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.
AI image Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6-7.5 per cent, outpacing many mature global markets, according to a joint report released by CREDAI and ANAROCK Capital. The study, Indian REITs: A Gateway to Institutional Real Estate, was unveiled at CREDAI NATCON in Singapore, as reported by news agency ANI.Since the country's first REIT listing in 2019, the sector has expanded to a market capitalisation of nearly $18 billion as of August 2025. With three more REITs expected in the coming four years, the total is projected to surpass $25 billion, the report highlighted.Currently, India has five listed REITs: Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Of these, Nexus Select Trust is backed by rent-yielding retail assets such as shopping malls, while the others are office REITs, as per news agency PTI.REITs are structured as investment vehicles that either own and operate income-generating real estate or allow investors to earn returns from such assets without directly purchasing property, making them a key access point for institutional real estate.Shobhit Agarwal, CEO of ANAROCK Capital, was quoted by PTI as saying, "Indian REITs are late to the party, but now lead the dance. Despite its late entry compared to global peers, India has strong fundamentals." He added that the yields of 6-7 per cent remain well above those in markets like the US, where the average is 2.5-3.5 per cent, Singapore (5-6 per cent), and Japan (4.5-5.5 per cent).Shekhar Patel, president of CREDAI, observed that more than 60 per cent of India's current REIT value is concentrated among a small group of players, largely in Grade A office spaces tied to IT and BFSI sectors. "The future, however, holds far wider promise. As India's cities grow, infrastructure strengthens, and the economy diversifies, REITs will expand into retail, logistics, housing, and new-age assets. This transformation will unlock unprecedented opportunities for investors and firmly place India among the most dynamic REIT markets in the world," Patel said, as per PTI.Despite the sector's rapid growth, Indian REITs still account for only 20 per cent of institutional real estate, compared with much higher penetration in developed markets such as the US (96 per cent), Singapore (55 per cent), and Japan (51 per cent), according to ANI. Analysts attribute this gap to the concentration of Indian REITs in Grade A commercial office assets that provide transparency and steady cash flows.The report noted that diversification is expected in the coming years, with data centres and logistics REITs likely to emerge, supported by the growth of digital services and e-commerce. Retail mall REITs may also gain traction through ongoing consolidation. By 2030, India's REIT penetration could climb to 25-30 per cent of institutional real estate, potentially making it one of the fastest-growing REIT markets worldwide. The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.
* Commoditisation and similarity of products and services with competitors will have the most significant impact on how businesses deliver customer experiences over the next two years, according to the latest IDC InfoBrief commissioned by Affinidi * However, businesses who are looking to hyper-personalise their products as a competitive differentiator are facing several obstacles in addressing the privacy-personalisation dilemma, with 56% of them highlighting data collection and management to be a key challenge. * To truly enhance customer experiences through more personalised insights, they m ...Read More >
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 >
New Delhi, Dec 3 (VOICE) White collar hiring in India grew 6 per cent in the festive season (October and November), driven by strong growths in key non-IT sectors, a report showed on Tuesday.The sectors like Oil and Gas (+16 per cent), Pharma/Biotech (+7 per cent), FMCG (+7 per cent), and real estate (+10 per cent), alongside sustained momentum in emerging domains like AI/ML (+30 per cent) and global capability centres (+11 per cent), according to Naukri JobSpeak Index. While the IT sector has historically been a dominant force in fresher hiring, the current trend shows a significant upsurge ...Read More >
New Delhi, Dec 4 (VOICE) Aadit Palicha, Co-founder and CEO of Zepto, on Wednesday said he is not against work-life balance and even recommends it to his competitors. Palicha's statement comes even as a viral post, on the American social media platform Reddit, accused the quick e-commerce platform of toxic work culture. "I have nothing against work-life balance. In fact, I recommend it to all our competitors :)," said the 22-year-old CEO, in a post on social media platform X. The Reddit post, by an anonymous user, alleged that Zepto's working environment was "toxic", with employees working ex ...Read More >
SHANGHAI, Dec. 02, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (MMV or the Company), a leading animation and entertainment company for young consumers in China, today announced that it has signed a definitive share exchange agreement (the Share Exchange Agreement) with the shareholders (the Transferors) of Bowong AI Limited (Bowong Cayman), which, after a series of restructuring transactions, is expected to indirectly hold 100% equity interests in Bowong Technology (Shenzhen) Co., Ltd. (Bowong Technology). Bowong Technology is a company equipped with cutting-edge tec ...Read More >
LONDON - The Rank Group (LON:RNK) Plc, a British gambling company, announced today the appointment of Mr. Christian Nothhaft as a non-executive director, effective immediately. This change comes as Mr. Chew Seong Aun retires from the board, also effective today. Mr. Nothhaft brings a broad range of experience to the Rank board, including expertise in digital transformation. Alex Thursby, Rank's chairman, expressed confidence in Nothhaft's abilities, stating that his international and strategic experience will be valuable to the company. Nothhaft has a notable background in business managemen ...Read More >
In an exclusive interview with FinTech Magazine at Money20/20, Matthew Van Buskirk, Co-founder and CEO of Hummingbird Regtech, discusses how the company is enabling data to be labelled at ease through the use of artificial intelligence. Hummingbird positions itself as an AI enablement company, addressing a critical challenge in the financial sector: the lack of well-labelled, clean training data. "From the day we launched, we saw that deploying effective machine learning or AI capabilities in this industry is incredibly difficult because we don't have clean training data. Instead, we have th ...Read More >
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer lost his father when he was just one year old. His four older brothers and mother worked tirelessly t ...Read More >
New Delhi [India], November 18 (ANI): Bharatiya Janata Party leader and in-charge of the party's National IT Department, Amit Malviya, on Monday, criticised the Congress party's 'hypocrisy' over their stance on the Adani Group, pointing to past investments and agreements made with the corporate conglomerate by Congress-ruled states. Taking to social media platform X, Malviya referenced Telangana Chief Minister Revanth Reddy's recent "public admission of accepting money" from the Adani Group on November 10, 2024, pointing out that this acknowledgment contradicted Congress leader Rahul Gandhi's ...Read More >
TARC Limited announced today that it has sold 50 per cent of its TARC ISHVA residential project, valued at ₹1,350 crore, just two months after its launch in September 2024. The luxury residential development on Golf Course Extension Road in Gurugram's Sector 63A spans 1.35 million square feet and offers four-side open residences with Aravali Hills views. The shares of TARC Limited were trading at ₹212 up by ₹6.29 or 3.06 per cent on the NSE today at 11.57 am. Amar Sarin, Managing Director & CEO, highlighted the project's success, attributing it to the company's customer-centric strategy and ...Read More >
New Delhi [India], December 3 (ANI): India's real estate sector is entering a "sweet spot," supported by a unique combination of favourable factors expected to drive growth over the next three to five years, according to a UBS report. The report highlights multiple tailwinds for the residential sector, including record-low inventory levels, strong affordability, supportive regulations, and increased consolidation among developers. Additionally, factors such as urbanization, rising incomes, and potentially lower interest rates further bolster the outlook. The Indian property sector has been a ...Read More >
Trial conducted over a 118 km Boston metro route with 10 network hops and nine ROADMs. US wireless carrier Verizon has successfully tested the transportation of 1.6 terabits per second of data across a single wavelength on its live metro fiber network. Utilising Ciena's WaveLogic 6 Extreme (WL6e) coherent optical solution, the trial, conducted in Boston, demonstrated data travelling farther and faster across Verizon's fiber network. This upgrade enhances the network's ability to handle the workloads generated by artificial intelligence (AI) applications, particularly Generative AI, according ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
As a part of the new agreement between Mazagon Dock and BEML, Mazagon Docks will make facilities available to BEML's research team in exchange for their technical support to design and manufacture strategic equipment, reported PTI. The government-owned BEML Ltd. (formerly known as Bharat Earth Movers Ltd) announced on Wednesday, November 27, that it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry, news agency PTI reported. According to the company statement cited by the agency, the company aims to leverage the opportunity to expand its e ...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 >
Sundar Pichai, CEO of Google, is facing legal trouble after a Mumbai court issued a notice due to YouTube's failure to comply with a previous order. The issue revolves around an offensive video about Dhyan Foundation’s founder, Yogi Ashwini, which was supposed to be removed globally but remains accessible outside India. The court is questioning Pichai on why he shouldn't face consequences for not following the order. Meanwhile, satellite internet services are set to launch in India, with Jio, Airtel, Starlink, and Amazon Kuiper competing for market dominance. The government is preparing to all ...Read More >
New Delhi, Dec 4 (PTI) Eicher Motors on Wednesday said Royal Enfield has commenced operations of a new CKD (Completely Knocked-down) assembly facility in Thailand. Royal Enfild is a part of Eicher Motorts. "Our strategic intent is to have an international expansion strategy of investing in markets with huge potential to grow. Thailand assembly plant caters to this vision," Royal Enfield CEO B Govindarajan said in a statement. The new facility is the Royal Enfield's sixth CKD assembly unit globally - after Argentina, Colombia, Brazil, Bangladesh and Nepal. "We are confident that this (Thail ...Read More >
- Renewed homepage of Samyang's industrial water treatment solution brand, 'TRILITE' ... Featuring AI chatbot 'TRIGENT' and Design programs 'TriAngle' - Providing tailored and technical information to the user's queries ... Service available in over 100 languages. - Innovative Water Treatment Design Softwares... Ion Exchange Resin and RO membrane SEOUL, South Korea, Nov. 26, 2024 /PRNewswire/ -- Samyang Corporation (CEO Kang Ho-sung) introduced its new website for its water treatment solutions brand, 'TRILITE' (http://www.samyangtrilite.com), along with the launch of an innovative Artificia ...Read More >
In a turbulent market environment, Leslie's Inc. (LESL) stock has tumbled to a 52-week low, reaching a price level of just $2.42. This significant downturn reflects a stark contrast from its performance over the past year, with the company's shares experiencing a precipitous decline of -54.12%. Investors are closely monitoring Leslie's financial health and market position, as the stock's current valuation marks a critical juncture for the company's future trajectory. The substantial year-over-year drop has raised concerns among shareholders and market analysts alike, as they seek to understand ...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 >
Anuj Kumar, Director & CEO of CAMS, highlights that despite recent market corrections, the company expects FY25 to be one of its strongest years. CAMS continues to dominate by winning 70-80% of new bids, focusing on execution and margin expansion, and anticipates significant revenue and profit growth driven by mutual funds and associated business lines.Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as things come back, we should be holding our projections and FY25 should be one of the strongest years in t ...Read More >
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 >
NEW DELHI: Farmer leader Rakesh Tikait was detained by police in Aligarh on Wednesday while on his way to Delhi. "We don't know where they are taking us. If they won't come out with a solution, then we will start a tractor rally from here to Lucknow. We will wait for the government's reply till today evening," Tikait told reporters. On Tuesday, Tikait condemned the arrest of protesting farmers in Noida, warning that the ongoing protest spearheaded by the Samyukt Kisan Morcha (SKM) "would turn into a nationwide agitation of farmers." He pledged immediate support to farm leaders in Gautam Budd ...Read More >
Chief Minister Mohan Yadav, campaigning to invite global investors to the Global Investors Summit to be held in Bhopal in February 2025, addressed an interactive session with industrialists during a roadshow in London, UK, on Tuesday. Yadav praised the dynamic leadership of Prime Minister Narendra Modi for the rapid industrial development seen across India. Inviting the industrialists to invest in Madhya Pradesh, he highlighted that the state possesses one of the largest land banks in the country. Madhya Pradesh has transparent and investor-friendly policies and is a leader in the mining and ...Read More >
New Delhi, Nov 28 (PTI) Coworking firm Incuspaze, which provides managed flexible office spaces to corporates, is looking to raise USD 25 million (over ₹210 crore) to expand its business across major cities before planning to launch its Initial Public Offer (IPO). Established in 2016, Incuspaze has a presence in 44 locations across 18 cities with a total portfolio of 40 lakh square feet. "We plan to add another 2 million (20 lakh) square feet in our portfolio by the end of December 2025," Incuspaze founder and CEO Sanjay Choudhary told PTI. In view of the growing demand for flexible workspa ...Read More >
Hyderabad: The phone tapping case in Telangana took a dramatic turn on Tuesday with the police booking former minister T. Harish Rao and others. A case against the Bharat Rashtra Samithi (BRS) leader and others was registered at Panjagutta Police Station in Hyderabad on a complaint by G. Chakradhar Goud, a real estate businessman. The complainant, who is also the founder of Farmers First Foundation, alleged harassment, threats, and unlawful phone surveillance. Panjagutta Police registered a case under Indian Penal Code (IPC) Section 120(B) (Criminal conspiracy), 386 (Extortion), 409 (Crimin ...Read More >
JPMorgan's CEO Jamie Dimon has envisioned a future where artificial intelligence (AI) could cut the traditional work week down to just 3.5 days. Speaking at the recent JPMorgan's annual investor day, Dimon said that AI would not just make businesses better but also improve work-life balance for employees, Fortune reports. He highlighted the historical benefits of technology but also noted job displacement risks from AI. In a chat with Bloomberg TV, Dimon disclosed that thousands at JP Morgan are already using AI. He called the tech a "living breathing thing" that keeps evolving. Despite the r ...Read More >
Palo Alto Networks, released its 2025 cybersecurity predictions for the Asia Pacific region, outlining five key trends that cyber practitioners can expect to unfold in the coming twelve months and position their organisations for a more secure future. Organisations across the APAC region have emphasised embedding AI into business processes in 2024. This includes cybersecurity processes, where organisations and their adversaries are engaged in an AI arms race. But alarmingly, according to a recent PwC report, more than 40% of leaders say they do not understand the cyber risks posed by emerging ...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 >