CATEGORIES

TEJAS NETWORKS AND TELECOM EGYPT JOIN FORCES FOR DIGITAL EGYPT VISION
The Business Guardian

TEJAS NETWORKS AND TELECOM EGYPT JOIN FORCES FOR DIGITAL EGYPT VISION

Anand Athreya, CEO and Managing Director of Tejas Networks said the pact with Telecom Egyptis an \"important milestone\" for both organisations

time-read
1 min  |
March 27, 2024
ECOR hauls record 250 million tonnes of freight in FY'24
The Business Guardian

ECOR hauls record 250 million tonnes of freight in FY'24

The East Coast Railway (ECOR) zone has reached a significant milestone by achieving a freight loading of 250 million tonnes during the fiscal year 2023-24. This accomplishment underscores the railway zone's efficiency and capability in handling a substantial volume of freight despite various challenges.

time-read
1 min  |
March 27, 2024
Adani Ports acquires Gopalpur Port for Rs 3,080 cr to boost port network
The Business Guardian

Adani Ports acquires Gopalpur Port for Rs 3,080 cr to boost port network

The deal is significant as Gopalpur port is located on the east coast of India and has the capacity to handle 20 MMTPA(million metric tonnes per annum) of cargo. The Government of Odisha awarded a 30year concession to GPL in 2006, with the provision of two extensions of 10 years each.

time-read
2 mins  |
March 27, 2024
MUMBAI DETHRONES BEIJING AS ASIA'S BILLIONAIRE CAPITAL, NOW AMONG WORLD'S TOP THREE
The Business Guardian

MUMBAI DETHRONES BEIJING AS ASIA'S BILLIONAIRE CAPITAL, NOW AMONG WORLD'S TOP THREE

The Hurun Global Rich List 2024 reveals a surge in billionaire numbers worldwide, adding 167 new individuals and attributing over half of the new wealth to advancements in artificial intelligence (AI).

time-read
2 mins  |
March 27, 2024
The Business Guardian

Auto sector shifts gears to premium models as high segment 2Ws, PVs take over

The Indian automobile sector is riding high on premiumisation as trends show in two-wheelers and passenger vehicles. A study of model-wise data for twowheelers (2Ws) and PVs for FY24 (year-to-date) shows that the growth in domestic motorcycles has been driven largely by the 125cc and above segments with the 125cc segment up 15 per cent yoy, 150-250cc segment up 22per cent YoY and the 250cc plus segment up 19 per cent YoY. On the other hand, the 100cc segment continues to underperform the industry and is up about 9 per cent.

time-read
2 mins  |
March 27, 2024
The Business Guardian

Regulatory steps will make financial sector strong, but raise cost of capital

India's financial system Iregulator, the Reserve Bank of India (RBI), is demonstrating a serious commitment to improving governance and transparency at finance companies and banks, with the RBI's recent measures aimed at curtailing lenders' overexuberance, enhancing compliance culture and safeguarding customers.

time-read
2 mins  |
March 27, 2024
The Business Guardian

India's engg exports log highest growth of 15.9 % in Feb'24, Russia's share up

Indian engineering exports rose for the third straight month, with February 2024 showing the highest monthly growth of 15.9 per cent growth in fiscal 2023-24, driven by a substantial rise in shipment of iron and steel and products, aluminium and its products, electrical machinery and industrial machinery. Indian engineering goods exports to Russia nearly doubled to USD1.22 billion in the current financial year 2023-24 (up to February) from USD 616.68 million in the previous financial year while shipments to the US dipped 7 per cent year-on-year during this period, the Engineering Exports Promotion Council said on Tuesday.

time-read
2 mins  |
March 27, 2024
The Business Guardian

INDIA TO GROW AT 6.8 % IN FY25, FLAGS IMPACT OF TIGHT INTEREST RATES ON DEMAND

After a better-than-expected 7.6 per cent growth in fiscal year 2023-2024 estimated by the National Statistical Office, S&P Global Ratings expects Indian economy to grow at 6.8 per cent in fiscal year 2024-2025, which is an upward revision by 40 basis points of India's GDP.

time-read
2 mins  |
March 27, 2024
Mumbai Region's housing boom defies rising property prices: ANAROCK
The Business Guardian

Mumbai Region's housing boom defies rising property prices: ANAROCK

A new research by ANAROCK property consultants has shown that the residential real estate market in Mumbai Metropolitan Region (MMR) has witnessed a surge in home buying activity in recent times. This trend is seen despite the relentless rise in property prices in the region.

time-read
1 min  |
March 25, 2024
The Business Guardian

JARANGE ASKS MARATHA COMMUNITY TO SELECT CANDIDATES FOR LS POLLS BEFORE MAR 30

Quota activist Manoj Jarange on Sunday appealed to the Maratha community to choose candidates for contesting the upcoming Lok Sabha polls as independents before March 30.

time-read
1 min  |
March 25, 2024
Prakash Ambedkar calling off alliance with Shiv Sena (UBT) unfortunate: Sanjay Raut
The Business Guardian

Prakash Ambedkar calling off alliance with Shiv Sena (UBT) unfortunate: Sanjay Raut

A day after Vanchit Bahujan Aghadi chief Prakash Ambedkar said the alliance with Shiv Sena (UBT) doesn't exist any longer, Sanjay Raut of the Uddhav Thackeray-led party termed it as a \"one-sided\" and unfortunate decision.

time-read
1 min  |
March 25, 2024
'BJP HAS PLANNED TO DESTROY DEMOCRATIC SYSTEM,' ALLEGES CONGRESS' NANA PATOLE
The Business Guardian

'BJP HAS PLANNED TO DESTROY DEMOCRATIC SYSTEM,' ALLEGES CONGRESS' NANA PATOLE

Maharashtra Congress President Nana Patole on Sunday alleged that the BJP has planned to destroy the democratic system while appealing to the public to donate to the Congress to \"save\" democracy and the Constitution.

time-read
1 min  |
March 25, 2024
'NOT POSSIBLE FOR ANYONE TO CHANGE CONSTITUTION' BAWANKULE DENIES OPPOSITION 'FALSEHOODS'
The Business Guardian

'NOT POSSIBLE FOR ANYONE TO CHANGE CONSTITUTION' BAWANKULE DENIES OPPOSITION 'FALSEHOODS'

A mid Opposition claims that the BJP is seeking a two-thirds majority in Lok Sabha polls to alter the Constitution, the BJP's Maharashtra president Chandrashekhar Bawankule said that it is not possible for anyone to change the country's salient rule book.

time-read
1 min  |
March 25, 2024
The Business Guardian

Punjab and High Court Says Lawlessness Needs To Be Curbed With Iron Hand, Seeks DGPs Response; CourtAppointed Warrant Officer Assaulted By Public Police

High Court in the case Dharmender Singh v. State observed and seek response of Punjab's DGP on allegations of assaulting a warrant officer by police officials.

time-read
3 mins  |
March 25, 2024
The Business Guardian

Delhi Judicial Service Main Examination 2023 Shall Be Conducted On April 13, 14

The Delhi High Court in the case Shambhavi Sharma v. Hon'ble High Court Of Delhi (Through its Registrar General) observed and has ordered that the Delhi Judicial Service Mains Examination, Written 2023 shall be held on April 13-14.

time-read
1 min  |
March 25, 2024
The Business Guardian

Dethi High Court: Examination System Does Not Permit Students To Be Penalized for Poor Handwriting

The Delhi High Court in the case Madhav Chaudhary v. University Of Delhi And Anr. observed that the examination system does not permit students to be penalised for having poor handwriting.

time-read
2 mins  |
March 25, 2024
The Business Guardian

Delhi High Court: Citizenship Act Prevails Over Passport Manual

The Delhi High Court in the case Akshar Reddy Vanga And Anr. Represented By Subba Reddy Vanga v. Union of India And Ors. stated that the Citizenship Act, 1955, which prevails over the Passport Manual of 2020.

time-read
2 mins  |
March 25, 2024
The Business Guardian

Delhi High Court: Citizenship Act Prevails Over Passport Manual

The Delhi High Court in the case Akshar Reddy Vanga And Anr. Represented By Subba Reddy Vanga v. Union of India And Ors. stated that the Citizenship Act, 1955, which prevails over the Passport Manual of 2020.

time-read
2 mins  |
March 25, 2024
The Business Guardian

DELHI HIGH COURT: ABHISAR BUILD WELL JUDGEMENT CANNOT BE CONSTRUCTED TO BE AN AUTHORITY TO OVERRIDE MANDATE OF SECTION 245-1

The Delhi High Court in the case Orchid Infrastructure Developers Pvt. Ltd. Versus PCIT observed and has held that the judgement Judgement passed by the Supreme Court of Abhisar Buildwell cannot be construed to be an authority to override the mandate of Section 245-1 of the Income Tax Act.

time-read
2 mins  |
March 25, 2024
Pakistan to Seriously’ consider restoring trade ties with India: Foreign Minister Dar
The Business Guardian

Pakistan to Seriously’ consider restoring trade ties with India: Foreign Minister Dar

Pakistan will “seriously” consider restoring trade ties with India that remained suspended since August 2019, Foreign Minister Muhammad Ishaq Dar has said, indicating a potential shift in diplomatic stance towards the neighbouring nation.

time-read
1 min  |
March 25, 2024
lOTA FOUNDATION UNVEILS 10 MM INVESTMENT FUND AT INVESTOPIA 2024
The Business Guardian

lOTA FOUNDATION UNVEILS 10 MM INVESTMENT FUND AT INVESTOPIA 2024

Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, attended the unveiling of a new investment fund valued at USD 10 million by the IOTA Ecosystem DLT Foundation during Investopia 2024.

time-read
2 mins  |
March 25, 2024
IMF Managing director Advocates Promarket reforms for faster Chinese growth
The Business Guardian

IMF Managing director Advocates Promarket reforms for faster Chinese growth

China may expand far faster than the current quo with a comprehensive package of pro-market reforms, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva’s statement on Sunday.

time-read
1 min  |
March 25, 2024
UK AND OMAN TRADE DEALS ON COMMERCE MINISTRY'S 100-DAY AGENDA
The Business Guardian

UK AND OMAN TRADE DEALS ON COMMERCE MINISTRY'S 100-DAY AGENDA

India eyes UK, Oman trade agreements in new government’s 100-day agenda. At the forefront of the commerce ministry’s agenda is a concerted

time-read
3 mins  |
March 25, 2024
The Business Guardian

Amazon Pay expanding smart stores service to 150 brands

Amazon Pay will collaborate with top 20 brands this year as part of a plan to enhance its Smart Stores service and take its total brand partnership to 150, a senior executive of the firm said.

time-read
2 mins  |
March 25, 2024
Neuralink implant enables 'Thinking' Posts on X, Elon Musk's brain chip success
The Business Guardian

Neuralink implant enables 'Thinking' Posts on X, Elon Musk's brain chip success

An X user, who was part of Elon Musk’s brain chip start-up Neuralink’s human trials has said that he posted on the social media site by “thinking”.

time-read
1 min  |
March 25, 2024
CEO Emad mostaque steps down from startup stability AI
The Business Guardian

CEO Emad mostaque steps down from startup stability AI

Stability AI Chief Executive Officer Emad Mostaque has resigned from the British artificial intelligence startup — a move that follows quarrels with investors and waves of senior staff departures.

time-read
2 mins  |
March 25, 2024
PAYTM DENIES LAYOFF RUMORS AMID PRAVEEN SHARMA, SVP RESIGNATION
The Business Guardian

PAYTM DENIES LAYOFF RUMORS AMID PRAVEEN SHARMA, SVP RESIGNATION

In an exchange filing on Saturday, One97 Communications Ltd (OCL), which owns and operates the Paytm brand, has formally announced that Praveen

time-read
1 min  |
March 25, 2024
Auto Industry ramps up new EV models in coming yrs on govt push
The Business Guardian

Auto Industry ramps up new EV models in coming yrs on govt push

The Indian auto industry is gearing up to roll out an array of electric vehicle models over the next few years amid a renewed push by the government to encourage environment-friendly mobility solutions with the unveiling of a new policy.

time-read
2 mins  |
March 25, 2024
Mumbai's housing boom amid rising property prices: Report
The Business Guardian

Mumbai's housing boom amid rising property prices: Report

New research by AnaROCK property consultants has shown that the residential real estate market in the Mumbai Metropolitan Region (MMR) has witnessed a surge in home buying activity in recent times.

time-read
2 mins  |
March 25, 2024
India targets 30 per cent electric vehicle sales by 2030: Care Edge Ratings
The Business Guardian

India targets 30 per cent electric vehicle sales by 2030: Care Edge Ratings

An analysis by Care Edge Ratings shows that the demand for vehicles powered by traditional fuels is progressively shifting towards those that use alternative fuels.

time-read
1 min  |
March 25, 2024