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.
Kochi: The Kerala High Court on Tuesday ordered the conditional arrest of MV MSC Palermo, a sister ship of MSC Elsa 3 that capsized off the Kerala coast on May 25, 2025. Justice Easwaran S issued the order while considering interim applications in four separate admiralty suits. The plaintiffs alleged that debris from MSC Elsa 3 damaged their fishing vessels and sought compensation. The court directed the arrest of MSC Palermo until security of around ₹2.6 crore is deposited. The claims in the
Ahmedabad, June 8 (SocialNews.XYZ) The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximate ...Read More >
Ahmedabad, June 8: The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 metres, the vessel is approximately four times long ...Read More >
Mumbai, July 7 (PTI) After a 20-hour search operation involving multiple agencies, the "suspicious boat" spotted in the Arabian sea in Maharashtra's Raigad district has been identified as a fishing net buoy which was drifted into the Indian waters with an AIS transponder, police said on Monday. Considering the high alert situation, the sensitive operation has not been called off yet, said Raigad Superintendent of Police Aanchal Dalal. The Indian Coast Guard on Sunday night informed the police that the suspected Pakistani boat, "Muqadar Boya 99" with a boat number MMSI-463800411 was spotted n ...Read More >
Mumbai On High Alert: Unidentified Boat Spotted Near Raigad Coast; Security Protocols Increased (VIDEO) | Representatinal Image A high-alert security scare off the Raigad coast late on Saturday evening triggered a swift and extensive response from the Mumbai Crime Branch, Raigad Police, and multiple maritime security agencies. The suspected Pakistani boat, which was initially believed to pose a possible infiltration threat, was ultimately identified as a floating fishing net buoy commonly used by local fishermen.The suspected Pakistani boat, which was initially believed to pose a possible inf ...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 >
Thiruvananthapuram (Kerala) [India], June 8 (ANI): The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, will dock at the Vizhinjam International Seaport in Thiruvananthapuram, Kerala, on Monday morning and will be berthed until Tuesday. This monumental arrival marks a significant milestone for the seaport, which Prime Minister Narendra Modi dedicated to the nation on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 met ...Read More >
NEW DELHI (Reuters) -India's southern state of Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation after one of its container vessels sank and leaked fuel into the Arabian Sea in May. The high court in Kerala issued an order late on Monday asking port authorities to effect "the arrest, seizure and detention" of another MSC ship anchored in the Vizhinjam Port in the state until it deposits securities for the claim amount. MSC did not immediately respond to a Reuters request for comment. An Indian government statement in May said the company had a ...Read More >
The MSC IRINA boasts an impressive capacity of 24,346 TEUs (File) Ahmedabad: The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, is set to dock at the Adani Group's Vizhinjam International Seaport on Monday and will be berthed till Tuesday. The monumental arrival marks a significant milestone for the seaport, which was dedicated to the nation by Prime Minister Narendra Modi on May 2. The MSC IRINA boasts an impressive capacity of 24,3 ...Read More >
Kochi: The Directorate General of Shipping and experts appointed by the Mediterranean Shipping Company (MSC) have begun the preliminary inspection and mapping of the Liberia-flagged container vessel MSC ELSA 3, which sank off the Kerala coast on May 25. Alongside efforts to recover oil leaking from the vessel, authorities are also prioritising the recovery of containers carrying hazardous chemicals. The preliminary inspection aims to gather detailed information to facilitate these operations. Once the mapping is complete, oil recovery operations are scheduled to start on June 13, with author ...Read More >
In a statement, DP World said the vessel handled over 8,000 twenty-foot equivalent units - including import, export, and transshipment volumes-the "highest ever achieved in a single vessel operation" at the terminal. The new record surpasses the previous milestone of over 6,000 TEUs handled by MSC Aurora. "The arrival of MSC Ilaria underscores DP World Cochin's ability to handle next-generation Ultra Large Container Vessels and support growing trade volumes with efficiency and reliability," the ...Read More >
NEW DELHI: India strongly demanded that the International Maritime Organisation (IMO) undertake a comprehensive investigation and global review of all maritime incidents involving foreign-flagged container vessels operating in Indian waters. It said these incidents, caused by undeclared hazardous cargoes, and structural and stability issues, have raised serious safety concerns.Participating in the 134th session of the Council of the IMO, port and shipping secretary T K Ramachandran underscored the need to reinforce international protocols related to packaging, declaration, stowage, and monitor ...Read More >
Kochi, April 5 (UNI) DP World Cochin has set a new operational benchmark by handling more than 8,000 twenty-foot equivalent units (TEUs) from a single vessel, marking the highest volume ever achieved at the terminal. The record was set with the arrival of MSC Ilaria, a 366-metre-long ultra large container vessel (ULCV), surpassing the previous high of over 6,000 TEUs handled from MSC Aurora. The milestone highlights the terminal's growing capability to efficiently manage next-generation container ships and rising trade volumes. MSC Ilaria, one of the largest vessels to call at the port, has ...Read More >
Navi Mumbai: Raigad police beefed up security along the coastline after the Indian Coast Guard (ICG) Delhi informed the ICG at Murud in Raigad district that a suspicious 'Pakistani' fishing boat has been spotted in the Arabian Sea about 3 nautical miles near Korlai Fort in Murud taluka on Sunday around 9pm. However, after a police probe, it was learnt that it was not a boat but a fishing net buoy or floater, which is attached to a fishing boat to keep the net afloat. The buoy had accidentally detached from some fishing boat and drifted away about five months ago, said Raigad superintendent of ...Read More >
Kochi: DP World Cochin has welcomed MSC Ilaria, one of the largest container vessels to call at the International Container Transshipment Terminal, officials said on Saturday. In a statement, DP World said the vessel handled over 8,000 twenty-foot equivalent units (TEUs) -- including import, export, and transshipment volumes -- the "highest ever achieved in a single vessel operation" at the terminal. The new record surpasses the previous milestone of over 6,000 TEUs handled by MSC Aurora. "The arrival of MSC Ilaria underscores DP World Cochin's ability to handle next-generation Ultra Large C ...Read More >
Bengaluru: A letter written by the DCP of the Vidhana Soudha security division to the state government has revealed serious concerns over organising a felicitation ceremony for Royal Challengers Bangalore (RCB) players at the iconic steps of the Karnataka state legislature. The DCP warned that the rushed planning of the event could jeopardise security arrangements due to the expected massive turnout of fans. Following a request from the Karnataka State Cricket Association (KSCA) to host a felicitation ceremony for the RCB team at the Vidhana Soudha, the government sought inputs from the secur ...Read More >
Thiruvananthapuram (Kerala) [India], June 8 (ANI): The MSC IRINA, recognised as the world's largest container ship by TEU (Twenty-foot Equivalent Unit) capacity, will dock at the Vizhinjam International Seaport in Thiruvananthapuram, Kerala, on Monday morning and will be berthed until Tuesday. This monumental arrival marks a significant milestone for the seaport, which Prime Minister Narendra Modi dedicated to the nation on May 2. The MSC IRINA boasts an impressive capacity of 24,346 TEUs, making it a formidable player in global shipping. With a length of 399.9 metres and a width of 61.3 met ...Read More >