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, August 28: Nissan stopped the production of its R35 GT-R model globally 18 years. The Nissan R35 GT-R 'Godzilla' was a high-performance sports car made by the Japanese automaker. Despite Nissan Motor ending the production of the units, it is said that the name would return in the future. Nissan R35 GT-R 'Godzilla' had around 48,000 units made during its long-running production course, and with just a team of nine craftsmen called "Takumi", skilled in assembling the R35 GT-R engines into all 48,000 produced units at Nissan's plant in Yokohama, Japan. Hyundai Motor US Expansion: South Korean Automotive Giant To Invest USD 26 Billion to United States in Next 4 Years Focusing on Steel, Automobiles and Robotics Nissan R35 GT-R, the latest model, was produced as a Premium Edition T-Spec painted in Midnight Purple in Japan. When Nissan was introduced, its high-performance sports car became widely known globally. It had won several titles. 2007 the vehicle completed production, setting one of the fastest laps of 7 minutes and 38 seconds at Germany's Nurburgring Nordschleife circuit. The Nissan R35 GT-R had achieved a 7-minute and 29-second lap for the first time in 2008. In Motorsports history, the car had set multiple records, including a 2013 Blancpain GT Series Pro-Am victory, a 2015 Bathurst 12 Hour race win, Japan's Super GT Championship win for 5 GT500 titles and 3 GT300 class. The car won 5 Super Taikyu endurance races in 2014, 2016, 2018, 2019 and 2022. Mahindra Aerostructures Secures Contract To Manufacture Main Fuselage for Airbus H125 Helicopters, Boosting 'Make in India' Initiative. Nissan R35 GT-R was updated frequently, with each version offering the most powerful powertrain possible. The model launched in 2007 offered 473 bhp power, and 10 years later, the 2017 model started generating 562 bhp power. The R35 GT-R Nismo became the most powerful version of the R35 series with 591 bhp. (The above story first appeared on LatestLY on Aug 28, 2025 04:06 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
NEW DELHI: Road transport and highways minister Nitin Gadkari on Thursday urged vehicle manufacturers and logistics companies to opt for trucks that run on alternative fuels rather than diesel-fuelled ones to cut down pollution, reduce logistics costs, and decrease India's dependence on imported fossil fuel."My appeal to you all is - don't go for diesel trucks, think about alternative fuel and biofuel. It's economically viable," Gadkari said, while addressing industry leaders. He added that govt is encouraging the use of alternative fuels such as biodiesel, ethanol, hydrogen, and others.On the ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Mumbai, Jul 3 (PTI) Equity benchmark indices Sensex and Nifty climbed in initial trade on Thursday, mirroring a positive trend in Asian markets, amid optimism over India-US trade deal. The US-Vietnam trade deal also had a positive effect on the domestic equities, analysts said. The 30-share BSE Sensex climbed 242.83 points to 83,652.52 in early trade. The 50-share NSE Nifty went up by 83.65 points to 25,537.05. "US President Trump announced a trade deal reducing Vietnam's tariff to 20 per cent from 46 per cent, raising hopes that India's effective tariff rate may settle around 15-18 per cen ...Read More >
Mumbai, July 9 (SocialNews.XYZ) The Indian stock markets closed lower after a volatile session on Wednesday amid selling in the IT and metals stocks, especially in Vedanta and Hindustan Zinc. Sensex settled at 83,536.08, down 176.43 points or 0.21 per cent. The 30-share index opened in negative territory at 83,625.89 against the last session's closing of 83,712.51. However, it showed some volatility, hitting an intra-day high at 83,781.36 before closing. Nifty fell 46.40 points or 0.18 per cent to end the session at 25,476.10. Following the allegations from US short-seller Viceroy Research, ...Read More >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and electrification, specifically designed to meet the unique requirements of the Indian market. Hyundai Mo ...Read More >
New Delhi, Jun 6 (PTI) The decision of the Reserve Bank to cut policy rate by 50 basis points will have a positive impact on the automobile sector as it will make loans cheaper, industry body SIAM said on Friday. The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Following the rate cut, the key policy rate eased to a three-year low of 5.5 per cent, providing relief to home, auto and corporate loan borrowers. "Such reduction in repo rates would have a positive impact on the auto sector since ...Read More >
New Delhi, Jun 27 (PTI) JSW Paints, part of USD 23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm. "JSW Paints today (Friday) entered into definitive agreements to acquire up to 74.76 per cent stake in Akzo Nobel India from Akzo Nobel NV a ...Read More >
New Delhi, Jul 8 (PTI) Auto component makers are hopeful that India will soon seal a trade deal with the US, which is the single-largest market for Indian manufacturers, according to an industry official. The official also said that the government has been regularly consulting with the auto components industry amid the ongoing talks for an interim trade deal between India and the US. The comments have come against the background of the US suspending reciprocal tariffs until August 1. The earlier deadline was ending on July 9. India was not included in the list of countries that received tar ...Read More >
An Ertiga made at its Manesar factory in Haryana is the 2 millionth vehicle to roll out from Maruti Suzuki's stables An Ertiga, its popular multi-purpose vehicle manufactured at its Manesar facility in Haryana, drove Maruti Suzuki India Ltd to new milestone -- two million vehicles manufactured in a calendar year, making India's largest car manufacturer the only company to achieve the feat in the passenger vehicle space. Of the two million vehicles, almost 60 percent were manufactured in Haryana ...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 >
Trinamool Congress MP Mahua Moitra criticized Prime Minister Narendra Modi during his international tour, questioning the effectiveness of India's diplomatic efforts in isolating Pakistan globally. Moitra commented on Modi's extensive traveling and expressed concerns about Pakistan's support from international organizations. As Prime Minister Narendra Modi embarked on a multi-nation tour, he faced critical remarks from Trinamool Congress MP Mahua Moitra, who questioned why India's diplomatic act ...Read More >
The global smoke grenade market is expected to grow from $297.24 million in 2023 to $456.46 million by 2031, driven by a 5.5% CAGR. Military, law enforcement, and emergency services are the primary sectors fueling demand, especially for tactical operations, training, and crowd control. Advances in technology have led to safer, more effective smoke grenades, while commercial uses in activities like paintball and film production are rising. Environmental concerns are promoting the development of eco-friendly products. North America leads the market, with rising military expenditures further boos ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Download. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies h ...Read More >
New Delhi, Jan 17 (PTI) IT service provider Tech Mahindra on Friday announced the opening of an advanced Manufacturing Experience Centre at its Chennai campus. The centre was inaugurated by Mahindra Group chairman Anand Mahindra and Tech Mahindra CEO Mohit Joshi, according to a company statement. The centre will help manufacturers to quickly prototype and scale AI-based innovations to tackle industry issues like high operational expenses, inefficiencies in processes, supply chain disruptions, and complex operational challenges. Additionally, it will function as a hub where customers can vis ...Read More >
New Delhi, Jun 2 (PTI) Global automobile makers including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said on Monday. The said companies have expressed interest during the stakeholder discussions between the government and the industry regarding the 'Scheme to Promote Manufacturing of Electric Passenger Cars in India', the detailed guidelines for which were unveiled by the minister. While the scheme was notified on March 15 last year, its guidelines were issued on Monday. Offici ...Read More >
NewsVoir Bengaluru (Karnataka) [India], July 7: Upekkha, the India-US accelerator that has backed over 100 SaaS and AI startups, has announced VIBE 2025 (Vertical Intelligence & BEyond), the world's first summit dedicated exclusively to vertical AI. Scheduled for 10-11 July 2025 at The Leela Palace, Bengaluru, and co-hosted with SaaSBoomi, this two-day flagship event will showcase how AI can move from concept to real-world deployment within just 48 hours. "Walk in with a problem statement, walk out with a working AI pilot in 48 hours." This bold promise underpins VIBE 2025's mission -- to co ...Read More >
Mumbai, Jul 10 (PTI) The rupee pared initial gains and settled for the day higher by 4 paise at 85.69 (provisional) against the US dollar on Thursday, supported by US-India trade deal optimism, even as domestic equity markets were closed in the negative territory. Forex traders said the Indian rupee ended the day in green against the US dollar amid firm expectations that India and the US will reach a deal soon. At the interbank foreign exchange, the rupee opened on a positive note at 85.62 against the US dollar, and traded in a range of 85.69 and 85.53 during the day. The local unit finally ...Read More >
The Hyundai Tucson has received 5-star rating on the Bharat NCAP crash test and has become the first Hyundai SUV to do so. The most premium SUV offered by the South Korean manufacturer joins the Mahindra and Tata SUVs in the list of 5 star SUVs offered in India. The Hyundai Tucson scores 30.84 out of 32 in the adult occupant protection. It has scored 41 out of 49 in the child occupant protection. It received OK in the side pole impact test. The model of Hyundai Tucson that was tested by the Bharat NCAP was the top-spec 2.0-litre petrol-AT Signature variant. The particular variant gets six air ...Read More >
Mahindra's total sales volumes stood at 79,083 in November 2024 with the company's SUV lineup making up a major share of 46,222 units Mahindra has released its sales data for November 2024. Sales of the company's passenger vehicles have improved to 46,222 units which was a 15.16% YoY growth from 39,981 units sold in Nov 2023. This related to a 6,241 unit volume growth. MoM sales however fell by 15.20% when compared to 54,504 units sold in Oct 2024 relating to a decline by 8,282 units. The company has just released two Electric Origin SUVs called the BE6e and XEV9e. Both these models are buil ...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: 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 >
The XEV 9e is fast and even in the lower range mode feels smooth along with lots of performance.Source : Somnath Chatterjee Electric cars are different and Mahindra has thrown everything at their new range of EVs in terms of a new electric architecture along with specifications normally seen on luxury cars. The XEV 9e based on the Inglo platform is the bigger and more premium EV which starts at Rs 21.9 lakh while coming with two battery pack options- 59 and 79kwh. The 79 kwh battery pack means 656 km range and 284 bhp which means 0-100 km/h is just 6.8 seconds. The big XEV has lots of road p ...Read More >
New Delhi: India's passenger vehicle market witnessed varied performance across major automakers in November 2024. While Maruti Suzuki, Mahindra & Mahindra, and Tata Motors posted year-on-year growth, Hyundai faced challenges in its domestic market. Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during the month. This marked an increase from 134,158 units sold in November 2023. However, the company's sales in October 2024 were higher at 159,591 units, indicating a month-on-month decline. In November 2024, Maruti ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. Also Read | Lucknow Toddler Rape Case: Man Accused of Abduction, Sex Assault of 3-Year-Old Girl Killed in UP During Police Encounter. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Nifty dropped 27.65 points to 24,723.25. From the Sensex firms, Tata Motors, Bajaj Finance, ICICI Ban ...Read More >
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research. A deep dive into the FY25 annual reports from the industry behemoths --- TCS, Infosys, Wipro, and Tech Mahindra -- indicates that in the global AI race, India's tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it. The shift from general digital transformation to a specific AI focus is captured in the very title ...Read More >
New Delhi, Dec 3 (PTI) Mahindra & Mahindra on Tuesday said it is in discussions with InterGlobe Aviation, which owns IndiGo airlines, to find an amicable solution regarding a trademark issue over the use of "6e" in its all-new electric model. The automaker, which introduced two electric brands -- BE 6e and XEV 9e -- earlier this month, said its trademark 'BE 6e' differs from IndiGo's '6E', eliminating any risk of confusion. IndiGo uses 6E as the airline designator code. "We have taken on board the concerns that InterGlobe Aviation Ltd have to infringement of their goodwill, which was not ou ...Read More >
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Finserv, Axis Bank, Larsen & Toubro, ITC and Mahindra & Mahindra were the biggest laggards. Bharti Airtel and Hindustan Unilever were the gainers. Foreign Institutional Investors (FIIs) offloaded equities wor ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added. Earlier in March last year, the government rolled out an electric-vehicle policy, under which duty ...Read More >
New Delhi, Jun 27 (PTI) The government, industry and academia are working to resolve the issues concerning rare earth magnets, which are used in the automobile sector and other devices, a senior Meity official said on Friday. The technology exists to make rare earth magnets but to produce them at a commercially competitive rate is a challenge, Ministry of Electronics and IT, Additional Secretary, Amitesh Sinha said. Speaking on the sidelines of the Tec-Verse event showcasing PSU technology research, Sinha said that to solve the issues concerning rare earth, all three partners - government, i ...Read More >
New Delhi, Jul 1 (PTI) Hectic negotiations between India and the US enter the sixth day on Tuesday in Washington, with the talks reaching a crucial stage and New Delhi demanding greater market access for its labour-intensive goods, an official said. The Indian team, headed by special secretary in the Department of Commerce Rajesh Agrawal, is in Washington for negotiations on an interim trade agreement with the US. The stay of the Indian officials has been extended. Initially, the delegation was scheduled to stay for two days, with the talks having commenced on June 26. These talks are also ...Read More >