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SUPREME COURT DISMISSED PIL SEEKING MANDATARY PRE-LITIGATION MEDIATION
The Business Guardian

SUPREME COURT DISMISSED PIL SEEKING MANDATARY PRE-LITIGATION MEDIATION

The Supreme Court in the case Youth Bar Association of India V. Union of India observed and has dismissed the Public Interest Litigation, PIL moved wherein seeking for directions for mandatory pre-litigation mediation in certain matters such commercial cases, partition suits, probation petitions.

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1 min  |
August 18, 2023
DELHI HIGH COURT ORDERED CRIMINAL CONTEMPT ACTION AGAINST MAN FOR MAKING 'SCANDALOUS REMARKS' AGAINST FAMILY COURT JUDGE IN PLEADING
The Business Guardian

DELHI HIGH COURT ORDERED CRIMINAL CONTEMPT ACTION AGAINST MAN FOR MAKING 'SCANDALOUS REMARKS' AGAINST FAMILY COURT JUDGE IN PLEADING

The Delhi High Court in the case Narender Bhutani v. Anjali Bhutani observed and has directed its Registry to register the case of criminal contempt which being against a man for making scandalous allegations against the Principal Judge of a family court in the national capital

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2 mins  |
August 18, 2023
India brings 'Mission LIFE' to UN through special exhibition
The Business Guardian

India brings 'Mission LIFE' to UN through special exhibition

India is currently hosting a special exhibition at the United Nations headquarters in New York, centered around the ‘Mission LiFE’ (Lifestyle for Environment) initiative. This collaborative effort was launched by Prime Minister Narendra Modi and UN Chief Antonio Guterres, with the aim of promoting sustainable living practices.

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2 mins  |
August 18, 2023
'AIME testimony to strong India-ASEAN linkages'
The Business Guardian

'AIME testimony to strong India-ASEAN linkages'

The recently-held maiden ASEAN–India Maritime Exercise (AIME) is a testimony to the deep and historic cultural linkages between India and the ASEAN countries, India’s High Commissioner to Singapore Shilpak Ambule has said.

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2 mins  |
August 18, 2023
China's troubled $137 bn shadow bank plans debt restructuring
The Business Guardian

China's troubled $137 bn shadow bank plans debt restructuring

Amid concerns of potential financial contagion, Zhongzhi Enterprise Group Co., a significant player in China’s shadow banking sector, is taking steps to address its liquidity crisis. Reports reveal that the company has enlisted KPMG LLP to conduct a thorough audit of its balance sheet, a decision made in late July.

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2 mins  |
August 18, 2023
'US LAWMAKERS FOSTER STRONGER US-INDIA BILATERAL TIES'
The Business Guardian

'US LAWMAKERS FOSTER STRONGER US-INDIA BILATERAL TIES'

The US Congressional US-India relationship: delegation restates a crucial aspect of the the robust bipartisan consensus that underpins it

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3 mins  |
August 18, 2023
Hospital revenue increase by 8-10% on rise in lifestyle disease
The Business Guardian

Hospital revenue increase by 8-10% on rise in lifestyle disease

ICRA stated that it expects the hospital sector’s revenues to increase by 8–10% in FY24 as a result of a rise in lifestyle diseases, greater awareness, and increasing use of health insurance. Operating leverage and cost-cutting measures are expected to keep operating margins at or near their current level of roughly 22%.

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1 min  |
August 18, 2023
HBL Power hits new high on positive outlook & increases 155%
The Business Guardian

HBL Power hits new high on positive outlook & increases 155%

HBL Power Systems (HBL) shares rose 7% on the BSE in intraday trade on Thursday in an otherwise quiet market on positive outlook, setting a record high of Rs 263.55.

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1 min  |
August 18, 2023
MakeMyTrip CTO, tech investment thrives amid travel upswing
The Business Guardian

MakeMyTrip CTO, tech investment thrives amid travel upswing

Travel is back with a vengeance, and online travel agency MakeMyTrip has expanded outside the conventional business-to-consumer segment to line up new offers and new partners, according to Sanjay Mohan, group CTO.

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1 min  |
August 18, 2023
Bata India & Adidas are likely to collaborate
The Business Guardian

Bata India & Adidas are likely to collaborate

The shoe company Adidas and the footwear manufacturer Bata India are in talks about a strategic alliance for the Indian market.

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1 min  |
August 18, 2023
CEO OF PAYTM, RECEIVES A 10.3 PC SHARE FROM ANTFIN
The Business Guardian

CEO OF PAYTM, RECEIVES A 10.3 PC SHARE FROM ANTFIN

Antfin, a significant Alibaba Group company based in China, has transferred its 10.3 percent ownership

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1 min  |
August 18, 2023
Haryana youths to get skill training from OYO
The Business Guardian

Haryana youths to get skill training from OYO

Hospitality tech platform OYO said it will facilitate on-the-job training across its vacation home business in countries such as Denmark to selected youth from Haryana in conjunction with Vishwakarma Skills University. OYO signed a memorandum of agreement (MoU) with Vishwakarma Skill University, Haryana Kaushal Rozgar Nigam Limited (HKRNL) and the Foreign Cooperation Department of Haryana government, the company stated.

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1 min  |
August 18, 2023
The Business Guardian

Research needs to conduct on diseases, affect fisheries industry

The ICAR-Central InstiFreshwater Aquaculture (CIFA) should carry out need-based research for the benefit of aqua farmers and focus on diseases that cause huge loss to the industry every year, Fisheries Secretary Abhilaksh Likhi said.

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1 min  |
August 18, 2023
1ST drone comm. testing centre to set in Tamil Nadu
The Business Guardian

1ST drone comm. testing centre to set in Tamil Nadu

TIDCO is the nodal agency for the implementation of the Tamil Nadu Defence Industrial Corridor. Tamil Nadu is set to host India’s first drone common testing centre under the Defence Testing Infrastructure (DTI) scheme.

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1 min  |
August 18, 2023
S&P sees Indian economy growing by 6.7% till 2031
The Business Guardian

S&P sees Indian economy growing by 6.7% till 2031

In a recent projection, S&P Global has forecasted an average annual growth rate of 6.7% for the Indian economy until March 2031.

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1 min  |
August 18, 2023
India Achieves 2 Bn Domestic Mobile Shipments via 'Make in India
The Business Guardian

India Achieves 2 Bn Domestic Mobile Shipments via 'Make in India

The ‘Make in India’ initiative of the Central government has propelled India’s cumulative shipments of domestically manufactured mobile phones past the significant milestone of 2 billion units during the period of 2014-2022, according to a report by global research firm Counterpoint. The report highlighted India’s impressive compound annual growth rate (CAGR) of 23 percent in mobile phone shipments, attributing this growth to increased demand within the country, rising digital literacy, and strategic governmental support.

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2 mins  |
August 18, 2023
POOR FAMILIES TO GET FREE ONAM KITS FOR CELEBRATION
The Business Guardian

POOR FAMILIES TO GET FREE ONAM KITS FOR CELEBRATION

Kerala cabinet has decided to distribute free Onam kits containing essential items to Antyodaya Anna Yojana

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2 mins  |
August 18, 2023
GQG, OTHER INVESTORS INVEST $1.1 BILLION IN ADANI POWER
The Business Guardian

GQG, OTHER INVESTORS INVEST $1.1 BILLION IN ADANI POWER

The investment firm’s strategic involvement has been interpreted as an endorsement of the Adani Group’s business acumen and governance standards

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2 mins  |
August 18, 2023
Digital India 2.0 Launched With Focus On Skills, Jobs
The Business Guardian

Digital India 2.0 Launched With Focus On Skills, Jobs

The government aims to stimulate economic growth and inclusivity by bolstering technological capacities and providing support to traditional artisans

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2 mins  |
August 17, 2023
Govt to provide Agri-Drones to women SHGS: PM Modi
The Business Guardian

Govt to provide Agri-Drones to women SHGS: PM Modi

Addressing the nation on the 77th Independence Day, Prime Minister Narendra Modi announced an upcoming scheme to help self-help groups led by women.

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1 min  |
August 16, 2023
Prez Murmu approves 76 Gallantry awards
The Business Guardian

Prez Murmu approves 76 Gallantry awards

President Droupadi Murmu has approved 76 gallantry awards to Armed Forces and Central Armed Police Forces personnel on the occasion of 77th Independence Day, an official release said.

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1 min  |
August 16, 2023
Manipur plans 3k prefab houses for displaced families
The Business Guardian

Manipur plans 3k prefab houses for displaced families

The Manipur government is racing against time to complete the first batch of prefabricated houses to shelter 3,000 families displaced by the ethnic violence so that they can shift from relief camps.

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1 min  |
August 16, 2023
PM ANNOUNCES 'VISHWAKARMA YOJANA' SCHEME
The Business Guardian

PM ANNOUNCES 'VISHWAKARMA YOJANA' SCHEME

The scheme, mainly benefiting people belonging to the OBC category, will be launched on 17 Sep

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1 min  |
August 16, 2023
Supreme Court: Cannot Pass One Size Fits All Direction For Page Limit On Petition
The Business Guardian

Supreme Court: Cannot Pass One Size Fits All Direction For Page Limit On Petition

The Supreme Court in the case Amrish Rajnikant Kilachand V. Secretary-General observed and has disposed of the Public Interest Litigation, PIL moved wherein seeking to limit the pages in petitions filed in Court.

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1 min  |
August 16, 2023
PRIME MINISTER THANKS SUPREME COURT FOR MAKING JUDGEMENTS AVAILABLE IN REGIONAL LANGUAGES; IN INDEPENDENCE DAY SPEECH
The Business Guardian

PRIME MINISTER THANKS SUPREME COURT FOR MAKING JUDGEMENTS AVAILABLE IN REGIONAL LANGUAGES; IN INDEPENDENCE DAY SPEECH

In the Independence Day Speech, the Prime Minister Narendra Modi thanked the Supreme Court for ensuring that the judgments are translated into regional languages.

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1 min  |
August 16, 2023
SUPREME COURT: PLEA TO BE HEARD AGAINST DEMOLITION NEAR SRI KRISHNA JANMABHOOMI
The Business Guardian

SUPREME COURT: PLEA TO BE HEARD AGAINST DEMOLITION NEAR SRI KRISHNA JANMABHOOMI

The Supreme Court in the case observed wherein the plea is moved challenging the the demolition drive by railway authorities aimed at clearing encroachments in the backyard of Sri Krishna Janam Bhoomi in Mathura.

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1 min  |
August 16, 2023
SC Transferred To Itself plea Pending In Allahabad High Court Seeking SC/ ST/OBC Reservation Inn Aligarh Muslim University
The Business Guardian

SC Transferred To Itself plea Pending In Allahabad High Court Seeking SC/ ST/OBC Reservation Inn Aligarh Muslim University

The Supreme Court in the case Union of India v. Aligarh Muslim University and Ors observed and has transferred to itself the petition titled Anoop Prabhakar v. Union of India, 2014 which is pending in the Allahabad High Court wherein seeking to implement Central Educational Institutions, the Reservation in Admission Act, 2006 in the Aligarh Muslim University.

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1 min  |
August 16, 2023
ALLAHABAD HIGH COURT: NOTICE WITHOUT DIN NOT INVALID, IF ASSESSEE RESPONDS TO MANUAL NOTICES S. 148 INCOME TAX ACT
The Business Guardian

ALLAHABAD HIGH COURT: NOTICE WITHOUT DIN NOT INVALID, IF ASSESSEE RESPONDS TO MANUAL NOTICES S. 148 INCOME TAX ACT

The Allahabad High Court in the case Chandra Bhan v. Union Of India And Another observed and has held that mere non-issuance of notices with DIN will not render them invalid if the petitioner has otherwise participated in the proceedings are based on manual notices.

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1 min  |
August 16, 2023
Climate change is Singapore's biggest challenge: Shanmugaratnam
The Business Guardian

Climate change is Singapore's biggest challenge: Shanmugaratnam

Climate change is the biggest long-term crisis that Singapore faces and adapting to it will require infrastructural investments, the country’s Indian-origin presidential hopeful Tharman Shanmugaratnam has said.

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3 mins  |
August 16, 2023
US-INDIA RELATIONSHIP STRONGER THAN EVER, SAYS SECRETARY BLINKEN
The Business Guardian

US-INDIA RELATIONSHIP STRONGER THAN EVER, SAYS SECRETARY BLINKEN

US Secretary of State Antony Blinken has greeted India for 76 years of independence and said that the two countries now share a deeper and more expansive relationship than ever.

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2 mins  |
August 16, 2023