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.
During the hearing, senior advocate Abhishek Singhvi, representing Apple Inc, submitted that they have received the copy of a joint reply of the ministry and CCI last night and urged the court to grant some time to file the rejoinder. New Delhi: The Delhi High Court on Tuesday directed the Centre and Competition Commission of India to place on record their response filed on a plea by tech giant Apple Inc challenging CCI's direction to furnish the firm's audited financial statements for several y
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday reserved the order on an application moved by Baramulla MP Engineer Rashid seeking custody parole to attend ongoing parliament session amidst jurisdictional row. However, the National Investigation Agency (NIA), while opposing the custody parole, stated that Rashid Engineer does not need to respond to any questions. They emphasized that this request is generic and pointed out that Engineer has no speech to deliver. Senior Advocate Sidharth Luthra appeared for NIA also argued that taking an oath and campaigning are separate m ...Read More >
New Delhi [India], February 10 (ANI): The Supreme Court (SC) on Monday said that appeals challenging the acquittals of accused persons in the 1984 anti-Sikh riots cases need to be filed seriously by prosecution agencies and not just for the sake of it. A bench of justices, Abhay S Oka and Ujjal Bhuyan, was informed by Additional Solicitor General (ASG) Aishwarya Bhati, who represented the Delhi Police, that the state has asked prosecuting agencies to file Special Leave Petitions (SLPs). Also Read | UP Shocker: Woman Strangulates 2 Daughters, Attempts to Kill Self After Domestic Dispute With ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
New Delhi: Senior advocate R S Cheema, representing Congress leader Rahul Gandhi, on Saturday argued that the AICC was not trying to sell the assets of Associated Journals Limited (AJL) but rather attempting to save the institution which was part of the freedom movement. Cheema, in his arguments before Special Judge Vishal Gogne, quoted Mark Twain and Urdu poet Wasim Barelvi to drive home his rebuttal against the Enforcement Directorate's (EDs) allegations. The federal agency has accused Sonia and Rahul Gandhi, late Congress leaders Motilal Vora and Oscar Fernandes, as well as Suman Dubey, S ...Read More >
Mumbai: The Bombay High Court has raised concern over terminally ill prisoners languishing in Maharashtra's jails and asked the state govt to consider proper implementation of an advisory on grant of medical bail or to place them in house arrest. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan on Monday said they visited the Yerwada central prison in Pune on Sunday and met with prisoners, particularly women inmates, and inspected the condition there. The bench referred to a ...Read More >
New Delhi, Feb 3 (PTI) The Delhi High Court on Monday refused to hear a plea against the nomination of AAP candidate and Delhi minister Mukesh Kumar Ahlawat in the February 5 assembly elections. Justice Subramonium Prasad observed the petition was not maintainable. "How is this petition even maintainable in law? Either you challenge (his previous) election on whatever grounds ... this is not maintainable," said the court. The plea was then withdrawn by the petitioner. The petitioner, who lives in Sultan Puri, said Ahlawat contested previous elections by concealing and withholding certain f ...Read More >
New Delhi: Delhi govt's standard operating procedure (SOP) on felling or transplantation of trees will need to be revised, as Delhi High Court has incorporated additional requirements to make the process more effective.In a recent order, HC underlined it is dealing with "the rights of the citizens of Delhi and the rights protected under Article 21 of the Constitution to live in a clean and pollution-free environment" and passed a slew of directions designating the forest department's tree officer to account for the overall impact on the green cover in the neighbourhood, the age of trees, and t ...Read More >
New Delhi: An underaged teenage survivor of rape seeking to immediately end her unwanted pregnancy of 27 weeks will have to wait until the fetus reaches the gestational period of 34 weeks so that the child can be born, Delhi High Court ordered on Thursday."Don't ask us to be a part of foeticide. Every endeavour must be made by the state to protect life," the bench of Chief Justice DK Upadhyaya and Justice Anish Dayal told the counsel for the survivor, after AIIMS highlighted that aborting the 16-year-old girl's pregnancy at 27 weeks may harm her reproductive health permanently and amount to fo ...Read More >
New Delhi, July 9 (SocialNews.XYZ) The Central Board of Film Certification (CBFC) on Wednesday apprised the Delhi High Court that the alleged offending portions of the film 'Udaipur Files' have been removed. A Bench of Chief Justice D.K. Upadhyaya and Justice Anish Daya was hearing a batch of pleas, including a plea filed by Maulana Arshad Madani, the President of the Islamic cleric's body Jamiat Ulema-i-Hind, seeking a prohibition on the release of the film based on the Kanhaiya Lal murder case. The movie, slated to be released worldwide this Friday, revolves around the brutal murder of Kan ...Read More >
New Delhi, July 10 (SocialNews.XYZ) The Supreme Court on Thursday orally observed that the clutch of petitions challenging the Election Commission of India's (ECI) decision to revise electoral rolls in poll-bound Bihar raises an issue which "goes at the very roots of democracy", involving the right to vote. After the petitioners' side presented their oral submissions, a Bench of Justices Sudhanshu Dhulia and Joymalya Bagchi remarked, "There is no question that the issue raised goes at the very roots of democracy -- the right to vote". "They (petitioners) are challenging not only the powers o ...Read More >
Mumbai: JSW Paints has agreed to acquire Akzo Nobel's India business, valuing the company at Rs 12,000 crore (approximately $1.1 billion). This will make the paint-maker the fourth-largest in the now highly competitive domestic paints market. Ending months of negotiations, JSW has agreed to pick up 74.76% stake in the Akzo Nobel India for Rs 8,986 crore, an over 17% discount to Thursday's price. ET in its May 26th edition was the first to report that JSW had agreed for the billion dollar acquisition - its largest so far and had entered in "exclusive negotiations." "Akzo Nobel India is home t ...Read More >
Akzo Nobel has revealed that its decision to partner with JSW Paints was based on a strategic vision to combine global expertise with strong local execution. The move positions JSW Paints to challenge India's top paint industry players. "We had options. It was really about finding not only the right home for our people but the right partner for our company, and we chose JSW," ET NOW quoted Akzo Nobel CEO Greg Poux-Guillaume as saying, explaining the rationale behind the decision. "It really is a ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
New Delhi, Jul 9 (PTI) The Centre has informed the Delhi High Court it has no plans to introduce Rs 50 coin as people prefer banknotes. The submissions came in response to a PIL seeking directions to produce currency notes and coins, particularly Rs 50 and below, which would be easily identifiable by blind persons. A division bench of Chief Justice D K Upadhyaya and Justice Anish Dayal on Wednesday noted though the counter affidavit was filed with the registry, it was not on record. "Let necessary steps be taken for bringing the same on record," the bench said and adjourned the matter. The ...Read More >
New Delhi, Jul 1 (PTI) The Delhi High Court on Tuesday set aside the decision of the sentence review board which had rejected a plea for premature release of Santosh Kumar Singh, who is serving life term for the 1996 rape and murder of law student Priyadarshini Mattoo. Justice Sanjeev Narula said there is an element of reformation in Singh and referred the matter back to the sentence review board (SRB) to consider afresh the convict's premature release plea. "I have found some element of reformation in him. The SRB decision is set aside and I have referred back the matter to SRB to consider ...Read More >
New Delhi: The Supreme Court on Monday sought a response from the Election Commission (EC) on a PIL challenging its decision to increase the maximum number of voters per polling station from 1,200 to 1,500, saying it is "concerned".A bench comprising Chief Justice of India (CJI) Sanjiv Khanna and Justice Sanjay Kumar asked senior advocate Maninder Singh, appearing for the poll panel, to file a short affidavit explaining the rationale behind the decision. ...Read More >
The Supreme Court on Friday granted bail to eight convicts in the infamous 1987 Hashimpura massacre case of 38 persons by the personnel of the Provincial Armed Constabulary. IMAGE: File photograph of Muslims in Meerut staging a protest demanding justice in the 1987 Hashimpura massacre case. Photograph: PTI Photo/Rediff archives A bench comprising Justices Abhay S Oka and Augustine George Masih took note of the submissions of senior advocate Amit Anand Tiwari, appearing for four convicts, that t ...Read More >
New Delhi [India] June 6 (ANI): The Delhi High Court has granted an interim order of status quo on a property in Batla House, Okhla, that was facing demolition. The property belongs to Ishrat Jahan, a widow who has lived in the area for over 25 years. The Delhi Development Authority (DDA) issued a notice on May 26, proposing the demolition of various properties in the area, including Jahan's. Justice Harish Vaidyanathan Shankar passed the order for status quo till the next date, listing the matter before the roster bench on July 10, where Jahan's petition challenging the demolition notice wi ...Read More >
New Delhi, Jul 2 (PTI) The Supreme Court has allowed realty firm M3M Group's plea for substitution of the provisionally attached property by the Enforcement Directorate under the Prevention of Money Laundering Act, 2002. A bench of Justices P S Narasimha and R Mahadevan, however, said the substitution of the property would be subject to nine conditions as suggested by ED. Also Read | Starlink Free To Launch Services in India After IN-SPACe Grants Necessary Regulatory and Licensing Approvals: Union Communication Minister Jyotiraditya Scindia. "We have heard Dr Abhishek Manu Singhvi, senior c ...Read More >
Srinagar, Jul 4: Lieutenant Governor (LG) Manoj Sinha Friday said that he was proud to see women breaking barriers in agricultural sciences and technology. In his address at the 6th convocation ceremony of Sher-e-Kashmir University of Agricultural Sciences and Technology, Kashmir (SKUAST-K), the LG said, "Proud to see our daughters breaking barriers and achieving success in Agricultural Science and Technology. It reflects a bright future for J&K and the nation." During the convocation, of the 5250 degrees of undergraduate, master's, and PhD, 2661 degrees were awarded to women, of the 150 stu ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...Read More >
The Delhi High Court on Wednesday sought the Enforcement Directorate's response on a plea by AAP convenor Arvind Kejriwal challenging a sessions court order upholding the summons issued to him in a money laundering case related to the alleged excise policy scam in the capital. Justice Ravinder Dudeja issued notice to the Enforcement Directorate (ED) on the petition and asked it to file the counter affidavit within six weeks. At the outset, the ED's counsel raised a preliminary objection over th ...Read More >
New Delhi, July 10: The Supreme Court on Thursday orally observed that the clutch of petitions challenging the Election Commission of India's (ECI) decision to revise electoral rolls in poll-bound Bihar raises an issue which "goes at the very roots of democracy", involving the right to vote. After the petitioners' side presented their oral submissions, a Bench of Justices Sudhanshu Dhulia and Joymalya Bagchi remarked, "There is no question that the issue raised goes at the very roots of democracy -- the right to vote". "They (petitioners) are challenging not only the powers of the Election Co ...Read More >
Noida (Uttar Pradesh) [India], July 11 (ANI): Yash Sahu, the son of Kanhaiya Lal, the tailor who was murdered in Rajasthan's Udaipur, said that despite having video evidence, the criminals have not been punished for the last three years. His statement comes after the Delhi High Court on Thursday ordered a stay on the release of the film 'Udaipur Files: Kanhaiya Lal Tailor Murder', which was set to hit theatres on July 11. 'Despite having video evidence and everything else, the criminals have not been punished for the last three years. And when someone wants to show the truth to the country t ...Read More >
New Delhi [India], July 14 (ANI): The Central government on Monday approved the transfer of six judges from various High Courts across the country to the Delhi High Court. The Ministry of Law and Justice issued formal notifications acting on recommendations made by the Supreme Court Collegium in its meeting held on May 26. Justice V. Kameswar Rao has been transferred back to the Delhi High Court from the Karnataka High Court, a year after he was moved there on his own request. Justice Rao had earlier served for over 11 years in the Delhi High Court before his transfer in May 2024. His repatri ...Read More >
New Delhi: The Delhi Public School, Dwarka, has decided to revoke the suspension of 32 students over a fee dispute, the Delhi High Court was informed on Thursday. The development came as Justice Sachin Datta was set to pronounce his verdict on a petition filed by the parents of the students, who were suspended over alleged non-payment of increased fees. "We have withdrawn the suspension order striking off students and also filed an affidavit to that effect on Monday," the counsel for the schoo ...Read More >
Mumbai (Maharashtra), July 5 (ANI): UltraTech, the flagship cement company of Aditya Birla Group, has said that it is not under investigation in case related to anti-competitive practice before the Competition Commission of India and it has neither received any order from the CCI in this case nor have the company financials been sought by competition watchdog. In a stock filing, UltraTech termed as 'false and misleading' reports published in public domain concerning the company over the CCI probe concerning ONGC's cartelisation complaint. 'It is clarified that the Company is not under invest ...Read More >
New Delhi [India], July 10 (ANI): Maulana Arshad Madani, President of Jamiat Ulama-i-Hind, on Thursday, welcomed the Delhi High Court decision to stay the screening of a Udaipur Files movie, expressing satisfaction with the outcome. According to an official release, Madani said, We were awaiting a final verdict, but the outcome after the day-long hearing clearly indicates that, even after the removal of objectionable scenes, the film still contains content that can spread the poison of hatred in our society. The stay on the screening of the film and other related court orders have undoubtedl ...Read More >
Hyderabad: The Delhi High Court on Thursday dismissed Bollywood actor Jacqueline Fernandez's petition seeking to quash the FIR and supplementary chargesheet filed against her by the Enforcement Directorate (ED) in connection with the Rs 200 crore money laundering case involving conman Sukesh Chandrashekhar. Justice Anish Dayal delivered the order. The court had earlier reserved its judgment on the matter. A detailed copy of the judgment is yet to be uploaded. The case revolves around allegations that Fernandez received expensive gifts from Chandrashekhar, who is accused of orchestrating a Rs ...Read More >
New Delhi [India], July 7 (ANI): The Delhi High Court on Monday dismissed a petition by Turkish ground-handling company Celebi challenging the Union Government's decision to revoke its security clearance over national security concerns. Delivering the judgment, Justice Sachin Datta stated that the Court was satisfied with the existence of 'compelling national security considerations' behind the government's decision. Although the Court refrained from disclosing specific intelligence inputs, it acknowledged the risk of espionage and potential misuse of logistics infrastructure during external ...Read More >