In this issue

March 20, 2024

Unilever to restructure, ice cream unit separated, 7,500 jobs cut

Unilever Plc, under the leadership of Chief Executive Officer Hein Schumacher, has unveiled plans to separate its ice cream business, which includes renowned brands such as Ben & Jerry's, as part of a broader restructuring initiative aimed at enhancing growth prospects.

2 mins

RS 15,000 CRORE INVESTED IN SPORTS SPONSORSHIPS IN 2023

The \"Sporting Nation-Building a Legacy\" report emphasized a significant increase in digital advertising revenues, comprising 40% of total ad spending, driven by free access to IPL and ICC Men's Cricket World Cup matches on OTT platforms.

2 mins

India's exports to hit $450 billion in Fiscal 2024, FIEO President

Ashwani Kumar, the newly elected president of the Federation of Indian Export Organisations (FIEO), expressed optimism about the country's merchandise exports, projecting them to reach USD 450 billion by the end of the fiscal year.

1 min

Fusion of AI and Fashion: A Digital Revolution in Haute Couture

In recent years, the fashion Industry has witnessed a profound transformation, thanks to the integration of Artificial Intelligence (AI) into its fabric.

2 mins

Nifty IT plunges to 9-week low, TCS shares drop 4.3%

In today's trading session, Indian IT stocks experienced a downturn as all 10 constituents of the Nifty IT index closed the day in negative territory, recording losses ranging from 1.5% to 4%.

2 mins

India on positive growth spiral: Abhijeet Jhawar, Infra.Market CSO

On March 23, as part of the Earth Hour, Delhiites will once again join over a billion people in cities around the world - from Mumbai and Los Angeles to London, Hong Kong, Sydney, Rome, Manila, Singapore, Dubai and countless others by switching off non-essential lights and appliances for one hour in a symbolic gesture of showing their concern for the environment.

1 min

Govt Aims for digital public goods: Shirish Joshi, ONDC CBO

Simplilearn, a global digital skills training provider, has launched a report titled Safeguarding the Digital Frontier - Cybersecurity Trends and Upskilling Outlook for 2024, highlighting the pressing demand for heightened cybersecurity measures in an era dominated by digital transactions.

1 min

INCOME TAX DEPARTMENT RECOVERS RS 73,500 CR IN FY24 DUES

The Income Tax Department has successfully recovered Rs 73,500 crore in pending dues for the financial year 2023-24 up to March 15

1 min

We Work India to launch 2,000-seater centre in Chennai by June

Coworking major WeWork India on Tuesday said it has entered Chennai market and has taken on lease 1.3 lakh square feet of office space in Chennai to open a new centre with a capacity of 2,000 desks.

1 min

TCS SHARES DIP 3% AS TATA SONS DIVESTS STAKE

Shares of Tata Consultancy Services (TCS) plunged more than 3 per cent in the morning trade on Tuesday as its promoter Tata Sons sold around 2.3 crore shares, or 0.65 per cent of equity stake

2 mins

Go First bidder raises offer after Bank encouragement

The consortium, which includes budget carrier Spice Jet's managing director Ajay Singh and Busy Bee Airways, increased the bid amount between Rs 100 crore ($12.06 million) and Rs 150 crore, one of the sources said. The original bid amount stood at Rs 1,600 crore.

1 min

GAZA FACES IMMINENT FAMINE AS OVER 10 LAKH GRAPPLE WITH STARVATION: UN REPORT

The Integrated Food Security Phase Classification (IPC) warns that famine could ravage the north between mid-March and May 2024, with half of Gaza’s 2.2 million inhabitants facing severe food shortages

3 mins

ISRAEL, INDIA COLLABORATE TO SHAPE FUTURE TECHNOLOGY

Israel Aerospace Industries (IAI) has embarked on a strategic partnership with the prestigious Indian Institute of Technology (IIT) Delhi, marking a significant step towards fostering collaborative research initiatives, training programs, and research consultancy endeavors.

2 mins

SUPREME COURT: PLEA TO STAY CITIZENSHIP AMENDMENT ACT

The Supreme Court in the case was hearing the application filed to stay the Citizenship Amendment Act 2019 and the Citizenship Amendment Rules 202

3 mins

Delhi High Court: Pre-Arrest Bail Cannot Be Routinely Granted Since Accused May Use It As Shield, Custodial Interrogation To Be Avoided When Accused Joins Probe

The Delhi High Court in the case Prithvi Raj Kasana And Ors. v. State observed and has said that an order for the grant of pre-arrest bail cannot be passed in a routine manner in order to allow the accused to use it as a shield.

1 min

AAM AADMI PARTY LEADER SANJAY SINGH TAKES OATH AS THE RAJYA SABHA MEMBER

The Aam Aadmi Party leader Sanjay Singh took oath as member of the Rajya Sabha on March 19, 2024 after the Delhi Court permitted him to visit Parliament.

1 min

Kannadiga Kalavidara Parishat Maharashtra hosts Kalamahotsava

The Kannadiga Kalavidara Parishat organized its vibrant cultural arts festival at the Bantara Bhavan auditorium in Kurla East on March 16.

1 min

Ex-Police officer Pradeep Sharma sentenced to life imprisonment in fake encounter case

In a significant verdict, the Bombay High Court on Tuesday sentenced former policeman Pradeep Sharma to life imprisonment for his involvement in the fake encounter of Ramnarayan Gupta, an alleged close associate of gangster Chhota Rajan in 2006, in Mumbai.

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.