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.
Bengaluru, October 10: A 31-year-old man was found dead under suspicious circumstances in a pub's washroom in Rajarajeshwarinagar of Karnataka's Bengaluru early on Friday, October 10. Police have not yet determined the cause of his death. According to the report, the deceased was a bank manager. A probe has been launched. The deceased was identified as Megharaj, also called Meghanand, news agency PTI reported. Megharaj lived on Ullal Main Road and was originally from Maddur in Mandya district, said a media report. He worked as a manager at Jana Small Finance Bank and is survived by his wife and their six-month-old baby. Bengaluru Shocker: Disappointed Over 'Cheating' by Her Paramour, Woman Dies by Suicide in Karnataka. The report said that Megharaj went to the 1522 Pub with three friends on Thursday night, October 9. They drank beer and had dinner. The pub stopped serving drinks at midnight, and the group paid their bill. At about 12:45 am, Megharaj felt sick and told his friends. He rushed to the washroom. According to the Times of India, however, he entered the ladies' washroom and locked the door from inside. His friends, who had stepped outside, waited for him but could not find him after some time. They alerted the pub staff. Checking CCTV video footage, the staff saw Megharaj enter the ladies' washroom. They broke the door open and found him unconscious inside. Bengaluru Shocker: Class 7 Student Dies by Suicide After Binge-Watching Popular Japanese Web Series 'Death Note' in Karnataka's CK Achukattu, Probe On. He was then taken to a nearby private hospital, where doctors declared him dead on arrival. The body was sent for a post-mortem, and samples were collected for forensic tests. The police registered a case of unnatural death after Megharaj's brother, Vinay, filed a complaint. The investigation is ongoing.
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA) at locat ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM branch. Police said she had been pilfering from more than 110 accounts belonging to 41 customers for around two and a half years. She allegedly invested these amounts in the stock market and lost a large chunk of it, they sa ...Read More >
Jaipur, Dec 3 (PTI) A student of a government college allegedly committed suicide by jumping from the rooftop of the college building in Rajasthan's Sirohi district, police said on Tuesday. According to police, Rahul Garasiya, a second-year MMBS student at BR Ambedkar Medical College, was allegedly upset about not performing well in his exam, which was held on Monday. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Singh Badal by Akal Takht in 2015 Sacrilege Case?. On late Monday when Garasiya was studying with his fellow students on the third floor of the building, he ...Read More >
New Delhi, Dec 4 (PTI) Axis Securities on Wednesday settled a case involving front-running trades by Vikrant Bhimrao Kadam, who worked as its dealer, and his friend, after paying Rs 14.62 lakh towards settlement amount to Sebi. It was alleged that as a stock broker, Axis Securities failed to exercise appropriate due diligence in the matter in its dealer and branch manager compliance policy. Also Read | Latest Government Jobs Notifications: Apply for 98 Court Officer, Assistant and Other Posts of NCLT Recruitment 2024; Know Salary and Other Details Here. The order came after Axis Securities ...Read More >
Mumbai: The death toll in Monday's BEST bus crash rose to seven and the number of injured to 42 even as the driver, Sanjay More, booked for culpable homicide not amounting to murder, claimed he had noticed a spark and mistakenly accelerated the bus instead of applying brakes. Seeking More's custody, police said they want to investigate if he intentionally used the vehicle as a weapon. The bus on Route 332 had accelerated on a congested 200m stretch near Kurla station hitting vehicles and pedestr ...Read More >
A statement issued by the Bijapur police said the incident took place in Somnapalli village under Farsegarh Police Station area of the district. According to the statement, the Maoists dragged 35-year-old Kudiyaam Mado out of his house and strangled him to death. Mado was the district vice president of Bharatiya Janata Kisan Morcha -the farmers' unit of the BJP. Police said that they have also recovered a pamphlet issued by the banned CPI (Maoist)'s Bijapur National Park Area Committee, in whic ...Read More >
Patna: The son of senior Congress leader Shakeel Ahmed Khan was found dead in Patna on Monday, police said. The body of Ayaan Ahmad Khan was found hanging from a ceiling fan at the official residence of his father, the Bihar Congress Legislature Party leader, in Sachiwalaya area here, a senior officer said. Speaking to PTI, Patna Senior Superintendent of Police (SSP) Awkash Kumar said, "Senior officials along with forensic experts have reached the spot and are collecting scientific evidence. The matter is being investigated from all angles." The body has been sent for post-mortem examination, ...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 >
Police officials said the man, from Visakhapatnam, had already paid the principal amount but was being hounded for a huge amount as interest. The man's family has lodged complaints with the police commissioner and the district collector. Hyderabad: Facing relentless harassment after taking a loan of Rs 2,000 from an instant loan app, a 27-year-old died by suicide in Andhra Pradesh's Visakhapatnam just 47 days after he got married. Police officials said Narendra, who catches fish for a living, ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandson ...Read More >
Mangaluru, (Karnataka) Feb 5 (PTI) District in-charge Minister of Dakshina Kannada, Dinesh Gundu Rao, directed officials on Wednesday to install CCTV cameras on both sides of bridges along major highways and main roads to prevent 'illegal' activities. During an inspection of the strengthening work on the Addur Bridge along the Perali-Addur State Highway, Rao highlighted reports of sand mining near bridges weakening their structures. Also Read | Delhi Assembly Elections 2025: National Capital Records 57.89% Voter Turnout; Exit Polls Give BJP Edge Over AAP. He said that although extracting sa ...Read More >
Jaipur, May 26 (SocialNews.XYZ) In yet another tragic incident, a NEET aspirant from Jammu and Kashmir (J&K) died by suicide in Kota, Rajasthan highlighting the ongoing mental health crisis among students preparing for competitive exams in India. The student, identified as Zeeshan, had arrived in Kota just a week ago to prepare for the NEET UG medical entrance exam. The incident occurred in Mahavir Nagar, a locality known for housing students attending coaching institutes. According to police reports, Zeeshan took her life by hanging herself in her room late on Sunday evening. Shockingly, s ...Read More >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...Read More >
There were no external injuries on the body. New Delhi: A student has been found dead in his hostel room at IIT Delhi. The room was locked from the inside and there were no external injuries on his body.. Officials said they received a call at the Kishangarh police station on Wednesday about a student not opening the door of his hostel room despite repeated knocking. When they reached the premier institute, police officials found that the door was locked from the inside, and it was forced open ...Read More >
New Delhi: In a deeply disturbing incident in southwest Delhi, a 12-year-old student died at a private school on Tuesday morning, with police suspecting a seizure as the cause of death. However, the boy's family claims he was beaten by a classmate. Police have secured CCTV footage from the school that shows several boys fighting after assembly. The boy, identified as Prince from Kudumpur Pahari in Vasant Vihar, had been enrolled at Chinmaya Vidyalaya through the Economically Weaker Section (EWS) quota. His family informed him that he had celebrated his 12th birthday on November 3. The school ...Read More >
Bhopal, Dec 10 (VOICE) In a shocking incident, a retired Army jawan allegedly shot his wife dead before ending his own life in Madhya Pradesh's Morena district on Tuesday, police said. The incident occurred during early hours in Vikram Nagar town in Morena. The police team reached the spot and initiated an investigation into the murder and suicide case, which created panic in the locality. The deceased have been identified as Devendra Singh Gurjar (45) and his wife Madhuri Gurjar (43). Devendra's body was found lying in a pool of blood at his home, while his wife succumbed to her bullet wou ...Read More >
New Delhi, Dec 13 (PTI) The Supreme Court on Friday granted conditional future bail to former West Bengal minister Partha Chatterjee in a money laundering case related to the cash-for-job scam. A bench of Justices Surya Kant and Ujjal Bhuyan said that Chatterjee shall be released on February 1, 2025 subject to the trial court framing charges before the winter vacation and examination of vulnerable witnesses by the second and third week of January 2025. Also Read | Atul Subhash Suicide Case: Wife Nikita Singhania Absconds, Karnataka Police Arrest Her Mother, Brother From Uttar Pradesh's Jaunp ...Read More >
Kolkata: Probing the murder and rape of the class VIII student in New Town, cops have found that accused Soumitra Roy (22) is an undertrial accused in a four-year-old dowry death case at his hometown in Nadia's Dhantala. He was accused of torturing and killing his former wife for dowry. Cops said in a case dated Aug 2, 2021, Roy was arrested by officers of Dhantala PS. "He got bail in 2022 and then left Nadia with his family and remarried 13 months ago. He still has to appear in a Nadia court in connection with the case on a regular basis," an officer said. TOI on Monday quoted his wife Mous ...Read More >
Lucknow: The accused in the Alambagh two and a half year old girl rape case was killed in an encounter with the police on Thursday night. The police first caught the accused during a check near the ACP Cantt office, but he allegedly started running and opened fire on the police. In the retaliatory firing opened by the police, the accused got injured and succumbed after some time. Deputy Commissioner of Police (Central) Ashish Srivastava said that the name of the deceased accused is Deepak Verma, who hails from Aishbagh. He used to take out tableaux during Mata Rani's Jagran and supply water t ...Read More >
Gurgaon: A chemist and a lab operator have been arrested for allegedly selling medical termination of pregnancy (MTP) kits illegally. Two separate FIRs were lodged against the accused at Sector 10 and Sector 9A police stations, police said on Friday.The pharmacy was sealed and medical officials have initiated proceedings to cancel its licence. District drugs control officer Suresh Verma said the department received information about illegal sales of MTP kits - also called abortion kits - from Juneja Chemist, located near Civil Hospital. A pregnant woman, who was deployed as a decoy customer, v ...Read More >
New Delhi: Congress leader Rahul Gandhi on Saturday hit back at the Election Commission after sources in the poll panel dismissed his allegations of rigging in the 2024 Maharashtra Assembly elections, reported PTI. Gandhi said evasion would not protect the EC's credibility, but telling the truth would. In an article titled "Match-fixing Maharashtra", published in an English daily, the Leader of Opposition in the Lok Sabha alleged large-scale manipulation in the Maharashtra polls and claimed that similar tactics would be used in Bihar and other states where the BJP fears defeat. Reacting to t ...Read More >
Kanpur, December 2: In a gruesome incident in Kanpur's Chakeri area, a man allegedly killed his wife and mother-in-law with a cleaver over suspected infidelity. The crime took place in Friends Colony, sparking shock and outrage among residents. Alerted by neighbours, police rushed to the scene and found the bodies of the two women when the accused opened the door. Police, along with forensic experts and a canine squad, secured the crime scene. Joseph Peter, a resident of Friends Colony, had long been embroiled in conflicts with his wife due to suspicions of infidelity. On Sunday evening, a he ...Read More >
The agitators demanded strict punishment for those who insulted the statue. Violent protests took place for the second day in central Maharashtra's Parbhani city on Wednesday over alleged vandalising of a replica of the Indian Constitution, police said. Amid the bandh called by some organisations, a mob indulged in arson and police fired teargas shells in response, a senior official told PTI. How did the protest begin? An unidentified person on Tuesday damaged a replica of the Constitution he ...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 >
A 55-year-old man, who was among the several persons injured in the BEST bus accident in Kurla area here, died on Monday morning, taking the death toll to eight, a civic official said. The electric bus, hired by the civic-run Brihanmumbai Electric Supply and Transport (BEST) undertaking on wet-lease basis, ploughed into a crowd and fatally knocked down seven persons and injured 42 others on a crowded road in Kurla area on December 9. Several vehicles were also damaged in the incident. One of t ...Read More >
New Delhi, Jan 2 (PTI) The initial public offer of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday. The Rs 260-crore initial share sale received bids for 1,92,75,49,293 shares against 84,70,000 shares on offer, according to NSE data. The portion for non-institutional investors fetched a mammoth 501.65 times subscription. The quota for Qualified Institutional Buyers (QIBs) received 242.40 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 101.64 times. The IPO of Indo Farm Equipment got subsc ...Read More >
Lucknow, Jun 5 (PTI) A three year old girl was allegedly raped and is said to be in a critical condition, police here said on Thursday. According to police, the incident occurred on late Wednesday night when the girl, daughter of daily wage labourers, was sleeping under a metro station. The accused took the girl away while her parents were sleeping and raped her at a secluded place, police said. Following the report, senior officials, including the Deputy Commissioner of Police (Central) Ashish Kumar Srivastav inspected the crime scene on Wednesday night itself. The girl was rushed to a hos ...Read More >
Mhow, Jun 7 (PTI) In a disturbing incident, a stray dog was seen clutching a dead newborn in its jaws near the toilet of a government hospital in Madhya Pradesh's Indore district on Saturday before a security guard managed to retrieve the body after shooing away the animal. Authorities at the civil hospital in Mhow, some 25 kilometres from the district headquarters, and police have begun a probe into the antecedents of the newborn and the chain of events that followed. "As per CCTV footage, the incident happened between 1:30 and 2am. A young girl was seen going into the toilet during this pe ...Read More >
A young girl from Assam was allegedly killed by her Bengaluru boyfriend. She went to a service apartment in Bengaluru along with her boyfriend on Saturday. Three days later, the police recovered her dead body from the same apartment. According to the police, her boyfriend is suspected as the main accused in the murder. On November 23, Maya Gogoi and her lover Aarav Harni reserved a service apartment, where her decomposed body was discovered. According to the police, Harni killed Gogoi with a knife on Monday, spent a full day with the body, and then left the leased apartment in the Indiranag ...Read More >
The crane that crushed the elderly women to death (left), the deceased women (right) | F In a tragic incident, a 65-year-old woman was crushed to death by the alleged negligence of a crane operator in Bhayandar (east) on Wednesday evening. According to the police, the incident was reported near the Family Care Hospital located in the Indralok area of Bhayandar (east) at around 5:30 pm. The identity of the deceased was yet to be ascertained as her son who works in Mumbai was yet to return to Bhayandar, said the police. However, prima facie investigations revealed that she worked as a clerk an ...Read More >