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.
Mumbai: TataMotors on Monday announced that more than 25,000 public charging stations are now available for its electric small commercial vehicle (SCV) customers. Spread across over 150 cities, including major hubs like Delhi-NCR, Bengaluru, Mumbai, Chennai, and Hyderabad, these charging stations are aimed at boosting range confidence and efficiency for last-mile delivery operators. To speed up the expansion of charging infrastructure, Tata Motors has also signed MoUs with 13 leading Charging Point Operators (CPOs) to set up another 25,000 public chargers over the next 12 months. All current and upcoming charging locations will be integrated with Tata Motors' connected vehicle platform, 'Fleet Edge', so customers can easily find and navigate to them in real time. Pinaki Haldar, Vice President and Business Head of SCVPU at Tata Motors Commercial Vehicles, said that crossing the 25,000 charging station milestone marks an important step in advancing electric cargo mobility.
MUMBAI - Tesla India has made its official entry into India, launching its first showroom in Mumbai's upscale Bandra Kurla Complex at Maker Maxity Mall. This new 4,000-square-foot "Experience Centre," opened by Maharashtra Chief Minister Devendra Fadnavis on July 15, signals Tesla's arrival in the world's third-largest car market. A second showroom will open soon in Delhi's Aerocity, as Tesla aims to attract India's luxury electric vehicle buyers. High import taxes and a lack of charging stations remain tough hurdles. This expansion is part of Tesla India's strategy to tap into the growing d ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
NEW DELHI: India trialled cloud seeding over its smog-filled capital for the first time, spraying a chemical from an aeroplane to encourage rain and wash deadly particles out of the air. Cloud seeding is the practice of using aeroplanes to fire salt or other chemicals into clouds to induce rain. New Delhi city authorities, working with the government's Indian Institute of Technology Kanpur, launched a test run on Thursday (Oct 23) afternoon using a Cessna light aeroplane over the city's norther ...Read More >
New Delhi [India], April 1 (ANI): India's leading automobile manufacturers reported strong sales momentum in March and the fourth quarter of FY2025-26, with companies such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Ashok Leyland and Eicher Motors registering growth across key segments, including SUVs, commercial vehicles and exports. The performance reflects continued demand for passenger vehicles and steady growth in commercial vehicle sales as the financial year closed on a positive note for the automotive industry. Hyundai Motor India reported its highest-eve ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
Mumbai, October 24: Tata Motors' name has been changed to Tata Motors Passenger Vehicles after the demerger. The Indian automobile giant will trade as TMPV on stock exchanges. It was effective after the company's stock adjusted to the demerger of its commercial vehicle business earlier this month. Soon, the shares of the demerged commercial vehicle business may be listed on stock exchanges, including BSE and NSE. TaMo (Tata Motors) has now officially become TMPV; however, the question arises about the investors. Who will be eligible for trading in Tata Motors Passenger Vehicles, and when? The ...Read More >
The GST 2.0 impetus coupled with the festive sentiment gave a fillip to automotive retail in October to record highs, though dealers now expect momentum to moderate as the post-festive phase sets in. October 2025 will go down as the month that redefined records for India's automobile retail industry. The Federation of Automobile Dealers Associations (FADA) on Friday reported that total vehicle registrations surged a whopping 40.5 per cent year on year to 40.24 lakh units, marking the highest-eve ...Read More >
New Delhi: Electric cars and two-wheelers clocked record monthly sales in March as customers advanced purchases amid aggressive promotions and fears of fuel and vehicle price hikes in FY27. Electric car registrations -- a proxy for retail sales as carmakers report only dispatches to dealers -- rose 49% on-year to 19,711 units in March, while those of electric two-wheelers surged 36% to 177,485 units, Vahan portal data on Tuesday showed. Also Read: India's EV transition must be inclusive, economically sustainable, says HD Kumaraswamy Momentum may Continue The previous monthly high for elect ...Read More >
Delhi's Artificial Rain Through Cloud Seeding: To combat air pollution, Delhi is set to witness the first trial of artificial rain, with cloud seeding operations between July 4 and 11. Delhi Environment Minister Manjinder Singh Sirsa said the flight plan has been submitted by the Indian Institute of Technology (IIT) Kanpur to the India Meteorological Department (IMD) in Pune. He said the current weather conditions are not suitable for cloud seeding until July 3, but a tentative flight window has been proposed between July 4 and 11. He added that a proposal has also been sent to the Directorat ...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 >
New Delhi: Road transport and highways minister Nitin Gadkari on Friday said the Centre and states could earn up to ₹40,000 crore in goods and services tax (GST) if all the 9.7 million unfit and polluting vehicles in the country are scrapped. A total of 300,000 such vehicles have been scrapped till August, including 141,000 government vehicles, said Gadkari, addressing the annual session of the Automobile Component Manufacturers Association of India (ACMA). "According to our estimate, there are 9.7 million (unfit and polluting) vehicles, which we need to scrap...7 million jobs will be create ...Read More >
New Delhi, Nov 14 (PTI) After the Delhi government launched inter-state electric bus services to two cities and plans further expansion, it will also install electric vehicle (EV) charging infrastructure at the city's three major interstate bus terminals (ISBTs), officials said. The Delhi Transport Infrastructure Development Corporation (DTC) has floated a tender for the supply and installation of chargers and the required infrastructure at the three ISBTs -- Kashmere Gate, Sarai Kale Khan, and Anand Vihar. This initiative is part of the Delhi government's broader plan to fully convert its p ...Read More >
New Delhi, Apr 1 (PTI) Tata Motors Ltd on Wednesday reported a 17 per cent growth in total commercial vehicle sales at 47,976 units in March as compared to 41,122 units in the same month last year. Total Commercial Vehicle (CV) sales in the domestic market stood at 45,825 units last month as against 38,884 units in March 2025, up 18 per cent, Tata Motors Ltd said in a regulatory filing. However, international business CV sales were lower by 4 per cent at 2,151 units as compared to 2,238 per cent in the year-ago month. For FY26, total sales were up 14 per cent at 4,28,329 units as compared t ...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, Sep 29 (PTI) Tata Power EV Charging Solutions and VE Commercial Vehicles (VECV) on Monday announced their partnership to accelerate the adoption of electric commercial vehicles in India. The companies will collaborate on multiple fronts to support truck and bus operators looking to introduce electric vehicles in their operations, Tata Power said in a statement. Tata Power EV Charging Solutions Limited is a step down subsidiary of Tata Power Company. While Tata Power will leverage its EV charging infrastructure and expertise in providing customised charging solutions, VECV will co ...Read More >
The restrictions will not apply to commercial vehicles registered in Delhi, BS-VI compliant diesel vehicles, or vehicles running on CNG, LNG, or electricity. Commercial goods vehicles (CGVs) registered outside Delhi that do not comply with BS-VI emission standards will be barred from entering the national capital starting November 1, 2025, authorities announced. The move follows directions from the Commission for Air Quality Management (CAQM) to curb vehicular pollution in the city, according t ...Read More >
Mumbai, November 14: Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year to Rs 72,349 crore in Q2 FY26, compared with Rs 83,656 crore in Q2 FY25. Excluding the demerger-related gain, t ...Read More >
Lucknow, Dec 15 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday met Tata Sons Chairman N Chandrasekaran to review the progress of Tata Group's existing projects in the state, and discussed their expansion and new investment proposals. According to an official statement, the meeting saw wide-ranging deliberations on long-term cooperation in sectors such as artificial intelligence (AI), information technology, electronics, defence manufacturing, energy, renewable energy, electric vehicles (EVs), tourism, skill development and the digital economy. During the interaction, Chandrasek ...Read More >
Mumbai, Dec 11 (PTI) Murugappa Group-run TCI Clean Mobility subsidiary TIVOLT Electric Vehicles on Wednesday said it has signed a pact with EV charging solutions provider Tata Power Renewable Energy Limited (TPREL) to build a charging ecosystem for its electric commercial vehicles. Under the collaboration, Tata Power Renewable Energy will bring its extensive experience in setting up and managing an expansive EV charging infrastructure at strategic locations across the country to TIVOLT dealerships, customer locations, and high-traffic public spaces, the company said in a statement. "This str ...Read More >
Mumbai: Tesla Tuesday entered the Indian car market, launching its Rs 59.89 lakh Model Y SUV, as Maharashtra rolled out a red carpet for the EV maker, urging it to go beyond imports and anchor its manufacturing and R&D base in the state. At an event to mark Tesla's formal entry, Maharashtra chief minister Devendra Fadnavis made a strong pitch to the Elon Musk-led automaker, positioning the state as Tesla's long-term base. "Mumbai and the people of India are going to love Tesla. But more than just being a big market, India is now a robust base for electric mobility manufacturing, especially Ma ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical supplier to OEMs like Tata Motors, Ashok Leyland, John Deere, and Indian Railways. Wheels India - FY22 ...Read More >
While overall deal volumes remained stable compared to the previous quarter, values spiked sharply due to large-ticket strategic acquisitions. New Delhi: India's automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion in Q3 2025, according to the Grant Thornton Bharat Q3 2025 Automotive Dealtracker. The surge in deal value was largely driven by Tata Motors' $3.8 billion acquisition of Iveco S.P.A., marking one of the largest outbound automotiv ...Read More >
New Delhi [India], December 15 (ANI): Union Minister for Environment, Forest and Climate Change Bhupender Yadav on Monday chaired a high-level meeting to undertake a detailed review of the Action Plans of Ghaziabad and Noida aimed at tackling air pollution in the two cities. This was the first review under a series of review meetings on City-specific action plans in NCR, which would culminate in a State-level review in the coming days. The review is being conducted in the prescribed format, as desired by the Minister during the earlier review meeting held on December 3 to assess progress and ...Read More >
Delhi : Reinforcing its commitment to Carbon Neutrality and clean energy innovation, Toyota Kirloskar Motor (TKM) today exchanged a Memorandum of Understanding (MoU) with Bengaluru-based Ohmium International, a leading PEM hydrogen technology provider, to co-develop Green Hydrogen-based integrated power solutions in India. This strategic undertaking highlights Toyota's pivotal role in fuel cell technology and advancing Green Hydrogen as the clean fuel of the future. It highlights the company's relentless efforts to foster a robust Hydrogen economy across mobility and stationary applications. ...Read More >
Mumbai: Chief Minister Devendra Fadnavis on Tuesday expressed confidence during the inauguration of Tesla's Experience Centre that Maharashtra will become the state with the highest electric vehicle (EV) manufacturing capacity in India. World-renowned EV manufacturer Tesla has officially entered the Indian market, and its first Experience Centre in the country -- located in Mumbai -- was inaugurated by CM Fadnavis. Transport Minister Pratap Sarnaik, Principal Secretary/CEO Kaustubh Dhavse, and Tesla representatives were also present. CM Fadnavis said this was a momentous occasion for Maharas ...Read More >
Mumbai, Jul 15 (PTI) Global EV giant Tesla on Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre here. Tesla, led by American tech billionaire Elon Musk who had in the past cited India's high import tariffs for the company not entering the country earlier, will be importing the Model Y as a completely built unit (CBU), from its Shanghai manufacturing facility in China. The mid-sized electric SUV Model Y, which was once the world's best-selling car, will be offered in India in two variants -- rea ...Read More >
The Delhi government and IIT Kanpur have partnered to combat air pollution. They signed an agreement for cloud seeding trials in northwest Delhi. The trials will occur in October and November. Aircraft will be used for the two-month pilot project. The results will guide future actions. The project aims to demonstrate alternative technology. New Delhi, The Delhi government on Thursday signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Kanpur on launching a pi ...Read More >
The investment will be channelled into reviving the automaker's Maraimalai Nagar facility near Chennai in Tamil Nadu, which will be retooled to produce over 200,000 engines annually. Ford Motor Co. plans to invest about ₹32.5 billion ($370 million) in India to manufacture high-end engines for export markets, marking a significant return to local production four years after shutting down operations in the country, according to a person familiar with the matter told Bloomberg. The investment wi ...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: The Enforcement Directorate (ED) on Thursday announced the provisional attachment of assets worth approximately ₹131.45 crore in Spain, including a luxury yacht and immovable properties, under the Prevention of Money Laundering Act (PMLA). These assets belong to Pavel Prozorov, a Spanish national and the alleged mastermind behind the unauthorised forex trading platform OctaFX. The attached assets comprise a commercial Italian-model luxury yacht cruising in the Western Mediterranean, a minijet boat, a luxury car, and two residential properties in Spain. The ED's probe was launched ...Read More >