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.
Hyderabad (Telangana) [India], August 3 (ANI) Mahindra University in Hyderabad held its fourth annual convocation at its campus in Bahadurpally, Hyderabad on Sunday. A total of 943 students from engineering, management, law, and education disciplines received their degrees at the annual convocation, as per a varsity statement. The ceremony also included the awarding of degrees to 13 PhD scholars. G V Prasad, Co-Chairman and Managing Director of Dr Reddy Laboratories, was the Chief Guest. Mahindra Group Chairman Anand Mahindra, who is also the Chancellor of Mahindra University, presided over the event. Also present were Mohit Joshi, Member of the Board of Management and CEO and MD of Tech Mahindra, and Yajulu Medury, Vice Chancellor of Mahindra University, along with faculty members and guests. Vice Chancellor Medury presented an overview of the university progress during the past academic year. He said the institution aims to prepare students to contribute meaningfully in their respective fields. This convocation marked the first graduation ceremony for students of the MBA, LLB, MA, and B.Tech Nanotechnology programs. In the convocation address, G V Prasad encouraged students to engage in collaboration, continuous learning, and building inclusive workplaces. He spoke about the importance of experiences and how learning helps individuals respond to challenges. He advised students to remain open to new ideas and maintain a learning mindset. Anand Mahindra spoke about the university objective of educating citizens both for and of a better world. He called on graduates to apply their education to create systems that are sustainable and inclusive. He also spoke about the importance of belief, action, and responsibility in shaping the future. Mohit Joshi highlighted the importance of interdisciplinary learning and industry-academia collaboration. He said Mahindra University aims to build an academic environment that is aligned with industry needs and future demands. (ANI) Disclaimer: This news article is a direct feed from ANI and has not been edited by the News Nation team. The news agency is solely responsible for its content.
Ahmedabad (Gujarat) [India], December 2 (ANI): Ambuja Cements has taken a step toward achieving its Net Zero goals. The company has partnered with Finland-based technology leader Coolbrook to implement its proprietary RotoDynamic Heater (RDH) technology. According to the exchange filing, this cutting-edge, zero-carbon heating solution, powered by renewable electricity, will drastically reduce the company's dependence on fossil fuels and lower its carbon emissions, aligning with its sustainability vision. Ambuja Cements will significantly reduce its fossil fuel dependence by harnessing renewa ...Read More >
Leader of the House in Rajya Sabha and Union minister JP Nadda on Thursday said that the Chair should not be questioned or criticised about admissibility, calling it contempt of the House and Chairman. He also condemned Mallikarjun Kharge for criticising the Chair in a press conference the day before, calling it wrong. "The Chair cannot be questioned with regard to admissibility or for any other purposes. The Chairman's ruling cannot be questioned or criticised; to do so is contempt of the Hous ...Read More >
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is just around the corner for Steve Smith, Skipper Pat Cummins Backs Star Batter Ahead of IND vs AUS 3rd ...Read More >
New Delhi [India], December 18 (ANI): The Supreme Court on Wednesday asked Punjab authorities to promptly tackle the health situation of farmers' leader Jagjit Singh Dallewal who is on fast unto death for over 20 days and to take "extraordinary steps" to ensure his health. A bench of Justices Surya Kant and Ujjal Bhuyan cautioned Punjab authorities on the repercussions if anything untoward happens to the farmer's leader. Also Read | 'Mukadma, Mulzim, Ilzam, Ittila, Chashmdeed': BJP Government in Rajasthan To Replace Urdu Terms in Policing With Hindi Words. "The entire state machinery will b ...Read More >
Former Delhi Chief Minister Arvind Kejriwal announced several pre-election promises targeting auto drivers. These include a ₹10 lakh insurance policy, ₹1 lakh for daughters' marriages, a biannual ₹2,500 uniform allowance, free coaching for their children, and the relaunch of the 'PoochO' ride-booking app. Kejriwal and the AAP are campaigning to secure a third term in the upcoming February elections.Ahead of crucial Delhi assembly polls, Arvind Kejriwal promised several measures for auto dri ...Read More >
Bengaluru, Dec 11 (PTI) The National Law School of India University, which has pioneered and developed an integrated five-year BA LLB (honours) degree that transformed Indian legal education, has now come up with a three-year (honours) BA course with an option of an additional fourth year. The first cohort of the programme will be admitted in July 2025, the NLSIU said. "We are looking to develop something that is responsive to 2025, but is completely different," the NLSIU Vice Chancellor Sudhir Krishnaswamy said at the launch of the programme. He said the university will teach the social sc ...Read More >
New Delhi [India], December 12 (ANI): Amid ruckus in the House, Rajya Sabha was adjourned on Thursday till 11 am on December 13. Earlier in the day, the House was adjourned till 2 pm. However, after it reconvened in the afternoon, the House continued to witness the uproar as the Opposition members demanded discussions on various notices they had submitted. The House had to be adjourned within half an hour. Amid the ruckus, Former Prime Minister and JD(S) leader HD Deve Gowda slammed the Opposition for bringing an impeachment motion against the House Chairman Jagdeep Dhankhar. "For the first ...Read More >
New Delhi [India], January 13 (ANI): Union Minister Ashwini Vaishnaw criticised Meta CEO Mark Zuckerberg and called him "factually incorrect" over his remark that most incumbent governments, including India in 2024 elections, lost post-COVID. He added that the people of India have reaffirmed their trust in the NDA led by Prime Minister Narendra Modi. "As the world's largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in the ND led by PM @narendramodi Ji's leadership. Mr. Zuckerberg's claim that most incumbent governments, ...Read More >
Proceedings in both houses of the Parliament came to halt on Wednesday amid protests by Oppostion members over the Adani Bribery controversy, recent violence in Sambhal in Uttar Pradesh and other issues. Lok Sabha proceedings were initially adjourned until 12 noon and later until Thursday, as Opposition members, including those from Congress, protested and sought to raise various issues at the start of the session. Some members from the Congress and Samajwadi Party were in the Well while other Opposition members stood in the aisle and shouted slogans. The Opposition members wanted to discus ...Read More >
New Delhi [India], December 5 (ANI): Jitender Singh Shunty, a Social activist and Padma Shri awardee joined Aam Aadmi Party (AAP) in the presence of the Party's National Convener Arvind Kejriwal on Thursday. Jitender Singh Shunty is also the founder of Shaheed Bhagat Singh Sewa Dal (SBS) Foundation. Upon officially joining the party, Kejriwal expressed his admiration for Jitender Singh Shunty's significant contributions to society during the challenging times of the COVID-19 pandemic. He highlighted Shunty's dedication and efforts in supporting those in need and commended his commitment to ...Read More >
New Delhi [India], December 10: Hari Darshan, a leading incense brand from Delhi, has been awarded the coveted title of "Best Brand of Northern India" at the 9th edition of the Agarbatti and Perfume Expo. This esteemed event, organized by Incense Media, a prominent industry forum, took place in Hyderabad from November 21st to 23rd at Itech Exhibition Center. Also Read | BGT 2024-25: Harbhajan Singh Backs Rohit Sharma To Bat at Number Six, Predicts Changes for Brisbane Test. Goldy Nagdev, the dynamic entrepreneur and Managing Director of Hari Darshan Group, proudly received the award on behal ...Read More >
New Delhi: University Grant Commission (UGC) Chairman M Jagadesh Kumar has announced changes in the Common University Entrance Test (CUET), undergraduate and postgraduate 2025, saying the total number of subjects has been reduced to 37 from 63 and there will be uniform exam duration of 60 minutes. He said 20 language subjects have been discontinued and admissions to the dropped subjects can be done based on General Aptitude Test (GAT) scores. The domain-specific subjects were 29 earlier, but the UGC has decided to discontinue six subjects, bringing the number down to 23, Kumar added. The cha ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
New Delhi: Chaos erupted in political circles after Rajya Sabha Chairman Jagdeep Dhankhar informed the house on Friday that a bundle of cash was found on a seat allotted to senior Congress leader Abhishek Manu Singhvi. "I hereby inform the members that during the routine anti-sabotage check of the chamber after the adjournment of the House yesterday. Apparently, a wad of currency notes was recovered by the security officials from seat number 222 which is presently allotted to Abhishek Manu Singhvi, elected from the state of Telangana..The matter was brought to my notice, and I made sure an in ...Read More >
Agartala (Tripura) [India], December 12 (ANI): Tripura Chief Minister Manik Saha inaugurated the opening ceremony of the 68th National School Games for Judo (Under-17 Girls) at NSRCC, Netaji Chowmuhani in Agartala. The competition, which will take place from December 12 to 15, will feature talent at the national level and will feature 31 teams, comprising representatives from 27 states and four organisations. Approximately 350 players, coaches, and managers are attending. Tripura's athletes have consistently excelled, earning medals in previous editions of the National School Games and Khelo ...Read More >
New Delhi, Dec 12 (PTI) Terming the 5.4 per cent GDP growth in the second quarter as a "temporary phenomena", FICCI President Harsha Vardhan Agarwal on Thursday said the industry body expects India to achieve 6.5-7 per cent economic growth in the current financial year, while projecting a pick up in private investment. In an interview to PTI, Agarwal, who is also the Vice Chairman & Managing Director of Emami Ltd, said the RBI needs to manoeuvre a "tight-rope balancing act" between inflation and economic growth, as he opined that the central bank has been doing a prudent job. Notably, the FI ...Read More >
PRNewswire Chennai (Tamil Nadu) [India], December 13: Star Health and Allied Insurance Company Limited, the first standalone health insurance company in India, today announced the launch of its revolutionary retail health insurance product, 'SUPER STAR'. This innovative policy offers a long-term policy for the retail health segment, combining advanced features and highly customisable covers to address the growing complexities of modern lifestyles, rising medical expenses, and unforeseen emergencies. * Offers a long-term policy and unparalleled, highly customisable solutions for evolving heal ...Read More >
Samsung's facing a lot of crises and the company has unable to chart a clear path forward, particularly in the semiconductor market, where its foundry is lagging behind, its next-gen memory products are struggling to compete against SK Hynix, and legacy products are under pressure from Chinese companies. The company does a significant employee reshuffle across the entire organization every year. The process has started a bit earlier this time around as there's very much a sense of urgency to improve things. The reshuffle has reportedly seen some senior executives being fired as well. Samsung ...Read More >
Mumbai (Maharashtra) [India], November 28: Pioneering furniture fittings solutions brand Hettich India is proud to announce that it has been officially certified as a Great Place to Work, a recognition that celebrates the company's unwavering commitment to creating an ecosystem where everybody thrives. Also Read | Diljit Dosanjh Concert in Kolkata 2024: Planning to Attend Dil-Luminati Tour, Don't Miss These 5 Must-Try Local Foods. This honor is especially meaningful, with an overwhelming 95% participation from employees helping Hettich India. It reflects a shared commitment to creating a fam ...Read More >
Mumbai (Maharashtra) [India], November 29: Dr. Bharat Agravat (https://www.drbharat.agravat.com), renowned dentist and implantologist along with being an award-winning medical entrepreneur, is set to launch its flagship OLI Therapy services for the treatment of Oral Submucous Fibrosis in Mumbai soon at OSMF Clinic. His son, Dr. Kartavya Agravat, CEO of Dr. Agravat Healthcare Ltd, will assist him in this service. With the original chamber being in Ahmedabad, residents will now be at great advantage in receiving advanced oral care right there in Mumbai from the very hands of one of India's best ...Read More >
Punjab farmer leader Jagjit Singh Dallewal's hunger strike enters its 17th day. His health is critical. The Supreme Court urges dialogue between the government and Dallewal. Dallewal demands MSP guarantee and other farmer-centric issues. He has written an open letter to the Prime Minister. Farmers' organizations continue their protests at the Punjab-Haryana border.The Supreme Court on Friday expressed serious concern over the deteriorating health of Punjab farmer leader Jagjit Singh Dallewal, who ...Read More >
VMPL New Delhi [India], December 18: Five months after the launch of the "Go Green with Taiwan" project by Taiwan International Trade Administration (TITA) and Taiwan External Trade Development Council (TAITRA), and after receiving a total of 396 proposals from 45 countries around the world, the most exciting part is finally here. On December 9, 2024, the Top 5 finalists went on an all-expense paid trip to Taiwan where they presented their entries and convinced a distinguished panel of experts and judges from Taiwan that their entries can and will help change the way we live and establish a ...Read More >
New Delhi, Dec 18 (PTI) Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap. Mauritius-based IndusInd International Holdings Ltd (IIHL), the parent entity of IndusInd Bank, won the bid to acquire RCAP and entities under it. Also Read | Cancer Vaccine Ready for Use, Announces Russia; What Is the Cost? How Effective Is It? When Will It Be Available?. "IIHL and Japan-based Nippon Life have struck a good understanding and they are absolutely c ...Read More >
Mumbai, Dec 18 (PTI) Jobs and talent platform and a Quess company, foundit, on Wednesday announced the appointment of V Suresh as its Chief Executive Officer. With over two decades of experience in the internet domain, digital transformation, and the e-recruitment ecosystem, Suresh brings a wealth of strategic expertise and a forward-looking vision to foundit (formerly Monster APAC and ME), the company said in a statement. "Suresh's deep understanding of the digital talent ecosystem and proven ability to scale businesses will help us strengthen our leadership position in the market. Under hi ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
NDIA bloc leaders, who submitted a notice of no-confidence motion against the Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday, blamed the chair for not allowing them to speak in the Rajya Sabha. The leaders held a joint press conference labelling several charges against the chairman. "His behaviour (RS chairman) has damaged the dignity of the country. He has brought such a situation in the history of parliamentary democracy that we had to bring this notice for the resolution (of no confidence ...Read More >
New Delhi [India], December 18 (ANI): Chinese Ambassador to India, Xu Feihong on Wednesday said that China is ready to work with India and put into action the understandings between Indian and Chinese leaders. The comments come ahead of the 23rd meeting of the Special Representatives between National Security Advisor Ajit Doval and China Foreign Minister Wang Yi in Beijing. In a post on X, Ambassador Xu Feihong, "China is ready to work with India to implement the important common understandings between the leaders of China and India, respect each other's core interests and major concerns, str ...Read More >
Jaisalmer (Rajasthan) [India], January 13 (ANI): India's indigenous Anti-Tank Missile, Nag Mk 2, the third-generation Anti-Tank Fire-and-Forget Guided Missile successfully completed its field evaluation trials at the Pokhran Field Range in Rajasthan in the presence of senior officers of the Indian Army. There were three field trials conducted, with the missile systems destroying all the targets precisely- maximum and minimum range, thus validating its firing range. Also Read | 'People of India Reaffirmed Their Trust in PM Narendra Modi': Ashwini Vaishnaw Slams Meta CEO Mark Zuckerberg Over H ...Read More >
PNN Hyderabad (Telangana) [India], December 6: We are thrilled to announce that ABSYZ Software Consulting, a Youngsoft company, and a trusted Salesforce partner since 2014, has been elevated to Salesforce Summit Partner status, the highest recognition within the Salesforce consulting ecosystem. This milestone highlights ABSYZ's unwavering commitment to excellence, innovation focused on customer needs, and delivering transformative results for clients through its global Salesforce implementations. As one of the elite 5% of Salesforce consulting partners worldwide, this achievement reflects ou ...Read More >