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.
Shares in Pets at Home rallied on Tuesday, after the retail and veterinary group confirmed annual profits would meet guidance. Updating on year-end trading, the pet care specialist said its retail turnaround plan was on track across its four priorities of product, price, execution and cost. It continued: "We have implemented our price investments and completed our £20m group overhead savings, and while the benefits of many initiatives still lie ahead of us, we are encouraged by the progress ma
New Delhi: Electric vehicle maker Kinetic Green on Friday said it plans to expand its business with the launch of three e-scooters over the next 18 months. The first of the three new products is expected to be launched around the festive season this year, the Pune-based firm said in a statement. Kinetic Green has partnered with Italy's Torino Design to co-create a new range of ultra-futuristic scooters, it added. "Having sold over 80,000 E2Ws in this initial phase, created a strong manufacturing infrastructure and a network of 400 exclusive dealers for E2W in the country, we are ready to agg ...Read More >
[NEW DELHI, Sept 15 (Reuters) - Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery purchases, outweighing modest gains in investment demand. Weaker demand in the world's second-largest gold consumer could limit a rally in global prices, which hit a record high last week. But sluggish demand for gold imports could limit India's trade deficit and support the rupee. Local gold prices, which scaled a record peak of 109,840 rupees (S$1,597.68) per 10 grams last week, have risen 42 per cent year-to-date, after gainin ...Read More >
Mumbai (Maharashtra) [India], September 30: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART) a diversified retail and food processing company, today announced the opening of its 46th store - Patel's R Mart - in Kalyan. Located in the Yogi Dham area, this marks the company's 7th store in Kalyan, further consolidating its presence in one of the region's fastest-growing suburban markets. Also Read | Bihar SIR Final Electoral Roll Released on voters.eci.gov.in; Know How To Check Your Name in Voter List. The Kalyan store is designed to serve the rapidly growing residential communities in and ...Read More >
Mumbai (Maharashtra) [India], September 30: Lumina Datamatics, a strategic partner to global publishers and eCommerce retailers, is delighted to announce that it has been recognized as one of the Most Preferred Workplaces for Women 2025-26 by Marksmen Daily at the 2nd Edition of the Most Preferred Workplaces in IT, ITES & Women Awards 2025-26. The award ceremony was held on September 26, 2025, at Novotel Mumbai. Also Read | Will Lionel Messi Play Tonight in Inter Miami vs Chicago Fire MLS 2025 Match? Here's the Possibility of LM10 Featuring in Starting XI. This prestigious recognition highli ...Read More >
Mumbai : TenderCuts, India's first omnichannel fresh meat and seafood brand, has raised USD 2 million through debt from Lakme Finance. The raise follows the company's transition to profitability, making TenderCuts the first organised player in the fresh meat and seafood category in India to achieve positive EBITDA at both the store and consolidated levels. Founded on an omnichannel model that integrates neighbourhood retail with digital convenience, TenderCuts has, from its inception, focused on building a structured and scalable fresh meat and seafood ecosystem. The current fund raise comes ...Read More >
MUMBAI, India, April 2, 2026 /PRNewswire/ -- Lumina Datamatics, a trusted partner in providing Content Services, Retail Support Services, and Technology Solutions to global companies, is pleased to announce that its subsidiary, TNQTech, has been certified as a Great Place to Work®, marking an important milestone in its journey towards building a people-centric, high-performance workplace culture. The certification reflects TNQTech's continued focus on fostering an environment that values collaboration, innovation, and professional growth. This recognition highlights the positive workplace exp ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russian oil imports is way less than exaggerated media numbers," brokerage CLSA said in a report. While ...Read More >
India's Food and Beverage (F&B) sector has become a key driver of retail real estate growth, recording about 4 million sq ft of leasing across seven major cities since the last two years. Bengaluru led the trend, accounting for nearly one-third of this activity. In response to strong demand, developers plan to allocate up to 25% of space in upcoming destination malls to F&B. By 2028, around 6 million sq ft of F&B space is expected to come up across the top seven cities, a report by JLL India has said. Mumbai and Delhi NCR, alongside Bengaluru, form the trinity driving two-thirds of the nation ...Read More >
Mumbai: Tata Capital, among the top three diversified financial services companies owned by India's largest conglomerate, will consider a fresh round of dilution in equity only after two-and-a-half to three years, a top official at the Tata Group entity said. The proposed ₹15,512-crore IPO, which will open for subscription early next week, will result in an 11.21% dilution in the promoter's stake. Tata Group owns 95.8% in the company, and of this Tata Sons holds 88% stake. The proposed IPO is the largest from the Tata group to date. "The capital we raise and the profits we will earn will sup ...Read More >
New Delhi, Feb 23 (SocialNews.XYZ) Around 70 per cent of jobs in India are hosted in non‑metro India, with Tier‑3 cities alone accounting for 40 per cent of employment and Tier‑2 hubs a further 29 per cent compared with 31 per cent in Tier‑1 cities, a report said on Monday. The staffing firm Quess Corp said in the report that The BFSI & Manufacturing sectors contribute to over 45 per cent of workforce from Tier 3 towns, while retail contributes 33 per cent. These opportunities are concentrated around fast‑growing centres such as Coimbatore, Indore, Surat, Vadodara, Noida, and Lucknow, where ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
Mumbai :- Lumina Datamatics, a trusted partner in providing Content Services, Retail Support Services, and Technology Solutions to global companies, is pleased to announce that its subsidiary, TNQTech, has been certified as a Great Place to Work®, marking an important milestone in its journey towards building a people-centric, high-performance workplace culture. The certification reflects TNQTech's continued focus on fostering an environment that values collaboration, innovation, and professional growth. This recognition highlights the positive workplace experiences shared by its employees. ...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 >
Mumbai (Maharashtra) [India], July 18 (ANI): Reliance Industries Limited on Friday reported its April-June quarter gross Revenue increased by 6.0 per cent year on year to Rs 273,252 crore. Coming to Jio Platforms, a subsidiary, the revenue increased by 18.8 per cent due to strong subscriber growth across mobility and homes, increased consumption and sustained positive momentum in digital services. Also Read | WCL 2025 Points Table Updated With Net Run Rate: Check Latest Team Standings and Leaderboard of World Championship of Legends Season Two. Reliance Retail Ventures reported its revenue ...Read More >
IKEA India anticipates significant growth in the next three decades, driven by India's economic expansion and a burgeoning young consumer base. The company is expanding its omnichannel strategy with city stores and aims to increase local sourcing to 50% in five years. Swedish home décor and furniture giant IKEA expects India to deliver sustained growth over the next 30 years, buoyed by the country's strong economic trajectory, young population and expanding base of consumption-driven families. ...Read More >
New Delhi, Aug 26 (PTI) India's Real Estate Investment Trust (REIT) market is gaining momentum with nearly 140 million sq ft of office and retail real estate already in the portfolio of five trusts listed on stock exchanges, according to Colliers India. Real estate consultant Colliers India noted that the REIT market in India is "steadily progressing from a 'nascent' to 'early growth' stage. Stating that around 500 million sq ft of office assets are REIT-worthy, the consultant said the four listed office REITs currently encompass close to 133 million sq ft of Grade A office space. "Addition ...Read More >
Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive season, which typically drives the highest annual consumer spending in India. "It is a great start to ...Read More >
At a valuation of ₹3.2 lakh crore, Deepinder Goyal of Eternal (formerly Zomato Ltd) has topped the list of self-made entrepreneur in the IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2025. Eternal's valuation has gone up by 27% from last year's report. Radhakishan Damani of Avenue Supermarts (DMart), last year's No. 1, has slipped to second place with a valuation of ₹3 lakh crore, down 13% from last year. Estranged co-founders Rahul Bhatia and Rakesh Ga ...Read More >
Bengaluru: Wipro's revenue declined by 2.3% in constant currency during the June quarter, though the drop remained within its projected guidance range of -3.5% to -1.5%."We started the quarter facing significant macro uncertainty, which kept overall demand muted. Our clients prioritised initiatives with immediate impact, focusing on cost optimisation and vendor consolidation. At the same time, they accelerated their AI, data, and modernisation programs. We saw a clear trend of many AI projects moving to scale and production," said Wipro CEO Srini Pallia.Operating margins fell to 17.3% in the J ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in a civil dispute between the parties by filing a first information report and seeking the help of the ...Read More >
New Delhi [India] August 4 (ANI): The shareholding landscape of India Inc. witnessed a significant shift in the June 2025 quarter, with private promoter ownership plunging to an 8-year low while Domestic Institutional Investors (DIIs) surged to an all-time high, according to Primeinfobase, a division of PRIME Database Group. Private promoter holding in NSE-listed companies fell to 40.58 per cent as on June 30, 2025, down from 40.81 per cent in the previous quarter. This marks the lowest level since September 2017. The drop translated to a net sell value of Rs 54,732 crore. Over the last thre ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
DESRI has inaugurated a new capability centre at RMZ Nexity, Hyderabad, to strengthen its global operations. The new office leverages India's skilled talent pool and includes state-of-the-art facilities to foster collaboration. This milestone emphasizes DESRI's commitment to operational excellence and employee well-being. DESRI, a leading figure in renewable energy investments, has inaugurated a cutting-edge capability centre at RMZ Nexity in Hyderabad. This strategic expansion underscores DESRI ...Read More >
New Delhi: Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, PayNearby will file its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi, he added. The company reported a gross revenue of about Rs 300 crore and earned a profit of 12 crore in FY25. The co ...Read More >
Mumbai (Maharashtra) [India], September 30: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART) a diversified retail and food processing company, today announced the opening of its 46th store - Patel R Mart - in Kalyan. Located in the Yogi Dham area, this marks the company 7th store in Kalyan, further consolidating its presence in one of the region fastest-growing suburban markets. The Kalyan store is designed to serve the rapidly growing residential communities in and around Yogi Dham, the outlet offers customers easy access to a wide range of household essentials, fresh produce, and grocer ...Read More >
New Delhi, Oct 10 (SocialNews.XYZ) The mutual fund industry maintained its growth momentum in September, with total assets rising to Rs 75.61 lakh crore despite temporary outflows linked to advance tax payments, Venkat N Chalasani, Chief Executive, the Association of Mutual Funds in India (AMFI) said on Friday. Equity funds witnessed positive inflows for the 55th consecutive month, reflecting investors' confidence in equities as a long-term asset class. "SIPs reached a new milestone with record monthly contribution of Rs 29,361 crore and 9.25 crore active accounts, reaffirming retail investo ...Read More >
NewsVoir Gurugram (Haryana) [India], October 16: When Vingroup, the largest private conglomerate in Vietnam, launched VinMetal in September 2025, it made clear that this was about more than steel. The company is investing about 380 million dollars to produce construction steel and high-strength alloys. Its first customers will be within the group itself, supplying projects for Vinhomes and VinFast. Over time, VinMetal will also target major infrastructure works and exports. "VinMetal is not just a steel plant," said Nguyen Viet Quang, Vingroup's vice Chairman and CEO. "It represents a strateg ...Read More >
Delhi's Khan Market has slipped to 24th globally in expensive retail locations, though it remains India's priciest high street. London's New Bond Street now leads the world. Indian high streets show remarkable resilience, attracting brands due to rising affluence and limited mall supply, driving significant rental growth in cities like Gurugram and New Delhi. Delhi's upscale Khan Market rank slipped one notch to 24th in a global list of the most expensive high-street retail locations, with an an ...Read More >
New Delhi, June 29 (SocialNews.XYZ) The Indian retail sector, currently valued at $900 billion, is showing signs of strong recovery and is expected to grow at a faster pace in the coming months, according to the Retailers' Association of India (RAI). The sector, which is currently growing at a rate of 5 per cent, is likely to soon pick up speed and reach a growth rate of 9 to 10 per cent. RAI's CEO Kumar Rajagopalan said that right after the pandemic, the retail sector had bounced back strongly with a 20 per cent growth rate. "However, in the last one year, the growth slowed down to around ...Read More >