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Glenmark, Cosmo partner to bring acne treatment Winlevi to Europe, S Africa
The Business Guardian

Glenmark, Cosmo partner to bring acne treatment Winlevi to Europe, S Africa

Glenmark Specialty SA, a subsidiary of Glenmark Pharmaceuticals, and Cosmo Pharmaceuticals NV announced the signing of distribution and licence agreements for Winlevi (clascoterone cream 1 per cent, used to treat acne vulgaris) in Europe and South Africa on Wednesday.

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September 28, 2023
Zepto most preferred startup for professionals in India: LinkedIn ranking
The Business Guardian

Zepto most preferred startup for professionals in India: LinkedIn ranking

E-commerce platform Zepto, which has turned unicorn recently, has emerged as the top startup in India in terms of professionals’ preferred workplace, according to a list by a top recruiting platform.

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1 min  |
September 28, 2023
Aditya Birla Fashion acquires 51% stake in TCNS Clothing, becomes promoter
The Business Guardian

Aditya Birla Fashion acquires 51% stake in TCNS Clothing, becomes promoter

AdityaBirla Fashion Retail Ltd (ABFRL), a part ofAditya Birla Group, has completed the acquisition of a 51 per cent stake in TCNS Clothing to become a promoter of the women’s apparel brand.

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1 min  |
September 28, 2023
ADIA LOOKS TO PUT ADD'L INVESTMENTS OF $600 MILLION IN RRVL
The Business Guardian

ADIA LOOKS TO PUT ADD'L INVESTMENTS OF $600 MILLION IN RRVL

Abu Dhabi Investment Authority ADIA), a sovereign fund from the Gulf region, is reportedly considering purchasing an additional stake worth 600 million in Reliance Retail Ventures Limited RRVL)

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1 min  |
September 28, 2023
CM DHAMI HIGHLIGHTS STATE'S REAL ESTATE POTENTIAL IN LONDON
The Business Guardian

CM DHAMI HIGHLIGHTS STATE'S REAL ESTATE POTENTIAL IN LONDON

Global Investors Summit: CM Dhami in London declares that the real estate market in his state has immense potential

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2 mins  |
September 28, 2023
65 per cent of Joshimath houses affected by land subsidence
The Business Guardian

65 per cent of Joshimath houses affected by land subsidence

Land subsidence has impacted almost 65% of the homes in the Uttarakhand pilgrimage town of Joshimath. 355 families had to relocate when some homes and other civil constructions near the Joshimath-Auli road started to show significant fractures as a result of ground subsidence starting on January 2.

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1 min  |
September 28, 2023
Travel jobs boom 44% as industry rebounds in August
The Business Guardian

Travel jobs boom 44% as industry rebounds in August

The Indian tourism sector has witnessed a remarkable 44 percent year-on year increase in talent demand in August 2023, signalling a strong recovery in the industry after facing significant challenges during the pandemic.

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2 mins  |
September 28, 2023
India to digitally register all births, deaths from Oct 1
The Business Guardian

India to digitally register all births, deaths from Oct 1

India is set to usher in a digital era in the registration of births and deaths, with all such events in the country scheduled to be registered digitally on the central government’s portal starting from October 1, 2023.

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September 28, 2023
India launches $62M pharma, medtech innovation scheme
The Business Guardian

India launches $62M pharma, medtech innovation scheme

Union Minister of Health and Family Welfare, Mansukh Mandaviya, has launched the Promotion of Research and Innovation in Pharma and MedTech sector (PRIP) scheme, which has a budget of Rs 5,000 crore.

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1 min  |
September 28, 2023
Adani Ports launches $195 M bond repurchase
The Business Guardian

Adani Ports launches $195 M bond repurchase

Adani Ports and Special Economic Zone (APSEZ) is taking proactive steps to enhance investor confidence by prepaying a significant portion of its debt due in 2024.

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2 mins  |
September 28, 2023
PM MODI FORESEES INDIA AS GLOBAL ECONOMIC POWERHOUSE
The Business Guardian

PM MODI FORESEES INDIA AS GLOBAL ECONOMIC POWERHOUSE

During his visit to Gujarat, Prime Minister Modi emphasized the importance of a 20-year roadmap for India’s development, underscoring the need to become a self-reliant nation

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2 mins  |
September 28, 2023
Delhi LG, Punjab and Himachal Pradesh CMs visit Attari
The Business Guardian

Delhi LG, Punjab and Himachal Pradesh CMs visit Attari

Delhi Lieutenant Governor Vinai Kumar Saxena, Punjab Chief Minister Bhagwant Mann, and Himachal Pradesh CM Sukhwinder Singh Sukhu visited the Attari border on Tuesday.

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1 min  |
September 27, 2023
PM Modi gave mantra for Indo-Pacific: Rajnath Singh
The Business Guardian

PM Modi gave mantra for Indo-Pacific: Rajnath Singh

Rajnath Singh underscored on Tuesday that Prime Minister Narendra Modi gave a mantra for the Indo-Pacific that was based on mutual respect, dialogue, cooperation, peace, and prosperity.

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September 27, 2023
CWRC asks K'taka to ensure 3k cusecs of Cauvery water release
The Business Guardian

CWRC asks K'taka to ensure 3k cusecs of Cauvery water release

The Cauvery Water Regulation Committee (CWRC) has recommended Karnataka ensure the release of 3000 cusecs of Cauvery water at Biligundlu starting from September 28 up to October 15, 2023. The amount of water to be released was 5000 cusecs earlier.

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1 min  |
September 27, 2023
'BJP GOVT GAVE OVER 9L JOBS SO FAR AS AGAINST 6L BY UPA'
The Business Guardian

'BJP GOVT GAVE OVER 9L JOBS SO FAR AS AGAINST 6L BY UPA'

This is why, he said, the count of start-ups has surged from around 350-400 to 1.25 lakh. He pointed out the impact of the PM's initiatives in the space sector, where the number of start-ups escalated from four to 150.

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1 min  |
September 27, 2023
LAKHIMPUR KHERI VIOLENCE: SUPREME COURT ALLOWS ASHISH MISHRA TO TRAVEL TO DELHI
The Business Guardian

LAKHIMPUR KHERI VIOLENCE: SUPREME COURT ALLOWS ASHISH MISHRA TO TRAVEL TO DELHI

The Supreme Court on Tuesday granted Ashish Mishra permission to visit Delhi to attend to his ailing mother, with the condition that he does not interact with the media regarding the ongoing Lakhimpur Kheri violence case.

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1 min  |
September 27, 2023
Lankan Prez to meet IMF officials for economic reform plan
The Business Guardian

Lankan Prez to meet IMF officials for economic reform plan

Sri Lankan President Ranil Wickremesinghe will meet the officials of the International Monetary Fund on Tuesday to hold crucial talks on the hard economic reforms undertaken by the government to stabilise the fiscal system of the cash-strapped island nation.

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1 min  |
September 27, 2023
UAE provides 622 tonnes of humanitarian aid to Libya
The Business Guardian

UAE provides 622 tonnes of humanitarian aid to Libya

Sultan Mohammad Al Shamsi, Assistant Minister of Foreign Affairs for Development and International Organisation Affairs, said the UAE's air bridge to Libya is still in operation under the directives of the country's wise leadership.

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2 mins  |
September 27, 2023
EAM JAISHANKAR MEETS UN LEADERSHIP ON G20 AND UNSC REFORMS
The Business Guardian

EAM JAISHANKAR MEETS UN LEADERSHIP ON G20 AND UNSC REFORMS

It was a \"pleasure\" to meet with Guterres, and he discussed \"how India's G20 Presidency has contributed to strengthening\" the UN's SDG agenda, EAM said

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1 min  |
September 27, 2023
Mercedes to continue record sales in 2023 amid surging demand
The Business Guardian

Mercedes to continue record sales in 2023 amid surging demand

German luxury carmaker Mercedes-Benz expects 2023 to turn out to be its best year in terms of sales in India as the demand for high-end cars continues to grow post the Covid pandemic, according to a top company official.

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1 min  |
September 27, 2023
Samsung to start manufacturing laptops in India from next month
The Business Guardian

Samsung to start manufacturing laptops in India from next month

South Korea-based electronics giant Samsung plans to begin manufacturing laptops in India starting next month, according to a report by Mint published on Tuesday.

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1 min  |
September 27, 2023
Fresher's hiring in travel & hospitality sector set to surge by 15% in late 2023
The Business Guardian

Fresher's hiring in travel & hospitality sector set to surge by 15% in late 2023

With the travel and hospitality industry booming, the hiring intent in the sector is expected to grow by 15 per cent for freshers in the second half (H2) of this year, according to a report. The hiring intent for the travel and hospitality sector stands at 15 per cent for H2 (July-December), compared to 10 per cent in the first half of this year, according to learning and employability solution company TeamLeaseEdTech's 'Career Outlook Report HY2, 2023'.

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September 27, 2023
I-T notifies 'Angel Tax' rules for valuing investments in startups
The Business Guardian

I-T notifies 'Angel Tax' rules for valuing investments in startups

The Income Tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors.

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1 min  |
September 27, 2023
FIVE KEY IMPLICATIONS OF JPMORGAN'S INDIA BOND INDEX INCLUSION
The Business Guardian

FIVE KEY IMPLICATIONS OF JPMORGAN'S INDIA BOND INDEX INCLUSION

JP Morgan's announcement regarding Indian government bonds entering its GBI-EM index suite is anticipated to bring substantial foreign investment, potentially reaching $24-28 billion over ten months

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2 mins  |
September 27, 2023
NCLAT to Hhar Google's CCI penalty plea on Nov 28
The Business Guardian

NCLAT to Hhar Google's CCI penalty plea on Nov 28

The National Company Law Appellate Tribunal (NCLAT) will begin hearing Google's appeal of the CCI's decision to fine the internet giant Rs 936.44 crore for abusing its dominant position with regard to Play Store policy.

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1 min  |
September 27, 2023
Himachal CM meets Punjab CM for progress talks
The Business Guardian

Himachal CM meets Punjab CM for progress talks

Sukhwinder Singh Sukhu, the chief minister of Himachal Pradesh, met Bhagwant Mann, the chief minister of Punjab, on Tuesday in Amritsar.

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1 min  |
September 27, 2023
MHA alters FCRA rules for NGO fund disclosure
The Business Guardian

MHA alters FCRA rules for NGO fund disclosure

Regulations governing the submission of yearly returns by Non-Governmental Organizations (NGOs) registered under the Foreign Contribution Regulation Act (FCRA) have been modified by the Ministry of Home Affairs (MHA), which now requires them to include information about the moveable and immovable assets they have acquired using foreign funds.

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1 min  |
September 27, 2023
Delhi's old excise policy likely to extend
The Business Guardian

Delhi's old excise policy likely to extend

Delhi's previous excise regime, which went into effect on September 1 of last year, is likely to be prolonged. The current policy will end on September 30.

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2 mins  |
September 27, 2023
P2M payments to dominate UPI transactions by 2025
The Business Guardian

P2M payments to dominate UPI transactions by 2025

Due to the absence of transaction fees and widespread acceptance, it is projected that person-to-merchant (P2M) transactions in India will make up 75 percent of all United Payments Interface (UPI) transactions by 2025, as reported by the National Payments Corporation of India (NPCI). Currently, P2M transactions constitute 56.1 percent of total UPI transactions.

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September 27, 2023
PHARMA INDUSTRY NEEDS INNOVATION TO LEAD GLOBALLY
The Business Guardian

PHARMA INDUSTRY NEEDS INNOVATION TO LEAD GLOBALLY

The Union Health Minister, Mansukh Mandaviya, has called upon the Indian pharmaceutical industry to prioritize research and development (R&D) efforts in order to develop innovative products and enhance its global standing.

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1 min  |
September 27, 2023