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.
XLRI launches an Executive Diploma in Advanced Business Strategies with Simplilearn, targeting CXOs transitioning to strategic leadership roles. The 12-month hybrid program includes online classes and on-campus immersion, focusing on cross-functional expertise, strategic management, and innovation. It addresses growing demand for leaders adept at connecting corporate strategy with digital innovation. XLRI, in collaboration with Simplilearn, has announced the launch of an Executive Diploma in Adv
CHITTOOR (Andhra Pradesh): The Apollo University, Apollo Hospitals and University of Leicester, United Kingdom, have partnered to establish the Centre for Digital Health and Precision Medicine (CDHPM) at The Apollo University campus in Chittoor, Andhra Pradesh. The advanced research center will bring together the expertise and resources of both institutions to create a global hub for digital health and precision medicine. The CDHPM will be the hub in Chittoor, India. The hub at the University of Leicester will be based at the BHF Cardiovascular Research Centre at Glenfield Hospital, Leicester ...Read More >
Nagpur: Forced or allured conversion is violence, and bringing tribal brethren back to their original fold is correction, said Rashtriya Swayamsevak Sangh (RSS) sarsanghchalak Mohan Bhagwat during the valedictory function of RSS' Karyakarta Vikas Varg-II at Hedgewar Smruti Mandir premises in Reshimbagh on Thursday.Bhagwat was responding to concerns raised by the chief guest, former Congressman and minister in Indira Gandhi's govt, Arvind Netam, who warned the gathering of swayamsevaks that widespread conversions threaten the identity and existence of India's tribal communities. "If this contin ...Read More >
Bhubaneswar: The state govt has mandated the appointment of dedicated Artificial Intelligence (AI) officers across all departments to drive digital governance following the state cabinet's approval of the Odisha AI Policy-2025 on May 28.As per the plan, each AI officer will lead a two or three-member team, including assistant section officers (ASOs) or section officers (SOs), focusing on implementing AI-driven solutions in their respective departments. "The AI officers will be selected based on their technological expertise. The ASOs or SOs, too, should have basic knowledge of technology and A ...Read More >
BENGALURU - Altimetrik, a pure-play AI, Data and Digital engineering solutions company, today announced the signing of a definitive agreement to acquire SLK Software ("SLK"), a global technology services firm focused on delivering AI, intelligence automation and analytics solutions. The acquisition will further strengthen Altimetrik's end-to-end enablement services and expand its customer reach, with a clear path to accelerate towards Altimetrik's goal of reaching $1billion in annual revenue. The transaction remains subject to customary closing conditions and is expected to close in the second ...Read More >
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 >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
NEW DELHI: Recognizing the potential and challenges of AI, the Government of India constituted an advisory group, chaired by Principal Scientific Advisor Prof. Ajay Kumar Sood, to undertake the development of an 'AI for India-Specific Regulatory Framework'. Under the guidance of the Advisory Group, a sub-committee on 'AI Governance and Guidelines Development' will provide actionable recommendations for AI governance in India. The sub-committee's report on AI Governance, now published for public consultation, aims to guide the development of a trustworthy and accountable AI ecosystem in India. ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Tim Curtis, Director, UNESCO Regional Office for South Asia, has underscored the importance of adopting an 'ethics-by-design' approach to AI development, noting that true inclusivity requires not just functionality but the integration of core ethical values from the outset. He also reaffirmed UNESCO's support for India's vision of an AI ecosystem that is inclusive, transparent, and grounded in trust. Abhishek Singh, Additional Secretary, MeitY and CEO, IndiaAI Mission, highlighted India's balanced, pro-innovation approach to AI aimed at building AI in India ...Read More >
The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin Talian, Ankit, Bhavish, and Randeep Singh. News Directory 3 provides crucial updates on sensitive cases such ...Read More >
Bengaluru (Karnataka) [India], July 2 (ANI): Building on the momentum towards the India Mobile Congress (IMC) 2025, Asia's largest digital technology forum scheduled to be held in October this year, IMC on Tuesday organised a roadshow in Bengaluru, a release said. Organised by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), IMC 2025 has put a major focus on Bengaluru as a critical launchpad, reflecting the city's thriving startup ecosystem and leadership in deep-tech advancement. Also Read | Nothing Phone 3 Price, Specifications and Features ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
New Delhi : Coursera, Inc. (NYSE: COUR), a leading online learning platform, today announced the appointment of Ashutosh Gupta as Managing Director for India and Asia Pacific. In this role, he will lead Coursera's enterprise business across the region, working closely with companies, campuses, and governments to equip students, citizens, and employees with skills for the digital economy. "Ashutosh's deep experience in the region and his work with mission-driven organizations make him an ideal leader to drive Coursera's next phase of growth in Asia Pacific," said Karine Allouche, General Manag ...Read More >
New Delhi, Jul 15 (PTI) India's Global Capability Centres (GCCs) saw a rise in hiring volumes by 8-10 per cent in the first quarter of FY26, compared to a subdued fourth quarter of FY25, which saw a decline of 3-6 per cent, reflecting a return to strategic, skill-focused recruitment practices. The sector is deliberately moving away from volume hiring, focusing instead on securing high-value talent in AI, platform engineering, and cybersecurity, exacerbating critical skill shortages across the country, according to a report by staffing and workforce solutions provider Quess Corp. "Q1FY26 mark ...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 >
New Delhi [India], June 7 (ANI): The Ministry of Statistics and Programme Implementation (MoSPI), in partnership with NITI Aayog and the World Bank as a knowledge partner, organised a two-day National Workshop entitled 'Using Alternate Data Sources and Frontier Technologies for Policy Making.' This event took place at Bharat Mandapam in New Delhi on June 5 and 6. The National Workshop concluded with a Valedictory Session on 6 June. According to the release, the Valedictory Session was graced by Prof. Ajay Kumar Sood, Principal Scientific Advisor (PSA) to GoI as the Chief Guest; Prof. Abhay K ...Read More >
New Delhi [India], July 5 (ANI): AIonOS, a global enterprise AI company and a joint venture between InterGlobe and Assago Group, has made a strategic investment in Cloud Analogy. Cloud Analogy is a major Salesforce consulting partner known for its strong expertise in working across multiple cloud platforms and successfully delivering Salesforce solutions to businesses around the world. According to a release, this investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with A ...Read More >
New Delhi, July 5 (UNI) In a shocking event for Pakistan's IT corridors, Microsoft shuts down its 25-year-long operations in Pakistan. The tech major started its Pak operations in 2000, which began with ambitions of digital transformation and tech-friendly collaboration. The news came just after Microsoft's announcement of layoffs of its 9,000 employees this week. Microsoft played a major role in developing the Pak IT sector in these 25 years by implementing enterprise solutions across diverse industries, collaborating with the government on different e-governance projects, and overseeing th ...Read More >
New Delhi, Jul 6 (PTI) Non-teaching specialists or consultants with 10 years of experience at government hospitals can now be appointed as associate professors, while those with two years can serve as assistant professors without the mandatory senior residency, in a move to widen the pool of eligible faculty. The new regulations by the National Medical Council (NMC) also stipulate that non-teaching government hospitals with over 220 beds can now be designated as teaching institutions, The previous 2022 regulations allowed non-teaching doctors to become assistant professors after two years in ...Read More >
New Delhi, Jul 13 (PTI) BITS Pilani, an Institution of Eminence, will invest over Rs 2,200 crore on expansion, including an 'AI+ Campus' at Amaravati in Andhra Pradesh, its Chancellor and industrialist Kumar Mangalam Birla said on Sunday. The investment will be made over a period of five years. In his address at the 2025 convocation of the institution, Birla reaffirmed BITS Pilani's "commitment to nation-building with three transformative initiatives", as "India aspires to become a 10 trillion dollar economy and a knowledge superpower". Elaborating, he said the first is 'Project Vistaar' of ...Read More >
New Delhi, Jul 15 (PTI) India's Global Capability Centres (GCCs) saw a rise in hiring volumes by 8-10 per cent in the first quarter of FY26, compared to a subdued fourth quarter of FY25, which saw a decline of 3-6 per cent, reflecting a return to strategic, skill-focused recruitment practices. The sector is deliberately moving away from volume hiring, focusing instead on securing high-value talent in AI, platform engineering, and cybersecurity, exacerbating critical skill shortages across the country, according to a report by staffing and workforce solutions provider Quess Corp. "Q1FY26 mark ...Read More >
VIJAYAWADA: The State government on Friday accorded approvals to a slew of industries. Among those are Krishnapatnam Power Corporation Limited (KPCL), which is set to establish a 350 MW Solar and Battery Energy Storage System (BESS) in Thamminapatnam and Mommidi villages of SPSR Nellore district with a Rs 1,225 crore investment, creating 575 jobs. Furthermore, the government also waived off a Rs 54 crore extension of time fee, contingent on project completion within two years as per the Andhra Pradesh Integrated Clean Energy Policy-2024. The government also allocated 22.80 acres at MPSEZ in N ...Read More >
Jammu : The Indian Institute of Management (IIM) Jammu stands at a luminous crossroads in its journey -- one defined by ambition, perseverance, and a resounding affirmation of its rising stature. In what can only be described as a golden chapter in the Institute's evolution, IIM Jammu has accomplished a feat few in the nation can claim: the rare distinction of securing not one, but two of the most coveted international accreditations -- BGA and EFMD Accreditation for MBA program -- within a single remarkable year. These accolades speak volumes of the Institute's steadfast commitment to academ ...Read More >
New Delhi: Non-teaching specialists or consultants with 10 years of experience at government hospitals can now be appointed as associate professors, while those with two years can serve as assistant professors without the mandatory senior residency, in a move to widen the pool of eligible faculty. The new regulations by the National Medical Council (NMC) also stipulate that non-teaching government hospitals with over 220 beds can now be designated as teaching institutions. The previous 2022 regulations allowed non-teaching doctors to become assistant professors after two years in 330-bed non- ...Read More >
Thiruvananthapuram: Ravada A Chandrasekhar took charge as the new State Police Chief on Tuesday. He succeeds Shaik Darvesh Saheb, who retired on June 30. His tenure will run until July 1, 2027. A 1991-batch IPS officer currently serving as Special Director with the Intelligence Bureau, Chandrasekhar is on central deputation. He was selected over Nitin Agarwal, who topped the official list of probables. The appointment order, issued by Kerala Chief Secretary Dr A Jayathilak on behalf of the Governor, was released soon after a cabinet meeting held on Monday. Hailing from Andhra Pradesh's Godav ...Read More >
Gurugram : AIonOS, a global leader in enterprise AI; a joint venture between InterGlobe and Assago Group, today announced a strategic investment in Cloud Analogy, a Salesforce Summit Consulting Partner recognized for its deep multi-cloud expertise and strong track record of Salesforce implementations across global enterprises. This investment by AIonOS marks a leap toward its vision of transforming enterprises with AI at the core. By integrating Cloud Analogy's deep Salesforce implementation expertise with AIonOS's AI-led Customer Experience practice, the combined entity will deliver intellig ...Read More >
India's medical education is set for a big change. The National Medical Council has new rules. These rules allow more experienced doctors to become professors. Government hospitals with 220 beds can now be teaching centers. The goal is to increase the number of medical seats. This will help India get more doctors and improve healthcare.Non-teaching specialists or consultants with 10 years of experience at government hospitals can now be appointed as associate professors, while those with two year ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent muted demand scenario. Select companies from metals, pharmaceuticals, cement, banking and finance and ...Read More >
New Delhi: Nearly half of the students surveyed in Delhi's higher education institutions use Artificial Intelligence tools several times a week, with 23% reporting daily use and 21% using them several times a month. AI was used most frequently for research, with 84% saying they rely on AI for academic purposes, followed by writing at 76% and learning complex subjects at 68%.However, barriers to adoption remain significant, with 47% attributing limited AI use to lack of awareness and 45% citing limited knowledge on how to use them effectively. The findings are part of a new study by the Centre ...Read More >
Bengaluru, India (OTE) - Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harness the power of generative AI to achieve transformative growth. Infosys and Google Cloud share a s ...Read More >
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research. A deep dive into the FY25 annual reports from the industry behemoths --- TCS, Infosys, Wipro, and Tech Mahindra -- indicates that in the global AI race, India's tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it. The shift from general digital transformation to a specific AI focus is captured in the very title ...Read More >