In this issue

April 16, 2024

Ramkrishna Forgings gets Rs 270 cr order for Vande Bharat train-set

Ramkrishna Forggs Limited, one of the leading suppliers of rolled, forged, and machined products has received a significant order for Vande Bharat train-set valued at INR 270 crore.

1 min

INDIA'S OVERALL EXPORTS IN FY24 AT $776.68 BN PASSES FY23 NOS, TRADE DEFICIT IMPROVES 35.77%

Overall trade deficit significantly improved by 35.77 per cent to USD 78.12 billion in FY24 from USD 121.62 billion in FY23

3 mins

Experts see minimal impact on indian pump prices, stalemate over IMEC

The impact of Iran-Israel conflict on India does not cover a rise in petrol prices in India even as experts see a likely continuation of shipping disruptions at Red Sea and the India Middle East Corridor project remaining on paper.

2 mins

Aerospace parts maker IIG Aero raises $12 mn to hike capacity.

Bengaluru-based aerospace components manufacturer, JJG Aero, has secured USD 12 million (Rs100 crore) in inaugural funding from CX Partners which will be used primarily to increase its new facility's manufacturing capacity, further vertical integration, and other corporate initiatives.

1 min

Price pain greater in rural India due to rising rural food inflation: Crisil

Rural India continues to feel a sharper price pinch with inflation inching up in rural areas to 5.4 per cent from 5.3 per cent while urban inflation eased markedly to 4.1 per cent from 4.8 per cent.

3 mins

Inox to drive southward expansion with nearly half of new screens

PVR VR Inox, India's leading multiplex operator, is strategically expanding its presence in the South Indian market to bolster operational performance amidst challenges in the cinema business.

1 min

SUMMER SIZZLES, SALES RISE, INDIAN CONSUMER FIRMS GEAR UP

Blue Star intensifies its product offerings with a plethora of new home air conditioner models, targeting a remarkable 25% revenue boost in the air conditioning segment, led by Managing Director B. Thiagarajan.

2 mins

NEPALESE TYCOON BINOD CHAUDHARY WHO SOLD WAI WAI' PLANS TO LIST INDIA UNIT BY 2026

The firm, boasting a 28% share in the local instant noodles market and generating an annual revenue of 8 billion rupees 96.2 million), is in preliminary talks regarding its listing shine. The aims is toachievea 15% revenue growth this year.”

2 mins

Ambuja Cements acquires TN grinding unit for Rs 413.75 crore

Ambuja Cements, a subsidiary of Adani Group, has signed an agreement to acquire My Home Group's 1.5 MTPA (million tons per year) cement grinding unit in Tuticorin, Tamil Nadu.

1 min

2024 Maruti Suzuki Swift Prepares For Launch In May

The all-new fourth-generation Maruti Suzuki Swift is all set to be released next month.

2 mins

UK NRIs seek Dubai residency to avoid new tax measures

The The proposed taxation of the overseas income of non-UK domiciled residents by the United Kingdom government has triggered a rush among wealthy non-resident Indians there to establish taxfriendly ownership structures in alternative jurisdictions, experts said.

3 mins

INDIA REJECTS LANCET REPORT, AFFIRMS RECORD HIGH HEALTHCARE SPENDING

As per National Health Accounts estimates for 2019-20, the key achievements in the health sector are that the total health expenditure was Rs 4,83,259 crore in 2014-15, which in 2019-20 has risen to Rs 6,55,822 crore.

3 mins

Delhi High Court Extends CM Arvind Kejriwal's Judicial Custody In Liquor Policy Case Till April 23

The Delhi Court in the case observed and has extended the judicial custody of Chief Minister Arvind Kejriwal till April 23 in the money laundering case which relates to the now scrapped liquor policy.

2 mins

The 21 Judges Have Written A Letter To Chief Justice of India: 'Need To Safeguard Judiciary From Unwarranted Pressures'

The High Courts and the Supreme Court of India, take this moment to write to the Chief Justice of India, drawing upon our years of service and experience within the judiciary, to express our shared concern regarding the escalating attempts by certain factions to undermine the judiciary through calculated pressure, misinformation, and public disparagement.

2 mins

DELHI COURT REMANDS BRS LEADER K KAVITHA TO JUDICIAL CUSTODY TILL APRIL 23 IN CBI CASE: LIQUOR POLICY SCAM

The Delhi Court in the case observed and has remanded BRS leader K Kavitha to judicial custody till April 23 in the case registered by the Central Bureau of Investigation, CBI over the alleged liquor policy scam.

2 mins

CONGRESS MANIFESTO MERE PIECE OF PAPER, IT FAILS TO FULFIL PROMISES: FADNAVIS

Maharashtra Deputy Chief Minister Devendra Fadnavis on Monday said the Congress' manifesto is a \"mere piece of paper\" and claimed the party has failed to fulfil promises in states where it has been in power.

1 min

Farmer compelled to remove 300 sweet lime trees due to water scarcity

A farmer in Chhatrapati Sambhajinagar was forced to cut down 300 sweet lime trees amid an acute water shortage in the drought-prone Marathwada region.

1 min

The Mahindra Group announces Rs 1,200 cr investment

Mahindra Susten on Monday said it will foray into the hybrid renewable energy segment by setting up a Rs 1,200-crore 150-megawatt solar wind energy project in Maharashtra.

1 min

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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:

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