The Business Guardian - October 24, 2024

In this issue

October 24, 2024

UAE's Calidus inks agreements with Turkish defense company ASELSAN

Calidus Aerospace, a member of the Emirates Defence Companies Council, has signed strategic collaboration agreements with Turkish defence companies ASELSAN and HAVELSAN during the first day of the SAHA EXPO 2024 in Istanbul.

1 min

INDIAN CERAMIC TILES INDUSTRY THRIVES LOCALLY BUT STRUGGLES IN EXPORTS: ICRA

The Indian ceramic tiles industry finds itself at a critical juncture, as a recent report by ICRA reveals contrasting trends in the domestic and export markets.

1 min

India strengthens its global leadership with over 1,800 global capability centres

India has firmly established itself as the world's top destination for Global Capability Centres (GCCs), with over 1,800 centers serving more than 1,400 global corporations, according to a report by JLL India.

1 min

30+ countries want to join BRICS, says Putin

Over 30 countries have expressed a desire to join the BRICS. Russian President Vladimir Putin said on Wednesday, addressing a meeting of the grouping.

1 min

Skilled workforce: key to strengthening India's rural health

India's rural healthcare system faces critical challenges, including a severe shortage of skilled professionals. Namrata Hinduja emphasizes the need for a well-trained workforce to provide quality care.

3 mins

BSF foils smuggling attempts along Meghalaya border

Border Security Force (BSF) on Wednesday obstructed a major smuggling attempt and seized contraband items worth Rs.16 lakhs along the international border of Meghalaya.

1 min

ATISHI BLAMES BJP'S "DIRTY POLITICS" FOR POLLUTION IN DELHI

Delhi CM Atishi blamed BJP's \"dirty politics\" for rising air and water pollution, while BJP's Vijender Gupta criticized AAP for inadequate action.

2 mins

SC allows ED official Ankit Tiwari, arrested by TN DVAC for bribery, to visit MP

The Supreme Court, on Wednesday, granted permission to Enforcement Directorate (ED) official Ankit Tiwari, who had been arrested by Tamil Nadu's Directorate of Vigilance and Anti-Corruption (DVAC) in an alleged bribery case, to visit Madhya Pradesh.

2 mins

MoCA bans lantern kites near IGI Airport for Diwali; Delhi police to act against violators

The Ministry of Civil Aviation (MoCA) has taken a significant step to enhance safety measures around the Indira Gandhi International (IGI) Airport in New Delhi by banning the use of lantern kites, wish kites, and hot air balloons within a two-kilometer radius of the airport.

2 mins

Sridha Store Launches Sridhastore.com

Sridha Store, a leading name in traditional home decor and spiritual supplies, has officially launched its e-commerce platform SridhaStore.com, offering customers across India a seamless way to shop for high-quality, handcrafted products that blend spirituality, tradition, and modern living.

1 min

Bonito Designs introduces Game-Changing Mobile App

Bonito Designs, India's leading full-service home interior brand known for democratizing celebrity-inspired designs, is once again raising the bar in the world of tech and design innovation.

2 mins

SKY GOLD SECURES RS 270 CR THROUGH SUCCESSFUL QIP, STRENGTHENING CAPITAL FOR FUTURE GROWTH

The successful QIP marks a pivotal moment for the company, reflecting its commitment to growth and innovation in the jewellery industry.

1 min

Senco Gold & Diamonds acquires 'Co-Powered By Partner' Rights

Senco Gold & Diamonds, renowned for its exquisite jewellery and 80+ year legacy, partners with DPIFF 2025 to honour the rich cultural heritage of Indian cinema. The association highlights a shared commitment to excellence, blending cinematic achievements with the artistry of fine jewellery.

2 mins

Shobhit Nirwan honored with ET Business Leader Award 2024

Shobhit Nirwan, a trail-blazing mathematics educator and co-founder of Next Toppers, has been awarded the prestigious ET Business Leader Award 2024 under the 'Most Trusted Educator' category.

1 min

The 3rd Annual Pride of Bharat Awards 2024 Successfully Concluded

The 3rd Annual Pride of Bharat Awards 2024 concluded with resounding success, celebrating the exceptional achievements of individuals and organizations who have significantly contributed to India's progress across multiple sectors.

1 min

Adani Green Energy reports 20% EBITDA growth

Adani Green Energy Ltd (AGEL) reported a 20 percent year-on-year (YoY) growth in EBITDA for the second quarter of the 2025 financial year (FY), reaching Rs 4,518 crore.

1 min

IMF: India emerges as manufacturing powerhouse

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted a significant global shift in manufacturing production towards emerging markets like India and China as advanced economies lose competitiveness.

1 min

GOVT LAUNCHES BHARAT CHANA DAL INITIATIVE WITH PULSES AT RS 70/KG

The government has raised the Minimum Support Price for pulses and announced unlimited procurement of Tur, Urad, and Masur.

1 min

‘AI essential for India’s oil, gas operations’: Union min Hardeep Puri

The adoption of artificial intelligence has become a necessity for optimizing operations in the oil and gas industry, as India navigates the complexities of global energy markets, the Union Petroleum and Natural Gas Minister Hardeep Puri said during the 15th edition of Global Energy Conclave-ENRich 2024 on Wednesday.

1 min

M&A deal value surges 66% in 2024: Report

Mergers and acquisitions (M&A) deals in the first nine months of the year surged by 66 per cent in value terms compared to the same period in 2023, signalling a revival in deal sentiment, according to a report by Boston Consulting Group.

1 min

Setback to Byju, SC reverses NCLAT order closing insolvency proceedings

In a setback to ed-tech company Byju, the Supreme Court on Wednesday set aside the decision of the National Company Law Appellate Tribunal (NCLAT) closing the insolvency proceedings against ed-tech company Byju's by accepting a settlement between it and the Board of Control for Cricket in India (BCCI) for about Rs 158 crores.

2 mins

NSDL launches 'YUva Plan', offers zero settlement fees for youth investors

In a bid to engage and empower India's youth, the National Securities Depository Limited (NSDL) has launched the YUP (YUva Plan).

1 min

FREEZING AND THAWING OF RELATIONS

India's relations with Canada are at their lowest point while Jaishankar's visit to Pakistan sparks hope

3 mins

The Haryana victory

The Haryana victory for the BJP was a reflection of the unanimous voice of the people who were well aware of the great strides the Modi government had made regarding every facet of development, for the people.

2 mins

INDIA MUST NOT LET GUARD DOWN ON CHINA

India-China relations, but it does not mean that the China threat has gone away.

3 mins

BRICS expands with 13 new members

New BRICS members welcomed: PM Modi highlighted the inclusion of 13 new BRICS members, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, Algeria, Bangladesh, Indonesia, Mexico, Nigeria, Pakistan and Turkey, emphasising the potential for making the planet better and more sustainable.

1 min

BRICS SUMMIT 2024: HOW MODI, XI TOOK CENTRE STAGE

Prime Minister Narendra Modiand Chinese President XiJinping metat the BRICS Summit, discussing border tensions and trade cooperation.

1 min

MAHARASHTRA CM CONFIDENT OF MAHAYUTI RETURNING TO POWER

Maharashtra Chief Minister Eknath Shinde visited the Kamakhya temple on Wednesday to pay obeisance before the Maharashtra Assembly elections.

1 min

Pune ATS arrests 21 Bangladeshis, 10 accused sent to police custody

Police have arrested 21 Bangladeshi nationals for allegedly illegally residing in Ranjangaon area, according to Pune police officials.

1 min

Centre notifies appointment of 5 advocates as Bombay HC judges

The Centre on Wednesday notified the appointment of five advocates as judges of the Bombay High Court.

1 min

Drone show in Andhra sets 5 world records, CM Naidu praises organisers

Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday evening expressed his gratitude towards the organisers and participants of a drone show that has set five world records.

1 min

Kameng Cultural Museum inaugurated, showcasing pride of Arunachal Pradesh

The Kameng Culture and Heritage Museum, a landmark institution celebrating the rich cultural diversity and heritage of Arunachal Pradesh, was inaugurated on Wednesday by the Chief Minister of Arunachal Pradesh, Pema Khandu, according to an official release.

1 min

Drone show in Andhra sets 5 world records, CM Naidu praises organisers

Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday evening expressed his gratitude towards the organisers and participants of a drone show that has set five world records.

1 min

Under-construction building collapses in Bengaluru; 5 dead, 5 injured

Five bodies have been recovered, and five people were injured after an under-construction building collapsed in the Horamavu Agara area of eastern Bengaluru amid heavy rain, said Bengaluru police sources.

2 mins

HC grants bail to gangster Chhota Rajan Shetty murder case

The Bombay High Court granted bail to gangster Rajendra Sadashiv Nikalje, also known as Chhota Rajan in the 2001 Jaya Shetty murder case on Wednesday.

1 min

'MP govt sets target to create over 1 lakh jobs': CM Mohan Yadav

Ahead of the 5th edition of Regional Industry Conclave which is scheduled to be held in Rewa, Chief Minister Mohan Yadav has said that the Madhya Pradesh government is continuously working for the youth and to take the state forward.

1 min

18 farmers arrested for stubble burning in Haryana's Kaithal

Amid the ongoing ruckus over rising pollution levels, Deputy Superintendent of Police (DSP) Bir Bhan on Wednesday informed that the Haryana Police in Kaithal district has arrested 18 farmers till now for stubble burning and cases have been registered against 22 farmers.

1 min

More Delhi areas now in severe AQI category

A thick layer of smog enveloped the national capital Wednesday morning as its air quality remained in the 'very poor' category with an overall AQI of 363, while more areas fell into the \"severe\" zone.

1 min

Stubble burning in neighbouring states may raise pollution: Gopal Rai

Environment Minister Gopal Rai on Wednesday expressed concerns over the rising pollution in the national capital.

1 min

Atishi blames BJP's 'dirty politics' for pollution in Delhi

Delhi Chief Minister Atishi on Wednesday accused the BJP's \"dirty politics\" of being responsible for the rising air and water pollution in Delhi.

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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