CATEGORIES

Byju’s faces investor revolt, EGM seeks urgent board fix
The Business Guardian

Byju’s faces investor revolt, EGM seeks urgent board fix

In a recent development, investors of edtech giant Byju’s have reportedly expressed concerns about the founder, Byju Raveendran’s active involvement in the day-to-day operations of the company, according to undisclosed sources.

time-read
2 mins  |
February 05, 2024
JAN SEES FPIS POURING OVER RS 19,800 CRORE INTO INDIA'S DEBT MKT
The Business Guardian

JAN SEES FPIS POURING OVER RS 19,800 CRORE INTO INDIA'S DEBT MKT

Official data from depositories reveled that investors pulled out Rs 25,743 crore from Indian equities during the reviewed period, citing elevated bond yields in the US.

time-read
2 mins  |
February 05, 2024
The Business Guardian

ROYAL ENFIELD CLASSIC 350 FLEX FUEL SHOWN AT BHARAT MOBILITY

Royal Enfield, the popular Chennai-based motorcycle manufacturer, is planning to introduce a new variant of its well-loved Classic 350 model. This new model, called the Classic 350 Flex Fuel,' was recently showcased at the Bharat Mobility Global Expo in New Delhi.

time-read
1 min  |
February 04, 2024
NYKAA UNVEILS AWARDS TO RECOGNISE EXCELLENCE IN INDIAN BEAUTY MARKET
The Business Guardian

NYKAA UNVEILS AWARDS TO RECOGNISE EXCELLENCE IN INDIAN BEAUTY MARKET

Spotlighting consumers' favourite brands with an aim to set new benchmarks in the world of beauty, India's most preferred and trusted destination for beauty and lifestyle, Nykaa, today announced the launch of NYKAA BEST IN BEAUTY AWARDS.

time-read
2 mins  |
February 04, 2024
Steel Maker Goodluck India's net profit grows 72 per cent in Q3
The Business Guardian

Steel Maker Goodluck India's net profit grows 72 per cent in Q3

Steel products maker Goodluck India Ltd on Saturday posted a 72 per cent rise in its consolidated net profit at Rs 31.75 crore during the quarter ended December 2023, aided by higher income.

time-read
1 min  |
February 04, 2024
MONEY LAUNDERING CONCERNS LED TO BAN ON PAYTM BANK
The Business Guardian

MONEY LAUNDERING CONCERNS LED TO BAN ON PAYTM BANK

Money laundering concerns and questionable dealings of hundreds of crores of rupees between the popular wallet Paytm and its lesserknown banking arm had led the Reserve Bank of India to clamp down on tech poster boy Vijay Sekhar Sharmarun entities, sources said.

time-read
2 mins  |
February 04, 2024
The Business Guardian

DELHI COURT PERMITS SANJAY SINGH TO TAKE OATH AS MP

Delhi's Rouse Avenue Court on Saturday granted permission to Aam Aadmi Party (AAP) MP Sanjay Singh to take oath as Rajya Sabha MP on February 5, 2024, while in custody in the Delhi Excise Policy money laundering case.

time-read
1 min  |
February 04, 2024
The Business Guardian

Brij Bhushan seeks discharge in sexual harassment case

BJP MP and former WFI chief Brij Bhushan Sharan Singh has sought to be discharged in the sexual harassment case filed against him by women wrestlers, citing a delay in reporting the alleged offense and contradictions in the complainants' statements.

time-read
1 min  |
February 04, 2024
The Business Guardian

PAKISTAN COURT SENTENCES IMRAN KHAN AND BUSHRA BIBI TO SEVEN YEARS' IMPRISONMENT

A Pakistan court on Saturday sentenced incarcerated former Prime Minister Imran Khan and his wife Bushra Bibi to seven years imprisonment in the ‘unIslamic nikah’ case, just days before the upcoming general elections on February 8.

time-read
2 mins  |
February 04, 2024
The Business Guardian

APPOINTMENT OF CHIEF JUSTICES FOR 7 HCS

The Ministry of Law and Justice has notified the appointment of Chief Justices for several High Courts, including Meghalaya, Allahabad, Gauhati, Orissa, Uttarakhand, Rajasthan, and Punjab and Haryana.

time-read
2 mins  |
February 04, 2024
Budget rides on Modinomics in election year
The Business Guardian

Budget rides on Modinomics in election year

During the introduction of the first Budget by the NDA government in 2014, the then Finance Minister, Arun Jaitley, assured Parliament that under the leadership of Prime Minister Narendra Modi, the Government would leave no stone unturned in creating a strong and vibrant India.

time-read
2 mins  |
February 04, 2024
AMRIT RAAL BUDGET 2024 FOR VIKSIT BHARAT 2047
The Business Guardian

AMRIT RAAL BUDGET 2024 FOR VIKSIT BHARAT 2047

The Union budget 2024-25 unveils an idea of Viksit Bharat spearheading towards holistic and integral development with a continuous thrust on infrastructure and capital expenditure, nurturing the startup ecosystem, fostering research and development, and focusing on clean energy and green growth.

time-read
3 mins  |
February 04, 2024
Mahindra, Force Motors, Honda's mobility innovations showcase 'Make in India' strength
The Business Guardian

Mahindra, Force Motors, Honda's mobility innovations showcase 'Make in India' strength

The Government’s mission of Make in India for the World’ reflected strongly at the Bharat Mobility Global Expo 2024 with the automobile industry witnessing ground-breaking mobility offerings, solidifying India’s position as a cradle of automotive innovation.

time-read
3 mins  |
February 04, 2024
HYUNDAI, TATA MOTORS JANUARY SALES POST PROFITS
The Business Guardian

HYUNDAI, TATA MOTORS JANUARY SALES POST PROFITS

Hyundai Motor India has started the year 2024 by posting robust total sales of 67 615 units in January 2024.

time-read
2 mins  |
February 04, 2024
PM Modi visits TVS Motor Company pavilion
The Business Guardian

PM Modi visits TVS Motor Company pavilion

Chennai-based TVS Motor Company (TVSM) on Friday showcased its ‘made in India, made for the world’ mobility solutions in the two and three-wheeler segments to Prime Minister Narendra Modi who visited the global automaker’s pavilion at the Bharat Mobility Global Expo 2024.

time-read
2 mins  |
February 04, 2024
AUTO INDUSTRY TO PLAY KEY ROLE IN INDIA'S RISE
The Business Guardian

AUTO INDUSTRY TO PLAY KEY ROLE IN INDIA'S RISE

Over 800 exhibitors from 50+ countries participated at Global Expo 2024

time-read
2 mins  |
February 04, 2024
The Business Guardian

DPIIT RECOGNISES 117,254 STARTUPS IN DEC 2023

Sustained efforts by the Government to build a strong ecosystem for nurturing innovation have led to a substantial increase in the number of startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) to 1,17,254 as on 31 December 2023.

time-read
1 min  |
February 04, 2024
INDIAN TOY INDUSTRY IMPORTS DECLINE 52%, EXPORTS RISE 239% IN FY23
The Business Guardian

INDIAN TOY INDUSTRY IMPORTS DECLINE 52%, EXPORTS RISE 239% IN FY23

A conducive manufacturing ecosystem created by the Government for the toy industry has resulted in 52 per cent decrease in overall import of toys and 239 per cent increase in exports of toys from FY 2014-15 to FY 2022-23, Minister of State for Commerce and Industry Som Parkash informed Rajya Sabha.

time-read
1 min  |
February 04, 2024
SBI Life inaugurates branch in Ayodhya, encourages locals to pursue aspirations
The Business Guardian

SBI Life inaugurates branch in Ayodhya, encourages locals to pursue aspirations

SBI Life Insurance, one of the most trusted life insurers in the country, marked a significant milestone with the inauguration of its branch in the popular city of Ayodhya in Uttar Pradesh.

time-read
3 mins  |
February 04, 2024
The Business Guardian

EV sales up in 2023, Govt gives Rs 5,790 crore subsidy

The sale of electric vehicles has registered a growth of 49.25 per cent during the last calendar year, 2023 and the Government has given subsidy amounting to Rs 5790 crore to EV manufacturers on sale of 13,41,459 number of EVs under phase-II of the Faster Adoption and Manufacturing of (Hybrid) Electric Vehicles (FAME) scheme.

time-read
1 min  |
February 04, 2024
RELIANCE POWER Q3 RESULTS: NET LOSS RISES TO RS 1,136.7 CRORE ON HIGH EXPENSES
The Business Guardian

RELIANCE POWER Q3 RESULTS: NET LOSS RISES TO RS 1,136.7 CRORE ON HIGH EXPENSES

Reliance Power Ltd on Saturday reported widening of its consolidated net loss to Rs 1,136.75 crore during the quarter ended December 2023, due to increased expenses.

time-read
1 min  |
February 04, 2024
BUDGET PUSHES FOR CAPEX OF RS 11.1 TRN, 3 RAIL CORRIDORS
The Business Guardian

BUDGET PUSHES FOR CAPEX OF RS 11.1 TRN, 3 RAIL CORRIDORS

Finance Ministers’ governance, development performance mantra.

time-read
6 mins  |
February 04, 2024
Closure of Shivaji Park swimming pool due to green water raises health concerns
The Business Guardian

Closure of Shivaji Park swimming pool due to green water raises health concerns

The civic-run swimming pool at Shivaji Park Dadar was shut down on Thursday evening following complaints of the water turning an unusual shade of green.

time-read
1 min  |
February 03, 2024
Fadnavis meets Nadda: 'Gaon Chalo' outreach campaign takes center stage in Maharashtra
The Business Guardian

Fadnavis meets Nadda: 'Gaon Chalo' outreach campaign takes center stage in Maharashtra

In a crucial development, Maharashtra Deputy Chief Minister Devendra Fadnavis met with BJP national president J P Nadda in Delhi on Thursday night, focusing on strategy discussions for the upcoming Lok Sabha polls.

time-read
1 min  |
February 03, 2024
'INFLATION, UNEMPLOYMENT, FARMERS' SUICIDES NEGLECTED IN INTERIM BUDGET": MAHA CONGRESS
The Business Guardian

'INFLATION, UNEMPLOYMENT, FARMERS' SUICIDES NEGLECTED IN INTERIM BUDGET": MAHA CONGRESS

The Maharashtra Congress has voiced its dissatisfaction with the interim budget presented by Union Finance Minister Nirmala Sitharaman, asserting that it overlooks vital issues such as inflation, unemployment, farmer suicides, and the country’s substantial debt.

time-read
1 min  |
February 03, 2024
The Business Guardian

SUPREME COURT ASKS TO 6 MAHARASHTRA POLICE OFFICERS TO PAY RS 6 LAKHS COST TO TENANTS WHO WERE ILLEGALLY EVICTED

The Supreme Court in the case Shatrughna Atmaram Patil And Ors Versus Vinod Dodhu Chaudhary and Anr observed and has imposed the cost amounting to Rs. 6 lakhs on six police personnel of the Maharashtra Police for conspiring and illegally detaining tenants while coercing them to sign documents against the will of them, and demolishing the premises in question without any order from a competent court.

time-read
2 mins  |
February 03, 2024
US approves $3.99B sale of MQ-9B aircraft to India
The Business Guardian

US approves $3.99B sale of MQ-9B aircraft to India

The US State Department has made a determination approving a possible Foreign Military Sale to the Government of India of MQ-9B Remotely Piloted Aircraft and related equipment for an estimated cost of USD 3.99 billion, US Department of Defence (US DOD) said.

time-read
2 mins  |
February 03, 2024
Tata, Pegatron discuss iPhone assembly in Tamil Nadu
The Business Guardian

Tata, Pegatron discuss iPhone assembly in Tamil Nadu

Tata Group is in advanced talks with Taiwan’s Pegatron to form a partnership to run an iPhone assembly plant the Indian company is building in the southern state of Tamil Nadu, two sources with direct knowledge of the matter said on Thursday.

time-read
1 min  |
February 03, 2024
Mustard production dip in Raj likely for 2023-24 season
The Business Guardian

Mustard production dip in Raj likely for 2023-24 season

Traders in Rajasthan, India’s largest mustard-producing state, are anticipating a decline in production for the upcoming 2023-2024 crop season.

time-read
1 min  |
February 03, 2024
Centre to sell 'Bharat Rice' at Rs 29/kg in retail
The Business Guardian

Centre to sell 'Bharat Rice' at Rs 29/kg in retail

The Centre said on Friday it will sell ‘Bharat Rice’ in the retail market at Rs 29 per kg from next week to give relief to the common man and has also directed traders to disclose rice and paddy stock as part of its efforts to control prices that have risen by around 15 percent in the last year.

time-read
2 mins  |
February 03, 2024