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.
VMPL Gurugram (Haryana) [India], July 4: Propelling its robust performance in the current year, BMW Group India has posted its highest-ever car deliveries in H1 2025. The company sold 7,774 BMW and MINI cars and 2,569 motorcycles between January to June 2025. BMW sold 7,477 units and MINI 297 units. In the second quarter (April - June), each month recorded best-ever sales. Vikram Pawah, President and CEO, BMW Group India said, "Carrying forward the impressive performance of Q1 into H1, BMW Group India is steering the success story for this year with tremendous fervour. We are on a fast track, posting +10% growth despite a challenging environment as we continue to unfold new opportunities in luxury segment. Changing the game with our thrust on electric mobility, we are the most preferred Indian luxury EV brand with phenomenal +234% growth. Among SAVs as well as sedans, our long wheelbase luxury models are in great demand due to their seamless blend of comfort and performance. Coupled with the ongoing RetailNext transformation and Relax.We Care customer support initiatives, we are redefining our customers' journey with joy and complete peace of mind." BMW Group Electric Vehicles (EV) For last three years, BMW Group India is the leader in luxury EV sales in India. In H1 2025, this lead continues with 1,322 BMW and MINI EVs sold. The company achieved enormous +234% growth in EV sales in the first half of the year. The BMW iX1 Long Wheelbase was the highest-selling electric car during this period, followed by the flagship BMW i7 in second spot. Electric cars now hold 18% share in total sales of BMW Group India. At the start of the year, BMW Group India announced many new initiatives for its EV customers including services like BMW Destination Charging, Smart E-Routing and Charging Concierge. Combined with complimentary Wallbox chargers and 24x7 open access to the company's fast-charging dealership network across the country, customers are able to embrace progressive e-mobility with complete peace of mind. BMW Group India currently offers six electric cars and two scooters - BMW i7, BMW iX, BMW i5, BMW i4, BMW iX1 Long Wheelbase, MINI Countryman E, BMW CE 04 and BMW CE 02. Stunning performance and driving dynamics are hallmark of the entire EV portfolio and each model stands for next level digitalisation and sustainability. BMW Long Wheelbase Range The long wheelbase BMW models saw a massive growth of +159% in H1 2025. This includes the BMW 7 Series, BMW 5 Series, BMW 3 Series and BMW iX1. BMW long wheelbase models today account for 47% share in total sales. Strategically positioning these models across its portfolio, BMW Group India proactively ascertained customers' needs and provided the ideal luxury product in each segment. The BMW 5 Series was the highest-selling BMW sedan in H1 with close to 20% share in sales. Meanwhile, the BMW 3 Series retained the class-leading position in Indian premium sedan segment. BMW Luxury Class BMW Luxury Class consists of flagship cars such as the BMW 7 Series, BMW i7, BMW X7 and BMW XM. Reigning at the absolute pinnacle of BMW's luxury world, these bespoke sedans and SAVs are the subject of highest aspiration and admiration among Indian luxury clientele. The BMW 7 Series and BMW i7 are leading in their respective segments while the BMW X7 has crossed the notable milestone of over 5,000 deliveries since launch. BMW Sports Activity Vehicles (SAV) BMW SAVs recorded a double-digit growth of +17% in H1 2025. Compared to 56% in Q1, their share in sales increased to 59% in Q2. BMW X1 was the highest selling SAV not just for BMW (over 30% share in sales), but in the Indian premium compact segment. The next most admired BMW SAV in H1 was the powerful BMW X5. MINI MINI delivered 297 units in H1 2025. MINI Cooper S was the highest-selling model and saw growth of over +60% as compared to H1 2024. Both the MINI Cooper S and the MINI Countryman E enjoyed almost equal share in sales. BMW Motorrad BMW Motorrad delivered 2,569 motorcycles in H1 2025. The BMW G 310 RR was most popular smart-cc bike. In the GS adventure world, the BMW 900 GS / GSA and the BMW 1300 GS / GSA were the best-selling models. In the super sports segment, the BMW S 1000 RR commanded the top spot. Retail.NEXT: Immersive retail concept transforming customer experience With launch of Retail.NEXT, BMW Group India aims to create a future-forward retail space that not only showcases its vehicles but also embodies the brand's commitment to luxury, innovation, and customer satisfaction. Retail.NEXT entails new design, new digital tools, new roles, and new processes. With a total investment of INR 365.6 crores, Retail.NEXT will be implemented across 56 facilities in 33 cities. BMW India Financial Services Through its innovative 'BMW Smart Finance' solutions, BMW India Financial Services delivers a compelling value proposition and complete peace of mind to customers. The tailored financial products offer attractive benefits such as low monthly instalments, assured buy-back, flexible end-of-term options, and the freedom to upgrade to a new car with ease. By making ownership more accessible and hassle-free, BMW Financial Services plays a crucial role in enabling sales and driving customer loyalty for the group brands in India. If you have any queries, please contact: BMW Group India Richa Sharma, Head of Press and Corporate Affairs Cell: +91 99100 22148; Email: [email protected] Satchit Gayakwad, Marketing, Network Performance and Customer Support Communication Cell: +91 95607 25900; Email: [email protected] Internet: www.bmw.in Facebook: https://www.facebook.com/bmwindia Twitter: https://twitter.com/bmwindia YouTube: https://www.youtube.com/user/bmwindia Instagram: https://www.instagram.com/bmwindia_official LinkedIn: https://www.linkedin.com/company/bmw-group (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
Mumbai : Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India today unveiled and launched its much-awaited all-new 3 Generation Honda Amaze. This marks the global debut of the new generation Amaze in India, a key market for Honda globally and the first country to launch the new model. The all-new Amaze will be available at an introductory price range of Rs 7,99,900 - Rs. 10,89,900 (ex-showroom, Delhi); valid till 45 days from launch. The stylish and premium compact sedan has been designed to offer an OUTCLASS and delightful sedan experience that meets the aspirations ...Read More >
Gurugram, 11 December 2024: Around USD 40 billion of investments are envisaged over the next 5-6 years for the development of Electric Vehicles (EV) & ancillary industries in India. However, the deployment of these funds will rely upon successful implementation of government policies, charging infrastructure ramp-up and domestic manufacturing capacity scale-up. As per Colliers' latest report "EVs in India: Renewed Vigour in Electric Mobility", about two-thirds of the planned investments, can potentially materialize in the lithium-ion battery segment alone. Interestingly, despite slower than an ...Read More >
BENGALURU, India, June 5, 2025 /PRNewswire/ -- Marriott India proudly achieved its ambitious goal for World Environment Day 2025, a commitment to plant 100,000 trees across its extensive portfolio of over 150 hotels nationwide. This significant undertaking marked a powerful escalation of Marriott India's dedication to sustainability and ecological restoration, building upon the success of its previous environmental initiatives. This landmark endeavor was built upon the successful foundation of last year's 'Two Trees per Room' initiative, launched on World Environment Day 2024. That program, a ...Read More >
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New Delhi: The ongoing clash between Elon Musk and Donald Trump has taken a dark and explosive turn. On June 6, the Tesla CEO sent shockwaves across social media by accusing the US president of hiding crucial Jeffrey Epstein files because Trump's name allegedly appears in them. In a post on X (formerly Twitter) that is already stirring up huge debate, Musk wrote, "Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" He further added, "Mark this post for the future. The truth will come out." ...Read More >
The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its futuristic design, a wealth of modern features, and an impressive power output - the highest in its fa ...Read More >
CoinEx Charity's Starlink Program, under its "Bridge to Hope" initiative, has launched its first Starlink unit in the Philippines, aiming to bring high-speed satellite internet to remote areas. The first deployment in EB Magalona, Negros Occidental, enhances access to education, economic opportunities, and essential services. Mayor Marvin Malacon highlighted plans for educational seminars on blockchain and cryptocurrency. CoinEx Charity, established in 2022, focuses on global charitable efforts, while CoinEx, a leading crypto exchange, offers user-friendly trading services to over 10 million u ...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 >
New Delhi [India], January 13 (ANI): Union Minister Ashwini Vaishnaw criticised Meta CEO Mark Zuckerberg and called him "factually incorrect" over his remark that most incumbent governments, including India in 2024 elections, lost post-COVID. He added that the people of India have reaffirmed their trust in the NDA led by Prime Minister Narendra Modi. "As the world's largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in the ND led by PM @narendramodi Ji's leadership. Mr. Zuckerberg's claim that most incumbent governments, ...Read More >
PRNewswire New Delhi [India], January 21: SWITCH Mobility Ltd, a part of the Hinduja Group, has unveiled the SWITCH IeV8, a revolutionary electric light commercial vehicle (eLCV) in the 7.2T category catering to mid-mile logistics. Designed with sustainability and operational efficiency at its core, the SWITCH IeV8 is set to transform the logistics sector in India. * H. D. Kumaraswamy, Minister of Heavy Industries and Steel, unveils the SWITCH IeV8, an electric light commercial vehicle (eLCV) designed for mid-mile logistics, at the Bharat Mobility Expo 2025 The SWITCH IeV8, a robust additio ...Read More >
New Delhi - Hero MotoCorp, the world's largest two-wheeler manufacturer, has unveiled its latest electric offering, the VIDA V2 series. This launch signifies a significant stride in the company's electric vehicle (EV) journey, promising to revolutionize sustainable urban mobility. A Trio of Electric Powerhouses The VIDA V2 series comprises three variants: Each variant boasts a sleek, modern design and is available in eye-catching colors like Matte Nexus Blue-Grey and Glossy Sports Red. Power and Performance Redefined The VIDA V2 comes equipped with IP-67-rated removable batteries in three ...Read More >
New Delhi: Blinkit, the quick-commerce giant famous for delivering groceries and essentials in minutes, is taking a big leap into the world of electronics. CEO Albinder Dhindsa recently shared the news on X and announced that users can now order laptops, monitors, printers and other electronic items through the platform, all delivered to their doorstep in just 10 minutes. "We're expanding our electronics range to cover more use cases and have partnered up with leading brands in this category," Blinkit CEO Albinder Dhindsa announced in a post on X (formerly Twitter) on Thursday. Dhindsa menti ...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 >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Download. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies h ...Read More >
New Delhi: JSW MG Motor India on Friday announced their foray into the 'accessible luxury' electric car segment with the unveiling of two new models - MG Cyberster, India's first all-electric Roadster and the MG M9, the first electric three-row limousine, slated to be launched this year. Accessible luxury is usually referred to high-quality products that are priced lower than traditional luxury goods. The two models were unveiled at the Bharat Mobility Global Expo 2025 and the debut was under its new luxury brand channel, MG Select. "Today, EV penetration in India is still very, very low. It ...Read More >
Mumbai, Dec 11 (PTI) Murugappa Group-run TCI Clean Mobility subsidiary TIVOLT Electric Vehicles on Wednesday said it has signed a pact with EV charging solutions provider Tata Power Renewable Energy Limited (TPREL) to build a charging ecosystem for its electric commercial vehicles. Under the collaboration, Tata Power Renewable Energy will bring its extensive experience in setting up and managing an expansive EV charging infrastructure at strategic locations across the country to TIVOLT dealerships, customer locations, and high-traffic public spaces, the company said in a statement. "This str ...Read More >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
Sample of Earth Minerals. (Representative) Quick Read Summary is AI generated, newsroom reviewed. India is negotiating with companies to create long-term rare earth magnet stockpiles. The initiative aims to reduce dependence on China, which controls 90% of magnet processing globally. The government is considering fiscal incentives to boost domestic production of rare earth magnets. New Delhi: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said. Building ...Read More >
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New Delhi: In his latest rant against the administration and the 'Big Beautiful Bill', Tesla CEO Elon Musk on June 5 claimed that US President Donald Trump would have lost the 2024 election without his support. The billionaire further accused Trump of "ingratitude". "Without me, Trump would have lost the election, the Democrats would control the House, and the Republicans would be 51-49 in the Senate," he posted on X. This comes after President Trump said that he is disappointed with the former DOGE chief, who recently stepped down as his senior adviser. Now, Musk is going after the administ ...Read More >
Around 16 equity mutual funds have offered more than 30% CAGR in the last three years, based on the daily rolling returns. There were around 222 equity mutual funds that have completed three years of existence in the market. These 16 schemes were from six different categories. 10 small cap funds, two mid cap funds, a multi cap, flexi cap, contra fund, and an ELSS fund offered over 30% CAGR in the mentioned period. The first four toppers in the list were from the small cap category. Quant Small Cap Fund offered the highest CAGR of around 43.60% in the last three years based on daily rolling r ...Read More >
The XEV 9e is fast and even in the lower range mode feels smooth along with lots of performance.Source : Somnath Chatterjee Electric cars are different and Mahindra has thrown everything at their new range of EVs in terms of a new electric architecture along with specifications normally seen on luxury cars. The XEV 9e based on the Inglo platform is the bigger and more premium EV which starts at Rs 21.9 lakh while coming with two battery pack options- 59 and 79kwh. The 79 kwh battery pack means 656 km range and 284 bhp which means 0-100 km/h is just 6.8 seconds. The big XEV has lots of road p ...Read More >
American entrepreneur Bryan Johnson, known for his quest to reverse aging, experienced the effects of Mumbai's air pollution during his India tour. Promoting his book Don't Die, Johnson detailed his discomfort despite using air purifiers and masks. He adhered to his rigorous health routine, carrying all his meals and supplements for the six-day trip. The visit included an exclusive meetup with prominent figures like Zomato CEO Deepinder Goyal, showcasing his dedication to health and longevity advocacy.Bryan Johnson, the American entrepreneur renowned for his anti-aging mission, has drawn atten ...Read More >
Pune: Maruti Suzuki, India's biggest car maker, on Friday said it aims to be the largest producer of electric vehicles in the country and make India the export hub over the next one year. The Japanese giant will take on EV market leader Tata Motors, Mahindra and MG Motor in the electric car game in the country. To realize its goals Maruti Suzuki, which unveiled its first electric SUV e-Vitara at the Bharat Mobility Global Expo 2025 in New Delhi on Friday, will introduce a range of six electric vehicle models by 2030. Suzuki Motor Corporation representative Director and President Toshihiro S ...Read More >
The Bihar government on Thursday (June 5, 2025) sanctioned compensation of ₹8.25 lakh under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989, to the family members of the 11-year-old Dalit girl who was raped and brutally assaulted with a knife, and later succumbed to her injuries at the Patna Medical College and Hospital (PMCH) on June 1. The State also announced a monthly pension of ₹7,700 for the victim's family, in addition to the allotment of a house under the Mukhyamantri Awas Yojana. According to officials, the girl, who was transferred from Muzaffarpu ...Read More >
Royal Enfield sold 82,257 motorcycles in November 2024, a 2% increase from last year. Exports nearly doubled to 10,021 motorcycles. The company launched the Goan Classic 350, Bear 650, and new EV brand Flying Flea at EICMA 2024. The fourteenth edition of Motoverse concluded with over 10,000 attendees and exciting new introductions. ...Read More >
Hyderabad: Excitement filled the air at Sandhya Theatre on the night of December 4 as eager fans flocked to watch the much-anticipated film 'Pushpa 2: The Rule'. The atmosphere outside the theatre was electric, with fans waiting eagerly in long queues, all ready to witness the action-packed sequel. Speaking to ANI, one excited fan, after watching the film, shared his thoughts, saying, "The climax was awesome!" The premiere event, held on Wednesday also turned into a grand celebration as actor Allu Arjun, along with co-star Rashmika Mandanna, graced the occasion, adding to the buzz surrounding ...Read More >
SSAB, a Nordic and US-based steel company, along with its subsidiary Ruukki Construction, has announced a donation of roofing products and steel to aid in the reconstruction of war-damaged buildings in Ukraine. This philanthropic effort is in collaboration with the nongovernmental organisation OperationAid, focusing on the Mykolaiv region's urgent rebuilding needs. The donation includes approximately 3,000m² of colour-coated steel for roofing, manufactured at Ruukki's plant near Ukrainian capi ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added. Earlier in March last year, the government rolled out an electric-vehicle policy, under which duty ...Read More >
New Delhi: Zerodha co-founder and CEO Nithin Kamath has tweeted regarding his analysis of stock market data, that showed Mumbai and Ahmedabad account for 80 percent of the equity delivery trade. Kamath tweeted, "Ahmedabad and Mumbai account for 80% of equity delivery trades. Let that sink in. Essentially, the real money is with Gujjus. Btw, Gujarat accounts for just 8% of the total registered investors, and the share has been falling." A lot of reactions poured in on X (formerly Twitter) on Kamath's post. Co-founder of Freecharge and the founder of CRED Kunal Shah promptly responded saying " ...Read More >