In this issue

April 12, 2024

Cola, Beverage, Ice Cream Makers Expect Sales Skyrocket As Temperature Soars

As temperatures begin to climb and a heatwave settles in, FMCG and dairy companies selling cola-based fizz drinks, juices, mineral water, ice creams, and milk-based beverages expect a spike in sales.

1 min

Apple Warns Users Of 92 Countries About Possible 'Mercenary Spyware' Attack

Apple has warned its users in India and 91 other countries that they may have been the victims of a "mercenary spyware" attack, according to multiple media reports.

1 min

India's UPI Transactions Way More Than US Digital Payments: EAM S. Jaishankar

During a recent address, (EAM) S Jaishankar highlighted India's significant strides in digital payments, revealing that the country now conducts transactions worth Rs 120 crore monthly through the Unified Payments Interface (UPI).

1 min

INDIA TO GROW 7% IN FY24, 7.2% IN FY25, DRIVEN BY ROBUST INVESTMENT, SERVICES EXPORTS

The 2024-25 growth estimate is, however, lower than 7.6 per cent projected for the 2022-23 fiscal. The ADB’s growth forecast for FY25 is in line with projections made by the RBI

2 mins

TOBACCO FIRMS' MTHLY RETURNS ACCEPTED TILL MAY 15 VIA SPL REGISTRATION

The Central Board of Indirect Taxes and Customs CBIC), through a notification, extended the date of implementation of this special procedure by 45 days till May 15

2 mins

UP govt ramps up wheat procurement centres, aims for 6 MT target

Ahead of the Lok Sabha Elections, the Uttar Pradesh (UP) government has increased the number of wheat procurement centres by 10 per cent to more than 6,400.

1 min

Telecom Sector Brace For 15-17% Tariff Jump Post-Election, Says Report

The telecom industry is expected to take a 15-17 percent tariff hike post general elections, according to an analyst report that termed the tariff increase in the sector as "imminent" with Airtel as the biggest beneficiary.

2 mins

NCLAT rejects insolvency plea against parsvnath landmark developers

The National Company Law Appellate Tribunal (NCLAT) has rejected the request made by four unit buyers of Parsvnath Landmark Developers to commence insolvency proceedings against the subsidiary of Parsvnath Developer.

1 min

Infosys And Intel Collaborate On Gen AI For Enterprise Growth

Indian IT services firm Infosys and semiconductor leader Intel revealed an extension of their strategic partnership aimed at supporting global enterprises in speeding up their AI initiatives.

1 min

VISTARA CEO: OPERATIONS STABLE, WORST BEHIND US

The worst is behind us and we have stabilised our operations,” said Vinod Kannan, CEO of Vistara on Thursday which at the start of this month.

2 mins

Fast retailing's Q2 profit climbs 7.2% to $721.80mm

Fast ast Retailing Co of Japan reported a 7.2% increase in second-quarter profit, maintaining the momentum towards what the Uniqlo operator anticipates will be a third consecutive year of record earnings.

1 min

AIMRA accuses Apple India of retail favoritism, iPhone 15 Pro cashback sparks outrage

As the iPhone 15 series from Apple continues to be one of the best-selling premium smartphones, Apple India is now facing criticism from the All India Mobile Retailers Association (AIMRA) over its \"discriminatory\" cashback offers between larger and small retail stores.

1 min

CHINA: CONSUMER PRICES UP 2ND MONTH, FACTORY DEFLATION PERSISTS

China’s consumer prices showed a modest increase in March, but factory deflation persists, indicating a continuation of weak demand despite

2 mins

'Birds of Goodness' Airdrop delivers record aid to Northern Gaza

The Joint Operations Command of the Ministry of Defence announced the successful completion of the 30th \"Birds of Goodness\" airdrop operation, delivering 125 tonnes of humanitarian aid and Eid clothing to northern Gaza.

1 min

WTO Predicts Global Trade Rebound In 2024 Amidst Economic Recovery

According to a recent forecast by economists at the World Trade Organization (WTO), global goods trade is projected to gradually recover this year.

2 mins

UAE Commits $15 Mm To 'Amalthea Fund' For Gaza Relief

In accordance with President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s instructions, the UAE has announced a USD 15 million allocation to support the “Amalthea Fund.”

1 min

BOMBAY HIGH COURT QUASHED REASSESSMENT ORDER AGAINST HOUSEWIFE WHEN PROPERTY WAS PURCHASED BY HER HUSBAND

The Bombay High Court in the case Kalpita Arun Lanjekar Versus Income Tax Officer observed and has quashed a reassessment order against a housewife when the alleged investment was made by her husband.

2 mins

MADHYA PRADESH HIGH COURT: WRIT PETITION CANNOT BE ENTERTAINED TO CHALLENGE AN ARBITRAL AWARD STATUTORY REMEDY UNDER SECTION 34 OF A&C ACT MUST BE AVAILED

The Madhya Pradesh High Court in the case Fulkunwar v. Saksham Pradikari observed and has that a write petition filed to challenge an arbitral award is not maintainable in view of the efficacious alternative statutory remedy available under Section 34 of the Arbitration and Conciliation Act.

1 min

Lawyer's Legal Battle with corporate Giant makes it to Times Square, New York

\"The Mind That Matters,\" a compelling short documentary is a chronicle of Payal Chawla's audacious legal battle against a corporate giant, her personal challenges, and her efforts in founding of an all-women law firm.

2 mins

MAHARASHTRA CONGRESS CHIEF NANA PATOLE CLAIMS 'ATTEMPT ON LIFE' AFTER TRUCK HITS HIS CAR

Following his miraculous escape on Tuesday after his car met with an accident in Bhandara district, Maharashtra State Congress President Nana Patole has alleged that a 'deliberate attempt' was made to dash his vehicle.

2 mins

Comic Con set to enthral pop culture enthusiasts in Mumbai

From fans dressed as their favourite comic and movie characters, to national and international comic artists taking the stage, the Mumbai Comic Con is all set to celebrate all things geek and pop in its upcoming edition, starting April 20.

1 min

Will only support leaders who champion Maratha quota, govt deceived us: Jarange

Activist Manoj Jarange has accused the Maharashtra government of cheating Marathas over quota and declared that the community will back only those political leaders who genuinely support reservation for its members.

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.
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* 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.
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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.