI in India sees a surge in investment interest totaling Rs 33,129 crore, driven by schemes and initiatives promoting the food processing sector’s growth

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1 min  |
February 08, 2024
Mortgage Rates Surge Past 7% Amid Economic Rebound
The Business Guardian

Mortgage Rates Surge Past 7% Amid Economic Rebound

The The average rate on the popular 30-year fixed mortgage crossed over 7% on Monday for the first time since December, hitting 7.04%, according to Mortgage News Daily.

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2 mins  |
February 07, 2024
Review Order Banning Paytm Bank Services, Founders Urge Govt
The Business Guardian

Review Order Banning Paytm Bank Services, Founders Urge Govt

In a In a concerted effort to adLdress concerns regarding the recent regulatory directive impacting Paytm Payments Bank (PPBL), a group of prominent startup founders has penned a letter to key governmental bodies, including the Prime Minister, the Finance Minister, and the Reserve Bank of India (RBI).

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3 mins  |
February 07, 2024
Worli Seaface: Mumbai's Very Own Billionaires Row
The Business Guardian

Worli Seaface: Mumbai's Very Own Billionaires Row

Akin to the ultra-luxury towers dotting the southern tip of Central Park in Manhattan, Mumbai is also witnessing the emergence of its very own Billionaires' Row at Worli Seaface. Much like the famed New York neighbourhood, Worli Seaface with some of the most super premium and high-value residences in the city, has gained a reputation as the address that spells success.

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2 mins  |
February 07, 2024
DELHI HIGH COURT REFUSED TO QUASH SUMMONS AGAINST ARWIND KEJRIWAL: RETWEETING DEFAMATORY CONTENTS AMOUNTS TO DEFAMATION
The Business Guardian

DELHI HIGH COURT REFUSED TO QUASH SUMMONS AGAINST ARWIND KEJRIWAL: RETWEETING DEFAMATORY CONTENTS AMOUNTS TO DEFAMATION

T he Delhi High Court in the case Arvind Kejriwal v. State and Anr. observed and has refused to quash the summons issued against Delhi Chief Minister Arvind Kejriwal in a criminal defamation case for retweeting an allegedly defamatory video which is posted by YouTuber Dhruv Rathee in 2018.

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2 mins  |
February 07, 2024
CHINESE PREZ DIGS IN HIS HEELS DESPITE MOUNTING SETBACKS
The Business Guardian

CHINESE PREZ DIGS IN HIS HEELS DESPITE MOUNTING SETBACKS

Lam predicted Xi likely would not seek to reign beyond a fourth five-year term, although at that time he might remain a power behind the throne by retaining the chairmanship of the allimportant Central Military Commission.

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3 mins  |
February 07, 2024
Indian toy makers secure 10M+ orders at nuremberg toy fair
The Business Guardian

Indian toy makers secure 10M+ orders at nuremberg toy fair

Indian Toy Manufacturers Secure Orders Exceeding $10 turers Secure Orders Exceeding $10 Million at Prestigious Nuremberg International Toy Fair in Germany, Held from January 30 to February 3, 2024.

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1 min  |
February 07, 2024
S P apparels acquires young brand apparel for Rs 223 cr
The Business Guardian

S P apparels acquires young brand apparel for Rs 223 cr

SIS Apparels Ltd (SPAL), a leading apparel manufacturer and exporter, has signed a definitive agreement to acquire Young Brand Apparel Private Limited (YBAPL), a subsidiary of Bannari Amman Spinning Mills, for a value of Rs 223 crore.

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1 min  |
February 07, 2024
AUDI BULLISH ON INDIA; EXPECTS LOW LUXURY CAR PENETRATION UNTIL TAX RATIONALIZATION
The Business Guardian

AUDI BULLISH ON INDIA; EXPECTS LOW LUXURY CAR PENETRATION UNTIL TAX RATIONALIZATION

Audi anticipates that the growth rate of India’s luxury car market will decrease to the low double digits in 2024, contrasting with the approximately 25 percent growth seen in 2023

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2 mins  |
February 07, 2024
Mumbai 4th wealthiest BRICS city; Bengaluru tops emerging millionaire hotspots
The Business Guardian

Mumbai 4th wealthiest BRICS city; Bengaluru tops emerging millionaire hotspots

A recent Wealth Report by Henley & Partners in collaboration with New World Wealth, Bengaluru, also known as the 'Silicon Valley' of India, is anticipated to emerge as one of the globe's fastest-growing millionaire centers in the next decade.

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1 min  |
February 07, 2024
Approval expected for four state-owned banks to raise funds in H1 FY25
The Business Guardian

Approval expected for four state-owned banks to raise funds in H1 FY25

The The central government is contemplating allowing at least four state-owned banks to raise funds or expand their public float in the first half of the upcoming financial year (FY25) to enhance their lending operations and encourage greater public involvement.

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1 min  |
February 07, 2024
STATE COMMITTEE APPROVES RS 658 CR BUDGET FOR PM POSHAN SCHEME
The Business Guardian

STATE COMMITTEE APPROVES RS 658 CR BUDGET FOR PM POSHAN SCHEME

State-Level committee approves Rs 658 crore budget for PM POSHAN Scheme, including Rs 457.26 crore state allocation

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1 min  |
February 07, 2024
India-Qatar LNG deal, 20-year extension secured
The Business Guardian

India-Qatar LNG deal, 20-year extension secured

India is poised to finalize La substantial USD 78 billion deal aimed at extending liquefied natural gas (LNG) imports from Qatar for an additional 20 years, sources revealed. Petronet LNG Ltd, the country's largest LNG importer, is anticipated to ink the agreement with Qatar Energy during the India Energy Week (IEW) gathering. The deal is expected to secure supplies of 7.5 million tonnes of LNG annually for various purposes, including electricity generation, fertilizer production, and conversion to compressed natural gas (CNG).

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1 min  |
February 07, 2024
INVESTMENT OF RS 1.07 LAKH CR TILL DEC 23, SALES WORTH RS 8.70 LAKH CR
The Business Guardian

INVESTMENT OF RS 1.07 LAKH CR TILL DEC 23, SALES WORTH RS 8.70 LAKH CR

The increasing importance of the scheme is palpable by the exhaustive sessions covering all 14 sectors and focused on exploring areas of collaboration between the Government and industry champions and creating a clear action plan for successful implementation of PLI Schemes

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2 mins  |
February 07, 2024
China's Economic Decline Predicted By Imf Over Next Four Years
The Business Guardian

China's Economic Decline Predicted By Imf Over Next Four Years

The IMF’s analysis, outlined in the report, suggests a potential 30 to 60 percent drop in real estate investment over the next decade compared to 2022 levels

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2 mins  |
February 06, 2024
The Business Guardian

Rajasthan man missing since 2 years found in Mumbai, reunited with kin

A 35-year-old man, who went missing from his hometown Alwar in Rajasthan two years back, was found in Mumbai and reunited with his family on Sunday, a police official here said.

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1 min  |
February 06, 2024
The Business Guardian

MD drugs worth Rs 2.04 cr seized in Andheri, two held

Two drug peddlers were arrested in Versova area of Mumbai’s Andheri after mephedrone (MD) drugs worth over Rs 2.40 crore was seized from them, Crime Branch officials said on Saturday.

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1 min  |
February 06, 2024
GRAND EVENT OF SHRI HANUMAN KRIPA MAHOTSAV ORGANIZED AT SHREE CEMENT COMPLEX
The Business Guardian

GRAND EVENT OF SHRI HANUMAN KRIPA MAHOTSAV ORGANIZED AT SHREE CEMENT COMPLEX

The giver of Ashta Siddhi Navnidhi, the mother of Asbar Deen Janaki. The simple meaning is that by the blessing of Mother Sita, Lord Hanuman ji is the giver of Ashta Siddhi Navnidhi.

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1 min  |
February 06, 2024
SUPREME COURT ISSUED NOTICE ON LAW GRADUATE'S PETITION CHALLENGING ENROLLMENT FEE CHARGED BY UP BAR COUNCIL
The Business Guardian

SUPREME COURT ISSUED NOTICE ON LAW GRADUATE'S PETITION CHALLENGING ENROLLMENT FEE CHARGED BY UP BAR COUNCIL

The Supreme Court in the case Kuldeep Mishra vs. Bar Council Of Uttar Pradesh observed and has issued the notice on the writ petition moved by a law graduate challenging the enrollment fee charged by the Uttar Pradesh State Bar Council.

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1 min  |
February 06, 2024
Uttarakhand Cabinet Approved UCC Draft Report, Bill To Be Tabled In Assembly On February 06, 2024
The Business Guardian

Uttarakhand Cabinet Approved UCC Draft Report, Bill To Be Tabled In Assembly On February 06, 2024

The Uttarakhand Cabinet approved the report on the Uniform Civil Code, UCC during the cabinet meeting which is held at the Chief Minister’s residence under the chairmanship of Chief Minister Pushkar Singh Dhami.

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1 min  |
February 06, 2024
The Business Guardian

SUPREME COURT EXPRESSED CONCERNS: SCHOOLS CANNOT ACCEPT THAT I AM A TRANSWOMAN, SAYS TERMINATED TEACHER

The Supreme Court in the case Jane Kaushik vs. Union Of India observed and has expressed concerns over the treatment meted out to a transgender teacher who had been terminated from her appointment by the two private schools in Gujarat and Uttar Pradesh.

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2 mins  |
February 06, 2024