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The Business Guardian

DELHI HIGH COURT REGISTERS SUO MOTO CASE: TRIAL COURT DISCHARGES TWO MEN ACCUSED OF SORTING CHILD PORNOGRAPHIC MATERIAL

The Delhi High Court in the case Tulir Charitable Trust v.

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2 mins  |
May 13, 2024
DELHI HIGH COURT: ISSUE OF LIMITATION IN SECTION 11 PETITION SHOULD BE DEFERRED TO ARBITRAL TRIBUNAL, COURT MAY ADDRESS ONLY IN SPECIFIC CIRCUMSTANCES | ARBITRATION ACT
The Business Guardian

DELHI HIGH COURT: ISSUE OF LIMITATION IN SECTION 11 PETITION SHOULD BE DEFERRED TO ARBITRAL TRIBUNAL, COURT MAY ADDRESS ONLY IN SPECIFIC CIRCUMSTANCES | ARBITRATION ACT

The Delhi High. Court in the case M/S Kimaya Buildtech Llp Vs K. C. Software Pvt. Ltd & Ors. observed and has held that the court may address the issue of limitation during a petition under Section 11 of the Arbitration and Conciliation Act, 1996, but only under specific circumstances.

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2 mins  |
May 13, 2024
Japan's Teleworking shrinks, Hybrid work surges: Govt. survey
The Business Guardian

Japan's Teleworking shrinks, Hybrid work surges: Govt. survey

With With the gradual decline of the COVID-19 pandemic, Japan is observing a significant change in work dynamics, as more people adopt a \"hybrid work\" approach, blending remote and inoffice work.

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2 mins  |
May 13, 2024
ISRAEL SECURES EMERGENCY WHEAT SUPPLY: SIGNS PACT WITH ROMANIA
The Business Guardian

ISRAEL SECURES EMERGENCY WHEAT SUPPLY: SIGNS PACT WITH ROMANIA

In a bid to fortify Israeli food security, Minister of Agriculture, Avi Dichter, signed a memorandum of understanding with Romanian officials

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1 min  |
May 13, 2024
HDFC LAGS AS THE MCAP OF 6 OF THE TOP 10 MOST VALUABLE COMPANIES DROPS BY RS 1.73 TRN
The Business Guardian

HDFC LAGS AS THE MCAP OF 6 OF THE TOP 10 MOST VALUABLE COMPANIES DROPS BY RS 1.73 TRN

The combined market valuation of six of the top-10 most valued firms eroded by Rs 1,73,097.59 crore last week

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1 min  |
May 13, 2024
SAIL-Bhilai to establish Chhattisgarh’s first 15-MW floating solar plant
The Business Guardian

SAIL-Bhilai to establish Chhattisgarh’s first 15-MW floating solar plant

The Bhilai Steel Plant (BSP), a Chhattisgarhbased unit of the state-owned Steel Authority of India Limited SAIL), is set to inaugurate the state’s inaugural 15-megawatt MW) floating solar project at its Maroda-1 reservoir to enhance its environmental sustainability.

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1 min  |
May 13, 2024
Retail growth in India fueled by Tier 2 cities as key drivers
The Business Guardian

Retail growth in India fueled by Tier 2 cities as key drivers

Ke Frank India, a property consultancy firm, reveals that India’s Tier 2 cities, notably Lucknow, are asserting themselves as pivotal players in the nation’s retail landscape, claiming an impressive 18.4% share of gross leasable area.

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1 min  |
May 13, 2024
KEJRIWAL UNVEILS GUARANTEE’ FOR LS POLLS: AAP’S PLEDGE FOR CHANGE
The Business Guardian

KEJRIWAL UNVEILS GUARANTEE’ FOR LS POLLS: AAP’S PLEDGE FOR CHANGE

On KejriwalkiGuarantee”, hesaid24X7 power supply, good education and health facilities, and arranging two crore jobs for youths every year are part of it

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1 min  |
May 13, 2024
State-owned retailers IOC, BPCL, HPCL record Rs 81,000 er profit in FY24
The Business Guardian

State-owned retailers IOC, BPCL, HPCL record Rs 81,000 er profit in FY24

State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd collectively recorded robust profits amounting to approximately Rs 81,000 crore in FY24.

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1 min  |
May 13, 2024
March records 449 Infra projects with Rs 5.01 trillion cost overrun: MoSPI
The Business Guardian

March records 449 Infra projects with Rs 5.01 trillion cost overrun: MoSPI

An official report revealed that in March 2024, a total of 449 infrastructure projects, each requiring an investment of Rs 150 crore or more, experienced a cost overrun exceeding Rs 5.01 trillion.

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1 min  |
May 13, 2024
MODI GOVT AIMS TO REVIVE 14 CLOSED SUGAR MILLS: BIHAR DEPUTY CM
The Business Guardian

MODI GOVT AIMS TO REVIVE 14 CLOSED SUGAR MILLS: BIHAR DEPUTY CM

Bihar Deputy Chief Minister Samrat Choudhary on Sunday said that the Modi government was working to restart 14 sugar mills that were closed in the past

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2 mins  |
May 13, 2024
The Business Guardian

GreenCell Mobility gets green financing for UP e-bus project

GreenCell Mobility, a pioneer in electric mass mobility sector, has secured green financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its transformative electric bus project in Uttar Pradesh.

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1 min  |
May 12, 2024
TVS Motor records highest sales in FY2024
The Business Guardian

TVS Motor records highest sales in FY2024

Chennai based TVS Motor Company’s revenue from operations in the fourth quarter (Q4) ended March 2024, grew by 24 per cent at Rs 8,169 crore against Rs 6,605 crore in the quarter ended March 2023.

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2 mins  |
May 12, 2024
The Business Guardian

Yamaha unveils vibrant colours in FZ-S Fi version 4.0 DLX

India Yamaha Motor (IYM) has introduced exciting new colour shades in its popular streetfighter model, FZS-S Fi Version 4.0 DLX for the young riders of today.

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1 min  |
May 12, 2024
HONDA INAUGURATES GREEN R&D FACILITY IN BENGALURU
The Business Guardian

HONDA INAUGURATES GREEN R&D FACILITY IN BENGALURU

Honda Research and Development, a subsidiary of Honda Motor Co and functioning as Honda’s research and development arm for motorcycles and power products in India, has opened its new solution R&D centre in Bengaluru, Karnataka.

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1 min  |
May 12, 2024
BMW Motorrad tie-up with KUN Motorrad in Coimbatore
The Business Guardian

BMW Motorrad tie-up with KUN Motorrad in Coimbatore

KUN Motorrad has been appointed as the BMW Motorrad dealer partner in Coimbatore. The dealership is located at No. 1247 & 1248 Mettupalayam Main Road Coimbatore and is headed by U Venkatesh, Dealer Principal, KUN Motorrad.

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1 min  |
May 12, 2024
UNCERTAINTY OVER ELECTION RESULTS WILL KEEP MARKET VOLATILE: EXPERTS
The Business Guardian

UNCERTAINTY OVER ELECTION RESULTS WILL KEEP MARKET VOLATILE: EXPERTS

The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, while the mid-cap index saw a decline of 3.9 percent. The Indian market has been consistently under pressure from selling by investors, leading to significant volatility in the past week.

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1 min  |
May 12, 2024
The Business Guardian

Delhi Court denies to extend interim bail of Supertech chairman

Delhi’s Patiala House Court has rejected the plea filed by Supertech chairman and promoter RK Arora, who sought a further 90-day extension of interim bail on medical grounds. Arora was apprehended in June last year in connection with a money laundering case.

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2 mins  |
May 12, 2024
The Business Guardian

UAPA CASE: ALLEGED IM CO-FOUNDER GRANTED BAIL

The Delhi High Court has granted bail to Abdul Subhan Qureshi, co-founder of the banned terror organization Indian Mujahideen (IM), in a terror case.

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2 mins  |
May 12, 2024
The Business Guardian

ATTEMPT TO MURDER: INDORE COURT ISSUES ARREST WARRANT AGAINST AKSHAY BAM

A sessions court in Indore (Madhya Pradesh) has issued an arrest warrant against local businessman Akshay Bam and his father in connection with a 17-yearold attempted murder case. Bam recently made headlines for withdrawing his nomination from the Indore Lok Sabha seat as a Congress candidate and subsequently joining the Bharatiya Janata Party (BJP).

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1 min  |
May 12, 2024
LS POLL SLOWS DOWN CV VOLUME GROWTH
The Business Guardian

LS POLL SLOWS DOWN CV VOLUME GROWTH

India’s general elections are slowing down the commercial vehicles Iare slowing down the commercial vehicles (CV) industry with volumes for the domestic CV industry remaining muted as the base effect catches up and amidst a perceived pause in the infrastructural activities as the model code of conduct kicked in ahead of the polls.

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3 mins  |
May 12, 2024
DEMAND FROM OEMS IN PV, 2W TO PUSH UP TYRE VOLUMES BY 4-6%
The Business Guardian

DEMAND FROM OEMS IN PV, 2W TO PUSH UP TYRE VOLUMES BY 4-6%

India’s domestic tyre volume growth is expected to moderate to 4-6 per cent in FY2025 from an estimated 6-8 per cent in FY2024 on the back of elevated base and subdued growth in the commercial vehicle (CV) segment.

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2 mins  |
May 12, 2024
The Business Guardian

TaMo Group to power up FY2025 on luxury segment demand

With record revenues on a consolidated basis, both for the fourth quarter ended 31 March Q4 and financial year 202324 that saw the Tata Motors Group deliver its highest ever revenues, profits, and free cash flows, the automobile major is confident of delivering a strong performance in FY25 even as it remains cautiously optimistic on domestic demand over the full year FY2025 and expects the first half of the fiscal to be relatively weaker.

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2 mins  |
May 12, 2024
India's forex reserves rise USD 3.7 billion
The Business Guardian

India's forex reserves rise USD 3.7 billion

Post three consecutive weeks of decline, India’s foreign exchange reserves rose again by USD 3.668 billion to USD 641.590 billion in the week that ended on May 3, RBI data showed.

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1 min  |
May 12, 2024
Monsoon holds key for RBI's future monetary policy actions
The Business Guardian

Monsoon holds key for RBI's future monetary policy actions

As parts of India witness heatwaves this summer, chances of the Reserve Bank of India (RBI) cutting key interest rates have also diminished.

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1 min  |
May 12, 2024
India's defence sector has ordering opportunities for $138 bn over 10 years
The Business Guardian

India's defence sector has ordering opportunities for $138 bn over 10 years

India’s defence sector holds a lucrative ordering opportunity of USD 138 billion over FY24-32 amid the escalating demand for defence equipment, technologies, and services, offering significant prospects for companies engaged in defence production and technology development, according to a report titled ‘India Defence’ by Nomura.

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2 mins  |
May 12, 2024
SURGE IN EXPORTS TO EU, PUSH INTO AFRICA, GCC SIGNAL INDIA'S SHIFT
The Business Guardian

SURGE IN EXPORTS TO EU, PUSH INTO AFRICA, GCC SIGNAL INDIA'S SHIFT

India’s merchandise exports seem to have weathered the headwinds quite well so far amid heightened geopolitical tensions that have rendered the global environment highly uncertain but while support continues from some of its traditional large export partners such as Europe and the Gulf Cooperation Council (GCC) – as per destination-wise trade data of the Government and industry -- shipments to the US -- India’s largest exporting destination – declined marginally in fiscal 2024 which is prompting New Delhi to scout for new partners across untapped geographies.

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4 mins  |
May 12, 2024
FOCUS NEEDED ON INTEREST SUBVENTION PLAN: FIEO CEO
The Business Guardian

FOCUS NEEDED ON INTEREST SUBVENTION PLAN: FIEO CEO

Director General & CEO, Federation of Indian Export Organisations (FIEO) Ajai Sahai shares with The Sunday Guardian his hope to see the interest subvention scheme find its place in the Government’s 100-day agenda and the relevance of the scheme amidst global disruptions here are some excerpts.

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5 mins  |
May 12, 2024
Australia fights Musk's platform over control of online content
The Business Guardian

Australia fights Musk's platform over control of online content

In a courtroom battle that underscores the complex interplay be tween global tech giants and national regulatory frameworks, Elon Musk’s X, formerly known as Twitter, finds itself at odds with Australian law over the removal of graphic content depicting a terrorist attack.

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4 mins  |
May 11, 2024
'Cong leader alleges Modi's overtures to NCP, Sena reflect uncertainty
The Business Guardian

'Cong leader alleges Modi's overtures to NCP, Sena reflect uncertainty

Maharashtra Congress president Nana Patole on Friday said Prime Minister Narendra Modi’s suggestion to opposition outfits NCP (SP) and Shiv Sena (UBT) shows he is unsure of retaining power after the Lok Sabha polls.

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1 min  |
May 11, 2024