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.
Chennai, Jun 29 (PTI) NLC India Ltd has received a Letter of Award from NTPC Ltd for establishment of 450 MW Inter-State Transmission System (ISTS) Connected Wind-Solar Hybrid Power project in Rajasthan, the company said. According to the order secured from NTPC Ltd, NLC India would set up the 450 ISTS connected wind-solar power project, supply of hybrid power generated from the said project to NTPC Ltd for a period of 25 years under the Power Purchase Agreement (PPA). "The project would be developed in Bikaner, Rajasthan for 300 MW and Bhuj, Gujarat for 150 MW," NLC India said in a press release on Sunday. The scheduled commencement of supply date for supplying power from the full project shall be within a period of 24 months from the effective date of the Power Purchase Agreement, it said. PTI VIJ VIJ ROH
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 >
New Delhi, Sep 16 (PTI) Suzlon Group on Tuesday said it has secured an 838 MW order from Tata Power Renewable Energy, the largest order of this fiscal year, as part of its firm and dispatchable renewable energy project. This is also Suzlon's second-largest order ever, following the 1,544 MW order from NTPC Green Energy, and demonstrates the growing role of FDRE projects in accelerating India's energy transition, a company statement said. The 838 MW project will comprise 266 of Suzlon's S144 wind turbines, each with a rated capacity of 3.15 MW, strategically located across Karnataka (302 MW), ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Mumbai, Sep 24 (PTI) Benchmark stock indices Sensex and Nifty fell for the fourth consecutive day on Wednesday as foreign fund outflows and concerns over the steep hike in US H-1B visa fees continue to dent investor sentiment. The 30-share BSE Sensex dropped 386.47 points or 0.47 per cent to end at 81,715.63. During the day, it tanked 494.26 points or 0.60 per cent to 81,607.84. The 50-share NSE Nifty declined 112.60 points or 0.45 per cent to 25,056.90. Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Se ...Read More >
New Delhi, Jun 6 (PTI) State-owned power giant NTPC on Friday said its Group installed generation capacity has reached 80,515 MW, after the first unit of 250 MW of the Tehri hydro Pumped Storage Project (PSP) began commercial supply of electricity. THDC India Ltd, a subsidiary of NTPC Ltd, has declared the first 250 MW unit of its 1,000 MW Tehri PSP (4x250 MW) commercially operational with effect from 00:00 hours on June 7, 2025, according to a regulatory filing. The total installed and commercial capacity of the NTPC group will become 80,515 MW, it added. NTPC is India's largest integrated ...Read More >
New Delhi, Aug 21 (PTI) Solar module maker Vikram Solar's initial public offer garnered 54.63 times subscription on the last day of bidding on Thursday. The IPO received bids for 2,47,81,57,740 shares against 4,53,61,650 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched a huge 142.79 times subscription. Non Institutional Investors' part received 50.90 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 7.65 times. Vikram Solar on Monday mobilised Rs 621 crore from anchor investors. The Rs 2,079-crore initial ...Read More >
Chennai, Jun 29 (PTI) NLC India Ltd has received a Letter of Award from NTPC Ltd for establishment of 450 MW Inter-State Transmission System (ISTS) Connected Wind-Solar Hybrid Power project in Rajasthan, the company said. According to the order secured from NTPC Ltd, NLC India would set up the 450 ISTS connected wind-solar power project, supply of hybrid power generated from the said project to NTPC Ltd for a period of 25 years under the Power Purchase Agreement (PPA). Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 29, 2025 Declared, Check Winning Numbers and Result Cha ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Also Read | Belagavi Shocker: 3 of Family Members Die by Suicide After Consuming Poison Over Debt in Karnataka. Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenanc ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Mumbai, Apr 1 (PTI) Benchmark indices Sensex and Nifty closed nearly 2 per cent higher on Wednesday, in tandem with a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. The 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 22,679.40. A drop in crude oil prices also boosted the market sentiment. From the 30-Sensex firms, T ...Read More >
Mumbai, April 1: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 22,679.40. A drop in crude oil prices also boosted the market sentiment. From the 30-Sens ...Read More >
Mumbai, Apr 2 (PTI) Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the day's low, the 30-share BSE Sensex finally settled higher by 185.23 points, or 0.25 per cent, at 73,319.55. The index opened lower and tanked further by 1,588 points to hit a day's low of 71,545.81 in the first half of the session. Strong value buying in IT bellwethers li ...Read More >
Mumbai, Dec 18 (PTI) Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Besides, investor sentiment remained subdued ahead of the outcome of the US Federal Reserve's policy meeting, scheduled for Wednesday, traders said. The 30-share BSE benchmark tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day. During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07. As many as 2,563 stocks de ...Read More >
New Delhi, Jul 9 (PTI) The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday. The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC. Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenance and is reimbursed over time through a fixed tariff per unit of solar energy generated, as agreed upon in a Powe ...Read More >
Mumbai, April 2: Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the day's low, the 30-share BSE Sensex finally settled higher by 185.23 points, or 0.25 per cent, at 73,319.55. The index opened lower and tanked further by 1,588 points to hit a day's low of 71,545.81 in the first half of the session. Strong value buying in IT bellwethers like ...Read More >
Dhanbad, Apr 7 (PTI) TEXMiN IIT (ISM) Dhanbad has announced a series of strategic industry collaborations and startup incubation funding during the two-day R&D fair 'IInvenTiv 2026', an official said on Tuesday. Technology Innovation in Exploration & Mining Foundation (TEXMiN) is a Technology Translation Research Park (TTRP) set up by the Department of Science and Technology, Government of India, at IIT (ISM) Dhanbad. IIT (ISM) director and chairman of TEXMiN's governing board, Prof Sukumar Mishra, said, "TEXMiN is building a strong innovation and startup ecosystem in the mining and critical ...Read More >
Ranchi, Jul 18 (PTI) One person was killed and another was feared trapped after a portion of the roof of a government school building collapsed in Jharkhand's Ranchi, amid incessant rain, police said on Friday. Operation is underway to rescue the person, expected to be trapped under the debris at the school in Piska More area in the state capital, an officer said. Also Read | Mumbai Chawl Collapse: 3-Storey Chawl Collapses in Bandra's Bharat Nagar Area, 10 People Feared Trapped; Search and Rescue Operation Underway (Watch Video). "A person was killed when a portion of the roof of a governme ...Read More >
New Delhi, Mar 30 (PTI) State-owned BHEL on Monday said it has secured an order worth Rs 13,500 crore from NTPC for main plant package of 2,400 MW Telangana Stage-II thermal power plant. BHEL emerged as a successful bidder for this project in October 2024, a regulatory filing said. On March 29, 2026, BHEL received a Notification of Award (NOA) from NTPC for 3x800 MW Telangana Stage-II project (Main Plant Package). The scope of order includes design, engineering, manufacturing, supply, erection, commissioning, and testing of the main plant package, including civil and structural works. The ...Read More >
Mumbai, Jul 8 (PTI) Equity benchmark indices Sensex and Nifty were trading marginally higher in the morning trade on Tuesday after a weak beginning as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the US. Rally in Asian markets and fresh foreign fund inflows also helped markets recover the early lost ground, analysts said. After a muted start, the 30-share BSE Sensex further declined 121.55 points to 83,320.95 in early trade. The 50-share NSE Nifty dipped 37.15 points to 25,424.15. However, soon both the benchmark indices recovered the early lost gr ...Read More >
New Delhi, Jul 18 (PTI) Two schools in Delhi received bomb threats on Friday morning, a Delhi Fire Services official said. A call regarding the bomb threat was received at Richmond School in Paschim Vihar and Abhinav Public School in Rohini Sector 3, the official said. Also Read | Stocks To Buy or Sell Today, July 18, 2025: Hitachi Energy India, NTPC, HCL Technologies Among Shares That May Remain in Focus on Friday. "Teams of multiple agencies are present and thorough checking is ongoing. However, nothing suspicious has been found yet," the official added. ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from the Mumbai police and the Brihanmumbai Municipal Corporation's local ward machinery, an official from ...Read More >
NEW DELHI, Oct 25: NTPC Ltd on Saturday said its installed capacity has increased to 84,849 MW, following the completion of trial operations of the 800 MW Unit at the Patratu project. The company's subsidiary, Patratu Vidyut Utpadan Nigam Ltd, has successfully completed the trial operation of Unit-1 (800 MW), NTPC said in a regulatory filing. "Unit-1 (800 MW) of Patratu Super Thermal Power Project, stage-1 (3×800 MW) of Patratu Vidyut Utpadan Nigam Ltd has successfully completed the trial operation and consequently included in the installed capacity of the NTPC Group with effect from October ...Read More >
Mumbai, Oct 27 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Monday, mirroring a sharp rally in global markets, as softer-than-expected US inflation report has reignited hopes of Fed rate cuts. Prospects of a US-China trade deal and fresh foreign fund inflows also added to the markets' optimism. The 30-share BSE Sensex climbed 272.7 points to 84,484.58 in early trade. The 50-share NSE Nifty went up by 88.55 points to 25,883.70. From the Sensex firms, Tata Steel, Bharti Airtel, Reliance Industries, State Bank of India, HDFC Bank and NTPC were among the major gainers. ...Read More >
New Delhi, Mar 31 (PTI) State-owned NTPC on Tuesday said its step-down arm NTPC Renewable Energy Ltd (NREL) has begun 168.02 MW commercial electricity supply from its two solar projects in Khavda in Gujarat. With this, the total installed capacity of NTPC group stands at 89,057 MW and commercial capacity at 87,977 MW, a regulatory filing said. NREL has begun commercial supply of 78.02 MW out of 1255 MW Khavda-I Solar PV Project from March 31, 2026. Similarly, it has commenced commercial supply of 90 MW out of 1200 MW Khavda-II Solar PV Project. PTI KKS KKS ANU ANU ...Read More >
New Delhi, Jul 1 (PTI) Bangladesh made its single largest payment of USD 437 million in June, clearing pending dues, including carrying costs, and issues related to the power purchase agreement, reaffirming the Indian conglomerate's asset as a reliable and cost-competitive power source for meeting the country's growing energy needs, sources said. Bangladesh is now regular in payments. Additionally, an LC (Letter of Credit) worth about two months of billing and sovereign guarantee for all dues as additional security has been established, sources aware of the matter said. Since payment-related ...Read More >
New Delhi, Jul 1 (PTI) Rajendra Prasad Goyal, Director (Finance), has been assigned again the additional charge of Chairman and Managing Director of NHPC Limited. Goyal has taken over the additional charge from July 1, 2025, the company said in a statement. Also Read | Who Is PVN Madhav? Here's Everything You Need To Know About the Newly Appointed Andhra Pradesh BJP President. He has been assigned the charge on the directions of the power ministry, NHPC said. Earlier, he had also held the charge of NHPC Chairman and Managing Director between March 1, 2024, and August 7, 2024. Also Read | ...Read More >
New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). Coal India Ltd bought goods and services worth Rs 82,285 crore through the platform in 2025-26. " ...Read More >
VIJAYAWADA: Andhra Pradesh has once again made a mark on the national stage by securing multiple honours in the prestigious Swachh Survekshan Awards 2024 as Super Swachh League Cities, reaffirming its commitment to cleanliness and urban sanitation. Five municipal corporations from the State have been selected for awards across different population-based and special categories. The awards will be presented by the Union Minister for Housing and Urban Affairs and the Minister for Power at a grand ceremony in New Delhi on July 17. Chief Minister N Chandrababu Naidu congratulated the Municipal De ...Read More >
Mumbai (PTI): Equity benchmark indices Sensex and Nifty declined 2 per cent in early trade on Thursday amid rising geopolitical tensions following US President Donald Trump's warning of intensified military actions against Iran, driving crude oil prices higher. Unabated foreign fund outflows also added to the weakness in domestic equities. The 30-share BSE Sensex plummeted by 1,433.72 points, or 1.96 per cent, to 71,700.60. The 50-share NSE Nifty dived 445.70 points, or 1.97 per cent, to 22,233.70 in the morning trade. All the 30-Sensex firms were trading lower, with Sun Pharmaceuticals, In ...Read More >
New Delhi, Dec 4 (PTI) UP-based Meja Urja Nigam Pvt Ltd (MUNPL) on Wednesday said its board has approved the first interim dividend of Rs 350 crore for the current financial year. The dividend will be paid in ratio of 50:50 to promoter entities NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) by this week, the company said in a statement. "The Board of Directors on Tuesday approved the payment of an interim dividend of Rs. 0.96 per ordinary share of Rs 10 each, totalling Rs 350 crore for the current 2024-25 fiscal year," MUNPL said. CEO Kamlesh Soni said the company is ac ...Read More >