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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.

12
BusinessDec 17, 2024 03:49 PM

Business News | Maruti Suzuki Achieves Production Milestone of 2 Million Units in Single Calendar Year | LatestLY

New Delhi [India], December 17 (ANI): Maruti Suzuki India Limited (MSIL), India's leading passenger vehicle manufacturer, has achieved an extraordinary milestone by producing two million vehicles in single calendar year. According to Maruti Suzuki, this feat makes Maruti Suzuki the first original equipment manufacturer (OEM) in India to reach this landmark and the first among Suzuki Motor Corporation's global facilities to achieve such a scale. Also Read | Maratha Quota Activist Manoj Jarange To Launch Indefinite Fast From January 25, To Press for Maratha Community's Demands, Including Reservation in Jobs and Education. The 2 millionth vehicle, an Ertiga, rolled out from Maruti Suzuki's state-of-the-art facility in Manesar, Haryana. Out of the total production, 60 per cent came from the company's Haryana plants, while the remaining 40 per cent was contributed by the Gujarat facility. Baleno, Fronx, Ertiga, WagonR, and Brezza emerged as the top models manufactured during 2024. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, "The 2 million production milestone is a testament to India's manufacturing potential and our dedication to 'Make in India' initiative. This achievement reflects our commitment, alongside our supplier and dealer partners, to driving economic growth, supporting nation building, and making India's automobile industry self-reliant and globally competitive." Also Read | Latest ICC Rankings 2024: Smriti Mandhana Climbs to Second Spot in ODI and Third Position in T2OI Batting. He added, "We extend our heartfelt gratitude to our customers, employees, and value chain partners for their continued support and for being an integral part of this historic journey." Maruti Suzuki's production milestone comes at a time of strong growth in the Indian and global automobile markets. The company currently operates three manufacturing facilities--two in Haryana (Gurgaon and Manesar) and one in Gujarat (Hansalpur)--with a combined annual production capacity of 2.35 million units. To meet rising demand, Maruti Suzuki is establishing a greenfield manufacturing facility in Kharkhoda, Haryana, which is expected to commence operations in 2025 with an annual capacity of 2.5 lakh units. Once fully operational, the Kharkhoda facility will add 1 million units annually to Maruti Suzuki's capacity. Additionally, plans are underway for another greenfield facility with an annual capacity of one million units, with the company in the process of finalizing its location. Maruti Suzuki has consistently championed the 'Make in India' initiative, contributing nearly 40 per cent of India's total passenger vehicle exports. Over the past three years, the company has been India's top passenger vehicle exporter, shipping 17 models, including the Fronx, Jimny, Baleno, Dzire, and Swift, to around 100 countries worldwide. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

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BusinessDec 02, 2024 03:48 PM

Should You Buy Maruti Dzire? Check Out 10 Pros And 4 Cons

Maruti Dzire Pros And Cons: Maruti Suzuki Dzire, the 4th best-selling car in India to date, has entered its 4th generation with enhanced styling, a youthful design, updated features, and a new Z-series engine. It is priced between Rs 6.79 lakh and Rs 10.14 lakh (introductory, ex-showroom, pan-India). Now, the question is: should you buy the new Maruti Dzire? To answer this, I took the Maruti Dzire for a spin to understand it from the driver's seat and through real-world experience. Based on my experience, here are the top 10 pros and cons of the Maruti Dzire, to help you make an informed decis ...Read More >

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BusinessTechnologyDec 05, 2024 02:04 PM

All-New 3rd Generation Honda Amaze makes its Global Debut in India - APN News

Mumbai : Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India today unveiled and launched its much-awaited all-new 3 Generation Honda Amaze. This marks the global debut of the new generation Amaze in India, a key market for Honda globally and the first country to launch the new model. The all-new Amaze will be available at an introductory price range of Rs 7,99,900 - Rs. 10,89,900 (ex-showroom, Delhi); valid till 45 days from launch. The stylish and premium compact sedan has been designed to offer an OUTCLASS and delightful sedan experience that meets the aspirations ...Read More >

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PoliticsBusinessDec 11, 2024 04:52 PM

"Two years have been period of destruction and corruption": LoP Jairam Thakur slams Himachal govt

Shimla (Himachal Pradesh) [India], December 11 (ANI): A Bharatiya Janata Party (BJP) delegation, led by senior leaders, met Himachal Pradesh Governor Pratap Shukla recently to submit a comprehensive 106-page memorandum titled "Kachcha Chittha". The document, which alleges rampant corruption and administrative failures in the two years of Congress rule under Chief Minister Sukhvinder Singh Sukhu, aims to hold the state government accountable for what the BJP describes as a period of "unprecedented mismanagement and destruction." Speaking to the media after meeting the Governor, Himachal Prade ...Read More >

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BusinessDec 13, 2024 11:50 AM

Business News | IIFL Capital Unveils New Office in Bengaluru, Dedicated to Wealth Management Services for HNIs & UHNIs | LatestLY

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 >

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PoliticsJan 02, 2025 06:48 PM

India News | Sambhal: Survey Report of Shahi Jama Masjid Submitted in Chandausi Court | LatestLY

Sambhal (Uttar Pradesh) [India], January 2 (ANI): The court commissioner submitted his survey report in Chandausi Court in the Sambhal Jama Masjid-Harihar case on Thursday. Tensions in Sambhal have been high since November 19, when a local court ordered a survey of the mosque. Clashes between protestors and police over the court-ordered survey of the Jama Masjid resulted in four deaths. Also Read | Karnataka Contractor Suicide Row: BJP Sends Sachin Panchal's Death Note to Lok Sabha LoP Rahul Gandhi; Congress Leader Priyank Kharge Says 'Party Set for Humiliation'. On December 30, a delegatio ...Read More >

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BusinessJan 08, 2025 03:10 PM

Budget should reduce tax rates, raise personal income tax exemption limit to Rs 5 lakh from Rs 3 lakh: EY India

New Delhi [India], January 8 (ANI): The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (EY India). EY India also asks for deferring tax deduction at source (TDS) on PF interest rate (above 2.5 lakhs) until the withdrawal stage to reduce compliance burden. In the previous budget TDS rate rationalization was undertaken to a certain extent. To further simplify th ...Read More >

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Jan 08, 2025 02:58 PM

India News | Maharashtra ATS Arrested 60 Illegal Bangladeshi Nationals Last Year, 43 in December Alone | LatestLY

Mumbai (Maharashtra) [India], January 8 (ANI): The anti-terror squad (ATS) of Maharashtra has arrested 60 illegal Bangladeshi immigrants across the entire state in the year 2024. In December 2024 alone, the ATS managed to arrest 43 Bangladeshi nations residing illegally. In 2025, to date, four cases have been filed against the illegal Bangladeshi nationals and six accused have been arrested. Most Bangladeshis have been arrested from Mumbai, Navi Mumbai and Thane. Also Read | PM Narendra Modi To Inaugurate, Lay Foundations for Projects Over INR 2 Lakh Crore in Andhra Pradesh's Visakhapatnam T ...Read More >

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PoliticsJan 13, 2025 09:09 PM

"What honesty are you talking about": Congress' Sandeep Dikshit slams Atishi for crowdfunding

New Delhi [India], January 13 (ANI): Congress candidate from the New Delhi assembly constituency, Sandeep Dikshit, on Monday took a dig at Delhi Chief Minister Atishi for her 'crowdfunding campaign' to contest the election, saying that the ruling AAP is spending much more than the expenditure limit. He alleged that AAP is spending Rs 500 to 700 on each volunteer. He stated that the party had appointed around 11 to 12 volunteers in each booth. "...Their (AAP) paid volunteers are on the ground with 11-12 of them at each booth. Each volunteer is being paid Rs 500-700. This only amounts to Rs 3- ...Read More >

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BusinessJan 22, 2025 09:04 PM

"Unfortunate:" Maharashtra Dy CM Eknath Shinde on the Pushpak Express accident

Mumbai (Maharashtra) [India], January 22 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde called the Pushpak Express accident "unfortunate" and said that he has spoken with the collector and officials over the same. "The Jalgaon incident is very unfortunate. I have collected details on it. I have spoken with the collector and officers. The injured have been admitted to the hospital. A rescue operation is underway at the spot. The government is providing all help to everyone," said the deputy CM. Notably, the death toll in the Jalgaon train accident has risen to 11, with six others inju ...Read More >

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SportsNov 26, 2024 01:53 PM

Mumbai Indians owner Akash Ambani talks about who the team retained and left, see the list here

Mumbai Indians (MI) made strategic moves in the IPL 2025 mega-auction, securing New Zealand pacer Trent Boult for ₹12.50 crore. MI owner Akash Ambani praised Boult’s invaluable skill in swinging the new ball, acknowledging the team’s struggles when he wasn’t playing for them in recent years. The franchise also acquired England’s Reece Topley for ₹75 lakh and New Zealand spinner Mitchell Santner for ₹2 crore. MI further strengthened their spin department by signing young Afghan talent Allah Ghazanfar for ₹4.80 crore, who has impressed with his performances in international cricket. ...Read More >

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PoliticsNov 28, 2024 08:28 PM

'This Was The First Time Women Felt Valued Beyond Their Votes': Aditi Tatkare

In this edition of Frontline Conversations, former Maharashtra Women and Child Development Minister Aditi Tatkare discusses how the Ladki Bahin scheme, which provided direct cash transfers to 2.35 crore women, transformed both the economic landscape and political dynamics of the State. The programme, which distributed Rs.7,500 across five instalments to women earning less than Rs. 2.5 lakh annually, not only empowered women with financial independence but also proved to be a decisive factor in Mahayuti's electoral victory, marking a shift in Maharashtra's traditionally male-dominated political ...Read More >

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PoliticsDec 11, 2024 10:57 AM

Delhi polls: Arvind Kejriwal promises Rs 10 lakh insurance and more to auto drivers

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 >

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BusinessDec 13, 2024 11:53 AM

India News |

Belagavi (Karnataka) [India], December 13 (ANI): Karnataka Legislative Council LoP Chalavadi Narayanaswamy on Friday expressed support for the 'One Nation, One Election' and questioned the opposition's protests against the proposal. Narayanaswamy said that 'One Nation, One Election' will ease the government's financial burden and reduce election costs, urging everyone to support the initiative. Also Read | Telangana Handcuffing Controversy: Tribal Farmer Taken To Sangareddy Hospital in Handcuffs by Police, CM Revanth Reddy Orders Inquiry (Watch Video). Speaking to ANI, Chalavadi Narayanaswa ...Read More >

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PoliticsDec 12, 2024 04:38 PM

"Congress party in Telangana has been an abject failure," says KT Rama Rao

Hyderabad (Telangana) [India], December 12 (ANI): Launching a scathing attack against the Congress-led Telangana government, Bharat Rashtra Samithi (BRS) Working President KT Rama Rao on Thursday called it an "abject failure" and said that Congress party's saga of betrayal is endless. "The Congress party in Telangana has been an abject failure... Their saga of betrayal is endless... They are tampering with the cultural icons, with the Telangana self-respect and pride. I wrote to Rahul Gandhi that we are compelled that when BRS comes back three years later, we will change the name of all the i ...Read More >

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BusinessDec 17, 2024 04:23 PM

Maruti Suzuki is first car manufacturer in India to make 2 million units in a year

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 >

25
BusinessJan 22, 2025 09:17 PM

India News | Jalgaon Train Accident: Maharashtra CM Announces Rs 5 Lakh Ex Gratia for Kin of Deceased | LatestLY

Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. Also Read | 'Deeply Distressing': Maharashtra CM Devendra Fadnavis Mourns Loss of Lives After 8 Killed, Several Injured in Jalgaon Train Tragedy. The passengers of the Pus ...Read More >

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PoliticsBusinessDec 03, 2024 11:11 PM

India News | Mizoram: Assam Rifles with Excise and Narcotics Department Seize Heroin Worth Rs 15 Lakhs | LatestLY

Champhai (Mizoram) [India], December 3 (ANI): Assam Rifles, in collaboration with the Excise and Narcotics Department, recovered 22 grams of Heroin No. 4 worth Rs 15.40 lakh and apprehended a woman in the Zote area of Champhai district on Monday. The operation, based on specific intelligence, led to the discovery of the contraband hidden inside the woman's clothing bag. The suspect, identified as 40-year-old Tlangmawii, along with the seized consignment, has been handed over to the Excise and Narcotics Department, Champhai, for further legal proceedings. Also Read | Rahul Gandhi To Visit Sam ...Read More >

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BusinessDec 03, 2024 10:50 PM

Mizoram: Assam Rifles with Excise and Narcotics Department seize Heroin worth Rs 15 lakhs

Champhai (Mizoram) [India], December 3 (ANI): Assam Rifles, in collaboration with the Excise and Narcotics Department, recovered 22 grams of Heroin No. 4 worth Rs 15.40 lakh and apprehended a woman in the Zote area of Champhai district on Monday. The operation, based on specific intelligence, led to the discovery of the contraband hidden inside the woman's clothing bag. The suspect, identified as 40-year-old Tlangmawii, along with the seized consignment, has been handed over to the Excise and Narcotics Department, Champhai, for further legal proceedings. In a separate operation aimed at coun ...Read More >

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BusinessDec 04, 2024 04:10 PM

India News | ED Seizes Rs 1.36 Cr in Crypto, Rs 47 Lakh Cash in Cyber Fraud Case | LatestLY

New Delhi [India], December 4 (ANI): The Enforcement Directorate (ED) seized cryptocurrency worth Rs 1.36 crore (USDT) from private wallets, along with unexplained cash amounting to Rs 47 lakh, during an investigation into a major money laundering case. The case pertains to cyber fraud involving illegal proceeds of approximately Rs 640 crore, generated through betting, gambling, part-time job scams, and phishing operations. The ED also recovered various incriminating documents linked to the fraud during its crackdown. Also Read | Banking Laws (Amendment) Bill, 2024 Set To Boost Consumer Expe ...Read More >

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TechnologyDec 04, 2024 06:07 PM

Telangana Govt. and Google inks agreement to establish Safety Engineering Centre in Hyderabad

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 >

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PoliticsDec 10, 2024 05:11 PM

Delhi BJP posts video of Arvind Kejriwal's '7-star Sheesh Mahal', calls him 'Delhi ka millionaire'

The Delhi BJP also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. In a recently-released video, the Delhi BJP has given a tour of the luxurious bungalow of AAP leader Arvind Kejriwal, where he lived while serving as the Chief Minister of the state. The party also shared a rap song "Delhi ka millionaire" alleging corruption against the party's top leadership. Delhi BJP chief Virendra Sachdeva, who shared the video on X, called the Civil Lines bu ...Read More >

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OtherPoliticsDec 15, 2024 01:51 PM

Bengaluru techie suicide: Where is my grandson, asks Atul Subhash's father after wife's arrest

Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >

19
BusinessJan 02, 2025 06:48 PM

Latest News | EV Players to Meet Goyal on Friday, Discuss Infra-related Issues | LatestLY

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 >

31
BusinessNov 29, 2024 10:46 AM

Kidnapped as 7 year-old, UP man returns home after 30 years

In a miraculous turn of events, a seven-year-old boy who was kidnapped from Uttar Pradesh's Ghaziabad district more than 30 years ago has reunited with his family. IMAGE: Raju was kidnapped when he was seven-year-old from Uttar Pradesh's Ghaziabad district. Photograph: ANI Now 38, Raju shared his ordeal and said that after being abducted in September 1993, he was handed over to a truck driver who took him to Jaisalmer in Rajasthan. "The kidnappers kept me in a room located in the middle of a barren area, where I was forced to take care of sheep and goats. Each night, I was chained and locke ...Read More >

36
BusinessDec 02, 2024 03:41 PM

Business News | 'Good Buy 2024': Dosti Realty's Call to Make Your Homeownership Dreams Come True | LatestLY

Mumbai (Maharashtra) [India], December 2: Dosti Realty, a leading brand in the real estate sector recognised for delivering exceptional residential experiences and premium lifestyle projects across the Mumbai Metropolitan Region has announced the "Good Buy 2024" campaign for aspiring homeowners. An ideal way to bid farewell to the year, the Dosti Realty campaign is designed to resonate with the spirit of the year-end, inspiring homebuyers to make meaningful investments that shape their future. Also Read | Farmers Protest: Massive Congestion at Delhi-Noida Border as Police Set Up Barricades Ah ...Read More >

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BusinessDec 03, 2024 06:07 PM

Business News | Oilfields (Regulation and Development) Amendment Bill, 2024 Passed in Rajya Sabha | LatestLY

New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >

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OtherDec 11, 2024 10:01 AM

India News | Bengaluru Techie Suicide: Experts Criticise Misuse of Dowry Laws, Say 'Laws for Women's Safety Used as Weapon' | LatestLY

Mumbai (Maharashtra) [India], December 11 (ANI): The case of Bengaluru Techie Atul Subhash who died by suicide citing alleged harassment by his estranged wife has opened up a debate on misuse of ant--dowry lawy. Mumbai-based lawyer Abha Singh described the case as a 'gross misuse of law,' stating that false charges and harassment led to the death of the victim, suffering from harassment from his wife and in-laws. Lawyer Abha Singh also emphasized that the misuse of dowry laws could ultimately deny justice to those who genuinely need protection. Also Read | Atul Subhash Suicide Case: 4 People ...Read More >

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1
OtherDec 15, 2024 01:51 PM

Supreme Court steps in as farmer leader Dallewal's fast-unto-death enters Day 18

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 >

26
BusinessJan 02, 2025 06:52 PM

Delhi Bakery Owner's Suicide: Father Accuses In-Laws Of Taking Rs 1.35 Lakh Before Marriage, Demands Justice

Delhi bakery owner Puneet Khurana (40) was found hanging in his home in Model Town's Kalyan Vihar area on Tuesday. Khurana was reportedly "upset with his wife," whom he married in 2016. The couple co-owned 'For God's Cake' bakery and another establishment, 'Woodbox Cafe'. However, Woodbox Cafe had closed some time ago. Trilok Nath Khurana, Puneet's father, has levelled fresh accusations against his in-laws, seeking justice. Speaking to the media, he revealed that his daughter-in-law's family had taken Rs 1.35 crore from them under the pretext of business before the wedding. However, after the ...Read More >

27
BusinessJan 22, 2025 08:45 PM

Jalgaon train accident: Maharashtra CM announces Rs 5 lakh ex gratia for kin of deceased

Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. The passengers of the Pushpak Express had stepped outside their coaches due to a suspected fire on the train, and while outside the Karnataka Express passed through the adj ...Read More >