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.
Indian motorbike maker Bajaj Auto Ltd. plans to acquire a controlling stake in cash-strapped KTM AG and has lined up a debt funding package of as much as €800 million ($907 million) that will save the Austrian company from bankruptcy. Bajaj Auto has already infused €200 million of debt support in the maker of MotoGP bikes, and will deploy the remaining amount ahead of a deadline to repay creditors, it said in a filing to exchanges in Mumbai Thursday. The funding package includes a €450 million secured term loan to KTM and €150 million in convertible bonds issued by parent Pierer Bajaj AG.
New Delhi: India's electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics. Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registrations. Passenger electric three-wheeler (E3W) sales stood at 51,698 units in June, showing a 7 per cen ...Read More >
Suzuki Motorcycles India Pvt Ltd (SMIPL) is going to renew its presence in the 125 cc scooter segment with the launch of the new Burgman Street. This follows the launch of Avenis last year and is expected to include multiple design updates. Before the official event, the brand teased the upcoming model on social media. The short clips released by the brand give a glimpse of the design of the upcoming model. New Suzuki Burgman Street: Design Based on the teaser, the new Suzuki Burgman Street wil ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth Office mentioned in a letter that the Indian govt had sought British advice over a plan to remove Si ...Read More >
Pune (Maharashtra) [India], October 27 (ANI): The Indian Supercross Racing League (ISRL) Season 2 roared to an electrifying start as Round 1 concluded at the Shree Shiv Chhatrapati Sports Complex in Balewadi, Pune, with home team BB Racing emerging as the overall winner of the night. The opening race weekend of the world's first franchise-based Supercross league delivered non-stop thrills and intense racing action, as a packed stadium with thousands of spectators witnessed global and Indian riders battle it out under the lights, according to a release from ISRL. Also Read | Shafali Verma Rep ...Read More >
New Delhi, Apr 7 (PTI) Total electric vehicle retail sales in India grew by 24.6 per cent at 24.52 lakh units in FY26 as compared to the previous fiscal, with every category delivering strong double-digit growth, Federation of Automobile Dealers Associations said on Tuesday. While electric two-wheelers crossed 14 lakh units, electric passenger vehicle retail sales missed the 2 lakh units by a whisker but surged 83.63 per cent in FY26, FADA said in a statement. "FY'26 has been a watershed year for India's electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger ...Read More >
Mumbai: A swelling supply glut of ethanol is forcing policymakers and industry to look beyond car and two-wheelers to spur consumption of the renewable fuel. This includes ethanol-powered cooking stoves and diesel blends to generators and flex-fuel vehicles. Pilot projects are already starting to unfold. Ethanol-based cooking stoves are being tested as a cleaner household alternative, while blending the biofuel with diesel and using it in backup generators is under discussion. Early trials are also being run of ethanol-blended diesel buses of Karnataka State Road Transport Corporation to asc ...Read More >
Bengaluru (Karnataka) [India], July 18 (ANI): Reacting to Bihar Chief Minister Nitish Kumar announcement of free electricity up to 125 units, Karnataka Deputy Chief Minister DK Shivakumar said that whatever schemes the Congress party is giving in Karnataka, the entire country is following it. Speaking to the media, Shivakumar emphasised that in the entire country, Congress Party has stood for the welfare of the people. After independence, till today, whenever the Congress Party is in power, either in the Central or state government, it has given various schemes, such as pension, woman and ch ...Read More >
New Delhi [India], July 1 (ANI): Bajaj Auto Limited reported nearly flat total sales for June 2025 on a year-on-year basis, as gains in the commercial vehicle segment balanced the dip in two-wheeler sales. The two-wheeler segment recorded a 2 per cent YoY decline, falling to 2,98,484 units in June 2025 from 3,03,646 units in June 2024. Domestic sales dipped 16 per cent, but exports rose by 18 per cent, reflecting a shift in market dynamics. Additionally, from the period of April to June 2025, the total vehicle sales were at 11,11,237. Among the total sales, 6,34,808 and 4,76,429 were domestic ...Read More >
1. India: New strategy on FX volatility The Indian Respondents' Bank (RBI) is allowing more volatility on the USD/INR exchange rate, prompting many companies to hedge with forward contracts. This is the highest level of coverage since 2020. We thank in advance our Official Broker Partner PEPPERSTONE who supported us in writing this article. FX Impact: Potential weakening of the rupee in the short term, but increased stability in the medium-long term. Volatility on USD/INR, EUR/INR, JPY/INR ? opportunities for carry trades and short-term shorts if the dollar strengthens. 2. Australia hit ...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 >
India's Ministry of Heavy Industries (MHI) has announced two amendments to the PM E-Drive scheme launched in October 2024, including a two-year extension for selected vehicle categories and infrastructure measures. The ministry has extended the scheme's deadline from 31 March 2026 to 31 March 2028. The original end date remains in place for electric two-wheelers, electric rickshaws and carts, and electric three-wheelers (L5 category). Subsidies will continue for an additional two years only for electric ambulances, electric buses, electric trucks and other emerging EV types, along with public ...Read More >
New Delhi, December 17: Bajaj Pulsar 220F, a new street bike, has been launched in India by Bajaj Auto. The new motorcycle comes with various upgrades that allows the users to experience smooth riding in the city and on the highway roads. Bajaj Pulsar series is known for their performance for years and with additional of this dual-channel ABS model in India with improved safety and same semi-faired design. 2026 Bajaj Pulsar 220F price in India starts at INR 1.28 lakh (ex-showroom). The hardware of the bike remains the same along with the presence in the 200cc segment. The Pulsar 220F now carr ...Read More >
* Bajaj Auto relaunched the Pulsar 180 in India at Rs 1.22 lakh ex-showroom * The 2026 model retains the 178.61cc engine with 16.77bhp and 15Nm torque * Design updates include blacked-out paint and carbon-fiber-style front mudguards Did our AI summary help? Let us know. Switch To Beeps Mode Bajaj Auto has reintroduced one of the most recognisable names in its performance commuter lineup with the launch of the Pulsar 180 in India at Rs 1.22 lakh (ex-showroom). While the motorcycle is not ent ...Read More >
New Delhi, Apr 3 (PTI) Bajaj Auto Ltd on Friday reported a 20 per cent rise in total sales at 4,45,377 units in March as compared to 3,69,823 units in the same month last year. Total domestic sales were at 2,66,290 units last month as against 2,21,474 units in the year-ago period, up 20 per cent, Bajaj Auto Ltd said in a regulatory filing. Two-wheeler sales in the domestic market were at 2,21,021 units as against 1,83,659 units in March 2025, registering a growth of 20 per cent, it added. Exports of two-wheelers were up 21 per cent at 1,59,452 units last month as compared to 1,32,073 units ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with natural-voice AI agents and deployed end-to-end social media pipelines capable of scaling global brand ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
India is pressing multilateral development banks (MDBs) to lend more in Japanese yen and Indian rupees in an attempt to reduce borrowing costs and manage exchange rate risks more effectively, two officials aware of the matter said. New Delhi has steadily expanded loans and official development assistance (ODA) in yen to gain from ultra-low interest rates and the rupee's appreciation against the Japanese currency. Many of these loans finance infrastructure and development projects. "Yen rates remain close to zero, and with the rupee having appreciated significantly against the yen since early ...Read More >
The Indian Supercross Racing League (ISRL) Season 2 began with an electrifying start as Round 1 concluded at the Shree Shiv Chhatrapati Sports Complex in Balewadi, Pune. Home team BB Racing emerged as the overall winner of the night. The opening race weekend of the world's first franchise-based Supercross league delivered non-stop thrills and intense racing action, with thousands of spectators witnessing global and Indian riders battle it out under the lights. BB Racing Team claimed the top spot ...Read More >
NEW DELHI: India's electric vehicles sales crossed a record 20 lakh-unit mark for the first time, as significant numbers in two- and three-wheelers and growing volumes in cars added strength to the greens.According to retail sales numbers released by Federation of Automobile Dealers' Association (FADA), a total of 24.5 lakh units of EVs were sold in FY26 against 19.6 lakh units in the previous fiscal, registering a growth of around 25%.A large part of the volumes came in from two-wheelers, led by brands such as TVS, Bajaj Auto, and Ather. A total of 14 lakh electric two-wheelers were sold in F ...Read More >
Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat leading with a ₹14,600 crore offer, inclusive of the disputed land parcel. However, if the land issue r ...Read More >
The Indian Supercross Racing League (ISRL) Season 2 roared to an electrifying start as Round 1 concluded at Pune with home team BB Racing emerging as the overall winner of the night. The opening race weekend of the world's first franchise-based Supercross league delivered non-stop thrills and intense racing action, as packed stadium with thousands of spectators witnessed global and Indian riders battle it out under the lights. The season opener saw BB Racing Team take the top spot in the team standings, setting the tone for a fiercely competitive season ahead. In the 450cc International Class ...Read More >
Mumbai: Bajaj Auto closed FY26 on a strong note, with March sales reflecting broad-based momentum across segments as exports continued to outpace domestic growth. Sales Jump Across Segments The company's total sales rose to 4,45,377 units in March 2026 from 3,69,823 units a year earlier, registering a 20 percent increase. Growth was evenly spread, with domestic sales climbing 20 percent to 2,66,290 units, while exports grew slightly faster at 21 percent to 1,79,087 units. This balanced expansion signals resilient demand both within India and in overseas markets, reinforcing Bajaj Auto's dua ...Read More >
New Delhi, July 5: Bajaj Auto has launched the updated 2025 versions of the Bajaj Dominar 400 and Bajaj Dominar 250 motorcycles in India. Both models come with enhancements to improve touring comfort and riding experience. The bikes now feature new electronics and new design features. Bajaj has also included advanced features like ride-by-wire technology on the Dominar 400 and ABS modes on the Dominar 250. The 2025 Bajaj Dominar models are equipped with several upgrades. Both bikes now come with a bonded glass speedometer and an integrated speedo flap. Riders will also find a redesigned handl ...Read More >
Bhagalpur: Tight security arrangements have been made across Bhagalpur district for Muharram. The district administration has prohibited playing of disc jockey (DJ) and displaying of banned weapons during the Muharram processions, in view of the district being a communally sensitive. Magistrates and static police forces have been deployed at 416 places and police patrolling has been intensified in different areas under the supervision of SHOs of police stations in the district."Ten control rooms have been set up to monitor the police patrolling and disseminating information during the three-da ...Read More >
KTM India has started its Service on Wheels (SOW) on the Leh Circuit. This is aimed at bringing peace of mind and support to the owners of the brand riding in the mountains 12,500 feet above sea level. Specifically, the moving service centre will cover the Manali-Keylong-Jispa-Sarchu route. The KTM Service on Wheels will operate between Jispa and Sarchu, providing prompt assistance to customers in these remote areas. The brand already maintains a presence at various locations with service outlets in Bhuntar, Manali, Keylong, and Leh. Additionally, the manufacturer has a comprehensive 3S (sale ...Read More >
Industry 1 min read Yamaha India hosts 3S Grand Prix 2024-25 to champion dealership excellence To support this initiative, Yamaha also runs the Yamaha Motor Academy (YMA), a global training program aimed at developing dealership staff into professionals who deliver expert service and premium customer engagement. India Yamaha Motor Pvt. Ltd. (IYM) successfully held the Yamaha National 3S Grand Prix 2024-25, a skill-based competition that celebrates the dedication and expertise of its dealership ...Read More >
New Delhi: What began as a night of revelry turned into a misguided act of thrill-seeking and crime. Garvit Sharma (25), a BCA graduate, Prashant Kumar (22), a B.Tech graduate, and Aniket (23), who holds an MCA degree, had been close friends since their college days. On June 26, after consuming alcohol, the trio hatched a reckless plan -- to impersonate police officers and steal a motorcycle.Their target was Amarpal Singh, a security guard riding his Hero Splendor motorcycle near the Mahipalpur underpass. Garvit blocked Singh's path while the others posed as police officers, falsely accusing h ...Read More >
New Delhi [India], July 1 (ANI): Bajaj Auto Limited reported nearly flat total sales for June 2025 on a year-on-year basis, as gains in the commercial vehicle segment balanced the dip in two-wheeler sales. The two-wheeler segment recorded a 2 per cent YoY decline, falling to 2,98,484 units in June 2025 from 3,03,646 units in June 2024. Domestic sales dipped 16 per cent, but exports rose by 18 per cent, reflecting a shift in market dynamics. Additionally, from the period of April to June 2025, the total vehicle sales were at 11,11,237. Among the total sales, 6,34,808 and 4,76,429 were domestic ...Read More >
On the other hand, Bengaluru led home sales with 17991 units, followed by Pune with 16144 units and Thane with 15959 units. "Housing sales continued to moderate in the first quarter of 2026, with Delhi-NCR and Bengaluru emerging as outliers. This reduction is due to low supply across most cities. Close to 22,000 fewer units were supplied in Q1 2026 as compared to the same period last year," Samir Jasuja, founder and CEO, PropEquity, said. While Bengaluru led with 17,991 units sold, followed by ...Read More >
Hyderabad, Dec 4 (PTI) Electric two-wheeler manufacturer PURE EV announced plans on Wednesday to expand its dealership network to over 320 outlets across India by mid-2027. The company plans to launch PuREPower in 2025, leveraging its vehicle battery and powertrain platform. Also Read | Why Is Maharashtra Assembly Winter Session Held in Nagpur? Know History and Reason Behind Nagpur Being State's Winter Capital. "Over the next 30 months, we aim to add 250 new dealerships, expanding our network to over 320 across India. This growth will be fueled by increasing demand for long-range scooters, ...Read More >