CATEGORIES

SC SEEKS CENTRE'S STAND ON PLEA FOR TRANSFER OF PIL AGAINST NETRA, NATGRID SURVEILLANCE SYSTEMS
The Business Guardian

SC SEEKS CENTRE'S STAND ON PLEA FOR TRANSFER OF PIL AGAINST NETRA, NATGRID SURVEILLANCE SYSTEMS

Delhi HC Appoints Former Judge As Administrator Of Indian Orthopaedic Association The Delhi High Court has recently expressed anguish at the state of affairs in the Indian Orthopaedic Association and appointed its former judge Justice JR Midha as its 'Administrator'.

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October 25, 2023
Uttarakhand High Court Ordered Reserving Nainital's Lower Mall Road For Pedestrians B/w 6-8 AM Every Day Dearth Of Space For Morning Walkers
The Business Guardian

Uttarakhand High Court Ordered Reserving Nainital's Lower Mall Road For Pedestrians B/w 6-8 AM Every Day Dearth Of Space For Morning Walkers

The Uttarakhand High Court in the case Suo Moto PIL: In the matter of \"Let the Children Play\" by increasing the facilities of sports v. Principal Secretary, Department of Women Empowerment & Child Developmentandothers observed and has directed that there is a grave death of space or areas for people to go for a morning or evening walk in the state, especially in the city of Nainital.

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October 25, 2023
CALCUTTA HIGH COURT DIRECTED REFUND OF PENALTY: 9 HOURS' TIME GAP BETWEEN THE EXPIRY OF E-WAY BILL AND INTERPRETATION OF THE VEHICLE
The Business Guardian

CALCUTTA HIGH COURT DIRECTED REFUND OF PENALTY: 9 HOURS' TIME GAP BETWEEN THE EXPIRY OF E-WAY BILL AND INTERPRETATION OF THE VEHICLE

The Calcutta High Court in the case Ishaan Plastics Pvt. Ltd. & Anr. Vs The Deputy Commissioner of State Tax Bureau of Investigation (South Bengal) Durgapur Zone & Ors observed and has directed the refund of the penalty in the case where there being the 9-hour time gap between the expiry of the e-way bill and the interception of the vehicle.

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October 25, 2023
DELHI HIGH COURT SAYS REMOVING THEIR NAME FROM MEDICAL COUNCIL'S ROLL NOT THE ONLY LEVIABLE PENALTY; DOCTORS ISSUED MEDICAL CERTIFICATE WITHOUT EXAMINATION
The Business Guardian

DELHI HIGH COURT SAYS REMOVING THEIR NAME FROM MEDICAL COUNCIL'S ROLL NOT THE ONLY LEVIABLE PENALTY; DOCTORS ISSUED MEDICAL CERTIFICATE WITHOUT EXAMINATION

The Delhi High Court in the case Dr. Neena Raizada v. Medical Council of India through its SecretaryandOrs. observed wherein the challenge is brought against improper issuance of medical certificate by 2 doctors.

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October 25, 2023
Pakistan's electric supply firm recover more than $1.7M from pilferers
The Business Guardian

Pakistan's electric supply firm recover more than $1.7M from pilferers

In a concerted effort to t and hold defaulters accountable, Islamabad Electric Supply Company (Iesco) has successfully recovered a substantial sum of PKR 474.63 million, approximately equivalent to 1.7 million USD, from a total of 28,866 customers. This impressive accomplishment was recently reported by Dawn News, underscoring the pivotal role of Iesco in rectifying power-related discrepancies in Pakistan

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October 25, 2023
SRI LANKA APPROVES FREE TOURIST VISAS FOR VISITORS TO SEVEN COUNTRIES
The Business Guardian

SRI LANKA APPROVES FREE TOURIST VISAS FOR VISITORS TO SEVEN COUNTRIES

Tourists from these nations will be able to obtain visas when visiting Sri Lanka, without a fee

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October 25, 2023
Elon Musk offers $1bn to Wikipedia for name change
The Business Guardian

Elon Musk offers $1bn to Wikipedia for name change

The entrepreneur behind SpaceX and Tesla, Elon Musk, has offered Wikipedia $1 billion in exchange for changing the site's name. Elon Musk wrote on X (formerly Twitter): \"If they change their name to Dickipedia, I will give them a billion dollars.\" He said, \"In the interests of accuracy.\" He was also quick to reply to X users who suggested Wikipedia take the offer.

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October 25, 2023
The Business Guardian

Lotte to invest Rs 550 cr in Indian ice cream expansion

Sout the e Mouth Korean food giant Lotte Confectionary is growing its ice cream business in India. In order to do this, the business is thinking of spending Rs 550 crore over a five-year period to increase Havmor Ice Cream manufacturing. The report said that Lotte acquired the Ahmedabad-based Havmor Ice Cream Ltd for Rs 1,020 crore and has been trying to upgrade its facilities, systems, and staff since the acquisition. Speaking on the subject, Managing Director of Havmor Ice Cream, Komal Anand told Mint, \"We have planned investments of Rs 550 crore over the next five years.\"

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October 25, 2023
AIRLINES TO INCREASE WINTER FLIGHTS BY 8.16 PER CENT, DGCA DATA REVEALS
The Business Guardian

AIRLINES TO INCREASE WINTER FLIGHTS BY 8.16 PER CENT, DGCA DATA REVEALS

After cutting back on flights due to the departure of forty-three pilots, Akasa Air is expected to increase its flying schedule by 64.9%

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October 25, 2023
Signature Global acquires 26 acres in Gurugram
The Business Guardian

Signature Global acquires 26 acres in Gurugram

Realty firm Signature Global has announced the acquisition of 25.75 acres of land in Gurugram for the development of a group housing project. While the specific financial details and the identity of the seller remain undisclosed, this strategic move signifies the company's commitment to expanding its real estate portfolio.

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October 25, 2023
New EU envoy to focus on firmer strategic ties with India, resilient supply chains
The Business Guardian

New EU envoy to focus on firmer strategic ties with India, resilient supply chains

Boosting economic opportunities, ensuring resilient supply chains and promoting faster green and digital transition will be the key focus of the new European Union Ambassador Hervé Delphin as he assumes office amidst deepening strategic ties between the EU and India across trade, trusted-technology, security, green and clean energy technologies, sustainability and security.

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October 25, 2023
FINANCE MINISTRY STAYS FIRM ON INDIA'S STRONG FUNDAMENTALS
The Business Guardian

FINANCE MINISTRY STAYS FIRM ON INDIA'S STRONG FUNDAMENTALS

In sum, the report quotes the IMF growth projection for India which have moved upwards by 20 basis points to 6.3 per cent in October 2023 and underline that India will remain the fastest-growing major economy in the world in FY24

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October 25, 2023
Reliance close to buying Disney India in multibillion-dollar deal
The Business Guardian

Reliance close to buying Disney India in multibillion-dollar deal

Reliance Industries Ltd., led by Mukesh Ambani, one of Asia's wealthiest tycoons, is reportedly edging closer to sealing a cash and stock deal to purchase Walt Disney Co.'s operations in India. According to insiders familiar with the matter, Disney is contemplating the sale of a controlling stake in the Disney Star business, valuing it at approximately $10 billion, moving away from previous considerations of smaller, piecemeal transactions. On the other hand, Reliance values these assets at around $7 billion to $8 billion, differing from Disney's valuation.

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October 25, 2023
Solar projects to attract over $380 billion in investment
The Business Guardian

Solar projects to attract over $380 billion in investment

Global investments in Isolar energy projects are poised to surge, with expectations of attracting more than $380 billion this year, according to Dr. Ajay Mathur, Director General of the International Solar Alliance (ISA). Speaking during the Singapore International Energy Week, Dr. Mathur noted that the investment flow in this sector has been on a steady rise. Last year witnessed approximately $310 billion in investments, and during the first half of this year, over $235 billion has already been committed to solar projects. The ISA envisions this figure to exceed $380 billion by the end of the year.

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October 25, 2023
Indians lead the pack in seeking citizenship
The Business Guardian

Indians lead the pack in seeking citizenship

India has maintained its position as the leading country of origin for new immigrants to the Organisation for Economic Co-operation and Development (OECD) nations in 2021, according to the OECD's \"International Migration Outlook: 2023\" report, released on Monday. The report reveals that a total of 407,000 Indians relocated to OECD nations in 2021, marking a significant 86% increase from the 220,000 Indians who made the move in 2020.

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October 25, 2023
India likely to cut floor price for basmati rice exports to $950 MT
The Business Guardian

India likely to cut floor price for basmati rice exports to $950 MT

In response to concerns raised by farmers and exporters, the Indian government is considering a reduction in the floor price set for basmati rice exports. This move is expected to alleviate the challenges faced by those involved in the trade. Government and industry sources revealed that the minimum export price (MEP) for basmati rice may be lowered from $1,200 per metric tonne to $950 per metric tonne. The sources, who preferred to remain anonymous, noted that the decision has not yet been officially announced.

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October 25, 2023
BITCOIN HITS HIGHEST PRICE ON ETF HOPES
The Business Guardian

BITCOIN HITS HIGHEST PRICE ON ETF HOPES

Upon approval, a Bitcoin ETF is anticipated to streamline the buying and selling of Bitcoin, providing accessibility through conventional stock market channels.

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October 25, 2023
INDIAN CRICKET GREAT BISHAN SINGH BEDI DIES AT 77
The Business Guardian

INDIAN CRICKET GREAT BISHAN SINGH BEDI DIES AT 77

Former India cricket team captain Bishan Singh Bedi died at the age of 77 after a prolonged illness

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October 24, 2023
The Business Guardian

Regional leaders gain influence in candidate selection

The upcoming state assembly elections in Madhya Pradesh, Chhattisgarh, and Rajasthan have sparked considerable interest in India’s political arena. Both major political parties have unveiled their lists of candidates, marking a noteworthy change in the nation’s political landscape.

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October 24, 2023
DELHI HC EMPHASIZES THE VITAL ROLE OF OMBUDSMAN SCHEME
The Business Guardian

DELHI HC EMPHASIZES THE VITAL ROLE OF OMBUDSMAN SCHEME

Expressing dismay at the “high-handed approach” of the RBI ombudsman in a complaint against a bank, the Delhi High Court has emphasized that the Ombudsman Scheme plays a pivotal role in providing an avenue for consumers seeking justice against regulated entities, like banks or NBFCs.

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October 24, 2023
IKEA Charges For Bag With Its Logo On It, Consumer Court Orders Compensation To Consumer
The Business Guardian

IKEA Charges For Bag With Its Logo On It, Consumer Court Orders Compensation To Consumer

A Consumer Commission in Bengaluru has recently ordered Swedish furniture retailer IKEA to refund a consumer, and also pay Rs 3,000 as compensation for charging her for a paper bag to carry the goods she purchased.

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October 24, 2023
Delhi HC Seeks Fresh Status Report On Removal Of Cattle From City's Roads
The Business Guardian

Delhi HC Seeks Fresh Status Report On Removal Of Cattle From City's Roads

The Delhi High Court has recently called for a fresh status report from the Delhi Government over the gathering of cows and buffaloes on the road of the national capital and steps taken in this regard.

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October 24, 2023
West Bengal Passport Scam: CBI Arrests 4 Officials
The Business Guardian

West Bengal Passport Scam: CBI Arrests 4 Officials

The CBI has recently arrested 4 officials of the Regional Passport Office in Kolkata in connection with a racket in which passports were issued to Nepalese citizens based on forged documents.

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October 24, 2023
Cipher Case: Islamabad Court Indicted Imran Khan and SM Qureshi
The Business Guardian

Cipher Case: Islamabad Court Indicted Imran Khan and SM Qureshi

A special court in Islamabad, Pakistan, indicted former Prime Minister Imran Khan and ex-Foreign Minister Shah Mahmood Qureshi on Monday.

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October 24, 2023
PIA CANCELS FLIGHTS OVER NON-PAYMENT OF DUES TO FUEL SUPPLIER
The Business Guardian

PIA CANCELS FLIGHTS OVER NON-PAYMENT OF DUES TO FUEL SUPPLIER

The airline cancelled 26 flights from various cities in Pakistan. PIA has paid PKR220 million to PSO for fuel supply

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October 24, 2023
GENUS POWER INFRASTRUCTURES ARM SECURES RS 3,121.42 CR ORDER
The Business Guardian

GENUS POWER INFRASTRUCTURES ARM SECURES RS 3,121.42 CR ORDER

The fully owned subsidiary of Genus Power Infrastructures Ltd. secured orders totaling Rs. 3115 crore for the provision of 34.8 lakh smart meters

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October 24, 2023
Anushka & Virat launch venture 'Nisarga' for event promotion
The Business Guardian

Anushka & Virat launch venture 'Nisarga' for event promotion

Celebrity couple Anushka Sharma and Virat Kohli disclosed on Monday that they plan to market experiences and events through their new business, Nisarga.

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October 24, 2023
India's ascent in cruise tourism predicted by Sonowal
The Business Guardian

India's ascent in cruise tourism predicted by Sonowal

Union Minister Sarbananda Sonowal stated that the Global Maritime India Summit, which the nation hosted last week for the third time in the previous seven years, will expand the industry’s growth, which has been expanding since 2014.

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October 24, 2023
Amit Shah to inaugurate nano DAP plant in Gujarat on Vijaya Dashami
The Business Guardian

Amit Shah to inaugurate nano DAP plant in Gujarat on Vijaya Dashami

Union Home Minister Amit Shah will open India’s first liquid nano diammonia phosphate (DAP) facility of Indian Farmers Fertiliser Cooperative Limited (IFFCO) on October 24 in the Gandhinagar Lok Sabha constituency along the Ahmedabad-Kalol route, ahead of the 2024 elections.

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October 24, 2023
NCEL SECURES RS 7,000 CR ORDERS, PROMISES PROFIT SHARE WITH FARMERS: AMIT SHAH
The Business Guardian

NCEL SECURES RS 7,000 CR ORDERS, PROMISES PROFIT SHARE WITH FARMERS: AMIT SHAH

The Cooperation Minister, Amit Shah, there have been orders worth Rs 7,000 crore thus far. The benefit will be divided among the member farmers

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October 24, 2023