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.
Jamshedpur, Jul 14 (PTI) Tata Motors on Monday announced the successful training and certification of the first all-girls batch in motor mechanics in Jharkhand. The training was conducted under the company's 'Kaushalya' initiative. The group of 13 young women, mobilised from three gram panchayats across Chandil (Seraikela-Kharswan district), Jamshedpur and Potka blocks (East Singhbhum district), completed the Mechanical Motor Vehicle (MMV) training module - an intensive programme designed to bu
MUMBAI: Tesla yesterday launched its Model Y at about US$70,000 (RM298,000) in India, the highest price among major markets, as the US automaker grappling with slowing sales bets on prospects in a country CEO Elon Musk has long criticised for its high import tariffs. With deliveries estimated to start from the third quarter, Tesla is targeting a niche electric vehicle segment in India that accounts for just 4% of overall sales in the world's third-largest car market. It will compete mainly with German luxury giants such as BMW and Mercedes-Benz rather than domestic mass-market EV players suc ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russian oil imports is way less than exaggerated media numbers," brokerage CLSA said in a report. While ...Read More >
New Delhi, Sep 15 (UNI) Road Transport and Highways Minister, Nitin Gadkari today said that India has surpassed Japan to become the third-largest automobile market globally, and the government is targeting the number one position within the next five years. "All major global automobile brands are now present in India. Their focus has shifted from merely assembling to exporting vehicles from India to the world," Gadkari was quoted as saying in an official statement here. He unveiled an ambitious roadmap to position India as the world's leading hub for automobile manufacturing, green mobility, ...Read More >
Mumbai, October 24: Tata Motors' name has been changed to Tata Motors Passenger Vehicles after the demerger. The Indian automobile giant will trade as TMPV on stock exchanges. It was effective after the company's stock adjusted to the demerger of its commercial vehicle business earlier this month. Soon, the shares of the demerged commercial vehicle business may be listed on stock exchanges, including BSE and NSE. TaMo (Tata Motors) has now officially become TMPV; however, the question arises about the investors. Who will be eligible for trading in Tata Motors Passenger Vehicles, and when? The ...Read More >
The GST 2.0 impetus coupled with the festive sentiment gave a fillip to automotive retail in October to record highs, though dealers now expect momentum to moderate as the post-festive phase sets in. October 2025 will go down as the month that redefined records for India's automobile retail industry. The Federation of Automobile Dealers Associations (FADA) on Friday reported that total vehicle registrations surged a whopping 40.5 per cent year on year to 40.24 lakh units, marking the highest-eve ...Read More >
Mumbai, July 1 (SocialNews.XYZ) Tata Motors on Tuesday reported an 8.47 per cent decline in total sales as the carmaker sold 2,10,415 units in the April-June quarter of FY26, compared to 2,29,891 units sold during the same period previous year (Q1 FY25). Both commercial and passenger vehicle segments saw a drop in numbers. Commercial vehicle sales stood at 85,606 units, down 6 per cent year-on-year (YoY), while passenger vehicle sales dropped 10 per cent to 1,24,809 units. Domestic sales for Tata Motors in June 2025 also fell 12 per cent compared to June 2024. However, the company saw some ...Read More >
NEW DELHI -- NEW DELHI (AP) -- Tesla Inc. opened its first showroom in India on Tuesday, marking the electric vehicle maker's long-anticipated debut in the world's third-biggest automotive market. Located in the Bandra-Kurla Complex, an upscale business center in the financial capital Mumbai, the showroom will serve as Tesla's flagship retail and experience outlet as the company introduces its EV lineup to Indian customers. Tesla's entry to India comes after years of delays and policy friction, marking a pivotal expansion in a fast-growing consumer base while global sales are plunging and th ...Read More >
New Delhi: Road transport and highways minister Nitin Gadkari on Friday said the Centre and states could earn up to ₹40,000 crore in goods and services tax (GST) if all the 9.7 million unfit and polluting vehicles in the country are scrapped. A total of 300,000 such vehicles have been scrapped till August, including 141,000 government vehicles, said Gadkari, addressing the annual session of the Automobile Component Manufacturers Association of India (ACMA). "According to our estimate, there are 9.7 million (unfit and polluting) vehicles, which we need to scrap...7 million jobs will be create ...Read More >
Hyderabad: Tata Motors has officially announced the prices of the Accomplished and Accomplished+ trims of the Tata Sierra in India. Bookings for the SUV open on December 16, 2025. Just a week earlier, the Indian automaker had revealed the prices of the base and mid variants of the Tata Sierra. Tata Sierra Top Trims: Price, delivery details The Accomplished variant of the naturally aspirated (NA) petrol engine is priced at Rs 17.99 lakh (ex-showroom). The Accomplished trim of the turbo petrol engine costs Rs 19.99 lakh (ex-showroom), while the Accomplished+ variant is priced at Rs 20.99 lakh ...Read More >
New Delhi, Apr 1 (PTI) Tata Motors Ltd on Wednesday reported a 17 per cent growth in total commercial vehicle sales at 47,976 units in March as compared to 41,122 units in the same month last year. Total Commercial Vehicle (CV) sales in the domestic market stood at 45,825 units last month as against 38,884 units in March 2025, up 18 per cent, Tata Motors Ltd said in a regulatory filing. However, international business CV sales were lower by 4 per cent at 2,151 units as compared to 2,238 per cent in the year-ago month. For FY26, total sales were up 14 per cent at 4,28,329 units as compared t ...Read More >
New Delhi [India], July 1 (ANI): The Delhi Police on Tuesday seized two end-of-life vehicles (ELVs), a 15-year-old petrol bike and a 10-year-old diesel bike, from a petrol pump in the city, as part of its ongoing enforcement of scrappage rules for outdated vehicles. Traffic officials confirmed that both motorcycles were found operating in violation of the National Green Tribunal (NGT) guidelines, which prohibit the use of petrol vehicles older than 15 years and diesel vehicles older than 10 years in the national capital. While speaking to ANI, Ashok Kumar, Traffic Inspector, said, 'Two motor ...Read More >
Thoothukudi, India. Vietnam's Vinfast on Monday began production at a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to the region. It says the factory will create more than 3,000 local jobs. The Vietnamese company says it scou ...Read More >
New Delhi, Oct 22 (SocialNews.XYZ) A major cyberattack on Jaguar Land Rover, the British car manufacturer owned by India's Tata Motors, has cost the UK economy an estimated $2.55 billion (£1.9 billion), according to a report released on Wednesday by the Cyber Monitoring Centre (CMC). The attack forced a six-week shutdown of JLR's production, impacting thousands of suppliers and dealerships nationwide, marking it as the most expensive cyber event ever recorded in the UK. More than 5,000 companies across the UK were affected by the incident, the report said. The CMC is an independent group ma ...Read More >
Mumbai, November 14: Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year to Rs 72,349 crore in Q2 FY26, compared with Rs 83,656 crore in Q2 FY25. Excluding the demerger-related gain, t ...Read More >
New Delhi [India], July 1 (ANI): Bajaj Auto Limited reported nearly flat total sales for June 2025 on a year-on-year basis, as gains in the commercial vehicle segment balanced the dip in two-wheeler sales. The two-wheeler segment recorded a 2 per cent YoY decline, falling to 2,98,484 units in June 2025 from 3,03,646 units in June 2024. Domestic sales dipped 16 per cent, but exports rose by 18 per cent, reflecting a shift in market dynamics. Additionally, from the period of April to June 2025, the total vehicle sales were at 11,11,237. Among the total sales, 6,34,808 and 4,76,429 were domestic ...Read More >
Mumbai, July 7 (SocialNews.XYZ) The Indian stock market ended flat on Monday as investors remained cautious amid uncertainty around the interim India-US trade deal. Sensex closed at 83,409.68, marginally up 9.61 points or 0.01 per cent. The 30-share index opened marginally lower at 83,398.08 against the last session's closing of 83,432.89. The index did not see much volatility as it touched an intra-day high at 83,516.83, a jump of 84 points. Similarly, Nifty settled flat at 25,461.30, up 0.30 points. From the Sensex basket, Hindustan Unilever, Adani Ports, Kotak Bank, Asian Paints, ITC, Po ...Read More >
Mumbai: Tesla Tuesday entered the Indian car market, launching its Rs 59.89 lakh Model Y SUV, as Maharashtra rolled out a red carpet for the EV maker, urging it to go beyond imports and anchor its manufacturing and R&D base in the state. At an event to mark Tesla's formal entry, Maharashtra chief minister Devendra Fadnavis made a strong pitch to the Elon Musk-led automaker, positioning the state as Tesla's long-term base. "Mumbai and the people of India are going to love Tesla. But more than just being a big market, India is now a robust base for electric mobility manufacturing, especially Ma ...Read More >
Mumbai: TataMotors on Monday announced that more than 25,000 public charging stations are now available for its electric small commercial vehicle (SCV) customers. Spread across over 150 cities, including major hubs like Delhi-NCR, Bengaluru, Mumbai, Chennai, and Hyderabad, these charging stations are aimed at boosting range confidence and efficiency for last-mile delivery operators. To speed up the expansion of charging infrastructure, Tata Motors has also signed MoUs with 13 leading Charging Point Operators (CPOs) to set up another 25,000 public chargers over the next 12 months. All current ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical supplier to OEMs like Tata Motors, Ashok Leyland, John Deere, and Indian Railways. Wheels India - FY22 ...Read More >
India's Diwali sales hit a record high of Rs 5.40 lakh crore in goods and Rs 65,000 crore in services. This represents a 25 percent increase over last year. GST reforms and strong consumer demand fueled this growth. Brick-and-mortar stores saw a significant revival. Rural and semi-urban areas contributed substantially to the sales surge. Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the coun ...Read More >
While overall deal volumes remained stable compared to the previous quarter, values spiked sharply due to large-ticket strategic acquisitions. New Delhi: India's automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion in Q3 2025, according to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker. The surge in deal value was largely driven by Tata Motors' $3.8 billion acquisition of Iveco S.P.A., marking one of the largest outbound automotiv ...Read More >
Delhi : Reinforcing its commitment to Carbon Neutrality and clean energy innovation, Toyota Kirloskar Motor (TKM) today exchanged a Memorandum of Understanding (MoU) with Bengaluru-based Ohmium International, a leading PEM hydrogen technology provider, to co-develop Green Hydrogen-based integrated power solutions in India. This strategic undertaking highlights Toyota's pivotal role in fuel cell technology and advancing Green Hydrogen as the clean fuel of the future. It highlights the company's relentless efforts to foster a robust Hydrogen economy across mobility and stationary applications. ...Read More >
Pune, January 27, 2022: In tune with their "Sportification of India" theme, Tata Motors, India's leading multinational automobile manufacturer will continue to proactively support the Tata Open Maharashtra tennis tournament, for the fourth consecutive year, from January 31 to February 6, 2022, at the Balewadi stadium here. This year, India's safest hatchbacks, Tata Altroz on its second anniversary, will be the lead car from Tata Motors Passenger Vehicles. The Tata Open Maharashtra, South Asia's only ATP (Association of Tennis Professionals) tournament and the country's oldest sporting interna ...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 >
New Delhi [India], October 19 (ANI): India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms. With the auspicious Dhanteras period spread over two days this year -- starting from 12:18 PM on Saturday and extending until 1:51 PM on Sunday -- automakers are capitalising on the extended delivery window to push record volumes. Also Read | iPhone 18 Series: iPhone 18 Pro and iPhone ...Read More >
The investment will be channelled into reviving the automaker's Maraimalai Nagar facility near Chennai in Tamil Nadu, which will be retooled to produce over 200,000 engines annually. Ford Motor Co. plans to invest about ₹32.5 billion ($370 million) in India to manufacture high-end engines for export markets, marking a significant return to local production four years after shutting down operations in the country, according to a person familiar with the matter told Bloomberg. The investment wi ...Read More >
New Delhi, July 8 (SocialNews.XYZ) Tata Motors global wholesales, including Jaguar Land Rover (JLR), stood at 2,99,664 units in the first quarter of FY26, down 9 per cent compared to the same quarter in FY25 (3,29,847), the company said in an exchange filing on Tuesday. According to the filing, global wholesales for the Tata Motors commercial vehicle and Tata Daewoo range were 87,569 units for the quarter that ended in June. This represents a 6 per cent decrease from the first quarter of FY25. In the meantime, the company's worldwide wholesale sales of passenger cars dropped 10 per cent to 1 ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Prime Minister Narendra Modi has emplaned for Namibia -- the final stop of his five-nation visit -- after wrapping up his State Visit to Brasilia where he met Brazil President Luiz Inacio Lula da Silva and also attended the 17th BRICS Summit in the Brazilian city of Rio de Janeiro. Taking to X, the PMO wrote: "PM @narendramodi has boarded for Namibia, the final destination of his tour" Also, External Affairs Ministry spokesperson Randir Jaiswal wrote on X: "PM @narendramodi concludes a productive visit to Brazil and emplanes for Namibia. A memorable visit t ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The government on Tuesday urged parents and guardians to update their children's Aadhaar biometrics who have reached age seven. The Unique Identification Authority of India (UIDAI) reiterated the importance of completing the Mandatory Biometric Update (MBU) for children who have attained the age of seven but have not yet updated their biometrics in Aadhaar. UIDAI said it has started sending SMS messages to the mobile numbers registered in the Aadhaar of such children for completing the MBU exercise. This is an existing requirement under Aadhaar, and paren ...Read More >