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Instagram co-founder Mike Krieger to lead Anthropic's AI incubator
Anthropic, a leading artificial intelligence (AI) company, has appointed Mike Krieger, the co-founder of Instagram, as the co-leader of its Labs incubator.
Unacademy to close offline centers, shift to franchise model
Unacademy, a leading edtech firm backed by Temasek, is planning to shut down its company-operated offline centers and transition to a franchise model.
VoiceRun grabs $5.5 million to power up voice agent tech
VoiceRun, a platform for developing and scaling voice agents, has raised $5.5 million in a seed round led by Flybridge Capital.
Shadowfax IPO: All you need to know
Infosys saw a 2% dip in net profit despite a 9% revenue rise in Q3. Meanwhile, Licious and Groww reported significant revenue growth but faced profitability challenges.
No, Infosys employees aren't being detained in the US—CEO clears the air
Infosys CEO Salil Parekh has dismissed rumors of an employee's detention by US Immigration and Customs Enforcement, clarifying that a worker was denied entry months ago.
Belgian startup Aikido is now Europe's fastest cybersecurity unicorn
Belgian cybersecurity firm, Aikido Security, has achieved unicorn status with a $60 million funding round, raising its valuation to $1 billion.
Groww's big revenue jump, but profits dip: Here's what's up
Groww reported a 24.8% increase in operating revenue to Rs 1,216 crore in Q4, while net profit fell by 27% due to decreased long-term incentives.
Air India and Saudia team up for smoother India-Saudi travel
Air India and Saudia have inked a codeshare agreement to bolster air connectivity between India and Saudi Arabia, offering passengers improved travel options.
US lets NVIDIA sell some AI chips to China (with strings attached)
The Trump administration has imposed new security requirements on Nvidia for its H200 AI chip exports to China, affecting supply and testing procedures.
Coca-Cola puts Costa Coffee sale on hold after low bids
Coca-Cola has reportedly ceased plans to sell its Costa Coffee chain after bids from private equity firms fell short of the company's expectations.
Lucknow firm bags Blue Origin's BE-4 engine order
Lucknow-based Aerolloy Technologies has secured a contract from Jeff Bezos' Blue Origin to manufacture superalloy investment casting for the BE-4 rocket engines.
Infosys's headcount hits record 3.37 lakh, but hiring pace cools
Infosys Ltd. added 5,043 employees in Q3 FY26, marking its highest net headcount increase in 11 quarters, boosting total workforce to 337,034.
Government wants corporates and startups to join forces
The Indian government is encouraging large corporations to increase their collaboration with startups, aiming to boost domestic manufacturing and support young entrepreneurs.
Infosys Q3 profit slips, but revenue and future outlook stay strong
Infosys reported a Rs 1,289 crore exceptional charge in Q3 due to new labour codes. This resulted in a more than 2% fall in consolidated net profit, missing market expectations.
Infosys Q3 profit dips 2.2% to ₹6,654cr, misses estimates
Infosys has reported a net profit of ₹6,654 crore for the third quarter of FY26—a marginal 2.2% decline from last year and lower than analyst expectations.
Infosys Q3 profit dips, misses expectations
Infosys' Q3 FY26 net profit dipped by 2.2% year-on-year, falling short of expectations. However, the company raised its revenue growth guidance for FY26.
Japanese yen sinks to 18-month low as uncertainty grows
The Japanese yen has hit an 18-month low due to rising political uncertainty and speculation over fiscal expansion, sparking fears of potential intervention by Tokyo.
Netflix weighs all-cash bid to clinch Warner Bros takeover battle
Netflix is considering a revised bid strategy to acquire Warner Bros. Discovery Inc.'s studios and streaming businesses, according to Bloomberg.
Tax rules trip up India's fast-track company breakups
Fast-track demergers, aimed at simplifying corporate restructuring, are facing significant tax obstacles under current Indian law.
Groww Q3 profit drops 28% YoY to ₹547cr
Billionbrains Garage Ventures, the parent company of online investment platform Groww, has reported a 28% year-on-year decline in net profit for the third quarter of FY26.
Indian Oil, BPCL strike oil in Abu Dhabi
Indian state-run oil corporations, IOC and BPCL, have announced new oil discoveries in an onshore exploration block in Abu Dhabi through their joint venture UBPL.
TCS, AMD join hands to scale enterprise AI solutions
Tata Consultancy Services (TCS) has announced a strategic partnership with US chipmaker Advanced Micro Devices (AMD).
Vedanta shares hit all-time high today: Here we decode why
Shares of mining giant Vedanta have hit an all-time high, extending their winning streak to the fourth consecutive session.
Pakistan teams up with Trump-linked crypto firm for digital payments
Pakistan has partnered with SC Financial Technologies, connected to the Trump family's main crypto business, to explore cross-border digital payments.
Silver prices soar past $90/ounce for first time ever
Silver prices have hit a new high, crossing the $90 per ounce mark for the first time in history.
RBL Bank cuts savings account rates—here's what's changing
RBL Bank has announced a 50 basis point cut in interest rates on savings account deposits ranging from ₹25 lakh to ₹3 crore, effective from January 15.
Instagram co-founder Mike Krieger to lead Anthropic's AI Labs
Mike Krieger, Instagram co-founder and Anthropic's CPO, will co-lead the company's AI incubator Labs amid a leadership reshuffle.
China's steel exports just broke records
China's steel exports hit a record high in December 2025, while iron ore imports also reached an all-time high last year.
Groww profit drops, but business keeps growing
Groww's parent company, Billionbrains Garage Ventures, reported a 28% year-on-year decrease in profit after tax to ₹547 crore, despite a 26% increase in total income.
State Street invests $65 million in Groww AMC
State Street Investment Management has invested $65 million in Groww Asset Management Company, potentially acquiring a 23% stake.
India wants to hit $8-10 trillion in exports by 2047
NITI Aayog CEO, BVR Subrahmanyam, suggests that India should aspire to become an $8-10 trillion export economy by 2047.
HDFC Bank switches to digital lounge vouchers—No more card swipes
SBI Card, HDFC Bank and ICICI Bank have revised their debit and credit card benefits, impacting lounge access, fees and rewards from January 2026.
Tech companies cut 245,000 jobs in 2025 amid AI push
The global technology sector witnessed a staggering loss of nearly 245,000 jobs in 2025.
Deloitte bumps up India's GDP growth forecast to 6.8% for FY26
India is projected to achieve a GDP growth of 7.5-7.8% in the current fiscal year, driven by festive demand and strong services activity, according to Deloitte India.
Unacademy to switch to franchise model after upGrad deal falls through
Unacademy plans to transition from company-operated centres to a franchise-led model, following the collapse of acquisition discussions with rival upGrad.
Executive Centre India gets SEBI nod for ₹2,600cr IPO
Executive Centre India, a premium flexible workspace solutions provider, has received approval from SEBI to raise Rs 2,600 crore through an initial public offering.
PFRDA revamps NPS Vatsalya scheme for minors
The Pension Fund Regulatory and Development Authority (PFRDA) has updated the NPS Vatsalya Scheme, making partial withdrawal and exit rules more flexible for subscribers.
This start-up says it has reinvented a 100-year-old technology
Ammobia, a start-up, is significantly improving the production of ammonia, a key ingredient in fertilizers and other industries.
TCS's workforce shrinks by 30,000 in 2 quarters
Tata Consultancy Services (TCS) has witnessed a major decline in its headcount over last two quarters.
Maharashtra civic polls: Stock markets take a break for voting day
The Indian stock market will remain closed tomorrow, January 15, due to the Municipal Corporation Election in Maharashtra.
Gold and silver hit all-time highs on Makar Sankranti
Silver prices are nearing a historic ₹3 lakh per kg, while gold edges towards ₹1.5 lakh per 10 gm, reflecting the ongoing surge in precious metals globally.
Bitcoin's big jump wipes out $600 million in bearish bets
Bitcoin's recent rally, reaching a two-month high, has resulted in over $600 million of bearish crypto bets being wiped out.
Union Budget 2024: What is 'Stand-Up India II' scheme?
The upcoming Union Budget is expected to introduce Stand-Up India II, a revamped scheme increasing the maximum loan size for small and first-generation businesses.
Bharat Coking Coal IPO allotment today: How to check status
The initial public offering (IPO) of Bharat Coking Coal Ltd, a subsidiary of Coal India, has been oversubscribed by nearly 147 times.
India's wholesale inflation rises to 8-month high of 0.83%
India's wholesale price inflation has risen to an 8-month high of 0.83% in December, marking an increase from November's contraction of 0.32%.
India's retail inflation ticks up, still under RBI's limit
India's wholesale price inflation hit an eight-month high of 0.83% in December, marking a return to positive territory after two months of deflation.
Intel shares surge after KeyBanc upgrade—what's fueling the buzz?
Intel's shares soared over 6% following its next-gen AI PC chips unveiling and a significant push into AI computing, signaling a promising turnaround for the company.
Vedanta shares pop after upbeat analyst call
Vedanta Ltd's shares jumped over 6% today, driven by bullish brokerage commentary, the company's proposed demerger, and robust momentum in the metals and mining sector.
Indian bonds drop as Bloomberg delays global index entry
Indian government bonds continue to fall following their unexpected exclusion from a global index, amidst rising oil prices and investor caution.
US eases path for NVIDIA's AI chip sales to China
The US Department of Commerce has eased its stance on artificial intelligence (AI) chip exports to China.
'Wasting billions': Jeff Bezos calls out AI firms over private data centers
Jeff Bezos, Amazon founder, criticizes AI companies for inefficiently building their own data centres, predicting a shift back to centralized cloud infrastructure.
TCS cuts 30,000+ jobs in just 6 months
Tata Consultancy Services (TCS) experienced a headcount reduction of approximately 30,000 over two quarters, with over 22,000 employees voluntarily exiting the company.
POPclub's UPI transactions crash 85% after cashback offers end
Razorpay-backed fintech startup, POPclub, has seen an 85% slump in its monthly UPI transactions following the withdrawal of cashback incentives.
China's trade surplus hits record $1.1 trillion despite US tariffs
China has posted a record trade surplus of $1.189 trillion in 2025, defying the renewed tariff pressures from the US under President Donald Trump.
Rupee strengthens to 90.12; Sensex edges up as oil prices drop
The rupee recovered 11 paise to trade at 90.12 against the US dollar, influenced by lower crude oil prices and a weakening American currency.
Meta cuts 1,000+ jobs at metaverse unit amid wearables push
Meta is set to lay off over 1,000 employees from its Reality Labs division. The layoffs will mostly affect teams working on virtual reality products.
Sensex bounces back after losing streak, but Nifty still wobbly
The Sensex and Nifty indices rebounded from early losses due to value buying in select stocks, expiry-related volatility, and positive cues from Asian markets.
Yajur Fibers lists at 20% discount to IPO price
Yajur Fibres' shares made a disappointing debut on the BSE SME platform, listing at a 20% discount to its IPO price. The company's market capitalization stood at Rs 315.75 crore.
NPS, EPF reforms: More flexibility for your retirement savings
Recent amendments in NPS and EPF rules have altered the accessibility and timing of retirement savings withdrawals in India.
Taiwan issues arrest warrant for OnePlus CEO: Here's Why
Authorities in Taiwan have issued an arrest warrant for Pete Lau, the CEO of Chinese smartphone brand OnePlus.
Sensex, Nifty set for a slow start as markets stay choppy
India's benchmark indices, Sensex and Nifty, experienced a decline due to sustained foreign investor selling and firm crude oil prices.
Indian tourism sector hopes for big changes in Union Budget
The Indian tourism industry, projected to reach $34.1 billion by 2029, anticipates government measures in the upcoming budget to stimulate growth and domestic tourism.
Gold prices hit record, but jewelry sales still shine
Despite soaring gold prices, India's jewellery firms demonstrated robust growth in Q3, driven by festive demand and a shift towards organized players.
Asian markets get a boost from weak yen, while US stocks take a breather
Asian shares experienced a slight increase as the Japanese yen weakened, while Japanese equities continued their record-breaking streak due to reports of a snap election.
Gold holds near record highs even after small dip
Gold prices hover near record highs as weaker-than-expected US inflation data strengthens the argument for a Federal Reserve rate cut.
Rupee closes at 90.21 per dollar after bond index exclusion
The Indian rupee closed slightly weaker at 90.19 against the dollar on Tuesday, while bond yields rose following news that Indian bonds won't be included in a global index.
RBI may bring back urban cooperative bank licenses after 2 decades
The Reserve Bank of India (RBI) is contemplating new eligibility standards for urban cooperative bank (UCB) licenses to enhance the sector's strength and governance.
India's deep-tech startups raised $1.6 billion in 2025
Investors highlight regulatory delays and late-stage funding gaps as major obstacles for India's deeptech startups, despite the presence of government schemes and funding.
India's Russian oil imports take a big dip—here's why it matters
India's import of Russian crude oil fell by a significant 29% month-on-month, hitting its lowest volume since the price cap policy was implemented.
Supreme Court could strike down Trump's tariffs, say traders
Traders on Polymarket, a blockchain-based prediction platform, have assigned a 73% chance that the US Supreme Court will declare President Trump's tariffs illegal.
Meta to reward top performers with up to 300% bonuses
Meta, the parent company of Facebook and Instagram, is revamping its employee performance review system.
OYO, Razorpay backer Lightspeed to launch new India-focused fund
Lightspeed India Partners, a prominent early-stage investor in companies like OYO and Razorpay, is gearing up to launch its next fund focused on India and Southeast Asia in 2026.
Why India's basmati rice exports to Iran is down
Civil unrest in Iran is affecting India's basmati rice exports to the country, an industry body has said.
Flipkart-backed Shadowfax to launch ₹1,900cr IPO next week
Shadowfax, a leading logistics services provider backed by Flipkart, is gearing up to launch its initial public offering (IPO) next week.
Alphabet hits $4T valuation after Apple picks Gemini for Siri
Google's parent company, Alphabet, has hit a major financial milestone by hitting a $4 trillion valuation for the first time.
Why India's auto stocks are falling for fifth straight day?
Shares of Indian automakers and auto-parts makers have witnessed a decline, marking the fifth consecutive session of losses.
India's electronics and IT to generate $1T revenue by 2030
India's electronics industry, which generated $125 billion in revenue last year, is expected to grow at a compounded annual growth rate of 32%, according to the Ministry of Electronics and Information Technology (MeitY).
Blinkit drops 10-minute delivery commitment in India
Blinkit, a leading player in the quick commerce space, is set to ditch its "10-minute delivery" branding.
Sensex tumbles over 600 points: What's behind today's market crash
India's benchmark equity indices continued their downward trend on Tuesday.
Why Bloomberg has delayed Indian bonds' inclusion in global index
Bloomberg Index Services has delayed the inclusion of Indian bonds in its Global Aggregate Index.
Fired Rockstar employees denied interim pay by UK tribunal
A UK employment tribunal has rejected a request for interim pay from fired Rockstar Games employees, while they await a full hearing regarding their dismissal.
Who is Dina Powell McCormick, Meta's new President
Meta has announced the appointment of Dina Powell McCormick as its new President and Vice Chairman.
Amagi Media Labs IPO now open: Should you subscribe?
Amagi Media Labs, a Bengaluru-based company specializing in cloud-based broadcast and connected TV technology, has launched its initial public offering (IPO) today.
How Trump's 25% tariff on Iran trade affect India
US President Donald Trump has announced a 25% tariff on all business transactions with Iran's trade partners.
Silver overtakes NVIDIA to become world's second most valuable asset
Silver has surpassed NVIDIA in market capitalization, becoming the second-most valuable asset globally, after gold.
Why Paramount is suing Warner Bros. Discovery
Paramount has filed a lawsuit against Warner Bros. Discovery (WBD) after the latter's agreement with Netflix.
Last chance to buy Kotak Bank shares before 5:1 split
Kotak Mahindra Bank is splitting its shares in a 5:1 ratio. The record date for this corporate action is set as January 14, 2026.
Meta to lay off 1,500 employees from Reality Labs team
Meta is reportedly planning to lay off around 10% of its Reality Labs division, a move that will affect some 1,500 employees.
Meta appoints Dina Powell McCormick as its 1st-ever president
Meta has appointed Dina Powell McCormick, a former Goldman Sachs executive, as its first-ever President and Vice Chairman.
India invited to join Pax Silica Alliance: What is it?
India will be invited to join the Pax Silica Alliance as a full member next month, said Sergio Gor, the US Ambassador to India.
IHCL secures sound mark registration for 'Taj': What's so special?
The Indian Hotels Company Limited (IHCL), owned by Tata Group, has become the first company in India's hospitality sector to secure a sound mark registration.
Apple dethrones Samsung as top smartphone brand after 14 years
Apple has overtaken Samsung to become the world's leading smartphone brand in 2025, according to a report by Counterpoint Research.
US-India trade deadlock could cost thousands of jobs, expert warns
Market expert Ajay Bagga has warned that the stalled trade talks between India and the United States could lead to job losses in several sectors.
This company has 65,000 workers. Nearly 40% are AI agents
McKinsey & Company has seen a rapid increase in its workforce, thanks to the addition of some 25,000 artificial intelligence (AI) agents.
NSE plans to file IPO documents by March-end
The National Stock Exchange of India (NSE), the country's largest stock exchange, is gearing up to file its draft prospectus for a much-anticipated public listing by the end of March.
IRCTC's new rule restricts ticket booking to Aadhaar-linked users
The Indian Railway Catering and Tourism Corporation (IRCTC) has announced a major change in its ticket booking policy.
IndiGo among Asia-Pacific's most punctual airlines for 2025
India's largest airline, IndiGo (InterGlobe Aviation Limited), has been recognized as one of the most punctual airlines in the Asia-Pacific region for 2025.
India's retail inflation rises to 3-month high of 1.33%
India's retail inflation has increased to a three-month high of 1.33% in December, up from 0.7% in November, government data released today showed.
Amazon Republic Day sale 2026: Check dates, deals, and offers
Amazon has announced the dates for its upcoming Republic Day sale in India.
TCS Q3 profit plunges 14% to ₹10,657cr, misses estimates
Tata Consultancy Services (TCS) has reported a 14% year-on-year decline in its net profit for the third quarter of FY26.
Why Trump has warned credit card companies of 'severe' consequences
US President Donald Trump has warned credit card companies of dire consequences if they do not comply with his proposed 10% cap on interest rates by January 20.
Websol spending ₹3,500cr on solar manufacturing facility in Andhra Pradesh
Websol Renewable Pvt Ltd has announced a massive investment of over ₹3,500 crore to set up an integrated 8GW solar manufacturing facility in Naidupeta, Tirupati district of Andhra Pradesh.
Did Google fire an employee for reporting manager's lewd behavior?
A senior employee at Google has claimed she was made redundant, after reporting a manager who had shared explicit details of his swinger lifestyle and showed a nude picture of his wife.
India's iPhone exports cross ₹2 trillion mark in 2025
India's iPhone exports have crossed the ₹2 trillion mark for the first time since 2021.
India to manufacture 3nm chips by 2032: Ashwini Vaishnaw
India is gearing up to become a global technology powerhouse, with a particular focus on semiconductors and artificial intelligence (AI).
Nifty, Sensex suffer worst start to year in a decade
India's equity markets have witnessed a major sell-off, with the Nifty 50 index witnessing its worst start to the new year in a decade.
Heineken CEO to step down as brewer navigates market challenges
Dolf van den Brink, the Chief Executive Officer (CEO) of Dutch brewing giant Heineken, has announced his decision to step down from the role on May 31.
Why Fed Chair Jerome Powell is under criminal investigation
The United States Justice Department has launched a criminal investigation into Federal Reserve Chairman Jerome Powell.
Gold, silver prices hit all-time highs amid geopolitical tensions
Gold prices have surged past the $4,600 per ounce mark for the first time in history.
Zomato, Urban Company backer raises $250M for India-focused fund
Dharana Capital, an offshoot of VY Capital, has successfully raised $250 million for its second India-focused fund.
US says India 'most essential' partner as trade talks resume
Sergio Gor, the newly appointed US Ambassador to India, said "there's no partner more essential than India."
Zepto denies any link to delivery partner's death in Hyderabad
Zepto, a popular hyper-fast delivery service in India, has clarified that a man who died in a road accident in Hyderabad earlier this month was not associated with its platform.
How to avoid hidden fees in 'lifetime free' credit cards
Credit cards branded as "lifetime free" may seem like a great deal with no joining or annual fee and rewards.