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.
Tata Advanced Systems, in partnership with Safran Aircraft Engines, inaugurated a manufacturing facility at the Tata Centre of Excellence for Aero Engines in Adibatla, Hyderabad. The facility will produce complex rotating parts for the CFM LEAP engine, including cutting-edge machining and special processes under one roof. The collaboration was announced in January 2024, when both companies signed a long-term agreement for the production of rotating parts for the LEAP engine, developed by CFM Int
Air India launched a Black Friday Sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. The sale is available through the airline's website and mobile apps. Additional savings are possible with waived convenience fees and specific payment methods. The airline continues offering student and senior citizen discounts.Air India on Friday launched a limited-time Black Friday Sale offering discounts of up to 20 per cent off base fares for domestic flights within India. The Tata-owned airlines will also offer up to 12 per cent off base fares ...Read More >
Mumbai (Maharashtra) [India], December 11 (ANI): The Indian stock markets continue to be in a consolidation phase as both indices opened flat on Wednesday. The Nifty 50 index opened at 24,620.50 points with a surge of 10.45 points or 0.04 per cent, while the BSE Sensex opened at 81,568.39 with a gain of 58.34 points or 0.07 per cent. Also Read | 'Suriya 45': Is Trisha Krishnan the Female Lead in Suriya Sivakumar's Upcoming Film With RJ Balaji? Check Out the Viral Photos. Experts noted that the US Consumer Price Inflation data will be the major event for markets globally. However, the consol ...Read More >
New Delhi [India], July 9 (ANI): At a time when Operation Sindoor against Pakistan is still ongoing, India is looking to fast-track the project for acquiring 87 medium-altitude long-endurance (MALE) drones to further enhance its surveillance capabilities both over sea and land borders. Defence sources told ANI that the project under the Make in India initiative for Indian manufacturers aims to boost the capabilities of the armed forces to keep an eye on enemy activities in areas of Indian interest, from the Pakistan border to the China border, and along the maritime zone. A tri-service propo ...Read More >
NEW DELHI: The launch of Bharat Sanchar Nigam Limited's (BSNL) indigenous 4G network has secured India's future, said a top executive of the state-controlled telecom carrier on Saturday. "The nationwide rollout of our indigenous 4G network, built on the strength of collaboration with TCS (Tata Consultancy Services), Tejas Networks, and C-DoT (Centre for Development of Telematics), is a resounding declaration of an Atmanirbhar Bharat," said Robert J Ravi, CMD, BSNL, in a statement. "The 'Made in Bharat' stack, brought to life by the relentless dedication of team BSNL, secures our digital futu ...Read More >
New Delhi [India], October 2 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Wednesday held discussions with Airbus Chairman Rene Obermann on opportunities in India's aviation sector and the scope of enhancing cooperation with the global aerospace company. In a social media post, the Minister said, "Welcomed the @Airbus Board, led by their Chairman, Mr. Rene Obermann to India. We had an engaging discussion on the tremendous opportunities offered by Bharat and the strong, growing partnership between Airbus and India's aviation sector." Also Read | Mohan Bhagwat Says 'Pahalgam A ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
Mumbai, Sep 12 (PTI) Godrej Enterprises Group's aerospace business on Friday said it has secured a mandate to manufacture critical LEAP engine components for Safran Aircraft Engines as part of a five-year contract. LEAP engines are manufactured by CFM International, a joint venture between GE Aerospace and Safran Aircraft Engines. These engines largely power next-generation narrow-body aircraft. Under the contract, GEG will develop titanium material-based complex ventilation assemblies for LEAP engines, it said, adding the production will involve complex machining, precision welding, and adv ...Read More >
VIJAYAWADA: Chief Minister Nara Chandrababu Naidu has invited global industry leaders to the CII Partnership Summit in Visakhapatnam on Nov 14 and 15. He said, "Andhra Pradesh is endowed with unique advantages, including a long coastline, an investment-friendly atmosphere with pro-industry policies, and a technologically skilled youth force." Speaking as the chief guest at the curtain-raiser of the 30th CII Partnership Summit in Visakhapatnam, in Delhi on Tuesday evening, the CM said he is hosting the summit for the seventh time. Praising Prime Minister Narendra Modi as the right leader at t ...Read More >
New Delhi [India], October 1 (ANI): India's first helicopter Final Assembly Line from the private sector, to be established by Tata Advanced Systems Limited (TASL) to build the Airbus H125 helicopters, will be located in Vemagal in Karnataka. A joint press release added that the move promises to unlock the full potential of the rotorcraft market in South Asia. The 'Made in India' H125 helicopter will help develop new civil and para-public market segments and also meet the Indian armed force's requirement for a light multi-role helicopter, especially on the icy heights of the country's Himala ...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 >
Vijayawada: Chief Minister N Chandrababu Naidu on Monday unveiled his ambitious vision to transform Amaravati into a global capital for quantum technologies. Addressing the Amaravati Quantum Valley Workshop here, Naidu said: "Quantum computing is the need of the hour. By January 1, 2026, the quantum computing centre will be operational in Amaravati. This marks the beginning of the Quantum Valley." The workshop, jointly organised by the AP government, the Department of Science and Technology (Government of India), TCS and L&T, brought together some of the top minds and institutions in quantum ...Read More >
New Delhi, Jul 15 (PTI) The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India. "There are significant global headwinds like the twin shocks of geo-political tensions and trade ...Read More >
New Delhi, Jan 17 (PTI) IT service provider Tech Mahindra on Friday announced the opening of an advanced Manufacturing Experience Centre at its Chennai campus. The centre was inaugurated by Mahindra Group chairman Anand Mahindra and Tech Mahindra CEO Mohit Joshi, according to a company statement. The centre will help manufacturers to quickly prototype and scale AI-based innovations to tackle industry issues like high operational expenses, inefficiencies in processes, supply chain disruptions, and complex operational challenges. Additionally, it will function as a hub where customers can vis ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
India's semiconductor market is projected to more than double, reaching $100-110 billion by 2030, up from $45-50 billion in 2024-25. A government statement highlighted the urgency to build secure, diversified chip supply chains amid global reliance on Taiwan. India aims to become a trusted global hub, backed by ₹76,000 crore in incentives and over ₹1.55 lakh crore in industry investments. India's semiconductor market is expected to more than double to grow in the range of USD 100-110 billion ...Read More >
Vijayawada (Andhra Pradesh) [India], October 2 (ANI): Minister for IT, Electronics and HRD, Government of Andhra Pradesh, Nara Lokesh on Thursday concluded a high-level meeting in New Delhi with the Board of the $180 bn Aerospace major Airbus, led by Chairman Rene Obermann and the President and Managing Director of Airbus India and South Asia. This is the first time the Airbus board has come to India and is exploring options on 'Make in India' and indigenisation. Minister Lokesh delivered a strategic pitch and presented Andhra Pradesh's proposal to host a large, world-class aerospace manufac ...Read More >
CHENNAI: Building on its successful engagement with Odisha Mining Corporation Ltd. (OMC), Garuda Aerospace, a leading drone technology company, has significantly expanded its presence in the mining sector. The company has secured contracts from Gujarat Mineral Development Corporation Limited and the Central Mine Planning & Design Institute. Further solidifying its position in the mining sector, the company has also been awarded with tenders from the Department of Geology and Mining, the Government of Tamil Nadu, Jharkhand Exploration and Mining Corporation Limited, and the Greater Chennai Cor ...Read More >
New Delhi [India], July 9 (ANI): At a time when Operation Sindoor against Pakistan is still ongoing, India is looking to fast-track the project for acquiring 87 medium-altitude long-endurance (MALE) drones to further enhance its surveillance capabilities both over sea and land borders. Defence sources told ANI that the project under the Make in India initiative for Indian manufacturers aims to boost the capabilities of the armed forces to keep an eye on enemy activities in areas of Indian interest, from the Pakistan border to the China border, and along the maritime zone. A tri-service propo ...Read More >
The Indian Pilots Guild has criticized the preliminary report on the Air India AI171 crash, emphasizing the need for a thorough, fact-driven investigation rather than conjecture. They argue that the report's omissions of vital technical explanations and cockpit voice transcripts lead to unnecessary speculation and misinformed narratives. Indian Pilots Guild, an association of Air India pilots, on Monday slammed the preliminary report on Boeing 787-8 plane crash on June 12, saying that the crew o ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
Hyderabad (Telangana) [India], September 26 (ANI): The Telangana government is working with a clear vision to position the State as the 'Aerospace Capital of India', said IT and Industries Minister Duddilla Sridhar Babu on Friday. According to a release, the Minister chaired a brainstorming session with leading aerospace entrepreneurs and experts at the Dr B.R. Ambedkar Telangana Secretariat, organised in collaboration with the FICCI Telangana Aerospace and Defence Committee. The discussions focused on strengthening the State's aerospace ecosystem, strategies for future growth, and policy mea ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
India's first helicopter Final Assembly Line (FAL) from the private sector, to be established by Tata Advanced Systems Limited (TASL) to build the Airbus H125 helicopters, will be located in Vemagal in Karnataka. The delivery of the first 'Made in India' H125 is expected in early 2027 and it will be available for exports in the South Asian region as well. European aviation major Airbus and the salt-to-airline conglomerate Tata Group had in January 2024 announced plans to set up India's first helicopter facility in the private sector. This announcement was made during the two-day visit of Fren ...Read More >
New Delhi [India], June 5 (ANI): Air India announced on Thursday that it has added more flights to Bangkok, Colombo, and Kathmandu to meet the growing passenger demand. Effective July 7, 2025, Air India will add a sixth daily flight between Delhi and Kathmandu, increasing frequency from 35x weekly to 42x weekly. Air India will add a second daily flight between Delhi and Colombo, doubling the route's frequency from 7x weekly to 14x weekly. The Tata Group airline will add a third daily flight between Mumbai and Bangkok, increasing frequency from 13x weekly to 18x weekly. Air India said in a ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) Airbus Helicopters has awarded a contract to Mahindra Aerostructures Pvt Ltd. (MASPL) to manufacture the main fuselage of its H125 helicopter, marking a strengthening of the collaboration between the two companies and the government's 'Make in India' drive. Work on the project will begin immediately at the MASPL factory in Bengaluru, with the first fuselage delivery scheduled for 2027. "This new contract with Mahindra Aerostructures is a testament to the strong capabilities of our partners in India and our shared vision for the country's aerospace sector," ...Read More >
New Delhi [India], October 1 (ANI): India first helicopter Final Assembly Line from the private sector, to be established by Tata Advanced Systems Limited (TASL) to build the Airbus H125 helicopters, will be located in Vemagal in Karnataka. A joint press release added that the move promises to unlock the full potential of the rotorcraft market in South Asia. The Made in India H125 helicopter will help develop new civil and para-public market segments and also meet the Indian armed force requirement for a light multi-role helicopter, especially on the icy heights of the country Himalayan fron ...Read More >
Andhra Pradesh's IT, Electronics and HRD Minister, Nara Lokesh, held a high-level meeting in New Delhi with the Board of Airbus, led by Chairman René Obermann along with the company's President and Managing Director for India & South Asia. This marked the first occasion that the Airbus board convened in India, where it is evaluating possibilities under the 'Make in India' initiative and advancing localisation. During the engagement, Lokesh put forward Andhra Pradesh's vision to host a state-of- ...Read More >
India's initial public offering (IPO) calendar is entering a record-setting week, with fundraises topping Rs 30,000 crore -- the largest in a single week. Nearly 90 percent of that will come from just two offerings: Tata Capital's Rs 15,511 crore issue and LG Electronics India's Rs 11,607 crore offer-for-sale (OFS). The sheer scale is set to strain secondary markets, where buying support could dry up. Although equities closed higher for second straight sessions on Friday, experts caution the rally may stall. "Secondary markets will see some sluggishness due to a liquidity crunch, especially ...Read More >
MUMBAI: India's stock markets on Monday were trading lower as weak global cues and a decline in Asian markets weighed on investor sentiment. The benchmark indices, Sensex and Nifty, struggled throughout the day, with most sectors witnessing losses. At the closing bell, the BSE Sensex had dropped 319.22 points, or 0.41 per cent, to settle at 77, 186.74, while the Nifty was down 121.10 points, or 0.52 per cent, to close the trading session at 23, 361.05. The decline in the Indian share market is due to US President Donald Trump's decision to impose a 25 per cent tariff on imports from Canada ...Read More >