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.
At its analyst meet, LTIMindtree (LTIM) highlighted the proliferation of AI across the value chain and the company's readiness to capitalize on this new opportunity. AI is fundamentally transforming the way clients and system integrators are functioning, and LTIM aims to be at the forefront of this change. The company's pivot to AI - AI in everything, everything for AI, and AI for everyone - has started reaping benefits, with AI now being a key part of the recent deal wins. The management outlined its goals -- revenue of USD10bn with a strong foundation, well scaled verticals, marquee client base, deep horizontal capabilities, and strong partnerships -- as being essential pillars of this journey. Along with its ~1.5x faster than industry revenue growth ambitions, LTIM continues to aspire for achieving 17-18% EBITM. Outlook Discretionary spend has not yet returned and, with the US elections now out of the way, clients will finalize their budgets in coming months; this should provide better visibility for FY26 revenue growth. We maintain REDUCE and TP of Rs6,100 at 28x Sep-26E EPS. For all recommendations report, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Sanand (Gujarat) [India], April 1 (ANI): Industrial production in Gujarat's Sanand GIDC has declined following an increase in commercial LPG cylinder prices, with units reporting disruptions due to fuel shortages, an industry representative said. Ajit Shah, President of Sanand GIDC, said, "There has been a decline in production. For instance, if my production output today stands at 100 units, it has now dropped to around 80 units." Also Read | CBSE Rolls Out Curriculum on Computational Thinking, AI for Classes 3-8 From 2026-27 Academic Session. He attributed the slowdown to supply issues af ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
MUMBAI, India, Nov. 13, 2025 /PRNewswire/ -- Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of business process management services and an RP-Sanjiv Goenka Group company, has been recognized as a 'Leader' for the second consecutive year in Avasant'sMortgage Business Process Transformation 2025 RadarView™ recognizing the strength of its US-based mortgage arm, Sourcepoint, Inc., in driving technology-led transformation across the sector. Avasant's Leaders are organizations that demonstrate consistent excellence across practice maturity, domain ecosystem, and i ...Read More >
New Delhi: PwC India's report, titled Global Entertainment and Media Outlook 2024-28: India Perspective, brings promising insights into the country's showbiz industry. The report reveals that Indian entertainment and media industry is projected to surpass the global growth rate of 4.6 per cent by achieving a compound annual growth rate (CAGR) of 8.3 per cent. It is on its way to reaching a market size of Rs 365,000 crore (USD 44.2 billion) by 2028. So, where does India rank globally? The United States currently leads the market by revenue, followed by China. India, on the other hand, holds th ...Read More >
Ahmedabad: Prime Minister Narendra Modi on Tuesday inaugurated Kaynes Technology's semiconductor manufacturing facility in Sanand, Gujarat and said India is strengthening its role as a reliable semiconductor supplier in the global market. He said the inauguration of the facility strengthens India's push towards self-reliance, which marks a landmark step in building a robust semiconductor ecosystem. Modi also launched and dedicated multiple infrastructure projects across Gujarat worth over ₹20 ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
New Delhi: The promise of Artificial Intelligence (AI) is not only real, but it is an economic necessity. Recently, NITI Aayog and the Niti Frontier Tech Hub published a report titled "AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth", outlining the clear case for AI helping India to close its growth gap and meet its aspirational 2047 Viksit Bharat goal of becoming a developed economy. The report concludes that if India continues on its growth trajectory of 5.7%, the country's GDP is likely to reach $6.6T by 2035. However, with its acceleration, which has been made possib ...Read More >
Investing.com -- Moody's Ratings has affirmed the Government of India's long-term local and foreign-currency issuer ratings and local-currency senior unsecured rating at Baa3, maintaining a stable outlook. The rating agency also confirmed India's short-term local-currency rating at P-3. According to Moody's, the affirmation reflects India's credit strengths, including its large and rapidly growing economy, sound external position, and stable domestic financing base for ongoing fiscal deficits. These strengths provide resilience against adverse external trends, particularly as high US tariff ...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 >
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 >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country growing focus on strengthening its position in the global semiconductor value chain. The govt stated The gl ...Read More >
New Delhi [India], October 27 (ANI): United Arab Emirates (UAE) Land Forces Commander Major General Yousef Maayouf Saeed Al Hallami received a ceremonial Guard of Honour at the South Lawn in New Delhi on Monday, marking the start of his official visit to India. Chief of the Army Staff, General Upendra Dwivedi, was present during the ceremony. Also Read | LTIMindtree Secures Over USD 100 Million Multi-Year IT Deal With Leading US-Based Chemicals and Polymers Manufacturer. In an X post, the Indian Army wrote, " Major General Yousef Maayouf Saeed Al Hallami, Commander of the United Arab Emirat ...Read More >
New Delhi, July 11 (SocialNews.XYZ) The UK India Business Council (UKIBC) on Friday highlighted opportunities, challenges and recommendations to deepen bilateral cooperation between the UK and India in the defence sector. The UKIBC report is of the view that UK firms which invest in long-term partnerships with Indian companies, local capability, and joint innovation will be best placed to succeed India's fast-growing defence ecosystem. The report titled "Unlocking strategic defence opportunities: UK-India engagement," aims to identify opportunity gaps that are hindering UK firms in India. To ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when intoxicated. As per police, Shamma was addicted to ganja. On the fateful night, he against pressuri ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy as the feast was organised in the month of saawan. Although Lalan Singh made separate arrangements ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Easy Ship fees by over 20 per cent for products priced below Rs 300. Easy Ship allows sellers to stor ...Read More >
Jumbotail, a business-to-business (B2B) marketplace for food and grocery products, on Monday said it has raised $120 million in a funding round led by Standard Chartered's investment arm SC Ventures. The latest fundraise, which also saw participation from existing investors including Artal Asia, brought Jumbotail's total capital raised to $263 million. Earlier this year, Jumbotail acquired Solv, an online B2B platform facilitating MSMEs to sell their products to retailers and other businesses, which is operated by SCRTIPL (Standard Chartered Research and Technology India Pvt Ltd). Founded i ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
The World Bank also raised its FY26 projection to 6.5%. Despite a downgraded global growth outlook, the IMF now considers India a key engine for global growth, affirming its economic significance. New Delhi [India]: The International Monetary Fund (IMF) on Tuesday revised India's growth forecast for the fiscal year 2025-26 (FY26) upward to 6.6%, a 0.2 percentage point increase from its previous estimate of 6.4%. This revision is largely due to India's strong growth momentum in the first quarter ...Read More >
BusinessWire India Mumbai (Maharashtra) [India], November 3: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has partnered with the International Film Festival of India (IFFI) and the National Film Development Corporation (NFDC), under the Ministry of Information and Broadcasting, to launch India's first Artificial Intelligence (AI) Film Festival and Hackathon. The initiative will be held from November 20 to 28, 2025, during the 56th edition of IFFI in Goa. The International Film Festival of India (IFFI), since its inception in 1952, has be ...Read More >
Mumbai (Maharashtra) [India], November 3: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has partnered with the International Film Festival of India (IFFI) and the National Film Development Corporation (NFDC), under the Ministry of Information and Broadcasting, to launch India's first Artificial Intelligence (AI) Film Festival and Hackathon. The initiative will be held from November 20 to 28, 2025, during the 56th edition of IFFI in Goa. Also Read | 'Jatadhara' Pre-Release Event: Sudheer Babu's Electrifying Fan Frenzy Takes Hyderabad By Sto ...Read More >
Silicon Sanand: PM Modi Accelerates India's Global Chip Ambitions With Inauguration of New Second Semiconductor Unit Thursday, April 02, 2026 by Indian Defence News Prime Minister Narendra Modi has formally inaugurated India's second major semiconductor facility in Sanand, Gujarat, marking a significant acceleration in the nation's journey towards technological self-reliance. This new facility, operated by Kaynes Semicon, represents a strategic cornerstone of the India Semiconductor Mission and is designed to address the burgeoning global demand for advanced electronic components. The plant ...Read More >
'Decisions on talent and rewards have shifted as employees and companies are operating in a buyer's market across most skill categories.' Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Salary hikes trend 2026 Average salary increments across India Inc are expected to remain largely stable at 9.1 per cent in 2026, marginally higher than the 9 per cent increase recorded in 2025, according to the Deloitte India Talent Outlook 2026 rep ...Read More >
New Delhi [India], November 16 (ANI): Nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live while 23 per cent are in pilot stage, marking a decisive shift from pilots to performance, as per a latest EY-CII report. According to the report titled 'Is India ready for Agentic AI? The AIdea of India: Outlook 2026', Indian enterprises are demonstrating strong confidence by embedding AI into core business workflows to deliver measurable results. Notably ...Read More >
Speaking at the CII Smart Manufacturing Summit in New Delhi, Huddar said, "The vision of Viksit Bharat targets manufacturing contributing 25 percent of GDP by 2047, but under current trajectories India would fall short by about USD 5.1 trillion." New Delhi: India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning th ...Read More >
ASTER DM Healthcare (ASTERDM) board has approved merger with Quality care that makes them third largest healthcare chain by revenue and bed capacity in India. The deal was transacted at swap ratio of 57.3: 42.7 in favor of Aster shareholders. We believe transaction was done at 26% premium from ASTERDM relative to Quality Care despite similar pre IND AS EBITDA adjusted for minority based on FY25E, which is justified and done at fair value in our view given higher growth profile for AsterDM. Our back of envelope calculation suggest ~Rs20bn EBITDA in FY27E vs Rs10.8bn in FY24 for combined entity ...Read More >
New Delhi [India], July 17 (ANI): Taiwan Semiconductor Manufacturing Company (TSMC), the world largest contract chipmaker on Thursday reported strong financial results for the second quarter of 2025, with the company profit surging 61 per cent as accelerating demand for advanced semiconductor technologies, particularly in artificial intelligence (AI) and high-performance computing (HPC) continued to drive performance. Commenting on the results, Wendell Huang, Senior Vice President and Chief Financial Officer of TSMC, said, Our business in the second quarter was supported by continued robust A ...Read More >
Lucknow (Uttar Pradesh) [India], August 3 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath is closely monitoring the flood situation in Uttar Pradesh, issuing timely directives to ensure effective relief efforts. Acting on his instructions, state ministers are inspecting affected areas, while Relief Commissioner Bhanu Chandra Goswami informed that floods have impacted 37 tehsils and 402 villages, affecting 84,392 people. Of these, 47,906 have received assistance, and 2,759 animals have been shifted to safer locations. Also Read | Tejashwi Yadav Asked To Produce His '2nd' Voter ID Card a D ...Read More >