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.
Tokyo-based spokespeople for all three lenders declined to comment. An Adani Group representative didn't comment immediately. The Japanese support underscores the divide among finance firms over Adani after he and others were charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts. Adani's massive ports-to-power group has denied the charges and called the allegations baseless. Its representatives have been meeting with lenders and investors to reassure them and explain its stance on the matter.
New Delhi: Indian-origin Vaibhav Taneja, Tesla's Chief Financial Officer, has emerged as a key figure in Elon Musk's newly announced political venture, the America Party (AMEP). Tesla owner Elon Musk on Sunday announced a new political party called the 'America Party'. In the official filing of this party, Musk named Vaibhav Taneja as the Custodian of Records and Treasurer. According to a report by The Wall Street Journal, Vaibhav Taneja, Tesla's Chief Financial Officer (CFO), has earned a staggering USD 139 million in total compensation in 2024 -- making it the highest in the world for any CF ...Read More >
New Delhi, Oct 26 (PTI) Life Insurance Corporation of India's investment in Adani group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers. In June 2025, a month after USD 570 million (Rs 5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore (USD 750 million) debt investment in Adani's Mumbai International Airport, joined by several leading internati ...Read More >
Mumbai, Feb 24 (PTI) Up to 30 per cent of India's top-100 unlisted companies have the right business models and growth potential, making them candidates for listing on stock exchanges, a top official from Hurun India said on Tuesday. None of these companies identified in the 'JM Financial' - Hurun India Unlisted Gems 2026' have formally announced IPO plans yet. "I think some of them could (list). I think around 25-30 per cent has a potential to get listed, but they don't have IPO plans announced ready," Anas Rahman Junaid, founder and chief researcher at Hurun India, told PTI on the sideline ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
LONDON, Aug 13 (Reuters) - A major new copper smelter in India owned by Adani Enterprises Ltd (ADEL.NS), opens new tab has applied to become a listed copper-producing brand with the London Metal Exchange, the LME said in a notice on Wednesday. The copper smelter, which has an annual production capacity of 500,000 metric tons, is coming online at a time of shrinking smelting margins due to new smelter capacity in China and slower-than-expected growth of copper concentrate supply. According to Ad ...Read More >
The ISA will launch the Africa Solar Facility, a $200 million programme focusing on distributed renewable energy and serving as its first financial product for risk mitigation.During the 8th Assembly of the International Solar Alliance (ISA) in New Delhi from October 27 to 30, delegates from all 124 member countries are expected to visit South Asia's first distribution storage site in India's national capital. The ISA will launch the Africa Solar Facility, a $200 million programme focusing on di ...Read More >
Mumbai, February 7: Jeet Adani, the younger son of industrial magnate Gautam Adani, is marrying Diva Shah today, February 7, in a private and traditional ceremony. The couple, who has been engaged for a while, drew attention to their wedding when Gautam Adani confirmed the Jeet Adani-Diva Shah wedding date during his visit to Maha Kumbh 2025. Though rumours circulated about a performance by global music star Taylor Swift at Jeet Adani-Diva Shah wedding, Gautam Adani dismissed the speculation, emphasising that the wedding would be modest and traditional. "We live like ordinary people, and the ...Read More >
Ahmedabad (Gujarat) [India], July 8 (ANI): The Adani Group on Tuesday launched the third film in its #HumKarkeDikhateHain campaign, titled 'Story of Suraj'. This film underscores the group's mission to drive sustainable progress through clean energy initiatives, transforming communities across the nation.The story of Suraj paints a picture of a town transformed by Adani's solar energy solutions. The film follows a character, Rakesh, who returns to his hometown after years and is moved by the dramatic changes brought about by the uninterrupted solar power in the village--thriving agriculture, d ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full security arrangements," a spokesperson said. Jammu Divisional Commissioner Ramesh Kumar and Inspec ...Read More >
The Supreme Court has sought responses from the Centre, SEBI, and other stakeholders on Sahara India Commercial Corporation Ltd's plea to sell 88 prime properties to Adani Properties. The court ordered the Ministries of Finance and Cooperation to be made parties and requested the amicus curiae to collate details of the properties, including any disputes. New Delhi, The Supreme Court on Tuesday sought the response of the Centre, the Securities and Exchange Board of India (SEBI) and other stakehol ...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 >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health department has urged district administrations to issue a public advisory on JE prevention measures and to i ...Read More >
New Delhi: President Droupadi Murmu would share the nation's vision for solar power-led development and 'One World, One Sun, One Grid' in her address at the 8th Session of the International Solar Alliance (ISA) Assembly on Tuesday at Bharat Mandapam, a statement said on Monday. This would mark the first-ever address by the President of India to the ISA Assembly that underscores India's commitment to ISA's leadership in advancing global solar energy cooperation and its founding vision of "One World, One Sun, One Grid", said the statement. The Eighth Assembly of the ISA, scheduled from October ...Read More >
In April, India reached 224 gigawatts (GW) of renewable energy capacity, with 108GW representing solar exclusively. Of this solar capacity, 105GW was added in the last decade. It accounts for a third of total additions in the Global South. This rise can be attributed to the fact that India, under Prime Minister Narendra Modi, has a clear policy and regulatory framework for private sector-led investments in solar energy. India's efforts to make solar energy accessible and desirable have been decisive. The Solar Energy Corporation of India instilled confidence in the private sector by ensuring ...Read More >
New Delhi, Apr 8 (PTI) Adani Group stocks were in the limelight on Wednesday, with Adani Total Gas and Adani Green surging over 13 per cent, in tandem with a sharp rally in the broader equity market. A US judge granted a request from billionaire Gautam Adani to schedule a hearing in efforts to dismiss a US Securities and Exchange Commission fraud case, which he says lacks necessary jurisdiction as well as fails on multiple reasons. This followed lawyers of Adani and his nephew, Sagar filing a plea seeking dismissal of the case. Shares of Adani Total Gas jumped 13.44 per cent, Adani Green zo ...Read More >
Jaisalmer (Rajasthan) [India], June 7 (ANI): Following the completion of one month of Operation Sindoor, people living near the Indo-Pak border in Rajasthan expressed happiness. A resident in Barmer said that there was too much enthusiasm among the people during Operation Sindoor, and nobody living near the border vacated their village. A resident, Raghuvir Singh, said, "My village is just 2 km away from the Indo-Pak border. We have seen Operation Sindoor very closely. Nobody living near the border vacated their village; they supported the Indian Army and BSF. The Indian Air Force destroyed t ...Read More >
Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat leading with a ₹14,600 crore offer, inclusive of the disputed land parcel. However, if the land issue r ...Read More >
New Delhi [India], October 27 (ANI): The President of India Droupadi Murmu paid floral tribute to India's former President K.R. Narayanan on his birth anniversary at Rashtrapati Bhavan on Monday. Additionally, the Chief Minister of Punjab, Bhagwant Mann, met with President Droupadi Murmu at the Bhavan. The Lt. Governor of Delhi, Vinai Kumar Saxena, also met the president at Rashtrapati Bhavan. Meanwhile, President Droupadi Murmu will deliver the keynote address at the eighth session of the International Solar Alliance (ISA) Assembly on October 28 at Bharat Mandapam in New Delhi. This marks ...Read More >
Ahmedabad (Gujarat) [India] September 15 (ANI): On Engineer Day, Adani Cement, part of the diversified Adani Group and the world ninth largest building materials and solutions company, announced the launch of a nationwide academia-industry initiative titled Adani Cement FutureX. The programme is aimed at preparing India youth for sustainable construction and future-ready business models by connecting classrooms with real-world infrastructure challenges. The launch coincides with Adani Cement achieving the 100 MTPA capacity milestone. FutureX will engage with 100 premier engineering instituti ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government that is non-communal. Only the Congress can do that. I have joined the Congress to be part of its fi ...Read More >
NTPC Green Energy (subsidiary of NTPC) announced the declaration of commercial operations of the following projects of its wholly owned subsidiary NTPC Renewable Energy: (i) The twelfth and the last part capacity of 78.02 MW out of 1255 MW Khavda-I Solar PV Project located in Gujarat, w.e.f. 31 March 2026. (ii) The sixth part capacity of 90 MW out of 1200 MW Khavda-II Solar PV Project located in Gujarat, 31 March 2026. The current commercial capacity of NTPC Green Energy Group stands at 9,907. ...Read More >
New Delhi, July 8 (SocialNews.XYZ) The International Solar Alliance (ISA) will host the seventh Regional Committee Meeting (RCM) for Asia and the Pacific Region from July 15-17 in Colombo, Sri Lanka, the Ministry of New and Renewable Energy said on Tuesday. This conference will bring together government officials, technical universities, think tanks, institutional partners, and leaders from the private sector to advance a coordinated and strategic agenda for scaling solar deployment across this dynamic and diverse region. With the theme 'Advancing Solar Cooperation Across a Region of Diversi ...Read More >
New Delhi: The Congress on Saturday alleged that the government drafted and pushed through a proposal to invest ₹33,000 crore of Life Insurance Corporation (LIC) funds in various Adani Group companies in May 2025 in order "to signal confidence in the Adani Group" and to "encourage participation from other investors". Citing a media report, the party also asked "under whose pressure" did the officials of the ministry of finance and Niti Aayog "decide that their job was to bail out a private company facing funding difficulties due to serious allegations of criminality" and demanded that the Pub ...Read More >
Bulandshahr: A court in Bulandshahr delivered its verdict in the Syana violence case that dates back to December 2018. The court convicted all 38 accused individuals, including prominent local activists and community members. Mob Violence Erupted Over Cow Carcass Discovery The violence followed the discovery of cow carcasses near Mahav village, prompting protesters to storm Chingrawathi police outpost. They set vehicles ablaze, leading to escalating chaos. During the riot, Inspector Subodh Kumar Singh and 19‑year‑old Sumit Kumar were fatally shot while attempting to control the mob. Five Fo ...Read More >
JSW Cement's IPO is set to launch on August 7, aiming to raise Rs 4,000 crore through a fresh issue and offer for sale. Proceeds will fund a new cement unit, repay debt, and support general corporate needs. The company focuses on green cementitious products, poised to benefit from India's growing industrial sector and cement demand. The IPO of JSW Cement is likely to open for subscription on August 7, according to a report from Fortune India. The issue will close on August 11. JSW Cement, part o ...Read More >
New Delhi: Delhi govt has announced a city-wide rollout of underground electric wiring as part of a Rs 100-crore initiative. The move aims to ensure a safer, cleaner and uninterrupted power supply for residents across the capital, chief minister Rekha Gupta said on Saturday while launching the city's first pilot project of underground wiring in Shalimar Bagh.Gupta said the work at her constituency Shalimar Bagh would be completed in approximately three months. At least 5,500 families residing in BH block Janta flats of Shalimar Bagh will benefit from the scheme, which will also improve the aes ...Read More >
Mumbai: India's renewable energy sector reported a 420% year-on-year growth in capacity addition in June 2025, rising from 1.4 GW last year to 7.3 GW this year, said Prahlad Joshi, Union Minister for New and Renewable Energy. Joshi was speaking at the IVCA Renewable Energy Summit in Mumbai on Tuesday. The minister highlighted that India has witnessed an astonishing 4,000% increase in solar energy capacity, growing from 2.82 GW to 117 GW by 2025. Wind energy capacity also rose from 21 GW to 51.7 GW in the same period, marking a 140% increase. Solar tariffs, however, have declined by 80%-from ...Read More >
HYDERABAD: State BJP president N Ramchander Rao on Thursday slammed the Congress government and Chief Minister A Revanth Reddy for failing to address farmers' issues despite completing 19 months in office. Speaking at the Kisan Morcha state office-bearers' meeting at the BJP headquarters in Hyderabad, he accused the state government of neglecting farmers due to its skewed policies. He urged party workers to collaborate with the Kisan Morcha to highlight farmers' grievances and counter the Congress' "anti-farmer" stance. He directed the Morcha members to launch agitations, gather grassroots- ...Read More >
Bengaluru: The Karnataka Commercial Tax Department has once again issued a clarification regarding the recent tax notices sent to bakeries, condiments, and tea stalls in Bengaluru. Following earlier backlash, the department had stated that traders with annual turnover below ₹1.5 crore can opt for the Composition Tax Scheme and pay only 1% tax, offering significant relief. Now, in a press release, the department reiterated that traders who have received notices should visit their respective tax offices and submit proper documentation explaining their turnover and eligibility. It clarified that ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as the tax reductions on essential items of daily use will bring a noticeable drop in prices. He furthe ...Read More >