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.
Mysuru joins Vi's 5G map - Vodafone Idea has launched 5G in Mysuru, its second city in Karnataka state after Bengaluru, as part of a wider rollout across 17 priority telecom circles in India. 4G backbone boosted - The telco has upgraded its 4G network in Karnataka with new spectrum deployments, increasing capacity by 41% and improving service performance. Expansion accelerates - Vi plans to bring 5G to 23 more cities, aiming to strengthen its network footprint and compete more effectively with rivals in the Indian 5G market. Indian telecom operator Vodafone Idea (Vi) has extended its 5G footprint to Mysuru, marking the second city in Karnataka state to receive the technology after Bengaluru. In a release, Vodafone Idea noted that the expansion is part of the telco's broader 5G rollout strategy targeting key cities in its 17 priority telecom circles. The telco had launched 5G in Bengaluru just last month and already offers service in Mumbai, Delhi-NCR, Chandigarh and Patna. The launches in Mysuru and Bengaluru follow a major upgrade of Vi's 4G network in Karnataka state. Over the past 14 months, the company deployed additional spectrum in the 900 MHz, 1800 MHz and 2.1 GHz bands across thousands of sites in the state. According to the Indian carrier, these enhancements led to a 41% increase in network capacity across Karnataka, resulting in improved coverage and faster data speeds. "With our next-gen 5G alongside our robust 4G services, we aim to provide more options and an enhanced experience to our users," said Anand Dani, Vi's business head for Karnataka. Earlier this month, Vodafone Idea had said it will deploy 5G in 23 additional cities across India. It said it will deploy the technology in a phased manner in the following cities: Ahmedabad, Agra, Aurangabad, Kozhikode, Cochin, Dehradun, Indore, Jaipur, Kolkata, Lucknow, Madurai, Malappuram, Meerut, Nagpur, Nashik, Pune, Rajkot, Sonepat, Surat, Siliguri, Trivandrum, Vadodara and Vizag. Vodafone Idea previously told investors that launching 5G services later than its competitors has helped the company use newer technology and save costs. The carrier noted this delay allowed it to strategically adopt advanced Disaggregated Radio Access Network (RAN) systems, which improve operational efficiency, offer new capabilities and significantly reduce network deployment and maintenance expenses. Vodafone Idea is also in process of expanding its 4G footprint across the country. Since April 2024, the company has deployed 4G on the 900 MHz band at 65,000 sites and added over 56,000 sites on the 1800 MHz, 2.1 GHz and TDD bands. These upgrades have increased 4G data capacity by 35% and boosted 4G speeds by 26%. Vodafone Idea's 4G network now covers 84% of the population, up from 77% in March 2024. The company, a joint venture between the U.K.'s Vodafone Group and India's Aditya Birla Group, said it would continue focusing on the 17 licensed areas or telecom circles for both 4G and 5G coverage.
New Delhi, Jun 27 (PTI) The total number of telecom subscribers in India grew marginally to 120.7 crore in May with Reliance Jio and Bharti Airtel adding over 99 per cent new customers during the month, according to data published by sector regulator Trai on Friday. The total net subscriber addition by telecom service providers was 43,58,231 while Reliance Jio and Bharti Airtel jointly added 43,51,294, thereby accounting for 99.84 of the total net subscriber addition in May. The overall growth in subscriber base was mitigated by loss of subscribers by debt-ridden Vodafone Idea (Vi) and publi ...Read More >
CHENNAI: National security advisor Ajit Doval on Friday challenged the foreign press "to show even one image" of the damage to the Indian side during Operation Sindoor. Speaking at the 62nd convocation of IIT Madras, Doval said: "We decided to have nine terrorist targets in the criss-cross of Pakistan; they were not in the border areas. We missed none. We hit nowhere else except that. It was precise to the point where we knew who was where. The entire operation took 23 minutes, starting five minutes past one and ending 28 minutes past one (on May 8)."The NSA said: "Foreign press said that Paki ...Read More >
New Delhi, Jul 18 (PTI) India's most valuable company Reliance Industries on Friday reported its highest-ever quarterly profit of Rs 26,994 crore for the April-June quarter, reflecting a growth of 78.3 per cent over the year-ago period, driven by consumer businesses and investment sales. The oil-to-retail-to-telecom conglomerate's consolidated net profit attributable to owners of the company stood at Rs 26,994 crore, or Rs 19.95 per share, in April-June 2025 compared to Rs 15,138 crore earnings in the year-ago period, according to an exchange filing. Also Read | PM Kisan Samman Nidhi Yojana ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
With its competitive pricing, BSNL is now posing a stiff challenge to industry leaders such as Mukesh Ambani-led Reliance Jio and Sunil Mittal's Airtel. In a major setback for Reliance Jio -- India's largest telecom provider led by billionaire Mukesh Ambani -- it lost a whopping 7.9 million (79 lakh) subscribers in a single month this year as millions of users switched to state-owned BSNL after private telcos hiked mobile tariffs by a significant margin earlier in July 2024. According to data r ...Read More >
New Delhi, Jun 27 (PTI) JSW Paints, part of USD 23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm. "JSW Paints today (Friday) entered into definitive agreements to acquire up to 74.76 per cent stake in Akzo Nobel India from Akzo Nobel NV a ...Read More >
New Delhi, Jun 27 (PTI) The total number of telecom subscribers in India grew marginally to 120.7 crore in May with Reliance Jio and Bharti Airtel adding over 99 per cent new customers during the month, according to data published by sector regulator Trai on Friday. The total net subscriber addition by telecom service providers was 43,58,231 while Reliance Jio and Bharti Airtel jointly added 43,51,294, thereby accounting for 99.84 of the total net subscriber addition in May. Also Read | Bodoland Lottery Result Today, June 27, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declare ...Read More >
New Delhi, Jul 7 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) has reviewed 22 issues affecting 18 infrastructure projects worth Rs 36,296 crore in Gujarat and Rajasthan, an official statement said on Monday. The meeting, chaired by DPIIT Secretary Amardeep Bhatia, was attended by senior officials from central ministries, state governments, and project proponents. "A total of 22 issues related to 18 critical projects, collectively valued at over Rs 36,296 crore, were taken up for discussion," the commerce and industry ministry said. Among the major initiatives di ...Read More >
Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain-induced issues. CM Revanth Reddy further directed the deployment of SDRF, NDRF, Hydra teams, and ot ...Read More >
NEW DELHI: Broadband policy think tank and advocacy group Friday opposed the government's move to refarm 1100 MHz spectrum, to meet the growing needs of next generation (5G) services. The Delhi-based group said that it is alarmed by the refarming decision of the 1100 MHZ and earmarking the upper 6GHz spectrum for International Mobile Telecommunications (IMT) services, and urged the government to reconsider this (refarming) this move. "The IMT in the 6GHz band not only cannot meet the advanced requirements of digitalisation of the key sectors of the economy in manufacturing, agriculture, heal ...Read More >
New Delhi: Airtel's request for conversion of its statutory dues into equity - on the lines of a bailout given to Vodafone Idea - may not be approved by the Department of Telecom (DoT) in view of healthy financial state of the company, govt sources said.Airtel surprised many when in April it approached DoT for conversion of its payments towards spectrum and AGR into an equity swap. This would have seen the govt receive a slice of the company's shareholding in lieu of outstanding payments, similar to what was done by the beleaguered Vodafone Idea, in which the govt now has a 49% stake.DoT, whic ...Read More >
NEW DELHI: State-controlled Bharat Sanchar Nigam Limited (BSNL) has signed a Memorandum of Understanding (MoU) with the Numaligarh Refinery (NRL) to deploy a private 5G network for the public sector oil company, which would be India's first captive non-public network (CNPN) in the refinery sector. BSNL and NRL, in a joint statement on Sunday, said that the deployment would usher in a new era of secure, ultra-reliable, and real-time industrial connectivity, while supporting mission-critical opera ...Read More >
NEW DELHI: Vodafone Idea (Vi) on Monday announced the next phase of its 5G rollout, with deployment now underway in 23 additional cities. The rollout will proceed in a phased manner, covering all of Vi's 17 priority circles where it holds 5G spectrum. The expansion includes key urban centers such as Ahmedabad, Agra, Aurangabad, Kozhikode, Cochin, Dehradun, Indore, Jaipur, Kolkata, Lucknow, Madurai, Malappuram, Meerut, Nagpur, Nashik, Pune, Rajkot, Sonepat, Surat, Siliguri, Trivandrum, Vadodara, and Visakhapatnam (Vizag). This move follows Vi's earlier 5G launches in Mumbai, Delhi-NCR, Bengal ...Read More >
Cellular Operators Association of India, however, expresses concern over spammers taking the route of over-the-top or internet messaging apps which remain unregulated New Delhi: Mobile users will now be able to differentiate between genuine and spam SMS as telecom operators have rolled out suffixes that will appear before the sender's name or header, industry body COAI said on Tuesday. The Cellular Operators Association of India (COAI), which represents telecom operators like Reliance Jio, Airt ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
New Delhi, Jul 1 (PTI) Union telecom minister Jyotiraditya Scindia unleashed a string of data, ranging from BSNL's consecutive profit after 18 years to connecting over 2 lakh gram panchayats with broadband, on social media platform X to counter claims of Congress President Mallikarjun Kharge on the Digital India programme. Scindia suggested to Kharge to go check on the web for telecom scams in India which will show activities related to the UPA regime while the present regime is recognised with leadership in technology. Also Read | India Developing Its Own Bunker-Buster Missile? Reports Say ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
Indian telecom operator Vodafone Idea (Vi) on Monday announced the launch of its 5G services in Nagpur, as part of its planned rollout strategy. "This expansion is part of Vi's planned 5G rollout across 23 cities, with Pune, Nashik and Aurangabad next on the map, alongside other rollouts currently underway covering its 17 priority circles where it has acquired 5G spectrum," Vi said in a statement on July 14, 2025. Also Read: Vodafone Idea Launches 5G Services in Mysuru Vi customers in Nagpur with compatible 5G smartphones can access the service starting today. As an introductory offer, the c ...Read More >
Bareilly (UP), Jul 17 (PTI) A teacher from Bahedi district, who went viral recently after reciting a poem mentioning Kanwar Yatra, approached the police on Thursday stating a threat to his life from anti-social elements. A case has been registered at Bahedi police station based on a complaint from Dr Rajneesh Kumar Gangwar, a teacher at MGM Inter College in the district. According to Circle Officer Arun Kumar Singh, Gangwar's complaint says that ever since his recitation of the poem 'Tum Kanwad Lene Mat Jana, Gyaan Ka Deepak Jalaana' (You don't go get Kavad, light the lamp of knowledge inste ...Read More >
India's Department of Telecom (DoT) is reassessing spectrum demand for 5G private networks, seeking input from enterprises and system integrators by July 31. This follows concerns about device ecosystem availability and high spectrum costs. New Delhi, Jul 1 (PTI) The telecom department has started the process to reassess fresh spectrum demand for captive non-public networks, also known as 5G private networks, according to an official memorandum. This is the second such exercise by the Department of Telecom after issuing a provision for 5G private networks in June 2022. "The Department has de ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Mumbai (Maharashtra) [India], July 19 (ANI): A contingent of 23 athletes supported by Reliance Foundation look to compete at the World University Games across six cities in Germany, with events running until July 27. Representing athletics, archery, and judo, these young talents aim to improve international rankings, achieve personal bests, and bring home laurels. The athletics team forms the backbone of the foundation campaign, with 18 athletes competing in sprints, jumps, throws, hurdles, relay, long jump, decathlon, among other events, beginning July 21, a release said. James Hillier, Di ...Read More >
New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about ₹856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea. The transaction is valued at around ₹2,841 crore as per the Wednesday's closing price of Indus Towers stock at ₹358.75 apiece on the BSE. "Vodafone Group Plc announces that it has launched a placing of its remaining 79.2 million shares in Indus Towers Limited representing 3 per cent of Indus' outstanding share capital through an accelerated book build offerin ...Read More >
During a June 2 earnings call, Vodafone Idea CEO Akshaya Moondra stated that the company remains engaged with the Union government to seek a resolution. On May 19, 2025, a two-judge bench comprising Justices J.B. Pardiwala and R. Mahadevan dismissed petitions filed by Vodafone Idea, Bharti Airtel, and the Tata Group under Article 32, which sought waivers on AGR interest and penalties. The court reaffirmed that the matter had been conclusively settled through its 2019 ruling and subsequent review ...Read More >
Leh, Ladakh: On a two-day visit to the Union Territory of Ladakh, Union Home Secretary Govind Mohan chaired a high-level review meeting with the Ladakh administration, led by chief secretary, Pawan Kotwal. During the meeting, Kotwal gave an outline of major administrative initiatives and progress made since the formation of the Union Territory. Key highlights included recruitment drives undertaken under the new legal and administrative frameworks, the finalisation of requisitions for critical gazetted posts ready for submission to UPSC, the issuance of age relaxation orders, and matters conce ...Read More >
Ahmedabad: As Gujarat's commercial capital continues to embrace digital infrastructure and rapid urban development, the demand for high-speed mobile internet has never been higher. But do all areas of Ahmedabad get good mobile internet speed? Perhaps not! A recent telecom performance audit conducted by the Telecom Regulatory Authority of India (Trai) across key city zones reveals that Ahmedabad clocked its fastest mobile internet speed of 674 Mbps at the IIM Ahmedabad main gate.However, some kilometres away, the picture changes dramatically. At RTO Circle, 7.5km from the IIM campus, top speeds ...Read More >
Mumbai: Jio Platforms Ltd (JPL), which houses Reliance Industries' telecom and digital businesses, posted a nearly 25% year-on-year rise in fiscal first quarter net profit, boosted by continued addition of data users. JPL's consolidated net profit stood at ₹7,110 in the June quarter from ₹5,698 crore a year earlier, and ₹7,022 crore crore in the previous three months, the Mukesh Ambani-owned company said in a statement Friday. "I am happy to share that Jio has scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connections. Jio AirFiber i ...Read More >
Hyderabad, Jul 19 (PTI) India's electronics exports have soared past USD 40 billion, marking an eight-fold growth during the last 11 years, Union Minister Ashwini Vaishnaw said on Saturday. He also highlighted that the domestic electronics production has gone up by six times. Addressing the 14th Convocation of IIT Hyderabad, near here, Vaishnaw also emphasised the rapid progress of India's first bullet train project, which is expected to become operational by August or September 2027. Looking ahead, Vaishnaw said the first Made in India semiconductor chip, on a commercial scale, will be man ...Read More >