The Business Guardian - November 12, 2024

In this issue

November 12, 2024

Our decision must benefit laborers: MP CM after JC Mill Visit

Madhya Pradesh Chief Minister Mohan Yadav inspected JC Mill, closed over decades and took detailed information about the mill from the officials concerned on Monday.

1 min

India IVF secures USD 1.25 mn investment from tomorrow capital

India IVF, a pioneering fertility provider founded by Dr Richika Sahay and Dr Somendra Shukla in 2014, has secured USD 1.25 million in pre-Series A funding from Tomorrow Capital, a USD 100 million venture capital fund dedicated to supporting early-stage, transformative consumer healthcare businesses.

3 mins

STOCK MARKET DECLINES FOR 3RD CONSECUTIVE SESSION AMID VOLATILITY

Domestic stock markets closed lower for the third consecutive session, driven by concerns over disappointing earnings and upcoming regulatory changes.

2 mins

Shigeru Ishiba officially re-elected as Japan's Prime Minister

Leader of Japan's ruling Liberal Democratic Party (LDP), Shigeru Ishiba, has secured a new term as the country's prime minister after a parliamentary vote on Monday, local media reported.

2 mins

AI Agents outperform traditional GenAI

Artificial Intelligence (AI) agents are expanding the possibilities for business process automation and addressing the complex use cases that traditional Generative AI (GenAI) might not fully handle at scale, especially in secure and efficient deployments, says a report by the global consulting firm Deloitte.

2 mins

Privately listed firms' market cap Up 6.4x, PSUs 5x in 10 years: Motilal Oswal

The report also noted that India has seen impressive growth in market capitalization over the past decade, emerging as one of the world's fastest-growing equity markets. This remarkable growth has been driven by a combination of larger corporate expansion and increased participation from smaller companies and emerging industries.

2 mins

JD(S) condemns 'Racial Slurs' by Minister Against Kumaraswamy

Janata Dal Secular on Monday strongly condemned the \"racist remarks\" made by Karnataka Minister Zameer Ahmed Khan for Union Minister HD Kumaraswamy.

1 min

Soren's Removal Insults Tribal Community: Amit Shah

In a scathing attack on Jharkhand Chief Minister Hemant Soren, Union Home Minister Amit Shah said on Monday that the way Champai Soren was humiliated and removed from the Chief Minister post is not just an insult to him but to the entire tribal community.

1 min

Tripura CM Saha attends Uttar Poorav Industrialisation Workshop

The workshop was organized by the Department of Industries and Commerce, Government of Tripura, in collaboration with the Department for Promotion of Industry and Internal Trade, Government of India.

2 mins

Kauvery Hospital, Tirunelveli Hosts "Singapenne Classic Weightlifting Championship" for Women

In celebration of Breast Cancer Awareness Month, Kauvery Hospital, Tirunelveli, organized the \"Singapenne Classic Weightlifting Championship\" for female athletes at Anna Stadium.

1 min

AGRI-FOOD TECH EXPO ASIA 2024: DRIVING AGRI-FOOD TECH ADVANCEMENTS TO ACCELERATE INNOVATION The 3rd AFTEA will be held from 19 to 21 November 2024 in Singapore at Sands Expo & Convention Centre.

The 3rd Agri-Food Tech Expo Asia (AFTEA) will be held from 19 to 21 November 2024 in Singapore at Sands Expo & Convention Centre.

2 mins

Behrouz Biryani Showcases Culinary Excellence with Nawabi Handi Dum Biryani

In a world that moves too fast, there's something magical about slowing down to savour a meal, especially one rooted in tradition.

2 mins

Chitkara University Collaborates with Fintech Giant Zaggle

In a groundbreaking move for Fintech education in India, Chitkara University has launched the Dr. Raj P. Narayanam Fintech Centre of Excellence at its Rajpura campus in Punjab.

1 min

Waseem Afzal: Leading Transformation in the Digital Advertising Space

In today's fast-paced digital world, staying ahead requires more than just innovation—it demands foresight, agility, and a relentless focus on outcomes.

2 mins

Ramavtar Honored as Quality Leader in Construction Industry

Swadeshi Civil Infrastructure Pvt. Ltd., a distinguished name in India's civil infrastructure and construction industry, is proud to announce that its Founder, Chairman, and Managing Director, Ramavtar, has been honored as the Pioneer in Quality and Timeliness in Construction at the ET Business Leadership Awards 2024.

2 mins

CPI inflation is likely to breach 6% in October: report

The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures.

1 min

$100 BILLION BILATERAL TRADE WITH RUSSIA BY 2030 IS REALISTIC: JAISHANKAR

The minister outlined ten critical areas of development that signal a promising trajectory for strengthening bilateral trade and investment relations between the two countries.

1 min

Stock market closes in red for 3rd consecutive session

Power Grid, Trent, HCL Technologies, Infosys, and Tech Mahindra led the gains, while Asian Paints, Britannia, Apollo Hospitals, Cipla, and ONGC registered significant losses.

1 min

FDIs may shift to US under Trump 2.0: SBI Report

The report highlighted that under his first term Trump 1.0, the Trump administration made sweeping regulatory changes aimed at attracting investments back to the U.S., which impacted FDI inflows globally including India

1 min

New Demat account additions drop to 4-month low in October: Report

Amid the ongoing selling in the Indian stock markets, the growth in the demat accounts also declined in October, highlighted a report by ICICI Securities.

1 min

India moving towards gas-based economy: Hardeep Singh Puri

Currently, India imports about 50 per cent of its natural gas needs, but with new investments in the upstream sector, this dependence is expected to come down over time.

1 min

IVCA Announces Inaugural Indian Venture IPO

India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), has announced its inaugural flagship forum, Indian Venture IPO & Exit Strategies Forum 2024.

1 min

India Shines Bright at the ISKA World Championship 2024 in Vienna, brings home 1 Gold, 4 Silver, and 3 Bronze medals

India wins 1 Gold, 4 Silver, and 3 Bronze medals at the ISKA World Championship 2024 held in Vienna

1 min

Mere Paas Maa Hai!

An emergency meeting of the Arab League was held in Cairo a few days ago to talk about Israel's decision to stop UNRWA from doing its job in the seized Palestinian areas.

9 mins

DUSU Election: HC directs DU to begin vote counting by November 26

The Delhi High Court on Monday instructed Delhi University to begin the counting of votes for the Delhi University Student Union (DUSU) elections by November 26, provided that all public and private properties defaced during the election campaign are cleaned and repainted within a week.

1 min

DMRC launches bike taxi service from 12 metro stations

Delhi Metro passengers can now book bike taxi rides through the DMRC Momentum application without juggling between multiple platforms, an official statement said on Monday.

1 min

'Fight polls as if I'm contesting all 70 seats', Kejriwal appeals to AAP workers

AAP national convenor Arvind Kejriwal on Monday delivered a strong message to the district and booth-level party workers, asserting that their loyalty should not lie with any individual MLA or councillor, but should be tied directly to him.

1 min

Delhi riots: SC asks HC to hear Gulfisha Fatima's bail plea

The Supreme Court asked the Delhi High Court on Monday to hear the bail plea of activist Gulfisha Fatima, one of the accused in the Delhi riots case in February 2020, on the date fixed, unless there are exceptional circumstances.

1 min

Kerala High Court: Assessing Authority Cannot Reassess Prior Years Without Inquiry While Determining Relevant Year's Assessment [Income Tax]

The Kerala High Court in the case Kings Infra Ventures Ltd. v. The Assistant Commissioner of Income Tax observed and has stated that while determining the assessment of relevant years assessing authority cannot determine the assessment for earlier years without enquiry.

1 min

High Court Issued Notice On Plea Seeking CBI Probe Into Death Of Protestor Allegedly Shot By Haryana Police During Farmers' Protest

The Punjab and Haryana High Court in the case Charanjit Singh Versus State of Haryana and Others observed and has sought the stand of the Haryana and Punjab Governments in a petition filed seeking a Central Bureau Investigation, CBI probe into the death of a protestor who was allegedly shot by Haryana Police during Farmers' Protest at the Khanauri border.

1 min

HIMACHAL PRADESH HIGH COURT UPHOLDS LEVY OF GST ON MINING ROYALTY PAYABLE UNDER MINING CONCESSION GRANTED BY STATE

The Himachal Pradesh High Court in the case M/s Lakhwinder Singh Stone Crusher v. Union of India & ors. observed and has dismissed a writ petition challenging notifications issued by the Central government for levy of GST on Royalty paid by a Mineral Concession Holder for mining concession granted by the State.

2 mins

Supreme Court Dismissed Bail Petition Of Suspended Janta Dal (S) Leader Prajwal Revanna In Rape And Sexual Assault Case

The Supreme Court in the case Prajwal Revanna versus The State Of Karnataka observed and has dismissed the petition filed by a suspended Janta Dal (S) leader Prajwal Revanna seeking bail in the case over allegations of rape and sexual assault.

1 min

Uttarakhand High Court Allows Wife's Plea To Become Guardian Of Comatose Husband

The Uttarakhand High Court in the case Kamakshee Bisht Versus State Of Uttarakhand & others observed and has allowed the application of a wife who sought guardianship of her husband who is in a state of coma and deeply bedridden.

1 min

Justice Sanjiv Khanna Sworn In As 51st Chief Justice Of India, Succeeding Justice DY Chandrachud

Justice Sanjiv Khanna has officially assumed office as the Chief Justice of India, CJI, succeeding Justice DY Chandrachud.

2 mins

LG approves hiring of 1,463 healthcare workers

Lieutenant Governor of Delhi VK Saxena on Monday had approved the recruitment of 1463 healthcare professionals, including 701 nurses and 762 paramedical staff, on an outsourced basis in order to address the shortage of personnel and improve Delhi's public healthcare infrastructure.

1 min

BJP criticises the AAP for mishandling the situation of civil defense volunteers

The Delhi unit of the Bharatiya Janata Party (BJP) has criticized the Aam Aadmi Party (AAP) for allegedly mishandling the situation of civil defense volunteers.

1 min

Govt urges LG to hire 10K bus marshals amid rising crimes against women

Delhi Chief Minister Atishi on Monday said her government is sending a proposal to Lieutenant Governor VK Saxena for the formulation of a policy on retaining 10,000 bus marshals on a permanent basis.

1 min

There is decline of native fish in Yamuna, rise of exotic species: NGT

In its order dated November 7, a bench of NGT Chairperson Justice Prakash Shrivastava noted that the CIFRI had filed its reply dated September 19, which supported the plea for a decrease in local fish species.

1 min

Malabar Gold & Diamonds Launches 'Swarnakriti' - An Exquisite Collection of Handcrafted Gold Jewellery

Malabar Gold & Diamonds, the responsible jeweller and one of the world's largest gold and diamond retail chains, announces the launch of its exclusive new collection, 'Swarnakriti'.

1 min

Swati Maliwal assault case: Court seeks response of Bibhav Kumar on plea

A Session court at Tis Hazari, on Monday sought the response of accused Bibhav Kumar in the AAP MP Swati Maliwal assault case on Delhi police's plea.

1 min

Delhi Police busts inter-state gun syndicate, 18 arrested

The Delhi Police has busted an inter-state syndicate of gun dealers and arrested 18 members of the gang in a month-long operation, officials said on Monday.

1 min

Yasin Malik ends hunger strike, receives medical aid: Tihar to HC

The Tihar jail authorities informed the Delhi High Court on Monday that separatist leader and convicted Yasin Malik ended his hunger strike on November 8, 2024, and is being provided with the necessary medical treatment in accordance with jail rules.

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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