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The Business Guardian

Maruti Suzuki reports 3.9 per cent decline (YoY) in car sales in August

Maruti Suzuki has reported a 3.9 per cent decline in its total vehicle sales for August 2024, as per the filing by the company with the stock exchange on Sunday.

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1 min  |
September 08, 2024
The Business Guardian

Revenue growth of auto dealers to slow down in FY25

The revenue growth of auto dealers is expected to slow to 7-9 per cent this financial year after a healthy 14 per cent last year, due to a moderation in sales volume growth and modest price hikes by car manufacturers, asserted Crisil Ratings.

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1 min  |
September 08, 2024
Honda Motorcycle and Scooter India sales rise 13 pc in August
The Business Guardian

Honda Motorcycle and Scooter India sales rise 13 pc in August

Continuing the year on a high note with double-digit growth, Honda Motorcycle and Scooter India (HMSI) on Monday announced its overall sales in August 2024.

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1 min  |
September 08, 2024
Hero MotoCorp sold 5.12 lac units of two-wheelers in Aug
The Business Guardian

Hero MotoCorp sold 5.12 lac units of two-wheelers in Aug

Hero MotoCorp, a manufacturer of motorcycles and scooters, sold 512,360 units of motorcycles and scooters in August 2024, the company informed the exchange in a filing.

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1 min  |
September 08, 2024
AUTO I CARE BOOSTS EV ECOSYSTEM WITH NEW AFTER-SALES
The Business Guardian

AUTO I CARE BOOSTS EV ECOSYSTEM WITH NEW AFTER-SALES

AUTO i CARE, a leading player in the Indian roadside assistance industry, is proud to announce the expansion of its after-sales and roadside assistance services to include electric vehicle (EV) two-wheelers from all brands and manufacturers across India.

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2 mins  |
September 08, 2024
August auto sales dip due to excess rainfall, FADA urges banks to tighten funding
The Business Guardian

August auto sales dip due to excess rainfall, FADA urges banks to tighten funding

Auto retail sales in India experienced a significant decline in August 2024, primarily due to excessive rainfall during this monsoon season, according to a report by the Federation of Automobile Dealers Associations (FADA).

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1 min  |
September 08, 2024
TRUCK RENTALS UP FOR 2ND MONTH IN A ROW IN AUGUST
The Business Guardian

TRUCK RENTALS UP FOR 2ND MONTH IN A ROW IN AUGUST

Truck rentals continued their upward trend in August 2024, marking the second consecutive month of growth, as per the latest Shriram Mobility Bulletin.

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2 mins  |
September 08, 2024
The Business Guardian

S&P TO ADJUST BIG TECH WEIGHTAGE IN UNITED STATES MARKET

In the era of Big Tech, the US stock market has become extremely top heavy in proportion to its market capitalisation.

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2 mins  |
September 08, 2024
TAMIL NADU CM EXPLORES INVESTMENT OPPORTUNITIES IN AI WITH BNY MELLON
The Business Guardian

TAMIL NADU CM EXPLORES INVESTMENT OPPORTUNITIES IN AI WITH BNY MELLON

Tamil Nadu Chief Minister MK Stalin on Saturday stated that he held a fruitful discussion with the officials of ‘BNY Mellon’ regarding the potential investment opportunities in AI (Artificial Intelligence).

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1 min  |
September 08, 2024
Gen AI to unlock a ‘mammoth incremental opportunity' for IT sector
The Business Guardian

Gen AI to unlock a ‘mammoth incremental opportunity' for IT sector

The generative AI provides more opportunity to the Indian IT sector contrary to the believe of being a threat, highlighted a report by Nuvama Wealth Management.

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1 min  |
September 08, 2024
India overtakes China in MSCI emerging markets IMI weightage
The Business Guardian

India overtakes China in MSCI emerging markets IMI weightage

India has overtaken China in terms of its weightage in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI) say official sources citing Morgan Stanley data for September 2024.

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1 min  |
September 08, 2024
Companies with good fundamentals will be appreciated: SBI report
The Business Guardian

Companies with good fundamentals will be appreciated: SBI report

Amid the heightened volatility in the Indian stock markets, a report by SBI funds management highlighted that the focus of markets will move towards the companies with good fundamentals and strong business models.

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1 min  |
September 08, 2024
India's exports to Kuwait surged by 34.8 per cent Y-o-Y to $2.1 bln
The Business Guardian

India's exports to Kuwait surged by 34.8 per cent Y-o-Y to $2.1 bln

India’s trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an impressive USDS 2.10 billion in the fiscal year 2023-24, as per the official data by Ministry of Commerce and Industry.

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1 min  |
September 08, 2024
FPIS INJECT RS 1.3 BLN INTO INDIAN EQUITIES
The Business Guardian

FPIS INJECT RS 1.3 BLN INTO INDIAN EQUITIES

Indian stock markets opened September on a strong note, supported by robust investments from foreign investors during the first week of the month.

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1 min  |
September 08, 2024
The Business Guardian

Haryana assembly elections: Key meeting of Congress CEC underway in Delhi

A crucial meeting of the Central Election Committee (CEC) of the Congress party in the run-up to the Haryana Assembly elections commenced at AICC headquarters in Delhi on Friday.

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1 min  |
September 07, 2024
Riots conspiracy accused, Meeran Haider withdraws bail plea from Delhi HC
The Business Guardian

Riots conspiracy accused, Meeran Haider withdraws bail plea from Delhi HC

Delhi riots larger conspiracy case accused under Unlawful Activities (Prevention) Act, Meeran Haider on Friday withdrew his bail appeal from Delhi High Court in order to approach the trial court.

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2 mins  |
September 07, 2024
The Business Guardian

Supreme Court To Consider On October 3: Can Alimony Be Granted When Marriage Is Declared Void Under Hindu Marriage Act?

The Supreme Court in the case Sukhdev Singhv.Sukhbir Kaur observed and has posted the issue of whether alimony can be granted under the Hindu Marriage Act, 1955, HMA when a marriage has been declared void for hearing on October 3, 2024.

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2 mins  |
September 07, 2024
SUPREME COURT: PLEA MOVED TO ALLOW PUBLIC INSPECTION OF GENERAL POWER OF ATTORNEYS IN PROPERTY TRANSACTIONS
The Business Guardian

SUPREME COURT: PLEA MOVED TO ALLOW PUBLIC INSPECTION OF GENERAL POWER OF ATTORNEYS IN PROPERTY TRANSACTIONS

The Supreme Court in the case Abishek Nath Sarvaria vs Union Of India observed wherein the Union Government told the court that it will explore if a legislative intervention is being required to address the issues which are raised in a petition filed seeking public inspection of General Power of Attorney, GPA issued in property transactions.

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2 mins  |
September 07, 2024
Calcutta High Court For CBI's Report On Very Nasty Comments' About Victim Written On Social Media: RG Kar Rape-Murder
The Business Guardian

Calcutta High Court For CBI's Report On Very Nasty Comments' About Victim Written On Social Media: RG Kar Rape-Murder

The Calcutta High Court in the case called the Central Bureau Investigation, CBI to submit its report with regards to certain comments which were written on social media which relates to the victim in the brutal RG Kar rape-murder case involving a trainee doctor who was raped and killed in the hospital premises.

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1 min  |
September 07, 2024
The Business Guardian

Foreign exchange reserves continue to rise hitting fresh high of $684 bn

India's foreign exchange reserves increased by $2.299 billion, reaching a fresh record high of $683.987 billion, during the week that ended on August 30, according to data released by the Reserve Bank of India on Friday. The previous record high was $681.688 billion.

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1 min  |
September 07, 2024
SC grants bail to Neeraj Singal in Rs 46,000 cr money laundering case
The Business Guardian

SC grants bail to Neeraj Singal in Rs 46,000 cr money laundering case

The Supreme Court on Friday granted bail to Bhushan Steel promoter Neeraj Singal in a Rs 46,000 crore money laundering case; however, it has taken a strong exception on economic offences as it noted that the economy was shaken due to the alleged offence.

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1 min  |
September 07, 2024
VIDEOCON SCAM: SC NOTICE TO CBI ON PLEA AGAINST HC ORDER ON KOCHHARS ARREST
The Business Guardian

VIDEOCON SCAM: SC NOTICE TO CBI ON PLEA AGAINST HC ORDER ON KOCHHARS ARREST

The Supreme Court on Friday issued notice on an appeal filed by CBI challenging a Bombay High Court order declaring the arrest of former ICICI Bank CEO-cumMD Chanda Kochhar and her husband Deepak Kochhar as \"illegal\" in the alleged Videocon loan fraud case.

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2 mins  |
September 07, 2024
Floki teams up with OG Esports for Valhalla metaverse game
The Business Guardian

Floki teams up with OG Esports for Valhalla metaverse game

In a move that promises In a move that promises esports and blockchainbased gaming, OG Esports has entered into a strategic partnership with Valhalla, a play-to-earn metaverse game that has garnered attention for its integration of blockchain technology into a rich, immersive gaming experience.

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3 mins  |
September 07, 2024
Travel stress-free with Zurich Kotak General Insurance
The Business Guardian

Travel stress-free with Zurich Kotak General Insurance

Zurich urich Kotak General Insurance, an insurer in India highlights a worry free travel experience with its comprehensive travel insurance protection.

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2 mins  |
September 07, 2024
OpenGov expands in India with New Pune office
The Business Guardian

OpenGov expands in India with New Pune office

OpenGoy, the leader in modern cloud software for U.S. cities, counties, special districts, and state agencies, has opened a large office location with capacity for all local employees in Pune to accommodate its rapid growth.

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1 min  |
September 07, 2024
UBI REPORT: FOOD INFLATION TO EASE, RISKS FROM MONSOON
The Business Guardian

UBI REPORT: FOOD INFLATION TO EASE, RISKS FROM MONSOON

Union Bank of India’s report predicts a decline in food inflation due to improved monsoon conditions, though any adverse weather events could drive prices up.

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1 min  |
September 07, 2024
Indian Navy rescues over 180 in Andhra Pradesh floods
The Business Guardian

Indian Navy rescues over 180 in Andhra Pradesh floods

India Indian Navy's relief and Lrescue operations in flood-affected areas of Andhra Pradesh continued on Friday under the aegis of Eastern Naval Command.

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2 mins  |
September 07, 2024
SC grants bail to Ex-Bhushan steel promoter Neeraj Singal in Rs46,000 cr case
The Business Guardian

SC grants bail to Ex-Bhushan steel promoter Neeraj Singal in Rs46,000 cr case

The Supreme Court on Friday granted bail to Bhushan Steel promoter Neeraj Singal in a Rs 46,000 crore money laundering case; however, it has taken a strong exception on economic offences as it noted that the economy was shaken due to the alleged offence.

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1 min  |
September 07, 2024
Maharashtra LoP Wadettiwar Questions BJP's handling of Law and order
The Business Guardian

Maharashtra LoP Wadettiwar Questions BJP's handling of Law and order

In a shocking incident at Badlapur railway station on Thursday evening, a young man opened fire on two individuals, injuring one.

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1 min  |
September 07, 2024
Goa introduces new tashkent-mopa flights with Uzbekistan airways
The Business Guardian

Goa introduces new tashkent-mopa flights with Uzbekistan airways

Uzbe zbekistan Airways has officially announced the commencement of direct flights from Tashkent to Goa, set to operate twice a week from October 27, 2024.

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1 min  |
September 07, 2024