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.
MUMBAI/NEW DELHI: Following public backlash over a video showing Air India SATS executives partying in their Gurugram office shortly after the June 12 Air India flight 171 crash, Tata Group has taken disciplinary action against several people.Four senior officials were suspended from Air India SATS, while multiple others were issued a warning, the company said on Friday.The video, which garnered over 3.8 million views on X, captured several executives dancing with loud music playing during a cele
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
New Delhi, Dec 4 (VOICE) Aadit Palicha, Co-founder and CEO of Zepto, on Wednesday said he is not against work-life balance and even recommends it to his competitors. Palicha's statement comes even as a viral post, on the American social media platform Reddit, accused the quick e-commerce platform of toxic work culture. "I have nothing against work-life balance. In fact, I recommend it to all our competitors :)," said the 22-year-old CEO, in a post on social media platform X. The Reddit post, by an anonymous user, alleged that Zepto's working environment was "toxic", with employees working ex ...Read More >
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer lost his father when he was just one year old. His four older brothers and mother worked tirelessly t ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
Mumbai: Panic ensued in a ladies' compartment of a Mumbai local train after a naked man entered the coach. The incident occurred around 4 pm on Monday when the AC local was traveling from Chhatrapati Shivaji Maharaj Terminus (CSMT) to Kalyan. The man, who reportedly boarded the train at Ghatkopar station, caused chaos as women passengers called the TC, who eventually pushed the man out of the train at the next station. Despite being asked repeatedly to leave, the man refused to deboard. A video of the incident has gone viral on social media, showing women passengers shouting at the man to d ...Read More >
New Delhi, Dec 31 (IANS) The year 2024 has been historic for Indian startups as the government abolished the angel tax (a tax levied on investing in startups), which improved Indian startups' funding and enabled them to raise more than $12 billion. Along with this, food delivery company Zomato managed to make its place in the Sensex, the index of top companies in the country. Indian startup companies crossed the magical figure of getting $150 billion in funding in 2024. Between 2014 and 2024, new-age tech companies raised more than $151 billion in funding. Startups raised the highest funding ...Read More >
Aishwarya Rai recently attended the Global Women’s Forum in Dubai, where her name appeared without the "Bachchan" surname, sparking social media buzz amid ongoing divorce rumors with Abhishek Bachchan. Speculations intensified after Aishwarya attended a wedding solo with daughter Aaradhya, while Abhishek was elsewhere with his family. Rumors also linked Abhishek to actress Nimrat Kaur. Breaking his silence, Amitabh Bachchan addressed these rumors through a blog post, urging readers not to believe unverified information marked by "question marks," emphasizing the harm of baseless speculation. T ...Read More >
The family of a 25-year-old Air India pilot, who died by suicide at her Mumbai home, alleged that her boyfriend used to humiliate her and extort money from her. Aditya Pandit, 27, was arrested on Wednesday on charges of abetment to suicide. Srishti Tuli was found dead at her rented accommodation in Mumbai's Marol after an argument with her boyfriend over the phone. She allegedly used a data cable to hang herself. ALSO READ: 'Can't Be Divided Or Silenced': Hemant Soren's Dig At BJP Before Taking Oath As Jharkhand CM Pandit told police that he rushed to Tuli's flat, which was locked from the ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
Melbourne: A celebrity and "public relations maven" from Australia Roxy Jacenko has said she regrets turning her daughter, Pixie Curtis, into a child social media influencer. The 13-year-old's Instagram account had long been used by her mother to generate income via brand sponsorships and online businesses such as Pixie's Bows and Pixie's Toys. But Jacenko is now saying the money wasn't worth the negative effects of Pixie's public persona, which included being bullied at school. This admission, along with the government's decision to ban social media for under-16s, is a timely reminder for p ...Read More >
Shiva, recently released from jail after nine months, celebrated by dancing outside the gate, captivating police and a lawyer. He was imprisoned for assault and failed to pay a fine. An NGO aided him with legal support, and he vowed to avoid crime in the future. A man broke into a dance right outside the jail gate to celebrate his release after nine months of imprisonment. Impressed by his unique style of celebration, senior police officials and a lawyer were seen in a viral video sharing his happy moment and applauding his performance. According to an NDTV report, the man has been identifi ...Read More >
MS Dhoni stole the show with his charming presence and enthusiastically matched the steps with his fellow dancers. It has hardly been a week since MS Dhoni broke the internet with his pout selfie. The former Indian captain has once again gone viral for a video that captured him dancing to a folk song along with his wife Sakshi and some friends. The clip is claimed to be from a wedding ceremony in Rishikesh. Joined by some local folk artists, Dhoni was seen grooving to the beats of the popular "pahadi" song- Gulabi Shahara. The former World Cup winning-skipper stole the show with his charming ...Read More >
Mumbai: In his brother-in-law Siddharth Chopra's pre-wedding celebrations, American popstar Nick Jonas was seen performing the song "Maan Meri Jaan (Afterlife)" and his wife Priyanka Chopra grooving to several Bollywood numbers. Videos from the sangeet ceremony are doing the rounds. A video showcases Priyanka shaking-a-leg on her songs such as "Darling" from her film "7 Khoon Maaf", "Dil Maange More" and "Dhan Te Nan" to name a few. A clip showed Nick performing "Maan Meri Jaan (Afterlife), which was released almost a year ago. Nick was then joined by his father, Kevin Jonas, who sang popula ...Read More >
New Delhi: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline the regulations for wet-leasing of planes to assist in the growth of the aviation. "Realities of the ...Read More >
Viral video shows AI cameras spotting a herd of elephants. (Photo: X/susantananda3) Elephants in Odisha's forests often face the threat of train collisions on railway tracks, as highlighted by multiple reports over the years. To prevent such accidents, authorities installed four AI cameras in the Rourkela Forest Division. A post on X (formerly Twitter) by Susanta Nanda, a retired Indian Forest Service officer, stated that the use of AI cameras effectively averted another potential accident. In t ...Read More >
It seems like the lady has found love again. Reports suggest that Malaika Arora has started seeing fashion stylist Rahul Vijay, and here's everything you need to know about him and their growing romance. Malaika Arora seems to have found love again months after breaking up with Arjun Kapoor. The diva recently attended AP Dhillon's Mumbai concert with a mystery boy and the internet quickly recalled that he was the same guy Malaika was spotted with last week on a dinner date. This time, Arora even ...Read More >
The Andhra Pradesh government inked a Memorandum of Understanding (MoU) with Google. The tech giant will launch its operations from Visakhapatnam in the State. Making the announcement at the district collectors' conference on Wednesday, Chief Minister N. Chandrababu Naidu said HRD Minister Nara Lokesh's efforts have paved the way for this. The MoU was a significant development and would be a game changer. Visakhapatnam is poised for transformative growth, Mr. Naidu said. The chief minister, in ...Read More >
India's Indigenous Light Tank: A Key Weapon System For High-Altitude Combat Friday, December 13, 2024 by Indian Defence News India's indigenous light tank, Zorawar, represents a significant advancement in the country's defence capabilities, particularly for operations in high-altitude regions. Developed by the Defence Research and Development Organisation (DRDO) in collaboration with Larsen & Toubro (L&T) and supported by various Micro, Small, and Medium Enterprises (MSMEs), the Zorawar is designed to meet the operational demands highlighted during the 2020 standoff with China in Eastern Lada ...Read More >
Bengaluru, Dec 14 (UNI) The tragic suicide of 34-year-old tech professional Atul Subhash has led to the arrest of his estranged wife and her family members in connection with allegations of harassment, extortion, and financial abuse. Subhash, a resident of Manjunath Layout in Bengaluru, was found dead in his apartment on December 9, leaving behind a 25-page suicide note. In the note, he accused his wife, Nikita Singhania, and her family of subjecting him to relentless emotional and financial distress during their ongoing divorce proceedings. Following a complaint filed by Atul's brother, Bik ...Read More >
The incident was reported on Monday afternoon at the Ghatkopar railway station. Railway police officials said the man is mentally unstable. Passengers in the women's compartment of a suburban train in Mumbai were left shocked when a naked man climbed on board and had to be removed by a railway staff. The incident was reported on Monday afternoon at the Ghatkopar railway station, when the man climbed the Kalyan-bound AC local train. Despite women passengers raising an alarm, the man did not deb ...Read More >
New Delhi: Samay Raina's India's Got Latent is facing legal trouble after contestant Jessy Nabam's controversial remarks about dog meat went viral on social media. An FIR alleged that her comments "disrespected" Arunachal Pradesh's indigenous community. During a conversation with Samay Raina, when asked if she had ever eaten dog meat, Jessy stated that it is common in Arunachal Pradesh, though she personally hadn't tried it. She added, "I know this because my friends do, and sometimes they even eat their pets." Her comments triggered widespread outrage, particularly within the Arunachal Prad ...Read More >
Bengaluru, India (OTE) - Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harness the power of generative AI to achieve transformative growth. Infosys and Google Cloud share a s ...Read More >
Baghpat (Uttar Pradesh) [India], January 28 (ANI): Union Minister Arjun Ram Meghwal has sought AAP convener Arvind Kejriwal's apology from the nation after BR Ambedkar's statue was vandalised in Punjab's Amritsar on January 26. A youth has vandalised the life-size statue of Ambedkar in Amritsar by climbing atop it and striking it with a hammer on Republic Day on Sunday. A video clip purportedly of the incident also went viral on social media. Also Read | Maha Kumbh Mela 2025: A Day Before Mauni Amavasya Amrit Snan, 5 Crore Devotees Take Holy Dip in Triveni Sangam on January 28, Total Pilgrim ...Read More >
In a viral video, AP Dhillon performs for Malaika Arora, who looks stunning in a brown dress as fans sing along with them. Global Punjabi music sensation AP Dhillon, who recently performed in Mumbai, was seen dedicating a song to Bollywood actress Malaika Arora during his live concert. A video capturing the moment has taken social media by storm, sparking a wave of fan reactions. In a video shared by Filmygyan, AP Dhillon is seen holding a guitar while being joined on stage by Malaika Arora, wh ...Read More >
The woman explained how hurtful the remarks were and why she addressed the issue publicly. She revealed that the incident made her question the friendship and led her to share her story online. A video of a woman confronting her friends for making comments about her dress has gone viral. The woman, Muskan Madaan, shared her experience from Diljit Dosanjh's recent concert in Bengaluru. In her video, she claimed that her friends talked negatively about her "short dress" behind her back. The video ...Read More >
New Delhi, Jan 8 (PTI) The government is planning to make it mandatory for domestic airlines to share weather data captured by aircraft during takeoffs and landings with the weather office, which could lead to significantly better forecasts. Currently, the India Meteorological Department (IMD) launches weather balloons from 50-60 stations to collect critical data on temperature, humidity and wind speed at various altitudes, which form crucial inputs for weather forecasting models. These inputs could increase exponentially as the country records more than 6,000 takeoffs and landings by domest ...Read More >
NEW DELHI: Intel has launched three new processors under its Xeon 6 lineup to power advanced GPU-powered artificial intelligence (AI) systems. These new processors with Performance-cores (P-cores) include Intel's Priority Core Turbo (PCT) technology and Intel Speed Select Technology - Turbo Frequency, delivering customisable CPU core frequencies to boost GPU performance across demanding AI workloads, the company said in a statement. Intel said its Xeon 6776P processor is already serving as a host CPU for the Nvidia DGX B300 GPU, which is the AI chipmaker's latest generation of AI-accelerated ...Read More >
New Delhi, May 26 (PTI) Zepto Co-Founder and CEO Aadit Palicha has accused the chief financial officer of a competing company of orchestrating a smear campaign against his quick commerce platform. In a LinkedIn post on late Sunday, Palicha, not taking names, alleged that the CFO of one of Zepto's competitor firms has been reaching out to Zepto's investors with unsubstantiated claims, distributing false financial data to journalists, and employing bots to spread negative narratives about Zepto on social media. "Over the past few days, the CFO of one of our competitors has been trying to build ...Read More >
Elon Musk has announced plans to revolutionize the gaming industry by launching an AI-driven game studio under xAI. In a series of posts on X, Musk, a passionate gamer, criticized the current state of game development, highlighting the influence of large corporations and ideological biases. He pledged to "make games great again" through innovative applications of artificial intelligence. While many gamers have welcomed this move, excited by the idea of independent game development, critics question Musk's lack of experience in managing a game studio. The announcement has sparked widespread deb ...Read More >
The viral moment highlighted Dhoni's lighter side beyond cricket Former India captain MS Dhoni delighted fans with a rare and heartwarming moment as a video of him performing a traditional Pahaadi Garhwali dance with his wife Sakshi in Rishikesh went viral on social media. The clip captured the legendary cricketer energetically participating in the dance, sharing a joyful moment with his family. Set against what appeared to be the backdrop of their hotel premises, the video radiated warmth and light-hearted fun. The sight of Dhoni, often dubbed "Captain Cool" for his calm and composed nature ...Read More >