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.
Waaree Energies Limited, has reinforced its position as the nation's top solar module supplier, capturing a commanding 13.9 per cent share of total module shipments in FY2025, stated the company quoting the JMK Research & Analytics Annual India Solar Report Card. "Waaree's leadership position in India's solar module market validates our relentless focus on innovation, quality, and scale. This achievement represents more than market share - it embodies our commitment to powering India's energy in
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, Oct 7 (PTI) Leading FMCG companies have reported disruption in trade in September on account of implementation of new GST slabs, which in turn impacted revenue and profitability in the second quarter. Major players including HUL, Dabur and Marico, continued their momentum in July and August with a stable demand trends. However, in September, they had to absorb the transitory impact of disruption in trade channels on account of GST reforms and one of them expects the impact to drag in October. According to them, the consumers had deferred their purchase after the government announc ...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: Electric cars and two-wheelers clocked record monthly sales in March as customers advanced purchases amid aggressive promotions and fears of fuel and vehicle price hikes in FY27. Electric car registrations -- a proxy for retail sales as carmakers report only dispatches to dealers -- rose 49% on-year to 19,711 units in March, while those of electric two-wheelers surged 36% to 177,485 units, Vahan portal data on Tuesday showed. Also Read: India's EV transition must be inclusive, economically sustainable, says HD Kumaraswamy Momentum may Continue The previous monthly high for elect ...Read More >
New Delhi: Power minister Manohar Lal on Wednesday said establishing an energy storage system is essential to meet clean energy targets to stabilise the grid, optimise power generation and ensure round-the-clock electricity supply. Over the last three-four years, the cost of energy storage has significantly dropped, Lal said at the India Energy Storage Week conference here on Wednesday. "What was once ₹10 lakh/MW has now fallen to ₹2.5 lakh/MW per month, a reduction to one-fourth of the original cost," he said. As industries like steel and cement shift towards green hydrogen, India is pushi ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped inside a residential building that caught fire, the DCP said. With the help of police personnel and fir ...Read More >
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue.The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE.Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period.In a statement, HZL said the decline in revenue was due to reduced volumes and decreased prices for zinc and lead commodities, although this was somewhat compensated by increased silver ...Read More >
Crisil Ratings anticipates a 9-11% revenue increase for diversified EPC companies this fiscal year, fueled by infrastructure capital expenditure growth and efficient project execution. The study, encompassing 15 firms with a combined revenue of ₹3.15 lakh crore, highlights the sector's reliance on government and private capex. Diversified engineering, procurement and construction (EPC) companies are likely to witness a modest rise of 9-11 per cent in revenue in the current financial year, acco ...Read More >
The Hindustan Aeronautics Limited (HAL) has recorded a revenue of ₹32,250 crores (provisional and unaudited) for the financial year ended March 31, 2026, as against the revenue of ₹ 30,981 crores during the previous year. The Bengaluru headquartered defence PSU said that achievement was made possible despite the challenges faced in deliveries of LCA Mk1A and HTT 40 due to supply chain issues arising from geopolitical and technical challenges. However, deliveries of ALH, AL31-FP, RD-33 engin ...Read More >
News 2 min read Indian IT industry to see 30-35 pc high demand for niche tech roles in 2025 The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, according to a new report. New Delhi, The Indian IT industry is projected to see 30-35 per cent increased demand for highly-specialised tech roles in 2025, along with increased spending on upskilling in the coming years, acco ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
NEW DELHI/BATHINDA: The Directorate of Enforcement (ED) on Friday conducted searches at 22 de-addiction centres across Punjab, including in Chandigarh, Barnala and Ludhiana, after its investigation revealed illegal sale of drugs by these centres. The agency also searched a premise in Mumbai linked to the accused.Dr Amit Bansal, who runs these 22 centres, is prime accused in the case, sources said. Bansal, against whom Punjab Police has registered multiple FIRs, is alleged to be engaged in illegal sale of drugs from his de-addiction centres.Privately-run drug de-addiction centres in Punjab are ...Read More >
John Abrahams JA Entertainment renews lease of 3256 sq ft Bandra Pali Hill property for 2 years at 12 lakh monthly rent rising to 12.5 lakh, with a 66 lakh deposit If there's one Mumbai neighbourhood that Bollywood just can't get enough of, it's Bandra and it looks like John Abraham is in no mood to move out anytime soon. The actor has once again locked in a premium address, quietly extending his stay in one of the city's most sought-after pockets. According to property registration documents a ...Read More >
New Delhi [India], July 10 (ANI): GAIL (India) signed a Gas Sale and Purchase Agreement with Oil India Limited (OIL) for extending the existing Gas Sale and Purchase Agreement for another 15 years, starting from 1st July, 2025, according to an official statement by the company. GAIL on Thursday stated that the agreement is to supply up to 900,000 Standard Cubic Meters per Day (SCMD) of natural gas from OIL's Bakhri Tibba Block of Rajasthan, covering Dandewala, Tanot and Bagi Tibba fields. The agreement was executed by Sumit Kishore, ED (Marketing-Gas), GAIL, and Ranjan Goswami, ED (BD), OIL, ...Read More >
New Delhi, Jul 13 (PTI) India's biggest real estate firm DLF's Chairman Rajiv Singh's remuneration rose 34 per cent annually to ₹36.65 crore in the last fiscal, following better performance of the company, according to its latest annual report. As per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2024-25, the DLF's Chairman and whole-time director has received ₹36.65 crore as remuneration for the last fiscal against ₹27.30 crore in the preceding financial year. Out of the total remuneration paid to the DLF Chairman, ₹34.53 crore has been in the for ...Read More >
MUMBAI, July 17 (Reuters) - India's largest property developer DLF (DLF.NS), opens new tab expects to review offers from potential partners, as it works on a project to build luxury flats in a slum area of Mumbai that marks its return to the city, it said on Thursday. DLF left Mumbai more than a decade ago, when it sold off land to reduce debt and turned its focus to New Delhi and regions around the capital. It had since become one of India's largest luxury property developers, building premium ...Read More >
State Bank of India is set to recruit approximately 3,500 officers to strengthen its operations. The bank is also focusing on increasing its women workforce to 30 percent within the next five years. This initiative aims to enhance gender diversity across all levels of the organization. SBI is implementing various programs to support women employees and foster leadership opportunities. The country's biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its oper ...Read More >
Mumbai: Arvind SmartSpaces has kicked off the new financial year with a major expansion move, securing its largest residential project in Mumbai while restructuring stakes to support growth. Arvind SmartSpaces Limited has signed a high-rise residential project in Goregaon West, Mumbai, with an estimated top-line potential of approximately Rs 2,400 crore. The project will offer around 0.67 million square feet of saleable carpet area and will be developed in partnership with Sigma Oxford Realtors. This marks the company's third project in the Mumbai Metropolitan Region and its second high-rise ...Read More >
Bhubaneswar: The capital city turned into a canvas of colour and devotion on Friday as thousands of devotees thronged the streets to witness Rath Yatra celebrations. Over 50 large and small chariots carrying the idols of Lord Jagannath, Lord Balabhadra and Devi Subhadra were pulled through different parts of the city, accompanied by chants of 'Jai Jagannath'.The air reverberated with sounds of devotional music as people from all walks of life joined hands to pull the intricately decorated wooden chariots. Dressed in traditional attire, devotees danced to the rhythms of Odisha's folk instrument ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitten by a snake in Bilaspur, while one was killed after falling from a height, the State Emergency Oper ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
New Delhi, March 31: The outlook for Indian markets in the next fiscal year remains structurally optimistic once geopolitical tensions subside and crude oil prices stabilise, analysts said, even as domestic equities ended FY26 on a bearish note, with Sensex plunging 7 per cent. In 2025-26, the BSE benchmark plunged 5,467.37 points, or 7 per cent, and the NSE Nifty dropped 1,187.95 points, or 5 per cent. The year was dominated by global macro uncertainty, persistent geopolitical tensions, elevated crude prices, and aggressive FII (Foreign Institutional Investors) outflows, which collectively ...Read More >
Boston, MA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 and 39 weeks ended September 29, 2024 (Q3 2024 and YTD Q3 2024, respectively). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks; fiscal years referred to in this release consist of 52-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars. The third quarter marked continued progress against key strategic priorities for the Comp ...Read More >
New Delhi: India's $1.2 billion AI Mission is turning into a big opportunity for homegrown cloud service providers, due to an increase in graphic processing unit (GPU) demand and government-backed infrastructure procurement. Local firms like Reliance Jio Platforms,Tata Communications Ltd and Hiranandani Group's Yotta Data Services are witnessing significant growth, buoyed by the Union government's push to build a massive compute backbone for artificial intelligence (AI). This is because these cloud service providers account for the bulk of the 34,333 GPUs procured by New Delhi, which in turn ...Read More >
India's hotel demand is set to outpace supply for the next three years, driving higher prices and occupancies, says ICRA. The rating agency forecasts a 5-6% CAGR in supply vs. 8-10% in demand, with expansion into Tier-II/III cities. Demand for hotels in India is expected to continue to outpace the supply addition, at least over the next three years, rating agency ICRA said Monday, inferring that the demand-supply mismatch augurs well for the pricing environment and occupancies for the key hospit ...Read More >
Ahmedabad -- Senores Pharmaceuticals Limited today announced that it has entered into a definitive agreement to acquire 100% equity stake in Apnar Pharma Private Limited ("Apnar Pharma"), along with the acquisition of five Abbreviated New Drug Applications (ANDAs), marking a significant milestone in Senores' growth strategy across regulated pharmaceutical markets. Apnar Pharma, incorporated on December 12, 2014, is a privately held pharmaceutical company engaged in the licensing, development, and manufacturing of generic formulations for regulated markets including the United States, the Unit ...Read More >
Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming damages of ₹25 crore, said the legal notice sent on Tuesday. The notice sent through Mr. Ramchander Rao ...Read More >
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue.The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE.Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period.In a statement, HZL said the decline in revenue was due to reduced volumes and decreas ...Read More >
Mumbai - Affordable Robotic and Automation Limited (ARAPL) (BSE: 541402 | NSE: AFFORDABLE), a pioneer in industrial automation and smart robotic solutions, has reported a narrowing of net losses in the first quarter of FY26, supported by efficient cost management, steady demand, and a strong order pipeline. For the quarter ended June 30, 2025, ARAPL's standalone net loss stood at ₹3.60 crore, compared to ₹4.74 crore in the same period last year. Operating income was stable at ₹18.77 crore, versus ₹19.19 crore in Q1 FY25, reflecting continued market demand. EBITDA loss reduced sharply by 41% t ...Read More >
New Delhi, 28 August 2025: With a significant approach towards synergizing the City Gas Distribution Plan, the Petroleum and Natural Gas Regulatory Board has come across a remarkable milestone. To achieve the target, a strong and coordinated synergy between the states and the entities is imperative. PNGRB has set a Minimum Work Programme (MWP) target of 12.63 crore PNG Domestic Connections, 18,336 CNG Stations, and 5.46 lakh inch-km of pipeline infrastructure to be achieved by 2034 and has assigned a minimum target of 7.85 crore out of the total 12.63 crore PNG connections and 10,131 out of 1 ...Read More >