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, July 17: The Tata Steel Inter JDC Water Polo Tournament 2025 came to a thrilling conclusion this evening at JRD Tata Sports Complex. The tournament saw participation from various departments of Tata Steel, was a testament to the company's commitment to promote sports and fostering a culture of excellence. Team of Coke Plant emerged as the champions of the tournament, showcasing their exceptional skills and teamwork. Team of Engineering Services & EQMS (Equipment Maintenance Services) put up a strong fight, securing the runners-up position, while the team of CRM (Cold Rolling Mill) claimed the second runners-up spot. The event was graced by Chief Guest Hemant Gupta, Head, Tata Steel Adventure Foundation & Academies while Vikram Tripathy, Head, Structures & Services from Engineering Services, Tata Steel was the Guest of Honour. Sanjay Kumar Singh, Vice President, Tata Workers' Union was also present on the occasion. Vijay Choudhary, Observer, also played a key role in the success of the event. The tournament was a resounding success, with all participants displaying remarkable sportsmanship and skill. The event served as a platform for employees from different departments to come together, bond over their shared passion for sports and showcase their talents.
Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum district, an initiative introduced in the country for the first time, a company statement said. Women employees were engaged in all the mining activities of the shift, including heavy earth moving machinery, shovel, loader, drill [...] Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum district, an initiative introduced in the country for the first time, a company statement said. Wome ...Read More >
Bengaluru : Tata Steel UK today celebrates a historic milestone in its green transformation journey as Mr Natarajan Chandrasekaran, Chairman of Tata Steel and the Tata Group, joins government ministers at a groundbreaking event for the company's state-of-the-art Electric Arc Furnace (EAF) facility in Port Talbot. Mr Chandrasekaran will be joined by Tata Steel CEO and Managing Director T. V. Narendran and Tata Steel UK CEO Rajesh Nair, where they will officially break the ground with spades, marking the official start of construction for the UK's largest low-carbon steelmaking facility. This i ...Read More >
Tata Steel launched an all-women mining shift at its Noamundi iron mine in Jharkhand, a first in India. This initiative builds on their "Women@Mines" program and aims to empower women in mining. The company trained local women to operate heavy machinery through the "Tejaswini" initiatives, leading to this milestone. Tata Steel also achieved 20% diversity in its India workforce.In order to bring in more diversity, Tata Steel has rolled out an all-women shift at its Noamundi iron mine in Jharkhand. ...Read More >
The All India Football Federation (AIFF) accused Executive Committee member Valanka Alemao and her family of pressuring the organization to include Churchill Brothers FC in the Indian Super League through improper means. The AIFF rejected their claims, affirming that legal obligations and existing rules prevented the club's inclusion after a Court of Arbitration for Sport ruling awarded promotion to Inter Kashi. New Delhi, The All India Football Federation on Monday accused its executive committ ...Read More >
Jamshedpur, July 2: Tata Steel held its 118th Annual General Meeting (AGM) on July 2, where the company's Chairman addressed shareholders with a comprehensive overview of the company's performance, challenges, and strategic direction. The meeting opened on a solemn note, acknowledging recent losses within the Tata Group and paying tribute to significant figures whose contributions shaped the company. "There is a lot to talk about today," said the Chairman. "But I must begin by acknowledging the heavy loss we have felt in recent months. Across the entire Tata Group, we honour those who lost th ...Read More >
New Delhi, Jul 2 (PTI) Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). Also Read | Iran's President Masoud Pezeshkian Approves Law to Suspend Cooperation With IAEA Following Israel, US Strikes. "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasek ...Read More >
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 >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. Based on specific intel, ...Read More >
While India's growth story remains intact, market returns may moderate in the near term after two years of outperformance. After a sharp correction from the record highs of September, the equity market is widely anticipated to swing within a range as it wavers through moderating earnings growth, consumption slowdown, lofty valuations, and other global macroeconomic headwinds. Even though a persistent sideways movement of the market is likely to drag overall returns, traders are shifting towards pair trading to beat the market. Pair trading is a market-neutral strategy that allows investors t ...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: Electric vehicles are powering the green transformation of India's ecommerce industry. Amid an overall surge in order volumes, companies like Flipkart, Amazon, BigBasket, Swiggy, and Eternal (formerly Zomato) are speeding up the transition to ecofriendly vehicles for last-mile delivery, especially quick commerce. This is helping cut costs while lowering emissions and reducing the climate footprint. Walmart-backed Flipkart is looking to make its entire logistics fleet electric. After achieving the operational fleet milestone of 10,000 EVs last September, the company expanded its EV ...Read More >
Jamshedpur, Sept 15: NTTF, R.D. Tata Technical Institute, Golmuri, observed Engineers Day with reverence, honoring Bharat Ratna Sir Mokshagundam Visvesvaraya on his birth anniversary. The program was inaugurated by Principal Preeta John and Vice Principal Ramesh Rai, who lit the ceremonial lamp and offered floral tributes to Visvesvaraya. Addressing students, Principal John spoke about his remarkable contributions to engineering and nation-building. Born in 1860 in Karnataka's Muddenahalli village, Visvesvaraya went on to become one of India's foremost engineers, remembered for pioneering wat ...Read More >
Tata Steel is bolstering its iron ore supply for its planned 40 MTPA steel production by 2030. With four mine leases expiring in 2030, the company is operationalizing two new mines and negotiating with NMDC and OMC for additional ore. These strategies aim to secure the over 60 MT of iron ore required for the expanded steel capacity.Tata Steel has initiated discussions with state-run miners NMDC and Odisha Mining Corporation (OMC) to secure future iron ore supplies as the company ramps up its dome ...Read More >
Mumbai (Maharashtra) [India], April 3: Over 200+ HR professionals, CXOs, and business leaders gathered on March 28 for the SRIF HR Summit 2026 at Vijay Patil School of Management, Nerul, Navi Mumbai -- a full-day forum on the future of hiring, workforce strategy, and the governance of artificial intelligence in HR. Also Read | Kerala Lottery Result Today 3 PM Live: Suvarna Keralam SK-47 Lottery Result of April 3, 2026, Watch Lucky Draw Winner List. The SRIF-HR-SUMMIT-2026 was organised by the SRF Staffing and Recruitment Industry Federation (SRIF), the summit was powered by Vijay Patil Schoo ...Read More >
Infrastructure major Larsen & Toubro (L&T) has secured significant orders from Hindalco and Tata Steel. L&T will set up an 180 KTPA aluminium smelter and gas treatment centre for Hindalco's Odisha project, and a coke oven battery for Tata Steel in Jamshedpur. These wins highlight L&T's expertise in the minerals and metals sector. New Delhi, Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Odi ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
New Delhi: Tata Motors' biggest global bet since Jaguar Land Rover (JLR) will be steered by cost savings. Cutting spending on product development, components and research is central to its $4.4 billion acquisition of Italian commercial vehicle maker Iveco, alongside plans to expand into new markets and product segments, the company said, maintaining that the move could unlock a bigger value than even JLR. At a meeting with analysts of India's top brokerage houses on Monday, the management of Tata Motors laid out its plan to leverage its biggest ever acquisition after JLR in 2008. This comes a ...Read More >
Bhubaneswar, December 15: Krushna Chandra Patra, Minister, Food Suppliers and Consumer Welfare and Science and Technology, Government of Odisha, felicitated top 30 winners of 19 edition of the Tata Steel Young Astronomer Talent Search (YATS) 2025 at the Grand Finale on Saturday. Organised by Tata Steel in collaboration with the Pathani Samanta Planetarium, Bhubaneswar, under Department of Science and Technology, this flagship initiative celebrates the legacy of Odisha's legendary astronomer Pathani Samanta. It also aims to nurture young talent and inspire school children across the state to ex ...Read More >
BENGALURU, June 5 (Reuters) - In a major expansion of their partnership, Apple has entrusted India's Tata Group with handling after-sales repairs for iPhones and MacBooks in the rapidly growing Indian market. This move further cements Tata's rising stature as a key player in Apple's global supply chain, according to two people familiar with the development. The decision is part of Apple's broader push to reduce its manufacturing dependency on China and strengthen its foothold in India, the world's second-largest smartphone market. Tata already assembles iPhones at three South Indian facilitie ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Thursday performed groundbreaking ceremony for 12 industrial and infrastructure projects worth a total of Rs 28,084 crore. The projects have the potential to create 15,455 jobs. These projects are located across Tata SEZ at Gopalpur, and Chhatrapur, Buguda and Barapalli areas, reinforcing the State's target of building a diversified and sustainable industrial ecosystem in Ganjam region. On the occasion, Majhi said these projects will provide jobs and uplift local communities through infrastructure, innovation and opportunities. "On Worl ...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 >
Coca-Cola's bottling company Hindustan Coca-Cola Beverages (HCCB) has announced Hemant Rupani, former president, Mondelez South East Asia, as its India CEO. Rupani will succeed outgoing chief Juan Pablo Rodriguez. The changes are effective September 8. "Hemant comes to HCCB after a nine-year career with Mondelez International Inc. He will succeed current HCCB CEO Juan Pablo Rodriguez, who is moving to a new opportunity in the Coca-Cola system," Coca-Cola said in a statement. In his role at Mon ...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. The net profit was also 39 per cent highe ...Read More >
Mumbai (Maharashtra) [India], October 10 (ANI): The Indian stock market on Friday ended on a strong note, driven by fresh foreign portfolio investors buying over the past three sessions. At the end of the trading session today, BSE Sensex was up 328.72 points or 0.40 per cent at 82,500.82, and the Nifty 50 at National Stock Exchange (NSE) was up 103.55 points or 0.41 per cent at 25,285.35. In today's session, sectors such as realty, energy, and consumer durables traded higher, showing strength. Stocks of the Banking and financial sector were also resilient, but profit booking was seen in sec ...Read More >
Jamshedpur: The Singhbhum Chamber of Commerce and Industry (SCCI) has raised serious concerns over the acute shortage of commercial LPG across industrial clusters in the Kolhan region, urging immediate intervention from the district administration. SCCI President Manav Kedia highlighted that a large number of ancillary units operating in the region depend heavily on commercial LPG as a critical input for production. These units play a vital role in supplying components and services to major industries such as Tata Motors, Tata Steel and the Railways. Any disruption in LPG supply, he warned, ...Read More >
New Delhi, June 27: The Parliamentary Committee on Transport has summoned Boeing executives, Air India representatives, the Civil Aviation Secretary, and DGCA officials for a discussion on air safety issues related to the tragic Boeing Dreamliner crash within seconds of take-off from the Ahmedabad airport. The meeting is likely to be held in the first week of July. According to sources, "multiple shortcomings" in the aviation sector, with the maintenance of aircraft, are now a matter of huge concern. The committee will also address frequent helicopter accidents that have taken place recently ...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 >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Padukone reshared a video of cricketer Jemimah Rodrigues, in which the athlete opened up about her struggl ...Read More >
Hyderabad, July 18 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy on Friday urged his Andhra Pradesh counterpart, N. Chandrababu Naidu, not to obstruct Telangana's irrigation projects He appealed to the neighbouring state not to obstruct Telangana's crucial irrigation initiatives, including the Palamuru-Rangareddy Lift Irrigation Scheme, as well as the Dindi, Kalwakurthy, Bheema, Nettempadu, and Koilsagar projects. "We demand Andhra Pradesh not to block our projects. We seek cooperation. If our appeals are ignored, we will fight and achieve our goal. I am ready to lead this battl ...Read More >
BENGALURU: The Maharashtra government fears that increase in height of Alamatti reservoir in Bagalkot district of Karnataka from 519.60 meters to 524.256 meters would result in flooding of Sangli, Satara and Kolhapur districts owing to backwaters and there is no need for the Maharashtra government to fear flooding since its own expert committee led by retired Principal Secretary to Irrigation department Nandkumar Wadnekar ruled out flooding from the Almatti and Hipparagi reservoirs, stated Minister of Large Scale Industries M.B. Patil on Sunday. M.B. Patil was the irrigation minister in Sidda ...Read More >