Abtak Logo

Business News

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.

BusinessSep 29, 2025 05:17 PM

India News | Karur Stampede Row: Nirmala Sitharaman Advocates for SOP to Manage Large Public Gatherings | LatestLY

Karur (Tamil Nadu) [India], September 29 (ANI): Union Finance Minister Nirmala Sitharaman on Monday expressed deep shock over the unfortunate Karur stampede incident that has claimed the lives of 41 people, and advocated for a standard operating procedure (SOP) to effectively manage large public gatherings to deter such incidents. "There's no bad time for setting proper SOP for public matters, particularly where there will be huge public assemblies. We are probably too late. We should have a better way of public gathering management, not just in one state, but the entire country," Sitharaman said while addressing a press conference here. Also Read | Is PM Narendra Modi Offering 3 Months of Free Mobile Recharge to All Indians? PIB Fact Check Debunks Fake WhatsApp Forward. Labelling the stampede incident as "shocking", the Union Finance Minister informed that she and Union Minister of State (MoS) L. Murugan were visiting Karur at the advice of Prime Minister Narendra Modi, who had tasked them to see the victim families to console them for their loss. She said that the public didn't have access to food and water during the rally. "Many said there was no water or food given in the meeting. Waited for a long time." Also Read | Karur Stampede: Tamil Nadu Government Appoints Premanandan As New Investigating Officer To Lead Probe Into Vijay's Rally Tragedy. "Karur incident is shocking. The injured were taken to the hospital. The PM called me and L Murugan and advised us both to meet all the families who lost their loved ones in the stampede and inquire about the health of those admitted to the hospital. As per the PM's advice, we came to Karur. The collector showed the stampede spot. We met some of the family members of those who lost their lives. I couldn't even talk or console the family members," Sitharaman said. She further stated that most of the victims, who were injured and killed in the stampede that occurred during Tamilaga Vettri Kazhagam (TVK) chief and actor Vijay's public rally, are from poor families. The Union Minister said that she will apprise PM Modi and Union Home Minister Amit Shah about her visit. "Most of them are from poor families. I convey the message of the PM to the family members and the injured. I will tell about my visit to the PM and Home Minister after my return. Through social media, the Prime Minister and the Home Minister expressed their condolences," Sitharaman said. When asked about a Central Bureau of Investigation (CBI) probe into the stampede incident, she said, "Whether to say, what is fit or not fit for CBI enquiry is not my job." Speaking about the compensation announced by PM Modi, Sitharaman said that she will ensure that the money is transferred directly into the bank accounts of the victims' families. "This is what our PM advised, and we have asked for the account numbers of the injured and the family members of the deceased. I will monitor myself and make sure the money announced by the PM is given," she added. Prime Minister Modi earlier announced that the families of the 39 people who died in the Karur stampede would receive two lakh rupees each from the Prime Minister's National Relief Fund. PM Modi also announced an amount of Rs 50,000 each for the people injured in the tragic incident. The death toll in the Karur stampede incident has risen to 41, after a woman undergoing treatment at a hospital succumbed to her injuries. The stampede occurred at TVK chief Vijay's campaign rally in Karur. Suguna, 65, a resident of Karur district who had been on ventilator support in the intensive care unit, passed away after failing to respond to treatment. Among the deceased are 18 women, 13 men, five young girls, and five young boys, bringing the total to 41. So far, 34 victims are from the Karur district, two each from the Erode, Tiruppur, and Dindigul districts, and one from the Salem district. The massive crowd at Vijay's rally on Saturday evening reportedly turned chaotic, triggering panic among the crowd. As several attendees fainted, they were rushed to nearby hospitals. Sources said that overcrowding at the venue led to the tragedy. As this happened, Vijay announced that he would provide financial assistance of Rs 20 lakh to the bereaved families and Rs 2 lakh to the injured in the unfortunate stampede that took place in Tamil Nadu's Karur during his rally. (ANI)

Comments

Similar News

40
2
5
BusinessNov 26, 2024 12:23 PM

Youth unemployment rates in India lower than global levels: Govt

nion Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global levels. The minister cited a report by the International Labour Organisation's (ILO) Institute for Human Development (IHD) which states that the worldwide youth unemployment rate was 15.6 per cent in 2021. Further, as per World Employment and Social Outlook Trends, 2024 by ILO, globally, in 2023, the youth unemployment rate was 13.3 per cent. On the other hand, the latest annual Periodic Labour Force Survey (PLFS ...Read More >

38
BusinessNov 26, 2024 01:55 PM

Small-cap stock Krystal Integrated jumps 5% on receiving ₹106 crore order from BMC | Stock Market News

Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >

31
1
BusinessNov 26, 2024 08:45 PM

CM Naidu Proposes Deep-Tech Centre in Amaravati

Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secretariat. The Chief Minister announced that the state government will provide Rs 25 lakh as seed fundin ...Read More >

28
PoliticsNov 27, 2024 12:24 PM

JKRTC flags major concerns over bus entry ban in Srinagar

Srinagar, Nov 27 (UNI) Jammu and Kashmir's Road Transport Corporation (RTC), a crucial backbone of public transportation, has raised serious concerns over the barring of its buses from entering Srinagar city limits. The move has triggered alarm within the Corporation, with officials cautioning about significant disruptions to public transport services and daily commutes, alongside substantial financial losses for the RTC. The restriction, in effect since November 4 when the maiden session of the Assembly commenced, is causing a daily revenue loss of Rs. 4 lakh to the Corporation. In a lette ...Read More >

24
PoliticsNov 27, 2024 12:22 PM

India News | Something 'fishy' in the Election Results,' Congress MP Ranjeet Ranjan Demands Ballot Paper Use in Election | LatestLY

Congress MP Ranjeet Ranjan has called for the replacement of Electronic Voting Machines (EVMs) with ballot papers, citing concerns over the legitimacy of election results. Ranjan raised doubts about the EVM's accuracy, suggesting that the results may be influenced and advocating for a ballot paper system like many other countries. Congress President Mallikarjun Kharge also echoed similar sentiments, accusing EVMs of wasting votes from marginalized communities. This comes after the Congress' defeat in the Maharashtra Assembly election. The Supreme Court, however, dismissed a petition seeking th ...Read More >

22
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 >

26
BusinessNov 26, 2024 08:48 PM

Mahindra BE 6e Launched At Rs 18.9 Lakh, Gets Modern Styling, Premium Features And Big Batteries With Plenty Of Range - ZigWheels

The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its futuristic design, a wealth of modern features, and an impressive power output - the highest in its fa ...Read More >

32
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 >

37
BusinessNov 26, 2024 02:41 PM

Union Minister Shri Shivraj Singh Chouhan launches Nayi Chetna 3.0 - National Campaign Against Gender-Based Violence in New Delhi

Union Minister of Rural Development and Agriculture & Farmers' Welfare Shri Shivraj Singh Chouhan launched the third edition of Nayi Chetna - Pahal Badlaav Ki, a national campaign against gender-based violence, at Rang Bhawan Auditorium, New Delhi yesterday. Delivering his address, Shri Chouhan stated that the Government has taken a slew of initiatives for women's economic and social development. He stressed that gender-based violence is not an issue that persists in rural areas, but in urban areas as well. He said with the presence of Union Minister of Women and Child Development Smt. Annpurn ...Read More >

23
BusinessNov 27, 2024 09:21 PM

Gold Chain Robbery: Couple Arrested in Ghaziabad After Snatching to Repay Bank Loan | Noida News - Times of India

Ghaziabad: The police arrested a couple on Wednesday for robbing a pedestrian in Crossings Republik on Nov 15. Wave City ACP Lipi Nagayach said unknown individuals on a scooter snatched a woman's gold chain near Ajnara market in the Crossings Republik area on Nov 15. Once the woman filed a complaint, a case was registered under section 304 (snatching) of BNS, and police teams were formed to probe the incident. "With the help of CCTV footage, manual input, surveillance, and a tip-off, Vivek Pandey (29) and his wife Kirti Sharma (28) were nabbed from Chitrawan society in the Crossings Republik ...Read More >

26
BusinessNov 28, 2024 10:58 AM

Mumbai: 57-Year-Old Amboli Resident Duped Of ₹1.59 Crore By Fake HDFC Official In Policy Scam

Mumbai: A resident of Amboli, Andheri, was duped of Rs 1.59 crore on the pretext of "lapsing HDFC policy" by a person posing as an official of the finance department (Integrated Grievance Management System). About The Case The complainant, Sudip Kumar Ghosh, 57, received a message on WhatsApp from someone named Rajiv Sharma, the purported finance department official, who said that the former's policy was lapsing soon. Sharma claimed that if the premium and penalty were not paid, Ghosh would lose Rs 3 crore in policy benefits. Acting on his instructions, Ghosh transferred Rs 1.59 crore under ...Read More >

32
BusinessNov 26, 2024 01:29 PM

Aadhaar card free update deadline nears: Step-by-step guide to make changes

With the deadline for free Aadhaar updates approaching on December 14, 2024, the UIDAI is urging those who received their cards over 10 years ago to update their details. However, updating is recommended, it is not mandatory. To prevent fake identities, Aadhaar assigns a unique number to each person, linked to their biometric data, making duplication impossible. Although updating is optional, it helps improve services, ensures accurate authentication and simplifies daily life. Aadhaar is a vital identification document for every Indian citizen due to its reliability, legal compliance, and ea ...Read More >

20
BusinessTechnologyNov 26, 2024 01:54 PM

Infosys hands out 85% average performance bonus fuelled by uptick in business

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 >

34
PoliticsNov 28, 2024 08:29 PM

DGP conference begins Friday; internal security, J-K, Khalistan issue to be discussed

New Delhi: The annual all-India conference of directors general of police and inspectors general of police will begin in Bhubaneswar on Friday where issues related to internal security, Jammu and Kashmir, and pro-Khalistan elements, among others are likely to be discussed, officials said. Prime Minister Narendra Modi, Union Home Minister Amit Shah and National Security Adviser (NSA) Ajit Doval, among others will attend the three-day conference where cyber crimes, challenges posed by AI tools and threats emanating from drones are also expected to be discussed. About 250 officers of DGP and IGP ...Read More >

25
BusinessNov 28, 2024 08:28 PM

Indian has called on Bangladesh to ensure safety of Hindus, MoS Kirti Vardhan Singh tells Parliament

New Delhi [India], November 28 (ANI): India has expressed its concern over the escalating incidents of violence against Hindu minorities in Bangladesh and desecration, and damage to their places of worship, and has also called on the interim government there to ensure the safety of minorities. In a response to question asked by RJD MP AD Singh, Minister of State for Ministry of External Affairs, Kirit Vardhan Singh in a written reply to Rajya Sabha, stated that the "primary responsibility" for the protection of life and liberty of all citizens of Bangladesh, including minorities, "rests with ...Read More >

27
BusinessNov 27, 2024 01:40 PM

Railway line expansion will benefit citizens in MP

Chief Minister Mohan Yadav has expressed his gratitude to Prime Minister Modi and the Union Cabinet for approving 3 multitracking projects of the Railway Ministry worth Rs 7 thousand 927 crore. Chief Minister Yadav said that the state is making rapid progress under the able leadership of Prime Minister Modi, due to the increasing network of railways in the state, and transportation for the people of the state has also become fast and easier. The people of the state are grateful to Prime Minister Narendra Modi and Railway Minister Ashwini Vaishnaw for the continuous new developments and contri ...Read More >

18
HealthNov 28, 2024 01:31 PM

Andhra woman dies after wrong blood group transfused in the body

In a clear case of medical negligence, a 34-year-old woman died after doctors transferred the wrong blood type at Kakinada Government General Hospital, Andhra Pradesh. On Tuesday, November 26, the deceased, Bhavana Sirisha, was given AB+ blood group instead of O+. A house surgeon mistakenly transferred the wrong blood type. Sirisha, a resident of Palakollu in West Godavari district, was suffering from kidney ailments for the last four years and was admitted to the hospital for treatment. Doctors had advised a blood transfusion with 'O positive' group blood due to low hemoglobin levels. The ...Read More >

23
BusinessNov 28, 2024 08:27 PM

Hyundai Tucson gets 5-star safety rating on the Bharat NCAP crash test

The Hyundai Tucson has received 5-star rating on the Bharat NCAP crash test and has become the first Hyundai SUV to do so. The most premium SUV offered by the South Korean manufacturer joins the Mahindra and Tata SUVs in the list of 5 star SUVs offered in India. The Hyundai Tucson scores 30.84 out of 32 in the adult occupant protection. It has scored 41 out of 49 in the child occupant protection. It received OK in the side pole impact test. The model of Hyundai Tucson that was tested by the Bharat NCAP was the top-spec 2.0-litre petrol-AT Signature variant. The particular variant gets six air ...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 >

31
PoliticsNov 18, 2024 05:26 AM

9 persons from Rajouri arrested in Maharashtra with 9 rifles, bullets

JAMMU, Nov 17: Maharashtra police along with Military Intelligence and Army have arrested nine persons hailing from the border district of Rajouri for taking up jobs as security guards in different cities in Maharashtra and carrying weapons with fake licenses. Nine 12-bore rifles and 58 bullets have been recovered from their possession. Follow the Daily Excelsior channel on WhatsApp The arrests were made during a joint operation of Ahilyanagar (formerly Ahmednagar) police in Maharashtra, Southern Command and Military Intelligence on the basis of tip off that some persons from Rajouri distric ...Read More >

15
BusinessNov 26, 2024 02:44 PM

Stock jumps 3% after FPI bought stake worth ₹167 Cr in the company via bulk deal

During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per the latest block deal available with the NSE, foreign portfolio investor Amansa Holdings Private Limi ...Read More >

18
PoliticsNov 26, 2024 08:46 PM

Constitution Day 2024: Government Strengthened Spirit of Constitution Over Last 10 Years, Says PM Narendra Modi (Watch Video) | 📰 LatestLY

New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >

30
PoliticsNov 28, 2024 10:54 AM

'BJP keeps half Maharashtra cabinet, offers Shinde Sena consolation deal'

Shinde accepts BJP's decision, likely to receive key ministries Shinde has agreed to BJP's decision to make a Chief Minister from its ranks. He is expected to be given important portfolios like Urban Development, Public Works Department, and Water Resources. Sources also say that two Deputy Chief Ministers will be appointed, one each from Shiv Sena and NCP. Pawar has told his party leaders that the swearing-in ceremony could take place this weekend. Despite initial resistance, Shinde announced his party's support for Prime Minister Narendra Modi and Home Minister Amit Shah's decision on the ...Read More >

23
BusinessNov 28, 2024 01:30 PM

Incuspaze to raise USD 25 mn to fund expansion plan amid rising demand for flexible office space

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 >

21
PoliticsNov 18, 2024 05:25 AM

PM receives Nigeria's second highest national award

ABUJA, Nov 17: Nigeria on Sunday conferred its second-highest national award - the Grand Commander of the Order of the Niger - on Prime Minister Narendra Modi, making him the second foreign dignitary to receive the distinction. Follow the Daily Excelsior channel on WhatsApp "Honoured to be conferred with the 'Grand Commander of the Order of the Niger' Award by Nigeria. I accept it with great humility and dedicate it to the 140 crore people of India and the friendship of India and Nigeria," Modi said after receiving the award from Nigerian President Bola Ahmed Tinubu. Click here to watch vid ...Read More >

24
OtherNov 18, 2024 05:04 AM

18-yr-old from Chennai leads Team India's Carrom World Cup sweep

CHENNAI: Singles, Doubles, and the Team Championship - the 18-year-old Chennai girl, the daughter of an auto driver from Kasimedu, left nothing for competitors from around the world at the sixth edition of the Carrom World Cup held in the US which Team India swept. The Women's Singles final was a hard-fought contest, where the 18-year-old M Khazima kept her nerves to defeat 12-time national and multiple World Cup winner Rashmi Kumari from Bihar. With this victory, Khazima became the youngest Carrom World Champion. Khazima, whose father Mehaboob Basha is an auto driver from Kasimedu, had been ...Read More >

23
BusinessNov 26, 2024 01:51 PM

Latest News Final Week to Apply for IBSAT 2024, an MBA Entrance Exam in India - Businessfortnight

HYDERABAD, India, Nov. 26, 2024 /PRNewswire/ -- IBSAT 2024, the proctored online aptitude test conducted by The ICFAI Foundation for Higher Education, is MBA aspirants' gateway to premier MBA, PGPM offered at nine ICFAI Business School (IBS) campuses. With applications closing in the third week of December, this is the perfect time for the candidates to secure their future with IBS and explore its Rs. 10 crore scholarship program. IBSAT is designed to reduce the stress on aspirants unlike CAT, XAT as the test does not have negative markings or sectional time limits, allowing candidates to foc ...Read More >

28
SportsNov 26, 2024 01:53 PM

"Happy with the squad": Delhi Capitals management credits strategic preparation for IPL 2025 Mega Auction Success

Delhi Capitals made a strong impression at the IPL 2025 Mega Auction, assembling a well-balanced squad for the upcoming season. Key signings included former South Africa captain Faf du Plessis (Rs 2 crore), India pacer Mukesh Kumar (Rs 8 crore - RTM), and Sri Lankan bowler Dushmantha Chameera (Rs 75 lakh). The team also secured uncapped talents like Donovan Ferreira and Ajay Mandal. Co-owner Parth Jindal hailed the squad as “balanced,” while head coach Hemang Badani expressed confidence in their Indian core. Delhi Capitals’ full squad now includes big names like KL Rahul, Mitchell Starc, and T ...Read More >

27
PoliticsNov 27, 2024 09:13 PM

PM Modi's Odisha visit: 'No-Flying Zone' declared around event venues

Bhubaneswar: Prime Minister Narendra Modi is scheduled to visit Odisha for three days, from November 29 to December 1, to attend the annual Director General of Police (DGP) conference in Bhubaneswar. Union home minister Amit Shah will accompany him at the event, which will be held at the convention hall of Odisha Lok Seva Bhawan (State Secretariat). PM Modi and Shah are expected to arrive in Bhubaneswar on Friday afternoon. Elaborate security arrangements have been made for the high-profile visit, with the city placed on high alert. Areas surrounding the event venues have been declared 'no-f ...Read More >

25
SportsNov 28, 2024 10:49 AM

RCB gave 5500% salary hike to India's rising star, highest-ever in IPL; Pant, Iyer with record bids, not even close

The IPL 2025 auction in Jeddah saw records shattered, with Indian players dominating the headlines. Arshdeep Singh broke Yuvraj Singh's nine-year-old auction record, fetching ₹18 crore, only for Shreyas Iyer to surpass it with ₹26.75 crore. Rishabh Pant became the most expensive player, bought for ₹27 crore by Lucknow Super Giants. However, Jitesh Sharma's IPL salary hike was the talk of the auction, as he secured ₹11 crore, a staggering 5500% increase from his previous ₹20 lakh. Royal Challengers Bengaluru picked him up as a wicketkeeper-batter to replace Dinesh Karthik. Other big earners inc ...Read More >