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The Business Guardian

Congress wins four of six seats in Himachal assembly bypolls

In a boost for the Congress government in Himachal Pradesh, the party won four of the six assembly bypolls on Tuesday.

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1 min  |
June 05, 2024
The Business Guardian

I.N.D.I.A. won, Modi lost: Mamata

After the Trinamool Congress won 29 seats in West Bengal, while the BJP won 12, significantly down from its 2019 tally of 18 seats, West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee today expressed her happiness with the BJP not getting a simple majority in the Lok Sabha elections and called for the resignations of Prime Minister Narendra Modi and Union Home Minister Amit Shah on moral grounds.

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1 min  |
June 05, 2024
Dhami joins celebrations after BJP wins 3 seats in U’khand
The Business Guardian

Dhami joins celebrations after BJP wins 3 seats in U’khand

Uttarakhand Chief Minister Pushkar Singh Dhami joined the celebrations with workers at the BJP state office in Dehradun after BJP bagged three seats in the hill state on Tuesday.

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1 min  |
June 05, 2024
BJP SUFFERS DOWNSLIDE IN UP: SP, CONG MAKE A BIG COMEBACK
The Business Guardian

BJP SUFFERS DOWNSLIDE IN UP: SP, CONG MAKE A BIG COMEBACK

All along the seven phases of the Lok Sabha election, which were spread over two months, Uttar Pradesh Chief Minister Yogi Adityanath invoked the people's support showing off development, and more often in the name of god, an obvious call considering the recent consecration of the famed Ram Temple in Ayodhya.

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2 mins  |
June 05, 2024
Star Prime videos and RAS Media elevate OTT content with new collaboration
The Business Guardian

Star Prime videos and RAS Media elevate OTT content with new collaboration

In a recent update in the digital entertainment sector, RAS Media & Entertainment Private Limited has teamed up with Star Prime Videos to produce exclusive content for the platform.

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1 min  |
June 05, 2024
Fractal partners with QiCAP.Ai to boost Theremin.ai growth
The Business Guardian

Fractal partners with QiCAP.Ai to boost Theremin.ai growth

A global provider of AI and advanced analytics solutions to Fortune 500® companies announced its strategic decision to sell Theremin.ai, its venture focused on deep reinforcement learning-based investment strategies, to QiCAP.Ai, a leading quantitative investment and trading group in the Indian markets.

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1 min  |
June 05, 2024
Air India partners with Delhi Metro and DIAL for International check-ins
The Business Guardian

Air India partners with Delhi Metro and DIAL for International check-ins

Air India announced a partnership with Delhi Metro and Delhi Airport to offer international air passengers check-in facilities at two metro stations in Delhi.

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1 min  |
June 05, 2024
INDIA'S FOODGRAIN PRODUCTION DECLINES IN 2023-24
The Business Guardian

INDIA'S FOODGRAIN PRODUCTION DECLINES IN 2023-24

In the fiscal year 2023-24, India’s estimated total foodgrain production stands at 3,288.52 lakh tonnes, slightly below the production in 2022-23

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1 min  |
June 05, 2024
Auto firms ramp up green drive with new EV launches, water conservation
The Business Guardian

Auto firms ramp up green drive with new EV launches, water conservation

The The automotive sector is gearing up to play a key role in achieving India's sustainability goals with companies taking significant steps towards decarbonisation and embracing principles of material circularity. States like Uttar Pradesh have emerged as a leader in EV adoption, followed by Maharashtra.

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3 mins  |
June 05, 2024
Coal and Lignite PSUs greening mines through land restoration
The Business Guardian

Coal and Lignite PSUs greening mines through land restoration

According to a statement from the Ministry of Coal on Tuesday, coal and lignite public sector undertakings (PSUs) have not only ramped up coal production to meet rising energy demands but also shown commitment to environmental conservation through various mitigation measures.

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1 min  |
June 05, 2024
SEBI Forms committee to review clearing corporations
The Business Guardian

SEBI Forms committee to review clearing corporations

Financial market regulator SEBI has established a committee to review the ownership and economic structure of clearing corporations, aiming to ensure they operate as resilient, independent, and neutral risk managers.

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2 mins  |
June 05, 2024
CBIC SEEKS FEEDBACK ON DRAFT 'CENTRAL EXCISE BILL, 2024'
The Business Guardian

CBIC SEEKS FEEDBACK ON DRAFT 'CENTRAL EXCISE BILL, 2024'

The Central Board of Indirect Taxes & Customs (CBIC) invites stakeholders' suggestions on the draft 'Central Excise Bill, 2024', by June 26, 2024

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1 min  |
June 05, 2024
The Business Guardian

Bloodbath on D-street

Stock indices witnessed bloodbath on the day the Lok Sabha results are being announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the majority mark on its own.

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2 mins  |
June 05, 2024
The Business Guardian

Congress to hold discussion with alliance partners, 'new partners', says Kharge

As none of the major parties has received a full majority in the Lok Sabha elections with counting almost coming to an end, the Congress party will hold discussions with its allies as well as \"new partners,\" party president Mallikarjun Kharge said on Tuesday.

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2 mins  |
June 05, 2024
Constitution guiding light, will work with everyone for Viksit Bharat: PM
The Business Guardian

Constitution guiding light, will work with everyone for Viksit Bharat: PM

Preparing to take office for a record third consecutive term, Prime Minister Narendra Modi on Tuesday pledged to work with all states, regardless of the party in power, to build a developed India.

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1 min  |
June 05, 2024
MODI SET FOR HISTORIC 3RD TERM AS PM
The Business Guardian

MODI SET FOR HISTORIC 3RD TERM AS PM

NDA crosses the halfway mark, BJP short of majority on its own I.N.D.I.A makes dent in BJP bastions in Hindi heartland

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5 mins  |
June 05, 2024
Atishi Urges Collaboration To Resolve Delhi Water Crisis
The Business Guardian

Atishi Urges Collaboration To Resolve Delhi Water Crisis

Stakeholder states, Centre have to sit together and find solution...": Atishi on Delhi water crisis ... shortage in Delhi is not Delhi's problem

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3 mins  |
June 04, 2024
SBI Market Value Hits Record Rs 8 Trillion On 8.4% Stock Surge
The Business Guardian

SBI Market Value Hits Record Rs 8 Trillion On 8.4% Stock Surge

State Bank of India (SBI) has become the seventh Indian listed company to surpass a market capitalization of Rs 8 lakh crore.

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1 min  |
June 04, 2024
IGP VK Birdi: Preparations underway for Amarnath Yatra
The Business Guardian

IGP VK Birdi: Preparations underway for Amarnath Yatra

Inspector General of Pomir Zone announced on Monday that initial preparations are in progress for the upcoming annual Amarnath Yatra, set to commence on June 29.

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1 min  |
June 04, 2024
Court denies bail in Baby Care Hospital fire case
The Business Guardian

Court denies bail in Baby Care Hospital fire case

Delhi's Karkardooma Court dismissed the bail plea of Dr Akash, who has been arrested in connection with the New Born Baby Care hospital fire case. In this case, eight babies have died so far.

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2 mins  |
June 04, 2024
Axis My India' Chairman defends exit poll predictions
The Business Guardian

Axis My India' Chairman defends exit poll predictions

Axis My India Chairman Land Managing Director, Pradeep Gupta, supported the group's exit poll predictions and urged critics questioning their credibility to consider their proven track record.

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2 mins  |
June 04, 2024
DELHI HIGH COURT ALLOWS SECTION 11(6) PETITION: COURT HAS AUTHORITY TO APPOINT SOLE ARBITRATOR EVEN THOUGH ARBITRATION AGREEMENT SPECIFIED THREE-MEMBER TRIBUNAL
The Business Guardian

DELHI HIGH COURT ALLOWS SECTION 11(6) PETITION: COURT HAS AUTHORITY TO APPOINT SOLE ARBITRATOR EVEN THOUGH ARBITRATION AGREEMENT SPECIFIED THREE-MEMBER TRIBUNAL

The Delhi High Court in the case M/S TwentyFour Secure Services Pvt. Ltd. Vs M/S Competent Automobiles Company Limited observed and has rejected the contention that the court lacked the authority to appoint a sole arbitrator, even though the arbitration agreement specified a three-member tribunal.

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2 mins  |
June 04, 2024
Passengers protest train AC failures En route to Karachi
The Business Guardian

Passengers protest train AC failures En route to Karachi

Passengers on the Karachi-bound Allama Iqbal Express took action when the air conditioning system in their ACstandard coach malfunctioned twice, causing the train to halt.

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1 min  |
June 04, 2024
Drones & laser beams banned around Delhi airport for safety
The Business Guardian

Drones & laser beams banned around Delhi airport for safety

Delhi police have issued prohibitory orders banning drone and laser beam activities in the vicinity of the approach path of flights to the Indira Gandhi International Airport (IGI), citing concerns about the safety and security of aircraft and passengers.

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1 min  |
June 04, 2024
Time is running out': Zelenskyy at Shangri-La
The Business Guardian

Time is running out': Zelenskyy at Shangri-La

Ukrainian President Volodymyr Zelenskyy invited countries to attend the Ukraine Peace Summit and collaborate on ending the conflict between Moscow and Kyiv.

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3 mins  |
June 04, 2024
BOEING STARLINER FINALLY SET FOR JUNE 5 LAUNCH AFTER SIX DELAYS: NASA
The Business Guardian

BOEING STARLINER FINALLY SET FOR JUNE 5 LAUNCH AFTER SIX DELAYS: NASA

Once launched, the Starliner is expected to arrive at the space station after a flight of about 24 hours and dock with the orbiting research

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2 mins  |
June 04, 2024
NEW GOVT EXPECTED TO ACCELERATE REFORMS: ASSOCHAM PRESIDENT
The Business Guardian

NEW GOVT EXPECTED TO ACCELERATE REFORMS: ASSOCHAM PRESIDENT

Nayar expects \"the new government to push the accelerator on reforms encompassing several areas including the startup ecosystem

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1 min  |
June 04, 2024
IIFCL, PNB PARTNER TO FINANCE INFRASTRUCTURE PROJECTS
The Business Guardian

IIFCL, PNB PARTNER TO FINANCE INFRASTRUCTURE PROJECTS

PNB and IIFCL have signed an MoU to collaborate on lending for infrastructure projects, aiming to strengthen financing cooperation and leverage their respective expertise

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1 min  |
June 04, 2024
Lenskart valued at $5 billion after $200 million funding round
The Business Guardian

Lenskart valued at $5 billion after $200 million funding round

Lenskart, Asia's largest eyewear retailer, has raised $200 million in a secondary investment from Singapore's Temasek and Fidelity Management and Research Company (FMR).

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2 mins  |
June 04, 2024
Factory orders, output slower in May, PMI manufacturing index falls to 57.5
The Business Guardian

Factory orders, output slower in May, PMI manufacturing index falls to 57.5

India’s manufacturing sector remained firmly in expansion midway through the first fiscal quarter, despite a mild loss of growth momentum even as the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index™ fell from 58.8 in April to 57.5 in May, signalling a slower but still substantial improvement in the health of the sector.

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3 mins  |
June 04, 2024