The Business Guardian - October 12, 2024
The Business Guardian - October 12, 2024
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In this issue
October 12, 2024
Midland Credit Management India wins two honors at 2024 UBS Forums CSR Awards
Midland Credit Management in India (MCM India) recently received two prestigious CSR awards at the 11th Edition of the Corporate Social Responsibility Summit & Awards hosted by UBS Forums in New Delhi.
1 min
Supermicro unveils AI-ready servers with AMD EPYC 9005 CPUs and MI325X GPUs
Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announces the launch of a new series of servers, GPU-accelerated systems, and storage servers featuring the AMD EPYC™ 9005 Series processors and AMD Instinct™ MI325X GPUs.
4 mins
Medanta doctors ranked among Stanford's top 2% global scientists
Four distinguished doctors from Medanta - The Medicity, Gurugram, have been recognised in the prestigious Stanford University rankings of the top 2 per cent of scientists in the world.
1 min
CBRE India wins 'Best in Future of Work' at 2024 IDC Future Enterprise Awards
CBRE's D&T (Digital & Technology) India vertical has been awarded the prestigious 'Best in Future of Work' category at the 2024 IDC Future Enterprise Awards. This recognition highlights CBRE D&T India's unwavering commitment to digital transformation and its focus on cultivating a future-ready talent pool while fostering a culture of innovation and adaptability.
2 mins
Kirit Somaiya welcomed Maharashtra's move to raise Madrasa teachers' salaries
BJP leader Kirit Somaiya has praised the Maharashtra Cabinet's decision to increase the salaries of D.Ed. and B.Ed. teachers in Madrasas, highlighting the party's commitment to education as a secular and essential concern.
1 min
MP GOVT, AAI SIGN MOU FOR SHIVPURI AIRPORT REVAMP
The Airports Authority of India (AAI) and the Government of Madhya Pradesh have signed an MoU for the development of Shivpuri Airport under the Regional Connectivity Scheme (RCS).
1 min
SP's Ram Gopal Yadav urged workers to block roads from Akhilesh Yadav's residence to JNCC
Samajwadi Party's National General Secretary, Professor Ram Gopal Yadav, called upon party workers and leaders on Friday to block roads leading from Akhilesh Yadav's residence in Lucknow to the Jaiprakash Narayan Convention Center.
1 min
India's National Regulatory Authority meets WHO standards for vaccine regulations
The Central Drugs Standard Control Organisation (CDSCO), along with the National Regulatory Authority of India (NRA) and affiliated institutions, has been found to meet the World Health Organization (WHO) published indicators for a functional vaccine regulatory system.
1 min
CRISIL JUMPS 12 PLACES TO 37TH IN CHARTIS RISKTECH100 2025
CRISIL Ltd, the global provider of advanced analytics and credit risk management solutions, has risen 12 places to #37 in the RiskTech100 2025 report published by the London-based Chartis Research this month.
2 mins
Birla Opus Paints ropes in Vicky Kaushal and Rashmika Mandanna for their latest campaign
After foraying into the decorative paints sector earlier in the year, Birla Opus Paints housed under Aditya Birla Group's Grasim Industries, has now launched its latest campaign - 'Naye Zamane ka Naya Paint' i.e. 'New Paint for the New era'. Conceptualized by Leo Burnett India, the film features two of India's most loved actors - Vicky Kaushal and Rashmika Mandanna, as brand ambassadors talking about its unique and distinctive features and quality, along with veteran and versatile actors like Neena Gupta and Saurabh Shukla.
1 min
Global Superstar Jennie delivers “MANTRA,” her new Single & Music Video
Following worldwide anticipation, multi-faceted trailblazer JENNIE releases her anxiously awaited new single and music video \"Mantra\" out today via Columbia Records/ ODDATELIER.
1 min
KIMSHEALTH expands cardiac care with state-of-the-art Electrophysiology Lab
KIMSHEALTH Trivandrum launched a state-of-the-art Electrophysiology Lab equipped with cutting-edge 3D mapping technology.
1 min
IYDF and Suhana Gift House bring support to Children's Development centre in Assam
The International Youth Development Foundation (IYDF) partnered with Suhana Gift House to host a heartwarming charity event at the West Silchar Children's Development Centre in Borjatrapur, Cachar District, Assam. The event was filled with compassion and fun as volunteers from Suhana Gift House provided essential supplies and sports equipment to 20 children, engaging them in interactive games and activities that made the day truly memorable.
1 min
IFCCI unveils Whitepaper to DPIIT: Key insights, recommendations
The Indo-French Chamber of Commerce and Industry (IFCCI) presented a highly anticipated Indo-French Industry Whitepaper on Policy and Regulatory Insights and Recommendations during its National Committees Meet gathering more than 100 French and Indian industry leaders.
1 min
FOREX RESERVES DIP $3.7 BILLION AFTER SCALING ALL-TIME HIGH
According to RBI, India's foreign currency assets, the largest component of forex reserves, were at USD 612.643 billion.
1 min
Net direct tax collections rise 18.35% to Rs. 11.26 lakh crore
The refund amounting to Rs 2.31 lakh crore released during the period. The refund amount saw a growth of 46 per cent.
1 min
Another 15% telecom tariff hike by FY27: Report
Despite a decade marked by disruptions, JP Morgan anticipates that the Indian telecom landscape will stabilize, with another tariff hike of 15 per cent by the fiscal year 2027 (FY27).
1 min
Rapido set to secure $60 mn investment from Prosus
Indian ride-hailing unicorn Rapido is reportedly close to raising $60 million (INR 503 Cr) from Dutch investment firm Prosus, in a combination of primary and secondary share sales. This new capital will be part of Rapido's ongoing $200 million round, sources revealed.
1 min
Companies list over 90k positions on PM internship portal
Jubilant Foodworks, Maruti Suzuki India, Eicher Motor, Larsen & Toubro Ltd., Muthoot Finance and Reliance Industries are among the 193 companies that have offered the opportunities, they said.
1 min
Mumbai residential sales up 5% during Oct-Dec period
Mumbai's real estate market has seen a 5 per cent jump in the number of residential units sold during Q3 2024, but sales value contracted by 2 per cent, according to data released by Square Yards.
1 min
India's vaccine regulatory system meets WHO standards
The Central Drugs Standard Control Organisation (CDSCO), along with the National Regulatory Authority of India (NRA) and affiliated institutions, has been found to meet international standards for vaccine regulations set by the World Health Organisation (WHO), the Ministry of Health and Family Welfare said on Friday.
1 min
J&K POLLS: TESTAMENT TO INDIA'S THRIVING DEMOCRACY
With the election results for both Haryana and Jammu and Kashmir now declared, we witness two distinct electoral outcomes-one where the BJP emerged victorious and another where it made significant inroads. Yet, amid Congress's predictable outcry of foul play, one undeniable truth shines through-the resilience of democracy in Jammu and Kashmir, a region once overshadowed by strife. This momentous achievement is a testament to the BJP's dedication to Atal Bihari Vajpayee's enduring vision of Insaniyat, Kashmiriyat, and Jamhooriyat.
4 mins
Feminism at workplaces: Policies for a more inclusive future
The principles of femininity have been helpful to created modern policies of corporate structures and their relations with their employees in the conditions of today's constantly changing environment.
5 mins
DELHI GOVT APPROVES 100 PROJECTS WORTH RS 93 CRORE FOR VILLAGES
The Arvind Kejriwal-led Aam Aadmi Party (AAP) government approved 100 projects worth Rs 93 crore on Friday, October 11, 2024, aimed at boosting development in Delhi's villages.
1 min
ED raids Delhi-NCR, Mumbai in case linked to seizure of narcotics by police
The Enforcement Directorate on Friday conducted search operations at various locations in Delhi, National Capital Region (NCR) and Mumbai in connection with the case of seizure of a consignment of Narcotic and Psychotropic substances by Special Cell of Delhi Police.
1 min
HC asks NHAI to decide representation over undue toll collection on highways
The court said the representation should be disposed of by the authorities within four weeks in accordance with the law.
1 min
Police busts interstate gang involved in theft of remote radio units from mobile towers
Delhi Police on Thursday claimed to have busted an interstate gang of thieves involved in theft of Remote Radio Units (RRUs) from mobile towers across the national capital and other states.
1 min
IAS vs IPS officers' case: Court accepts police's closure report
An FIR was filed in 2022 based on the woman IAS officer's complaint, in which she alleged receiving threatening calls and messages from an unknown number attempting to extract information from her.
1 min
Rs 7,000-cr drugs haul: LOCs issued against 6 including UK national
The Delhi Police, which is probing the city's biggest-ever seizure of cocaine worth over Rs 7,000 crore, has issued look-out circulars (LOCs) against six people, including an Indian-origin UK national who fled the country before the latest recovery of 208 kg of the drug from west Delhi.
1 min
Husband loses temper over flour brand, attacks wife with knife
A disagreement over ordering a different brand of flour escalated into a violent altercation between a couple, where the husband attacked his wife with a knife.
1 min
BOMBAY HIGH COURT COMMUTES DEATH SENTENCE OF MAN WHO BURNT ALIVE WOMAN, 2-YR-OLD; AWARDS LIFE SENTENCE
The Bombay High Court in the case State of Maharashtra vs Deepak Jath observed and has commuted the death sentence to life imprisonment of a man who is 46-year-old, who set ablaze two women and a two-year-old girl.
2 mins
Three New Judges Of Gujarat High Court Take Oath
Justices Sanjeev Jayendra Thaker, Deeptendra Narayan Ray and Maulik Jitendra Shelat were sworn in as the judges of the Gujarat High Court on October 10, 2024.
1 min
Punjab and Haryana High Court Answers: Can High Court Entertain Writ Against ED's Provisional Attachment When Alternate Remedy Is Available Under PMLA?
The Punjab and Haryana High Court in the case MGF Developments Limited v. Directorate of Enforcement and Another observed and has stated that when an alternative remedy is available under the Prevention of Money Laundering Act 2002, PMLA against Provisional Attachment Order, PAO issued by the Directorate of Enforcement, it would not be appropriate for it to entertain a writ petition filed even before the statutory 30 days' period which being from the date when PAO has been passed.
2 mins
Andhra Pradesh High Court: Section 81 CGST Act Cannot Be Invoked To Declare Transfer Of Property Void Without Determining 'Nature Of Transaction' As Being Sham
The Andhra Pradesh High Court in the case Velagala Lakshmi and Others v. State of Andhra Pradesh & Others observed and has held that Section 81 of the Central Goods and Services Tax Act, 2017 cannot be invoked to declare transfer of property void, unless there is a specific finding regarding the sham nature of transaction.
1 min
Dandiya and Garba captivated the Delhiites at TV9 Festival of India
The five-day TV9 Festival of India being held at Delhi's Major Dhyanchand Stadium is getting attention from the delhiites and they are enjoying songs, music, traditional Durga Puja, food amidst a lot of hustle and bustle.
1 min
Atishi allotted controversial Flagstaff Road bungalow amid investigations
The controversial 6, Flagstaff Road bungalow in Civil Lines was formally allotted to Delhi Chief Minister Atishi on Friday, two days after she was allegedly forcibly made to vacate it, officials said.
1 min
PM's principal secretary flags slow progress in clearing landfill sites
Senior officials from central ministries and the Delhi administration discussed current strategies and explored new ways to address the pollution problem, it said.
1 min
Food delivery agent stabbed to death by teenager in Rohini
A 28-year-old food delivery agent was allegedly stabbed to death in Delhi's Rohini by a teenager following an altercation over a common female friend, police said on Friday.
1 min
ED opens money laundering case in Delhi drugs bust, conducts searches
The Enforcement Directorate Friday said it has registered a money laundering case into the recent mega narcotics seizure in the national capital and conducted searches in Delhi, Mumbai and Gurugram.
1 min
Wangchuk, supporters continue hunger strike on day 6
Climate activist Sonam Wangchuk and supporters continued their indefinite hunger strike for the sixth day on Friday at Delhi's Ladakh Bhawan. A routine medical examination of the activists, who have been sitting on a hunger strike since Sunday afternoon, was conducted.
1 min
The Business Guardian Newspaper Description:
Publisher: ITV Network
Category: Newspaper
Language: English
Frequency: Daily
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.
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