The Business Guardian - October 25, 2024

In this issue

October 25, 2024

BII commits Rs 205 crore to Magpet Polymers for India's circular economy

A Memorandum of Understanding was signed in this regard by both organizations. The event was attended by Dr. Rajesh Kumar, Principal Secretary, Department of Environment, Government of West Bengal & Member Secretary, West Bengal Pollution Control Board, Government of West Bengal; Dr. Andrew Fleming, Deputy High Commissioner, British Deputy High Commission; Nikhil Chulani, Investment Director, British International Investment, United Kingdom; Arun Korati, Director, Interim Head of India, British International Investment, United Kingdom; Devendra Surana, Founder & Managing Director, Magpet Polymers Pvt. Ltd.; Indroneel Goho, President & CEO, Magpet Polymers Pvt. Ltd. and Shruti Swaika, Lawyer, Fox & Mandal.

2 mins

India to be top intelligence market, says Mukesh Ambani

To strengthen India's artificial intelligence (AI) capabilities, Jensen Huang, CEO of NVIDIA announced a partnership between Reliance and NVIDIA to establish cutting-edge AI infrastructure in the country, at the NVIDIA AI Summit 2024, held in Mumbai.

2 mins

BRICS REFLECTS THE PROFOUND CHANGE IN WORLD ORDER: EAM JAISHANKAR

External Affairs Minister S Jaishankar at the 16th BRICS Summit in BRICS Plus format highlighted the significant strides made by nations that have gained independence from colonial rule, noting their accelerated development and socio-economic progress and asserted that the \"BRICS itself is a statement of how profoundly the old order is changing.\"

2 mins

Haryana CM Saini approves 12 road projects in meeting with Minister Gadkari

National Disaster Response Force (NDRF) Deputy Inspector General Mohsen Shahedi on Thursday said that 20 teams are deployed in Odisha and 17 teams in West Bengal in preparation for severe cyclonic storm Dana's landfall.

2 mins

Gnani.ai launches voice-to-voice model handling 10M daily calls with NVIDIA AI

Gnani.ai has launched its speech-to-speech large language model (LLM) which can handle over 10 million voice interactions daily, the company said in a release on Thursday.

1 min

Seclore establishes new compliance standard for global regulations with data-centric security

Seclore, the leading provider of data-centric security solutions, sets a new standard for enterprises worldwide by providing enhanced compliance controls and reporting capabilities that give companies an unparalleled ability to meet and exceed current and emerging cybersecurity and data privacy regulations.

1 min

Kejriwal to campaign for INDIA bloc in Maharashtra, Jharkhand

Aam Aadmi Party Convenor Arvind Kejriwal will campaign for INDIA bloc candidates in Maharashtra and Jharkhand said sources.

1 min

Indian Navy on standby as Cyclone Dana approaches; two ships ready for relief efforts

With Cyclone Dana expected to make landfall anytime on Thursday, in Odisha and West Bengal, the Indian Navy has been preparing to conduct any Humanitarian Assistance and Disaster Relief (HADR) operations needed.

1 min

ACCOUNTS COMMITTEE MEETING POSTPONED AFTER SEBI CHIEF'S NO-SHOW

The Parliament's Public Accounts Committee (PAC) postponed its meeting on Thursday following a disruption caused by the absence of SEBI Chairperson Madhabi Puri Buch.

2 mins

ACCOUNTS COMMITTEE MEETING POSTPONED AFTER SEBI CHIEF'S NO-SHOW

The Parliament’s Public Accounts Committee PAC) postponed its meeting on Thursday following a disruption caused by the absence of SEBI Chairperson Madhabi Puri Buch.

2 mins

Infosys Launches Topaz BankingSLM and ITOpsSLM: Small Language Models Built on AI

Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of its small language models - Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM - built using the powerful NVIDIA AI Stack.

2 mins

British International Investment Commits Rs 205 Crore To Magpet Polymers

Magpet Polymers Pvt. Ltd. (Magpet), India's first PET circular enterprise and a pioneer in sustainable plastic waste management, today, announced a strategic investment of INR 205 crore (USD 24 million) from British International Investment (BII), the UK Government's development finance institution and an impact investor.

1 min

Kalki Ecosphere launches Next Gen Impactpure

When human life is in danger because microplastic is found in human blood and reaches the human brain, simultaneously, our environment is in danger because of single-use plastic pollution; a new hope is shown by a unique innovation by an Indian Innovator Mr Rohit Shah is the founder of Kalki Ecosphere, a Mumbai-based startup.

2 mins

Tate & Lyle launches pioneering new automated lab in Singapore

Tate & Lyle PLC (Tate & Lyle or the Company), a world leader in ingredient solutions for healthier food and beverages, is pleased to announce the launch of its new 'Automated Laboratory for Ingredient Experimentation', known as 'ALFIE', at its Customer Collaboration and Innovation Centre in Singapore.

1 min

Surveyaan GeoWorkspace reaches 100 TB data milestone driving AI revolution

Surveyaan GeoWorkspace, a pioneer in cloud-based, AI-enabled photogrammetry software developed by Surveyaan, brand of Nibrus Technologies, processed over 820,000 acres of land, reaching an extraordinary milestone.

1 min

Reliance partners with NVIDIA to propel India into AI Age

NVIDIA CEO Jensen Huang and Reliance Industries Chairman Mukesh Ambani announced a strategic partnership to build state-of-the-art AI infrastructure in India at the NVIDIA Summit in Mumbai.

1 min

TCL ANNOUNCES EXCLUSIVE FESTIVE OFFERS ON ULTRA HD QLED & LED TV MODELS

TCL, a leading consumer electronics brand and a global player in the TV industry that has teamed up with Rohit Sharma, has announced exciting deals and offers on Ultra-HD QLED & Ultra-HD LED TV models, exclusively on Amazon and Flipkart.

1 min

ICRA sees bank credit growth slowing to around 12% from over 16%

In the last couple of years, lenders saw strong growth in credit. Generally, the loan growth was way ahead of deposit growth. But, with regulatory measures, it has slowed for commercial banks. On the other hand, non-banking finance companies (NBFCs) are also feeling the pinch as banks tighten the funding tap.

1 min

Commerce Min's SPO for negotiating FTAs to be ready this yr

The standard operating procedure (SOP) document for negotiating free trade agreements (FTAs) is expected to be ready by the end of this year, an official said on Thursday.

1 min

Bal Raksha Bharat & Sphere India Empower Children and Youth to Lead Climate Action

Aligned with Prime Minister Narendra Modi's 10-Point Agenda on Disaster Risk Reduction (DRR), emphasising a holistic approach to building resilience, reducing disaster risks, and fostering sustainable development, Bal Raksha Bharat and the Sphere India Academy have integrated on the #GenerationHope Campaign to accelerate inclusive climate resilience by empowering youth and children in India and everywhere.

1 min

IIITH's social incubator hosts Roundtable on Startup

IIITH's Social Incubator, AIC-IIITH, held a roundtable discussion on 'Financial and Non-Financial Support for Startup Innovation in Climate Action' at IIITH campus, Hyderabad.

1 min

CABINET APPROVES RS 6,798 CRORE PROJECTS TO BOOST CONNECTIVITY IN 5 YEARS

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two Ministry of Railways projects with a total estimated cost of Rs. 6,798 crore (approximately), according to the CCEA statement.

1 min

Infosys expands strategic collaboration with Meta

Infosys, a global leader in next-generation digital services and consulting, today strengthened its collaboration with Meta, a multinational technology company, to drive innovation in generative AI through open-source initiatives.

1 min

World Bank event: Sitharaman engages with bank-fund staff India club members

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, engaged with members and families of the Bank-Fund Staff India Club during an interaction held on the sidelines of the Annual Meetings of the World Bank and IMF.

1 min

India's economic growth accelerates in October as PMI rises to 58.6

The HSBC Flash India Composite PMI Output Index rose to 58.6, up from 58.3 in September, signalling a quicker pace of expansion in the country's economy, according to HSBC Flash PMI survey compiled by S&P Global.

1 min

PRIYANKA GANDHI, A HARBINGER OF HOPE FOR CONG

Priyanka Gandhi is confident of her victory from Wayanad.

3 mins

Aligning workplace design with organisational vision: strategies for the leadership team

Is your office a mere backdrop, or a dynamic engine driving your company's aspirations?

3 mins

BEYOND THE FILTERS AND AI-GENERATED AVATARS: BEAUTIFY YOUR SOUL-CRAFT

A friend's Facebook post recently grabbed my attention, a stunning AI-generated portrait, shining youthful energy and flawless beauty.

3 mins

Kanodia PG Women's College hosts 'Kanodia Fiesta 2024'

Kanodia PG Women's College's two-day 'Kanodia Fiesta 2024' was inaugurated on Thursday.

1 min

Harish Chaudhary writes to CM over DAP fertiliser shortage

Former Cabinet Minister and Baytu MLA Harish Chaudhary has expressed concerns over the shortage of DAP fertiliser in Rajasthan, prompting him to write to Chief Minister Bhajan Lal Sharma.

1 min

Workshop on menstrual health and hygiene conducted for girls in Jaipur

A one-day workshop was organised from Jaipur district headquarters to Panchayat Samiti level on Thursday under the joint aegis of Women Empowerment Department and Educate Girls Sanstha.

1 min

Jaipur Development Authority to implement new SOP for expedited land acquisition

Jaipur Development Authority (JDA) will prepare new SOP for early disposal of cases of land to be acquired for ring road and sector road.

1 min

Hanumangarh district administration organises Fit India Freedom Run 5.0

The district administration will organise a race on October 25 under the Fit India Freedom Run 5.0 campaign.

1 min

Vice President Jagdeep Dhankhar to visit Jodhpur on October 26

JODHPUR

1 min

RSMSSB releases revised calendar for 74 recruitment exams from October 2024

Rajasthan Staff Selection Board (RSMSSB) has released the revised calendar of 74 recruitment examinations to be held from October 2024 to June 2026.

1 min

SATISH POONIA PRAISES TINA DABI'S NAVO BARMER ABHIYAN FOR CLEANLINESS

Former Bharatiya Janata Party (BJP) state president Satish Poonia visited Barmer and praised the Navo Barmer Abhiyan initiated by District Collector Tina Dabi.

1 min

Discoms chairperson reviews progress of RDSS to improve power supply for consumers

Discoms Chairman and Managing Director of Jaipur Vidyut Vitran Nigam, Aarti Dogra reviewed the progress of the revamped Reform Based and Result Linked Distribution Sector Scheme (RDSS).

1 min

Community hall set to open in Vaishali Nagar after 17 years

Residents of the Vaishali Nagar area are finally set to receive a community hall, 17 years after the previous facility collapsed.

1 min

Supreme Court Strikes Down Delhi High Court's 'Strange' Bail Condition That Accused Must Arrange Accommodation And Reside In Delhi During Trial

The Supreme Court in the case Akbal Ansari v. State(NCT of Delhi) observed and has struck down a bail condition which is imposed by the Delhi High Court in a murder case that required the accused to arrange accommodation in Delhi and reside there during the trial.

1 min

Delhi High Court Refused To Entertain Husband's Plea To Determine If Wife Is Transgender

The Delhi High Court in the case SK v. Commissioner of Police Delhi Police HQ, ITO, Delhi and Ors observed and has refused to entertain a petition filed by a husband for medical examination of his wife to determine her gender at any Central Government hospital in the national capital.

1 min

KERALA HIGH COURT DIRECTED COCHIN DEVASWOM BOARD TO DECIDE WHETHER VIDEOGRAPHY WITH MOBILE PHONE IS PERMISSIBLE IN TEMPLES UNDER THEIR MANAGEMENT

The Kerala High Court in the case Sri Narayanankutty K v Cochin Devaswom Board observed and has directed the Cochin Devaswom Board to decide whether videography on mobile phones is permissible in Temples under their management.

2 mins

SUPREME COURT: GOVT COUNSEL SHOULD HAVE INSTRUCTIONS FROM AUTHORITIES; COURT SHOULD ACT AGAINST WHO MISREPRESENT

The Supreme Court in the case KC Kaushik and others v. State of Haryana and others observed and has underscored the necessity for parties, especially government authorities in order to provide truthful and accurate information in writing.

2 mins

Karnataka High Court To Police: Explain Why Case Was Closed And Then On Same Day Extortion FIR Registered Against Ex-MLC H M Ramesh Gowda

The Karnataka High Court in the case of H M Ramesh Gowda and the State of Karnataka & ANR observed and has asked Amruthahalli police station's SHO to explain why a complaint made against former member of legislative council, MLC H M Ramesh Gowda was termed as a 'non-cognizable offence' on October 1, and then on the same day an extortion First Information Report (FIR) was registered.

1 min

SUPREME COURT ALLOWED ED OFFICER ACCUSED IN BRIBERY CASE TO TRAVEL OUTSIDE TAMIL NADU

The Supreme Court in the case Ankit Tiwari v. Inspector of Police observed and has allowed Enforcement Directorate, ED officer Ankit Tiwari, who was being arrested by Tamil Nadu authorities in a bribery case but later granted interim bail, to travel to Madhya Pradesh in order to meet his relatives.

2 mins

PWD sprinkles water as smog thickens

As the air quality in the National Capital continues to deteriorate, Public Works Department (PWD) vehicles on Thursday morning sprinkled water in several parts to tackle air pollution.

1 min

Gopal Rai launches 'Red Light On-Gaadi Off' sticker campaign

Environment Minister Gopal Rai launched the \"Red Light On - Gaadi Off Abhiyan\" sticker campaign at the IP Estate CNG station, announcing that these stickers would be placed on autos at CNG stations across Delhi in collaboration with IGL.

1 min

DELHI'S AIR QUALITY EDGES UP, AQI REMAINS 'VERY POOR'

The 24-hour average Air Quality Index (AQI) recorded at 4 pm was 306 against 364 a day earlier.

1 min

BJP's RP Singh blasts AAP as Delhi drowns in smog crisis

BJP leader RP Singh on Thursday took a jibe at Aam Aadmi Party (AAP) after Delhi was engulfed in a thin layer of smog as the air quality continues to deteriorate to 'very poor' category.

1 min

BJP President Virendra Sachdeva dips into polluted Yamuna River

Delhi BJP President Virendra Sachdeva on Thursday took a dip in the Yamuna river to mark his protest against the Aam Aadmi Party (AAP) lead Delhi government with the rising pollution in the river as well as the city.

1 min

Civil defence to enforce anti-pollution measures

Delhi Environment Minister Gopal Rai on Thursday said the AAP government's ongoing anti-pollution drive will be intensified with the deployment of Civil Defence volunteers to check violations, and restrict the entry of diesel buses into the national capital.

1 min

SC notes discrepancies in dates when LG came to know about tree felling in ridge area

Chief Justice of India (CJI) D Y Chandrachud on Thursday said he had stopped going out for his morning walk owing to the rising levels of air pollution in the national capital.

1 min

MCD allocates Rs 20 lakh per zone

The Municipal Corporation of Delhi (MCD) has ramped up its efforts to combat air pollution by implementing a series of measures.

1 min

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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:

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