In this issue

March 17, 2024

AS SHIPPING DISRUPTIONS HIT 5-MONTH MARK, BUSINESSES GEAR UP FOR ADVERSE IMPACT IN FY25

Amidst Red Sea shipping disruptions hitting the five month mark, India may well have countered the formidable tide with the highest monthly merchandise exports of USD 41.40 billion-an increase of about 12 per cent year-on-year -- but the crisis is still brewing and the likely visibility of the adverse impact on trade data in the new fiscal - remains a key challenge for Indian exporters.

2 mins

M&A, private equity deals values decline 77% in Feb 24

Mergers and acquisitions and private equity activity in India took a backseat in February 2024 with the country witnessing 144 deals amounting to USD 1.4 billion, reflecting stable deal activity but a significant decline in values by 77 per cent and only a slight increase in volumes compared to January due to absence of major transactions and undisclosed deal values last month.

3 mins

INDIA LOGS HIGHEST MONTHLY EXPORT GROWTH OF 11.86% IN FEB

\"India continued to defy a daunting and persisting set of global challenges to world trade well into 2024, to post a robust export performance with its merchandise trade logging the highest monthly dispatches in the current financial year so far at USD 41.40 billion in February 2024, an increase of 11.86 per cent year-on-year growth over USD 37.01 billion in February 2023.

4 mins

Bhutan PM seeks better air link with India, targets 150,000 Indian tourists

Bhutan Prime Minister Dasho Tshering Tobgay has sought enhanced access by air to Bhutan and industry support going forward to strengthen the linkage as the South Asian neighbour plans to target 1,50,000 Indian tourists in the coming years.

1 min

DECCAN CEMENT: GROWTH AMID INDIAN CONSOLIDATION CEMENT

There is consolidation in the Indian cement sector even after Adani Group's large acquisition of cement assets of ACC, Ambuja and Sanghi Industries.

2 mins

Uber launches new feature to track carbon emissions

Uber has announced a whole new way for riders to track their contribution in reducing carbon emissions to the environment with the launch of 'Emission Savings'. This new feature will give Uber riders visibility on how many kilograms of CO2 emissions they saved by riding in Uber Green vehicles.

1 min

Ultraviolette launches fast charging stations

Ultraviolette Automotive, an electric vehicle platform has rolled out its cutting-edge fast charging infrastructure - UV Supernova -- with 6 kW offering introduced as Supernova, while its 12 kW counterpart is designated Supernova plus.

1 min

Tata Motors to set up manufacturing facility in TN

Tata Motors Group has signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to explore the settingup of a vehicle manufacturing facility in the state.

1 min

GOVT OKAYS E-VEHICLE POLICY, PROMOTES DOMESTIC PRODUCTION

The Government's approval of an electric vehicle policy to promote India as a manufacturing destination for EVs with the latest technology marks another significant step towards accelerating the adoption of cutting-edge technology and fostering innovation in India's automotive sector by attracting investments in the e-vehicle space by reputed global EV manufacturers.

2 mins

HOW TECHNOLOGY IS TRANSFORMING AND RESHAPING GUEST EXPERIENCES

We live in a time where technology has taken center stage in our day-to-day routine. From our handheld devices to the automated houses we call home, we lean on technology to improve and simplify numerous facets of our everyday reality.

2 mins

Supreme Court to hear HP MLAs’ plea challenging disqualification on Mar 18

The Supreme Court is set to hear on March 18 a plea filed by six Congress rebels who cross-voted in the recent Rajya Sabha polls in Himachal Pradesh, challenging their disqualification from the state assembly.

1 min

Delhi HC refuses to extend interim bail of Ramesh Chandra

The Delhi High Court declined to further extend the interim medical bail granted to realty firm Unitech's founder Ramesh Chandra in a money laundering case and directed him to surrender before the jail superintendent on Saturday.

1 min

ASADUDDIN OWAISI MOVES SC SEEKING STAY ON CAA

President of the All India Majlis-e-Ittehadul Muslimeen (AIMIM), Asaduddin Owaisi, has moved the Supreme Court seeking a stay on the enforcement of the Citizenship Amendment Rules until the apex court resolves the challenges to the constitutional validity of the Citizenship (Amendment) Act, 2019.

2 mins

Delhi HC appoints ex-SC judge as observer for JNUSU elections

The Delhi High Court has appointed former Supreme Court judge V Ramasubramanian as an 'observer' to oversee the activities of the election committee established for the Jawaharlal Nehru University Students Union (JNUSU) elections for the 2023-24 academic year.

1 min

TATA AIA LIFE INSURANCE INTRODUCES HOST OF FUNDS

Driven by its core value of consumer obsession, Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has introduced a host of funds, over time, for the benefit of consumers.

2 mins

SEBI relaxes certain disclosure norms for foreign portfolio investors

In relief and to facilitate ease of doing business for foreign portfolio investors (FPIs), the Board of capital market regulator Securities and Exchange Board of India (SEBI) approved a proposal to relax the timelines for disclosure of material changes by such overseas investors.

1 min

Vridhi Home Finance now available on Bajaj Markets

Bajaj Markets has partnered with Vridhi Home Finance, a leading NBFC to enable its users to benefit from affordable home loans and smart refinancing options.

1 min

LTFH wins ICC social impact summit award 2024

L&T Finance Holdings Ltd. (LTFH), a leading retail. financier, is pleased to announce that its Corporate Social Responsibility (CSR) initiative has won 'Jury Choice Award' at the 6th Indian Chamber of Commerce (ICC) Social Impact Summit Awards 2024.

2 mins

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.