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.
Investing.com -- South Korea's leading chipmakers are set to benefit from a powerful upswing in AI-driven memory demand, but will need to adapt their strategies to sustain gains, according to a Barclays note. The rise of artificial intelligence is rapidly increasing demand for high-performance memory, particularly high-bandwidth memory (HBM), which is critical for AI servers and data centers. Samsung Electronics Co Ltd DRC (LON:0593xq) and SK Hynix Inc (KS:000660), two of the world's largest mem
New Delhi, Dec 3 (VOICE) White collar hiring in India grew 6 per cent in the festive season (October and November), driven by strong growths in key non-IT sectors, a report showed on Tuesday.The sectors like Oil and Gas (+16 per cent), Pharma/Biotech (+7 per cent), FMCG (+7 per cent), and real estate (+10 per cent), alongside sustained momentum in emerging domains like AI/ML (+30 per cent) and global capability centres (+11 per cent), according to Naukri JobSpeak Index. While the IT sector has historically been a dominant force in fresher hiring, the current trend shows a significant upsurge ...Read More >
Software-as-a-Service (SaaS) major Zoho Corporation has launched Zia LLM, its proprietary large language model (LLM) tailored for enterprise use. Zia LLM comes in three model sizes, 1.3 billion, 2.6 billion, and 7 billion parameters, designed to deliver contextual, domain-specific intelligence while ensuring data privacy. The model is built using Nvidia's H100s. "We have been investing on contextual AI model for the past 12 years. We are announcing our model as we are working on full AI stack a ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
AMD sees India as a key market. Reliance Jio is using AMD's GPUs in its data centers. Both companies are working on future plans. AMD aims to support India's sovereign AI capabilities. The company is collaborating with various large players in India. AMD also emphasizes its open ecosystem and collaborative approach.India is a "super important" market for AMD and the largest telco Reliance Jio is among the customers using the graphic processing units (GPUs) in its data centres, a senior official has said. The company, which has around 8,000 employees here, considers India as a key hub from an ...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 >
GURUGRAM : Samsung, India's largest consumer electronics brand, today introduced its 2025 Bespoke AI appliance lineup, built on four distinct consumer benefits: Easy, Care, Save and Secure to enrich and simplify your lives with AI. These experiences are powered by Samsung's new AI Home screen interface, Bixby voice assistant with two-way natural communication, Samsung Knox security, and seamless SmartThings connectivity, delivering hyper-personalized, energy-efficient, and secure smart home solutions for modern Indian households. At the heart of the new lineup is the Bespoke AI Laundry Combo, ...Read More >
New Delhi - Samsung has unveiled the Galaxy Buds Core in India, its first-ever True Wireless Stereo (TWS) earbuds priced under Rs 5,000. With features like Active Noise Cancellation (ANC) and Galaxy AI-powered real-time Interpreter, the Buds Core aims to deliver a flagship-grade audio experience at an affordable price. Designed for everyday use, the Galaxy Buds Core includes dynamic drivers for deep bass and rich sound, triple-mic setup for clear calls, and a secure, comfortable fit for on-the-go listening. Whether it's music, podcasts, or phone calls, Samsung promises crystal-clear performan ...Read More >
CHENNAI: In a move to sharpen India's digital talent edge, Nasscom on Tuesday announced the establishment of a new Talent Council to drive workforce transformation across emerging technologies. The council will guide national skilling priorities in DeepTech, AI, semiconductors, and cybersecurity, besides diving industry-academia collaborations. "This is a critical step in reimagining our talent strategy. India must evolve from being talent-rich to building expert talent that applies technology to innovate enterprise and society," said Sathish HC, chief delivery officer at Infosys, who will c ...Read More >
Bengaluru -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the expansion of its strategic collaboration with Micron Technology, Inc. (NASDAQ: MU), a global leader in memory and storage solutions. This strategic collaboration enables the high-capacity and energy-efficient solutions that hyperscalers require using Micron G9 QLC NAND for future DirectFlash® Module products. The joint effort continues a decade-long initiative of integrating Micron's latest NAND technology with Pure Storage solutions, which ...Read More >
Guwahati (Assam) [India], July 18 (ANI): In adherence to the principle of transparent and merit-based recruitment, Assam Chief Minister Himanta Biswa Sarma on Friday distributed appointment letters to 342 candidates under the Department of Higher (Technical) Education at a ceremony held in the auditorium of Gauhati Medical College. Of these, 236 individuals have been appointed as lecturers - 141 in technical subjects and 95 in non-technical subjects - in the state polytechnic institutions. Additionally, appointment letters were distributed to 85 Senior Instructors to be posted in the state en ...Read More >
Samsung's facing a lot of crises and the company has unable to chart a clear path forward, particularly in the semiconductor market, where its foundry is lagging behind, its next-gen memory products are struggling to compete against SK Hynix, and legacy products are under pressure from Chinese companies. The company does a significant employee reshuffle across the entire organization every year. The process has started a bit earlier this time around as there's very much a sense of urgency to improve things. The reshuffle has reportedly seen some senior executives being fired as well. Samsung ...Read More >
- Renewed homepage of Samyang's industrial water treatment solution brand, 'TRILITE' ... Featuring AI chatbot 'TRIGENT' and Design programs 'TriAngle' - Providing tailored and technical information to the user's queries ... Service available in over 100 languages. - Innovative Water Treatment Design Softwares... Ion Exchange Resin and RO membrane SEOUL, South Korea, Nov. 26, 2024 /PRNewswire/ -- Samyang Corporation (CEO Kang Ho-sung) introduced its new website for its water treatment solutions brand, 'TRILITE' (http://www.samyangtrilite.com), along with the launch of an innovative Artificia ...Read More >
China and Hong Kong stock markets are experiencing a downturn due to rising concerns over the U.S.-China trade war, particularly regarding proposed tariffs and chip sales restrictions. The CSI300 and Shanghai Composite indexes fell, while Hong Kong's Hang Seng Index dropped 1.32%. Investors are wary of potential new restrictions on semiconductor and AI chip exports to China, further exacerbating market uncertainty. The automotive sector, led by BYD, also suffered from intense price competition among Chinese carmakers. Investor sentiment remains cautious, reflecting fears of escalating trade te ...Read More >
Anuj Kumar, Director & CEO of CAMS, highlights that despite recent market corrections, the company expects FY25 to be one of its strongest years. CAMS continues to dominate by winning 70-80% of new bids, focusing on execution and margin expansion, and anticipates significant revenue and profit growth driven by mutual funds and associated business lines.Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as things come back, we should be holding our projections and FY25 should be one of the strongest years in t ...Read More >
Hyderabad: Samsung is preparing to host its annual Galaxy Unpacked event on January 22, 2025, where it is expected to showcase its extended reality (XR) headset in addition to its next-gen flagship Galaxy S series smartphones. The lineup is said to include the Galaxy S25, Galaxy S25+, and Galaxy S25 Ultra. Additionally, we could witness the launch of the highly anticipated Slim variant of the device, which is expected to cost somewhere between the Plus and Ultra models. Samsung Galaxy Unpacked: Timing and where to watch Samsung has confirmed to host the Galaxy Unpacked 2025 in San Jose, Cali ...Read More >
New Delhi [India], February 5 (ANI): Bharatiya Janata Party leader Amit Malviya on Wednesday slammed Leader of Opposition Rahul Gandhi over his 'Make in India' criticism and blamed Congress for 'doing nothing' to prepare India's economy for future even after a decade in power during the United Progressive Alliance (UPA) government from 2004-2014. Malviya said said that the Congress-led UPA continued the "legacy of policy paralysis, rampant cronyism, and complete neglect of industrial growth." "It is good that Rahul Gandhi has finally acknowledged a fact the entire nation already knew--that e ...Read More >
GURUGRAM, India - June, 2025 - Samsung, India's largest consumer electronics brand, today announced an exciting limited-period offer on the flagship Galaxy S25 Ultra. Originally priced starting INR 129999, Galaxy S25 Ultra will be available at just INR 117999. The special price on the Galaxy S25 Ultra includes an instant cashback of INR 12000. Further sweetening the deal for consumers, the Galaxy S25 Ultra is also available with a 24-month no-cost EMI. Consumers seeking enhanced affordability can take advantage of the no-cost EMI starting INR 3278 per month. These special offers give custome ...Read More >
Gandhinagar (Gujarat) [India], June 7 (ANI): Gujarat Chief Minister Bhupendra Patel, while inaugurating the new Development Center of Infosys at GIFT City, reaffirmed the State Government's commitment to advancing the AI industry by implementing artificial intelligence-based systems across the state. He stated that the establishment of an AI Centre of Excellence at GIFT City is aimed at creating a unified platform that brings together solution developers, experts, professionals, and startups under one roof. Also Read | Latur Shocker: Man Kidnaps Woman's Child for Rejecting His Proposal for A ...Read More >
New Delhi, July 1 (UNI) Prime Minister Narendra Modi today lauded the successful completion of 10 years of the Digital India initiative, calling it a historic milestone in the country's journey towards becoming a digitally empowered and technologically advanced society. The Prime Minister shared a thread on X, posted by MyGovIndia, to mark the occasion. He emphasised that the Digital India initiative, launched a decade ago, has significantly impacted the lives of millions and contributed to the nation's growth, particularly in sectors like digital payments, healthcare, and education. In his ...Read More >
New Delhi, Jul 5 (PTI) Reliance Industries Ltd's investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected USD 50 billion increase in the firm's market value, according to Morgan Stanley analysts. The oil-to-telecom-and-retail conglomerate, helmed by billionaire Mukesh Ambani, is gearing up for its next phase of value creation. Also Read | Shillong Teer Results Today, July 05 2025: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai. Currently valued at over USD 240 billion, ...Read More >
Vijayawada, July 6 (UNI) The Municipal Administration and Urban Development Department of Andhra Pradesh government is launching a focused 'smart Mosquito control' programme using Deep Technology to check vector- borne diseases. The Artificial Intelligence-powered Smart Mosquito Surveillance System (SMoSS) will be launched on a pilot basis at 66 locations in six major municipal corporations in the state. SMoSS will primarily safeguard public health by curbing the dreaded mosquito menace and, it will also reduce operational burden on civic staff and cut costs of Urban Local Bodies. Th ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Prime Minister Narendra Modi was welcomed with a special performance of Ram Bhajan at Brasilia's Alvorada Palace besides the grand ceremonial welcome ahead of the official talks with President Luiz Inacio Lula da Silva. External Affairs Ministry spokesperson Randhir Jaiswal took to X to share a 2.48-minute video and wrote: "Upon arrival at the Alvorada Palace in Brasilia ahead of official talks, PM @narendramodi was welcomed with a special performance of 'Ram Bhajan'." In the video, classical singer Meeta Ravindra Kumar Karahe is seen presenting a devotiona ...Read More >
New Delhi, July 17 (SocialNews.XYZ) Worldwide IT spending is expected to total $5.43 trillion in 2025, an increase of 7.9 per cent compared to 2024, a report said on Thursday. While there is a slowdown in business due to the ongoing geopolitical scenario, the spending on AI-oriented infrastructure would lead to spending in the IT sector, Gartner, an IT consultancy firm, forecasted in its recent report. "While there is a business pause on net-new spending due to a spike in global uncertainty, the effect is subsumed by ongoing AI and generative AI (GenAI) digitisation initiatives," said John-D ...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 >
New Delhi [India], July 4 (ANI): New energy, AI infrastructure and funding from existing energy verticals of Reliance Industries Ltd will be key for the Indian conglomerate's next leg of value creation, Morgan Stanley has said in a report. Besides, consumer vertical multiples of Reliance are also supportive for the value creation, multinational investment bank Morgan Stanley said in its July 3 report. Also Read | 'Chakka Jam' in Bihar on July 9: RJD Leader Tejashwi Yadav Announces Mahagathbandhan to Hold Road Blockades in State Against Electoral Rolls Revision. "We see new energy + AI infra ...Read More >
Bengaluru (Karnataka) [India], July 16: Brilyant, a global IT systems integrator and enterprise solutions provider, today announced the acquisition of Sugansa India operations, marking a strategic move to embed Artificial Intelligence (AI) at the core of its future offerings. This acquisition enhances Brilyant capabilities to drive intelligent digital transformation for its enterprise customers across markets. Sugansa, a UK and India-based technology firm known for its advanced AI, ML, and data engineering solutions, has delivered cutting-edge innovation across industries including finance, m ...Read More >
New Delhi, Jun 5 (PTI) India has always led in developer talent and now has a strong opportunity to lead in AI talent, OpenAI Global Chief Strategy Officer (CSO) Jason Kwon said on Thursday as the ChatGPT-maker launched OpenAI Academy in partnership with IndiaAI Mission. In an interview to PTI, Kwon said that India - which has the second largest number of ChatGPT users - is among the most important countries for OpenAI in terms of engagement. India has always had the "ingredients to succeed", he noted. OpenAI, he pointed out, is eyeing partnerships that will help build the future of AI infra ...Read More >
Hyderabad: Samsung has officially launched the Samsung Galaxy M36 5G smartphone in India, expanding the M-series lineup. The new handset features a 120Hz Super AMOLED display, an Exynos 1380 chipset, 6GB RAM, 128GB storage, and a 50MP triple rear camera setup. It packs a 5,000mAh battery with 25W wired fast charging. The device runs on OneUI 7 based on Android 15. Notably, it is the successor of the Samsung Galaxy M35 5G, launched in India last July. Samsung Galaxy M36 5G: Price, availability The Samsung Galaxy M36 5G is priced at Rs 22,999 for its sole 6GB RAM + 128GB storage variant. It is ...Read More >
Hyderabad: Thousands of people who gathered at ashoorkhana in Dabeerpura on the 10th day of Muharram (Youm-e-Ashura) took part in the Bibi-ka-Alam procession. The procession commenced from Dabeerpura on an elephant and concluded at Chaderghat. The Shia mourners took out the procession to mark the martyrdom anniversary of Prophet Mohammad's grandson, Imam Hussain, on the 10th day of Muharram. Members of the Shia sect performed matam and participated in processions. The 10th Muharram is the day on which Imam Hussain was martyred in the battle of Karbala by Yazid and his army. The relic made of ...Read More >
New Delhi, July 9 (SocialNews.XYZ) India's largest consumer electronics brand Samsung on Wednesday announced that it has started taking pre-orders for the most advanced Galaxy Z series yet - Galaxy Z Fold7 and Galaxy Z Flip7 -- which are being manufactured in the country in a further boost to the 'Make in India' initiative. Galaxy Z Fold7 brings together the best of Galaxy design, camera functionality and AI innovation in the thinnest and lightest Galaxy Z Fold series to date. It delivers the premium performance and experience of an ultra-smartphone, while unlocking new levels of efficiency a ...Read More >