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.
Jammu, 26 September 2025: The Indian Institute of Management Jammu, under the leadership of Prof. B.S. Sahay, Director, IIM Jammu, hosted a two day intensive workshop on Assurance of Learning AoL. The program was facilitated by Mr. Geoff Perry, Executive Vice President and Chief Officer, Asia Pacific, Americas, and Membership, AACSB. This workshop marks a significant milestone in IIM Jammu's journey toward AACSB accreditation, focusing on building faculty capacity and strengthening academic quality through a customized AoL process. Aligned with Standard 5 of the 2020 AACSB Accreditation Standards, AoL provides a framework to measure and improve teaching and learning outcomes systematically. Mr. Geoff Perry, Executive Vice President and Chief Officer, Asia Pacific, Americas, and Membership, AACSB and Shri Prathap Das, Regional Head, South Asia AACSB were given a tour of the state of the art campus accompanied by Prof. B.S. Sahay, Director, IIM Jammu and covered state of the art library, Nalanda, Mandapam Auditorium, Smart Classrooms, Vishrantika Faculty Lounge, Vedanta MDP Block. Another highlight was the plantation conducted by Mr. Geoff Perry, Executive Vice President and Chief Officer, Asia Pacific, Americas, and Membership, AACSB. Shri Prathap Das, Regional Head, South Asia, AACSB, was also present. The event took place in the courtyard area in the presence of Prof. B.S. Sahay, Director, Indian Institutes of Management Jammu, with geo tagged photos captured on the occasion. Also, present were Dr. Gaana J, Chairperson, Accreditation, IIM Jammu; Dr. V. Raj Kumar, Co Chairperson, Accreditation, IIM Jammu and Cmdr. Kesavan Baskkaran, CAO, IIM Jammu. The interactive workshop covers the entire AoL process step by step, including competency goals learning goals, learning objectives, data collection, and rubrics. All the Faculty members are participating in breakout sessions, group discussions, and hands on exercises to develop a working knowledge of AoL implementation tailored to IIM Jammu. The key objectives of the training include building a shared understanding and common vocabulary around AoL practices, enabling collective ownership of the accreditation process, gaining practical insights for curriculum design and continuous improvement, and encouraging collaboration and reflection to enhance student learning outcomes. Mr. Geoff Perry, Executive Vice President and Chief Officer, Asia Pacific, Americas, and Membership, AACSB, highlighted that Assurance of Learning is not merely a compliance requirement but a transformative framework that empowers institutions to systematically measure and enhance student learning outcomes. He emphasized that engaging faculty members directly in the design, assessment, and evaluation processes fosters a culture of continuous improvement and alignment with international accreditation standards. Prof. B.S. Sahay, Director, IIM Jammu, emphasized that the Assurance of Learning workshop is a cornerstone in the Institute's vision of academic excellence and global benchmarking. He noted that by actively engaging faculty in designing, assessing, and refining learning outcomes, IIM Jammu is building a robust culture of continuous improvement, innovation, and accountability. He added that such initiatives strengthen the Institute's academic practices, foster collaboration across disciplines, and equip faculty to deliver world class management education that not only meets accreditation standards but also prepares students to excel in complex, dynamic, and global environments. Shri Prathap Das, Regional Head, South Asia AACSB, noted that the training offers faculty an invaluable opportunity to gain practical experience in implementing a robust AoL process. He added that through collaborative exercises and expert guidance, faculty members can better align curriculum design, assessments, and learning objectives to ensure measurable student outcomes, strengthening IIM Jammu's academic quality and accreditation readiness. Prof. Jabir Ali, Dean, Faculty and Research, IIM Jammu, remarked that the workshop is a crucial step in embedding a culture of excellence and accountability in teaching and learning. He emphasized that AoL practices not only support accreditation but also enhance faculty collaboration, curriculum effectiveness, and student development. Prof. Nitin Upadhyay, Dean, Academics, IIM Jammu, added that the hands on approach of the workshop equips faculty with actionable insights for assessment, curriculum design, and continuous improvement, reinforcing IIM Jammu's commitment to world class management education. Dr. Gaana J, Chairperson, Accreditation, IIM Jammu, observed that the training empowers faculty to develop a structured, evidence based AoL process, ensuring that academic programs are not only aligned with learning outcomes but also continuously improved for greater impact on students' professional growth. Through such initiatives, IIM Jammu continues to strengthen its commitment to academic excellence, global standards, and the holistic development of its students and faculty. The workshop is being coordinated by Accreditation Office, IIM Jammu.
Jammu (Jammu and Kashmir) [India], July 1 (ANI): The Indian Institute of Management (IIM) Jammu announced on Monday that it has achieved a historic milestone with the successful attainment of two prestigious international accreditations, BGA and EFMD, for its flagship MBA programme, within a single year. With this, IIM Jammu becomes the only second- and third-generation IIM, and one of just five among the 21 IIMs across the country, to secure both accreditations, underscoring its rapid ascent in the global higher education landscape, its director, Professor B S Sahay, said. Also Read | Rules ...Read More >
Pahalgam , July 2: In a momentous step towards strengthening access to justice and healthcare, Justice Sanjeev Kumar, Judge, High Court of Jammu & Kashmir and Ladakh and Executive Chairman, Jammu & Kashmir Legal Services Authority, Wednesday inaugurated a Legal Aid Clinic and Free Medical Camp at the Court Complex, Pahalgam, for the benefit of Amarnath Yatris and the local population. Addressing the gathering, Justice Kumar underlined the dual commitment of the Legal Services Authorities towards legal empowerment and humanitarian service. He interacted with aggrieved persons seeking legal ass ...Read More >
The financial repercussions of Parliament disruptions are considerable, impacting both public resources and the productivity of the nation's legislative process. However, both the Lok Sabha and Rajya Sabha have cumulatively functioned for merely 2 hours, with daily disruptions and sloganeering resulting in adjournments. The Rajya Sabha faced disruptions today (December 2) as Vice Chairman Jagdeep Dhankhar expressed discontent over sloganeering by Opposition MPs. The protests, which centered around demands for discussions on key issues, forced the Vice Chairman to adjourn the session until 12 ...Read More >
Kandla (Gujarat) [India], June 5 (ANI): On the occasion of World Environment Day, the Deendayal Port Authority (DPA) Kandla reaffirmed its unwavering commitment to sustainability and joined the global movement to 'Beat Plastic Pollution.' DPA highlighted its ongoing efforts toward building a cleaner, greener maritime ecosystem. These include conserving green cover, embracing renewable energy, and implementing comprehensive green port initiatives--all aligning with the port's long-term vision of environmental stewardship. To mark the day, a tree plantation drive was organised, witnessing enth ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Tim Curtis, Director, UNESCO Regional Office for South Asia, has underscored the importance of adopting an 'ethics-by-design' approach to AI development, noting that true inclusivity requires not just functionality but the integration of core ethical values from the outset. He also reaffirmed UNESCO's support for India's vision of an AI ecosystem that is inclusive, transparent, and grounded in trust. Abhishek Singh, Additional Secretary, MeitY and CEO, IndiaAI Mission, highlighted India's balanced, pro-innovation approach to AI aimed at building AI in India ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
New Delhi: Three Indian citizens vanished mysteriously in Tehran. Darkness closed in as hope seemed lost. A ruthless Pakistani gang with potential links to ISI snatched them away, casting a shadow of fear. But relentless Indian diplomats refused to back down. Against all odds, a daring rescue mission ignited. Now, the captives are free, and a chilling game of espionage comes to light. The Punjab-based trio - Amritpal Singh from Hoshiarpur, Jaspal Singh from SBS Nagar and Hushnapreet Singh from Sangrur - had landed in Iran on May 1. Promised a clandestine route to Australia via Dubai and Tehra ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
CHENNAI: The Indian Institute of Technology Madras' international campus at Zanzibar has announced the launch of a new four-year Bachelor of Science (BS) program in Chemical Process Engineering for the academic year 2025-26. Open to students of all nationalities, including Indian nationals, this full-time undergraduate program promises a globally relevant curriculum and robust industry alignment, a statement from the institute read. "The course is designed to provide a strong foundation in core chemical engineering principles, complemented by practical lab sessions, interdisciplinary electiv ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
New Delhi [India], July 5 (ANI): AIonOS, a global enterprise AI company and a joint venture between InterGlobe and Assago Group, has made a strategic investment in Cloud Analogy. Cloud Analogy is a major Salesforce consulting partner known for its strong expertise in working across multiple cloud platforms and successfully delivering Salesforce solutions to businesses around the world. According to a release, this investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with A ...Read More >
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 >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...Read More >
Mumbai: Recycling of packaging material into something useful and lasting for the community is an initiative that represents the kind of sustainable thinking Mumbai needs, said Jeetendra V Pardeshi, Superintendent of Gardens, BMC. "Such partnerships can bring sustainability into public spaces, and the public can actively participate in this transformation," Pardeshi said on Thursday, about a set of garden benches, made entirely from recycled Tetra Pak cartons, that were donated to Patwardhan Park in Bandra. The inauguration of the benches marked the start of a campaign to collect used bevera ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Nagpur: The Nagpur bench of Bombay high court on Monday directed the Maharashtra State Infrastructure Development Corporation (MSIDC) to develop a comprehensive statewide policy for tree cutting and compensatory afforestation. This directive came after reports revealed violations of the Maharashtra Urban Areas Protection and Preservation of Trees Act during infrastructure projects.A division bench comprising justices Nitin Sambre and Sachin Deshmukh granted MSIDC four weeks to submit a detailed affidavit outlining its policy, compliance measures, and monitoring mechanisms. The order emerged fr ...Read More >
Jammu : The Indian Institute of Management (IIM) Jammu stands at a luminous crossroads in its journey -- one defined by ambition, perseverance, and a resounding affirmation of its rising stature. In what can only be described as a golden chapter in the Institute's evolution, IIM Jammu has accomplished a feat few in the nation can claim: the rare distinction of securing not one, but two of the most coveted international accreditations -- BGA and EFMD Accreditation for MBA program -- within a single remarkable year. These accolades speak volumes of the Institute's steadfast commitment to academ ...Read More >
Agartala (Tripura) [India], June 5 (ANI): Tripura Chief Minister Manik Saha said that the state government is prioritising quality education for students, and quality teachers are being recruited through the Teacher Eligibility Test (TET). Saha also informed that more recruitments will be made in the future. Also Read | Centre Notifies Waqf Management Rules 2025; Portal, Database, Audit of Waqf Properties. "Textbook education can never be the standard of life. One can become morally strong through education. Along with education, children should also be engaged in social work," he said. CM ...Read More >
Mumbai, Dec 18 (PTI) Jobs and talent platform and a Quess company, foundit, on Wednesday announced the appointment of V Suresh as its Chief Executive Officer. With over two decades of experience in the internet domain, digital transformation, and the e-recruitment ecosystem, Suresh brings a wealth of strategic expertise and a forward-looking vision to foundit (formerly Monster APAC and ME), the company said in a statement. "Suresh's deep understanding of the digital talent ecosystem and proven ability to scale businesses will help us strengthen our leadership position in the market. Under hi ...Read More >
Gandhinagar (Gujarat) [India], June 7 (ANI): Gujarat Chief Minister Bhupendra Patel, while inaugurating the new Development Center of Infosys at GIFT City, reaffirmed the State Government's commitment to advancing the AI industry by implementing artificial intelligence-based systems across the state. He stated that the establishment of an AI Centre of Excellence at GIFT City is aimed at creating a unified platform that brings together solution developers, experts, professionals, and startups under one roof. Also Read | Latur Shocker: Man Kidnaps Woman's Child for Rejecting His Proposal for A ...Read More >
New Delhi [India], June 30 (ANI): The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has issued strict directives to Faceless Assessment Officers (FAOs) to avoid raising irrelevant queries while conducting faceless assessments, emphasising the need for more focused and case-specific scrutiny procedures. Chairman Ravi Agarwal has written to the Principal Chief Commissioners of Income Tax, directing them to ensure that faceless assessment officers maintain higher standards of inquiry relevance and specificity in their assessments. Also Read | Rinku Singh Appointed Basic Education O ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
Pune: As per Pune Municipal Corporation's latest Environment Status Report (ESR) 2023-24, the city houses as many as 55,81,578 trees, with the figures showing a steady annual increase.But for a city that claims to host over 55 lakh trees, deteriorating air quality makes the essential act of breathing rather difficult for residents.Even as the civic body boasts of planting lakhs of trees and expanding the city's green footprint, the on-ground reality is riddled with data inconsistencies, opaque processes and a visibly shrinking urban canopy.Citizens, environmentalists and independent researcher ...Read More >
Gurugram : AIonOS, a global leader in enterprise AI; a joint venture between InterGlobe and Assago Group, today announced a strategic investment in Cloud Analogy, a Salesforce Summit Consulting Partner recognized for its deep multi-cloud expertise and strong track record of Salesforce implementations across global enterprises. This investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with AIonOS's AI-led Customer Experience practice, the combined entity will deliver intellig ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
Each year, The Washington Post surveys thousands of employees across the D.C. region, recognizing companies that stand out for leadership, work-life balance, and commitment to their people. In 2025, only 96 organizations earned a spot on the list, representing the best in finance, technology, healthcare, and beyond. DCS is a fast-growing Salesforce consultancy that's made its mark by combining technical expertise with a people-first approach. DCS has worked with hundreds of clients across variou ...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 >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >