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: The business value of the Indian Premier League (IPL) has jumped by over 10 per cent in the last year, according to the global investment firm, Houlihan Lokey. HL, who have come out with yearly IPL brand valuation studies, held that IPL's current business value stands at $18.5bn (over Rs 155,000 cr; in 2024, it was $16.4bn). The firm said that the IPL's brand value has also surged from $3.4bn to $3.9bn (over Rs 32,000 cr). "This growth underscores the league's expanding commercial appeal, global reach and deepening fan engagement," the report said. The 18th edition of the league, won by Bengaluru franchise for the first time last month, helped the franchise become the No. 1 in terms of brand value in the 10-team league. Its brand value in 2025 stands at just under $270mn, up by 18.5% in the last 12 months.
WPL 2025 Auction: The WPL 2025 auction is scheduled for December 15 in Bengaluru, with 120 players, including 91 Indians and 29 international stars, up for selection. The event will see franchises compete for spots to build their squads, with 19 available positions remaining. Key players like Tejal Hasabnis, Heather Knight, and Deandra Dottin are among the prominent names. Fans can watch the auction live on Sports18 and JioCinema, starting at 3 PM IST.The much-awaited Women's Premier League (WPL) ...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 >
Chandigarh: Apart from stand-in skipper Smriti Mandhana, another India cricketer created a flutter with her performance against England in the first T20I at Trent Bridge, Nottingham on Saturday. Wearing a blue headband over her pixie haircut, left-arm spinner Shree Charani hogged the spotlight on T20I debut by claiming four wickets for 12 runs to help India hand England their heaviest defeat, by a comprehensive 97 runs. The 20-year-old, who had played five ODIs since her international debut in April, showed her mettle to announce her arrival in the shortest format for India with a bang. Indi ...Read More >
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished," the Ministry of External Affairs said. Also Read | India Urges Bangladesh ...Read More >
NEW DELHI : Shreyas Iyer's off-field value is rising in tandem with his on-field success. Punjab Kings' second appearance in the Indian Premier League (IPL) final after an eleven-year wait will likely boost Iyer's brand value by 20-25%, according to talent consultants. With his unbeaten 87-run captain's knock in the qualifier 2 against Mumbai Indians on 1 June, Iyer achieved the rare feat of leading three different IPL teams into the final -- a first in the history of the world's second-richest sports league. Iyer led Kolkata Knight Riders to the title in 2024 and Delhi Capitals to their fir ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
From Lucknow To Stars: 5 Lesser-Known Facts About Shubhanshu Shukla - 1st Indian On International Space Station The cricketing world is currently abuzz with rumors and speculation that India's wicket-keeper batter and currently Rajasthan Royals skipper Sanju Samson can join Five-Time IPL Champions Chennai Super Kings anytime soon ahead of Indian Premier League (IPL) 2026. According to reports, CSK is willing to offer their Two Champion players in order to get Sanju in the Anubden. Former analyst of South Africa and Royal Challengers Bengaluru Prasanna Aghoram, posted a cryptic tweet confirmin ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Chandigarh: Haryana chief minister Nayab Singh Saini on Tuesday said the state govt was consistently working to provide better resources to the doctors and quality healthcare services to the citizens.He mentioned that medical colleges were being established in every district.While there were only six medical colleges in 2014, the number has now increased to 15, and nine new colleges are under construction. As a result, MBBS seats in the state increased from 700 in 2014 to 2,185, at present. The state govt aims to increase the MBBS seats to over 3,400 by 2029, said Saini.The CM was addressing a ...Read More >
The latest Indian Premier League (IPL) valuation study by Global Investment Bank Houlihan Lokey has revealed Royal Challengers Bengaluru (RCB) as the most valuable team in the league. The Bengaluru-based side ended a 17-year title drought with a victorious campaign this year. The report claimed that RCB trumped Chennai Super Kings (CSK) to reach the top position. Their value jumped from $227 million to $269 million. Chennai, on the other hand, dropped to the third spot with a value of $235 million. They were placed No. 1 in 2024 with a brand valuation of $231 million. Mumbai Indians (MI) occ ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): The Karnataka State Cricket Association (KSCA) held a key meeting on Friday to decide the next course of action following the stampede incident outside M Chinnaswamy Stadium in Bengaluru. The meeting was being chaired by KSCA President Raghuram Bhat. Also Read | SSC Recruitment 2025: Staff Selection Commission Releases Stenographer Grade C & D Exam 2025 Notification, Know How To Apply at ssc.gov.in. More details are awaited. Earlier in the day, top senior officials of Karnataka State Cricket Association (KSCA), secretary A Shankar and treasurer ...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: 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 >
New Delhi [India] July 5 (ANI): The Outer Delhi Warriors, the newest entrant in the Delhi Premier League (DPL T20), are officially set to make their much-anticipated debut in Season 2, according to a release from Outer Delhi Warriors. The franchise made an immediate impact by emerging as the highest bidder at Rs 10.6 crore and has wasted no time in announcing its intent, signing IPL sensation Priyansh Arya as its marquee player ahead of the player auction on July 6. Arya, who was the breakout star of DPL 2024 with 608 runs and six sixes in an over, went on to light up the IPL with Punjab Kin ...Read More >
New Delhi, July 5 (SocialNews.XYZ) India pacer Mohammed Shami's estranged wife, Hasin Jahan, has accused him of 'defaming her and hiring criminals' to defeat her amid the legal battle going on between the couple for years. Jahan didn't stop there and went on to call Shami 'characterless, greedy, and mean-minded' in an Instagram post on Friday. Her comments came after the Calcutta High Court ruling directing Shami to pay Rs 4 lakh per month to her and their daughter Aaira as part of a divorce case. The couple's four-year marriage ended in 2018 after Jahan, a former model, accused Shami of dome ...Read More >
Srinagar, Jun 7 (PTI) Authorities on Saturday barred Eid prayers from taking place at the Eidgah ground and the Jama Masjid in the old city here, while Hurriyat Conference chairman Mirwaiz Umar Farooq claimed that he was put under house arrest. "Anjuman Auqaf Jama Masjid Srinagar deeply regrets to inform that the authorities have once again disallowed Eid-ul-Adha prayers at the Eidgah as well as at the historic Jama Masjid in Srinagar by closing the gates of the mosque and deploying police personnel outside," the management of the historic mosque said in a statement. ...Read More >
Bengaluru (Karnataka) [India], June 7 (ANI): Top senior officials of Karnataka State Cricket Association (KSCA), secretary A Shankar and treasurer ES Jairam, tendered their resignations from their posts, taking 'moral responsibility' for the stampede that took place near M Chinnaswamy Stadium on Wednesday ahead of Royal Challengers Bengaluru (RCB) team's felicitation after winning their Indian Premier League (IPL) title by defeating Punjab Kings (PBKS) in a tight final on Tuesday. As per ESPNCricinfo, the resignation has been submitted to the president of the board, Raghuram Bhat. Also in Be ...Read More >
New Delhi, Jun 8 (PTI) Aam Aadmi Party's Rajya Sabha MP Sanjay Singh and Delhi unit chief Saurabh Bharadwaj on Sunday visited the demolition site of the Madrasi Camp slum cluster, where they met with displaced residents, and intensified their attack on the BJP over the recent eviction drive. They alleged that Prime Minister Modi's promise to slum dwellers of 'jahan jhuggi wahan makan' - house at the site of their hutment - has "proved to be hollow like many others". There was no immediate response available from the BJP or the Delhi government over the accusations. The Madrasi Camp -- a jhu ...Read More >
Bengaluru [India], : For Josh Hazlewood and Bhuvneshwar Kumar who will be returning to the Royal Challengers Bengaluru squad for the second time after being picked in the Indian Premier League 2025 auction, feels, it is more than just a professional opportunity it is a heartfelt homecoming and a very special one. Interestingly, both the players have worn the RCB jersey before but never shouldered the bowling responsibilities at the 'Chinnaswamy' in any of the past seasons of IPL. Both are eager ...Read More >
Royal Challengers Bengaluru have signed New Zealand's Tim Seifert for Rs 2 crore as a replacement for England's Jacob Bethell for the remainder of the IPL 2025 season. Bethell will depart after RCB's final league match against Sunrisers Hyderabad to join the England national team. Seifert's inclusion will be effective from Bethell's departure date.Royal Challengers Bengaluru (RCB) announced on Thursday the signing of New Zealand wicketkeeper-batter Tim Seifert as a replacement for England's Jacob ...Read More >
Bengaluru (Karnataka) [India], June 8 (ANI): BJP leader CT Ravi has condemned the Karnataka government over the stampede tragedy outside Chinnaswamy Stadium during RCB's IPL victory celebrations, which claimed 11 lives. Ravi held Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar responsible for the tragedy, saying that 'such an event could only have been organized with their permission.' Speaking to ANI on Sunday, Ravi said, 'Such an event could have only been organised with the CM and Dy CM's permission. They are the reason behind this tragedy... Can they bring back the peo ...Read More >
Jaipur (Rajasthan) [India], July 4 (ANI): Rajasthan Chief Minister Bhajanlal Sharma on Friday applauded Prime Minister Narendra Modi, stating that his work, proficient diplomacy and governance have elevated India to the ranks of the world's most powerful and respected nations. Addressing the 12th Bharat Gaurav Award ceremony held in London through video conferencing, Sharma mentioned that India's invaluable talent has showcased the country's strength and potential through their actions around the world. He further stated that the event was not only a celebration of honouring Indian talents b ...Read More >
The Indian Premier League (IPL), which began in 2008, revolutionized Indian cricket. Inspired by its success, several state-level T20 leagues have emerged, including notable ones like TNPL and DPL (Delhi Premier League). Launched in 2024, the DPL had a successful debut season with six teams. For the 2025 edition, two new franchises -- Outer Delhi and New Delhi -- have been added, expanding the competition to eight teams. In a move similar to the IPL, the DPL will now feature a player auction, giving cricketers a golden opportunity to earn big. Here's everything you need to know: Players hav ...Read More >
The Kerala Cricket Association (KCA) aims to introduce a women's segment to its flagship T20 event, the Kerala Cricket League (KCL), within a season or two. KCA Secretary Vinod S Kumar said most of the six franchises have shown interest in the women's event. "The idea existed right from the first season. But we didn't have much time, and the league had to be held before the BCCI domestic season began. This season, we will launch two mascots, one as a promotion for the future women's league," said Vinod S Kumar. The KCA secretary said Malayali women officials could play a prominent role in th ...Read More >
The Indian Premier League (IPL) has witnessed an unprecedented surge in its business valuation, now standing at a whopping $18.5 billion (₹1.56 lakh crore). This is a massive 12.9% increase from last year, according to the latest report by global investment bank Houlihan Lokey. The report highlights IPL's position as one of the most valuable sports leagues globally and its growing commercial appeal and fan engagement in the digital space. The report also highlights a significant increase in IPL's brand value, which has grown by 13.8% in 2025 to reach $3.9 billion (₹32,721 crore). This is a 16 ...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 >
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. Also Read | VPL 2025 Points Table Updated With Net Run Rate: Bharat Rangers At Top Spot, Pagariya Strikers Ra ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
Gandhinagar: In households in Gujarat's cities, cereals may take up less space in the grocery bill, but they still dominate the dinner plate. A new Union govt report shows that cereals, while accounting for just 3.8% of household spending, supply 35% of total calorie intake in cities. In villages, their role is even more dominant, making up 43% of calorie consumption while accounting for 4.5% of total spending.Cereals also account for a major portion of protein intake for people in Gujarat.These insights come from the Centre's latest "Nutritional Intake in India" report, which tracks food patt ...Read More >