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The Business Guardian

Govt okays 746 PLI applications for different sectors

A total of 746 applications have as NoA vember 2023 under the Production Linked Incentive (PLI) schemes, encompassing sectors like pharmaceuticals, white goods, and electronics, according to an official statement released on Tuesday.

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1 min  |
December 27, 2023
Organised food, grocery retailer revenue to grow 14-15% in FY'25
The Business Guardian

Organised food, grocery retailer revenue to grow 14-15% in FY'25

Organised brick-and mortar food and grocery (F&G) retailers are set to log a strong revenue growth of 1415 per cent in fiscal 2025 supported by continued healthy demand and expansion in underpenetrated Tier II and III cities and despite fierce competition from quick commerce channels.

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1 min  |
December 27, 2023
Operating profit of offshore oil rig operators to swell 30% next fiscal
The Business Guardian

Operating profit of offshore oil rig operators to swell 30% next fiscal

Indian offshore rig operators are set for a 30 per cent jump in operating profit in fiscal 2025 with strong global demand for rigs amid healthy crude oil prices keeps day rates elevated after doubling to USD 85,000 from last year’s level.

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2 mins  |
December 27, 2023
Tiger mortality reaches decadal high with 202 deaths in 2023, Maharashtra worst-hit
The Business Guardian

Tiger mortality reaches decadal high with 202 deaths in 2023, Maharashtra worst-hit

India has witnessed the highest number of tiger deaths in over a decade, totaling 202 this year, according to a report released by the Wildlife Protection Society of India (WPSI).

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1 min  |
December 26, 2023
FOUR ARRESTED IN CHUNABHATTI FIRING CASE; MANHUNT UNDERWAY FOR FIFTH SUSPECT
The Business Guardian

FOUR ARRESTED IN CHUNABHATTI FIRING CASE; MANHUNT UNDERWAY FOR FIFTH SUSPECT

In the aftermath of the Chunabhatti firing incident that occurred on Sunday afternoon, Mumbai Police have successfully apprehended four individuals associated with the gang involved, while an intensive search is ongoing for the fifth suspect.

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1 min  |
December 26, 2023
BEED RECORDS THREE NEW CASES OF COVID-19, THANE LOGS FIVE CASES OF JN.1 VARIANT
The Business Guardian

BEED RECORDS THREE NEW CASES OF COVID-19, THANE LOGS FIVE CASES OF JN.1 VARIANT

Three persons have tested positive for coronavirus in Maharashtra’s Beed district, an official said on Monday.

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1 min  |
December 26, 2023
Delhi High Court Seeks Delhi Govt's Status Report: Medical Infrastructure In Delhi Inadequate Demand Far In Excess Of Supply
The Business Guardian

Delhi High Court Seeks Delhi Govt's Status Report: Medical Infrastructure In Delhi Inadequate Demand Far In Excess Of Supply

The Delhi High Court in the case Court On Its Own Motion v. Union Of India And Ors observed that the medical infrastructure in the national capital is inadequate and the number of hospital beds are insufficient.

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2 mins  |
December 26, 2023
DELHI HIGH COURT DISMISSED TV TODAY NETWORK'S PETITION AGAINST ORDERS TO RUN APOLOGY SCROLL FOR BROADCASTING ADVERTISEMENTS PROMOTING LIQUOR BRAND NAMES
The Business Guardian

DELHI HIGH COURT DISMISSED TV TODAY NETWORK'S PETITION AGAINST ORDERS TO RUN APOLOGY SCROLL FOR BROADCASTING ADVERTISEMENTS PROMOTING LIQUOR BRAND NAMES

The Delhi High Court in the case TV Today Network Limited v. Union of India and Anr observed and has refused to interfere with orders passed by Ministry of Information and Broadcasting, whereby TV Today Network, operator, or owner of India Today and Aaj Tak, was directed to run an apology scroll for broadcasting advertisements which are promoting brand names associated with the alcohol produces.

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2 mins  |
December 26, 2023
SUPREME COURT DENIED ANTICIPATORY BAIL TO IPS OFFICER WHO ALLEGEDLY GOT CONMAN TO POSE AS HIGH COURT CHIEF JUSTICE TO INFLUENCE OF CORRUPTION PROBE
The Business Guardian

SUPREME COURT DENIED ANTICIPATORY BAIL TO IPS OFFICER WHO ALLEGEDLY GOT CONMAN TO POSE AS HIGH COURT CHIEF JUSTICE TO INFLUENCE OF CORRUPTION PROBE

The Supreme Court in the case Aditya Kumar v. State of Bihar observed and has denied the anticipatory bail to IPS officer and former Superintendent of Police Aditya Kumar who had allegedly involved a conman to pose as the Chief Justice of the Patna High Court in order to influence the corruption probe against him.

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2 mins  |
December 26, 2023
ALLAHABAD HIGH COURT: STRICKER APPROACH TO I n BE FOLLOWED BEFORE GIVING BENEFIT EXEMPTIONS AND DEDUCTIONS UPVAT RULES I
The Business Guardian

ALLAHABAD HIGH COURT: STRICKER APPROACH TO I n BE FOLLOWED BEFORE GIVING BENEFIT EXEMPTIONS AND DEDUCTIONS UPVAT RULES I

The Allahabad High Court in the case the Commissioner, Commercial Tax U.P. v. S/S Sanya Construction and Developers Pvt. Ltd observed and has held that though in case of doubt, the taxing statues are to be interpreted in favour of the assesee.

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2 mins  |
December 26, 2023
CHINA SHIFTS STANCE ON GAMING INDUSTRY POST $80B MARKET TURMOIL
The Business Guardian

CHINA SHIFTS STANCE ON GAMING INDUSTRY POST $80B MARKET TURMOIL

On Monday, China allowed 105 domestic games, marking the most recent indication that Beijing is adopting a more lenient stance in response to an 80 billion market downturn last week triggered by its attempts to enhance industry regulations.

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3 mins  |
December 26, 2023
Afghan activist calls for action against girls' education ban
The Business Guardian

Afghan activist calls for action against girls' education ban

In a courageous stand against the Taliban’s oppressive policies, an Afghan woman activist, Fatima Amiri, has emerged as a vocal critic of the restrictive measures imposed on the education of girls in the country.

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2 mins  |
December 26, 2023
Google's Play Store fee adjustment rejected over revenue concerns
The Business Guardian

Google's Play Store fee adjustment rejected over revenue concerns

Google, Alphabet Inc.’s subsidiary, contemplated altering its app store pricing approach as a response to regulatory scrutiny.

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2 mins  |
December 26, 2023
75K Meesho double-digit sellers experience sales growth
The Business Guardian

75K Meesho double-digit sellers experience sales growth

On Sunday, Soft bankbacked e-commerce firm Meesho reported that approximately 75,000 sellers achieved double-digit growth, and over 20,000 experienced a tenfold increase in their business.

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1 min  |
December 26, 2023
PAYTM IMPLEMENTS COST-CUTTING, IMPLEMENTS AI; 1,000 JOBS AFFECTED
The Business Guardian

PAYTM IMPLEMENTS COST-CUTTING, IMPLEMENTS AI; 1,000 JOBS AFFECTED

The decision to cut jobs aligns with Paytm’s broader efforts to realign its businesses, anticipating further cost-cutting measures in the coming months

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2 mins  |
December 26, 2023
North TN to Receive INR 10 Cr small biz loans from Sundaram Home Finance
The Business Guardian

North TN to Receive INR 10 Cr small biz loans from Sundaram Home Finance

Sundaram Home Finance, in line with its expansion vision in the state, has entered north Tamil Nadu.

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1 min  |
December 26, 2023
MD Mehta: NINL, once home to snakes, now operates at full capacity
The Business Guardian

MD Mehta: NINL, once home to snakes, now operates at full capacity

Snakes and scorpions roamed the premises of NINL, surrounded by bushes, and the plant machinery was rusted, as per Sudhir Kumar Mehta, the MD & CEO, recalling the challenges faced in restarting the ailing unit within a prescribed 90-day timeframe.

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1 min  |
December 26, 2023
Tripura CM reports investor interest in education and health sectors
The Business Guardian

Tripura CM reports investor interest in education and health sectors

On Sunday, Tripura Chief Minister Manik Saha revealed that various organizations, including investors from outside the state, are expressing interest in investing in the educational and health sectors in the state, as per a press release.

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1 min  |
December 26, 2023
VIDRANT DUJARAT STAKEHOLDERS PRAISE GUJARAT'S INDUSTRIAL POLICY FOR GLOBAL BUSINESS HUB AMBITIONS
The Business Guardian

VIDRANT DUJARAT STAKEHOLDERS PRAISE GUJARAT'S INDUSTRIAL POLICY FOR GLOBAL BUSINESS HUB AMBITIONS

Gujarat’s 2020 industrial policy aimsto transform the state intoa global business hub through subsidies and a focus on entrepreneurship and innovation

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2 mins  |
December 26, 2023
Customer satisfaction is way towards development: Goyal
The Business Guardian

Customer satisfaction is way towards development: Goyal

Emphasizing the utilization of technology for consumer protection and grievance resolution, Union Minister Piyush Goyal marked National Consumer Day during an event in the national capital on Sunday.

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4 mins  |
December 26, 2023
Achieving 24x7 power supply for all in 2024: India's focus on coal and renewables
The Business Guardian

Achieving 24x7 power supply for all in 2024: India's focus on coal and renewables

Amidst economic expansion and growing geopolitical uncertainties, India plans to enhance its energy security and achieve a round-the-clock electricity supply for all in 2024 by strategically increasing coal-fired power projects and continuing to augment renewable generation capacity.

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3 mins  |
December 26, 2023
'Increasing exports, reducing imports new way ahead for patriotism'
The Business Guardian

'Increasing exports, reducing imports new way ahead for patriotism'

Promoting patriotism and the spirit of “swadeshi” involves a shift towards increased exports and decreased imports, marking a path to a “new freedom” for India, according to Union Minister Nitin Gadkari’s remarks during the ‘Sagar Manthan 2.0’ event hosted by the weekly magazine ‘Panchjanya’ on Sunday.

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1 min  |
December 26, 2023
ADANI GREEN CONCLUDES POWER PURCHASE PROJECT OF 8,000 MW FOR SECI
The Business Guardian

ADANI GREEN CONCLUDES POWER PURCHASE PROJECT OF 8,000 MW FOR SECI

AGEL signed the final PPA with the firm to supply 1,799 MWs of solar power for 25 years

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2 mins  |
December 26, 2023
IIT-Bombay's Class of 1998 gifts Rs 57 cr to alma mater
The Business Guardian

IIT-Bombay's Class of 1998 gifts Rs 57 cr to alma mater

IIT-Bombay's class of 1998 has gifted Rs 57 crore to its alma mater as part of the silver jubilee reunion celebrations the highest combined contribution by a single class.

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2 mins  |
December 25, 2023
SUDANESE NATIONAL APPREHENDED IN AURANGABAD FOLLOWING ALLEGATIONS OF PROSELYTIZATION
The Business Guardian

SUDANESE NATIONAL APPREHENDED IN AURANGABAD FOLLOWING ALLEGATIONS OF PROSELYTIZATION

A Sudanese national, Osama Ali Yusuf Ahmed, aged 22, has been arrested by the Aurangabad police over accusations of enticing individuals to convert to Islam.

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1 min  |
December 25, 2023
ARCHBISHOP OF BOMBAY ADVOCATES INCLUSION OF ALL GENDER ORIENTATIONS IN CHRISTMAS MESSAGE
The Business Guardian

ARCHBISHOP OF BOMBAY ADVOCATES INCLUSION OF ALL GENDER ORIENTATIONS IN CHRISTMAS MESSAGE

\"There are no strangers in the land, and there are no outsiders. None is excluded, not even people with different gender orientations. Our baptism into one faith in God gets us connected.\"

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1 min  |
December 25, 2023
DELHI HIGH COURT: SFIO NOT BARRES FROM INVESTIGATING IPC OFFENCES, CONDUCTING 'FURTHER PROBE'
The Business Guardian

DELHI HIGH COURT: SFIO NOT BARRES FROM INVESTIGATING IPC OFFENCES, CONDUCTING 'FURTHER PROBE'

The Delhi High Court in the case R.K. Gupta And Ors. v. Union Of India Through Ministry Of Corporate Affairs And Anr. observed and has stated that the Serious Fraud Investigation Office, SFIO is not barred from investigating offences under the Indian Penal Code, 1860, or conducting further investigation in accordance with law after the Investigation Report has been submitted before the court.

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2 mins  |
December 25, 2023
DELHI HIGH COURT DENIED INTERIM RELIEF TO FREEBIT'S 'IMPROVED EARPIECE', IMPOSED COST OF RS 5 LAKHS FOR SUPPRESSING MATERIAL FACTS
The Business Guardian

DELHI HIGH COURT DENIED INTERIM RELIEF TO FREEBIT'S 'IMPROVED EARPIECE', IMPOSED COST OF RS 5 LAKHS FOR SUPPRESSING MATERIAL FACTS

The Delhi High Court in the case Freebit AS v. Exotic Mile Private Limited observed and has dismissed an application filed for interim injunction by leading supplier of in-ear products ‘Freebit AS’

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2 mins  |
December 25, 2023
DELHI HIGH COURT: CONVICT HAS FUNDAMENTAL RIGHT TO PARENTHOOD AND PROSECUTION, INCARCERATION DOES NOT MAKE HIM LESSER CITIZEN
The Business Guardian

DELHI HIGH COURT: CONVICT HAS FUNDAMENTAL RIGHT TO PARENTHOOD AND PROSECUTION, INCARCERATION DOES NOT MAKE HIM LESSER CITIZEN

The Delhi High Court in the case Kundan Singh v. The State Of Govt. Of NCT of Delhi observed and has ruled that the convict has the right to parenthood and procreation and such an individual does not become a lesser citizen only due to the incarceration.

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2 mins  |
December 25, 2023
The Business Guardian

THE DIGITAL EMPOWERMENT OF INDIAN JUDICIAL SYSTEM

\"Our quest for technology should not be oblivious to the country's real problem, social exclusion impoverishment and marginalisation. Dignity and rights cannot be based on algorithms or probabilities\" - Justice Chandrachud

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5 mins  |
December 25, 2023