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.
Himachal Pradesh Power Corporation Limited (HPPCL) has issued a Notice Inviting Tender (NIT) for the development of a solar-plus-storage project in Solan, Himachal Pradesh. The tender, released on March 31, 2026, invites bids through a national open competitive e-tendering process. The project, titled Dabhota-I Solar Power Project, will comprise a 9 MW (AC) solar photovoltaic plant integrated with a 3.15 MW / 6.3 MWh Battery Energy Storage System (BESS). Designed as a hybrid renewable energy project, it aims to enhance grid stability and ensure efficient power management through storage-backed generation. The selected bidder will execute the project on a turnkey EPC basis, covering design, engineering, procurement, construction, testing, commissioning, and grid integration. The scope also includes comprehensive operation and maintenance (O&M) services for a period of 15 years. The bidding process will follow a single-stage, two-envelope system with an e-reverse auction mechanism. Developers must meet specified financial and technical eligibility criteria to qualify for participation. This tender underscores HPPCL's continued push toward integrating renewable energy with storage solutions in India's evolving power landscape.
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
CHENNAI: Hyundai Motor Group has partnered with three Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes are IIT Madras, IIT Delhi and IIT Bombay. The Hyundai Centre of Excellence (CoE), which will be set up on IIT Delhi campus, will operate through sponsorships from Hyundai Motor Group. The primary objective of the Hyundai CoE is to take the lead in driving advancements in batteries and electrification, specifically designed to meet the unique requirements of the Indian market. Hyundai Mo ...Read More >
Speaking at IIT Bombay's Techfest 2024, Mr Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting. India cannot stay out of global technological race, said Jeet Adani. Mumbai: India cannot stay out of global technological race and should build capabilities that will keep it at the top while remaining vigilant against its misuse, said Jeet Adani, Director, Adani Airport Holdings Ltd. Speaking at IIT Bombay's Techfest ...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 >
New Delhi, June 2: The Hero Vida VX2 electric scooter has been launched in India at a starting price of INR 59,490 (ex-showroom) for Go Variant with BaaS. The Hero VX2 Plus variant starts at INR 64,990 with BaaS. Vida VX2 is the most affordable e-scooter launched by Hero MotoCorp in its Vida series. However, the Indian two-wheeler company only offers the Hero Vida VX2 e-scooter at the INR 59k price, i.e., without including the battery. Interested customers can opt for a battery subscription module. As a part of Hero MotorCorp's BaaS (battery-as-a-service), customers must subscribe to battery ...Read More >
Srinagar: Before towering cranes and cutting-edge engineering transformed the Himalayan landscape, the monumental dream of connecting "Kashmir to Kanyakumari" by rail began with the plodding footsteps of humble mules. This extraordinary backstory underpins the official realization of the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated by Prime Minister Narendra Modi on June 6, 2025, a project crowned by the awe-inspiring Chenab Bridge. According to Afcons Infrastructure Limited, the company behind the Chenab Bridge, the earliest and most formidable hurdle wasn't just the design of ...Read More >
Mumbai, Jun 8 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Sunday said Congress MP Rahul Gandhi, instead of introspecting on the defeat in the 2024 state assembly polls, has been repudiating the mandate given by the people because they rejected him. The leader of opposition in the Lok Sabha is preparing his excuses for future defeats in the upcoming assembly elections, including Bihar, Fadnavis said in his articles published in the Indian Express and Marathi daily Loksatta. On Saturday, Gandhi, in an article published in several newspapers and in posts on X, claimed the 2024 Maharas ...Read More >
New Delhi, June 27 (SocialNews.XYZ) Showcasing resilient economy amid robust policies, the collective brand value of the top 100 Indian companies reached $236.5 billion in 2025 to date, according to a new report. The 'Brand Finance India 100 2025' ranking results remain stable, reflecting a year of steady gains for major Indian brands across sectors. Tata Group has once again secured its position as India's most valuable brand ranked by becoming the first Indian brand to cross the $30 billion threshold. Its brand value is up 10 per cent to $31.6 billion. As the second most valuable Indian b ...Read More >
Bengaluru, June 27 (SocialNews.XYZ) Union Minister for New and Renewable Energy Pralhad Joshi on Friday said that Prime Minister Narendra Modi-led government is planning to roll out an additional Rs 5,400 crore as viability gap funding to support the setting up of 30 GWh of battery storage systems in the country. "This is over and above the Rs 3,700 crore already being given under the existing VGF scheme, through which 13.2 GWh of BESS projects are already being implemented," the minister explained. The minister was speaking at the inauguration of one of India's largest Battery Energy Storag ...Read More >
Bihar State Power Generation Company Limited (BSPGCL) has completed the auction for its standalone Battery Energy Storage System (BESS) project with a total capacity of 125 MW / 500 MWh. The auction was conducted under a Tariff-Based Competitive Bidding (TBCB) process to promote the development of energy storage infrastructure in the state. The tender was initially floated in March 2025 and invited bids for the development of a 500 MWh standalone BESS. A minimum project size of 20 MWh was required for participation. A total of six companies emerged as winners in the auction. Barbrik Projects ...Read More >
Bihar's infrastructure has seen a 15-fold increase in data consumption over the past five years. Road density is now the third highest in India, electricity generation has increased tenfold, and IT parks and data centers are being developed. Numerous bridges and expanded rail lines are improving connectivity and boosting trade.Bihar has seen a 15-fold jump in data consumption in the last five years as the state goes big on developing infrastructure, investing in connectivity and building rail 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 >
Ahmedabad (Gujarat) [India], June 30 (ANI): Adani Green Energy Limited (AGEL) has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW. According to the Adani group, this accomplishment marks the fastest and largest capacity addition in India to date. The operational portfolio includes ~11,005.5 MW of solar, ~1,977.8 MW of wind, and ~2,556.6 MW of wind-solar hybrid capacity. Also Read | TikTok Deal To Be Announced Soon in US? Donald Trump Says He Has Found a Group of 'Very Wealthy People' To Buy ByteDance-Owned App, I ...Read More >
India's NTPC (previously the National Thermal Power Corporation) has launched its first 160 megawatt hours (MWh) CO₂ battery energy storage project, to be developed by Triveni Turbine and its energy partner Energy Dome. The project will be executed on a turnkey basis at NTPC's Kudgi plant in Karnataka, India. The initiative aligns with NTPC's strategy to diversify its energy portfolio and increase renewable power generation. The adoption of CO₂ battery technology also supports India's "Make in India" and "Atmanirbhar" (self-sufficiency) policies, offering opportunities for the domestic indu ...Read More >
Chennai, June 2025: India Yamaha Motor (IYM) Pvt. Ltd. is proud to commemorate a significant milestone in its manufacturing journey with the completion of 10 years of operations at its Chennai Factory. Reinforcing its role as a critical production base for both domestic and global markets, the company also celebrated the roll-out of its 5 millionth two-wheeler from this state-of-the-art facility -- an Aerox 155 Version S that marked the milestone. Over the past decade, the Chennai plant has become a cornerstone of Yamaha's global operations to serve both Indian customers and export markets. I ...Read More >
Pune : Cummins India Limited ("Cummins"), one of the leading power solutions technology providers, today announced the launch of its Battery Energy Storage Systems (BESS), expanding its sustainable solutions portfolio in line with Destination Zero strategy. This state-of-the-art energy storage solution is designed to support India's clean energy transition and strengthen the reliability of country's power infrastructure. Battery Energy Storage System (BESS) is emerging as reliable and efficient technology for addressing the energy transition requirements of key industries such as manufacturin ...Read More >
New Delhi [India], June 27: OPPO India's recently launched smartphone , the OPPO K13x 5G - toughest 5G smartphone in its segment--is ready to go on sale starting today on the OPPO e-store and Flipkart from 12 PM onwards. Available in two stunning finishes--Midnight Violet and Sunset Peach--the K13x doesn't just survive tough conditions, it stands out with style. It's a device that blends world-class engineering with local manufacturing strength to redefine what's possible under ₹15,000. Durable, dependable, and designed to dazzle--the K13x is built for your grind and styled for your vibe. Als ...Read More >
Bengaluru : INOXGFL Group, one of the leading business Groups in India in the energy transition space, announced today that Inox Clean Energy Limited's renewable independent power producer (RE IPP) arm, Inox Neo Energies Private Limited, has completed the acquisition of Skypower Solar India Private Limited, which has a portfolio comprising 50 MW (AC) / 57.5 MW (DC) of solar power assets located in Madhya Pradesh. The transaction values the asset at an enterprise value of ~Rs 265 crores, translating into a trailing EV/EBITDA multiple of ~ 5.3x. The 50 MW (AC) / 57.5 MW (DC) solar project, comm ...Read More >
Mumbai, July 3, 2025: Tata Power Renewable Energy Limited (TPREL), one of India's largest renewable energy companies and a part of The Tata Power Company Limited, has commissioned 752 MW of solar projects in the first quarter of FY26. This marks a record addition, rising 112% from 354 MW in the first quarter of FY25. TPREL's EPC project installations showcase effective execution, careful project management, and a strong focus on quality and safety. Using modern engineering practices, TPREL has continually delivered projects, even in tough conditions. The strong supply chain, flexible executio ...Read More >
New Delhi, July 7 (PTI) In a move to reduce electricity bills and promote usage of clean energy, the Delhi government has initiated widespread implementation of rooftop solar panel installations across the city under the RESCO model, an official statement said on Monday. Under the RESCO (Renewable Energy Service Company) model, a third-party firm installs, owns and manages solar energy system on a customer's property. The customer makes zero capital investment, and buys power from the firm at lower rates under a power purchase agreement. The initiative is expected to bring down the overall c ...Read More >
Ahmedabad (Gujarat) [India], July 8 (ANI): The Adani Group on Tuesday launched the third film in its #HumKarkeDikhateHain campaign, titled 'Story of Suraj'. This film underscores the group's mission to drive sustainable progress through clean energy initiatives, transforming communities across the nation.The story of Suraj paints a picture of a town transformed by Adani's solar energy solutions. The film follows a character, Rakesh, who returns to his hometown after years and is moved by the dramatic changes brought about by the uninterrupted solar power in the village--thriving agriculture, d ...Read More >
New Delhi, Feb 7 (VOICE) In a testament to the nation's commitment to a cleaner, greener future, India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing its position as a global leader in renewable energy, the government said on Friday.As of January 31, India's total solar capacity installed stands at 100.33 GW, with 84.10 GW under implementation and an additional 47.49 GW under tendering. This remarkable achievement marks a significant step toward realising the ambitious target of 500 GW of non-fossil fuel-based energy capacity by 2030 set ...Read More >
New Delhi [India], June 4 (ANI): To meet the country's ambitious 500 GW target, India's renewable sector will need to double its annual capacity addition to 50 gigawatts (GW) over 2025-2030, S&P Global Ratings said in a report. This will mean almost doubling last year's capacity addition of 29GW. The global rating agency said capacity addition will require USD 175 billion and up to USD 150 billion for the expansion and strengthening of the transmission and distribution network. The next five years will be crucial as the country strives to meet its target of 500GW renewable capacity by 2030. ...Read More >
New Delhi, Jun 6 (PTI) Almost every manufacturer in India, across various segments covered in a survey, has either invested in artificial intelligence and machine learning technology or is planning to do so, a senior officer from Rockwell Automation said on Friday. While sharing details of the survey, Rockwell Automation India Managing Director Dilip Sawhney told PTI that in a survey on smart manufacturing conducted two years ago, about two-thirds of organisations said they would either have already invested in AI or planned to do so in the next 12 months or thereafter. This figure crossed th ...Read More >
Each year, The Washington Post surveys thousands of employees across the D.C. region, recognizing companies that stand out for leadership, work-life balance, and commitment to their people. In 2025, only 96 organizations earned a spot on the list, representing the best in finance, technology, healthcare, and beyond. DCS is a fast-growing Salesforce consultancy that's made its mark by combining technical expertise with a people-first approach. DCS has worked with hundreds of clients across variou ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...Read More >
NEW DELHI: Adani Green Energy Limited (AGEL) on Monday announced it has surpassed 15,000 megawatts (MW) of operational renewable energy capacity, reaching a total of 15,539.9 MW. The company said its operational portfolio includes approximately 11,005.5 MW of solar, 1,977.8 MW of wind, and 2,556.6 MW of wind-solar hybrid capacity. "Surpassing the 15,000 MW milestone is a moment of immense pride," said Ashish Khanna, CEO of AGEL. "This achievement is a testament to our team's relentless focus and execution. It would not have been possible without visionary leadership, and the support of our ...Read More >
Mumbai (Maharashtra) [India], July 7: Smarten Power System Limited (The Company, Smarten) is engaged into designing and assembling of power back-up and solar power products, proposes to open its Initial Public Offering on Monday, July 07, 2025, aiming to raise ₹ 50.00 crores, with shares to be listed on the NSE Emerge platform. The issue will close on Wednesday, July 09, 2025. Also Read | Kannada Actress Bhavana Ramanna Announces Pregnancy at 40, Shares Father's Reaction to Her Decision To Have Twins Without Getting Married. The issue size is 50,00,400 equity shares at a face value of ₹ 10 e ...Read More >
he Australian government claimed on Thursday that the country is on track to meet its 2030 emissions reduction target, with new figures showing improved projections. In an annual climate change statement delivered to parliament, Minister for Climate Change and Energy Chris Bowen announced that Australia is projected to cut its greenhouse gas emissions by 42.6 per cent from 2005 levels by 2030 -- up from the 37-per cent cut projected in 2023.The government has committed to cutting Australia's emissions by 43 percent from 2005 levels by 2030, Xinhua news agency reported. "Our robust reforms an ...Read More >
PNN New Delhi [India], December 12: In the 21st century, the world is going green in phases, and therefore using renewable sources of energy isn't going to harm the environment, but it's going to benefit your pocket. On average, the IEA has anticipated an increase of renewable energy sources' capacity by 75% from 2022 to 2027, spearheaded by solar and wind energy. Renewable energy investment is already at more than $50 billion annually in the United States. It is projected to climb even higher as federal incentives such as the Inflation Reduction Act push this sector forward. To the industr ...Read More >