In this issue

March 14, 2024

Feb vegetable oil imports down 13% to 9.75 lakh tonne: SEA

According to industry data released on Wednesday by the Solvent Extractors’ Association of India (SEA), India’s vegetable oils imports witnessed a notable decline of 13% year-on-year in February, amounting to nearly 9.75 lakh tonnes.

2 mins

PM MODI STEERS INDIA'S SEMICON HUB DREAM, LAYS FOUNDATION STONE FOR RS 1.25 LAKH CR PROJECTS

The facilities are expected to bring tremendous opportunities for Assam and Gujarat as well as help create a strong and significant presence for India in global value chains.

2 mins

Coal Min to meet power sector's 874 MT coal demand in FY25, says Prahlad Joshi

Coal Ministry Prepared to Meet Power Sector’s 874 Million Tonnes Coal Demand in FY 2024-25, States Minister Pralhad Joshi.

1 min

Envoy Shilpak Ambule vows to attract increased investments from S'pore to India

Indian High Commission Aims to Attract Increased Investments, Emphasizes Growth in Infrastructure and Renewable Energy.

1 min

Ministry of Heavy Industries, IIT Roorkee in Rs 24.6645 cr deal for EV innovation

The Government has stepped up efforts to drive innovation in the automotive and electric vehicle sector with the Ministry of Heavy Industries (MHI) and Indian Institute of Technology, Roorkee entering into an agreement to foster mutual collaboration between the ministry and IIT Roorkee that will involve establishing a centre of excellence (CoE) and an industry accelerator to advance innovation. The total project cost of

1 min

Property leasing by luxury brands in India jumped 170% in 2023

A recent report revealed that luxury companies leased approximately 0.60 million square feet (MSF) of real estate in India last year, marking a significant 170 percent increase compared to 2022.

1 min

INNOVATIVE VENTURES: EXPLORING INDIA'S TOP 5 CONSUMER ELECTRONICS STARTUPS

Indian Consumer Electronics is one of the fastest growing industries in India with great potential and several opportunities to offer for Indian start-ups. As per reports, Consumer Electronics market amounts to USD 71,177 million in 2022 and is expected to grow annually by 5.76%.

2 mins

Foreigners drive 77% of Indian real estate investment in 2019-23: Report

A report released on Wednesday revealed that foreign inflows made up 77 percent of the total institutional investment in Indian real estate between 2019 and 2023, indicating a sustained confidence in the sector.

1 min

BSNL installs 3,500 4G towers in 5 northern states: CMD

Bharat Sanchar Nigam Limited (BSNL), a state-run telecom company, under the leadership of Chairman and Managing Director (CMD) Pravin Kumar Purwar, has completed the installation of 3,500 base transceiver stations (BTS) to facilitate 4G services across five circles in North India. These circles encompass Punjab, Haryana, Himachal Pradesh, Uttarakhand, and Uttar Pradesh West. A BTS, typically found in the form of a tower, serves as a fixed radio transceiver in mobile networks.

1 min

Godrej locks invests in digital solutions, targets 2x growth in 3 years

Godrej Locks and Architectural Fittings and Systems (GLAFS) is aiming to achieve 2-fold growth over the next three years, as it is betting big on digital locks, a segment showing promising trends in both residential and commercial spaces, a senior company official said.

1 min

Big Tech Opposes Digital Competition Law's Ex-Ante Norms

Big Tech firms such as Google, Apple, Flipkart, Amazon, and Uber have opposed ex-ante regulation while responding to the suggestions of the expert committee on digital competition law.

1 min

DECATHLON PLACES MAJOR EMPHASIS ON INDIA.RANKS AMONG TOP FIVE GLOBAL MARKETS

Decathlon considers India a “big priority\" market and aims to be among its top five global markets within the next five years

3 mins

Ema Founder: Gen AI to generate more jobs and wealth

Founder Surojit Chatterjee asserts that Ema, dubbed the ‘Universal AI employee,’ possesses the versatility to seamlessly transition between roles, from data scientist and customer service representative to specialized positions like pharmacist’s assistant, showcasing reliability and competence, ultimately becoming an organization’s top performer.

2 mins

DEWA REDUCES CARBON EMISSIONS BY 92.5 MT WITH PRODUCTION EFFICIENCY

Saeed Mohammed Al Tayer, the MD and CEO of Dubai Electricity and Water Authority (DEWA), has announced a significant milestone in enhancing the efficiency of electricity and water production.

2 mins

ADIO EXPANDS ABU DHABI'S TRADE LINKS WITH WESTERN AUSTRALIA

This partnership not only aims to bolster cross-sector activities but also lemphasizes the development of supply chains, advanced manufacturing, science, innovation, technology, and environmental, social, and governance frameworks

2 mins

Adidas forecasts sales decline in North America amid Yeezy sell-off

On Wednesday, Adidas issued a cautionary note regarding a potential sales decline in its overstocked North American market in 2024, as the renowned German sportswear brand continues to navigate the aftermath of selling off its remaining Yeezy inventory.

2 mins

DISH TV CANNOT CLAIM EXCLUSIVE RIGHT ON USE OF 'DISH' WORD, IT IS NOT ENTITLED FOR PROTECTION UNDER TRADE MARKS ACT: DELHI HIGH COURT

The Delhi High Court in the case Prasar Bharti v. Dish TV India Ltd observed and has ruled that Dish TV India Limited cannot claim exclusive right to use the word ‘Dish’ as it is generic in nature which refers to dish antenna and it will not be entitled to be protected as it is stated under Section 30(2) of the Trade Marks Act, 1999, on the standalone basis.

3 mins

SUPREME COURT COLLEGIUM ACCEPTS TRANSFER REQUESTS OF DELHI HIGH COURT'S JUSTICE V KAMESWAR RAO AND JUSTICE SANJEEV SACHDEVA; RECOMMENDED THEIR TRANSFER

The Supreme Court Collegium recommended the transfer of Delhi High Court judges, Justice V Kameswar Rao and Justice Sanjeev Sachdeva to Karnataka High Court and Madhya Pradesh High Court respectively.

1 min

Thane will be millennial & women housing destination by2025: Vihang Group director

“Thane has the potential to become one of the most preferred destinations for Women and Millennials,” says Vihang Sarnaik, Director of Vihang Group. According to Sarnaik, “Thane is strategically connected to Mumbai through railways, expressways, freeways and upcoming metros and emerges as the ideal canvas for aspirational housing.

2 mins

On first day, more than 16,000 vehicles used Mumbai's coastal road: BMC

More than 16,000 vehicles used the coastal road between Worli and Marine Lines in Mumbai on the first day of its operation, civic officials said on Wednesday. According to numbers shared by the Brihanmumbai Municipal Corporation, Brihanmumbai (BMC), 16,331 vehicles accessed the four-lane southbound carriageway of the corridor within 12 hours after it was opened to the public on Tuesday.

1 min

Stone-pelting on bus after 2 groups quarrel over temple loudspeaker volume in Maharashtra

A state transport bus was allegedly pelted with stones after an altercation between members of two communities over the volume of a loudspeaker at a temple in Maharashtra’s Chhatrapati Sambhajinagar city, police said on Wednesday.

1 min

WOMAN ARRESTED FOR ALLEGEDLY MURDERING DAUGHTER OVER DISPUTE ON LOVE RELATIONSHIP

In the Kherwadi area of Bandra (East), a 40-year-old woman, Tina Umesh Bagade, was arrested on Tuesday for the alleged murder of her 19-year-old daughter, Bhumika, following a heated argument over the daughter’s romantic relationship.

1 min

Read all stories from The Business Guardian

The Business Guardian Newspaper Description:

The Business Guardian is a monthly business magazine published in India. It was launched in 2005 and is one of the most popular business magazines in the country. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Economic news and analysis: The Business Guardian covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Industry news and trends: The Business Guardian also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: The Business Guardian also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Management and leadership: The Business Guardian also features articles on management and leadership. These articles help readers to develop their skills and knowledge in these areas.

The Business Guardian is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.