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.
Hyderabad, Oct 27 (UNI) Amara Raja Energy and Mobility Limited (ARE&M), a comprehensive solutions provider in the energy & mobility space and the makers of Amaron, Powerzone, and Quanta batteries, today announced the appointment of Chandrasekar Radhakrishnan as Chief Business Officer (CBO) - Automotive, for India and SAARC region. He will be responsible for driving the Company's marketing strategy in the region, strengthening brand positioning, and enabling business growth through integrated marketing initiatives, the company said in a release here.
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47-Year-Old Man Dies by Suicide After Failing to Arrange Funds for Son's Engineering College Admission. ...Read More >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and electrification, specifically designed to meet the unique requirements of the Indian market. Hyundai Mo ...Read More >
Ahmedabad, Aug 26 (PTI) A day before US President Donald Trump's additional 25 per cent tariff kicks in, Prime Minister Narendra Modi on Tuesday made a vehement pitch for swadeshi and Make in India that should help create jobs in the country. Swadeshi should be everyone's life mantra and irrespective of who is investing, production must take place domestically, Modi asserted on a day when Japan's Suzuki Motor Corporation committed to invest over Rs 70,000 crore in the country in the next five to six years. The government's 'Make in India' initiative has created a favourable environment for b ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russian oil imports is way less than exaggerated media numbers," brokerage CLSA said in a report. While ...Read More >
PUNE: Maruti Suzuki, India's biggest car exporter, on Monday said it has started exporting its new e-Vitara, Suzuki's first battery electric vehicle, to 12 European countries, marking India's entry into the global electric vehicle market. The exports which started last month reinforcing Maruti Suzuki's position as a global hub for EV manufacturing under the government's 'Make in India, Make for the World' vision. Manufactured at its Hansalpur plant in Gujarat, the automaker shipped 2,900 e-Vitara SUVs in August from Pipavav Port in Gujarat to UK, Germany, Norway, France, Denmark, Switzerland ...Read More >
He will oversee marketing strategy, strengthen brand positioning, and drive business growth through integrated initiatives across markets Amara Raja Energy and Mobility (ARE&M), the makers of Amaron, Powerzone, and Quanta batteries, on Monday announced the appointment of Chandrasekar Radhakrishnan as its Chief Business Officer - Automotive for India and the SAARC region. In his new role, Radhakrishnan will oversee marketing strategy, strengthen brand positioning, and drive business growth throug ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, under the Ministry of Energy, Water and Mines, Republic of Benin. The scope of the contracts cover ...Read More >
Thoothukudi, India. Vietnam's Vinfast on Monday began production at a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to the region. It says the factory will create more than 3,000 local jobs. The Vietnamese company says it scou ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
The long wait is over. Elon Musk-led Tesla has finally made its debut in India-- and that too with a bang. Amid much fanfare at its Mumbai's upscale Bandra Kurla Complex (BKC), Tesla' flagship Model Y has been launched with an on-road price of ₹61.07 lakh. Customers also have the option to upgrade to full self-driving (FSD) capability by paying an additional ₹6 lakh at the time of booking. The Model Y Long Range Rear-Wheel Drive variant is priced at ₹69 lakh. To book a Tesla Model Y, buyer ...Read More >
Bengaluru - VinFast Auto India announced the inauguration of its biggest showroom in India, located in Chennai, Tamil Nadu. The opening marks a significant milestone in VinFast's nationwide retail journey and its growing footprint in India's EV market. This new showroom reinforces the brand's commitment to building a robust, customer-centric electric mobility ecosystem tailored to the needs of Chennai. This outlet is promoted by Maansarovar Motors, a well-established and trusted name in the city's automotive retail landscape. Strategically located in the prominent area of Teynampet, the 4,70 ...Read More >
VMPL New Delhi [India], April 4: Techmagnate, a leading digital marketing agency in India, has entered its 20th year of operations while crossing the 300-employee mark. The milestone reflects the company's long-term presence in the industry and its continued growth alongside a changing digital landscape. Founded in 2006, Techmagnate has completed 19 years in digital marketing and is now stepping into its 20th year. Over this period, the company has evolved from a search-focused agency to a full-service digital partner for enterprise brands. Today, Techmagnate works with clients across secto ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The government on Tuesday urged parents and guardians to update their children's Aadhaar biometrics who have reached age seven. The Unique Identification Authority of India (UIDAI) reiterated the importance of completing the Mandatory Biometric Update (MBU) for children who have attained the age of seven but have not yet updated their biometrics in Aadhaar. UIDAI said it has started sending SMS messages to the mobile numbers registered in the Aadhaar of such children for completing the MBU exercise. This is an existing requirement under Aadhaar, and paren ...Read More >
THOOTHUKUDI, India (AP) -- Vietnam's Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to the region. It says the factory will create more than 3,000 local jobs. The Vietnamese company sa ...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 >
KOLKATA : PromotEdge, a Kolkata-based integrated marketing and branding agency, has been in business for 11 years. This represents ten years of consistent development, increased global reach, and ongoing investments in creating a full-spectrum marketing ecosystem. Since its founding in 2015, PromotEdge has grown from a local creative firm to a full-service marketing partner that works with companies in India and other countries, such as the US, Canada, Australia, and the Middle East. With operational hubs in the US and Canada, the agency continues to expand its global reach as it approaches i ...Read More >
With the electric 2- and 3-wheeler, passenger and commercial vehicle segments registering robust sales and high double-digit YoY growth, highest-ever retail sales in May improve upon April 2025's 169,003 units and set the foundation for a fiscal which promises to achieve the 2-million milestone for the first time. But a spoiler looms ahead in the form of disrupted supplies of rare earth magnets from China, which could hamper production and impact sales later this year. In a significant development for India's automotive sector, the market share of electric passenger vehicles (EVs) surpassed t ...Read More >
The model will be exported to over 100 countries including advanced markets such as Europe and Japan. Prime Minister Narendra Modi on Tuesday flagged off Maruti Suzuki's first global battery electric vehicle (BEV), the e-Vitara, from the company's Hansalpur plant in Gujarat. The model will be exported to over 100 countries, including advanced markets such as Europe and Japan, positioning India as Suzuki's global manufacturing hub for EVs. PM Modi said that the launch marked a milestone in the c ...Read More >
Hyderabad: Kia has launched the electric iteration of the Kia Carens Clavis EV in India. Earlier this year, the South Korean automaker launched the ICE variant of the MPV. Notably, the Kia Carens Clavis EV is the third vehicle added to the brand's electric portfolio, which includes the Kia EV6 and Kia EV9, launched in October last year. It is a seven-seater electric MPV based on the same platform as its ICE counterpart. The eMPV is offered in two battery options: 42 kWh and 51.9 kWh, which will deliver ARAI-certified ranges of 402 km and 490 km, respectively. The EV comes in front-wheel drive ...Read More >
Tura (Meghalaya), Aug 4 (PTI) An official of the Meghalaya Agriculture Department was swept away by strong currents of the Ganol River in West Garo Hills district while attempting to cross the water body during a family picnic, police said on Monday. The missing official, identified as Teseng M Sangma, was posted at Ampati in South West Garo Hills district and resided in staff quarters near Dolampong in Araimile police station area in Tura. Teseng had gone to Sella Wari near Ganol River for a picnic along with his family on Sunday, officials said. The incident took place when he tried to cr ...Read More >
Gurugram : JSW MG Motor India today announced that India's best-selling EV, the MG Windsor, has achieved another remarkable milestone. In July, the company set a new record for Windsor sales, selling 4,308 units in a single month. The carmaker has sold nearly 36,000 units of the MG Windsor since its launch. The robust sales performance has helped the company expand its market share in the EV Segment. In Q2 CY'25, the company recorded a 4% increase in market share, rising to 32% from 28% in Q1 CY'25. During the same period, average sales of MG Windsor grew by 17%. In addition, the company's EV ...Read More >
Ahmedabad: A day before US President Donald Trump's additional 25 percent tariff kicks in, Prime Minister Narendra Modi on Tuesday, August 26, made a vehement pitch for swadeshi and Make in India that should help create jobs in the country. Swadeshi should be everyone's life mantra and irrespective of who is investing, production must take place domestically, Modi asserted on a day when Japan's Suzuki Motor Corporation committed to invest over Rs 70,000 crore in the country in the next five to six years. The government's 'Make in India' initiative has created a favourable environment for bot ...Read More >
New Delhi, Apr 04: realme, the most popular smartphone brand among Indian youth on Saturday announced the official launch of the realme 16 5G, a device crafted for a new generation of young users who express themselves through creativity, portrait photography, and everyday visual storytelling. With its AI-driven dual 50MP portrait cameras, breakthrough selfie innovations, and an ultra-light 7000mAh battery, the realme 16 5G redefines what a mid-range smartphone can offer. With its advanced Dual 50MP Portrait Camera System featuring a 50MP front camera and a Sony IMX852 50MP rear camera, the ...Read More >
Myntra, India's leading fashion e-commerce platform, hosted its much-anticipated annual brand gala, Myntra Tech Threads 2024. The event blended the worlds of fashion and technology like never before. It brought together industry trailblazers, iconic brands, and visionary thinkers to unveil a memorable sneak peek into the future of digital fashion. A celebration of innovation and style, it was truly an experience to remember. The event saw the amalgamation of speakers and performances, which defined the future of fashion. Popular comedians Abish Mathew and Sumukhi Suresh hosted the event and h ...Read More >
Bhopal, July 19 (SocialNews.XYZ) Madhya Pradesh Chief Minister Mohan Yadav's seven-day foreign visits to Dubai and Spain concluded on Saturday, and he is scheduled to return to New Delhi on Sunday, government officials said. Talking to media in Barcelona in Spain on Saturday, Chief Minister Yadav said that his visit has been successful as various memorandums of understanding were signed with investors to increase production, employment opportunity and farmers' income in the state. Speaking at the conclusion of his visit, the Chief Minister highlighted the state's focused efforts on developme ...Read More >
New Delhi, Jul 15 (PTI) Kia India on Tuesday expanded its electric vehicle portfolio in the country with the launch of its first locally produced electric vehicle -- Carens Clavis EV. The automaker will roll out the model from its Anantapur-based manufacturing plant in Andhra Pradesh. Kia already sells two imported electric vehicles -- EV6 and EV9 -- in the country. "Over the years, we have built a strong global EV portfolio and are proud to bring that expertise to India. The Carens Clavis EV represents the next step in this journey," Kia India MD and CEO Gwanggu Lee said. The model is bui ...Read More >
Hyderabad, Sep 12 (UNI) VinFast India - the electric vehicle arm of Vingroup JSC, Vietnam's largest conglomerate and a global leader in affordable EVs, today announced it has forayed into the Telugu states of Andhra Pradesh and Telangana with the launching of its first-ever state-of-the-art showrooms at Begumpet and Gachibowli, in the city. The new facilities, opened in partnership with Nanesh Automotives Pvt. Ltd., mark a significant step in VinFast's mission to accelerate green mobility in India. The brand is introducing its premium electric SUVs, the VF6 and VF7, designed by globally reno ...Read More >
India's first VinFast showroom will display the VF 6 and VF 7 electric SUVs, making it the first market where the company is launching right-hand drive versions of these models. Vietnamese electric vehicle (EV) manufacturer VinFast has opened its second showroom in India, located in Chennai's Teynampet area. This follows the inauguration of its first outlet in Surat a week earlier. As per ANI, the Chennai facility, promoted by Maansarovar Motors, spans 4,700 sq. ft and is the largest among the 3 ...Read More >