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.
Forbes contributors publish independent expert analyses and insights. You're face-down on a heated jade bed, with a hint of Azorean lavender in the air, when it hits you: Your phone hasn't buzzed in 20 minutes. Above you, floor-to-ceiling windows frame the Four Seasons Hong Kong's infinity pool, its turquoise water merging with Victoria Harbour's glittering skyline. It's the kind of view that could make even the most type-A CEO exhale. This is the Ignae Digital Detox Retreat -- a 120-minute as
YORK, UK - In a move to strengthen its position in the equine health market, Animalcare Group Plc (AIM: ANCR) has announced the conditional acquisition of Randlab, a prominent Australian equine veterinary business. The deal, valued at A$120 million (approximately £62.2 million), is expected to significantly boost Animalcare's earnings in 2025. The purchase agreement, involving Animalcare's newly formed subsidiary Animalcare Australia Pty Ltd, encompasses Randlab's entire issued share capital, including its New Zealand and Middle Eastern operations. The acquisition is financed through a combin ...Read More >
MUMBAI (Reuters) -Billionaire Mukesh Ambani-led Reliance Group and U.S.-based BlackRock have received approval from India's markets regulator to start operations for their mutual fund business, the Indian company said on Tuesday. Jio Financial Services, a part of the Reliance Group, had in July 2023 announced the formation of a 50:50 joint venture with the world's largest asset manager to launch asset management services in India. The JV, Jio BlackRock Asset Management, plans to launch a range of investment products in the coming months based on a "digital first" approach for retail and inst ...Read More >
Kerala Sports Minister V. Abdurahiman on Saturday asserted that Argentina, led by Lionel Messi, will visit the state as announced by the government earlier, and that the sponsor has paid the match fee for the event. He said the World Cup winner is likely to come in October or November this year, and they would be treated as state guests. The government would meet their security, accommodation and other facilities. The news would come as a fresh ray of hope for football fans in one of India's surviving football hubs. Earlier, several media reports had claimed that Argentina's scheduled visit ...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, Jul 6 (PTI) The All India Football Federation on Sunday announced a reward of USD 50,000 for the senior Indian women's team following their historic qualification for the AFC Women's Asian Cup for the first time through the qualifiers. The Blue Tigresses delivered a flawless campaign, winning all four matches convincingly to seal their spot at the AFC Women's Asian Cup Australia 2026. Also Read | Did Akash Deep Clean Bowled Joe Root on No-Ball During IND vs ENG 2nd Test 2025? Here's All You Need To Know About MCC Law's Regarding Controversial Dismissal. India's last appearance at ...Read More >
New Delhi [India], July 7 (ANI): The All India Football Federation (AIFF) announced a reward of USD 50,000 for the Senior Indian Women's National Team following their outstanding performance in the AFC Women's Asian Cup Qualifiers held in Thailand on Sunday, according to a release from AIFF. The Blue Tigresses delivered a flawless campaign, convincingly winning all four matches. India recorded emphatic victories over Mongolia (13-0), Timor-Leste (4-0), and Iraq (5-0) before clinching the group stage with a crucial 2-1 win against the higher-ranked hosts, Thailand. While the results may have ...Read More >
Shillong, July 7: Football fever is set to grip Shillong once again as the Jawaharlal Nehru Stadium gears up to host Group E matches of the 134th edition of the prestigious Durand Cup. Local favourites Shillong Lajong FC will kick off their campaign on July 26 against the Foreign Services Team, marking the city's return as a key venue in India's oldest football tournament. Adding further excitement to the local calendar, Shillong will witness a high-voltage derby clash between city rivals Shillong Lajong FC and Rangdajied United FC on July 29 -- a match expected to draw massive local support ...Read More >
Thiruvananthapuram, June 7 (UNI) Amid swirling speculation over the possible cancellation of an exhibition match involving global football icon Lionel Messi, Kerala Sports Minister V Abdurahiman on Saturday reaffirmed that the much-anticipated event is very much on. "World Champion Argentina football team will visit Kerala," the minister said in a social media post, adding that Messi -- fondly known as King Leo -- is confirmed to participate in the match. His clarification comes in the wake of reports suggesting uncertainty around the event, prompting concern among fans and stakeholders. The ...Read More >
Ludhiana, Jun 8 (PTI) Punjab Congress president Amrinder Singh Raja Warring on Sunday asserted that his party will win the Ludhiana West assembly bypoll, scheduled to be held on june 19, with a "record margin". "Congress practically has no competition here", he claimed. Warring, who is also the Ludhiana MP, said that the ruling Aam Aadmi Party (AAP) was badly mistaken that the Congress would allow it to abuse power and misuse the official machinery for the elections. "First of all, we will not let any misuse of the official machinery and second, in case any official is found to be misusing ...Read More >
New Delhi, July 2 (SocialNews.XYZ) The All India Football Federation have mutually parted ways with national team head coach Manolo Marquez after his tenure saw India fall down to 127 in FIFA rankings. The AIFF executive committee met on Wednesday and approved the decision as per reports. His exit follows after AIFF President Kalyan Chaubey had confirmed that Marquez's tenure will be under review at the said meeting. Despite a poor run of results, concerns finally arose after India's poor start to the AFC Asian Cup Qualifiers as the men in blue played out a draw against Bangladesh in the ope ...Read More >
Kolkata: Another win for Mohun Bagan Super Giant, another small step towards the league shield of the Indian Super League (ISL). But viewed in conjunction with where the rest are, the 3-0 win through Liston Colaco's goal between a Jamie Maclaren brace could prove to be a giant stride on way to being the first to retain the shield. With four rounds to spare, Mohun Bagan have booked a play-off berth. They have played nine at home this term and won them all. After 20 matches, Mohun Bagan have 46 points, 12 ahead of Jamshedpur FC, who have two games in hand. Dogged in their resistance till the ha ...Read More >
Nagpur, Jun 8 (PTI) Orange Tigers secured their second win of the Vidarbha Pro T20 League, defeating Nagpur Titans by eight wickets via the D/L Method at the VCA Stadium here on Sunday. Asked to bat, Nagpur Titans posted 153/6 in 20 overs, riding on a well-crafted 52 (38 balls) from Shubham Dubey. Also Read | AFC Asian Cup 2027 Qualifiers: India, Hong Kong Aim To Kickstart Campaign at Kai Tak Stadium. In reply, Orange Tigers reached 116/2 in 13.4 overs, with Rohit Binkar unbeaten on 62 (39 balls), to seal the win via D/L method. Nagpur Titans had a shaky start after losing opener Satyam Bh ...Read More >
Kowloon (Hong Kong), June 8 (UNI) India and Hong Kong, China's meeting on Matchday 2 of the AFC Asian Cup Saudi Arabia 2027 Qualifiers Final Round on June 10 is billed as the highest-stakes clash of Group C as they are the top two ranked sides in the four-team group, and are aiming for the first win of their campaign. Placed in Pot 1 for the qualifiers, India, ranked 127th, got off to a slow start with a draw against Bangladesh in March. Meanwhile, Pot 2 side Hong Kong, ranked 153, could also only manage a point in Singapore, meaning there is still nothing to separate the four sides after th ...Read More >
NEW DELHI, Jun 8: The Indian Premier League needs a 12-16 week operating window to match the brand value of top sporting leagues in the world including the NFL, NBA and Premier League, reckons Punjab Kings co-owner Mohit Burman. At USD 16.8 million, the IPL is only behind NFL (USD 36.8 million) in terms of per-match value but needs to catch up with its global rivals like NFL and leading European football leagues when it comes to the overall brand value pecking order. According to leading investment bank Houlihan Lokey, the IPL is valued at roughly USD 16 billion while one NFL franchise Dalla ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
Akzo Nobel has revealed that its decision to partner with JSW Paints was based on a strategic vision to combine global expertise with strong local execution. The move positions JSW Paints to challenge India's top paint industry players. "We had options. It was really about finding not only the right home for our people but the right partner for our company, and we chose JSW," ET NOW quoted Akzo Nobel CEO Greg Poux-Guillaume as saying, explaining the rationale behind the decision. "It really is a ...Read More >
India's housing market is booming, with 2024 projected to be the best year yet. Over 300,000 homes worth ₹510,000 crore are expected to be sold across the top seven cities, driven by economic growth and infrastructure improvements. Sales in the first nine months already reached nearly 230,000 homes, indicating continued robust demand and rising capital values.India's housing property market continues to remain on a strong footing, with the year 2024 expected to end as the best year ever in term ...Read More >
Coimbatore, Jun 8 (PTI) Nidhish Rajagopal made a fine fifty as SKM Salem Spartans defeated Siechem Madurai Panthers by six wickets in a Tamil Nadu Premier League (TNPL) match here on Sunday. The Spartans bowlers did well to restrict Panthers to 164 for six in 20 overs, courtesy Tamil Nadu pacer M Mohammed's 2 for 27 off fours overs. Also Read | Genoa CFC Extends Head Coach Patrick Vieira's Contract Till 2027. In reply, stylish left-hander Nidhish recorded his sixth TNPL fifty (60, 41b, 7x4, 2x6) and shared a third-wicket stand of 73 off 56 balls with R Kavin (48 not out, 39b, 1x4, 4x6) as S ...Read More >
Mumbai: The Nifty 50 appears firmly on track to challenge its record high from last September after breaking out on Thursday from a one-and-a-half-month range-bound activity. Supported by bullish rollover signals from the June derivatives expiry, the index has turned former resistance into fresh support, even as foreign investors continue to pare equity holdings while domestic institutions keep pouring in funds. On Thursday, the bellwether index rose 1.2% to 25,549 on the expiry of the June series of derivatives, decisively breaching the 24,500-25,200 range that it had been stuck in since mid ...Read More >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
New Delhi, Jun 30 (PTI) About 10 lakh footballs will be distributed to schools across the country to boost participation in football and nurture a strong sporting culture among students, Union Education Minister Dharemndra Pradhan has said. The minister announced this on Sunday at the PM SHRI Kendriya Vidyalaya, Fort William in Kolkata, where he flagged off the distribution of FIFA footballs as part of the Football for Schools (F4S). "Approximately 10 lakh footballs will be distributed to schools across the country, aiming to boost participation in football and nurture a strong sporting cult ...Read More >
Bengaluru (Karnataka) [India], July 1: NBR Group, one of South India's most trusted and progressive real estate developers, has announced the launch of its new premium residential offering-- 'Soul of the Seasons', exclusive 3 BHK apartments at Mullur, off Sarjapur Road, Bengaluru. The project has received approval from RERA (Real Estate Regulatory Authority). Conceptualized around the idea of 'Resort Living, Every Day', the project blends modern urban lifestyles with the rare luxury of open, green spaces--bringing together elegance, community, and conscious living in one of Bengaluru's fastest ...Read More >
BusinessWire India Chennai (Tamil Nadu) [India], July 1: TAFE, one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. The settlement encompasses the following key features: * Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in "Massey Ferguson" and related trademarks and all goodwill associated therewith. * TA ...Read More >
Bengaluru (Karnataka) [India], July 3 (ANI): FC Bengaluru United (FCBU), one of Karnataka's leading football clubs, has reappointed Nallappan Mohanraj as head coach, ahead of the club's preparations for the upcoming domestic season. A respected figure in Indian football, Mohanraj brings back his deep experience as both player and coach. He holds an AFC 'A' Diploma and has previously coached India's U-19, U-20, and U-23 teams, in addition to leading Tamil Nadu to a Santosh Trophy final round after an eight-year gap, as per a press release from FC Bengaluru United. Also Read | WI vs AUS 2nd Te ...Read More >
The honour is part of FIFPRO's Annual Merit Awards that recognise players giving back to their communities. The global soccer players' union will donate $10,000 to Onana's foundation. Manchester United goalkeeper Andre Onana has won the FIFPRO Impact Award for humanitarian work, for the medical care his foundation provides to underprivileged communities in Cameroon and other countries in Sub-Saharan Africa. Doctors have performed more than 1,200 surgical operations over the past three years in collaboration with the 28-year-old's Andre Onana Foundation, which works with medical professionals ...Read More >
Mumbai (Maharashtra) [India], November 28: Pioneering furniture fittings solutions brand Hettich India is proud to announce that it has been officially certified as a Great Place to Work, a recognition that celebrates the company's unwavering commitment to creating an ecosystem where everybody thrives. Also Read | Diljit Dosanjh Concert in Kolkata 2024: Planning to Attend Dil-Luminati Tour, Don't Miss These 5 Must-Try Local Foods. This honor is especially meaningful, with an overwhelming 95% participation from employees helping Hettich India. It reflects a shared commitment to creating a fam ...Read More >
Indian Football: Manolo Marquez has stepped down as head coach of the Indian men's football team, ending his tenure with the national side by mutual agreement with the All India Football Federation (AIFF). The decision was made official on Wednesday following an AIFF Executive Committee meeting held in New Delhi. Although Marquez still had a year left on his contract, he had expressed his desire to exit the role, prompting the federation to accept his request. "The AIFF and Manolo decided to mutually part ways without any financial implications to any of the two parties. So, he is relieved f ...Read More >
Kolkata, Jul 7 (PTI) East Bengal FC will face South United FC of Bengaluru in the opening match of the 134th edition of Durand Cup football tournament at the iconic Vivekananda Yuba Bharati Krirangan here on July 23. The final of the tournament, which will feature 43 matches across six cities, will be held on August 23. The 24 participating teams have been divided into six groups of four teams each. Each team will face the other three once in the group stage. Six group winners and two best second-placed teams will progress to the quarterfinals, which are set to be held on August 16 and 17. ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
Mumbai (Maharashtra) [India], July 7: Smarten Power System Limited (The Company, Smarten) is engaged into designing and assembling of power back-up and solar power products, proposes to open its Initial Public Offering on Monday, July 07, 2025, aiming to raise ₹ 50.00 crores, with shares to be listed on the NSE Emerge platform. The issue will close on Wednesday, July 09, 2025. Also Read | Kannada Actress Bhavana Ramanna Announces Pregnancy at 40, Shares Father's Reaction to Her Decision To Have Twins Without Getting Married. The issue size is 50,00,400 equity shares at a face value of ₹ 10 e ...Read More >