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.
New Delhi: Tata Consumer Products Limited (TCPL) is setting ambitious growth plans for its coffee business in India, focusing on expanding its Tata Starbucks cafe network and vending machine operations. TCPL, a part of the Tata Group, operates Tata Starbucks as a joint venture with Starbucks Corporation on a 50:50 basis. The coffee chain aims to scale up to 1,000 outlets by FY2027-28 from its current count of 457 stores across 70 cities as of September 2024.
NEW DELHI: India on Friday distanced itself from the White House's call to award the Nobel Peace Prize to US President Donald Trump, saying any such queries should be directed to Washington. This came after White House Press Secretary Karoline Leavitt claimed that Trump had brokered peace in multiple global conflicts, including between India and Pakistan."As far as the statements of the White House are concerned, please take your question to them," said ministry of external affairs spokesperson Randhir Jaiswal when asked about the Nobel suggestion.Leavitt had claimed that Trump had ended confl ...Read More >
New Delhi, Nov 3 (PTI) Tata Consumer Products Ltd (TCPL) on Monday reported a 10.7 per cent increase in consolidated net profit to Rs 406.51 crore in the second quarter ended September 2025, led by India business. The company had posted a consolidated net profit of Rs 367.21 crore in the July-September quarter a year ago, according to a regulatory filing from TCPL, the Tata group's FMCG arm. Its revenue from operations rose by 17.83 per cent to Rs 4,965.9 crore in the September quarter of FY'26. It was at Rs 4,214.45 crore in the year-ago period. In the September quarter, TCPL's overall bra ...Read More >
New Delhi [India], July 10 (ANI): The Public Works Department (PWD) cancelled the tender for renovation of Chief Minister Rekha Gupta's official residence on Wednesday. PWD cancelled the tenders for the renovation of Bungalow Number 1, including replacement of electrical wiring, fittings & fixtures and execution of various miscellaneous electrical works. Also Read | Volkswagen Reports Electric Vehicles Sales Surge in 2025. AAP Delhi President Saurabh Bharadwaj questioned the sudden cancellation, asking if such luxuries were genuinely required, why cancel the tender? "If such luxuries were ...Read More >
Blue Yonder, one of the world's largest supply chain software providers, said Monday it was working to restore services after the attack last week disrupted systems it hosts for customers. Blue Yonder said it didn't have a timeline for when services would be restored. The company said the attack didn't affect systems that run on public cloud-based platforms. Starbucks said Monday the ransomware attack affected company-owned stores in its network of around 11,000 sites in North America. It disrupted the coffee chain's ability to pay baristas and manage their schedules, leaving cafe managers t ...Read More >
New Delhi [India], August 1 (ANI): Senior Congress leader Manish Tewari on Friday slammed the government decision to privatise Air India, saying it been a disaster. Tewari expressed frustration over the airline poor performance under Tata Group management, citing frequent flight cancellations and delays without explanations. In a post on X, Tewari said, Government of India should take @airindia back from the @TataCompanies. They have run the airline into the ground. Flights cancelled at the drop of a hat , flights delayed without any explanation whatsoever. Tewari questioned the expertise o ...Read More >
Rachel Ruggeri, the Executive Vice President and Chief Financial Officer of Starbucks Corp (NASDAQ:SBUX), recently sold 1,452 shares of the company's common stock. The transaction, executed on November 15, 2024, was conducted at an average price of $99.07 per share, amounting to a total sale value of approximately $143,849. This sale was carried out as part of a pre-established Rule 10b5-1 trading plan, which Ruggeri adopted on November 28, 2023. Such plans allow company insiders to set up a predetermined schedule for selling stocks to avoid concerns about insider trading. In a separate tran ...Read More >
Jamshedpur: Jamshedpur's burgeoning coffee culture has reached an exciting milestone with the opening of the city's first Starbucks store. Nestled in the heart of Kadma's Inner Circle Road, the new outlet represents more than just a café; it's a celebration of global coffee traditions meeting the unique heritage of Tatanagar. Inauguration of Jamshedpur's first Starbucks store was done in the presence of Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel, along with the TATA Starbucks and Tata Steel teams. Once a city known primarily for its industrial might, Jamshedpur is wit ...Read More >
KOLKATA: Tata Group chairman Natarajan Chandrasekaran came down to Nabanna on Wednesday to meet Mamata Banerjee - the first time a Tata Group chairman has done so in her 14-year tenure as West Bengal CM - to discuss future investment in the state.Chandrasekaran met Banerjee for about an hour at the latter's 14th-floor office, also marking the first face-to-face conversation between a Bengal CM and the Tata Group's senior-most executive since the group's forced exit from Bengal in 2008 amid the tumultuous Singur agitation (which was led by Banerjee, then the state's principal opposition leader) ...Read More >
Mumbai (Maharashtra) [India], May 16 (ANI/PRNewswire): Tata AIA Life Insurance (Tata AIA Life), one of India's leading Life Insurance Companies, has introduced a more powerful version of its flagship annuity (guaranteed income for life) plan, Tata AIA Life Fortune Guarantee Pension. The new version includes some critical improvements, including higher annuity rates and death benefits, making it a must-have for the consumers to live financially independent and worry-free in their golden years. Longer life expectancy and reduced savings levels have made Retirement Income a major concern in the ...Read More >
THIRUVANANTHAPURAM: Free Uber rides, halwa and rice flour at Re 1 may sound like promotional offers, but they are part of the Election Commission's (EC) efforts to encourage young voters to participate in Kerala's Assembly polls on 9 April. The aim is to make voting a celebration rather than a routine chore. To attract young electors to polling booths, the EC is also exploring discounts at coffee chains such as Starbucks and Cafe Coffee Day, positive messaging by food and grocery delivery services including Blinkit, Swiggy, Zomato and Domino's, as well as AI videos, social media reels, compet ...Read More >