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: The median pay for engineering and data professionals in India fell by 40% to $22,000 in 2025 from $36,000 in 2024, a report by payroll and compliance platform Deel and equity management platform Carta showed. In contrast, median compensation for similar roles in the US rose to $150,000 from $122,000 during the same period. Product and design roles in India also saw a decline, with median salaries decreasing to $23,000 compared to $138,000 in the US. Gender pay gaps remain starker in tech and product roles compared to sales positions, where some improvements have been observed. The largest gaps are observed in Canada, France, and the US. India stands out for having one of the smallest gender gaps globally, with median salaries for men and women nearly equal, both ranging between $13,000 and $23,000, depending on role and function. In the sales portfolio, India achieved gender parity, with both males and females earning $12,000. However, in product and design roles, the median male salary was $23,000 compared to $18,000 for females. Similarly, the median salary for men in data roles was $18,000, while for women it was $13,000. Deel has over 1 million contracts and 35,000 customers across more than 150 countries. Equity data comes from thousands of Carta total compensation customers, with over 900,000 current salary and equity data points used by CTC. Only companies with a valuation of at least $300 million were included in the global comparisons. The report showed that total compensation for top technical talent is rising globally, driven by growing equity-based pay. Data from Carta shows that median equity grants for engineers - as a share of company ownership - steadily increased between 2021 and 2025, with the fastest gains in emerging markets like Brazil and India. The trend underscores a global shift toward equity-heavy compensation models.
Nagpur: The 11th batch of the flagship MBA programme (2025-27) and the 5th batch of the PhD regular programme (2025-29) of IIM Nagpur was inducted at its MIHAN campus on Sunday. IIM Nagpur welcomed a diverse cohort of newly inducted students.Of the 323 MBA students enrolled, 100 are females and 223 males, representing 23 states and Union Territories, from Nagaland, Ladakh, Jammu & Kashmir to Kerala, Tamil Nadu, Maharashtra, UP, Delhi, and Bihar. Last year, the institute's intake was stretched up to 360 first-year admissions, marking a six-fold rise since it started operations with 60 students ...Read More >
MUMBAI, July 15 (Reuters) - Citibank India expects a strong year for its equity capital market business as initial public offerings (IPOs) pick up after a slow start in 2025, the Wall Street bank's India country head said. "Capital raising on the equity capital market side remains a big opportunity with a very strong pipeline and quite a few billion-dollar IPOs in that," K Balasubramanian, who leads the business in the Indian subcontinent, said in an interview in Mumbai late on Monday. Citibank ...Read More >
PNNJamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise ₹1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025.The company's decision to go public underscores its ambition to scale operations and meet the rising demand for its specialized metal products. The funds gene ...Read More >
Bhubaneswar: Following the self-immolation of a college student in Balasore, the school and mass education department on Thursday issued a directive to all district education officers (DEO)s to strictly implement measures ensuring the safety of women employees at workplaces and to create a secure environment for students in schools.The department instructed that helpline numbers related to women's safety be prominently displayed in all schools, hostels, and govt offices. These include the women helpline - 181, child helpline - 1098, police emergency response - 112, and school student helpline ...Read More >
Shimla (Himachal Pradesh) [India], April 9 (ANI): Voices from across Himachal Pradesh have welcomed the proposed Women's Reservation Bill, expressing strong optimism that it will mark a turning point in empowering women and strengthening democratic participation. Member of the Himachal Pradesh Public Service Commission, Mamta Mokta, said the bill would provide women a crucial platform to raise their voices effectively in Parliament and legislative assemblies. She emphasised that women are "capable, aware and self-reliant", and their participation in policymaking is essential not only for gend ...Read More >
New Delhi, June 27 (SocialNews.XYZ) Showcasing resilient economy amid robust policies, the collective brand value of the top 100 Indian companies reached $236.5 billion in 2025 to date, according to a new report. The 'Brand Finance India 100 2025' ranking results remain stable, reflecting a year of steady gains for major Indian brands across sectors. Tata Group has once again secured its position as India's most valuable brand ranked by becoming the first Indian brand to cross the $30 billion threshold. Its brand value is up 10 per cent to $31.6 billion. As the second most valuable Indian b ...Read More >
Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. Citing a data from the General Insurance Council (GIC), ManipalCigna said it ...Read More >
The International Finance Corporation (IFC) is investing $20 million in Transvolt Mobility, marking its first equity investment in an electric vehicle fleet platform. This investment aims to help Transvolt expand its fleet to 3,500 vehicles, creating 8,200 jobs over the next five years. It also supports India's clean mobility goals by deploying heavy commercial EVs across various sectors. International Finance Corporation (IFC) will provide $20 million equity investment in Transvolt Mobility, ma ...Read More >
Investing.com -- Morgan Stanley said investors may be underestimating the strength of India's growth cycle, saying that the country's earnings and equity market peak lie ahead and that structural shifts will support higher valuations. Population growth, policy-driven macro stability, better infrastructure, a rising entrepreneurial class and improving social outcomes are long-term drivers that could help India increase its share of global output in the coming decades. That trajectory implies India will become one of the world's most sought-after consumer markets, undergo a major energy transi ...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 >
New Delhi: Motilal Oswal Mutual Fund on Monday bought shares of forging and precision engineering firm Bharat Forge worth nearly Rs 378 crore through an open market transaction.According to the bulk deal available on the NSE, Motilal Oswal Mutual Fund (MF) purchased nearly 32 lakh equity shares, or 0.65 per cent stake, in Pune-based Bharat Forge. The shares were acquired at an average price of Rs 1,217.32 apiece, taking the transaction value to Rs 377.73 crore.Details of the sellers of Bharat Forge's shares could not be ascertained on the National Stock Exchange (NSE).Shares of Bharat Forge r ...Read More >
New Delhi [India], July 2 (ANI): India stock benchmarks continued to remain in the red after the latest rally, in what analysts attribute it as profit booking by investors. Besides, analysts opine uncertainties around extension in Trump reciprocal tariffs beyond July 9, and a India-US bilateral trade agreement weighed on the Indian stock indices this week. Today, the benchmark indices witnessed profit booking at higher levels, said Shrikant Chouhan, Head Equity Research, Kotak Securities The Nifty ended 88 points lower, while the Sensex closed 288 points lower. Among sectors, Metal index o ...Read More >
New Delhi [India], July 7 (ANI): India is expected to see strong demand for office spaces in 2025, with Global Capacity Centres (GCCs) projected to absorb 35-40 per cent of the total office space during the year, according to a recent report by CBRE. The report highlighted that India is steadily strengthening its role as a global hub for GCCs. International companies are increasingly turning to India to set up advanced, multi-functional centres due to the country's vast talent pool and cost advantages. These centres are not only expanding but also becoming more sophisticated in terms of the ...Read More >
Nizamabad: Residents along the Nizamabad and Rajanna Sircilla district border are on edge after repeated sightings of a tiger, identified by its pugmarks as "S12." The forest department has stepped up efforts to track the animal's movements, deploying additional camera traps deep inside the reserve forests. On Thursday, a calf was found dead in Pakala village of Sirikonda mandal, prompting fears of another tiger attack. However, following an onsite inspection, district forest officer B. Nikitha and divisional forest officers Bhavani Shanker and Ramakrishna confirmed the kill was made by a leo ...Read More >
Mumbai, June 29 (SocialNews.XYZ) The foreign institutional investors' (FIIs) buying, through the exchange and primary market and others category, stood at Rs 8,915 crore this month (till June 27), analysts said on Sunday. Ceasefire between Israel and Iran and the sharp decline in crude triggered a risk-on in global equity markets. Along with this favourable investment scenario, dollar continued to decline and the dollar index dipped to sub-97 level. "Declining dollar is always a positive for emerging market equity; this encouraged FIIs to buy in India," said Dr. VK Vijayakumar, Chief Investm ...Read More >
New Delhi, Jul 9: Prime Minister Narendra Modi was conferred with Brazil's highest national award, The Grand Collar of the National Order of the Southern Cross, by Brazilian President Luiz Inácio Lula da Silva. The prestigious honour, reserved for heads of state and government, marks a deepening of the nearly eight-decade-old friendship between the two major democracies. Accepting the award during his state visit to Brazil, Prime Minister Modi expressed deep gratitude to the Brazilian President, government, and people. He dedicated the honour to the 1.4 billion citizens of India and described ...Read More >
Air India is seeking over a billion dollars in financial aid from its owners, Singapore Airlines and Tata Sons. This comes after a tragic crash earlier this year. The airline needs funds to upgrade its systems and services. It also plans to develop its own engineering and maintenance capabilities. Air India is seeking at least 100 billion rupees ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons, Bloomberg News reported on Thursday, citing people familiar with the ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) India's industrial and warehousing market remained resilient in 2025, with cumulative demand across the top eight markets reaching 26.5 million square feet in the first nine months of the year, reflecting an 11 per cent year‑on‑year increase, a report said on Tuesday. The report from Colliers said that annual demand could reach 30--40 million sq ft, with new supply likely to remain elevated at 35-40 million sq ft in 2025. Third‑party logistics (3PL) players continued to dominate leasing activity, accounting for nearly one‑third of warehousing demand, while ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Global Capability Centres (GCCs) are likely to account for 35-40 per cent of total office demand in 2025, and they made up more than 55 per cent of large office deals in the first nine months of CY25, a report said on Wednesday. The report from CBRE South Asia Private Limited said that resilient demand fundamentals underpinned another record year for office leasing, with gross leasing expected to surpass 80 million sq. ft. in 2025. Around 60 million sq. ft. of gross leasing was recorded between January and September -- the highest first‑nine‑month total on ...Read More >
The Telangana State Council of Higher Education (TSCHE) on Saturday released the mock allotment results for TG EAMCET 2025 engineering admissions, giving students a crucial insight into potential final seat allocations. The mock allotment is now live on the official counselling portal tgeapcet.nic.in, allowing candidates to review their provisional allotments and modify their choices before the final seat allocation. A total of 94,059 candidates participated in the first-phase web-based counselling, but only 77,154 students received mock allotments, leaving 5,900 seats vacant across 172 engi ...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 >
Bhubaneswar: CM Mohan Charan Majhi on Saturday announced a new initiative, "Shaktishree", a comprehensive programme aimed at ensuring the safety and security of girl students across higher educational institutions in Odisha. This announcement comes amid political uproar over the self-immolation of a college student in Balasore after she failed to get justice over alleged sexual harassment.The initiative will be implemented in all 16 state-run universities and 730 govt-run and govt-aided colleges. ...Read More >
New Delhi [India], July 7 (ANI): India is expected to see strong demand for office spaces in 2025, with Global Capacity Centres (GCCs) projected to absorb 35-40 per cent of the total office space during the year, according to a recent report by CBRE. The report highlighted that India is steadily strengthening its role as a global hub for GCCs. International companies are increasingly turning to India to set up advanced, multi-functional centres due to the country's vast talent pool and cost advantages. These centres are not only expanding but also becoming more sophisticated in terms of the ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
A recent letter from a senior Indian Army general has sparked controversy, highlighting several concerns regarding women officers commanding army units in the sensitive eastern sector. The five-page letter, written by Lieutenant General Rajeev Puri, Corps Commander, to Eastern Army Commander Lieutenant General Ram Chander Tiwari, addresses various issues reportedly plaguing the leadership of women officers in operational units. These issues range from officer management and a sense of entitlement to lack of empathy, over-ambition, and complaints about command styles. The letter, dated October ...Read More >
Bhubaneswar: CM Mohan Charan Majhi on Saturday announced a new initiative, "Shaktishree", a comprehensive programme aimed at ensuring the safety and security of girl students across higher educational institutions in Odisha. This announcement comes amid political uproar over the self-immolation of a college student in Balasore after she failed to get justice over alleged sexual harassment.The initiative will be implemented in all 16 state-run universities and 730 govt-run and govt-aided colleges. It introduces eight key measures, including establishment of Shaktishree Empowerment Cells, the la ...Read More >
Chennai: India is set to hold the Presidency of the 18th BRICS summit to be held in New Delhi in 2026. The dates are yet to be announced. The theme of the India summit is "Building Resilience and Innovation for Cooperation and Sustainability." Commenting on the upcoming BRICS summit, Prime Minister Narendra Modi said, "Under India's BRICS presidency, we will work to define BRICS in a new form. BRICS will mean Building Resilience and Innovation for Cooperation and Sustainability." Brazil, Russia, India, China, and South Africa (BRICS) is a global organization that originally comprised five co ...Read More >
Ahmedabad -- Senores Pharmaceuticals Limited today announced that it has entered into a definitive agreement to acquire 100% equity stake in Apnar Pharma Private Limited ("Apnar Pharma"), along with the acquisition of five Abbreviated New Drug Applications (ANDAs), marking a significant milestone in Senores' growth strategy across regulated pharmaceutical markets. Apnar Pharma, incorporated on December 12, 2014, is a privately held pharmaceutical company engaged in the licensing, development, and manufacturing of generic formulations for regulated markets including the United States, the Unit ...Read More >
BHUBANESWAR: The School and Mass Education department on Thursday asked all schools to ensure compliance with The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, and promote positive gender attitude among children and teachers. Commissioner-cum-secretary of School and Mass Education department Shalini Pandit directed all district education officers to review implementation of the Act in schools, along with timely constitution and re-constitution of the internal complaints committee in all the eligible schools (employing 10 or more persons). Stating ...Read More >
PUNE, India, April 8, 2026 /PRNewswire/ -- Celebrating two decades of empowering future engineers, Cummins in India, a leading integrated power solutions provider, today marked the 20th anniversary of its flagship Nurturing Brilliance program by inducting a new cohort of 520 scholars. This initiative is being implemented through Cummins India Foundation, which provides scholarships and mentorship opportunities to students from the lesser privileged backgrounds, to pursue diploma and degree in engineering and build future-ready careers. The 2025-26 scholars were felicitated by Shveta Arya, Mana ...Read More >