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.
BENGALURU: Brookfield Asset Management will sell its Australian retirement home operator Aveo to The Living Company for A$3.85 billion ($2.5 billion), the Canadian company said on Thursday. Aveo owns a portfolio of more than 10,000 units located across Queensland, Victoria, New South Wales and Tasmania. Since acquiring Aveo in 2019 for an equity value of about A$1.27 billion, Brookfield simplified the platform's customer contracts and invested more than A$500 million across the business. "Aveo is a prime example of the operations-led turnaround investing that we excel at," said Lowell Baron, Brookfield Real Estate CEO, and added the company plans to invest further in the living sector across Asia Pacific due to favorable market dynamics. The Living Company is the parent of Scape Australia, the country's largest student accommodation owner and operator. The deal is expected to be completed in the third quarter of 2025.
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 : Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India today unveiled and launched its much-awaited all-new 3 Generation Honda Amaze. This marks the global debut of the new generation Amaze in India, a key market for Honda globally and the first country to launch the new model. The all-new Amaze will be available at an introductory price range of Rs 7,99,900 - Rs. 10,89,900 (ex-showroom, Delhi); valid till 45 days from launch. The stylish and premium compact sedan has been designed to offer an OUTCLASS and delightful sedan experience that meets the aspirations ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
Bengaluru : As generative AI becomes essential to business operations, organizations are being forced to rethink outdated infrastructure models, finds a new IDC research paper commissioned by Akamai Technologies (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online. According to the research paper titled "The Edge Evolution: Powering Success from Core to Edge," Asia-Pacific (APAC) enterprises are realizing that centralized cloud architecture alone is unable to meet the increased demands of scale, speed, and compliance. It is crucial that busines ...Read More >
ServiceNow Inc. (NYSE:NOW) is one of the 10 Stocks Leaving the Market in the Dust Today. ServiceNow jumped by 5.59 percent on Monday to close at $104.97 apiece, as investors resorted to bargain-hunting after the previous session's fall to be just a few cents shy of its 52-week low. Last Friday, ServiceNow Inc. (NYSE:NOW) fell to $98.34, or just 34-cents shy of its 52-week low of $98, after tracking last week's broader market pessimism. Photo by Yan Krukov on Pexels Further dragging sentiment ...Read More >
New Delhi : Coursera, Inc. (NYSE: COUR), a leading online learning platform, today announced the appointment of Ashutosh Gupta as Managing Director for India and Asia Pacific. In this role, he will lead Coursera's enterprise business across the region, working closely with companies, campuses, and governments to equip students, citizens, and employees with skills for the digital economy. "Ashutosh's deep experience in the region and his work with mission-driven organizations make him an ideal leader to drive Coursera's next phase of growth in Asia Pacific," said Karine Allouche, General Manag ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): India's benchmark indices staged a sharp rebound at the opening bell on Wednesday, tracking a relief rally in global equities amid easing geopolitical tensions. The BSE Sensex opened at 73,630.84, surging 1683.29 points or 2.34% at 9:17 am, compared to its previous close of 71,947.55 on Monday. Similarly, the NSE Nifty 50 began the session at 22,823.05, up 491.65 points or 2.20%, after ending Monday at 22,331.40. Also Read | Stock Market Today: Massive Rally as Sensex Jumps to 73,762, Nifty Up 567 Points Amid Iran War De-Escalation Hopes. In the ...Read More >
New Delhi, Jul 1 (PTI) REA India, which owns Housing.com and PropTiger, has appointed Praveen Sharma as its new Chief Executive Officer (CEO). Sharma had earlier worked in Paytm and Google. On April 3, Dhruv Agarwala resigned as CEO of REA India to pursue his own entrepreneurial journey. In a statement on Tuesday, Australia's REA Group said "Praveen Sharma has been appointed Chief Executive Officer of REA India and will join REA Group's Executive Leadership Team." Sharma has an experience of 25 years in senior management roles across technology, digital, media and advertising in India and A ...Read More >
New Delhi [India], July 5 (ANI): AIonOS, a global enterprise AI company and a joint venture between InterGlobe and Assago Group, has made a strategic investment in Cloud Analogy. Cloud Analogy is a major Salesforce consulting partner known for its strong expertise in working across multiple cloud platforms and successfully delivering Salesforce solutions to businesses around the world. According to a release, this investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with A ...Read More >
Bengaluru: India ranks among world's top 10 tech markets in 2025, particularly standing out in terms of talent availability, with its top six cities making the top 10 list for tech talent acquisition in the Asia-Pacific region, a report showed on Thursday. The Asia Pacific region is gaining momentum as a global tech talent hub, being home to three of the world's top 10 locations - Bengaluru in India, Tokyo in Japan and Beijing in China, said the report from Colliers. "India is a powerhouse of tech talent and a key player in the global innovation ecosystem, supported by availability of skille ...Read More >
MUMBAI: Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) & Managing Director (MD) of the Manager of the Real Estate Investment Trust (REIT). The current MD & CEO Alok Aggarwal will continue until June 30 and the appointment of Jain will be effective from July 1, the REIT said in a statement. Jain is joining the REIT from PwC India where he co-leads the deals practice. He has 25 years of experience working in leadership roles across real estate, private equity and mergers and acquisitions advisory. Also Read: India's real estate PE inflows j ...Read More >
Kolkata, Apr 2 (PTI) Software major Autodesk and Durgapur-based Pinnacle Infotech Solutions on Thursday signed an MoU to jointly accelerate digital transformation across the architecture, engineering, construction, and operations (AECO) sector. The partnership aims to combine Autodesk's cloud-based platforms with Pinnacle Infotech's digital design and engineering services to drive integrated workflows, improve project coordination, and advance the adoption of digital twin and connected construction technologies. "Our collaboration with Autodesk strengthens our ability to scale digital delive ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
Bharti Airtel has partnered with IBM to offer the tech firm's services on its new cloud platform, aiming to meet growing demand for computing capacity driven by AI and data storage needs. This collaboration will allow Airtel Cloud customers to deploy IBM's AI-ready servers in regulated sectors. - India's second-largest telecom operator Bharti Airtel has partnered with IBM to offer the American tech firm's services through its recently launched cloud platform, the companies said on Wednesday as d ...Read More >
Bengaluru (Karnataka) [India], October 16: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $5,076 million in Q2 revenues, year on year growth of 2.9 and sequential growth of 2.2 in constant currency. Operating margin was at 21.0. Free cash flow generation was strong at $1.1 billion, 131.1 of net profit. TCV of large deal wins was $3.1 billion, with net new of 67. Employee headcount increased by 8,203. Second consecutive quarter of strong performance. Revenue growth of 2.2 sequentially in Q2 and 3.3 in H1 in CC; Large d ...Read More >
India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%. Infosys on Thursday beat analyst estimates with a 13.2% year-on-year and 6.4% sequential increase ...Read More >
Delhi's Khan Market has slipped to 24th globally in expensive retail locations, though it remains India's priciest high street. London's New Bond Street now leads the world. Indian high streets show remarkable resilience, attracting brands due to rising affluence and limited mall supply, driving significant rental growth in cities like Gurugram and New Delhi. Delhi's upscale Khan Market rank slipped one notch to 24th in a global list of the most expensive high-street retail locations, with an an ...Read More >
Mumbai, Dec 18 (PTI) Jobs and talent platform and a Quess company, foundit, on Wednesday announced the appointment of V Suresh as its Chief Executive Officer. With over two decades of experience in the internet domain, digital transformation, and the e-recruitment ecosystem, Suresh brings a wealth of strategic expertise and a forward-looking vision to foundit (formerly Monster APAC and ME), the company said in a statement. "Suresh's deep understanding of the digital talent ecosystem and proven ability to scale businesses will help us strengthen our leadership position in the market. Under hi ...Read More >
Gurugram : AIonOS, a global leader in enterprise AI; a joint venture between InterGlobe and Assago Group, today announced a strategic investment in Cloud Analogy, a Salesforce Summit Consulting Partner recognized for its deep multi-cloud expertise and strong track record of Salesforce implementations across global enterprises. This investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with AIonOS's AI-led Customer Experience practice, the combined entity will deliver intellig ...Read More >
Chennai -- In a landmark development poised to transform India's sports entertainment landscape, Prasar Bharati, the national public broadcaster, has signed a strategic Memorandum of Understanding (MoU) with AEx SPORT, the sports innovation vertical of UK-headquartered AdiGroupe, to broadcast Global League Wrestling (GLW) -- the first professional wrestling league of its kind in India and the Asia-Pacific region. This unique collaboration brings together the expansive national reach of Prasar Bharati -- across both television, digital platforms and radio -- and the global branding, content, p ...Read More >
Meghan Thurlow, President of GE Aerospace Foundation and Global Head of Public Affairs at GE Aerospace, addresses a press conference at the launch of the Next Engineers programme in India, in Bengaluru on September 24, 2025. GE Aerospace Foundation has expanded its global career-readiness programme, Next Engineers, that is aimed at building a pipeline of STEM talent, to India by launching the initiative in Bengaluru, on September 24. The expansion of Next Engineers to Bengaluru would help incre ...Read More >
India Maritime Week 2025: World's largest maritime gathering begins on Monday in Mumbai, Adani Ports to sign several MoUs with multiple Port Authorities The Ministry of Ports, Shipping and Waterways (MoPSW) is gearing up to host India Maritime Week 2025 (IMW 2025) from October 27 to 31 at the NESCO Grounds in Mumbai. According to a statement by the Ministry of Ports, Shipping and Waterways, this will be the largest maritime gathering globally, bringing together key stakeholders from across the maritime ecosystem. The event will see the presence of industry leaders, policymakers, and stakehold ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) GenAI continued to dominate India's learning patterns in 2025, with the country recording three GenAI enrollments every minute, according to a report. The report by global online learning platform Coursera, based on insights from more than 32.8 million registered learners, showed that India contributed to more than 3.6 million enrollments, the highest globally. It noted that 2025 saw strong nationwide momentum across GenAI, data, cybersecurity, and core professional skills, reflecting India's rapid transition toward a digital and AI-ready workforce. Indian ...Read More >
India's total data centre (DC) stock across major cities is projected to increase by 30 per cent year-on-year in 2026, supported by an estimated 500 MW of new supply, according to CBRE. The sector has also seen a sharp rise in investments, totalling $56.4 billion in 2025 alone, bringing the cumulative total to $126 billion. The investments are expected to increase by approximately 45 per cent year-on-year to exceed $180 billion in 2026. Data centres have, for the first time, been classified as a mainstream asset class, emerging as the fourth most-preferred sector for investors in APAC. Whil ...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 >
Hyderabad: Databricks, the Data and AI company, announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Thrive Capital. Along with Thrive, the round is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management. Other significant participants include existing investor Ontario Teachers' Pension Plan and new investors ICONIQ Growth, MGX, Sands Capital and Wellington Management. The company has seen increased momentu ...Read More >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | New Cheque Clearing System: Banks To Clear Cheques Within Few Hours Starting October 4, Announces RBI. ...Read More >
Bengaluru: Apple Inc is expanding its India presence, having leased several office and retail store spaces across Mumbai and Bengaluru over the last two years, underscoring the country's growing importance as both a consumption hub and manufacturing base for the iPhone maker. According to lease documents reviewed by ET, Apple and its partners have leased or committed to leasing almost a million square feet of prime real estate in marquee business districts and shopping centres since 2023. These ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) India's office market has emerged as the undisputed growth engine of the Asia Pacific region, accounting for 44 per cent of net new supply and a commanding 61 per cent of total net absorption in the April-June period this year (Q2 2025) -- far ahead of regional peers, including the Chinese mainland and Southeast Asia, a report said on Monday. The Indian market has consistently led in both net new supply and net absorption over the past decade. "In Q2 2020, India contributed 26 per cent of net new supply and 30 per cent of net absorption, while in Q2 2015, t ...Read More >
The company had logged a net profit of ₹73.33 crore in the same period a year ago. New Delhi: Domestic telecom gear maker HFCL posted a decline of 1.72% in consolidated profit after tax to ₹71.92 crore for the second quarter ended September 30, 2025. The company had logged a net profit of ₹73.33 crore in the same period a year ago. However, HFCL business has shown recovery from loss of ₹29.30 crore in the previous quarter. "The strong recovery in margins and profitability, combined wi ...Read More >