The Business Guardian - April 28, 2024
The Business Guardian - April 28, 2024
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April 28, 2024
FPI INFLOWS TO BOOST INDIA'S BUSINESS
Fin min’s monthly economic report highlights three pillars of this buoyancy.
4 mins
Government okays export of 99,150 MT of onions to six nations
The Ministry of Consumer Affairs, Food and Public Distribution has allowed the export of 99,150 metric tons (MT) of onions to six neighboring countries.
1 min
Smooth power supply in summer ensured
India’s power demand is expected to rise by 7-8 per cent yoy in the second quarter of 2024 due to robust industrial activity, strong GDP growth and the Indian Meteorological Department’s (IMD) forecast of above normal temperatures during the summer months.
2 mins
At 5-7%, IT service companies face muted revenue growth for 2nd year
With India’s technology industry showing resilience amidst economic challenges and expectation of modest recovery in FY25, the first quarter of Q1 2024 (January – March) witnessed notable deal activity, especially in mergers and acquisitions (M&A), indicating growth prospects in vendor consolidation and transformation projects.
2 mins
Rising air traffic to lift pvt airports' revenue by 30% in FY25
An expected increase of 10 per cent in passenger traffic on the high base of fiscal 2024, combined with capital expenditure (capex)linked tariff hikes and rising non-aeronautical revenue per passenger, can see the revenue of leading private airport operators go up by around 30 per cent this fiscal.
2 mins
WEBEL SOLAR POISED FOR GROWTH AMID INDIA'S RENEWABLE ENERGY DRIVE
India is the third largest consumer of energy in the world and consumption is projected to continue rising over the years. Supported by industrial growth, urbanisation , government policies, and favourable geopolitics, the country has achieved an installed capacity exceeding 400 GW.
2 mins
Govt portal offered more jobs than applied
Vacancies listed on the government’s job portal National Career Service (NCS) displayed an interesting trend. The NCS data shows that in the fiscal year 2023-24 jobs available through the portal were significantly higher than job seekers.
2 mins
HMIL TO BOOST OUTPUT TO 1.5 MN UNITS BY 2030
Solid sales in markets like India have powered Hyundai Motor’s sales growth in markets outside Korea which were up by 1.9 per cent to 846,800 units, with the US also contributing in the boost.
3 mins
TaMO gets 4L customers for 'Magic', launches bi-fuel model
Tata Motors has achieved the milestone of 4 lakh customers of the Tata Magic – India’s most preferred van and introduced a new variant, the Magic Bi-Fuel, to further increase convenience of its customers.
1 min
Automakers keen to tap high quality aluminium solutions
With aluminium responsible for enabling several forms of modern transportation -- establishing itself as a critical raw material for automotive manufacturing, the industry along with automakers and essential component manufacturers is exploring a future roadmap of the sector with a focus on role of aluminum in its transformation and new areas of collaboration.
1 min
Hemant Soren denied interim bail in land scam case
The Special PMLA Court in Ranchi declined to grant interim bail to former Jharkhand Chief Minister Hemant Soren in a land scam case on Saturday. Former Chief Minister Hemant Soren had sought interim bail of 13 days from the court to attend the funeral of his uncle, a plea which the court denied.
1 min
SC SEEKS RESPONSE ON FIXING MSP FOR ALTERNATIVE CROPS
The Supreme Court sought responses from the Centre, Punjab, and Haryana governments regarding a plea to establish the minimum support price (MSP), including periodic increases, for alternative crops cultivated by farmers and the government’s procurement of these crops.
1 min
Court grants bail in Delhi Waqf Board case
Delhi’s Rouse Avenue Court granted bail to Aam Aadmi Party (AAP) MLA Amanatullah Khan on Saturday in connection with the Enforcement Directorate’s recent complaint filed against him for alleged non-attendance of summons in the Delhi Waqf Board money laundering case.
1 min
NDTV clocks 59% growth in revenue during Q4, FY 24
NDTV Group announced its financial performance for the fourth quarter of 2023-24, marked by a 59 per cent revenue growth compared to the same period last year. Revenue during the quarter was at Rs 106.5 crore versus Rs 67.0 crore last year.
1 min
Ultraviolette launches electrifying F77 Mach 2 at Rs 2.99 lakh
Taking a leap forward in the mission to deliver superior and futuristic mobility solutions, ultraviolette, an innovator in future-ready EV platforms and battery technology, has launched an advanced performance and intelligent electric motorcycle, the F77 Mach 2. Starting at 2,99,000, the F77 Mach 2 marks a pivotal moment in accelerating EVe adoption, driven by the carbon farewell fund initiative.
1 min
Govt addresses e-rickshaw safety post huge influx on road
The remarkable see of E-rickshaws on the streets, totalling nearly 1.5 million vehicles has led the Government to address the growing prominence of e-rickshaws and task the Road Transport Ministry with a comprehensive review of these vehicles including a focus on rectifying safety concerns. The Government has also urged the ministry to analyze the factors driving the widespread adoption of e-rickshaws and draw insights from their success.
1 min
TKM LAUNCHES FORTUNER LEADER MODEL
Toyota Kirloskar Motor (TKM) has launched the ‘Leader’ edition of the Fortuner in the India market to fulfil the diverse needs of the aspiring customers with an array of advanced features designed to enhance convenience, safety, and connectivity.
1 min
BIRKENSTOCK OPENS ITS FIRST FLAGSHIP STORE IN MUMBAI
BIRKENSTOCK, the German global zeitgeist and purpose brand, is strengthening its footprint in India. Celebrating 250 years of tradition in shoemaking in 2024, BIRKENSTOCK has its eyes firmly set on the future and opens its first flagship store in Mumbai, the financial capital of the country, marking its commitment to the region.
2 mins
The Business Guardian Newspaper Description:
Yayıncı: ITV Network
kategori: Newspaper
Dil: English
Sıklık: 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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