India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
NEW DELHI: In an effort to enhance access to drinking water in public spaces, the Delhi government is set to roll out a pilot project to install 20 water ATMs under a Corporate Social Responsibility (CSR) initiative. The project is aimed at addressing the scarcity of potable water facilities in high-footfall areas such as markets, hospitals, metro stations, and bus terminals. The initiative will be executed on a public-private partnership (PPP) model, with private entities invited to install and operate the ATMs. According to the Delhi Jal Board (DJB), these units will be standalone installations featuring inbuilt water purification systems, reverse osmosis (RO) technology, and cold water dispensers, particularly active from March to October to cater to the summer demand. Each water ATM will have a minimum storage capacity of 500 litres and will be constructed using stainless steel. The units will also be fitted with GPS tracking for real-time location access and displays showing water quality indicators to ensure transparency. The DJB has specified that the operational and maintenance costs of these facilities can be offset by granting advertising rights to the private partners. CM Rekha Gupta, speaking at a public event on Friday, said the project aligns with the government's broader objective of expanding drinking water facilities citywide. In April, Water Minister Parvesh Verma announced the Delhi government would be setting up 5,000 water ATMs across the city.
* Commoditisation and similarity of products and services with competitors will have the most significant impact on how businesses deliver customer experiences over the next two years, according to the latest IDC InfoBrief commissioned by Affinidi * However, businesses who are looking to hyper-personalise their products as a competitive differentiator are facing several obstacles in addressing the privacy-personalisation dilemma, with 56% of them highlighting data collection and management to be a key challenge. * To truly enhance customer experiences through more personalised insights, they m ...Read More >
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta are offloading shares in the OFS. Overall, promoters hold 99.77 per cent stake in the company at present. Since it is an OFS, the company will not receive any proceeds from the IPO. In its draft papers ...Read More >
New Delhi [India], January 31 (ANI): Bharatiya Janata Party (BJP) candidate Parvesh Verma on Friday filed a complaint with ACB against Aam Aadmi Party leader and former Delhi Chief Minister Arvind Kejriwal, alleging corruption concerning Delhi Sports University (DSU). Verma, who is contesting Delhi polls from the New Delhi seat against Kejriwal, in his complaint alleged "corrupt misappropriation of public funds" through "the abuse of official positions to gain wrongful benefits". The complaint has been filed with the Anti-Corruption Branch (ACB) of the Delhi government. Verma's advocate, Vi ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L& ...Read More >
New Delhi, Jun 6 (PTI) The Delhi government has rolled out guidelines for tree officers to enforce certain sections of the Delhi Preservation of Trees Act (DPTA), 1994, officials said. Environment Minister Manjinder Singh Sirsa said Section 8 of the DPTA mandates that no tree shall be felled, removed or disposed of without prior permission from the tree officer. However, it provides an exception for emergency cases, where a tree poses an immediate danger to life, property or traffic, he explained. In such situations, RWAs, land-owning agencies, individuals or responsible agencies may act wit ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
New Delhi, June 7 (PTI) In an effort to rejuvenate the Yamuna, the Delhi government is working on an action plan to improve the environmental flow of the river by increasing water discharge from various sources, officials said on Saturday. Treated water from the Coronation Pillar and Yamuna Vihar Sewage Treatment Plants (STP) will be discharged into the Yamuna downstream at Wazirbarad, for which the Delhi Jal Board (DJB) will develop a conveyance system. The survey work was completed and a detailed project report is being finalised, officials said. E-flow is the minimum quantity of water fl ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
New Delhi [India], June 8 (ANI): Delhi Chief Minister Rekha Gupta on Sunday refuted the rumours regarding slum demolitions and said that no slum would be demolished without first providing permanent housing to its residents. FIRs will be filed, and strict action will be taken against those spreading false information about demolitions, she added. She inaugurated and inspected various development projects in Nehru Camp in Haiderpur, Ekta Camp in Pitampura, and the area near U and V Blocks of JJ Cluster in the Shalimar Bagh Assembly constituency. The Chief Minister also reviewed key works, su ...Read More >
New Delhi: Delhi Jal Board will now be able to independently execute capital-intensive projects without depending on the Delhi cabinet to approve them, chief minister Rekha Gupta said on Saturday.Gupta said the govt has restored the financial powers of DJB, which were taken away by the previous govt in the 2021-22 financial year. This will help in expediting high-cost projects such as the rejuvenation of the Yamuna, sewage treatment, and improvement of regular drinking water supply. She added that the financial powers of DJB's chairperson, chief executive officer, and other senior officials ha ...Read More >
Hindustan Power, under Chairman Ratul Puri, has implemented a CSR initiative to combat water scarcity in rural Uttar Pradesh by installing hand pumps. This program, part of a broader corporate commitment, has significantly improved access to clean water and quality of life for underserved communities since 2022. Hindustan Power, led by Chairman Ratul Puri, is making significant strides in addressing water scarcity in rural Uttar Pradesh through its innovative CSR initiative. Launched in 2022, this program installs hand pumps in water-stressed villages, ensuring clean water for thousands of un ...Read More >
New Delhi, May 20 (SocialNews.XYZ) Vowing to retain sports talent in the city, Chief Minister Rekha Gupta on Tuesday promised to set up a Delhi Sports Council to boost facilities for students and assured enhanced budgetary support for the proposed Delhi Sports University. Speaking at the opening ceremony of Delhi Games 2025, organised by the Delhi Olympic Association, CM Gupta said, "Under the previous governments, there were poor facilities for sportspersons who were forced to go to other states and get themselves registered there. But the new government will change the situation, and for th ...Read More >
New Delhi: The Delhi government has barred hospitals in the national capital from buying medical devices, consumables, equipment and machinery directly, asking them to make all purchases exclusively through the government's e-procurement process. "Direct purchases or cart-based procurement on the GeM (Government-eMarketplace) portal by hospitals are strictly prohibited," the state health ministry said in an order, warning disciplinary or legal action in case of any deviation. The government's Central Procurement Agency (CPA) will "solely" handle all demand and bidding processes, it said. Th ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates advanced systems from leading Indian defence firms, including Bharat Electronics Limited (BEL), L&T ...Read More >
New Delhi, June 27 (SocialNews.XYZ) Delhi Health Minister Pankaj Kumar Singh said on Friday that the government is working to introduce the Public-Private Partnership (PPP) model in 11 hospitals and a transaction adviser is being appointed for the purpose. Speaking to reporters after an inspection at Bawana's Maharshi Valmiki hospital, Singh said the government is committed to implementing the vision of Prime Minister Narendra Modi and address concerns of patients and the doctors. "We have come across some lapses and shortcomings at Maharshi Valmiki Hospital and I have ordered their resoluti ...Read More >
New Delhi [India], June 29 (ANI): The Delhi government has requested Rs 1,000 crore in funding from the Central government to deploy new technology and implement measures aimed at reducing the Air Quality Index (AQI) of the national capital, Minister Parvesh Sahib Singh said on Sunday during an inspection of Nehru Park. Minister Singh visited Nehru Park along with Delhi Environment Minister Manjinder Singh Sirsa, as part of the government's initiative to install air purifiers in the area. Also Read | US: 24-Year-Old Indian Woman Simran Simran Goes Missing Days After Arriving for Arranged Mar ...Read More >
New Delhi, July 1 (SocialNews.XYZ) In a move towards achieving end-to-end digitalisation of the coal exploration value chain, the government on Tuesday said it is set to launch the Exploration Module on the Single Window Clearance System web portal. To be launched through Central Mine Planning and Design Institute Limited (CMPDIL) by Union Coal Minister G Kishan Reddy on July 4, this module will allow allottees to submit their exploration proposals online, which will then be processed and approved by the ministry through the integrated system. The module covers the entire process of Explorat ...Read More >
: The Uttar Pradesh government is now using modern technology, including Artificial Intelligence (AI), drones, and satellites, to stop illegal mining and the illegal transport of minerals in the state. Officials said that more than 21,477 vehicles involved in illegal transport have been blacklisted. To monitor mining vehicles, the state has set up 57 smart check gates with help from the transport department. These gates use AI and Internet of Things (IoT) technology, along with Weigh-In-Motion (WIM) sensors, to detect overloaded vehicles and stop them. The directorate of geology and mining i ...Read More >
In numerous parts of Africa, the struggle for clean drinking water continues due to resource constraints and insufficient infrastructure. Finding and applying affordable water purification techniques is crucial. This article explores various cost-effective methods that can be employed to guarantee the supply of safe drinking water. It focuses on simple and readily available solutions, addressing the needs of communities seeking a sustainable resolution to this critical challenge. One of the cheapest and simplest ways to clean water in Africa is solar disinfection. This method involves filling ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >
New Delhi, Jun 27 (PTI) The Delhi government has directed all district magistrates to conduct regular inspections of night shelters across the city, following reports of serious mismanagement, fake staff and unsafe conditions for residents. Urban Development Minister Ashish Sood chaired a high-level meeting at the Delhi Secretariat on Friday to review the functioning of the night shelters operated by the Delhi Urban Shelter Improvement Board (DUSIB). The meeting, attended by senior DUSIB officials and district magistrates through video-conferencing, was convened a day after the minister cond ...Read More >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
New Delhi, June 30 (SocialNews.XYZ) Delhi Chief Minister Rekha Gupta on Monday said the government is taking concrete steps to make the national capital pollution-free and green. "Public transportation is being rapidly converted to electric vehicles, which will not only reduce pollution but also provide Delhi residents with clean and affordable transportation," said CM Gupta in a post on X. Elaborating on steps being taken to clean the city's air, she said, "Dust pollution is being effectively controlled at construction sites and major roads through technologies like smoke guns and sprinkler ...Read More >
New Delhi, Jul 3 (PTI) Former Delhi minister and AAP leader Satyendar Jain appeared before the Enforcement Directorate (ED) on Thursday for questioning in a money laundering case linked to alleged corruption in the augmentation of some Delhi Jal Board sewage treatment plants, official sources said. Jain, 60, reached the federal probe agency's office here around 11:15 am and his statement was recorded under the Prevention of Money Laundering Act (PMLA), they said. The Aam Aadmi Party (AAP) politician has held portfolios like Health, Industries, Power, Public Works Department, Home and Urban D ...Read More >
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Also Read | Ladki Bahin Yojana January 2025 Instalment Date: When Will Women Beneficiaries Receive INR 1,500 in Maharashtra?. Promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta are offloading shares in the OFS. Overall, promoters hold 99.77 per cent sta ...Read More >
New Delhi, Jun 6 (PTI) The Delhi government has decided to set up thousands of water ATMs and water coolers in the city, including all its schools, Chief Minister Rekha Gupta said on Friday. She inaugurated a water ATM during a visit to a local government school with Water Minister Parvesh Verma in her Shalimar Bagh constituency. "No one should remain thirsty during this summer season. Thousands of Water ATMs will be installed at schools and public places across the capital," she said. Addressing a gathering, Gupta said, service by offering water is a vital part of Indian culture. While wat ...Read More >
Srinagar, Jul 4: Lieutenant Governor (LG) Manoj Sinha Friday said that he was proud to see women breaking barriers in agricultural sciences and technology. In his address at the 6th convocation ceremony of Sher-e-Kashmir University of Agricultural Sciences and Technology, Kashmir (SKUAST-K), the LG said, "Proud to see our daughters breaking barriers and achieving success in Agricultural Science and Technology. It reflects a bright future for J&K and the nation." During the convocation, of the 5250 degrees of undergraduate, master's, and PhD, 2661 degrees were awarded to women, of the 150 stu ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >
New Delhi, Jan 31 (PTI) Prime Minister Narendra Modi Friday launched a sharp attack on the Aam Aadmi Party, accusing it of stalling Delhi's development while treating the city as its "political ATM" to fund its ambitions in other states and using the "looted" money for its own publicity. Addressing a public rally in Dwarka here, he urged people to vote for the BJP in the Assembly polls and allow him to serve them. Modi stressed that Delhi does not need a confrontational government but one that works in coordination with the Centre. The prime minister urged voters to elect a "double-engine go ...Read More >
New Delhi, Feb 3 (PTI) The BJP on Monday assailed the AAP government over water "crisis" in south west Delhi's Bijwasan, highlighting the water pipes being supplied to the homes of the locals through electric poles and influence of water mafia in the area. BJP national spokesperson Sambit Patra during his visit to Bijwasan said there was severe water crisis in the area and the tangled web of pipes of water on the electricity poles expose the 10 year "misrule" of the AAP. "I have travelled across India and many cities around the world but this sight of water flowing through pipes hanging from ...Read More >