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: RMZ in partnership with Canada Pension Plan Investment Board (CPPIB) plans to develop a commercial project-RMZ Nexus with an investment of $750 million on Jogeshwari-Vikhroli Link Road, Mumbai. Spanning across 3.74 million sq ft, the project has six towers on a 10.94-acre site. The project is expected to be complete by 2027. In August 2024, RMZ Corporation and Canada Pension Plan Investment Board (CPP Investments) had completed the sale of One Paramount 1 to Singapore-based Keppel, for $264 million. One Paramount 1 is part of One Paramount, a grade A office asset located in Chennai developed by the real estate joint venture between RMZ and CPP Investments. The project is spread across 12.6 acres of land with 2.4 million sq ft of leasable space. As part of their partnership, RMZ and CPP Investments will continue to hold stakes in additional ~12.5 million sq ft of core and under development commercial assets spread across five Indian cities.
New Delhi, Jun 7 (PTI) Realty firm G Square Group has acquired 714-acre project from Rakindo in Coimbatore for Rs 707 crore and will develop it as an integrated township. In a statement on Saturday, the company announced launch of 'G Square Seven Hill', a township project that combines plots and mixed-use development. "The acquisition of the 714-acre project from Rakindo for Rs 707 crore, marked the latest in a series of major investments transforming Coimbatore into a premier real estate destination," it said. The Kovai Hills project, now rebranded as G Square Seven Hills, spans 714 acres ...Read More >
New Delhi [India], July 5 (ANI): AIonOS, a global enterprise AI company and a joint venture between InterGlobe and Assago Group, has made a strategic investment in Cloud Analogy. Cloud Analogy is a major Salesforce consulting partner known for its strong expertise in working across multiple cloud platforms and successfully delivering Salesforce solutions to businesses around the world. According to a release, this investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with A ...Read More >
New Delhi, Mar 31 (PTI) Realty firms Signature Global (India) Ltd and RMZ group have entered into an equal joint venture to develop a commercial project in Gurugram, with the latter infusing Rs 1,293 crore for a 50 per cent stake. In February this year, Signature Global announced a partnership with RMZ Group to develop an 18-acre commercial project with a total investment of around Rs 7,500 crore. The project will have a leasable area of 55 lakh square feet, of which about 35 lakh sq ft would be prime office space, and the remaining area for retail spaces and two hotels with around 500 rooms ...Read More >
VMPL Bengaluru (Karnataka) [India], July 10: Puravankara Group (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, has announced the joint development of a 5.5-acre land parcel in East Bengaluru, with a combined estimated gross development value (GDV) of over Rs 1,000 crores. The acquisition aligns with the company's strategic vision to expand its footprint in key Bengaluru micro-markets with robust infrastructure, excellent connectivity, and sustained residential demand. The land parcel offers a total combined saleable area of 0.83 million square feet ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
New Delhi, Apr 9 (PTI) Realty firm Signature Global Ltd has reported a 5 per cent decline in its pre-sales to Rs 1,540 crore in the fourth quarter of the last fiscal year amid slowdown in housing demand in Gurugram, Haryana. Its sales bookings stood at Rs 1,620 crore in the year-ago period. During the 2025-26 fiscal, the sales bookings fell 20 per cent to Rs 8,220 crore from a record Rs 10,290 crore in the preceding year, Signature Global said in a regulatory filing on Wednesday. The company sold 2,114 homes in the last fiscal, almost half of the 4,130 units in the preceding year. During F ...Read More >
Gurugram : AIonOS, a global leader in enterprise AI; a joint venture between InterGlobe and Assago Group, today announced a strategic investment in Cloud Analogy, a Salesforce Summit Consulting Partner recognized for its deep multi-cloud expertise and strong track record of Salesforce implementations across global enterprises. This investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with AIonOS's AI-led Customer Experience practice, the combined entity will deliver intellig ...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 >
New Delhi, Jun 27 (PTI) Rane (Madras) Ltd has sold a 3.48-acre land in Velachery, Chennai to a joint venture firm between Prestige Estates Project Ltd and Arihant Foundations & Housing for Rs 361 crore. The deal was facilitated by real estate consultant CBRE. Rane (Madras) Ltd has entered into an agreement with Canopy Living LLP, a joint venture between Arihant Foundations & Housing Limited and Prestige Estates Project Ltd, to sell 3.48 acres of land in Velachery, the company said in a regulatory filing on Friday. The deal value is Rs 361.18 crore. The total extent of land in Velachery is ...Read More >
Mumbai, Jul 17 (PTI) India's largest realty firm DLF Ltd, which has re-entered the Mumbai market with a premium housing project, on Thursday said it is taking its foray in the financial capital "seriously" and the two geographies in the North and the West of India are going to be very important markets going forward. The Delhi-headquartered real estate giant also said that it has up to 20 joint venture proposals on its table from different entities, but it plans to establish its presence in the financial capital in a certain way. In July 2023, DLF announced its re-entry in the Mumbai market ...Read More >
Realty major Signature Global on Monday said it has completed its partnership with Bengaluru-based RMZ Group, securing a ₹1,293 crore investment for a 50 per cent stake in its subsidiary Gurugram Connectivity Limited (GCL). The transaction was completed on Monday, after the companies signed a Securities Subscription and Purchase Agreement (SSPA) last month. "Pursuant to this, RMZ has acquired a 50 per cent equity stake in GCL through a combination of share purchase and share subscription, for ...Read More >
Amante Capital, KKR's dedicated European hospitality platform, will serve as managing partner to the joint venture LONDON--(BUSINESS WIRE)--Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International (NASDAQ:MAR) hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR's vertically integrated European hospitality platform, will serve as managing partner for the joint venture and the properties will continue as premium Marriott branded hotels. The portfolio ...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 >
Realty firm Signature Global Ltd has reported a 5 per cent decline in its pre-sales to ₹1,540 crore in the fourth quarter of the last fiscal year amid slowdown in housing demand in Gurugram, Haryana. Its sales bookings stood at ₹1,620 crore in the year-ago period. During the 2025-26 fiscal, the sales bookings fell 20 per cent to ₹8,220 crore from a record ₹10,290 crore in the preceding year, Signature Global said in a regulatory filing on Wednesday. The company sold 2,114 homes in the ...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, Jun 7 (PTI) Realty firm G Square Group has acquired 714-acre project from Rakindo in Coimbatore for Rs 707 crore and will develop it as an integrated township. In a statement on Saturday, the company announced launch of 'G Square Seven Hill', a township project that combines plots and mixed-use development. Also Read | Central Bank of India Apprentice Recruitment 2025: Apply for 4500 Posts at centralbankofindia.co.in; Check Eligibility, Exam Details and Application Deadline. "The acquisition of the 714-acre project from Rakindo for Rs 707 crore, marked the latest in a series of m ...Read More >
Chennai : Ample Parks, a joint venture between Actis and Mahindra Lifespaces, today announced the launch of its maiden Industrial and Logistics Park in Mahindra World City (MWC), Chennai. With an estimated capital outlay of Rs. 800 crore, this landmark project is the largest Grade-A industrial space currently available within the Domestic Tariff Area (DTA) of MWC. Spanning approximately 71 acres, Ample Parks offers around 2.1 million square feet of area available for leasing and is uniquely positioned to meet the rising demand for premium industrial and logistics infrastructure. This facility ...Read More >
The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit.Axis Max Life Insurance has launched the Axis Max Life India Consumption Opportunities Fund, an actively managed equity fund aimed at tapping into India's growing domestic consumption economy. The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit. It will be available exclusively through select Axis Max Life unit-linked insurance plans, including the Flex ...Read More >
New Delhi, Jun 27 (PTI) Rane (Madras) Ltd has sold a 3.48-acre land in Velachery, Chennai to a joint venture firm between Prestige Estates Project Ltd and Arihant Foundations & Housing for Rs 361 crore. The deal was facilitated by real estate consultant CBRE. Also Read | Bodoland Lottery Result Today, June 27, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. Rane (Madras) Ltd has entered into an agreement with Canopy Living LLP, a joint venture between Arihant Foundations & Housing Limited and Prestige Estates Project Ltd, to sell ...Read More >
Bhubaneswar: Hundreds of junior school teachers from across the state Friday staged a protest here demanding regularisation of their services and withdrawal of contractual appointment system. Holding posters and banners against the contractual appointment of junior teachers in schools, the teachers, including women, demonstrated at Mahatma Gandhi Marg here. The teachers, representing various schools across the state, demanded immediate regularisation of their posts and scrapping of the contractual appointment system for junior teachers in schools. "We are getting a monthly salary of Rs 16,000 ...Read More >
New Delhi, Apr 9 (PTI) Realty firm Signature Global Ltd has reported a 5 per cent decline in its pre-sales to ₹1,540 crore in the fourth quarter of the last fiscal year amid slowdown in housing demand in Gurugram, Haryana. Its sales bookings stood at ₹1,620 crore in the year-ago period. During the 2025-26 fiscal, the sales bookings fell 20 per cent to ₹8,220 crore from a record ₹10,290 crore in the preceding year, Signature Global said in a regulatory filing on Wednesday. The company sold 2,114 homes in the last fiscal, almost half of the 4,130 units in the preceding year. During FY26, the ...Read More >
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed to allow policyholders to benefit from the growth of India's domestic consumption economy. The fund will be available for subscription during its New Fund Offer (NFO) period from October 14, 2025, to October 26, 2025, at a price of ₹10 per unit. Also Read | 'This Project Will Establish Visakhapatnam as an A ...Read More >
Hyderabad: International Asteroid Day (IAD) is observed on June 30 every year to raise public awareness of asteroids and the importance of defending Earth against potential threats from the asteroid belts. This day has been sanctioned by the United Nations. Asteroids are small, rocky objects that orbit the sun. Even though these rocky remnants are the leftovers from the formation of our solar system that occurred about 4.6 billion years ago, they still orbit around the sun like planets. There are lots of asteroids in our solar system, and most of them live in the main asteroid belt, which is ...Read More >
New Delhi, Jul 17 (PTI) The third season of the Oriental Cup, a school football tournament in the national capital, will be held from July 21-29, the organisers said on Thursday. Started by student-athlete Fareed Bakshi, the tournament will take place at the Ambedkar Stadium, bringing together 36 teams from schools across Delhi. Also Read | Which Team Ben Stokes Is Part of in The Hundred 2025? Here's the Franchise England Test Captain Will Play For in 100-Ball Competition. There will be 24 teams in the boys' (U-15) category and 12 in the girls' (U-19) category. The 2025 edition will have a ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as the tax reductions on essential items of daily use will bring a noticeable drop in prices. He furthe ...Read More >
Bengaluru: Of late, one corner of Chakan, an automobile and manufacturing hub, has been seeing a burst of construction activity. On crossing the factories and manufacturing plants of some of the world's largest automakers, including Mercedes, Volkswagen and Mahindra & Mahindra, the New MIDC Road leads to a 100-acre site. There, on the outskirts of Pune, Chakan V, a sprawling mega logistics park covering 2.6 million sq. ft, is coming up. While the size of the industrial facility is impressive in itself, the project has another unusual feature in the involvement of Blackstone, the world's bigges ...Read More >
Hyderabad (Telangana) [India], October 23 (ANI): BRS Working President K T Rama Rao came down heavily on the Congress government, accusing it of large-scale corruption, administrative collapse, and lawlessness across the state. He said that the "stench of corruption under the Congress regime has spread throughout Telangana," and that the once agriculture-leading state is now being turned into a hub of gun culture and mafia-style politics, the party said in a release on Thursday. KTR said he had never seen such a weak Chief Minister in his entire political career. He condemned the shocking inc ...Read More >
Stocktwits - Indian equity markets ended with gains for the second straight week, driven by improved global sentiment, with the Nifty ending above 25,600. The Sensex rose 303 points to close at 84,058, while the Nifty 50 rose 88 points to finish at 25,637. For the week, the benchmarks have gained 3%. The Bank Nifty hit a fresh record, ending above 57,400 for the first time, led by gains in ICICI Bank (NSE:ICBK) and SBI (NSE:SBI). Broader markets mirrored the optimism. The Nifty Midcap index rose 0.3%, while the Smallcap index gained nearly 1%. For the week, the Midcap index gained 2%, while ...Read More >
Bhopal (Madhya Pradesh): All India Institute Medical Sciences, Bhopal, Director Dr Ajai Singh spoke to Free Press on problems and facilities at AIIMS. People feel that AIIMS doors remain closed for them in case of emergency. Earlier, there was infrastructure and manpower for 960 beds. Increased number of beds to 1400 with same infrastructure and manpower. So, there is acute shortage of manpower and facilities specially to accommodate more patients in case of emergency. We have sent the proposal to union health ministry for more hands. We launched e-ICU for better healthcare in districts wit ...Read More >
New Delhi [India], July 5 (ANI): AIonOS, a global enterprise AI company and a joint venture between InterGlobe and Assago Group, has made a strategic investment in Cloud Analogy. Cloud Analogy is a major Salesforce consulting partner known for its strong expertise in working across multiple cloud platforms and successfully delivering Salesforce solutions to businesses around the world. Also Read | Is July 05 Bank Holiday? Will Banks Remain Open or Closed on 1st Saturday Falling on 5th July 2025? All You Need To Know. According to a release, this investment by AIonOS marks a leap toward its ...Read More >