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, July 1, 2025: Infosys has rolled out a fresh internal campaign encouraging its employees to avoid working overtime, especially while working remotely, and instead maintain a healthy work-life balance -- directly contrasting Infosys co-founder Narayana Murthy's controversial call for a 70-hour workweek. In a series of personalised emails, the company's human resources department has been reminding employees to adhere to the company's standard of 9.15 working hours a day for five days a week, and warning them if their monthly average exceeds this limit. Infosys is also urging employees to take regular breaks during work hours and fully disconnect during their off time to recharge. Also read: Sarkari Result 2025 Today: Check All Latest Govt Exam Results Here! The HR emails, as cited by The Economic Times, say: "While we appreciate your commitment, we also believe that maintaining a healthy work-life balance is crucial for both your well-being and long-term professional success... Take regular breaks during your workday; let your manager know if you are feeling overwhelmed; take time to recharge during off hours, minimising work-related interactions whenever possible." This initiative comes as Infosys continues to operate under its hybrid work model introduced in November 2023, which requires employees to work from the office at least 10 days each month. Since the rollout of the return-to-office policy, HR teams have been closely monitoring employees' working hours while they work from home, sending alerts to those exceeding the prescribed limits. The new drive highlights a stark departure from Narayana Murthy's stance. Last year, the Infosys co-founder had advocated for young Indians to adopt a 70-hour workweek, arguing it was necessary for the country's progress. Speaking at an event in Kolkata, he remarked that "Indians have a lot to do" and called for sacrifice to lift millions out of poverty. However, Murthy later clarified that his 70-hour suggestion reflected his personal experience, not a universal prescription, stating, "There's nobody who can say you should do this, you should not do it." Infosys' move to promote reasonable working hours comes amid growing debates about long workweeks' impact on employee health, productivity, and overall well-being.
BENGALURU, India, Dec. 4, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Kardex, a leading global provider of intralogistics solutions, including automated storage solutions and material handling systems, to transform its business operations using SAP S/4HANA. Leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, Infosys will help Kardex unify its ERP system in over 30 countries, boost operation ...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 >
BENGALURU: After two-and-a-half years' wait, many campus recruits got their jobs in Infosys in October last year, but at least 490 of them from the 2022 batch were laid off last week from the Mysuru campus. Infosys in a statement said all freshers get three attempts to clear the assessment, failing which they will not be able to continue with the organisation. However, a couple of trainees that this newspaper spoke to said it was a stringent assessment and that there was no mention of these three attempts in their offer letters. Have IT companies' assessments changed over the years? No, say H ...Read More >
During a flight, Tejasvi Surya engaged in a stimulating conversation with N.R. Narayana Murthy, covering topics from AI to urban planning. Murthy emphasized India's potential and addressed his controversial 70-hour workweek proposal. He humorously revealed that Prime Minister Modi likely works even longer hours, sparking further discussion on work ethic and national development. What started as a routine flight from Mumbai to Bengaluru turned into a whirlwind of ideas, philosophies, and a dash o ...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 >
The demand for engineering, technical and AI profiles has risen by 27 per cent, with compensation levels improving by 5 per cent compared to H1 FY25, according to Adecco India. After several muted quarters, India's IT sector hiring stabilised in the first half of FY 2025-26 as hiring patterns improved, following a reasonable rise in the recruitment of freshers and mid-senior level professionals, HR solutions provider Adecco India said on Tuesday. Campus intake has improved by 25 per cent compar ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
CHENNAI: In a move to sharpen India's digital talent edge, Nasscom on Tuesday announced the establishment of a new Talent Council to drive workforce transformation across emerging technologies. The council will guide national skilling priorities in DeepTech, AI, semiconductors, and cybersecurity, besides diving industry-academia collaborations. "This is a critical step in reimagining our talent strategy. India must evolve from being talent-rich to building expert talent that applies technology to innovate enterprise and society," said Sathish HC, chief delivery officer at Infosys, who will c ...Read More >
Bengaluru, July 2: A senior associate consultant at Infosys has been arrested for allegedly filming women inside a restroom at the company's Electronic City campus. The accused, 28-year-old Swapnil Nagesh Mali from Andhra Pradesh, was caught red-handed on June 30 after a female employee noticed suspicious activity in an adjacent toilet stall. According to the NDTV report, the woman saw a reflection and then saw Mali standing on the commode, attempting to record her with his phone. She immediately raised an alarm, prompting other employees to intervene and apprehend the accused as he tried to ...Read More >
Hyderabad/Sangareddy, July 2: The death toll from the explosion at the Sigachi Industries' plant in Pashamylaram has risen to 38 on Wednesday even as the company announced a Rs 1 crore compensation amid allegation of usage of outdated machinery in the unit. State Health Minister C Damodar Rajanarasimha, who has been supervising rescue operations at the accident site, said that 11 people were still missing. Although most of the debris has been cleared, no human remains have been found, the minister further said. Sangareddy District Superintendent of Police Paritosh Pankaj told PTI that the tol ...Read More >
Bengaluru (Karnataka) [India], July 2 (ANI): An employee from a private company in Karnataka's Bengaluru has been arrested in connection with a case of recording a video while a female employee was in the toilet, police said on Wednesday. The Electronic City police arrested the accused after it came to notice that he was secretly recording the female employee. The arrested accused has been identified as Swapnil Nagesh Mali, a 28-year-old employee, who hails from Andhra Pradesh. According to the police, the accused was caught while recording a video of a female employee in the toilet. He had ...Read More >
New Delhi: The experience of a technical expert of Tata Consultancy Services (TCS) is being discussed on social media these days. He said that the Human Resources (HR) team of the company asked him to resign, but he flatly refused. The employee wrote a post on Reddit saying, "Three days ago, I was called to a meeting and asked to resign. I was scared, I even cried, but I said I will not resign. They threatened to give me a bad review, but I said do whatever you want to do." The employee alleged that the company is targeting bench employees (who do not have any projects at the moment). Accordi ...Read More >
INDIA: A 6 a.m. email erased 20 years of service for some workers in India following the Oracle layoff of 12,000 in the country, which is part of a larger global reduction impacting approximately 30,000 workers or roughly 18% of its workforce. A post on Instagram says: "No warning. No HR call. No manager meeting. Oracle employees across India woke up to a termination email at 5 or 6 AM with immediate effect." It also laments that the cut involves 12,000 jobs in India alone. "Just got an email at 5 a.m. Over 20 years of service. Nice," wrote an employee online, as reported by software_muchat ...Read More >
Given the strong subscription response, Ganesh Infraworld's latest GMP stands at Rs 73, indicating an upside potential of 88% above the upper price band.The SME initial public offering (IPO) of Ganesh Infraworld received a strong response from investors with an overall subscription of 103.2 times by 12:19 pm on the final day of the bidding process. The IPO will close on December 3. The company aims to raise Rs 98.6 crore through the SME IPO, which is a fresh equity sale of 1.18 crore shares, and list the shares on the NSE SME platform. The net proceeds from the public offer will be used for ...Read More >
Jammu : The Indian Institute of Management (IIM) Jammu stands at a luminous crossroads in its journey -- one defined by ambition, perseverance, and a resounding affirmation of its rising stature. In what can only be described as a golden chapter in the Institute's evolution, IIM Jammu has accomplished a feat few in the nation can claim: the rare distinction of securing not one, but two of the most coveted international accreditations -- BGA and EFMD Accreditation for MBA program -- within a single remarkable year. These accolades speak volumes of the Institute's steadfast commitment to academ ...Read More >
NEW DELHI: Hilti India, the global leader in providing innovative and cutting-edge construction solutions to the industry, has been recognized as one of India's Best Companies to Work For in 2025 under the Large Organizations category by Great Place to Work® (GPTW). This prestigious honour follows Hilti India's consistent track record of being certified a Great Place to Work® for the eighth consecutive year, reflecting the organization's continued focus on building a high-trust, high-performance workplace culture. Until last year, Hilti India was categorized under the mid-size companies brack ...Read More >
DESRI has inaugurated a new capability centre at RMZ Nexity, Hyderabad, to strengthen its global operations. The new office leverages India's skilled talent pool and includes state-of-the-art facilities to foster collaboration. This milestone emphasizes DESRI's commitment to operational excellence and employee well-being. DESRI, a leading figure in renewable energy investments, has inaugurated a cutting-edge capability centre at RMZ Nexity in Hyderabad. This strategic expansion underscores DESRI ...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 schools are shifting to fully online classes for students up to Class V due to severe air pollution. This directive follows the invocation of Stage-IV of GRAP, with AQI levels reaching 'Severe+' in the capital. Neighbouring Noida and Ghaziabad have implemented similar measures for younger students. The Delhi government on Monday directed all schools in the capital to shift from hybrid learning to fully online classes for students up to Class V, citing a sharp deterioration in air quality a ...Read More >
Mumbai (Maharashtra) [India], November 28: Pioneering furniture fittings solutions brand Hettich India is proud to announce that it has been officially certified as a Great Place to Work, a recognition that celebrates the company's unwavering commitment to creating an ecosystem where everybody thrives. Also Read | Diljit Dosanjh Concert in Kolkata 2024: Planning to Attend Dil-Luminati Tour, Don't Miss These 5 Must-Try Local Foods. This honor is especially meaningful, with an overwhelming 95% participation from employees helping Hettich India. It reflects a shared commitment to creating a fam ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhishek Kumar (23), who is from Shanti Nagar in Sector 11, is undergoing treatment at a private hospital ...Read More >
Hyderabad - Synchrony is a leading consumer financial services company providing customers with innovative savings and premium credit solutions. Synchrony has been ranked #2 among India's Best Companies to Work For™ 2025 by Great Place to Work®, the global authority on workplace culture. This prestigious recognition, revealed at the awards ceremony on June 25, 2025, solidifies Synchrony's standing as a top employer of choice in India, underscoring its ongoing commitment to creating a high-trust, high-performance workplace culture that champions innovation, flexibility, and employee well-being. ...Read More >
India's Global Capability Centers (GCCs) are evolving from cost-saving back offices to innovation hubs, driving global product development and digital solutions. With over 1,600 GCCs currently, projected to generate $121 billion in revenue by 2030, India is becoming a strategic innovation powerhouse. For decades, India has been perceived globally as the world's back office, a reliable destination for IT services, business process outsourcing, and support functions. But in recent years, this narrative has undergone a dramatic transformation. At the heart of this shift is the rise of Global Cap ...Read More >
PNN Hyderabad (Telangana) [India], September 16: Vroutes HR, a Hyderabad-based HR consulting firm, has developed a three-layer service model that cuts human resource costs by 50-55% compared to traditional approaches, addressing a gap that undermines startup and small business success across India. Founded in 2017 by Vishal Adbalwar, Vroutes HR grew from his observations about business failures in the startup and SME sector. Adbalwar watched companies with strong products or services struggle to scale. His discussions with CEOs and business owners revealed a recurring problem: weak or missin ...Read More >
New Delhi, Dec 16 (PTI) The government is inclined to avoid introducing new laws or regulations for Artificial Intelligence (AI) unless "absolutely necessary," preferring instead to utilise existing legal frameworks like the Digital Personal Data Protection (DPDP) Act to address emerging issues, Electronics and IT Secretary S Krishnan said on Tuesday. Speaking at Assocham's AI Leadership Meet, Krishnan said the government's regulatory approach is thoughtful and careful to ensure it does not hinder innovation in the burgeoning technology sector. "As it is, we are a country with many laws... S ...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 >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastrinagar. Dr Lad said he's seen at least three children admitted for dengue this week, with all of the ...Read More >
Kerala Lottery Result SAMRUDHI SM 12 Results Live: The first winner of today's lottery game- SAMRUDHI SM 12 lottery- takes home Rs 1 crore as a cash prize. The Kerala lottery is one of the most trusted games in the country. Kerala Lottery Result Sunday 20-07-2025: The Kerala lottery is back with another fun game- that may lead you to win Rs 1 crore! The results for today's Kerala lottery games- SAMRUDHI SM 12 Sunday- are announced. The Kerala lottery results are announced here, so people with tickets for today's game can stay in touch with this live blog. Samrudhi Lottery Series: MN, MO, MP, ...Read More >
Infosys, on Tuesday said it has been awarded a £1.2 billion, 15-year contract by the NHS Business Services Authority (NHSBSA) to deliver Future NHS Workforce Solution. As per the contract, Infosys would develop a cutting-edge, data-driven workforce management solution, that would replace the existing Electronic Staff Record (ESR) system, and facilitate payroll functions for 1.9 million NHS employees in England and Wales who are paid £55 billion annually, said a press release. According to a c ...Read More >