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.
MUMBAI: In a move that signals shifting tides in the global content business, Brunico Communications has announced it will discontinue its US events portfolio from 2027, bringing the curtain down on marquee gatherings such as the Kidscreen Summit, Realscreen Summit and NATPE Global. The decision marks the end of an era for Kidscreen Summit, a cornerstone of the children's media industry for nearly 30 years. The annual event has long served as a hub for creators, broadcasters, streamers and buyers across live-action and animation, alongside hosting the widely regarded Kidscreen Awards. Brunico cited ongoing market consolidation and structural changes in the content production landscape as the key drivers behind the move. The company will now pivot its focus towards its publications portfolio, including Kidscreen, Realscreen, Playback and Strategy, as well as the Canada-based Banff World Media Festival, which is set to return from June 14 to 17, 2026. Adding to the shake-up, long-time Kidscreen publisher Jocelyn Christie has exited the company after a 28-year tenure. Widely credited with shaping the Kidscreen brand, Christie played a pivotal role in expanding the summit into the largest global gathering of children's media executives and extending its reach into Asia through initiatives such as Kidscreen East and the Asian Animation Summit. Brunico Communications president & CEO Russell Goldstein said the decision was "difficult but necessary" amid evolving market dynamics, noting that the company would double down on delivering insight, coverage and networking opportunities through its media platforms. For her part, Christie reflected on her tenure with a sense of pride and anticipation for what lies ahead. Brunico Communications publisher Jocelyn Christie said, "I'm immensely proud of the work that has gone into building the Kidscreen brand over my last 28 years. I'm equally excited to explore new opportunities to carry my experiences forward into what comes next." While the lights may dim on its flagship events, Brunico appears keen to keep the conversation going through its editorial platforms. As the industry recalibrates, the company is betting that content, not conferences, will be its strongest connector in the years ahead.
Mumbai : Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India today unveiled and launched its much-awaited all-new 3 Generation Honda Amaze. This marks the global debut of the new generation Amaze in India, a key market for Honda globally and the first country to launch the new model. The all-new Amaze will be available at an introductory price range of Rs 7,99,900 - Rs. 10,89,900 (ex-showroom, Delhi); valid till 45 days from launch. The stylish and premium compact sedan has been designed to offer an OUTCLASS and delightful sedan experience that meets the aspirations ...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 >
LONDON - The Rank Group (LON:RNK) Plc, a British gambling company, announced today the appointment of Mr. Christian Nothhaft as a non-executive director, effective immediately. This change comes as Mr. Chew Seong Aun retires from the board, also effective today. Mr. Nothhaft brings a broad range of experience to the Rank board, including expertise in digital transformation. Alex Thursby, Rank's chairman, expressed confidence in Nothhaft's abilities, stating that his international and strategic experience will be valuable to the company. Nothhaft has a notable background in business managemen ...Read More >
New Delhi, Jun 30 (PTI) VinFast Auto India on Monday said it has tied up with myTVS for after-sales support as the electric car maker prepares to launch its first vehicle in the country. VinFast aims to establish 120 extended service workshops by partnering with potential service providers to boost its after-sales operations across India. Under the strategic collaboration, myTVS will ensure VinFast customers receive comprehensive service coverage across the nation, the electric vehicle maker said in a statement. The collaboration is also aimed at strengthening VinFast's charging network acr ...Read More >
Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high-performance vehicles as large contractors increasingly invest in owned assets and modernize their ag ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
NewsVoir New Delhi [India], July 15: Moglix, one of Asia largest B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries, the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. This marks a strategic step in Moglix commitment to powering India infrastructure transformation with future-ready, sustainable materials. India vision of Viksit Bharat hinges on developing infrastructure that is not only expansive but also durabl ...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 >
Gurugram (Haryana) [India], July 15: Following a successful debut at the Bharat Mobility Global Expo earlier this year, VinFast Auto India -- the Indian subsidiary of global electric vehicle leader VinFast -- has officially opened bookings today for its premium electric SUVs, the VF 7 and VF 6, across the Indian market. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. These models will be officially launched for public sale in August, following the inauguration of the company's plant in Thoothukudi, with deliv ...Read More >
Bengaluru, Jun 7 (PTI) A 26-year-old man allegedly beheaded his wife following a heated argument on the outskirts of Bengaluru after he suspected her of having an extra-marital affair, police said on Saturday. After killing Manasa, Shankar travelled with her severed head on his scooter to the nearest police station and confessed to the crime, they said. The man was later arrested, police said, adding that the incident occurred at Heelalige village, near Chandapura, Anekal taluk late on Friday. According to the police, the couple were married for over five years and have a four-year-old daug ...Read More >
Bengaluru - : Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, announced today that it has successfully raised ₹1,550 crores through a combination of Non-Convertible Debentures (NCDs) and term loan facilities. The proceeds will be used to refinance certain existing debt, resulting in annual interest savings of approximately 113 basis points (bps). The fund raise comprises ₹750 crores via Embassy REIT Series XIV NCDs, priced at a coupon of 6.97%, and a ₹800 crore term loan from a leading bank that is ...Read More >
Mumbai - MovieVerse Studios and Ellipsis Entertainment are delighted to announce the launch of a new mass contemporary mythological thriller, directed by Prasoon Pandey, the biggest name in Indian advertising. This marks his highly anticipated debut as a filmmaker. Prasoon has been recognized as the first Asian featured in Campaign Magazine's list of the 100 most influential advertising filmmakers worldwide. His work has won numerous awards at Cannes Lions, Clio Awards, and D&AD. With this feature, he adds feature films to his body of work , bringing his strong visual aesthetic and storytellin ...Read More >
VMPL New Delhi [India], December 18: Five months after the launch of the "Go Green with Taiwan" project by Taiwan International Trade Administration (TITA) and Taiwan External Trade Development Council (TAITRA), and after receiving a total of 396 proposals from 45 countries around the world, the most exciting part is finally here. On December 9, 2024, the Top 5 finalists went on an all-expense paid trip to Taiwan where they presented their entries and convinced a distinguished panel of experts and judges from Taiwan that their entries can and will help change the way we live and establish a ...Read More >
Hyderabad - Synchrony is a leading consumer financial services company providing customers with innovative savings and premium credit solutions. Synchrony has been ranked #2 among India's Best Companies to Work For™ 2025 by Great Place to Work®, the global authority on workplace culture. This prestigious recognition, revealed at the awards ceremony on June 25, 2025, solidifies Synchrony's standing as a top employer of choice in India, underscoring its ongoing commitment to creating a high-trust, high-performance workplace culture that champions innovation, flexibility, and employee well-being. ...Read More >
New Delhi, July 2: Starlink, the satellite internet service owned by Elon Musk, officially launched its services in Sri Lanka on Wednesday. With this launch, Sri Lanka has become the third country in South Asia -- and another of India's neighbours -- after Bhutan and Bangladesh to get access to Starlink's internet services. The announcement was made by Starlink on social media platform X, where the company said: "Starlink's high-speed, low-latency internet is now available in Sri Lanka!" Starlink is getting closer to launching its services in India. Last month, the company received a key lice ...Read More >
MUMBAI: The market is warming to large private credit deals in India, where local borrowers are typically less levered than their peers in the rest of Asia, according to Indranil Ghosh, managing director and head of pan-Asia special situations at Cerberus Capital Management. Cerberus, which has US$65bil under management globally, was among the anchor investors in Shapoorji Pallonji Group's US$3.4bil financing, the country's largest private credit deal to date. While deals of that scale are still a rarity, growing capital needs and relatively low leverage are building lenders' confidence in f ...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 >
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 >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...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 >
Mumbai (Maharashtra) [India], July 15 (ANI): Indian Institute of Creative Technologies (IICT) will open admissions for its first batch of students starting this August, giving a major boost to India digital and creative economy sector. The institute will offer a robust portfolio of industry-driven courses in the AVGC-XR (Animation, Visual Effects, Gaming, Comics, and Extended Reality) sector. The institute, which was announced by Union Minister for Information & Broadcasting, Ashwini Vaishnaw, at World Audio Visual Entertainment Summit (WAVES) in May 2025, is backed by prestigious global par ...Read More >
DP World has announced an extension of its Carbon Inset Programme after successfully registering more than 150,000 import containers since its inception in January. The programme, which commenced on 1 January 2025, is claimed to be the first initiative of its kind globally, providing cargo owners with 50kg CO2e of carbon credits for each loaded import container processed through DP World's UK terminals. This initiative aims to assist companies in addressing Scope 3 emissions within their supply ...Read More >
NEW DELHI: In a dramatic turn of events, Canadian PM Mark Carney called PM Modi and invited him for the G7 summit that begins eight days from now at Kananaskis in Alberta. Modi accepted the invitation and said he was looking forward to meeting him at the summit.The announcement by Modi on X followed almost a week of suspense over his participation because of a lack of invitation, drawing barbs from the opposition about his possible exclusion from the summit. India is not a member of G7 but Modi has been invited for all summits since 2019. Modi congratulated Carney on his poll win and thanked h ...Read More >
New Delhi: At Wimbledon 1993, Chris Bailey knocked over the net cord umpire off her chair. That iconic moment in Wimbledon history cannot be repeated because the folks who would place their finger on the net to feel the slightest vibration were phased out in 1996. Their place was taken by an automatic system that produced a beep instead. Soon, all majors would follow suit.When play resumes on Monday, June 30, at the All England Lawn Tennis and Croquet Club, a familiar sight will be no more - the line judges. For the first time in Wimbledon's 148-year history, line judges, with their hunched ba ...Read More >
New Delhi - Generali today announces Central Bank of India (CBI) as its new joint venture (JV) partner in the country. CBI is one of the oldest public sector Indian banks, established in 1911, with a market capitalisation of ₹461 billion (€5.1 billion) and a distribution network of over 4,500 branches serving more than 80 million customers. The partnership with CBI will enhance Generali's market presence, strengthening its brand positioning and distribution capabilities in both Life and P&C. Jaime Anchústegui, Deputy CEO Insurance, Generali Group, commented: "We are pleased to announce this ...Read More >
Mumbai: The Singapore Airlines (SIA) Group and Mandai Wildlife Group have joined hands to enhance the country's appeal as a top travel destination by co-creating customer experiences through exclusive privileges, and spotlighting the crucial work of wildlife conservation for the planet. The partnership will also extend assistance from SIA in transferring animals from Singapore's wildlife parks to accredited zoos across the world. As part of efforts to boost inbound travel from key international markets, SIA has announced to provide its customers with curated wildlife experiences, exclusive c ...Read More >
New Delhi [India], July 13 (ANI): The All India Pickleball Association (AIPA) announced the Indian Junior Pickleball team to compete at the Asian Junior Pickleball Championship, scheduled to be held in Vietnam from July 13 to 16, 2025. Comprising 32 promising young athletes, the Indian contingent will participate across Under-12, Under-14, Under-16, and Under-18 categories, marking another major step in India's rapid ascent in international pickleball. Following an impressive showing at the previous edition of the championship, where Indian juniors clinched multiple medals, this year's team e ...Read More >
Mumbai: Indian stock markets on Wednesday opened near the flatline on a cautious note, tracking the subdued sentiment in Asian markets. At the opening of the trade, Nifty at National Stock Exchange (NSE) started at 24,204.80, up 10.30 points and Sensex at 80,121.03, up by about 122 points. In the opening trade, the stocks of Coal India, Adani Enterprises, Mahindra and Mahindra, Adani Ports, and Kotak Banks were the top gainers. On the other hand, IndusInd Bank, Cipla, Tata Consumer Products, Bharti Airtel, and UltraTech Cement were the major losers on the NSE. Among the sectoral indices, Aut ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that made me and the ones still on my way. Thank you for all your love and wishes Instafam. #Gratitude #lo ...Read More >
New Delhi, Jun 8 (PTI) Bullish on the business opportunities in India, European aircraft maker ATR is in discussions with scheduled and non-scheduled operators to explore sale of its aircraft. Considering the growth potential of the Indian market, a senior ATR official said it expects the country to have 300 more turboprops in the next 10 years. A joint venture between Airbus and Leonardo, ATR manufactures turboprops with up to 78 seats as well as freighters. Currently, there are 70 ATR aircraft in the country that are operated by IndiGo, Alliance Air, and FLY91. ATR is still "very bullish ...Read More >