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.
Accor, a world-leading hospitality group, proudly announces the signing of Novotel Agra Fatehabad Road, marking the debut of the Novotel brand in Agra City. Set to open in 2029, this new address will exemplify Novotel's commitment to championing balanced living, balancing business and leisure to create a seamless experience for guests visiting the home of the iconic Taj Mahal. Spanning 13,000 square meters, Novotel Agra Fatehabad Road will offer 275 intuitively designed rooms starting at 28 square meters, offering a comforting and energised atmosphere for families and business travellers alike. Every detail will reflect Novotel's core values of balance, flexibility, and purposeful living. The hotel will offer an array of world-class dining experiences, including an all-day dining restaurant, a speciality restaurant, and a lively bar. Adding to its versatility, the hotel will feature state-of-the-art banqueting facilities with 2,000 square meters of flexible space designed to host social celebrations and corporate events. Leisure and wellbeing amenities will include a swimming pool, modern fitness centre, and ample parking, ensuring every need is met with ease and efficiency. The project is spearheaded by Crystal Vista Ventures LLP, under the leadership of Laxman Das Goyal and his family, whose legacy in hospitality includes the renowned Grand Mercure Agra and Crystal Inn Agra. This new venture is poised to strengthen the group's contribution to Agra's tourism and hospitality sector even further. Aniruddh Kumar, Vice President of Development, India & South Asia, Accor, said, "Novotel Agra Fatehabad Road is a significant milestone in our journey to bring balanced living to India's most dynamic destinations. We are delighted to collaborate again with Goyal family, whose dedication to excellence mirrors Novotel's vision of creating intuitive, family-friendly, and purpose-driven hospitality experiences. With its rich heritage and robust tourism potential, Agra City presents the perfect setting for this project. Novotel Agra Fatehbad Road exemplifies Accor's dedication to expanding our footprint in India and delivering world-class hospitality experiences to our guests." Laxman Das Goyal, partner of Crystal Vista Ventures LLP, expressing his enthusiasm for the project, stated, "Our partnership with Accor to bring Novotel to Agra reflects our shared commitment to providing world-class hospitality experiences. With Novotel Agra Fatehabad Road, we aspire to create a destination that caters to discerning global travellers while contributing significantly to the city's thriving tourism industry." With over 590 hotels across 65 countries and a robust pipeline of 160+ new properties, Novotel continues to set the standard for balanced living. As part of its Positive Impact Plan, Novotel is also committed to reducing its environmental footprint through sustainable operations and ocean conservation initiatives. In 2024, Novotel announced a three-year agreement with World Wildlife Fund for Nature (WWF) to champion the protection and restoration of the world's oceans, the greatest source of balance for the planet, through science-based action and conservation projects. As one of the largest international hotel groups in India, Accor operates 66 hotels across the country under the Raffles, Fairmont, Sofitel, Pullman, Grand Mercure, Novotel, Mercure and ibis brands. The Group has a strong pipeline of more than 30 hotels currently under development in India.
New Delhi, June 7 (SocialNews.XYZ) Union Minister of Earth Sciences (Independent Charge) Jitendra Singh on Saturday left for France to lead a high-level Indian delegation at the International Meet on Oceans. The event will be held at the French city of Nice, as part of the United Nations Ocean Conference (UNOC3) from June 8 to 13. "Looking forward to representing India at the French picturesque coastal city of Nice, in the United Nations Ocean Conference," Singh shared in a post on X. At the general debate at UNOC3, Singh will articulate India's stance on ocean policy, highlighting the coun ...Read More >
New Delhi [India], June 7 (ANI): Union Minister of Earth Sciences Jitendra Singh left for France on Saturday to lead a high-level Indian delegation at the International Meet on Oceans. Scheduled to be held at the French picturesque coastal city of Nice, the United Nations Ocean Conference (UNOC3) will take place from June 8 to 13. The high-level international gathering will bring together leaders, scientists, policymakers, and civil society actors from across the globe to discuss sustainable ocean governance and concrete actions for the health of the world's oceans, an official release said. ...Read More >
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
Bhubaneswar: Nature lovers have a fresh reason to visit Nandankanan Zoological Park in Odisha's Bhubaneswar, as the famed wildlife sanctuary welcomed seven baby yellow anacondas into its reptilian fold on Sunday -- a rare and exciting addition that underscores the zoo's growing reputation as a haven for exotic species. The tiny hatchlings were born to a breeding pair of yellow anacondas brought to Nandankanan from the Madras Crocodile Bank Trust in Chennai in October 2019. With these new arrivals, the zoo now proudly houses a thriving family of 14 yellow anacondas -- two adult males, two adul ...Read More >
Ramnagar: (Uttarakhand): The tiger population is rising consistently in the Corbett Tiger Reserve and the forest fringes around it. These days, many tigresses are sighted frequently with their cubs roaming in the forests. This is a big achievement for the forest department but poses a serious challenge, as well. Tigers increased in Corbett and Forest Division: There are more than 260 adult tigers in the Corbett Tiger Reserve at present. Cubs less than two years of age are not included in this count. Apart from this, according to the last All India Tiger Estimation Report, the presence of 67 ...Read More >
Goa Monsoon Feast - Select Taj and Vivanta's Finest Dining Destinations in Goa Come Together for a Limited Time Culinary Showcase Goa Monsoon Feast - Select Taj and Vivanta's Finest Dining Destinations in Goa Come Together for a Limited Time Culinary Showcase 3 min read Last Updated : Jul 04 2025 | 7:55 PM IST VMPL New Delhi [India], July 4: This July, the rains don't just bring romance to Goa -- they bring varied flavours, warmth and they bring an invitation unlike any other. Celebrate the Goa Monsoon Feast with seasonal delicacies, comforting curries, and soul-warming flavours -- all ser ...Read More >
In a groundbreaking conservation effort, a large-scale underwater cleanup at Sindhudurg’s coral reefs removed 300 kg of marine debris, marking a significant step in protecting the fragile ecosystem. Organized by environmental groups, the Maharashtra Forest Department, and local divers, the operation targeted harmful pollutants like fishing nets, plastic, and glass bottles. The cleanup, which took place over two days, aims to restore coral health by removing debris that suffocates corals and disrupts marine life. The initiative, supported by local communities, sets the stage for further efforts ...Read More >
Tata Steel launched an all-women mining shift at its Noamundi iron mine in Jharkhand, a first in India. This initiative builds on their "Women@Mines" program and aims to empower women in mining. The company trained local women to operate heavy machinery through the "Tejaswini" initiatives, leading to this milestone. Tata Steel also achieved 20% diversity in its India workforce.In order to bring in more diversity, Tata Steel has rolled out an all-women shift at its Noamundi iron mine in Jharkhand. ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Mumbai, Jul 8 (PTI) Indian Hotels Company Ltd (IHCL) on Tuesday announced the signing of a new 160-key greenfield hotel in Jaipur, Rajasthan, which will be under Vivanta brand. "Fuelled by major infrastructure developments, Jaipur has rapidly evolved as a key regional hub, significantly boosting demand from business and MICE segments apart from the long-established leisure segment. Also Read | Bodoland Lottery Result Today, July 08, 2025: Assam State Lottery Sambad Tuesday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. "This signing aligns with IHCL's strategy to expan ...Read More >
Pune : Radisson Blu Pune Hinjawadi announces the appointment of Mr. Prajanya Chauhan as Assistant Food and Beverage Manager. With an impressive career spanning 14 years in the hospitality industry, Prajanya brings with him a wealth of experience in food and beverage operations, guest satisfaction, and team leadership. A graduate in Hotel Management, his professional journey includes key roles at renowned hospitality brands such as Radisson Chennai, Cidade De Goa, Taj Vivanta Goa, Holiday Inn Goa, Novotel Goa, Della Resorts Lonavala, and Royal Orchid Hotel Bangalore. Recognized for his operati ...Read More >
Hyderabad: Two persons, including a restaurant owner, were caught by anti-drug enforcement wing EAGLE at Kompally on Monday night. The restaurant owner was placed under arrest after a search of his vehicle yielded the possession of cocaine and other narcotic substances. Police said he was both a consumer and supplier, abusing drugs at prominent pubs in the city, and supplying the contraband to fitness enthusiasts, IT professionals and doctors among other high-profile clients.EAGLE officials said that Surya Annamaneni, a BTech-MBA graduate, was sourcing the drug from several peddlers, both Indi ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Two top Karnataka State Cricket Association (KSCA) officials -- secretary A Shankar and treasurer ES Jairam -- resigned from their posts during an emergency managing committee meeting held on Saturday, accepting 'moral responsibility' for stampede near M Chinnaswamy Stadium in Bengaluru. The incident occurred during celebrations following Royal Challengers Bengaluru's (RCB) maiden IPL title win and claimed 11 lives and left dozens injured. KSCA President Raghuram Bhat confirmed the development, saying that the resignations were discussed and accep ...Read More >
NEW DELHI: After a sluggish start to 2025, the primary market is showing signs of revival with over a dozen companies having lined up their IPOs in the next three to six months buoyed by a stabilising secondary market and easing geopolitical tensions, merchant bankers said.Among the companies preparing to tap the capital markets are HDB Financial Services, a subsidiary of HDFC Bank, National Securities Depository Ltd (NSDL), Kalpataru, Rubicon Research, All Time Plastics, Regreen-Excel EPC India, and Paramesu Biotech, they added.Additionally, Credila, SK Finance, Veritas Finance, Paras Healthc ...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 >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
New Delhi, Jan 8 (PTI) Global hospitality major Radisson Hotel Group on Wednesday announced the opening of a new property at Vellore in Tamil Nadu. With the opening of The Park Inn by Radisson Vellore, the group now has seven hotels across the state under brands such as Radisson, Radisson Blu and Park Plaza, Radisson Hotel Group said in a statement. "This opening underpins our strategy of being the first mover and focusing on Tier III cities like Vellore where rich cultural heritage meets a growing economic landscape. This approach allows us to cater to diverse travellers while fostering new ...Read More >
New Delhi [India], June 8 (ANI): Union Minister of Earth Sciences Dr Jitendra Singh, addressing the Monaco Marine Conference on Sunday, reiterated India's commitment to a resilient Blue Economy and pointed out that Prime Minister Narendra Modi had spoken about it twice in his two consecutive Independence Day addresses. In a symbolic show of global cooperation for ocean sustainability commemorating the 'World Ocean Day' today, Union Minister Dr Jitendra Singh and Norway's Minister of International Development, Asmund Grover Aukrust, jointly hosted a high-level event on Marine Spatial Planning ...Read More >
Lucknow, Jul 9 (PTI) Six states, including Punjab and Karnataka, sent teams to study the Uttar Pradesh's excise policy, which helped the state increase revenue every year, a state minister said on Wednesday. Speaking with PTI, Uttar Pradesh Excise and Prohibition Minister Nitin Agrawal said that teams from six states of Odisha, Madhya Pradesh, Andhra Pradesh, Karnataka, Maharashtra and Punjab visited the state to study the excise policy. Asked about the policy features that were liked by the states, the minister said that the states came to study the UP's revenue model which increased the st ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of Miss Sneha Debnath, a resident of Sabroom, who has reportedly gone missing in New Delhi, has come t ...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 >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
MUMBAI/LUCKNOW: Backing the call for a uniform civil code in India, Uttar Pradesh CM Yogi Adityanath quoted on Sunday a recent statement by Allahabad HC judge Shekhar Kumar Yadav at an event in Mumbai to assert that "majority sentiments are respected globally". Speaking at a the World Hindu Economic Forum-2024 event in Mumbai, the CM attacked the Congress-headed opposition, saying that by the implementation of the Uniform Civil Code the difference between majority and minority communities needs ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
VMPL New Delhi [India], July 4: This July, the rains don't just bring romance to Goa -- they bring varied flavours, warmth and they bring an invitation unlike any other. Celebrate the Goa Monsoon Feast with seasonal delicacies, comforting curries, and soul-warming flavours -- all served with a side of magical rains. Only at the select specialty restaurants of Taj and Vivanta in Goa, where timeless elegance meets once-in-a-season indulgence. For the very first time, seven of Goa's iconic speciality restaurants across Taj and Vivanta unite to offer an exclusive, prix fixe monsoon menu experien ...Read More >
Amante Capital, KKR's dedicated European hospitality platform, will serve as managing partner to the joint venture LONDON--(BUSINESS WIRE)--Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International (NASDAQ:MAR) hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR's vertically integrated European hospitality platform, will serve as managing partner for the joint venture and the properties will continue as premium Marriott branded hotels. The portfolio ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
Puri: The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change (MoEF&CC) has recently recommended Environmental Clearance (EC) for the proposed Puri International Airport, a flagship infrastructure project of Odisha government, an official statement said Friday. The EAC has recommended environmental clearance for the project during its meeting held on June 26, the statement said. The project, aimed at transforming the coastal town of Puri into an international gateway, has recorded major progress with a series of key clearances and regulatory mileston ...Read More >