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.
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday ruled against the use of logos and images related to Ratan Tata and Tata Trusts, acknowledging that Tata is a well-known trademark and that the late Ratan Tata is a prominent figure deserving of name protection. Justice Mini Pushkarna's bench, while hearing a lawsuit filed by the Sir Ratan Tata Trust and Tata Sons Pvt Ltd issued an injunction against Rajat Srivastava, who had been planning to organize an award ceremony named the 'Ratan Tata Icon Award.' According to the lawsuit, the defendants, despite being notified, choose to continue to advertise and publicize an unauthorized event and award, falsely claiming support by and association with the Tata Trusts and its former Chairman, late Ratan N Tata. During the proceedings, the defendants agreed to cancel the awards event and refrain from using Ratan Tata's name. Taking note of this submission, the court also sought an undertaking from the defendants regarding compliance and scheduled a follow-up for February 12. The plaintiffs, Tata, were represented by Senior Advocate Rajeev Nayar. The lawsuit was filed through the law firm Anand and Anand, with representation by Pravin Anand and Achuthan Sreekumar. According to the suit, upon learning about the Defendants' unauthorized and misleading events scheduled for February 10, 2025, at the Constitutional Club of India and Maharashtra Sadan, New Delhi, the Plaintiffs sent a representative to verify the Defendants' claims. When the representative inquired at Maharashtra Sadan, they were informed that no such event was known to them and that the posts using their institution's name were unauthorized and surprising. Conversely, at the Constitutional Club of India, the representative was told that there was a booking under Defendant Rajat Srivastava's name, but the officials did not provide any additional details about the booking or event. (ANI)
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], January 8 (ANI): The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (EY India). EY India also asks for deferring tax deduction at source (TDS) on PF interest rate (above 2.5 lakhs) until the withdrawal stage to reduce compliance burden. In the previous budget TDS rate rationalization was undertaken to a certain extent. To further simplify th ...Read More >
Mumbai, Jan 27 (PTI) The Bombay High Court on Monday suggested Abhishek Lodha and his brother Abhinandan Lodha to try and amicably resolve the issue over the use of 'Lodha' trademark. The Abhishek Lodha-promoted Macrotech Developers Ltd earlier this month filed a suit in the HC against Abhinandan Lodha's real estate firm, House of Abhinandan Lodha, claiming the name 'Lodha' was their trademark and no one else could use it. The suit sought Rs 5,000 crore as damages from Abhinandan Lodha's company. In an interim application, Macrotech Developers sought a perpetual injunction against the defen ...Read More >
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 >
Ahmedabad (Gujarat) [India], June 7 (ANI): The Ahmedabad City Crime Branch on Sunday successfully apprehended Abhishek alias Shooter Sanjaybhsinh Tomar, a notorious criminal with a history of violent offences, after a tense standoff at an apartment in Odhav. Tomar, wanted in multiple cases involving assault, rioting, and illegal arms possession, had been evading the law. Also Read | Encroachers Can't Claim Right To Continue Occupying Public Land, Says Delhi High Court. Acting on a tip-off, the Crime Branch team arrived at Shivam Awas, Building X, Flat No. 505 in Bhavang Flats, where Tomar h ...Read More >
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships and next-gen strategies--making it clear that India isn't just part of the global EV race; it's aiming for pole position. Also Read | FIFA Club World Cup 2025: Gonzalo Garcia's Goal Sends Real Madrid Into Quarterfinals With 1-0 Win Over Juventus (Watch Goal Video Highlights). Kicking off the two-day confe ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday ruled against the use of logos and images related to Ratan Tata and Tata Trusts, acknowledging that Tata is a well-known trademark and that the late Ratan Tata is a prominent figure deserving of name protection. Justice Mini Pushkarna's bench, while hearing a lawsuit filed by the Sir Ratan Tata Trust and Tata Sons Pvt Ltd issued an injunction against Rajat Srivastava, who had been planning to organize an award ceremony named the 'Ratan Tata Icon Award.' Also Read | Rahul Gandhi Claims More Voters in Maharashtra Than Total Ad ...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 >
The Supreme Court halted new temple-mosque legal battles. The court will review the 1991 law impacting religious site status. This law froze the status of religious sites as of August 15, 1947. Several cases, including Gyanvapi and Shahi Idgah, challenge this law. The law's validity is being questioned. The court's decision impacts ongoing and future disputes.In its ruling on the keenly-watched Place of Worship Act case, the Supreme Court said on December 12 that no new Mandir-Masjid suits are to ...Read More >
New Delhi [India], June 8 (ANI): Delhi Chief Minister Rekha Gupta on Sunday lashed out at Aam Aadmi Party (AAP) leaders Sanjay Singh and Saurabh Bhardwaj over their visit to the Madrasi Camp encroachment site in Jangpura, terming it a 'drama' by an 'autocratic party' aimed at misleading the people of Delhi. 'No one is touching the slums. This (AAP) is a drama party, and they are unemployed people. Their job is to mislead and deceive the people of Delhi. Whereas we are taking care of the people of Delhi in a positive way, doing overall development, following the court's orders. It is our job t ...Read More >
New Delhi: Rajya Sabha MP Swati Maliwal with women from purvanchal stages a protest against AAP convenor Arvind Kejriwal in New Delhi, Monday, Feb. 3, 2025.Source : PTI Delhi Police on Monday detained Rajya Sabha MP Swati Maliwal as she protested outside Aam Aadmi Party (AAP) national convenor Arvind Kejriwal's residence over the government's failure to clean the Yamuna River. Maliwal, accompanied by a group of women from Purvanchal, carried water collected from the Yamuna to Kejriwal's residence, accusing him of neglecting the river's worsening condition. Speaking to news agency ANI, she re ...Read More >
New Delhi: The Delhi High Court on Wednesday, May 21, rapped commentator Abhijit Iyer Mitra for his alleged defamatory and abusive social media posts against nine women journalists of media house Newslaundry and asked him to remove the posts within five hours. The court was hearing a plea by nine women journalists of Newslaundry and sought an injunction and damages of Rs 2 crore from Mitra for his "defamatory, false, malicious and unsubstantiated allegations" published on X. Mitra had posted vulgar remarks from February to May this year, addressing the women journalists as "prostitutes" and ...Read More >
NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated June 4, his appointment to the post of director, Prime Ministers Museum and Library in the rank and pa ...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 >
Mumbai: Uddhav and Raj Thackeray will hold a joint protest march of their parties in the city on July 5 against what they allege is imposition of Hindi in the state's schools from Class 1 through the new three-language policy. This will be the first time they will come together on a political platform after Raj Thackeray's decision to quit Shiv Sena to form MNS nearly two decades ago.There has been speculation of a reunion of the estranged cousins for the coming civic polls, and the protest march is being seen as the first step in that direction, reports Chaitanya Marpakwar.Uddhav and Raj had ...Read More >
BusinessWire India Chennai (Tamil Nadu) [India], July 1: TAFE, one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. The settlement encompasses the following key features: * Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in "Massey Ferguson" and related trademarks and all goodwill associated therewith. * TA ...Read More >
New Delhi, Jul 2 (PTI) Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). Also Read | Iran's President Masoud Pezeshkian Approves Law to Suspend Cooperation With IAEA Following Israel, US Strikes. "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasek ...Read More >
New Delhi [India], June 5 (ANI): The National Human Rights Commission (NHRC), India, has taken suo motu cognizance of a press release issued by the Press Club of India, New Delhi, highlighting the alleged brutal assault of two journalists by police in Bhind district, Madhya Pradesh. The incident reportedly took place on May 1, 2025, under the supervision of the District Superintendent of Police. 'NHRC, India takes suo motu cognisance of the reported assault of two journalists by police in Bhind district, Madhya Pradesh,' in a post in X, NHRC stated. https://x.com/India_NHRC/status/193056213 ...Read More >
Chandigarh (Punjab) [India], June 6 (ANI): Vice President Jagdeep Dhankhar on Friday expressed concern over the recent cash controversy involving former Delhi High Court judge Justice Yashwant Varma. A substantial amount of unaccounted cash was discovered at Justice Varma's residence after a fire broke out in mid-March. The incident has sparked widespread debate and scrutiny. He questioned the absence of an investigation into the issue and why no FIR was registered for the same. The Vice President said, 'A painful incident happened in mid-March in Delhi at the residence of a sitting judge. ...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 [India], June 30 (ANI): Delhi's Rouse Avenue Court on Monday accepted the closure report filed by the Central Bureau of Investigation (CBI) in the JNU student Najeeb Ahmed's missing case, who had gone missing in October 2016. This case was transferred to the CBI. The agency filed a closure report in 2018. His mother, Fatima Nafees, had challenged the closure report. Also Read | Indian Railways Fare Hike: Will Mumbai Local Train Ticket Prices Increase From July 01? Check New Ticket Slabs, Tatkal Reservation Changes and Other Key Details. Additional Chief Judicial Magistrate (ACJM) ...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 >
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 >
Sonitpur (Assam) [India], June 6 (ANI): As the swelling Brahmaputra's raging floodwaters submerge vast areas of Tezpur, local residents are demanding immediate action from the state government to prevent further soil erosion and houses from getting washed away. A local resident said, "One or two houses have been washed away. In the Bhomoraguri village, under the Tezpur Legislative Assembly constituency, Sonitpur district, a large portion of land along with many homes at Bairagi Tila has been swallowed by the river, leaving everyone in a state of panic. Similarly, due to the intense erosion by ...Read More >
Gandhinagar (Gujarat) [India], June 8 (ANI): Gujarat Chief Minister Bhupendra Patel has begun advanced planning to ensure that if urban roads across the state are severely damaged due to heavy rains during this year's monsoon, resurfacing and repair work can begin without delay. For this purpose, the Chief Minister has approved the allocation of a total grant of Rs 107 crore to 149 municipalities across the state from the Mukhyamantri Shaheri Sadak Yojana, under the Swarnim Jayanti Mukhya Mantri Shaheri Vikas Yojana, according to the release. Also Read | Encroachers Can't Claim Right To Cont ...Read More >
Mumbai: Chief minister Devendra Fadnavis said on Thursday that he held discussions on cabinet expansion with union home minister Amit Shah, party national president J P Nadda, and the party national general secretary B L Santhosh on Wednesday night. Fadnavis was on a two-day visit to Delhi days after being sworn in as chief minister. He met President Draupudi Murmu, PM Narendra Modi, defence minister Rajnath Singh and union road transport minister Nitin Gadkari. He also presented five different ...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 >