India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi, Sep 29 (PTI) Indian REITs Association (IRA) has joined Global REIT Alliance -- an international coalition to promote Real Estate Investment Trust (REIT). The Global REIT Alliance was officially launched recently at the European Public Real Estate Association's (EPRA) 2025 ReThink conference in Stockholm, Sweden. The alliance brings together 24 countries and regions to create a unified voice for REIT advocacy and a platform for knowledge-sharing and standard-setting. Preeti Chheda, Executive Committee Member of the IRA and CFO of Mindspace Business Parks REIT, said, "This alliance provides a vital platform to collaborate with global REIT community, exchange market perspectives, and collectively drive the growth of REITs globally." Knowledge Realty Trust, Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust are five listed REITs in India. PTI MJH TRB
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
Mumbai, Oct 1 (PTI) The Reserve Bank on Wednesday proposed to raise the lending limit for banks against shares to Rs 1 crore and for IPO financing to Rs 25 lakh per person, a move that will increase the availability of credit to investors. Currently, banks can lend up to Rs 20 lakh against shares and Rs 10 lakh towards IPO financing. Unveiling the bi-monthly monetary policy, RBI Governor Sanjay Malhotra also proposed to provide an enabling framework for Indian banks to finance acquisitions by Indian corporates. "It is proposed to remove the regulatory ceiling on lending against listed debt ...Read More >
New Delhi, Oct 26 (PTI) Life Insurance Corporation of India's investment in Adani group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers. In June 2025, a month after USD 570 million (Rs 5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore (USD 750 million) debt investment in Adani's Mumbai International Airport, joined by several leading internati ...Read More >
Bengaluru: Vipan Joshi, chief financial officer at Aakash Educational Services Ltd, has resigned effective 31 October, two people aware of the development said, adding to a leadership churn as the company proceeds with a rights issue. Joshi tendered his resignation about six months earlier, they said. A spokesperson for Aakash confirmed on a call on Tuesday that Joshi had stepped down. Mint reached out to Joshi through calls and text messages but he did not respond. Joshi said in a post on LinkedIn a week ago that he was "taking a moment to reflect" as he turned "the page to a new chapter in ...Read More >
New Delhi, Aug 26 (PTI) India's Real Estate Investment Trust (REIT) market is gaining momentum with nearly 140 million sq ft of office and retail real estate already in the portfolio of five trusts listed on stock exchanges, according to Colliers India. Real estate consultant Colliers India noted that the REIT market in India is "steadily progressing from a 'nascent' to 'early growth' stage. Stating that around 500 million sq ft of office assets are REIT-worthy, the consultant said the four listed office REITs currently encompass close to 133 million sq ft of Grade A office space. "Addition ...Read More >
New Delhi, Jul 6 (PTI) Billionaire Gautam Adani-led group's flagship firm on Sunday announced a Rs 1,000 crore NCD issue offering up to 9.30 per cent per annum. The issue opens on Wednesday, July 9, 2025, and closes on July 22, a company statement said. It offers an effective yield of up to 9.30 per cent per annum. This is Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "The second public issuance of NCDs by AEL, further deepens our commitment to inclusive capital markets growth and retail participation in long-term infrastructure ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
Mumbai, Jul 17 (PTI) Axis Bank on Thursday reported a 3 per cent dip in its June quarter consolidated net profit at Rs 6,243.72 crore, impacted by the implementation of changes in non-performing assets and loan upgrade policy. On a standalone basis, the third largest private sector lender's net profit declined to Rs 5,806 crore from the year-ago period's Rs 6,034 crore, but was down sharply when compared with the quarter ago period's Rs 7,117 crore. The bank's core income showed low growth in the reporting period, but it was a Rs 614 crore hit brought about by what it called it a "technical ...Read More >
New Delhi, Dec 13 (PTI) Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to institutional investors through QIP issue mainly to reduce debt. In a regulatory filing on Friday, the company said it has successfully completed a capital raise of Rs 3,500 crore through a qualified institutional placement (QIP) of units. The issue was launched on December 9. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 13, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. The issue saw strong demand from long-term invest ...Read More >
New Delhi, May 26 (PTI) Zepto Co-Founder and CEO Aadit Palicha has accused the chief financial officer of a competing company of orchestrating a smear campaign against his quick commerce platform. In a LinkedIn post on late Sunday, Palicha, not taking names, alleged that the CFO of one of Zepto's competitor firms has been reaching out to Zepto's investors with unsubstantiated claims, distributing false financial data to journalists, and employing bots to spread negative narratives about Zepto on social media. "Over the past few days, the CFO of one of our competitors has been trying to build ...Read More >
Noida, Jun 27 (PTI) A massive fire broke out at a chemical factory in Noida's Sector 2 on Friday morning, a fire department official said. Thick smoke and flames coming out of the factory were visible from a distance. Gautam Buddha Nagar's Chief Fire Officer Pradeep Kumar Chaubey said information regarding the fire was received at 5:30 am. Seeing the intensity of the blaze, fire tenders Ghaziabad, Hapur and Meerut were roped in along with private firefighting teams, he said. No injury or casualty has been reported in the incident and the blaze has been doused, the CFO said. "The fire was ...Read More >
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 rep ...Read More >
New Delhi [India], February 16 (ANI): The five publicly listed Real Estate Investment Trusts (REITs) in India have collectively distributed over Rs 2,450 crore to more than 3.8 lakh unitholders during the third quarter of FY26, according to the Indian REITs Association (IRA). India's listed REITs include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT, and Nexus Select Trust. Also Read | Pakistan Gold Rate Today, February 16, 2026: Wondering What Is the Gold Rate in Pakistan? Check 22K & 24K Prices of Yellow Metal Here. To ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that made me and the ones still on my way. Thank you for all your love and wishes Instafam. #Gratitude #lo ...Read More >
New Delhi, Jul 14 (PTI) Domestic telecom gear maker Tejas Networks posted a consolidated loss of Rs 193.87 crore in the first quarter ended June 2025, mainly due to a decline in sales, the company filing said on Monday. The company, which supplied 4G gears to state-owned BSNL, had posted a profit of Rs 77.48 crore a year ago. Also Read | How To Check Lottery Sambad Results: A Comprehensive Guide for Indian Lottery Enthusiasts. The consolidated revenue of Tejas Networks plunged about 87 per cent to Rs 202 crore during the reported quarter from Rs 1,563 crore in the June 2024 quarter. "We wo ...Read More >
New Delhi, Jul 15 (PTI) Indian real estate sector witnessed deals worth USD 2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton Bharat. In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped. The real estate deals include Initial Public Offering (IPO) and Qualified Institutional Placement (QIP). "In the first half of the year, the Indian real estate sector recorded 45 transactions, including IPO and QIP, valued at USD 2.5 ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when intoxicated. As per police, Shamma was addicted to ganja. On the fateful night, he against pressuri ...Read More >
New Delhi, Oct 27 (PTI) SRF Ltd, a chemical-based multi-business company, reported a 92.72 per cent jump in consolidated net profit to Rs 388.18 crore for the second quarter ended September 30, driven by higher sales, the company said on Monday. Its net profit stood at Rs 201.42 crore in the July-September quarter of the previous fiscal year, according to a regulatory filing. The total income rose 6.30 per cent to Rs 3,640.19 crore during the quarter under review from Rs 3,424.30 crore in the year-ago period. Expenses fell to Rs 3,148.85 crore from Rs 3,173.97 crore. "We performed well thi ...Read More >
Mumbai, Dec 18 (PTI) Cochin Shipyard Limited's wholly-owned subsidiary Udupi-Cochin Shipyard on Wednesday announced the launch of the Series of Six 3800 TDW general cargo vessels being built for Norway's Wilson ASA. The vessel was launched by Martine Aamdal Bottheim, Minister Counsellor and Deputy Head of Mission at the Royal Norwegian Embassy, along with Wilson ASA Chief Financial Officer Einar Tornes and Cochin Shipyard's Chairman and MD Madhu S Nair, Cochin Shipyard Ltd said. Constructed as environment-friendly diesel-electric vessels for the transport of general cargo in the coastal wate ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
Mumbai, Sep 12 (PTI) The Sebi board on Friday approved a slew of reforms and ease of doing business measures that will help IPO-bound large companies and low-risk foreign investors, among other segments. In a decision, which comes ahead of the mega initial public offerings (IPO) by NSE and Reliance Jio Infocomm, the Sebi board decided to recommend the government to amend the statutes governing minimum public offerings. Under the proposed framework, companies with a market capitalisation between Rs 50,000 crore and Rs 1 lakh crore would be required to float 8 per cent of their equity instead ...Read More >
Mumbai, Jul 19 (PTI) HDFC Bank on Saturday posted a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for the June 2025 quarter. The lender had reported a net profit of Rs 16,475 crore in the year-ago period. On a standalone basis, the country's largest private sector lender reported a net profit of Rs 18,155 crore for the quarter, up from Rs 16,174 crore a year ago. The core net interest income growth moderated to 5 per cent to Rs 31,400 crore during the quarter, as the net interest margin narrowed to 3.35 per cent from 3.46 per cent in the quarter-ago period amid a 6 ...Read More >
New Delhi, Mar 31 (PTI) Realty firm Mindspace Business Parks REIT has acquired a 26 lakh sq ft commercial asset in Chennai for Rs 2,541 crore as part of its strategy to expand business amid high demand of office spaces. In a regulatory filing on Tuesday, the company said it has acquired 100 per cent stake in Sycamore Properties Pvt Ltd and Content Properties Pvt Ltd for Rs 2,541 crore. Sycamore Properties and Content Properties owns a commercial asset in Chennai comprising around 2.6 million sq ft office space. The board of the manager to Mindspace Business Parks REIT has approved the trans ...Read More >
Mumbai, Jul 19 (PTI) HDFC Bank on Saturday posted a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for the June 2025 quarter. The lender had reported a net profit of Rs 16,475 crore in the year-ago period. On a standalone basis, the country's largest private sector lender reported a net profit of Rs 18,155 crore for the quarter, up from Rs 16,174 crore a year ago. The core net interest income growth moderated to 5 per cent to Rs 31,400 crore during the quarter, as the net interest margin narrowed to 3.35 per cent from 3.46 per cent in the quarter-ago period amid a 6 ...Read More >
New Delhi, Dec 4 (PTI) UP-based Meja Urja Nigam Pvt Ltd (MUNPL) on Wednesday said its board has approved the first interim dividend of Rs 350 crore for the current financial year. The dividend will be paid in ratio of 50:50 to promoter entities NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) by this week, the company said in a statement. "The Board of Directors on Tuesday approved the payment of an interim dividend of Rs. 0.96 per ordinary share of Rs 10 each, totalling Rs 350 crore for the current 2024-25 fiscal year," MUNPL said. CEO Kamlesh Soni said the company is ac ...Read More >
New Delhi, Jun 8 (PTI) Homegrown Tata Steel is expecting to start the construction of its low-carbon EAF-based steel making project in the UK from July 2025 and commence operations by 2027, top company officials said. The company has received necessary approvals for its USD 1.5 billion project at Port Talbot, Tata Steel CEO & MD T V Narendran, and ED & CFO Koushik Chatterjee said in the company's annual report for FY2024-25. "We are now transitioning to decarbonised and state-of-the-art EAF-based steelmaking by FY2027-28, supported by 500 million pounds in the UK Government funding," the man ...Read More >
Mumbai (Maharashtra) [India], June 27 (ANI): It was a moment straight out of a fan's dream -- and Alia Bhatt was living it. The actress turned heads at the special screening of Umrao Jaan, dressed in a gorgeous saree inspired by one of Rekha's most iconic looks from the 1981 film Silsila. Dressed in a light pink saree, Alia's look was styled by Rhea Kapoor. Also Read | 'Squid Game 3' Full Series Leaked on Tamilrockers, Movierulz & Telegram Channels for Free Download & Watch Online; Is Lee Jung-jae and Kang Ha-Neul's Show the Latest Victim of Piracy?. The soft pink saree, worn with feather e ...Read More >
The car had a Maharashtra number plate. Luggage was tied to the roof of the vehicle, which made officials believe that a family had come from Maharashtra to visit Agra. A shocking and heartbreaking incident has come to light from the Taj Mahal complex in Agra, Uttar Pradesh. An elderly man was found unconscious and tied inside a locked car parked near the western gate. The incident has raised serious questions about human sensitivity and responsibility. According to Aaj Tak, the man had been locked inside the car for several hours. The extreme heat and humidity had made his condition critic ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government that is non-communal. Only the Congress can do that. I have joined the Congress to be part of its fi ...Read More >
Indian REITs Association (IRA) has joined Global REIT Alliance -- an international coalition to promote Real Estate Investment Trust (REIT). The Global REIT Alliance was officially launched recently at the European Public Real Estate Association's (EPRA) 2025 ReThink conference in Stockholm, Sweden. The alliance brings together 24 countries and regions to create a unified voice for REIT advocacy and a platform for knowledge-sharing and standard-setting. Preeti Chheda, Executive Committee Member of the IRA and CFO of Mindspace Business Parks REIT, said, "This alliance provides a vital platfo ...Read More >