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, Jul 8 (PTI) Ramco Systems FZ-LLC, the subsidiary of global payroll software provider Ramco Systems, has collaborated with MCA Management Consultants to enable organisations in the Gulf Cooperation Council region, to transform their payroll operations, a top official said on Tuesday. MCA Management Consultants is a leading professional services firm based out of the GCC region. The partnership leverages Ramco's innovative payroll platform and managed services in conjunction with the expert advisory services of MCA Management Consultants. Together both the parties would enable organisations in the GCC region to transform their payroll operations, Ramco Systems said in a company statement here on Tuesday. On partnering with MCA Management Consultants, Ramco Systems Executive Vice President and SBU Head-Global Payroll and HR, Rohit Mathur said, "As organisations across the GCC region embark on payroll transformation journeys, they are looking for partners who not only bring innovative technologies but a deep understanding of local market dynamics." "By aligning with MCA Management Consultants, we are deepening our commitment to helping organisations in the GCC region to streamline their payroll operations," he said. The partnership provides organisations in the GCC region with the synergy of HR Advisory and Transformation Services offered by the MCA Management Consultants as well as Ramco's Payce Platform, which enables organisations with fast, effortless and precise payroll management. "Our collaboration (with Ramco Systems) will help customers to accelerate their payroll transformation journeys with the confidence that they are supported by two organisations that are deeply invested in their success." MCA Management Consultants, Senior Partner Lakshmanan said. PTI 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 [India], August 4 (ANI): Aam Aadmi Party (AAP) MP Sanjay Singh on Monday moved a notice under Rule 267, demanding suspension of business in the upper house of Parliament to discuss the alleged discrepancies in conduct of the Staff Selection Commission (SSC) Selection Post Phase-13 exam, which has led to damaging of the public trust in the government organisation, seeking an independent and impartial review of the examination process. In this examination conducted for various government posts, widespread technical failures such as software cache, errors in biometric verification and ...Read More >
MUMBAI: It looked like a message, but it behaved like a mole. Meta has warned around 200 users most of them in Italy after uncovering a targeted spyware campaign that weaponised a fake version of WhatsApp to infiltrate devices. The attack, first reported by Agenzia Nazionale Stampa Associata, relied on classic social engineering with a modern twist: persuading users to download an unofficial WhatsApp clone embedded with surveillance software. The malicious application, believed to be developed by Italian firm SIO through its subsidiary ASIGINT, was designed to mimic the real app closely enough ...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 >
BANGALORE, India, Oct. 16, 2025 /PRNewswire/ -- Datamine, a global leader in mining software solutions, and Aereo, a pioneer in AI-powered drone and geospatial intelligence, have announced a strategic global partnership to transform how mines are planned, monitored, and optimized. From left to right: Shouvik Majumder, Senior VP - Growth, Aereo; Sandeep Ray, Executive Director, Datamine; Vipul Singh, CEO & Co-founder, Aereo; and Suhas Banshiwala, Co-founder & CTO, Aereo. The collaboration brings together Datamine's proven suite of mining software trusted by more than 1,500 companies in over 1 ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...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 >
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 >
New Delhi, July 17 (SocialNews.XYZ) Worldwide IT spending is expected to total $5.43 trillion in 2025, an increase of 7.9 per cent compared to 2024, a report said on Thursday. While there is a slowdown in business due to the ongoing geopolitical scenario, the spending on AI-oriented infrastructure would lead to spending in the IT sector, Gartner, an IT consultancy firm, forecasted in its recent report. "While there is a business pause on net-new spending due to a spike in global uncertainty, the effect is subsumed by ongoing AI and generative AI (GenAI) digitisation initiatives," said John-D ...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 >
(RTTNews) - Indian shares were moving lower on Monday amid concerns over persistent selling by FIIs and renewed uncertainty around U.S.-India trade negotiations. Global sentiment also remains fragile as investors continue to reduce exposure to tech stocks on valuation concerns. The benchmark BSE Sensex was down 320 points, or 0.4 percent, at 84,946 in early trade, while the broader NSE Nifty index dipped 105 points, or 0.4 percent, to 25,941. Among the prominent decliners, TMPV, Power Grid Corp, Bajaj FinServ and Mahindra & Mahindra fell 1-2 percent. Dr Reddy's Laboratories fell about 1 pe ...Read More >
PNN Hyderabad (Telangana) [India], December 6: We are thrilled to announce that ABSYZ Software Consulting, a Youngsoft company, and a trusted Salesforce partner since 2014, has been elevated to Salesforce Summit Partner status, the highest recognition within the Salesforce consulting ecosystem. This milestone highlights ABSYZ's unwavering commitment to excellence, innovation focused on customer needs, and delivering transformative results for clients through its global Salesforce implementations. As one of the elite 5% of Salesforce consulting partners worldwide, this achievement reflects ou ...Read More >
Umwelt.Ai has partnered with PeopleStrong to enhance employee experiences and streamline HR processes through advanced AI-driven engagement solutions. This collaboration combines Umwelt.Ai’s cutting-edge analytics and sentiment analysis with PeopleStrong’s expertise in Human Capital Management (HCM), delivering real-time insights to tackle workforce challenges. The partnership aims to boost employee satisfaction, retention, and productivity, aligning with the rapid growth of India’s employee engagement market. Umwelt.Ai’s CEO Vishal Chopra emphasized its role in fostering dynamic workplaces, w ...Read More >
Hyderabad -- Phenom, an AI company specializing in HR, today announced it acquired EDGE, a leading resource management and talent mobility platform. The acquisition of the Bengaluru-based company strengthens Phenom's workforce intelligence solutions for the professional services industry and global capability centers (GCC). The sixth acquisition and addition to the Intelligent Talent Experience platform portfolio marks a significant step in Phenom's purpose to help a billion people find the right work. This acquisition demonstrates the company's expansion in the India market with its rapidly ...Read More >
Nagpur: Congress Legislature Party leader Vijay Wadettiwar questioned the govt's priorities on Tuesday, highlighting the increasing number of farmer suicides in Maharashtra. He accused the govt of neglecting agrarian crisis while approving Rs20,000 crore for Shaktipeeth highway project."Money is available for massive infrastructure projects, but where is the budget for farm loan waivers as promised by the BJP before last year's assembly polls to the farmers?" Wadettiwar asked while moving an adjournment motion in the Legislative Assembly. He cited official data showing that between January and ...Read More >
New Delhi: India's Global Capability Centres (GCCs) have flourished on the back of robust infrastructure, business-friendly reforms and a deep talent pool but sustaining this momentum will require more work, Department of Economic Affairs (DEA) secretary Anuradha Thakur said on Monday. A targeted policy push, deeper Centre-state coordination and curriculum upgrades were among tasks lying ahead. Speaking at the CII (Confederation of Indian Industry) GCC's Business Summit, Thakur said the core drivers of India's rise as a global hub for GCCs included strong physical and digital infrastructure, ...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 >
Gurgaon, 2nd July 2025 - Capterra India announced its 2025 HR Software Trends Survey, shedding light on the transformative shifts within India's human resources landscape. The comprehensive survey, which includes insights from 294 Indian HR professionals, highlights how organisations are leveraging technology to navigate rising costs, widening skills gaps, and the pervasive influence of Artificial Intelligence (AI). The survey identifies four critical trends shaping HR in India: The urgent need for training and upskilling current employees stands out as a top operational challenge, cited by ...Read More >
NOIDA, India , July 10, 2025 /CNW/ -- HCLSoftware, a global leader in enterprise software solutions, announced today the launch of HCL Domino 14.5. Specifically targeting governments and regulated organizations concerned with their data privacy, HCL Domino 14.5 ushers in significant enhancements to the Domino+ sovereign collaboration portfolio, including the introduction of Domino IQ, a sovereign AI extension to the Domino platform that protects an organization's data privacy and ensures information security. Users of the HCL Domino platform leverage powerful AI to automate tasks, analyse dat ...Read More >
Orion Innovation Expands India Footprint with State-of-the-Art Pune Facility to Drive Global Growth Orion Innovation Logo 3 min read Last Updated : Oct 14 2025 | 3:45 PM IST PRNewswire Pune (Maharashtra) [India], October 14: Orion Innovation ("Orion"), a leading digital transformation and product development services company, today announced the opening of its new delivery center in Pune, further strengthening its established presence in India and expanding its global innovation capabilities. ...Read More >
Hyderabad, Nov 4 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy has sought Germany's support for the vision to develop Hyderabad as a global innovation hub. Telangana seeks a strong partnership with Germany in key investment areas, including IT, pharma, and automobiles, he said when a delegation led by German Consul General Michael Hasper called on him here on Tuesday. The German delegation informed the Chief Minister that Deutsche Börse, a leading global financial services company, is launching its Global Capability Centre (GCC) in Hyderabad as part of its expansion plans. The ...Read More >
NewsVoir Noida (Uttar Pradesh) [India], April 8: Experion Developers, a leading luxury real estate group, has announced that it has clocked Rs. 1,800 crore in sales at the launch of its luxury residential development located in Sector 151 on the Noida-Greater Noida Expressway. The company has sold approx. 400 units in Experion SAATORI which is situated 3 km from the Sector 148 metro station and is a short drive away from Noida International Airport at Jewar. The project benefits from excellent connectivity to major employment hubs across Noida and Delhi-NCR and is situated in a high-growth c ...Read More >
Mumbai -- NTT DATA, a global leader in digital business and technology services, and Cisco today unveiled a new co-sponsored IDC InfoBrief, Wired for Intelligence: A CIO Guide to Enterprise Networking for AI. The study shares strategic guidance for organizations seeking to accelerate transformation by modernizing their network infrastructure. As organizations integrate AI into more applications, from manufacturing and healthcare to financial services, the demand for high-speed, low-latency, and secure networks is surging. Legacy infrastructure is no longer sufficient to support the scale and ...Read More >
Datamine and Aereo Announce Global GTM Partnership for delivering AI-enabled Mining Solutions Datamine & Aereo join forces to power the next era of AI-driven mining. 3 min read Last Updated : Oct 16 2025 | 6:00 PM IST PRNewswire Bangalore (Karnataka) [India], October 16: Datamine, a global leader in mining software solutions, and Aereo, a pioneer in AI-powered drone and geospatial intelligence, have announced a strategic global partnership to transform how mines are planned, monitored, and op ...Read More >
NEW DELHI: Government-owned gas giant GAIL (India) Limited has announced that its wholly-owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has re-engaged with process licensor INEOS to support the revival of its plant. The renewed collaboration has been formalised through an amendment agreement signed here, GAIL said. "This marks a significant step towards the revival of GMPL's 1.25 MMTPA Purified Terephthalic Acid (PTA) manufacturing plant located at the Special Economic Zone (SEZ) in Mangalore," according to a GAIL statement. The collaboration marks a pivotal development in t ...Read More >
Gurgaon (Haryana) [India], July 3: Capterra India announced its 2025 HR Software Trends Survey, shedding light on the transformative shifts within India's human resources landscape. The comprehensive survey, which includes insights from 294 Indian HR professionals, highlights how organisations are leveraging technology to navigate rising costs, widening skills gaps, and the pervasive influence of Artificial Intelligence (AI). Also Read | 'Bade Achhe Lagte Hain 4': Bhagyashree and Rishabh's Secret Marriage Faces Threat As Society Meeting Sparks Tension and Doubts (Read More). The survey ident ...Read More >
New Delhi, Aug 3 (PTI) Disruptions from Artificial Intelligence (AI) will be brief and new jobs will emerge, Karnataka's IT and Biotechnology Minister Priyank Kharge has said, highlighting the state's large-scale reskilling initiatives are underway to prepare talent for new-age technologies. In an interview with PTI, Kharge asserted that Karnataka retains a comfortable lead over others in technology, with strong data and performance vectors backing its position. The state encourages innovation ...Read More >
Gurgaon, 2nd July 2025 - Capterra India announced its 2025 HR Software Trends Survey, shedding light on the transformative shifts within India's human resources landscape. The comprehensive survey, which includes insights from 294 Indian HR professionals, highlights how organisations are leveraging technology to navigate rising costs, widening skills gaps, and the pervasive influence of Artificial Intelligence (AI). The survey identifies four critical trends shaping HR in India: 1. Upskilling is Now a Strategic Imperative The urgent need for training and upskilling current employees stands ...Read More >